Category: <span>Startups</span>

The online ecosystem its a land grab as it gives a plenty of opportunities to entrepreneurs who are willing to challenge and change the status quo, in order to realise their dreams. The newly launched food delivery app MyChef, is planning to disrupt the online food delivery market. Their intention is clear and laser focus...

Rapper and businessman Will.I.am is venturing into personal protective equipment (PPE) not only that, he made them high-tech and over the top. According to CNN Business, The Black Eyed Peas member announced this week he is teaming up with Honeywell to launch XUPERMASK, a $299 mask with a ton of bells and whistles. In addition...

The proliferation of fintech services across Africa remains in full swing as investors remain bullish about the opportunities that abound in the sector. Today we behold another unicorn: African payments company Flutterwave announced that it has closed $170 million, valuing the company over $1 billion. New York-based private investment firm Avenir Growth Capital and U.S. hedge fund and investment firm Tiger Global led the...

On the 25th of January, Techstars Seattle announced its 12th class, featuring 10 startups from different parts of the world. The accelerator, which has accepted only a handful of African startups, included one from Zimbabwe in this class. AfriBlocks is a global pan-African marketplace of vetted African freelance professionals. The startup was founded by Tongayi Choto and Roger Roman in July 2020 and...

Self-driving sensor startup Aeva Inc, founded by two Apple Inc alumni, has hired another former Apple executive to oversee manufacturing and supply chain operations ahead of an expected deal to become a public company later this month. Aeva, founded by former Apple engineers Soroush Salehian and Mina Rezk, makes a lidar sensor that helps cars...

JSE-listed Imperial Logistics announced on Tuesday that it has bought South African e-commerce logistics specialist Parcelninja. Terms of the deal were not disclosed. Imperial revealed details of the acquisition in its interim results for the six months ended 31 December 2020, in which it reported a 15% increase in revenue to R26.4-billion. Subscribe for full...

Sibusiso Leope/DJ Sbu’s energy drink Mofaya has released their first tv advertisement since the company started six years ago with his business partners. The commercial features DJ Sbu, the co-founder of the beverage energy company as one of the cast members. He’s also the one who narrated the ad in the Zulu language. The lead...

Johannesburg: Although investment activity was subdued across the board in 2020, it was an extraordinary deal making year for South African venture capital firm, Empowerment Capital Investment Partners (Pty) Ltd. The company had its most active year yet, aggressively and proactively executing investments in South Africa’s up-and-coming entrepreneurs. Empowerment Capital and its investment funds – Andzani...

Forward-thinking innovations in Africa are what keeps the continent ahead of the game in leading the future for us all. Thanks to entrepreneur Feleg Tsegaye, Africa’s momentum in the food space is seeing an uptick after launching Deliver Addis, Ethiopia’s first online restaurant delivery company, Face2Face Africa reports. Tsegaye — who was born to exiled Ethiopian parents in...

Apple iPhone maker Foxconn has signed a deal with Chinese electric carmaker Byton to help produce its first vehicle that’s according to CNBC. The move marks a big push by Foxconn into auto manufacturing as it tries to diversify its business beyond just assembling consumer electric products. Foxconn, which trades as Hon Hai Precision Industry Co. in...