Thursday, July 29, 2021

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Top Vacation Home Rentals in Africa, 2021

Vacation home rentals are fastly becoming the thing for family travelers, weekend getaways, and even events all around the globe. The serenading...

STARTUP GIST

Egypt’s MaxAB closes $40 million Series A to expand its inventory delivery platform

MaxAB, a Cairo-based startup that helps small retailers in the country procure inventory for their stores, on Monday announced that it has...

Startup “Unicorns” Help Mobile Money Soar in Africa

A recent GSMA report reveals that there are 1.2 billion registered global mobile money accounts. 560-million of these registered accounts are in Africa. The...

Kenyan foodtech startup Kune raises $1M pre-seed for its ready-to-eat meals service

While there has been a wave of innovation in food tech worldwide, it’s still in early days for Africa. There are only a...

Cape Town Tech Startup Secures $14.5-Million More in Funding

Cape Town-founded mobility tech startup WhereIsMyTransport has secured a total of $14.5-million during a Series A extension round to continue its expansion. This is...

Cairo-based furniture marketplace, Homzmart, closes $15 million Series A

Homzmart, an Egyptian-based marketplace startup, has secured $15 million in its Series A investment round, TechCrunch reports. In February 2020, the...

Nigerian startups could bag more government ICT contracts with new policy

Nigeria’s President, Muhammadu Buhari, has launched a policy that may see Nigerian startups enjoy more government ICT contracts. On...

News

This US-based early-stage fund wants to invest $5m in African startups

In the first half of this year, investments in African startups have risen back to pre-covid levels. While there’s more excitement about...

South Africa’s Yoco raises $83m to extend digital payments to 1 million SMEs

South African payments and software platform, Yoco, has secured $83 million in Series C funding, bringing the total funds raised to date...

Ecobank and Microsoft want to prepare more African SMEs to be digital businesses

In Africa, two things are expediting the adoption of online business models; the covid-19 effect and the mobile phone penetration. 

People

Instagram Founder could become New TikTok CEO

TikTok is reportedly talking to founder and former CEO of Instagram, Kevin Systrom. This comes after Kevin Mayer resigned from his position as...
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COVID19 Statistics

Global Numbers
196,905,488
Total confirmed cases
Updated on July 29, 2021 2:05 pm

OVEN FRESH

This US-based early-stage fund wants to invest $5m in African startups

In the first half of this year, investments in African startups have risen back to pre-covid levels. While there’s more excitement about...

South Africa’s Yoco raises $83m to extend digital payments to 1 million SMEs

South African payments and software platform, Yoco, has secured $83 million in Series C funding, bringing the total funds raised to date...

Ecobank and Microsoft want to prepare more African SMEs to be digital businesses

In Africa, two things are expediting the adoption of online business models; the covid-19 effect and the mobile phone penetration. 

The Top African Regions Set to Become Startup and Investment Hubs

On the back of Cape Town being recognised as the tech capital of Africa, topping international rankings for foreign direct investment strategy, Ian Lessem,...

Latest

This US-based early-stage fund wants to invest $5m in African startups

In the first half of this year, investments in African startups have risen back to pre-covid levels. While there’s more excitement about...

South Africa’s Yoco raises $83m to extend digital payments to 1 million SMEs

South African payments and software platform, Yoco, has secured $83 million in Series C funding, bringing the total funds raised to date...

Ecobank and Microsoft want to prepare more African SMEs to be digital businesses

In Africa, two things are expediting the adoption of online business models; the covid-19 effect and the mobile phone penetration. 

INDUSTRY NEWS

Uber Expands Ride-Hailing Service in Kenya

Uber has expanded its ride-hailing service and online food delivery business to Nakuru, Kenya. According to Business Daily, this move...

Jumia raises $348.6 million as it completes sale of secondary shares

Last week, we reported that the ecommerce company, Jumia, was looking to raise around $400 million in a secondary share offer. The secondary offering was announced...

