Prince Boakye Boampong (Founder & CEO, DaSh) : tHE Ghanaian fintech shut down after raising $86.1M in five Years 📸 DASH In 2023, venture capital funding declined significantly across the world, and despite initial hopes that the promise of the African tech ecosystem might mean it avoided too much damage, the growing size of the continent’s “startup graveyard” suggests that this is not the case. As evidence, these 10 well-known startups have shut down in 2023. Sendy: In August, Kenyan end-to-end fulfillment startup Sendy shut down operations and announced a fire sale of assets (it didn’t call it that), with reports saying…
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Jessie Abugre (Co-Founder, Zuputo) Co-founders Jessie Abugre and Nana Adwoa Amponsah-Mensah have launched Zuputo into the African market. Zuputo (which means ‘brain’ in the Gurune language of Ghana’s Frafra people) offers tailored contracts that take the jargon out of legal processes, making them clear, quick, and hassle-free for individuals and businesses across Africa. The company’s range of services include startup launch, navigating compliance, intellectual property protection, contract services, and access to legal experts. Emphasising the company’s mission, Jessie Abugre says:, “We are passionate about dismantling barriers in the legal field. Zuputo is more than a platform; it represents our dedication…
Eme Ugwuegbu is the enterprising Founder of Sahara Sunrise Naturals (makers of natural hair and body care products), whose product lines include shea butter, black soap, salt and sugar Scrubs, lip balms, soaks, and scented candles. Sahara Sunrise is live at the Delights trade fair, taking place in Port Harcourt (Rivers State, Nigeria), and Eme is on hand to serve customers herself. Says Eme: “I know first hand what it feels like when someone thinks you are 20 years younger than you actually are, all because of the look and feel of your skin! We want you to feel the…
Olapeju Umah – Founder & CEO, MyFoodAngels (formerly Mile12 Market Woman) Olapeju Umah is the Founder & CEO of MyFoodAngels (formerly known as Mile12marketwoman) – an agricultural hub which leverages technology with the objective of closing the gap of access to organic farm produce by connecting farmers and consumers. Basically, farmers in the MyFoodAngels network are funded with high yielding seeds, and assured of an offtake of the mature produce, which are directly sold to end-customers who enjoy affordable products for longer shelf life than what is obtainable in the open markets. 🎥 @myfoodangels Says Olapeju: “Over the years, MyFoodAngels…
Co-Founder & CPO at ThankUCash, Simeon Ononobi has just launched the Store Smart suite of solutions, which include: The Store Smart Mini: a retail solution and seats on a mobile phone and records all sales – this has been upgraded to the Store Smart Mini Plus to now have Payment via NFC payments collection and finally; and The Store Smart Max, which comes installed on a POS with Opay, Interswitch, Nomba, Netop or ErrandPay terminals. Simeon Ononobi (Co-Founder & CPO , ThankUCash) Says Simeon: “Whichever you choose works like magic and helps with Inventory management, Stock management and alerts, product…
WeTech, last Saturday, hosted its inaugural Female Founders Conference, whose objective is for founders and investors to get connected, hire talent, and raise funding. 🎥 @wetechofficial/ IG Speakers cut across women who have raised institutional capital, venture investors, emerging founders and tech leaders. At the 2023 event, female founders got to pitch their startups. while investors judged, chose, and presented awards to the winner of a grand prize. Wetech Female Founders Confererence 2023 According to the WeTech team: “Saturday was awesome! 🚀 We poured our hearts into bringing the Female Founders Conference to life, and we’re absolutely thrilled that you…
Nneka Mobisson (co-founder and CEO of mDoc), during an outreach program at the Balogun Market in Lagos, Nigeria. 📸Gates Foundation/Nyancho NwaNri Meet Nneka Mobisson (CEO & co-Founder of mDoc), a Lagos-Nigeria health tech company that connects people to a multi-disciplinary team of providers who have been trained in person-centered care to support them to manage their chronic diseases. Across countries, mDoc is building a geo-coded database of healthcare services – whether it concerns diabetes care, family planning or cancer screening, Nneka is a recent recipient of a Grand Challenges grant from the Gates Foundation for mDoc’s work using artificial intelligence…
📸 FINCA Non-profit microfinance organisation, FINCA International, is calling on African social entrepreneurs who share FINCA’s steadfast commitment to ending global poverty, to apply for the FINCA Ventures Prize. The FINCA Ventures Prize, which awards grants of up to US$70,000 is targeted at entrepreneurs with bold visions, disruptive business models, and new products or technologies that can create meaningful impact for poor and low-income people in developing markets, in the agriculture and health sectors. Grants will be awarded in a total of four categories . Through this competition, FINCA seeks to elevate awareness among donor and investor networks of the…
Siblings, Dr. Sophie Chandauka and Dr. Tinashe Chandauka (Co-Founders, Nandi Life Sciences LLC) Rare disease, oncology and auto-immune biotechnology company, Nandi Life Sciences LLC, was this month voted by investors as #3 in the Top 10 “Most Promising” early stage life science companies at the prestigious Texas Life Science Forum, the leading life science conference in Texas, USA. Nandi is an immuno-oncology biotech working with scientific founders, backed by Texas Medical Center Innovation, and enrolled in the elite Accelerator for Cancer Therapeutics, which is within the same ecosystem as MD Anderson Cancer Center, the number one cancer research center in the US.…
Marking a 20-year relationship: Martin Yeomans (SVP, AVEVA presents a commemorative award to Dr. Ibilola Amao (Founder, Lonadek); In a landmark celebration, Lonadek Global Services (a pioneering woman-owned company that specialises in Engineering Technology, Asset Performance Improvement, and Information Management) is celebrating 20 impactful years of partnership with the AVEVA Group (a British IT consulting giant with 50+ years’ experience in delivering solutions that optimise engineering, operations and performance). This milestone was marked at AVEVA’s London Headquarters, where Dr. Ibiloa Amao (founder, Lonadek) received an award, signed by Casper Herzberg (CEO, AVEVA), and presented by Martin Yeomans (SVP, AVEVA). Lauding…