Startup

Why Investors are Eyeing Rwanda’s Tech Scene

Rwanda's tech scene is buzzing with potential, catching the attention of global investors seeking the next big opportunity. This East African nation, once known primarily for its tragic history, is now making headlines for its rapid technological advancement and investor-friendly policies. But what's driving this surge of interest in Rwanda's digital landscape? From cutting-edge drone…

October 9, 20240Comments

Global News Startup

Can Africa’s Manufacturing Keep Pace with the Global Beauty Industry?

The global beauty industry, valued at over $500 billion, is experiencing rapid growth, with projections indicating continued expansion in the years to come. As global beauty brands race to innovate and meet demand, manufacturing capabilities, particularly in emerging markets like Africa, are under scrutiny. By 2030, business-to-business manufacturing spending in Africa is expected to reach…

September 23, 20240Comments

Startup Women In Tech

Zoho growth in Nigeria

Zoho, a global technology company, has announced a 31% growth in Nigeria in 2023, marking a significant milestone in one of its key African markets. Zoho’s commitment to supporting local businesses through its 55+ apps, available in Naira, has helped companies navigate fluctuating dollar rates. In addition to its growth, Zoho prioritises community initiatives, focusing…

September 22, 20240Comments

Global News Startup

Lionsgate AI collaboration

Lionsgate, the studio behind blockbuster series like The Hunger Games and John Wick, has announced a groundbreaking collaboration with artificial intelligence (AI) company Runway. The deal will allow Runway to train a new AI model on Lionsgate's extensive film and TV archive, potentially reshaping content production. AI Integration in Film Production The partnership aims to…

September 20, 20240Comments

Startup Top Story

Incredible Opportunities for Startups at Africa Tech Festival 2024

The 2024 Africa Tech Festival will take place in Cape Town from 12-14 November, offering startups unparalleled opportunities to grow and thrive. One of the standout events this year is AfricaIgnite, designed to showcase the continent's most innovative startups and connect them with potential investors, partners, and customers. AfricaIgnite: A Platform for Innovation Building on…

September 19, 20240Comments

Startup

A Comprehensive Guide to Securing Startup Funding in Rwanda and Globally

Starting a business in Rwanda presents a unique set of opportunities and challenges. Funding is critical in turning a startup idea into a successful venture. Here's a comprehensive guide to help Rwandan startups access local and global funding sources. 1. Local Funding Options a. Government Grants and Programs The Rwandan government offers various grants and…

June 23, 20240Comments

Startup

Young and Ambitious: How to Create a Successful Tech Startup

Embarking on a tech startup journey is not just about the challenges, but also about the potential for high rewards. It's a landscape that offers immense opportunities for those who are willing to put in the effort, plan meticulously, innovate, and persevere. This comprehensive guide is designed to inspire and guide you on your path…

June 15, 20240Comments

Startup

Maad Logistics Seed Funding

Senegalese logistics platform Maad, dedicated to supporting informal retailers, has successfully raised a substantial $3.2 million in seed funding. This significant financial boost will not only fuel Maad's domestic and international expansion but also pave the way for the introduction of new products, underlining our commitment to continuous innovation and growth. Maad stands out in…

May 24, 20240Comments

Startup

Workjeje

Nigeria's Workjeje is an innovative online platform that connects individuals and companies to quality service providers in their vicinity. It specifically caters to urban dwellers who prioritize quality and convenience. Workjeje, the brainchild of University of Nigeria students Fortune Nwankwo, Collins Onyebuchi, and Ejike Anthony, was born in 2021 out of a shared frustration with…

May 21, 20240Comments

Startup

Flutterwave Security Breach

In a recent security incident, Flutterwave, a leading African fintech company, lost between ₦ $11 billion ($7 million) and ₦ $20 billion ($13.5 million) due to unauthorized transactions. This breach occurred just one month after Flutterwave obtained a court order in February to recover $24 million lost in a previous security breach last October. The…

May 18, 20240Comments

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