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  • ✇WeeTracker
  • Ghana’s Seevcash Raises USD 333 K From Stellar To Expand Cross-Border Payments
    Ghanaian fintech Seevcash has raised USD 333 K through the Stellar Community Fund (SCF) and affiliated ecosystem programmes, bringing its total support from the Stellar ecosystem across four awards. Founded in 2022 by Dawuda Iddrisu, Charles Owusu and Cosmos Appiah, Seevcash is headquartered in Accra, Ghana, with a US incorporation, and provides low-cost cross-border payments and peer-to-peer money transfers for African diaspora communities. The platform allows users to send and request m
     

Ghana’s Seevcash Raises USD 333 K From Stellar To Expand Cross-Border Payments

3 septembre 2026 à 16:41

Ghanaian fintech Seevcash has raised USD 333 K through the Stellar Community Fund (SCF) and affiliated ecosystem programmes, bringing its total support from the Stellar ecosystem across four awards.

Founded in 2022 by Dawuda Iddrisu, Charles Owusu and Cosmos Appiah, Seevcash is headquartered in Accra, Ghana, with a US incorporation, and provides low-cost cross-border payments and peer-to-peer money transfers for African diaspora communities.

The platform allows users to send and request money and manage funds across borders, using blockchain infrastructure including the Stellar network. The company says it has more than 25,000 users across five countries.

Alongside the funding, Seevcash has launched a Visa card that lets users spend their funds online and in person wherever Visa is accepted, building on its partnership with MoneyGram.

The post Ghana’s Seevcash Raises USD 333 K From Stellar To Expand Cross-Border Payments appeared first on WeeTracker.

  • ✇WeeTracker
  • Nigerian Startups Trade Lenda & AirSmat Secure USD 450 K From Village Capital
    Nigerian startups Trade Lenda and AirSmat have secured a combined USD 450 K investment from Village Capital’s Africa Ecosystem Catalysts Facility, marking the fund’s entry into Nigeria after backing two Ghanaian startups months earlier. Trade Lenda, founded by Adeshina Adewumi, is a digital financial services platform that provides business loans, embedded finance, and Sharia-compliant financing to SMEs and farmers. The company says it has supported more t
     

Nigerian Startups Trade Lenda & AirSmat Secure USD 450 K From Village Capital

3 septembre 2026 à 15:54

Nigerian startups Trade Lenda and AirSmat have secured a combined USD 450 K investment from Village Capital’s Africa Ecosystem Catalysts Facility, marking the fund’s entry into Nigeria after backing two Ghanaian startups months earlier.

Trade Lenda, founded by Adeshina Adewumi, is a digital financial services platform that provides business loans, embedded finance, and Sharia-compliant financing to SMEs and farmers. The company says it has supported more than 260,000 customers across five Nigerian geopolitical zones, with women accounting for 66% of its users.

AirSmat, founded by Soji Sanyaolu, is a climate-tech startup that converts agricultural waste into biochar-based fertiliser, improving soil health while generating carbon-market opportunities for farmers. AirSmat will use the funding to complete and commission a commercial factory and expand production.

Africa Fintech Foundry sourced both investments for Village Capital.

The post Nigerian Startups Trade Lenda & AirSmat Secure USD 450 K From Village Capital appeared first on WeeTracker.

  • ✇WeeTracker
  • Nigerian Startup Pewbeam Secures Funding From Resilience17 To Build AI For Churches
    Pewbeam, a church-technology startup founded by Dára Sobaloju, has secured investment from Resilience17 (R17) to develop its AI-powered platform for church services. Based in Nigeria, Pewbeam is building technology that helps churches manage live services in real time, including automatically surfacing relevant scriptures and presentation slides. The company is also developing AI-powered lyrics and Pewnote, expanding its tools for both service teams and congregants. R17 says
     

Nigerian Startup Pewbeam Secures Funding From Resilience17 To Build AI For Churches

3 septembre 2026 à 15:41

Pewbeam, a church-technology startup founded by Dára Sobaloju, has secured investment from Resilience17 (R17) to develop its AI-powered platform for church services.

Based in Nigeria, Pewbeam is building technology that helps churches manage live services in real time, including automatically surfacing relevant scriptures and presentation slides. The company is also developing AI-powered lyrics and Pewnote, expanding its tools for both service teams and congregants.

R17 says it is backing Pewbeam as part of its focus on African technology startups. The investment comes as Pewbeam looks to deepen its AI capabilities and build technology around the operational and presentation needs of modern church services. 

The post Nigerian Startup Pewbeam Secures Funding From Resilience17 To Build AI For Churches appeared first on WeeTracker.

