Tech in Africa

𝗔𝗳𝗿𝗶𝗰𝗮’𝘀 𝗥𝗲𝗮𝗹 𝗘𝘀𝘁𝗮𝘁𝗲 𝗧𝗿𝗮𝗻𝘀𝗳𝗼𝗿𝗺𝗮𝘁𝗶𝗼𝗻! 🚨🏗️🏘️ 👋 PropertyRender.com is leading the PropTech revolution! 🌍 Focused on African markets 🏢 Delivering innovative solutions for real estate marketing and development 🚀 𝗞𝗲𝘆 𝗳𝗲𝗮𝘁𝘂𝗿𝗲𝘀: 🖼️ 3D Visualization Tools — enabling developers to showcase realistic projects before construction 📊 AI-Driven Analytics — predicting market trends and buyer preferences 🎮 Virtual Tours (CORE VR) — allowing remote property exploration 💥 𝗔𝗳𝗳𝗼𝗿𝗱𝗮𝗯𝗹𝗲 𝟯𝗗 𝗥𝗲𝗻𝗱𝗲𝗿𝘀: ✅ Boosts buyer engagement ✅ Speeds up decision-making ✅ Shortens sales cycles 🔥 𝗜𝗺𝗽𝗮𝗰𝘁 𝗶𝗻 𝗮𝗰𝘁𝗶𝗼𝗻: 🏗️ Interior 3D Renders for The Bedrock, South Africa 🌍 Accelerating development in Zimbabwe & South Africa 💬 Steven Ungermann: “We are excited to bring cutting-edge PropTech to African property developers. Our goal is to empower them with tools that enhance marketing efforts and optimize sales cycles.” ⚠️ 𝗠𝗮𝗷𝗼𝗿 𝗰𝗵𝗮𝗹𝗹𝗲𝗻𝗴𝗲𝘀: 💸 Access to finance 📜 Land tenure issues 🛣️ Infrastructure deficits 🔑 𝗣𝗿𝗼𝗽𝗧𝗲𝗰𝗵 𝗮𝗱𝘃𝗮𝗻𝘁𝗮𝗴𝗲: ✅ Enhances transparency and efficiency ✅ Streamlines permitting & property registration ✅ Blockchain for secure transactions 🙏 Leran more:(https://lnkd.in/dbWibppj)

𝗔𝗳𝗿𝗶𝗰𝗮’𝘀 𝗦𝘁𝗮𝗿𝘁𝘂𝗽 𝗙𝗶𝗻𝗮𝗻𝗰𝗶𝗻𝗴 𝗖𝗵𝗮𝗹𝗹𝗲𝗻𝗴𝗲𝘀! 🚨 🌍 👋 African startups are facing stricter investment scrutiny than their global counterparts. 💡 Key Challenges 📊 Investors demand more proof of traction, conduct more thorough financial audits, and often overestimate risks in Africa. 💼 Tayo Olowu, a venture capital strategist, highlights: African founders face higher hurdles than those in Silicon Valley, London, India, and Brazil. 🗣️ Quote from Tayo Olowu: “Investment processes in Africa seem more focused on finding reasons not to invest rather than assessing potential.” 💰 Funding Insights 💵 In January 2025, African startups raised $289M across 40 companies. 📉 However, 2024 saw a 25% drop in startup funding, with only $2.2B raised, down from $2.9B in 2023. 🇰🇪🇳🇬🇪🇬🇿🇦 Kenya, Nigeria, Egypt & South Africa lead the continent, securing 84% of funding. 💡 Why is the gap so big? 🔴 Outdated risk perceptions 🔴 Stringent financial scrutiny 🔴 Lack of trust in African markets 💬 Andrew Chen (General Partner, Andreessen Horowitz): “Silicon Valley remains the most dependable place for raising money, providing founder-friendly terms.” 🚀 Support for African Startups ✨ Brandon Solomons stresses the importance of early-stage support for African startups, citing resource limitations as a major barrier to funding. 💡 What can be done? 🌍 African investors must lead by example, demonstrating confidence in local startups to attract international capital. 🔗 Read more here( https://lnkd.in/dW9NNfuG) 🚀 Stay Ahead with TechInAfrica! 🌍💡 Join our WhatsApp Channel for the latest updates on tech, startups, and venture capital across Africa! 🇪🇬🇿🇦🇳🇬🇰🇪 From Cairo to Cape Town, Lagos to Nairobi—we cover all 54 countries! 📰✨ 🔗 Subscribe now: https://lnkd.in/dT6nbjTf 🚀 Be the first to know. Stay informed. Stay ahead!

