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What the launch of BebaBeba could mean for Kenya’s taxi industry
Over the years, the surge in the number of taxi-hailing companies in Kenya has been tremendous, and so has the competition in the taxi industry as a whole. BebaBeba will now compete in a market already saturated and controlled by taxi-hailing giants, Uber, Taxify and Safaricom Little cab.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Africa’s fintech startups are innovating out of need and global investors are backing them
After pulling in almost a third of total funding raised by startups on the continent in 2017, the hot streak for African fintech businesses has continued this year. Among recent big-ticket deals in 2018, Cellulant, a digital payments solution company, raised $47.5 million in one of the largest Series C rounds for a solely Africa-focused venture-funded company.
- Categories
- Inclusive Fintech
- Region
- Sub-Saharan Africa
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For Agritech, Digital Health Startups, Enormous Opportunities In Africa and India
Startups around the world should begin looking more seriously at emerging markets for their growth plans. This isn’t just about impact and making the world a better place, this makes really good business sense.
- Categories
- Agriculture, Technology
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Sisu Global Health raises $1.2 million, launches Hemafuse sales
Hemafuse is the first product to be launched from the company’s portfolio. With the device, Sisu is looking to address a 50 percent shortage of blood needed to perform surgery in Africa.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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Queen Rania Foundation launches education entrepreneurship award
The Award includes a grant worth $200,000, which will be given to the top three start-ups, allowing the winners to accelerate the growth plans of their businesses.
- Categories
- Education, Entrepreneurship
- Region
- North Africa & Near East
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With a $10 million round, Nigeria’s Paga plans global expansion
The company is planning to release its payments product in Ethiopia, Mexico, and the Philippines— CEO Tayo Oviosu told TechCrunch at Disrupt San Francisco.
- Categories
- Inclusive Fintech
- Region
- Sub-Saharan Africa
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Tanzania’s Nala wins Ecobank Fintech Challenge
After being named overall winner of the annual challenge, which is run annually by Ecobank and was last year won by Nigerian fintech startup IroFit, Nala walks away with US$10,000 in prize money.
- Categories
- Inclusive Fintech
- Region
- Sub-Saharan Africa
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Press release: Tulaa is winner of the MIT Zambezi Prize for Innovation in Financial Inclusion
"Being awarded this prestigious prize is wonderful recognition of our team's efforts to use innovative technology to unlock the potential in rural markets in Africa, " said Hillary Miller-Wise, Founder and CEO of Tulaa. "We are humbled to have been selected from a cohort of exciting and innovative startups on the continent."
- Source
- Press release
- Categories
- Inclusive Fintech
- Region
- Sub-Saharan Africa
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