Every startup begins with a spark, an idea that can change the game. But turning it into a thriving business? That’s where the rubber meets the road. The road to startup success is paved with sleepless nights, tough decisions, and unexpected hurdles. What differentiates those flying high from those who falter is a well-crafted skill […]
CapWay, a fintech startup founded in 2016 by Sheena Allen, has officially closed its doors. The company aimed to provide financial services to underbanked communities, also known as “banking deserts,” but was ultimately unable to overcome significant funding and regulatory hurdles. In a LinkedIn post, Allen announced the closure, expressing pride in CapWay’s mission but […]
Like everywhere else, startups and businesses in Africa face various challenges when it comes to protecting their ideas and innovations. Without proper legal protections, entrepreneurs risk losing their competitive edge or intellectual property (IP) to competitors. Legal challenges may include weak enforcement of IP laws, complex registration processes, and limited access to legal resources. It […]
Ghana’s leading e-health startup, BIMA, has just secured new funding to boost its growth and reach more underserved communities. BIMA, the first licensed telemedicine provider in Ghana, is changing the game by offering affordable health insurance and digital health services to low-income populations across emerging markets. With over six million users in places like Tanzania, […]
We have good news for the whole of Africa! We want a future where Africa’s farms are thriving. Where they are using innovative technologies to grow food sustainably even while protecting the environment. This vision is one step closer to reality thanks to a new partnership between the African Business Angel Network (ABAN) and Scaling Digital Agriculture Innovations through Start-ups (SAIS).
It is a well-known fact that, today, national economies are in perpetual movement and continuous evolution. Economies are constantly changing and startups are undoubtedly one of the most important driving forces behind this phenomenon. Startups have the great potential to disrupt entire industries, spur innovation, encourage more investments, enhance competition, offer new products and services, […]
The International Finance Corporation (IFC) has pledged up to $25 million to Acumen’s Hardest-to-Reach (H2R) Fund. The $200 million fund aims to deliver clean, affordable energy to underserved regions in Sub-Saharan Africa. It also supports global climate goals. The H2R Fund is divided into three equity tranches: senior, mezzanine, and junior, each worth $60 million. […]
Lendsqr, a leading loan management software provider, has introduced an on-lending initiative aimed at boosting the capacity of Nigerian lenders to extend credit to their customers. This new initiative will set up a N1 billion line of credit, targeting lenders with state moneylender or cooperative licenses, allowing them access to the capital needed for sustainable […]
Andela was founded to bridge the global tech talent gap by unlocking Africa’s potential in software development. Recognizing a global shortage of skilled developers, Andela trains and connects Africa’s top talent with leading companies worldwide. This approach helps businesses find world-class developers while boosting Africa’s growing tech ecosystem. Since its founding, Andela has addressed one […]
In Africa’s rapidly changing tech landscape, dynamic women are leading the way. They are revolutionizing the industry and inspiring others to follow. From groundbreaking innovations to creating opportunities, these women are trailblazers. Their efforts are shaping the future of technology across the continent. Highlighting their contributions is vital for building an inclusive future and tackling […]
