Category Archives: Regular

Standard Chartered opens eXellerator innovation hub in Kenya

Standard Chartered Bank has opened its Africa eXellerator lab, an innovation hub that will serve as a platform to collaborate with fintech startups, in Nairobi, Kenya. The eXellerator, which joins counterparts located in Singapore, Hong Kong, London and San Francisco, will provide a base for Standard

Nigeria’s Farmcrowdy raises $1m in additional seed funding

Nigerian agri-tech startup Farmcrowdy has raised additional seed funding of US$1 million as it prepares to broaden its offering. Formed in 2016, Farmcrowdy connects small scale farmers across Nigeria with access to finance sourced from individuals and corporates via its online platform, and has so far empowered

12 startups selected for latest Google Launchpad Africa accelerator

Twelve tech startups have been selected to form the third cohort of the Google Launchpad Africa accelerator, which assists startups in leveraging Google’s technologies and people to scale their businesses. Formed six years ago, Launchpad connects startups from around the world with Google staff, networks, methodologies, and

Ugandan e-commerce startup Xente expands to Nigeria

Ugandan startup Xente, which allows customers from all over the world to buy products from Ugandan merchants and pay in installments with cards or mobile money, has expanded to Nigeria. Mobile payments and shopping app Xente enables consumers and African businesses to transact efficiently and safely on any

Nigeria’s Paylater rebrands in shift to digital financial services platform

Nigeria’s Paylater rebrands in a shift to digital financial services platform OneFi is on an expansion push after raising US$5 million in debt funding last month, and recently boosted its financial services offering with the acquisition of Nigerian payments startup Amplify. It has followed that up by rebranding Paylater as Carbon to reflects the

Streetwear marketplace Bump raises $7.5M

Bump, the Y Combinator-backed marketplace for streetwear, is announcing that it has raised $7.5 million in Series A funding. Bump’s  Jack Ryder told me that even before starting the company, he and his co-founder Sam Howarth were active in buying and selling streetwear and sneakers — but

T-Mobile officially unveils its home TV service, TVision Home

T-Mobile today officially unveiled its forthcoming home TV service, which will now be known as TVision Home. The service is the rebranding of Layer3 TV, a company T-Mobile acquired in 2017 to launch what it said would be a “disruptive new TV service” the following year. That launch, of course, had been

Amazon acquires autonomous warehouse robotics startup Canvas Technology

Amazon  has acquired Boulder, Colo.-based warehouse robotics startup Canvas Technology, TechCrunch has learned. The deal makes a lot of sense from the outside, adding another important piece to Amazon Robotics’ growing portfolio of fulfillment center machines. Amazon confirmed the acquisition with TechCrunch. “We are inspired by Canvas

9 African entrepreneurs selected for Westerwelle Young Founders Programme

Nine African startup founders have been selected to take part in the Westerwelle Young Founders Programme, offering them access to mentorship and networking opportunities. The Westerwelle Young Founders Programme, run by the Berlin-based Westerwelle Foundation, is a fully-funded six-month programme for outstanding young entrepreneurs from emerging

Technology Logistics Company Kobo360 Officially Launches In Ghana

Kobo360, one of the fastest growing technology companies in Africa focused on the logistics/ supply chain framework officially launched today in Ghana. The company recently launched in Togo and is hoping to launch in other West African countries in the interim.  Kobo360 has been in