LoftyInc Capital ecures $43M for LoftyInc Alpha Fund to Boost Africa’s Emerging Tech Startups 🌍💡 LoftyInc Capital Management, a leading pan-African venture capital firm, has successfully closed its LoftyInc Alpha Fund with a $43M first close. This late-seed investment fund aims to support the growth of Africa’s emerging tech startups, focusing on key markets like Nigeria, Egypt, Kenya, and Francophone Africa. 📊 Key Highlights: ✅ $43M secured for the LoftyInc Alpha Fund to invest in emerging African tech startups ✅ Sector-Agnostic Investment Strategy: Focus on health tech, retail, deep tech, and AI ✅ At least 30% of the fund will be allocated to East Africa, North Africa, and Francophone Africa 💡 Diverse Investor Support: The fund has attracted backing from sovereign wealth funds, development finance institutions (DFIs), U.S. family offices, and regional investment organizations. Notable investors include: • Micro, Small, and Medium Enterprises Development Agency (MSMEDA) (Egypt) • Anava Fund of Funds (Tunisia) • Proparco with FISEA, IFC, FMO, AfricaGrow, and DGGF 🔑 LoftyInc Leadership: • Idris Ayodeji Bello, Managing Partner, brings experience from 100+ startups across 25 markets with 14 successful exits • Mariam Kamel and Kevin Simmons bring expertise in investment banking, startup advisory, and operational management 🌍 What’s Next for LoftyInc? With the LoftyInc Alpha Fund, LoftyInc is set to continue its mission of driving innovation and strengthening Africa’s tech ecosystem. This strategic initiative further establishes Africa as a key player in the global technology landscape. 🔗 Learn more (https://lnkd.in/dkF_yCtj) 🚀 Stay Ahead with TechInAfrica! 🌍💡 Join our WhatsApp Channel for the latest updates on tech, startups, and venture capital across Africa! 🇪🇬🇿🇦🇳🇬🇰🇪 From Cairo to Cape Town, Lagos to Nairobi—we cover all 54 countries! 📰✨ 🔗 Subscribe now: https://lnkd.in/dT6nbjTf 🚀 Be the first to know. Stay informed. Stay ahead! #VentureCapital #LoftyInc #AfricaTech #TechStartups #Investment #AI #HealthTech #RetailTech #DeepTech #AfricanInnovation #TechEcosystem #GlobalTech

🚨 Uganda Approves Historic Single SIM Card Policy to Streamline Communication 📱🌍 Uganda has officially approved a groundbreaking Single SIM Card Policy, set to transform communication across all mobile networks in the country. The initiative, aimed at simplifying the use of multiple SIM cards, was unanimously approved during a plenary session led by Deputy Parliamentary Speaker Thomas Tayebwa. 📊 Key Highlights: ✅ Streamlined Communication: Consumers will soon be able to make calls, send texts, and perform transactions seamlessly across various mobile networks. ✅ Improved Accessibility: The policy will enhance network accessibility, reduce connectivity costs, and improve service quality by fostering healthy competition among telecom companies. ✅ Consumer Protection: Subscribers will retain their phone numbers when switching networks or changing geographic locations. 💡 Why It Matters: This initiative, led by Mityana MP Joyce Bagala, will provide convenience for users, including parliamentarians who have previously struggled with carrying multiple phones. Deputy Speaker Tayebwa highlighted the relief this will bring, especially for those frequently traveling internationally. 🚧 Challenges Ahead: While the policy is a significant win, infrastructure upgrades will be necessary for both the government and telecom providers to make this transition seamless. State Minister for ICT, Godfrey Kabbyanga Baluku, acknowledged the challenges of implementation. 📢 What’s Next for Uganda? The Uganda Communications Commission is urged to expedite the implementation, paving the way for improved communication and user convenience across the country. 🙏 Thanks to Tech in Africa for the insights! 🔗 Join our WhatsApp Channel for Instant Updates Learn more :(https://lnkd.in/dhqZ2DGn) Want to stay updated with the latest tech and startup news from Africa? Join our WhatsApp channel for instant updates! (https://lnkd.in/dT6nbjTf) #Uganda #TelecomPolicy #SingleSIMCard #TechInnovation #MobileCommunications #AfricaTech #Startups #DigitalTransformation #ConsumerProtection

