Startup News: Sub-Saharan Africa
- 26.09.2022
- English
- While studying applied sciences at the University of Toronto, Olubanjo became increasingly concerned about the electricity situation in Nigeria. Two years after earning his master's degree, Olubanjo decided to return to Nigeria. He founded Reeddi, a company that delivers portable energy via compact capsules.
- 26.09.2022
- English
- Investment in African tech startups focused on mitigating climate change is starting to rise, following a global trend - albeit at much lower valuations than elsewhere. Several venture capital firms are actively seeking new companies, while others are adding to their war chests to take advantage of existing opportunities.
- 23.09.2022
- English
- Something startups probably won't find out until they partner with a big company: Are they growth promoters or growth retarders? Will working with them enable the team to increase revenue, talent, and technical offerings, or will it stunt growth and prevent them from taking a step forward?
- 22.09.2022
- English
- AkoFresh, the startup behind the innovation, says countries in sub-Saharan Africa can lose more than a third of their harvested food, mostly due to inefficient supply chains. According to AkoFresh, the solar cold storage houses will increase farmers' seasonal income by more than $10 million and reduce greenhouse gas emissions by 15%.
- 19.09.2022
- English
- According to the publication, as of September 2022, there were at least 481 tech startups operating across Nigeria, collectively employing over 19,000 people. Fintech is the most crowded sector, accounting for more than one-third of the country's tech startups. Nearly 50 percent of Nigerian tech startups have gone through some form of incubation.
- 19.09.2022
- English
- ColdHubs Ltd is the winner of the 2022 Roy Family Award for Environmental Partnership, an award presented biennially by the Environment and Natural Resources Program at Harvard Kennedy School's Belfer Center for Science and International Affairs. ColdHubs is a modular, solar-powered, walk-in cold room for 24/7 off-grid food storage.
- 17.09.2022
- English
- The program, officially titled "Job Creation through Incubation and Acceleration Support in Ethiopia," aims to help 56,160 young women and men experiencing poverty access direct employment by creating 100 e-commerce startups and 3,240 small businesses.
- 07.09.2022
- English
- Infibranches API infrastructure acts as a Single Point of Integration (SPOI) to facilitate payments for service providers. This helps solar, energy, and utility providers convert millions of households to solar energy, give people access to clean energy, bring them closer to financial access.
- 01.09.2022
- English
- Nigerian startup Mobile Power has built a power distribution platform "MOPO": a Battery-As-A-Service product. This allows customers to rent lithium-ion batteries with a capacity of 50Wh-1000Wh for a period of 24 hours.
- 30.08.2022
- African energy startups that have developed a new product or service for the decentralised solar energy market in Sub-Saharan Africa can now apply to participate in the Energy Camp in Kigali.
African energy startups that have developed a new product or service for the decentralised solar energy market in Sub-Saharan Africa can now apply to participate in the Energy Camp in Kigali. The Energy Camp from 16-19 October 2022 offers the opportunity to further develop your own business model together with other …
- 27.08.2022
- English
- To be candid, the venture capital funding winter got to Africa the same day it arrived in Silicon Valley. It's just that the market nuances, the good early stages, and the series of enthusiastic narratives about the promise of the African tech ecosystem made it seem like Africa was immune to the funding downturn. The reality, of course, is different.
- 25.08.2022
- English
- Drop Access beat out more than 1,200 applications from 99 countries worldwide. Drop Access (Kenya) has developed the VacciBox, a portable, low-cost solar-powered refrigerator for use in health facilities that lack a reliable cold chain for vaccine storage. The refrigerator uses the technology of the Internet of Things (IoT).
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Startup News
Other regions
Five energy start-ups honored with SET Award
22. September 2022
Adden Energy reports success in solid-state battery development
14. September 2022
US startup wins energy prize for ink used in solar cells
14. September 2022
Lunar Energy receives $300 million for smart home technology
25. August 2022
Six start-ups and scale-ups for CO2 capture to watch
23. August 2022
