Browsing: African Start ups

African startups

Africa has today emerged as a fertile ground for groundbreaking startups. As 2024 approaches, the continent’s startup scene is buzzing with activity, marked by impressive funding rounds and strategic expansions. This trend is a fleeting moment and a testament to African entrepreneurship’s resilient and dynamic spirit.

The Exchange Africa spotlights five startups thriving and redefining the business landscape in their respective sectors. From renewable energy solutions in the Democratic Republic of Congo to digital health platforms in Kenya, these companies embody the ingenuity and potential of Africa’s business ecosystem. They attract significant investment and are poised to substantially impact their communities.…

ThankUCash founders. The company has raised $5.3 million to drive its expansion to new markets and launch new products.

Backed up by the capital firm YC, Jabu Technologies has raised $3.2 million in seed funding to invest in its B2B e-commerce and retail operations.
Afore Capital spearheads the seed round with Y Combinator, Quiet Capital, FJ Labs, Pareto Capital, Kli Capital, and angel investors.
The chief executive of JABU, David Akinin, founded the company in 2020 to revamp the poor and almost non-existent distribution network and supply chain in Namibia.…

Google has committed US$6 million to support African startups as well as underserved communities on the continent.

In a statement, Nitin Gajria, Managing Director for Google Africa, and Rowan Barnett the Head of EMEA said the funding will go towards programs that will reaffirm its commitment to Africa.

The programs include a $3 million USD Black Founders Fund for African startups and a $3 million USD grant to help low-income communities develop entrepreneurial skills and funding.

The funding is expected to help African founders grow their businesses not only by providing capital but also by providing access to the best of Google resources.

At the same time, Google has also invited 15 companies from across the continent to the sixth class of the Google for Startups Accelerator: Africa program

Startup Fund

The Google for Startups Black Founders Fund Africa provides grants and technical assistance to early-stage startups led …

Over Sh600, 000 is up for grabs in the new Makueni Innovation Challenge 2021 that is seeking ideas that will bring economic recovery amidst Covid-19.

The challenge targets all youths across the country, individual, groups or institutions aged between 18-35 years with ideas that fall into the thematic area of Agriculture, Health and Trade.

The challenge has been organized by Makueni County in collaboration with other partners that include Association of Countrywide Innovation Hubs, Communication Authority of Kenya, Africa118, Africaistalking, Decoded and Liquid Telkom.

Makueni County Governor Kivutha Kibwana says the aim of the challenge is to catalyze the growth of startups, so as to amplify and consolidate the gains of the country’s digital innovative ecosystem.

Also Read: Innovation Africa: Defining technological change on the continent

“Youths must grasp the opportunities available at their disposal, and utilize them to enhance their skills to become entrepreneurs, employable and problem solvers in …