  • ✇WeeTracker
  • Nigerian Fintech Nomba Raises USD 3 M Debt Facility To Expand Cross-Border Payments
    Nomba, a Nigerian fintech founded in 2016 by Yinka Adewale and Pelumi Aboluwarin, has raised a USD 3 M debt facility from CardinalStone Finance to expand its cross-border payments infrastructure in the Democratic Republic of Congo (DRC). Headquartered in Lagos, Nigeria, Nomba provides payment and banking infrastructure that helps businesses accept payments, manage money and move funds across borders. The facility will provide more USD liquidity through Nomba’s banking relat
     

Nigerian Fintech Nomba Raises USD 3 M Debt Facility To Expand Cross-Border Payments

3 septembre 2026 à 11:12

Nomba, a Nigerian fintech founded in 2016 by Yinka Adewale and Pelumi Aboluwarin, has raised a USD 3 M debt facility from CardinalStone Finance to expand its cross-border payments infrastructure in the Democratic Republic of Congo (DRC).

Headquartered in Lagos, Nigeria, Nomba provides payment and banking infrastructure that helps businesses accept payments, manage money and move funds across borders. The facility will provide more USD liquidity through Nomba’s banking relationships in Hong Kong and Singapore, supporting trade between Central Africa and Asia.

Nomba currently processes over USD 480 M monthly in cross-border payments and is targeting USD 1 B. It plans to raise another USD 20 M–USD 50 M, while looking to expand into Zambia and Uganda next.

The post Nigerian Fintech Nomba Raises USD 3 M Debt Facility To Expand Cross-Border Payments appeared first on WeeTracker.

Women-Led Agribusinesses Across Africa Have Until August 20 to Apply for AGRA-CGIAR Climate Grant

19 août 2026 à 14:18

A new funding window is closing fast for women-led agribusinesses across sub-Saharan Africa working on climate adaptation, with applications for...

The post Women-Led Agribusinesses Across Africa Have Until August 20 to Apply for AGRA-CGIAR Climate Grant appeared first on TechTrends Africa.

  • ✇TechCabal
  • Moroccan proptech Agenz raises $5 million to digitise real estate transactions
    Agenz, a Moroccan proptech startup that digitises real estate transactions, has raised $5 million to support product development and strengthen its investments in artificial intelligence. The funding round saw participation from Breega, a European venture capital firm, Attijariwafa Ventures, and Saviu Ventures, an Africa-focused growth capital fund.  The raise comes three years after Agenz’s $1.3 million pre-Series A financing round as activity in Morocco&aci
     

Moroccan proptech Agenz raises $5 million to digitise real estate transactions

12 juin 2026 à 10:26

Agenz, a Moroccan proptech startup that digitises real estate transactions, has raised $5 million to support product development and strengthen its investments in artificial intelligence.

The funding round saw participation from Breega, a European venture capital firm, Attijariwafa Ventures, and Saviu Ventures, an Africa-focused growth capital fund. 

The raise comes three years after Agenz’s $1.3 million pre-Series A financing round as activity in Morocco’s property market picks up. Residential land transactions surpassed 140,000 in 2023, an increase from 2022, according to a World Bank document, highlighting the opportunity for digital platforms that simplify property transactions for users.

“We believe the future of real estate will be built on the responsible use of data and artificial intelligence,” said Malik Belkeziz, Co-founder and CEO of Agenz. “Our ambition is to leverage technology to create a more transparent, secure and accessible market, while keeping user trust at the centre of everything we do. This funding will allow us to accelerate this vision for the benefit of the entire Moroccan real estate ecosystem.” 

Founded in 2021 by Malik and Badr Belkeziz, Agenz operates an integrated real estate platform that combines property valuation tools, market intelligence, solutions for professional services, and digital transaction solutions.  The fresh capital will also be used to expand the company’s services for individuals, real estate agents, developers, investors and financial institutions, according to the company.

“Agenz has built, in just a few years, the platform the Moroccan real estate sector was missing, bringing together data, tools and transactions into one seamless experience,” said Driss Ibenmansour, Partner at Breega. “We believe this funding will help accelerate an already ongoing transformation of the market.”

The company said it has recorded growth in transaction volumes since launching its transaction platform in 2023, including surpassing 730,000 monthly visits on its Agenz.ma website in May 2026.

  • ✇WeeTracker
  • New Shifts Push South African SMEs From Firefighting To Cautious Growth
    South African small businesses are shifting from a survival mindset to more deliberate, disciplined growth strategies as economic conditions slowly improve, though lingering global uncertainties keep their optimism in check, a report released on Thursday shows. The latest SME Pulse Report by SME funding startup, Lula, found that entrepreneurs are moving beyond short-term crisis management and focusing on operational optimisation after years of navigating power cuts, high inflation and steep
     

New Shifts Push South African SMEs From Firefighting To Cautious Growth

11 juin 2026 à 13:54

South African small businesses are shifting from a survival mindset to more deliberate, disciplined growth strategies as economic conditions slowly improve, though lingering global uncertainties keep their optimism in check, a report released on Thursday shows.

