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The inaugural Global Startup Africa Summit hosted by Wesgro, SA Tourism and the Cape Town International Convention Centre went in search of the key to unlock African innovation on Tuesday 14 June 2022.

Startups have seen better years. Last year, for example. We’ve worked to highlight bits of good news where possible (signs of resilient software revenue growth, indications that valuations can partially recover and that a good number of startups have oodles of cash on hand), but today we are working in the opposite direction.

The e-commerce market in Egypt is expected to grow 30% to $7.5 billion this year, spurred by a growing number of younger shoppers and rising incomes.

Nigeria’s Co-Creation Hub (CcHub) has launched the Circular Plastic Economy Innovation Hub (CPIEHub) in an effort to foster the culture of innovation, in universities, in the circular plastic economy sector.

Moroccan retail-tech startup WafR, which helps retail brands to deliver promotions to grocers, has closed a seed round worth US$1.075 million as it bids to expand its operations and grow its team.

Egyptian startup DXwand, an omnichannel conversational AI and digital assistant tool, has closed a pre-Series A funding round of US$1 million to expand across the region and accelerate its AI research.

Nigerian startup Losode is an online marketplace that connects consumers with fashion businesses, empowering entrepreneurs with business growth tools that make it easier for them to scale their businesses and maximise sale opportunities.

Nigerian fintech startup Klasha announced today (June 7) that it has received a $2.1 million investment as part of a seed round that started last year.

NAIROBI Research into drugs to treat mosquito-borne flaviviruses such as Zika and dengue as well as COVID-19 will benefit from a major funding boost, says a group of international scientists using artificial intelligence to discover new oral antivirals.

In a Goma factory floor, east of DRC, students are busy on their working stations. They are in the 6th year of mechanic studies at the Institute of technology and industry.

The startup or entrepreneurial journey has never been an easy feat. The journey captures moments when a founder has to brainstorm all through the night, engage in a series of personal development programs ...

GoMyCode has raised a US$8 million Series A funding round to drive its expansion plans across Africa and the Middle East.