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Nigerian mobility fintech startup Moove has secured $8 million in funding to fuel the expansion of its vehicle fleet in Ghana

New Investments

Nigerian mobility fintech startup Moove has secured $8 million in funding to fuel the expansion of its vehicle fleet in Ghana

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Nigerian mobility fintech startup Moove has secured $8 million in funding to fuel the expansion of its vehicle fleet in Ghana.

The investment will enable Moove to enhance its presence in the Ghanaian market, further revolutionizing the mobility sector and providing accessible and convenient transportation solutions to individuals and businesses. The innovative business model of Moove combines mobility solutions with fintech capabilities, providing affordable and reliable transportation options to individuals and businesses.

 

Leveraging technology and data analytics, Moove aims to bridge the transportation gap and revolutionize the mobility landscape in emerging markets. With the new funding from Absa Corporate and Investment Banking (CIB), Moove plans to expand its vehicle fleet in Ghana, allowing more people to benefit from its efficient and convenient transportation services.

The investment will enable the company to meet the growing demand for mobility solutions in Ghana and enhance its operational capacity to serve a wider customer base.

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From Fields to Smartphones: How Farmerline is Revolutionizing Farming In Africa Through Tech

StartUp Spotlight

From Fields to Smartphones: How Farmerline is Revolutionizing Farming In Africa Through Tech

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In this week’s edition of the startup spotlight, we feature Ghanaian ag-tech startup, Farmerline.

Farmerline is a trailblazing company dedicated to empowering African farmers through innovative technology and sustainable solutions.

Founded in 2013, Farmerline is on a mission to create a world where all farmers have access to vital information, resources, and opportunities, enabling them to improve their livelihoods and build sustainable agricultural practices.

The primary mission of Farmerline is to leverage technology to deliver vital agricultural information and services directly to farmers, particularly in underserved rural communities.

By harnessing the power of mobile technology and data-driven solutions, Farmerline aims to bridge the knowledge and information gap that often hinders farmers from optimizing their productivity and profitability.

Farmerline has developed a user-friendly mobile application that enables farmers to access a wide range of information, including weather forecasts, crop management techniques, market prices, and financial insights.

This application serves as a digital hub for farmers, equipping them with real-time knowledge and enabling them to make informed decisions.

The ag-tech startup has also established a robust data collection and analytics platform, enabling them to gather valuable insights into farmers’ behaviors, needs, and challenges.

This data-driven approach helps identify trends, optimize interventions, and tailor solutions to specific contexts, ultimately driving more significant impact and scalability.

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Oliver Wleh Klark Jr

Oliver Wleh Klark Jr

Oliver Wleh Klark is a Liberian entrepreneur making waves in Africa’s tech Industry and recently emerged as the winner of the prestigious 2023 West African Founder Award at the Global Startup Awards.

With a passion for innovation and a keen eye for opportunity, he has been at the forefront of transforming the technological landscape in West Africa.

Armed with sharp business acumen and a determination to make a difference, he has become a beacon of inspiration for aspiring entrepreneurs and tech enthusiasts across the region.

He is the Founder and CEO of Advanced Converged Technologies LLC (My Watchman), a full-service emergency app with a 24/7 emergency response network and emergency dispatch command centre.
The app is Africa’s first, reliable, easy-to-use SOS / 911 Mobile App with a 24/7 secured emergency dispatch command centre.

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Salma Baghdadi

Salma Baghdadi

Salma Baghdadi is a true visionary and entrepreneur who has made remarkable contributions to the startup ecosystem in Tunisia and beyond.

Her passion for innovation and unwavering dedication have left an indelible mark on the entrepreneurial landscape. Salma’s journey began as an entrepreneur, founding and leading two tech startups in Tunisia and France. Her firsthand experience as a startup founder has provided her with invaluable insights into the challenges and triumphs of building and scaling a business.

As part of Startup Tunisi
a, Salma plays a pivotal role in building bridges between the Tunisian startup ecosystem and international counterparts. Her tireless efforts facilitate knowledge exchange, collaboration, and the creation of meaningful partnerships.

Through her expertise and dedication, she connects Tunisian startups to global resources, networks, and opportunities, propelling them toward international success.
Salma’s profound impact is felt through her involvement in designing programs that address the most urgent challenges faced by local startups. Her commitment extends to managing the Startup Act in Tunisia and collaborating on the implementation of the country’s new legal framework for startups.

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 Ikpeme Neto

Ikpeme Neto

Ikpeme is a Nigerian internal medicine physician and digital health entrepreneur at the forefront of driving innovation and impacting the Nigerian health-tech landscape.

He is the Founder of Wellahealth, a startup building health and financial technology to improve healthcare access and quality across Africa. Wella Health provides affordable and accessible health insurance plans for common illnesses leveraging pharmacies as the point of care.

