Search Results for: startup

African Business Arena considered more ideal for startups

When investors set to identify locations to invest, Africa is less likely to come to mind yet the investment scene in Africa has experienced a surge of activity over the last few years, fueling speculation that Africa could be the next big startups hub. Innovation has accelerated with new ideas and technologies spreading across the […]

Ethiopian ed-tech startup Accelerated uses data-driven tech to train better teachers

Ethiopian ed-tech startup Accelerated is blending behavioural sciences, technology and classroom data in order to build a unique teacher-coaching platform for the African context. Founded in 2016 and now finishing its third academic year of operations, Accelerated was established to address poor education outcomes by improving the quality of teaching in Africa, starting in Ethiopia. […]

African tech startups secured a record US$334.5 million worth of investment

According to the annual African Tech Startups Funding Report 2018 released by startup news and research portal Disrupt Africa, which is now in its fourth year, African tech startups smashed funding records in 2018 as 210 startups secured US$334.5 million worth of investment. The report, which tracks the total amount of funding raised by African […]

Nairobi-based lending startup Tala gets an undisclosed strategic funding from Paypal

PayPal Inc Holdings Inc has made an unspecified strategic investment in Tala, a financial technology startup that lends to underserved consumers in emerging markets, the companies said on Monday reports Reuters. Based in Santa Monica, California, Tala lends to individuals in Kenya, Tanzania, the Philippines, and Mexico through its smartphone app. The company has lent […]

Untapped opportunity in Africa’s emerging startup hubs

African startups are in a unique position to leverage innovation to answer some of the continent’s most pressing challenges. To achieve this, an enabling environment is mission critical, according to Abu Cassim, founder and director of Jozi Angels, an angel network that invests in early stage startups. Growing venture capital (VC) in Africa was a […]