The latest SME Pulse Report by SME funding startup, Lula, found that entrepreneurs are moving beyond short-term crisis management and focusing on operational optimisation after years of navigating power cuts, high inflation and steep interest rates.

“The story of SMEs in 2026 is no longer one of pure survival, but not yet one of full recovery either,” Lula Chief Executive Trevor Gosling said. “What we’re seeing instead is measured optimism. Businesses are becoming more deliberate about where they deploy capital, which opportunities they pursue, and how they protect cash flow.”

The report points to improving affordability for small businesses over the past 12 months, with easing inflation and greater energy stability restoring some predictability after prolonged pressure.

Business confidence has also improved. The RMB/BER Business Confidence Index rose to 47 in the first quarter of 2026, the highest level in nearly five years, building on gains in late 2025. Inflation has moderated from previous highs, and the South African Reserve Bank has begun cutting interest rates, with the prime lending rate at 10.25% by May 2026.

However, the report cautions that conditions remain fragile. Escalating conflict in the Middle East has driven up global oil prices, threatening to push inflation back up and delay or reverse further interest rate relief. Gosling said the external environment has already shifted rapidly since the report’s data was compiled earlier this year.

“SMEs are operating in a market that can change very quickly and often without warning,” he said. “Businesses cannot afford to become complacent.”

The report also noted a shift in how SME owners view funding. Many still rely on personal savings or credit, but there are growing signs that business funding is being seen less as a last resort and more as a strategic tool for growth. Some businesses are now using finance proactively to secure stock ahead of demand or expand operations rather than waiting for cash flow pressure to build.

“The future of SME finance will not simply be about access to capital,” Gosling said. “It will increasingly be about helping businesses make smarter decisions and giving them the confidence to act at the right time.”

South Africa’s SME sector faces a financing gap estimated at more than ZAR 350 B (USD 18 B), according to the OECD. The Lula report suggests businesses that embrace funding as a growth enabler rather than an emergency measure are better positioned to scale.

The report is based on Lula’s internal affordability, funding and operating environment data, alongside broader SME sentiment research conducted with News24.

The post New Shifts Push South African SMEs From Firefighting To Cautious Growth appeared first on WeeTracker.

  • ✇WeeTracker
  • Myka Raises Pre-Seed Round To Expand Insurance Access In Nigeria
    Nigerian insurtech startup Myka has raised an undisclosed pre-seed funding round from investors including Ventures Platform, TLcom, Shola Akinlade, co-founder of Paystack; Ridwan Olalere, founder of LemFi; and Olumide Soyombo, founder of Voltron Capital. Founded in 2025 by serial tech entrepreneur Sim Shagaya, Muritala Ahmed, and Oluwadamilola Okenla, Myka is a licensed digital insurance broker that enables consumers and SMEs to discover, compare, and purchase insurance products from multipl
     

Myka Raises Pre-Seed Round To Expand Insurance Access In Nigeria

10 juin 2026 à 10:19

Nigerian insurtech startup Myka has raised an undisclosed pre-seed funding round from investors including Ventures Platform, TLcom, Shola Akinlade, co-founder of Paystack; Ridwan Olalere, founder of LemFi; and Olumide Soyombo, founder of Voltron Capital.

Founded in 2025 by serial tech entrepreneur Sim Shagaya, Muritala Ahmed, and Oluwadamilola Okenla, Myka is a licensed digital insurance broker that enables consumers and SMEs to discover, compare, and purchase insurance products from multiple providers in real time.

The startup aims to address Nigeria’s low insurance penetration by improving distribution through digital and offline channels that customers already use.

Working with leading underwriters and under the regulatory oversight of Nigeria’s National Insurance Commission (NAICOM), Myka offers coverage across categories, including health, vehicles, mobile phones, homes, and businesses, with a mission to expand access to financial protection at scale.

The post Myka Raises Pre-Seed Round To Expand Insurance Access In Nigeria appeared first on WeeTracker.

  • ✇TechCabal
  • Mauritius’ new AI policy makes ethics mandatory, not optional
    While many African countries race to deploy artificial intelligence, Mauritius has made governance and ethics the starting point of its AI strategy, rather than a problem to solve after the technology is in use. Central to the strategy is the FAIR framework, a set of guidelines that governs how AI systems are designed, deployed, and managed. It sets clear expectations across sectors and applies to the entire AI lifecycle, from design and development to deployment, monitoring, and eventual de
     

Mauritius’ new AI policy makes ethics mandatory, not optional

23 avril 2026 à 12:02

While many African countries race to deploy artificial intelligence, Mauritius has made governance and ethics the starting point of its AI strategy, rather than a problem to solve after the technology is in use.