I've won over $310K in grants from NPR, Google, Amazon, and more for Chezie. Here's how I did it and how you can win equity-free money for your startup 👇🏾 I developed a framework called CLEAR that has helped me consistently secure grant funding. C - Clarify Your Purpose Create a purpose statement that tells grantors exactly what you'll do with their money. L - Log Common Responses Build a database of commonly asked grant questions (I call these CGQs) and your best answers. Stop reinventing the wheel with each application. A - Apply Strategically No more spray-and-pray approach. Tailor each application for the specific grantor. Only apply for grants where you're the best fit. E - Explore Opportunities Find grant opportunities from databases most founders don't know exist. R - Rinse and Repeat Create a systematic process you can follow consistently. Make grant funding a reliable channel, not a one-off miracle. - - - Want to see exactly how I won these grants? I'm launching my course 'How to Secure Grant Funding for Founders' on March 7. You can watch Module 1 about Clarifying your Purpose for free! Click the Visit my Store button at the top of this post to access the first module. Repost 🔄 and share this with a founder who could use some equity-free funding 🤝🏾

Specialized healthcare investment funds like HealthCap Africa demonstrate a significant edge over their counterparts in the broader specialist healthcare fund category, particularly in terms of financial returns achieved through initial public offerings (IPOs) or mergers and acquisitions (M&A). According to a detailed analysis by McKinsey & Company, these focused healthcare funds consistently outperform, delivering returns on exit that exceed those of non specialist funds by almost 20%. This superior performance is attributed to their deep industry expertise, targeted investment strategies, and ability to capitalize on high-growth opportunities within the healthcare sector, such as innovative biotech firms or advanced medical technology companies. (Source: McKinsey & Company, "Private Equity and Healthcare: Strong Returns in a Resilient Sector," 2023)

I'm interested in connecting with Seed Stage Startups in Africa that have demonstrated notable traction, particularly those navigating challenging circumstances or exploring strategic growth opportunities. Recently, I've seen a significant surge in interest from serious buyers and investors eager to partner with or acquire African startups. This demand presents exciting opportunities for founders to explore strategic partnerships, acquisitions, or exits that can accelerate growth and drive success. If you know any founders who might be interested in discussing potential opportunities, I'd appreciate introductions. All conversations will be treated with confidentiality. Let's connect and explore opportunities for growth. #M&A #Maasai #Africa

