Category Archives: Regular

MEST Africa and Microsoft Announce 2019 Pan-African Tech Summit in Nairobi

MEST Africa, the Pan-African entrepreneurial training program, seed fund andincubator, has officially announced its fourth annual MEST Africa Summit, in collaboration with Microsoft. The 3-day event will take place in Nairobi, Kenya from June 10 – 12, 2019, at the Radisson Blu Hotel as well as the home of

Southern Nigerian angel network makes first investments

Nigeria’s South/South-East (SSE) Angel Network has made its first two investments since launching in the middle of last year. Disrupt Africa reported in June on the launch of the SSE Angel Network, aimed at boosting investment and mentoring opportunities for startups in the South-South and South-East regions

Expert team plots global expansion for SA startup FlexClub

A product focused on the gig economy, a team steeped in expertise in the taxi-hailing space, and now US$1.2 million in seed funding. South African startup FlexClub seems set for significant growth. Formed in November of last year, FlexClub is a managed marketplace that simplifies investing in

Techpreneurship training programme Semicolon launches in Lagos

Lagos-based tech training and innovation hub Semicolon has accepted the first cohort of individuals into its intensive one-year programme, which looks to develop software developers and get them building innovative solutions. Semicolon aims to provide Nigerian software engineers with unique learning and hands-on project experience, with

Applications now open for Orange Social Venture Prize in Africa

Applications have opened for the ninth edition of the annual Orange Social Venture Prize in Africa and the Middle East, which rewards innovative projects that improve people’s living conditions. Applications are open until May 30, with Orange looking for tech-based social projects in fields such as education, healthcare,

Kenya’s Finplus expands SaaS banking platform to SA

Kenyan startup Finplus, which develops software that helps financial service providers reach more customers in a cheaper manner, has opened an office in Johannesburg to lead its expansion into the Southern Africa market. Founded in March 2017 by Kageni Wilson and Bernard Banta, Finplus provides fully-managed software

Seedstars to launch $100m venture fund for African tech startups

Seedstars has partnered the Paris-based VC firm First Growth Ventures to launch a US$100 million venture fund for Sub-Saharan African tech startups. The sixth annual Seedstars World event took place in Lausanne, Switzerland, last week, with more than 65 finalists – 21 of them from Africa – from across

AfricInvest, Cathay Capital launch $169m African venture fund

Private equity firms AfricInvest and Cathay Capital have partnered to launch a EUR150 million (US$169 million) pan-African venture fund. AfricInvest is one of the leading private equity and VC firms in Africa, with US$1.5 billion of assets under management and 18 PE funds, while Cathay Capital is an