Central to the strategy is the FAIR framework, a set of guidelines that governs how AI systems are designed, deployed, and managed. It sets clear expectations across sectors and applies to the entire AI lifecycle, from design and development to deployment, monitoring, and eventual decommissioning.

Mauritius’s approach reflects a broader shift in how African countries may position themselves in the AI landscape. While larger markets such as Nigeria and Kenya emphasise scale and ecosystem growth, and South Africa focuses on institutional regulation, Mauritius is advancing a governance-led model centred on enforceable standards. 

The Mauritius National AI Strategy 2025–2029, alongside the FAIR Guidelines introduced in April 2026, is designed to be vendor-neutral and border-agnostic. Any AI system operating within the country, regardless of origin, must comply with a unified set of ethical and operational standards.

Imported AI tools are subject to the same level of scrutiny as domestic systems. The framework requires compliance with principles of fairness, accountability, inclusiveness, integrity, and responsibility. In high-risk sectors such as fintech and gaming, systems must undergo bias audits to mitigate discriminatory outcomes. Accountability provisions also require foreign providers to designate locally based representatives who can be held responsible for system outcomes.

Any AI system that affects individuals, organisations, or public interests in Mauritius falls within the framework’s scope, reflecting a recognition that AI risks are not bound by geography and that governance should be determined by impact rather than origin.

Although the FAIR Guidelines are currently non-binding, there are no immediate legal penalties or fines for non-compliance—at least not yet; they are designed with a clear legal and policy trajectory. They are expected to shape government policy, inform sector-specific regulations, influence procurement standards, and eventually underpin future legislation. 

In effect, Mauritius is building a regulatory framework that can evolve alongside the technology, rather than locking in rigid rules too early. This contrasts with approaches like South Africa’s Draft National AI Policy, which proposes steep penalties—including fines of about $530,000 or up to 10 years in prison—for serious ethical breaches. 

The Mauritius approach allows the country to remain flexible while still establishing a stable reference point for accountability. Policymakers, regulators, businesses, and even courts can rely on these principles as AI adoption expands.

The framework has four pillars: fairness, accountability, inclusiveness, and integrity. Each addresses a specific risk that has emerged in global AI deployment and is tied to concrete expectations.

Fairness focuses on preventing bias. AI systems must not discriminate based on income, gender, ethnicity, or geography, the policy stated. This is particularly important in a small and diverse society, where flawed systems could quickly exclude entire groups from access to services or opportunities. To address this, the guidelines emphasise the use of representative local datasets and require bias testing, especially in high-impact sectors such as finance and public services.

Accountability tackles one of AI’s most persistent challenges: the “black box” problem. Under the FAIR framework, there must always be a clearly identifiable party responsible for an AI system’s decisions. This includes defining liability, maintaining audit trails, and establishing mechanisms for redress when harm occurs. AI decisions are not meant to be opaque or unchallengeable.

Inclusiveness ensures that the benefits of AI are widely distributed. Rather than concentrating advantages among large firms or urban populations, the strategy promotes AI literacy through initiatives like “AI for All,” supports small and medium-sized enterprises, and expands access to digital infrastructure. The goal is to prevent a new form of inequality—what the policy’s authors describe as a potential “digital divide 2.0.”

The final pillar, integrity and responsibility, addresses the technical and ethical robustness of AI systems. It covers data governance, privacy, cybersecurity, and safeguards against misuse, including fraud and manipulation. For a government that plans to integrate AI into public service delivery, trust in system reliability is essential.

What sets Mauritius apart is not just the inclusion of these principles, but how they are embedded into the broader economic strategy. The FAIR framework is tied directly to procurement decisions, system design, and policy development. It is positioned as a baseline requirement, not optional guidance.

This reflects a broader strategic choice: as a small, open economy of just 1.26 million people and a roughly $15 billion GDP, Mauritius cannot compete on scale with larger economies like South Africa, with an over $400 billion GDP.

It is not that South Africa and Nigeria are ignoring trust. The difference lies in priorities and timing. Mauritius is using its smaller size to position itself as a focused, “boutique” AI regulator, while South Africa and Nigeria must balance building trust with driving the scale of growth their larger economies demand.

In doing so, it hopes to attract investment, build partnerships, and integrate into global AI value chains.

The country’s economic ambitions reinforce this direction. AI is seen as a new growth pillar, alongside traditional sectors like manufacturing, whose contribution to GDP has steadily declined—from over 20% in the late 1990s to about 10.7% in 2020, and only a modest recovery to roughly 12.8% in 2024. 

According to the policy, the country now sees AI as a way to revitalise these sectors, improve efficiency, and create new opportunities in areas such as fintech, logistics, and the ocean economy.