Jumia plans to raise millions by selling 18 million shares

Africa-focused eCommerce company, Jumia, is looking to raise millions of dollars from investors by selling 9 million American depositary shares (ADS) and...

YC-backed Termii raises $1.4m seed round to expand to North Africa

Nigerian-founded Communication Platform as a Service (CPaaS) startup, Termii has raised $1.4m seed round from African early-stage VC firm, Future Africa and  Africa-focused Japanese...

DON'T MISS

This US-based early-stage fund wants to invest $5m in African startups

In the first half of this year, investments in African startups have risen back to pre-covid levels. While there’s more excitement about...

South Africa’s Yoco raises $83m to extend digital payments to 1 million SMEs

South African payments and software platform, Yoco, has secured $83 million in Series C funding, bringing the total funds raised to date...

Ecobank and Microsoft want to prepare more African SMEs to be digital businesses

In Africa, two things are expediting the adoption of online business models; the covid-19 effect and the mobile phone penetration. 

The Top African Regions Set to Become Startup and Investment Hubs

On the back of Cape Town being recognised as the tech capital of Africa, topping international rankings for foreign direct investment strategy, Ian Lessem,...

AWARDS

AFRICA INFLUENCER AWARDS, 2021 The Tech Times Africa Influencer Award is Africa’s largest and most prestigious accolades for the...

LATEST ARTICLES

This US-based early-stage fund wants to invest $5m in African startups

In the first half of this year, investments in African startups have risen back to pre-covid levels. While there’s more excitement about...

South Africa’s Yoco raises $83m to extend digital payments to 1 million SMEs

South African payments and software platform, Yoco, has secured $83 million in Series C funding, bringing the total funds raised to date...

Ecobank and Microsoft want to prepare more African SMEs to be digital businesses

In Africa, two things are expediting the adoption of online business models; the covid-19 effect and the mobile phone penetration. 

The Top African Regions Set to Become Startup and Investment Hubs

On the back of Cape Town being recognised as the tech capital of Africa, topping international rankings for foreign direct investment strategy, Ian Lessem,...

Nigerians Spend $16.9-Billion Annually on Power Generation, According to Expert

Nigerians and their businesses spend about N7-trillion ($16.9-billion) annually on power generation, says Stephen Ogboko, a renewable energy expert, executive director and...

One of Nigeria’s high profile angel investors is launching a fund for African startups

Olumide Soyombo of Piggyvest and Paystack fame is starting Voltron Capital seven years after investing on his own. Olumide...

Top Vacation Home Rentals in Africa, 2021

Vacation home rentals are fastly becoming the thing for family travelers, weekend getaways, and even events all around the globe. The serenading...

Twitter is Testing Tweet Upvote & Downvote Buttons

Ubiquitous social media network Twitter is currently testing Reddit-like upvote and downvote buttons in efforts to highlight replies in long tweet threads...

South Africa to Produce Over 100 Million Pfizer Vaccines A Year

Pharmaceutical heavyweights Pfizer and BioNTech have agreed to partner with South Africa’s Biovac Institute to produce their COVID-19 vaccines at a facility...

Jeff Bezos Successfully Reaches the Edge of Space

Amazon, Blue Origin founder and richest man in the world, Jeff Bezos, blasted off towards the edge of space in his own...

Most Popular

This US-based early-stage fund wants to invest $5m in African startups

In the first half of this year, investments in African startups have risen back to pre-covid levels. While there’s more excitement about...

South Africa’s Yoco raises $83m to extend digital payments to 1 million SMEs

South African payments and software platform, Yoco, has secured $83 million in Series C funding, bringing the total funds raised to date...

Ecobank and Microsoft want to prepare more African SMEs to be digital businesses

In Africa, two things are expediting the adoption of online business models; the covid-19 effect and the mobile phone penetration. 

The Top African Regions Set to Become Startup and Investment Hubs

On the back of Cape Town being recognised as the tech capital of Africa, topping international rankings for foreign direct investment strategy, Ian Lessem,...

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