The E3 Low Carbon Economy Fund for Africa (E3LCEF) has reached its first close at $48.1 million. The fund, which is managed by early-stage VC E3 Capital and emerging markets-focused investment bank…
Category: Startups
Revolutionizing Information Access: Zimbabwe’s ZivAi Chatbot Platform
Zimbabweans have something to look forward to! Zimbabwean serial entrepreneur Kuda Musasiwa and his team are set to launch a new chatbot platform powered by Open AI, which is set to revolutionize…
Kenyan Start Up Amini Raises $2 Million to Bridge Africa’s Environmental Data Gap with AI and Satellite Tech
Kenyan start-up Amini has raised $2m in pre-seed funding for its AI and satellite technology platform, which aims to address Africa’s environmental data gap. The six-month-old company gathers data from weather sensors…
African Tech StartUP Figorr raises $1.5M, Using IoT to Fight Food Waste
Oghenetega Iortim was tired of seeing his fresh produce go to waste. As a farmer in Nigeria, he knew that the country was losing billions of dollars each year to post-harvest losses….
Akayi Announces Shortlist for Entrepreneur of the Year Competition
Akayi, an African entrepreneurship ecosystem enabler, has announced the shortlist for its Entrepreneur of the Year (EOY) business competition. The winners of the competition will have the chance to win a grand…
Astro Technology Group and Old Mutual Zimbabwe Partner to Revolutionize Fintech in Zimbabwe
Astro Technology Group, an African tech startup founded by Dr Munyaradzi Gwatidzo, has recently entered into a financing partnership with Old Mutual Zimbabwe, which is set to transform the fintech sector in…
Y Combinator-Backed Fintech Fingo Launches Kenya’s First Neobank on the back of a $4M investment
Hey, have you heard the news? Fingo, a Kenyan fintech backed by Y Combinator, has launched its neobank! This is a huge milestone for Fingo, as it is the first neobank of…
Yanaya Lifestyle’s New Dried Fruit Slices and Rolls: A Deliciously Healthy Snack in Sleek Packaging
Yanaya Lifestyle, a health lifestyle company based in Zimbabwe, has recently launched a new product that has already caught the attention of many health-conscious consumers in the country. The new product is…
Old Mutual Launches Fintech Subsidiary to Take on Innbucks in a Dramatic Showdown
Hold onto your hats, folks, because Old Mutual is joining the fintech fray and it’s ready to rumble. The financial services giant has unleashed its very own fintech business, Old Mutual Digital…
Innbucks now offering loans as their disruption in fintech continues
Innbucks, the popular mobile online payments company owned by Simbisa Brands, has been making waves in the financial technology space in Zimbabwe. The company has recently announced that it is now offering…