To drive this transformation, Mauritius is building institutional capacity in the form of an AI Council. The council would be supported by public and private sector stakeholders, and international experts, who will oversee implementation, coordinate projects, and measure socio-economic impact. Incentives such as tax credits, grants, and regulatory support are also being deployed to encourage adoption.

This governance-led approach stands in contrast to other African AI strategies. Nigeria, for instance, is prioritising large-scale deployment and talent development, with governance structures still evolving. Kenya is focused on building a regional innovation hub and a powerful AI sheriff, while South Africa is leaning toward a more regulation-heavy model with multiple oversight bodies.

Mauritius, by comparison, is betting that trust can be a competitive advantage.

There are risks to this strategy. Overemphasis on governance could slow down innovation if not carefully managed. And as the guidelines transition into binding rules, questions will arise about enforcement capacity and regulatory burden. But for now, the country appears to be striking a balance, setting clear expectations without stifling experimentation.

  • ✇WeeTracker
  • Circle Ventures Backs CV VC’s USD 20 M African Blockchain Fund
    Circle Ventures, the investment arm of USDC stablecoin issuer Circle, has invested in the USD 20 M African Blockchain Fund run by CV VC (Crypto Valley Venture Capital), marking a pivotal bet on Africa’s growing stablecoin-driven digital asset ecosystem. The Cayman-Islands–domiciled fund focuses on early-stage African startups using blockchain for fintech, payments, and data infrastructure. This shift towards infrastructure investment follows a wave of cryp
     

Circle Ventures Backs CV VC’s USD 20 M African Blockchain Fund

17 septembre 2025 à 13:10

Circle Ventures, the investment arm of USDC stablecoin issuer Circle, has invested in the USD 20 M African Blockchain Fund run by CV VC (Crypto Valley Venture Capital), marking a pivotal bet on Africa’s growing stablecoin-driven digital asset ecosystem.

The Cayman-Islands–domiciled fund focuses on early-stage African startups using blockchain for fintech, payments, and data infrastructure. This shift towards infrastructure investment follows a wave of crypto exchange shutdowns across the continent, as capital now flows to startups tackling structural issues like currency volatility, cross-border payment friction, and financial exclusion.

Launched in 2022 by CV VC Africa Managing Partner Gideon Greaves, the African Blockchain Fund has previously backed ventures in Nigeria, Kenya, and South Africa. Circle’s participation signals growing confidence from global players that Africa’s digital asset future will be built on stablecoin-powered utility rather than speculative trading.

This comes as stablecoins now account for 43% of all crypto transaction volume in sub-Saharan Africa, according to Chainalysis, with Nigerians receiving UD 24 B in stablecoins in 2024 alone; the second highest globally.

The post Circle Ventures Backs CV VC’s USD 20 M African Blockchain Fund appeared first on WeeTracker.

  • ✇WeeTracker
  • JICA Invests USD 10 M In Novastar Ventures Africa Fund III With Impact Focus
    The Japan International Cooperation Agency (JICA) has committed USD 10 M to the Novastar Ventures Africa People and Planet Fund III, managed by Novastar Ventures. JICA is co-investing with British International Investment and other development finance institutions as well as financial and strategic investors in the private sector, including Japanese corporates. The project will finance startups engaged in impactful businesses via investing in Novastar, a leader of the venture capital mark
     

JICA Invests USD 10 M In Novastar Ventures Africa Fund III With Impact Focus

15 septembre 2025 à 14:46

The Japan International Cooperation Agency (JICA) has committed USD 10 M to the Novastar Ventures Africa People and Planet Fund III, managed by Novastar Ventures.

JICA is co-investing with British International Investment and other development finance institutions as well as financial and strategic investors in the private sector, including Japanese corporates.

The project will finance startups engaged in impactful businesses via investing in Novastar, a leader of the venture capital market and startup ecosystem in Africa. It aims to empower people through economic and social inclusion, promote sustainable and climate-positive economic activities, and thereby contribute to economic development and addressing social challenges in Africa.

The post JICA Invests USD 10 M In Novastar Ventures Africa Fund III With Impact Focus appeared first on WeeTracker.

  • ✇WeeTracker
  • Cameroonian Logistics Startup Swyft Secures Pre-Seed Funding
    Swyft, a Cameroon-based logistics tech startup, has received a pre-seed investment from the University of Michigan International Investment Fund (IIF) to scale its B2B and B2C delivery services across Africa. Founded in 2019, the IIF backs SMEs in emerging markets. Swyft, which specializes in first-to-last mile logistics, will use the funding to expand operations and enhance its tech platform. “This partnership validates our mission to
     

Cameroonian Logistics Startup Swyft Secures Pre-Seed Funding

28 juillet 2025 à 16:31

Swyft, a Cameroon-based logistics tech startup, has received a pre-seed investment from the University of Michigan International Investment Fund (IIF) to scale its B2B and B2C delivery services across Africa.

