Vambo Academy, a pioneering African languages startup, has recently unveiled an exciting addition to its language learning platform, VamboAI. The latest feature allows users to save their past prompts and revisit them…
Category: Startups
Zimbabwean Startup Sciency Wins Falling Walls Engage Competition
Sciency, a Zimbabwean startup dedicated to providing affordable access to practical STEM and Robotics Education in Africa, has achieved a remarkable feat by winning the prestigious Falling Walls Engage Competition. This global…
Jumia Rises from the Ashes, Records Lowest Losses in Four Years
In the first quarter of 2023, Jumia, the African e-commerce giant, reported its lowest losses in four years. The company’s adjusted EBITDA and operating losses experienced a significant decrease, reaching $27 million…
FlexID launches FlexPay: Using WhatsApp to Redefine Peer-to-Peer Payments in Africa
FlexID, a blockchain identity startup based in Zimbabwe, has recently launched FlexPay, a peer-to-peer (P2P) service, on the Algorand blockchain mainnet. The company’s goal is to establish a self-sovereign identity platform, addressing…
Flutterwave’s Troubles Worsen: Kenyan Judge Rejects ARA’s Bid to Withdraw Fraud Case
Kenya’s Assets Recovery Agency (ARA) has been denied its request to withdraw its second case against Flutterwave, an African fintech giant, by the country’s High Court. The ARA had frozen $3 million…
New Sadza Cooker Invented by Zimbabwean Chef
A new kitchen appliance aims to make cooking sadza, Zimbabwe’s iconic mealie meal porridge staple food, faster and easier. The Sadza Cooker, invented by Zimbabwean entrepreneur Caroline Gundu, works by mixing water…
Design Mate: The Future of Interior Design is Here
If you’re looking to revamp your living space but don’t know where to start, Design Mate is an AI-powered interior design chatbot that can provide instant inspiration and ideas tailored to your…
African Startup Kubik raises $3.34 million seed funding
A report by the Organisation for Economic Co-operation and Development (OECD) predicts that global plastic waste production will triple to over 1,000 million tons by 2060. Developed countries are expected to continue…
Eze, a YC-backed African Tech StartUp raises $3.7million
Eze, a B2B marketplace connecting global electronic wholesalers to trade devices in large quantities with real-time market data, has raised $3.7 million in an oversubscribed seed round. The startup, founded by Joshua…
Tyme Bank heats up with $77.8M funding led by Norrsken22 and Blue Earth Capital
TymeBank, a South African digital banking platform, has raised $77.8 million in a pre-Series C funding round. The round was led by African-focused growth-stage fund Norrsken22 and Swiss global impact investment firm…