As the Founder of the health-tech startup, Ikpeme is on a mission to make healthcare financially accessible to low-income communities.
His contributions to the healthcare sector and commitment to leveraging technology for social change have earned him well-deserved recognition and admiration.

Ikpeme Neto’s commitment to societal impact extends beyond business, with his affiliation with PandemicTech, an organization dedicated to supporting innovative solutions for global health challenges, demonstrating his passion for leveraging technology to address critical issues.

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Angela Homsi

Angela Homsi

Angela is an inspiring tech entrepreneur who is making waves in the realm of sustainable development in Africa.

Having worked with renowned organizations such as Siemens and Microsoft, she has honed her digital transformation, innovation, and sustainability skills. Angela’s expertise lies in leveraging technology to address societal challenges and create sustainable solutions.

She is the Founder of Ignite Power, a clean infra-tech company developing, operating, and financing resilient clean energy-based distributed solutions across Africa.
Ignite’s solutions are deeply affordable and environmentally friendly, rolling out nation-scale interventions, leaving no one behind.

Angela is also a member of the team at Seeds of Peace, where she supports the development of youth who are committed to making a difference.
Her passion for technology, sustainability, and social impact makes her a trailblazer driving sustainable change.

Through her work, she inspires entrepreneurs and leaders to harness the power of technology and innovation for the betterment of society.

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Onyekachi Izukanne

Onyekachi Izukanne

Onyekachi is a Nigerian tech entrepreneur with a mission to empower retailers in emerging markets, particularly Africa.

He is the Co-founder and CEO of TradeDepot, a technology-driven platform that connects retailers in emerging markets with consumer goods suppliers.

By leveraging technology, TradeDepot aims to digitize the supply chain, streamline distribution, and empower small retailers to access a wide range of products efficiently.

Onyekachi’s leadership and vision have driven TradeDepot’s growth and impact.

Through the platform, he is addressing the challenges faced by small retailers, such as limited access to credit, inventory management difficulties, and inefficient supply chain processes.

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Did you know that over 525 million people used the internet in Africa in 2019? If current growth trends continue, almost 75% of Africans are expected to come online by 2030.
Visa has announced the 19 African startups selected to participate in the third cohort of its Visa Africa Fintech Accelerator program.
Rita Idehai is a Nigerian geoscientist and social entrepreneur who has dedicated her career to addressing environmental challenges and promoting sustainable development.
Amenli, an Egyptian insurtech startup, has raised $2.3 million in funding to accelerate its growth and enhance its service offerings.
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Doaa Aref

Doaa Aref

Doaa Aref is a trailblazing Egyptian tech entrepreneur and a passionate advocate for women in tech.

She is the Founder and CEO of Chefaa, an e-pharmacy that provides an end-to-end healthcare experience.

Founded in 2017, Chefaa has revolutionized the way people access healthcare in Egypt, making it easier and more convenient for people to get the medications and medical advice they need.

Doaa is also a mentor to many young women entrepreneurs and a strong voice for gender equality in the tech industry.

In addition to her work at Chefaa, she is a member of the World Economic Forum’s Global Shapers Community and a founding member of the Egyptian Women in Tech Association.

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Did you know that over 525 million people used the internet in Africa in 2019? If current growth trends continue, almost 75% of Africans are expected to come online by 2030.
Visa has announced the 19 African startups selected to participate in the third cohort of its Visa Africa Fintech Accelerator program.
Rita Idehai is a Nigerian geoscientist and social entrepreneur who has dedicated her career to addressing environmental challenges and promoting sustainable development.
Amenli, an Egyptian insurtech startup, has raised $2.3 million in funding to accelerate its growth and enhance its service offerings.
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AI company Flapmax launches program to help African startups scale up and raise capital

Key Developments

AI company Flapmax launches program to help African startups scale up and raise capital

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Flapmax, a pan-African technology company, has launched the second edition of its Fast Accelerator Program designed to empower African startups.

The program, which is open to startups from all over the continent, will provide participants with access to mentorship, training, and funding opportunities.

The program will be delivered by a team of experienced entrepreneurs and investors, including Flapmax CEO and Founder, Femi Kuteyi.

Participants will learn how to build and scale their businesses, as well as how to raise capital. They will also have the opportunity to pitch their businesses to a panel of investors at the end of the program.

Founded in 2016, Flapmax is on a mission to empower Africans to achieve their full potential through technology.

Headquartered in Lagos, Nigeria, the company has raised over $10 million in funding from investors such as Y Combinator, 500 Startups, and Golden Gate Ventures.

The launch of the Flapmax Fast Accelerator Program is a significant development for the African startup ecosystem.

The program provides startups with the opportunity to learn from experienced entrepreneurs and investors, as well as to access much-needed investment opportunities.

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