Startups articles


Nigeria’s DropBuddies, VeriCampus, Nurlux, others secure investments from SpeedUPAfrica

Nigeria’s DropBuddies, VeriCampus, Nurlux, others secure investments from SpeedUPAfrica

Three Nigerian startups have secured investments from SpeedUPAfrica, an event seeking to transform African startups to “SpeedUPs” through mentorship, workshops and of course, money. The startups are DropBuddies, a crowdsourced errand running & on-demand delivery service; VeriCampus, which helps schools deliver timely & innovative services via mobile devices, and Nurlux, a WiFi company that runs


Second edition of PITCH DAY 237 to hold tomorrow at ActivSpaces Douala

The second edition of PITCH DAY 237, an annual program to support young Cameroonian entrepreneurs, will be holding tomorrow at ActivSpaces Douala in Cameroon. The event is aimed at supporting Cameroonian startups, helping them to grow and transforming their ideas into real businesses. At the event, shortlisted entrepreneurs will pitch their startups in front of


Business France invites Kenyan startups to a ‘Show & Tell’ at the iHub

Business France, the national agency supporting the international development of the French economy, is inviting Kenyan startups to a ‘Show & Tell’ at the iHub, a Nairobi-based incubator and accelerator. The event is an opportunity for the startups to pitch on the French Tech Ticket, a program designed for entrepreneurs from all over the world


Duet Private Equity partners AMCON to launch US$600 million FMCG Investment Fund

Duet Private Equity, a global alternative asset manager, has announced a partnership with Asset Management Corporation of Nigeria (AMCON) to set up a US$600 million investment fund focused on Nigeria’s Fast-moving consumer goods (FMCG) sector. The fund will launch with an initial target size of US$400 million with AMCON contributing six portfolio companies currently under its control.


Seedstars World selects 11 startups to pitch at its competition in Angola

Seedstars World, the global seed-stage startup competition for emerging markets and fast-growing startup scenes, has announced the selection of 11 startups to pitch at the Angolan leg of its competition. Called Seedstars Luanda, the competition seeks the most promising startup to represent the country at the grand finale, and possibly bring home the top prize. Following


Egyptian startup, Cairo Sitters secures investment from Kamelizer to rebrand & expand

Cairo Sitters, an Egypt based babysitting and tutoring startup, has announced it has secured an undisclosed amount of funds from Kamelizer, an Egyptian angel fund. Launched in 2011, the startup provide classic babysitting and tutoring packages, as well as Language Service, which includes scholastic babysitting sessions in Arabic, English, German or French. The startup will

Dr Hadiza Audu (Consultant Psychiatrist for Gede Foundation) speaking about mental health and wellness

10 startups selected to take part in SLA Accelerator for Women

She Leads Africa (SLA), a social enterprise dedicated to supporting young African women and their journey towards professional success, has announced the selection of 10 startups into its Women-only Accelerator Program. The 3 months program is designed to identify, support and fund the next generation of Nigeria’s brightest female entrepreneurs. Following calls for applications, over 120


iHub partners uWakili to provide startups free legal services

In a bid to reduce the legal barriers for startups and entrepreneurs in its community, Nairobi-based incubator and accelerator, iHub has announced a partnership with uWakili, an online legal service platform, to provide free legal services to its startups. The partnership will see the startups, including those from m:lab, getting virtual legal consultation office hours and


Kenyan startup, WeFarm secures US$200,000 at The Venture finals

WeFarm, a Kenya based peer-to-peer farming information platform, has secured US$200,000 for placing second at the finals of The Venture, Chivas Regal’s global search for the world’s most promising entrepreneurs. Following the public voting period, which was used to decide how US$250,000 of the US$1 million prize money of the competition will be distributed amongst


30 startups make it to the finals of Demo Africa

30 startups have been selected to pitch at the finals of Demo Africa, one of the flagship initiatives of LIONS@frica and described as the “launchpad for emerging technology and trends”. Following calls for applications, over 723 applications from 46 countries were received with 131 selected in the first adjudication round. The next round saw that number


SA’s online pet food store, Pet Heaven secures investment from Silvertree Internet Holdings

Pet Heaven, a South Africa based online pet food and accessory store, has announced it has secured an undisclosed amount of investment from Silvertree Internet Holdings, a business incubator based in South Africa. Launched in 2012, Pet Heaven delivers pet food to subscribers on a recurring basis and at great prices. Its range of pet accessories


Most promising EduTech startup at Seedstars World finals to receive US$50,000 courtesy of TRECC

Transforming Education in Cocoa Communities (TRECC), an initiative to transform education for communities in rural areas of Ivory Coast, has announced it will offer the most promising EduTech startup at the Seedstars World finals US$50,000. Known as the Transforming Education Prize, it was established to ensure that educational services and innovation are easily accessed by


Applications Open For Seedstars Lagos

Seedstars World, the global seed-stage startup competition for emerging markets and fast-growing startup scenes, has announced it is accepting applications for the Nigerian leg of its competition. Aptly called Seedstars Lagos, the competition will see 10 selected promising startups slug it out for a chance to emerge winner (and crowned the most promising seed-stage startup


Comparison site for loans, TopCheck sees increased loan requests after Naira devaluation

TopCheck, Nigeria’s leading comparison site for loans, has announced that demand for loans on the platform increased significantly since the Naira was devalued. The Naira was devalued by the CBN (Central Bank of Nigeria) on June 22, 2016 to cushion the effect of the crash in global oil prices, which of course affected the country significantly –


Streaming service, BlackBOX TV wins Seedstars Maputo

BlackBOX TV, a service which allows anyone to stream content without Internet via its digital broadcast, has emerged winner of Seedstars Maputo, a competition to find the best startup in Mozambique. Following calls for applications, 10 startups were selected to pitch in front of a panel of judges at the finals of the event for a chance


Paystack introduces ‘Transaction Timeline’ to better understand abandoned transactions

Paystack, a Nigerian online payment platform, has announced the introduction of ‘Transaction Timeline’ in a bid to better understand abandoned transactions and come up with an apt solution. Abandoned transaction is just a situation where customers load up the payment page but don’t end up paying – for whatever reason. This phenomenon has been worrying


Startup Weekend Mauritius kicks off today

Startup Weekend, a tech event that brings together aspiring and established entrepreneurs solely to (literally) launch a startup in 52 hours, is kicking off today in the island of Mauritius. Aptly called Startup Weekend Mauritius, the event will bring developers, designers, business people, product managers, and entrepreneurs together to turn ideas into prototypes and launch


Printivo wins Starta’s Nigerian Startup Matchup

Printivo, a Nigeria-based digital printing startup, has won the Nigerian Startup Matchup organized by Starta, a business support platform for startup and SME entrepreneurs in Africa. The matchup, organized in honour of the late Muhammed Ali (you know him…the one that floats like a butterfly and stings like a bee), was aimed at finding the No.