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Israel lessons on how to fund profitable start-ups

An Israeli diplomat has advised Kenya to provide seed capital to startups to ignite a culture of innovation. Speaking in Nairobi, Israel Embassy head of economic mission, Arnon Abel said Kenya must generate internal funds that startups can draw from in order to thrive. “In the nineties, the Israeli government …

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TANOE hosts the Effective Financial Management for Startup & Small Businesses Workshop

Mental fortitude is essential for entrepreneurship and it is for this reason that Wednesdays for Entrepreneurs in Ghana will never be the same again. Being the day for the TANOE Workshops, Entrepreneurs get the opportunity to build their knowledge in several sectors, enhance their capacities and position them for massive …

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Ryanair buys Malta Air startup to target African markets

(MENAFN – AFP) Irish no-frills airline Ryanair said Tuesday that it will buy Maltese startup Malta Air, forming a new division that reaches more markets in North Africa from the Mediterranean island. “Ryanair Holdings … today announced it has agreed to purchase Malta Air,” the Dublin-based company said in a …

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Kenyan logistics startup MPost raises pre-Series A funding

Kenyan startup MPost, which has developed patented technology that enables users to transform their phone into a unique mobile postal address and mobile postal box, has raised an undisclosed round of pre-Series A funding from Cape Town-based VC firm HAVAÍC. Founded in 2015 by Abdulaziz Omar and Twahir Mohamed, MPost has developed …

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UK Department of International Trade to join SA winners at London Tech Week

The UK’s Department of International Trade has announced that it will accompany two Africa Tech Week winners to attend London Tech Week which kicks off today and runs until Friday (14 June). The delegation includes Digital Kungfu CEO Matt Brown and Nkgwete IT Solutions managing director Sidikka Osman (pictured above). Brown received the Best Technology Startup award, while Osman was …

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