Startups

african climate start ups

E3LCEF and Lion’s Head Global Partners Back African Climate Tech Startups

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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 Lion’s Head Global Partners, aims to close at $100 million and will provide initial and follow-on funding to startups in Africa’s climate tech […]

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ZivAi

Revolutionizing Information Access: Zimbabwe’s ZivAi Chatbot Platform

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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 the way Zimbabweans access information. The platform, named ZivAi, will be trained on the local Zimbabwean context, including the constitution, books, and general

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Amini

Kenyan Start Up Amini Raises $2 Million to Bridge Africa’s Environmental Data Gap with AI and Satellite Tech

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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 and other sources and provides local and international companies with environmental information. Amini’s founder, Kate Kallot, said the platform could provide granular data

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Figorr

African Tech StartUP Figorr raises $1.5M, Using IoT to Fight Food Waste

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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. So, he decided to do something about it. In 2019, Iortim founded Figorr, a cold chain startup that uses IoT technology to monitor

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Akayi Competition

Akayi Announces Shortlist for Entrepreneur of the Year Competition

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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 prize of US$2000. The shortlisted entrepreneurs for this year’s competition are a diverse group, and their businesses range from agriculture to tech. The

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Astro Technology Group

Astro Technology Group and Old Mutual Zimbabwe Partner to Revolutionize Fintech in Zimbabwe

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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 Zimbabwe. This partnership will allow civil servants in Zimbabwe to apply for USD loans from the comfort of their homes, as well as

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Fingo Africa

Y Combinator-Backed Fintech Fingo Launches Kenya’s First Neobank on the back of a $4M investment

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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 its kind in Kenya. The neobank was developed in collaboration with Pan-African financial institution Ecobank Kenya, and was unveiled in an event attended

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Yanaya Lifestyle’s New Dried Fruit Slices and Rolls: A Deliciously Healthy Snack in Sleek Packaging

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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 a range of dried fruit slices and rolls, made from fresh, locally-sourced fruits. Founded in 2016 by Nyardzo Moyo, Yanaya Lifestyle has quickly

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old mutual

Old Mutual Launches Fintech Subsidiary to Take on Innbucks in a Dramatic Showdown

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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 Services (OMDS), and it’s got big plans to shake things up in the Zimbabwean market. They’re not just sticking to the usual mobile

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Innbucks

Innbucks now offering loans as their disruption in fintech continues

1 Comment / News, Startups, Zimbabwe /

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 loans to businesses, individuals, and civil servants, a move that has disrupted the mobile money sector in the country. For several years, Ecocash,

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