🍁🌍 𝗝𝘂𝘀𝘁 𝗿𝗲𝗹𝗲𝗮𝘀𝗲𝗱: 𝗖𝗮𝗻𝗮𝗱𝗮'𝘀 🇨🇦 𝗔𝗳𝗿𝗶𝗰𝗮 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝘆 - 𝗔 𝗣𝗮𝗿𝘁𝗻𝗲𝗿𝘀𝗵𝗶𝗽 𝗳𝗼𝗿 𝗦𝗵𝗮𝗿𝗲𝗱 𝗣𝗿𝗼𝘀𝗽𝗲𝗿𝗶𝘁𝘆 𝗮𝗻𝗱 𝗦𝗲𝗰𝘂𝗿𝗶𝘁𝘆! 𝗞𝗲𝘆 𝗵𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀: 🚢 $𝟭𝟱.𝟭𝗕 merchandise trade (↑30% in 5 years) 🔄 $𝟰.𝟱𝗕 bilateral assistance over 5 years 📈 𝟱𝟮% 𝗶𝗻𝗰𝗿𝗲𝗮𝘀𝗲 in assistance since 2017 👨🏽💼 3 new 𝗱𝗶𝗽𝗹𝗼𝗺𝗮𝘁𝗶𝗰 𝗺𝗶𝘀𝘀𝗶𝗼𝗻𝘀 established 🌍 𝟱𝟰 𝗔𝗳𝗿𝗶𝗰𝗮𝗻 𝗰𝗼𝘂𝗻𝘁𝗿𝗶𝗲𝘀 - largest UN voting bloc 𝟱 𝘀𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝗰 𝗳𝗼𝗰𝘂𝘀 𝗮𝗿𝗲𝗮𝘀: 1️⃣ 𝗗𝗶𝗽𝗹𝗼𝗺𝗮𝘁𝗶𝗰 𝗲𝘅𝗽𝗮𝗻𝘀𝗶𝗼𝗻 - new embassies in 3 countries 2️⃣ 𝗧𝗿𝗮𝗱𝗲 𝗴𝗿𝗼𝘄𝘁𝗵 - new Africa Trade Hub 3️⃣ 𝗬𝗼𝘂𝘁𝗵 𝘀𝘂𝗽𝗽𝗼𝗿𝘁 - 🔑 to future with Africa's 1.3B population 4️⃣ 𝗦𝗲𝗰𝘂𝗿𝗶𝘁𝘆 𝗽𝗮𝗿𝘁𝗻𝗲𝗿𝘀𝗵𝗶𝗽𝘀 - supporting African-led peace operations 5️⃣ 𝗚𝗹𝗼𝗯𝗮𝗹 𝗰𝗼𝗹𝗹𝗮𝗯𝗼𝗿𝗮𝘁𝗶𝗼𝗻 - backing African Union in G20 𝗔𝗳𝗿𝗶𝗰𝗮'𝘀 𝗽𝗼𝘁𝗲𝗻𝘁𝗶𝗮𝗹: 🪨 30% of Earth's critical minerals ☀️ 60% of solar energy capacity 🌱 25% of global biodiversity! Read the full strategy in the attachment. 🔗 #CanadaAfrica #GlobalTrade #Partnership

Failure can be a great teacher! What lessons can we learn from Humane Inc.'s story? For me, I learned that no matter how innovative a product is, it's crucial to validate market demand before launching. What about you?

ORA TECHNOLOGIES Raises $1.9M in Pre-Series A Funding to Transform Morocco’s Digital Landscape 🇲🇦💡 ORA Technologies, a Moroccan super app, has successfully raised $1.9M in its pre-Series A funding round, bringing its total capital raised to $4.4M since its launch in 2023. 📊 Key Highlights: ✅ Funding Amount: $1.9M pre-Series A funding ✅ Total Capital Raised: $4.4M since 2023 ✅ Lead Investors: Witamax & Azur Innovation Fund ✅ Service Focus: Kooul (food delivery) and ORA Cash (digital payment solution) ✅ Expansion: Kooul now operating in 6 cities 💡 ORA Technologies is a super app founded by Omar Alami. The platform integrates peer-to-peer transactions, e-commerce, on-demand services, social networking, and chat functionality, aimed at driving financial and digital inclusion in Morocco. 🌍 Why It Matters: With the $1.9M funding, ORA Technologies plans to scale Kooul, its fast-growing food delivery service, and accelerate the development of ORA Cash, a solution that lets users create an IBAN account in 40 seconds using just their phone number. 🔑 Strategic Vision: The company’s approach supports Morocco’s financial inclusion goals and aligns with the country’s cashless economy aspirations. 📢 Future Outlook: With growing investor confidence, ORA Technologies is poised to reshape Morocco’s digital landscape, enhance financial empowerment, and set new benchmarks for Morocco’s gig economy. 🔗 Read more (https://lnkd.in/e_ZqmYUW) Want to stay updated with the latest tech and startup news from Africa? Join our WhatsApp channel for instant updates!” https://lnkd.in/dT6nbjTf