Climate change is a serious issue that is impacting numerous lives globally. Warmer temperatures, sea level rise and extreme weather have already led to damaged property and critical infrastructure. In addition, the well-being and economic sectors, including agriculture, forestry, fisheries, and tourism, have suffered adverse consequences. All these have led

Tech start-ups have varying focuses, with some serving consumers directly and others specializing in providing services for the systems that serve consumers. Port443, a South African cybersecurity company offering such services, recently received undisclosed funding from Iziko2.0 and RMB Ventures. Port443 specializes in security automation and integrations, offering software

Cape-town based Insurtech has decided to spread its roots across continental borders. Root has selected the UK as its next destination for offering digitized insurance services. The company is looking to grow and establish a presence in other parts of the world. The insurtech company  has a team of 50

Obtaining lodging in a school setting can pose challenges, particularly if unfamiliar with the surroundings. DigsConnect has simplified this process by enabling students to find accommodation without the involvement of an agent. Consequently, DigsConnect, a housing start-up has received an undisclosed sum of money from Intaba Capital for its ongoing

Wasoko, an African e-commerce company that delivers goods to retailers, has kicked off operations in Zambia. Zambia is the first southern African country to have its retailers benefit from the same-day order and delivery service for free. Wasoko, formerly Sokowatch, enables informal retailers to order products for free, same-day delivery

UAE-based fintech TWIG has secured a pre-Seed round from Phoenician VC, MMK Capital, Soul Ventures, regional family offices and other angel investors. The exact amount was undisclosed but exceeds $1 million. The startup will use the fresh investment to expand in the region and further develop its savings platform which

The South African health sector has once again shown significant progress as Quro Medical makes the news. The e-health start-up has raised ZAR 25 million (US$1.3 million) in funding from the Mineworkers Investment Company (MIC). With this investment, Quro Medical aims to provide traditional medical aid at a

The issue of climate change has led to a severe global crisis that has resulted in the destruction of nations and the displacement of countless individuals. To this end, the second phase of the GSMA Innovation Fund for Climate Resilience and Adaptation is now underway. The fund supports tech start-ups

Belgium-based Saas startup Deliverect has acquired UAE’s food ordering platform ChatFood, in a move to expand to the MENA region. However, the amount of the acquisition was not disclosed. By combining social, dine-in QR, direct channel ordering, and online food delivery, this acquisition offers the restaurant industry a comprehensive

Gone are the days when businesses would consult a middleman to buy wholesale merchandise from a manufacturer. Thanks to the advent of technology, wholesale businesses are being migrated to the Internet termed e-commerce over the past twenty years. However, the COVID-19 pandemic has accelerated the shift towards e-commerce across the

Egyptian Venture Capital (VC) firm DisrupTech has raised $5 million from Francophone company Proparco to support the growth in Egypt’s fintech sector. The investment will provide seed capital to 28 start-ups offering financial technology services. Launched in 2021, DisrupTech backs early-stage Fintech and Fintech-enabled digital services startups in Egypt.

Egypt-based fintech startup, Balad has secured a seven-figure pre-Seed round led by Egyptian venture capital, Acasia Ventures. Other investors that participated in the round include; Launch Africa, Future Africa, V&R, Magic Fund, First Circle, Sunny Side, and other family offices. The fintech plans to use the investment to

Technology has advanced significantly over the last several decades, notably with the rise of the internet and mobile devices. This has increased in the establishment of Fintech and other tech firms. These tech firms through their innovations produce novel goods and services. Globally, tech startups and the venture capital ecosystem