Founded in 2019, the IIF backs SMEs in emerging markets. Swyft, which specializes in first-to-last mile logistics, will use the funding to expand operations and enhance its tech platform.

“This partnership validates our mission to modernize African logistics,” said Franck Batchadji, Swyft’s CEO. The IIF praised Swyft’s potential to transform delivery services in Cameroon and beyond.

The post Cameroonian Logistics Startup Swyft Secures Pre-Seed Funding appeared first on WeeTracker.

  • ✇WeeTracker
  • 10 Outrageous Startup Ideas That Actually Worked
    When people think “startup,” they imagine some hoodie-wearing genius building AI in a garage, or inventing the next impossible piece of tech that’ll “change the world.” But innovation doesn’t always come wrapped in code or complexity. Sometimes, it comes in the form of…a potato. Or a glitter bomb. Or a bag of air. And that’s the thing most people m
     

10 Outrageous Startup Ideas That Actually Worked

25 juillet 2025 à 15:27

When people think “startup,” they imagine some hoodie-wearing genius building AI in a garage, or inventing the next impossible piece of tech that’ll “change the world.” But innovation doesn’t always come wrapped in code or complexity.

Sometimes, it comes in the form of…a potato. Or a glitter bomb. Or a bag of air. And that’s the thing most people miss. The reason most startup ideas fail is that they’re poorly executed. How an idea is brought to life, packaged, marketed, and monetised can make all the difference.

This same applies to wild ideas. Even the strangest concepts can work when they’re packaged and marketed properly purpose.

And yes, some startups have taken off like that. The products were weird on purpose, but the founders behind them understood their audience and were smart in execution. They leaned into what made their idea unforgettable, doubled down on the absurdity, nailed the pitch and got the right people to buy in.

Although not all started with this intent to reach a broader audience, the success behind some of these startups shows that if you package a product well, you can reach a much wider audience that is willing to go “Take my money,” however weird the idea might be.

Here are ten of the most wonderfully weird, delightfully unexpected startup ideas that took off, even got funded, and in some cases, made a killing.

1. Potato Parcel

Potato Parcel lets you send a message to someone on a real potato. That’s the entire product.

You go to the site, type your message, and they print it on a spud and mail it. It could be a birthday note, a breakup line, or just a picture of your face. It’s absurd on purpose, and people love it for that.

Started in 2015 by Alex Craig, the business grew quickly. In just over a year, they generated over USD 215 K in revenue. When the founder pitched it on Shark Tank, Kevin O’Leary invested USD 50 K for 10% equity. Since then, it’s shipped over 70,000 potatoes worldwide.

Potato Parcel works because it’s a perfect mix of novelty and surprise. It’s a one-time gift that people can’t help but talk about. In a world of boring e-cards and recycled memes, this was just strange enough to break through.

2. Ship Your Enemies Glitter

The concept here is blunt. Pay a small fee and they’ll send your nemesis an envelope filled with loose glitter. It explodes when opened, getting everywhere. You stay anonymous. They get sparkled. Everybody wins. Or loses. Depends on who you ask.

When this site launched in 2015, it went viral overnight. The founder, Mathew Carpenter, received over 2,000 orders in the first 24 hours. He panicked, hated the attention, and sold the site for USD 85 K just days later. The buyer turned it into a long-term business and added new services like confetti bombs and spring-loaded glitter tubes.

This wasn’t about utility. It was about giving people a way to act out their feelings—anonymously, playfully, and with no real consequences. People aren’t buying glitter. They’re buying petty satisfaction.

3. Vitality Air

In the early days, Vitality Air started as a prank. Two Canadian entrepreneurs began bottling fresh air from Banff National Park and selling it online. The packaging looked like something from a health spa, but the product was air.

But in parts of the world where clean air isn’t guaranteed, it hit a nerve. When they launched in China, their first shipment of 500 bottles sold out in under a week. Since then, they’ve expanded to India, South Korea, the Middle East, and the UK.

Each can of air costs around USD 20 to USD 30, with some high-end versions going for more. The brand has grown far beyond novelty. It’s now marketed as a health and wellness item for urban professionals living in polluted cities.

4. Dinner in the Sky

Dinner in the Sky offers a fine dining experience, but suspended 150 feet in the air. A crane lifts a platform where guests are seated, belted into chairs around a table, with a chef and waitstaff in the middle. The menu is high-end. So is the adrenaline.

This started in Belgium in 2006. It sounded like a stunt. But the demand kept coming. It now operates in over 60 countries, hosting everything from private dinners to corporate events and tourism experiences. They’ve partnered with brands like Ferrari and Forbes. The company has since spun off into multiple franchises, licensing the concept around the world.

