Author: Tapiwa Matthew Mutisi

Zambian technology startups are being called upon to participate in MentorPitch, a comprehensive 12-week mentorship initiative. This program is specifically tailored for startups that have progressed beyond the Minimum Viable Product (MVP) phase and are now focused on expanding their early adopter customer base and gearing up for angel investment.…

StartupSouth, the premier startup gathering in the South-South and South-East regions of Nigeria, is set to hold its eighth iteration in the bustling city of Port Harcourt on October 3-4. Since its inception in 2015, StartupSouth has been a beacon for entrepreneurs, innovators, and investors, drawing them from various parts…

Recently, the Anzisha Prize, a distinguished accolade that spotlights young African entrepreneurs for their exceptional ability to innovate and evolve their businesses, announced its latest cohort of winners. The grand finale of this annual event was held in Johannesburg, South Africa, where four remarkable entrepreneurs—Mathias Yabe, Nzinga Antonio, Sharon Alyorneku,…

Open Startup, a non-profit organization committed to nurturing innovation and entrepreneurial skills, has announced the launch of the second edition of its GROW program, a comprehensive initiative designed to propel promising African startups towards expansion and facilitate their access to capital. As an entity that champions entrepreneurship, education, and intercultural…

Schoolap, an ed-tech platform originating from the Democratic Republic of Congo, is on a mission to revolutionize the educational landscape in Africa. In a significant move to further this mission, Schoolap has recently inaugurated a new branch in Kenya. This marks a pivotal moment for the company as it ventures…

NeoNomad, a South African startup, has unveiled a pioneering web application, Africa’s first hybrid exchange platform, designed to tackle the critical challenges of financial inclusion, elevated transaction costs, and limited access to banking services across the continent. The innovative NeoNomad app introduces the ZARcoin (ZARC), a South African stablecoin that…

The third edition of the Irish Tech Challenge South Africa has selected seven promising South African tech startups for a program designed to create synergistic relationships between South African entrepreneurs and Ireland’s renowned technological expertise, capitalizing on Ireland’s status as a global tech hub. The annual Irish Tech Challenge is…

South African entrepreneurs are encouraged to apply for the upcoming intake of the SAB Foundation’s Tholoana Enterprise Programme. This initiative targets small business owners with significant growth potential who are dedicated to advancing both their personal development and business success. Since its inception in 2015, the Tholoana Enterprise Programme has…

In a notable shift within the executive ranks of MTN’s MoMo Payment Service Bank (PSB), Eli Hini, the CEO, and Elsa Muzzolini, the Chief Commercial Officer, have both departed from the fintech company. Elsa Muzzolini has since embarked on a new journey as the CEO of M-PESA Ethiopia, a mobile…

The Africa’s Business Heroes (ABH) initiative, now in its fifth year, has announced the selection of fifty promising entrepreneurs from across the African continent as finalists. Supported by the philanthropic efforts of the Jack Ma Foundation and Alibaba Philanthropy, the ABH competition is dedicated to recognizing and nurturing the continent’s…

dLocal, a payment platform originating from Uruguay that specializes in cross-border transactions, has formed a strategic alliance with iTransfer, a company focused on money remittance services. This partnership aims to tackle the complexities and challenges, such as currency volatility, that are often encountered with cross-border payments in emerging economies. The…

Egyptian consumer credit fintech company Lucky ONE has successfully secured $3 million through a convertible bond funding round, with the strategic goal of expanding its credit platform and paving the way for its entry into new markets within the region over the forthcoming two-year period. The investment round garnered support…

Maliyo Games has officially announced the commencement of the fourth iteration of GameUp Africa, an educational initiative designed to nurture and equip budding game development talent with the essential tools and knowledge to flourish within the competitive international gaming industry. Inaugurated in 2021, GameUp Africa is a comprehensive training program…

Nigerian startups are being called to participate in the third installment of the Grooming Endowment Trust (GET) accelerator program, an initiative aimed at nurturing innovation and stimulating economic progress within Nigeria’s startup landscape. Organized by Kick-off Africa, the upcoming GET program is set to build upon the achievements of its…

Jumia’s CEO, Francis Dufay, is taking further steps to streamline operations, as revealed in the company’s recent earnings call. The e-commerce giant is transitioning to an asset-light model for its delivery services, with plans to set up new leased warehouses in Egypt and Ivory Coast, moving away from the model…

Meta has rolled out two innovative monetization tools designed to enable eligible content creators in Kenya to generate revenue. Starting from today, August 6, 2024, Kenyan creators can take advantage of in-stream ads and Facebook ads on reels, which can be integrated before, during, or after their video content, whether…

The Central Bank of Nigeria (CBN) has officially sanctioned the merger of Providus Bank and Unity Bank, a strategic move aimed at fortifying the Nigerian financial landscape. The announcement, made via the platform formerly known as Twitter, comes after Providus Bank’s earlier initiative to secure a significant shareholding in Unity…

Mobius Motors, the Kenyan car manufacturer known for its affordable SUVs, has opted for voluntary liquidation, a decision coming just over a year after the company announced ambitious plans to expand its manufacturing footprint into Tanzania and Uganda. The company made its foray into the Kenyan automotive market in 2013,…

Kenya has given the green light to a substantial $907 million project proposal from Adani Energy Solutions, the power distribution subsidiary of the Indian conglomerate Adani Group. The project involves the construction of transmission lines and substations in the Eastern and Western regions of Kenya. Adani Energy Solutions, which boasts…

Sendsprint, an emergent cross-border payments startup with operations spanning the UK, Ghana, Kenya, South Africa, and Nigeria, has recently acquired Nobel Financial Inc., a remittance company based in the United States. While the financial terms of the deal remain confidential, this strategic move positions Sendsprint to extend its money transfer…