Showing posts with category "africa"

Tesla is turning to Mozambique for a key component in its electric car batteries

Tesla is turning to Mozambique for a key component in its electric car batteries in what analysts believe is a first-of-its-kind deal designed to reduce its dependence on China for graphite. Elon Musk’s company signed an agreement last month with Australia’s Syrah Resources, which operates one of the world’s largest graphite mines in the southern […]

January 17, 2022
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africa

Nigerian credit-recovery fintech Bfree secures 1.7 million in a pre-Series A funding round

Credit-recovery fintech Bfree — Bfree, a Nigerian credit management fintech has embarked on global expansion after raising $1.7 million in a pre-Series A round, to tap the opportunities in emerging markets, where digital lending apps have recently sprung up in droves. Funds that participated in the latest round included 4Di Capital, Octerra Capital, VestedWorld, Voltron […]

January 7, 2022
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africa

Nigeria-based logistics company launches HELP, to provide ambulance services with its Uber-like model

Nigeria-based logistics company — The phrase “Uber-like platform for ambulances” reechoed in the room, as HELP, an acronym for Health Emergency Linkage Portal, announced the launch of its GPS based mobile application and emergency healthcare hotline on October 5, 2021. The healthtech and logistics company is on a mission to provide quality health care emergency […]

December 17, 2021
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africa

Nigeria Mobility Startup Shuttlers Raises $1.6M To Expand Across Africa

Nigeria Mobility Startup Shuttlers — Nigeria’s leading tech-enabled scheduled bus sharing (mass transit) company, Shuttlers, today announced a $1.6 million seed round and its plans to scale operations into other cities across Africa. This new investment round was led by VestedWorld, a Chicago and Africa-based investment firm with Interswitch, Rising Tide Africa, Launch Africa, EchoVC, […]

November 17, 2021
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africa

Kenya based E-mobility Startup Opibus raises $7.5m funding round

Kenya based e-mobility startup Opibus has raised US$7.5 million in equity and grant funding to help it scale its operations in electric motorcycle and bus manufacturing. Founded in 2017, Opibus is the leading provider of electric vehicles designed and manufactured locally. Its vision is to create reliable and cost-effective products designed for the pan-African mass […]

November 5, 2021
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africa

Africa Fintech Startup Chipper Cash gets $2Billion Valuation

Africa Fintech Startup Chipper Cash — Chipper Cash, an African cross-border payments company, has raised $150 million in a Series C extension round led by Sam Bankman-Fried’s cryptocurrency exchange platform FTX. The investment comes barely six months after Chipper Cash closed its first Series C round of $100 million, led by SVB Capital, the corporate […]

November 1, 2021
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africa

The African tech firm hoping to power space missions

African tech firm — “Most satellites are simply computers that are tossed out the side of a rocket [that] are tumbling in space,” says Jonathan Lun. Mr Lun and his Cape Town-based company, Hypernova Space Technologies, are keen to give these tumbling satellites a little bit more autonomy. The firm has developed a thruster system […]

October 25, 2021
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africa

Students in Kenya make smart air purifier from bamboo

Students in Kenya – University students in Kenya have developed an indoor purifier and air monitor. They’re hoping that their low-cost invention will allow more families to breathe clean air at home. A cheap solution to what is, at times, an invisible problem. Klind Air is a smart air purifier made of bamboo. It was […]

October 20, 2021
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africa

Google eyes TaskMate global launch after Kenya rollout

Google eyes TaskMate global launch after Kenya rollout – Google has today launched TaskMate in Kenya, a crowdsourcing app that lets people use smartphones to do tasks and get paid, tapping the growing gig economy. The tech giant said it has rolled out the beta version after a year-long experiment in the East African country […]

October 18, 2021
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africa

Senegal rides the Wave of tech success

Senegal rides the Wave of tech success – Until recently, rapidly growing and well-funded African fintechs were mostly found in heavyweight tech countries like Egypt, Kenya, Nigeria and South Africa. The news that Wave, a Senegal-based mobile money provider, raised the biggest ever Series A round in Africa is a sign that things are starting […]

October 14, 2021
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africa

USAID awards $49 Million to Tetra Tech for Biodiversity in West Africa

Afrik21 ~Biodiversity in West Africa~The United States Agency for International Development (USAID) has signed a 4-year contract with the American company Tetra Tech. The $49 million contracts are for capacity building of networks and institutions in West Africa on biodiversity conservation. The United States Agency for International Development (USAID) has chosen Tetra Tech to build […]

August 9, 2021
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africa

Kenyan gamers putting the country on eSports map

Africa Feeds ~Kenyan gamers putting the country on eSports map~ In the last five years, the realm of eSports has transformed the world of gaming. Historically, gamers competed in organized tournaments. One of the first was the 1997 Quake competition, which had 2,000 entrants. Many consider this to be the first eSports tournament, where remote […]

July 30, 2021
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africa