5. Unagi Travel

Unagi Travel is a Japanese company that runs tours for stuffed animals. Customers ship their plush toy to Tokyo, and it’s taken on guided “tours” of local sights. Along the way, it’s photographed at temples, shops, restaurants, and even trains. The toy comes back with photos and souvenirs.

This isn’t marketed to kids. It’s often used by adults, many of them dealing with anxiety, disability, or grief. The stuffed animals represent emotional comfort, and sending them on a journey becomes symbolic. Some say it helps them feel like they’re part of the trip, even if they can’t go themselves.

Unagi Travel has been covered by CNN, NPR, and the BBC. While exact revenue numbers aren’t public, they’ve handled thousands of plush travellers from over 30 countries.

6. Rent-A-Friend

Rent-A-Friend is exactly what it sounds like. You pay someone to hang out with you. That could mean going to a movie, grabbing lunch, attending a wedding, or just walking around the city. It’s strictly platonic, so no dating or romance. Just time and company.

Founder Scott Rosenbaum originally built it off the back of another business (a dating site), but Rent-A-Friend stood on its own. It launched quietly but picked up traction as loneliness became a more public issue. Not everyone has a circle of friends on standby, and sometimes people just want someone to talk to who won’t judge them or ghost them.

The idea was easy to dismiss at first. But since launching in 2009, the site has grown to hundreds of thousands of registered “friends” worldwide. Some earn up to USD 2 K a week, depending on availability and location. When you look at the way people crave connection, especially in cities where millions live side by side without speaking to each other, it makes sense. Rent-A-Friend stepped into that gap and built a business on something we usually take for granted.

7. Entomo Farms

Entomo Farms raises crickets and turns them into food. As in real food for real people. They grind them into flour, press them into bars, and use them in protein-rich recipes meant to replace traditional meat or dairy sources.

In Western countries, this still turns heads. But in other parts of the world, insects have been on the menu for centuries. What makes Entomo Farms different is that they’ve found a way to present it to new markets as clean, nutritious, and sustainable.

The company started in Canada and quickly positioned itself as a leader in the edible insect movement. It has since raised millions in funding, including a USD 3.7 M investment from investors like Maple Leaf Foods to expand production and distribution. Its cricket protein is now used in over 50 product lines across North America.

8. DoodyCalls

DoodyCalls is a pet waste removal service. You call them, and they show up to clean the dog poop from your yard. That’s the entire business.

It was founded in 2000 by Jacob D’Aniello and his wife after they realised people would pay to have someone else deal with their dog’s mess.

It’s grown steadily for over two decades, expanding across the U.S. and becoming the largest pet waste franchise in the country as pet ownership has exploded, and not everyone wants to deal with the mess. DoodyCalls took an everyday annoyance and turned it into a professional, reliable service.

DoodyCalls handles tens of thousands of service calls per week and was acquired in 2021 by Authority Brands, a major home services conglomerate.

9. Pavlok

Pavlok is a wearable device that shocks you when you engage in a habit you want to stop. If you bite your nails, hit snooze, or scroll too long on your phone, you get a jolt. Not enough to hurt, but enough to make your brain take notice.

Inventor Maneesh Sethi first built a prototype with duct tape and an Arduino. After blogging about hiring someone to slap him every time he used Facebook, the idea blew up. Pavlok raised over USD 284 K on Indiegogo, launched to strong press coverage, and eventually gained over 100,000 users worldwide. They later went on Shark Tank, where Sethi famously turned down Kevin O’Leary’s offer, calling him “Mr. Know-Nothing.” The moment went viral, and so did Pavlok.

It’s based on behavioural conditioning. Do the thing, get the shock. Repeat it enough times, and your brain starts to associate the habit with discomfort.

The concept sounds harsh, but it appealed to people who’ve tried and failed with softer methods.

10. And Vinyly

And Vinyly offers a way to press a loved one’s ashes into a vinyl record. You choose the music or audio. They handle the production. What comes back is a playable record infused with the physical remains of someone you lost.

The founder, Jason Leach, had worked in the music industry and saw a gap for something more meaningful than a standard urn or grave. The idea took off in niche death-positive circles and art communities. They’ve since been featured in VICE, The Guardian, and BBC, and the service costs around USD 4 K–USD 5 K per record, depending on customisation.

It’s not a mass-market service. It doesn’t need to be. And Vinyly found a small group of people looking for a different kind of closure, and it gave them a way to hold onto it.

If you look at every business here, they were born from an idea that sounded uninvestable, unscalable, or just plain weird. Yet each one carved out a customer base and made real money. Some went viral. Some flew under the radar. But they all proved one thing: There’s room in the market for strange ideas, as long as they’re built with care and delivered with intent.

The post 10 Outrageous Startup Ideas That Actually Worked appeared first on WeeTracker.

