Tech Startup Articles in Africa

ethiopia construction technology startup condigital raises pre-seed funding for regional expansion

Ethiopia construction-tech startup ConDigital , has raised an undisclosed pre-seed funding round that will see it cement its presence domestically as it expands outwards in East Africa. ConDigital was launched in January 2019 by digitizing the process of construction project management targeting consultants, contractors, and their owners. Back in 2019, ConDigital raised a US$25,000 funding round led by The Baobab Network and is now accepted to the accelerator programme. Disrupt Afric

article : Startups
egypt tech startup secures $15-million investment

Cairo-based B2B eCommerce platform and tech startup MaxAB has secured $15-million in investment funding from a previous undisclosed investor. In addition, the rapidly growing tech startup has announced the acquisition of WaystoCap , a Morocco-based B2B eCommerce and distribution platform that connects retailers with suppliers across Africa. According to reports, the acquisition will help the tech startup to accelerate its expansion into the Maghreb market which will be supplemented

article : Crowdfunding
kenyan tech startup secures $475 000

Nairobi-based tech startup, CashBackApp has secured $475K in a pre-seed funding round led by Lofty Inc, Sherpa Ventures and Loyal VC with participation from several angel investors from the US, UK, Nigeria and Kenya. CashBackApp has secured $475k in pre-seed funding The pre-seed funding secured will be used to help scale the tech startup across the region and into other African countries. In addition, the funding will supplement the optimisation of the tech platfor

article : Crowdfunding
korean startup contec looking to transform space tech globally

Contec , a Korean startup, is working to revolutionize the space sector by providing holistic solutions for downstream data transmitted through satellites. The company applies AI-based detection and change detection methods in satellite imagery analysis and application. Contec is tasked as an end-to-end service provider through turn-key solutions for space operators. As a spin-off from the Korea Aerospace Research Institute (KARI) Contec offers Satellite Image Processing and Applica

article : Startups
health-tech startup byon8 to scale across africa after closing $1.5m seed round

BYON8 , an online doctor digital health platform just raised $1.5 million in seed capital to help in its expansions across Africa. Danish early tech investor, People Ventures , took part in the round alongside current investors T W Holding and Jellyfish Invest who also participated. The company was founded in 2015 by Josef Murad Matias Murad offering telepathy as a way of making healthcare affordable to everyone. BYON8's app runs 24/7 and one can easily use the app to arrive at a pro

article : Startups
25 tech startups chosen for the 2nd edition of the future is female mentorship programme

25 female-founded tech startups have been chosen for the second edition of The Future is Female Mentorship program comprising of a PR Communications mentorship initiative exclusively dedicated to female tech founders across Africa. C. Moore Media , a New York-based PR firm fixated on the US, UK, and Africa markets received over 180 applications for its second edition from 26 African countries. As businesses reel from the global pandemic, CMM is looking to assist the least supported g

article : Startups
health tech startup field intelligence expands across east and west africa

Health tech startup Field Intelligence, that is digitising the supply chain and transforming access to essential, life-saving medicine, has today announced its expansion into Rivers, Edo, Kaduna, Kano, Enugu, Delta and Kwara States in Nigeria, and Eldoret, Mombasa, Kisumu and Naivasha in Kenya. Independent and franchise pharmacies can access 1000 unique products, inventory planning, subscription delivery and Pay-As-You-Sell on the Shelf Life platform. The expansion will build

article : Mixed
african tech startups invited to apply for the saint-gobain and africarena launch innovation challenge

Saint-Gobain and AfricArena have partnered to launch a joint open innovation challenge targeting e-commerce and fintech startups in Kenya, Egypt, and South Africa. The challenge comes at a time when the adoption of e-commerce has accelerated significantly across the continent. More businesses are adopting digital approaches, partly fueled by the global pandemic and increased internet access across the continent. AfricArena is an SA-based tech ecosystem accelerator deal flow pl

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cape town-founded tech startup secures r42-million

Cape Town-founded mobility tech startup WhereIsMyTransport has secured R42-million in funding from Naspers. This investment forms part of R201-million funding round led by Naspers Foundry , Cathay AfricInvest Innovation Fund, and SBI Investment. Phuthi Mahanyele-Dabengwa, South Africa CEO of Naspers comments on the importance of supporting innovations that address mobility issues. Mobility remains an obstacle for billions of people in high-growth markets across the worl

article : Crowdfunding
sa tech startup sendmarc secures funding

Johannesburg-based tech startup Sendmarc has secured an undisclosed amount of funding in an investment round led by Kalon Venture Partners with contribution from Endeavor South Africa 's Harvest venture Capital II fund. Clive Butkow the CEO of Kalon Venture Partners comments on the funding round injected into the innovative local tech startup. Having Endeavor on board really validates the problem that Sendmarc is solving and provides the team access to their global netw

article : Crowdfunding