SA Artificial Intelligence agriculture startup, Aerobotics has raised approximately $2 million in series A funding from the South African bank, Nedbank Group, US Ag-Tech Venture Capital Fund AgFunder, US-based AngelList and South African-based 4Di Capital. Aerobotics uses machine learning and artificial intelligence to process satellite and drone imagery and deliver insights to Farmers. Banks and…
Author: AdeO
Applications to be part of the Knife Capital Grindstone 4 Accelerator Programme are now open. The accelerator programme is organised in partnership with Johannesburg-based management consultancy Thinkroom. The year-long programme – which aims to assist high-growth South Africa tech startups to become more “investable, sustainable and exit ready” closes 31 August.…
Global startup support organisation, Endeavor has launched its Kenya chapter, kicking off by taking seven entrepreneurs into its global network. Endeavor works to catalyse long-term economic growth by selecting, mentoring and accelerating the best high-impact entrepreneurs worldwide. The organisation, which supports entrepreneurs that have passed through the initial startup phase…
Google has been fined a record $5bn over Android antitrust violation by the European Commission. The European Commission said the firm had used the mobile operating system to illegally cement its dominant position in general internet search. The firm’s parent Alphabet has been given 90 days to change its business practices or…
As Jumia Travel, the leading travel agency marks its 6th anniversary between Jul 16 and Jul 29, the travel agency says it has juicy hotels and flights offers for its teeming customers across the country. The travel agency which has over 25,000 hotels on its platform has democratized travel for…
A new report by Sensor Tower Store Intelligence estimates that App Store and Google Play users spent a combined $34.4 billion on mobile apps and games in the first half of 2018. This figure represents a year-over-year increase of 27.8 percent over the first half of 2017, when consumers spent a combined $26.9 billion on both…
Walmart & Microsoft has signed a 5-year deal and preparing to take on Amazon. In the deal, Walmart will boost its use of Microsoft’s cloud services and work with the tech firm on artificial intelligence and machine learning projects. The agreement will help both companies take on Amazon. According to…
The investment arm of CCHub-Growth Capital Fund in partnership with KPMG and Olaniwun Ajayi LP is organising a one-day session for startup founders and executives. The invite for application was disclosed on the Twitter handle of Growth Capital Fund @nextgenfund. Five startups will be selected from the received applications. https://twitter.com/nextgenfund/status/1019161882777784320 https://twitter.com/nextgenfund/status/1019171984406654976…
For a major audio and video calling platform like Skype, you expect that there will be a recording feature. Well, up until now, Skype doesn’t have such a feature. This said, if you update your Skype as from later this month, it will include built-in call recording. The new feature…
Ghanaian agritech startup CowTribe has been selected as the winner of the Seedstars Accra. By winning Seedstars Accra, CowTribe has secured an opportunity to represent Ghana at the global Seedstars Summit set to be held in Lausanne, Switzerland next year. At the conference, the startup stands a chance to win up to $1-million…
Almost anyone today can start a business. Becoming an edtech entrepreneur is easy. You find a problem plaguing education and develop a solution using technology. The trick to success, however, is in scaling your edtech company so that it becomes a viable and vital tool that helps students and teachers.…
Jumia’s six years anniversary celebration taking place throughout the month of July aims at celebrating major milestones achieved over the period of its operations in Nigeria. These include, for instance, the listing of over 5 million unique products on the platform, supporting the growth of MSMEs (over 10,000 merchants active…
Injini, the Edtech incubator headquartered in Cape Town, South Africa has disclosed the startups that will participate in its second cohort. The Edtech received over 800 applications from 36 countries across Africa. The eight initiatives are from Ethiopia, Nigeria, Kenya, South Africa, and Zimbabwe. Commenting, Injini founder Jamie Martin said…
Nigeria, Kenya, Egypt and South Africa have led the African technology startup ecosystem which in the first half of 2018 attracted $168.6 million spread across 118 deals, outstripping the 2017 annual funding mark of $167.7 million. According to the African Startup and Venture Capitalist Ecosystem Report for the first six…
DEMO Africa recently announced that it was floating a $100m venture fund tagged ‘Demo Ventures’ to invest in early-stage tech startups across various verticals and these include consumer web and mobile, renewable energy, and financial services. Now, DEMO Ventures, which will be launched in October, has disclosed the five countries that…
Gray Matters Capital (GMC), an Atlanta-based impact investor has announced its investment in Ghana’s Redbird Health Tech through its GMC coLABS portfolio. GMC coLABS is an early-stage investment portfolio seeking to invest in innovative and scalable for-profit enterprises that have the potential to dramatically improve the lives of women and…
Automakers may have looked into the future of the auto industry and seen that the trend in the industry. What is the trend? They are ride-sharing, electric cars and self-driving cars. It is, therefore, no surprise that many of these automakers are investing heavily in these three trending innovation. For…
In what seems like a bright prospect for domestic tourism in Nigeria, the sector is expected to contribute N3.63 billion to the country’s GDP by the end of 2018. The number of international arrivals in the country and employment generated by the sector is expected to grow by 1.5% and…
In line with its Economic Recovery and Growth Plan, especially its strategy to diversify the economy by making technology an enabler for forex revenue earnings, the Buhari administration would be actively supporting Google’s Next Billion users plan intended to ensure greater digital access in Nigeria and around the world. This…
The Urban Innovation Challenge: Citypreneurs is a young SDGs start-up competition in Seoul for prospective entrepreneurs from around the world interested in solving urban issues in Seoul and achieving the UN’s Sustainable Development Goals (SDGs). WFUNA will co-host the challenge with UN ESCAP, UNDP, WeGO, Seoul Metropolitan Government, Seoul Digital…