  • ✇WeeTracker
  • Senegal’s Eyone Medical Raises USD 3 M To Digitise West Africa’s Health Records
    Dakar-based healthtech startup Eyone Medical has raised USD 3 M from Oyass Capital, a new Senegalese government-backed private equity fund focused on scaling high-impact SMEs. The deal was announced at Oyass’s launch event, marking one of its first investments. Founded in 2015 by Henri Ousmane Gueye and John Diatta, Eyone provides interoperable digital health systems, including its flagship Shared Patient Record platform, which enables clinics and hospitals to securely shar
     

Senegal’s Eyone Medical Raises USD 3 M To Digitise West Africa’s Health Records

25 juillet 2025 à 11:56

Dakar-based healthtech startup Eyone Medical has raised USD 3 M from Oyass Capital, a new Senegalese government-backed private equity fund focused on scaling high-impact SMEs. The deal was announced at Oyass’s launch event, marking one of its first investments.

Founded in 2015 by Henri Ousmane Gueye and John Diatta, Eyone provides interoperable digital health systems, including its flagship Shared Patient Record platform, which enables clinics and hospitals to securely share and manage patient data.

The platform is used in over 60 healthcare institutions across Senegal, Mali, Côte d’Ivoire, Cameroon, Gabon, and France.

The new funding will help Eyone, which previously raised USD 1 M and secured another USD 300 K in prize money, integrate AI into its systems, enhance infrastructure, and expand across Francophone West Africa, where fragmented health records and inefficiencies remain major challenges.

The deal also reflects a growing trend of public-private co-investment in strategic sectors like healthtech, with governments like Senegal’s taking a more active role in startup funding.

The post Senegal’s Eyone Medical Raises USD 3 M To Digitise West Africa’s Health Records appeared first on WeeTracker.

  • ✇TechTrends Africa
  • Village Capital Backs Five African Entrepreneur Support Organizations with $4?M Facility
    Village Capital’s Africa Ecosystem Catalysts Facility (AECF), a US$4 million program aimed at investing in startups creating context-specific solutions that improve economic mobility and climate resilience in Ghana, Nigeria, and Tanzania, has announced five Entrepreneur Support Organizations (ESOs) as venture partners. The AECF, which is managed by Village Capital in partnership with the Dutch Entrepreneurial... The post Village Capital Backs Five African Entrepreneur Support
     

Village Capital Backs Five African Entrepreneur Support Organizations with $4?M Facility

17 juillet 2025 à 10:35

Village Capital’s Africa Ecosystem Catalysts Facility (AECF), a US$4 million program aimed at investing in startups creating context-specific solutions that improve economic mobility and climate resilience in Ghana, Nigeria, and Tanzania, has announced five Entrepreneur Support Organizations (ESOs) as venture partners. The AECF, which is managed by Village Capital in partnership with the Dutch Entrepreneurial...

The post Village Capital Backs Five African Entrepreneur Support Organizations with $4?M Facility appeared first on TechTrends Africa.

Next Wave: Money is coming back to African startups; we need a better story to make it stay

28 juillet 2025 à 08:00
Next Wave Logo

27 July, 2025

After consecutive steep drops in the amount of venture capital funding made out to startups in both halves of 2023 and 2024, the first half of 2025 has been a collective sigh of relief for stakeholders across Africa’s technology landscape.

But make no mistake, the uptick in startup fundraising is only part of a larger trend towards revising the case for investing in an African startup. I find that more people—fund managers, founders and other enablers are asking hard questions about what it means to build commercially viable businesses on the continent. And the 166% growth in the concentration of fundraising into fintech reflects an unspoken consensus that investors are clustering around what has been proven to work under the current “Africa opportunity narrative” versus where innovation meets deeper risk.

But, unlike mature technology business ecosystems, where concentrated investor interest in large language artificial intelligence models is the driving force behind the resurgence in startup investing, concentration narratives like the simplistic “fintech for inclusion” story is showing signs that it is near its structural limit. Even fintech-focused firms are modulating this story in their communications. It tells me that:

  1. Our startup and capital archetypes are evolving.
  2. The overarching story of startup and tech in Africa is losing its compelling power.

An overarching narrative is a set of stylised facts that explain something. It is the foundational set of generally accepted and simplified realities or idealized patterns that theories are constructed around to advance capital and entrepreneurial utility.

Next Wave continues after this ad.

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For us in Africa, the major narratives oscillated between Africa’s demographic expansion and the implied market opportunity it represented. And the opportunity to create, shape and capture market share in some of the fastest-growing economies globally by deploying new technology to leapfrog institutional gaps and market failures.

Sectorally, “financial inclusion,” for example, drove financing flows and policy reform that fueled fintech ventures. That ship has lost steam today. Solar-based micro-grids, for example, drove financing to the models that produced the M-KOPAs of this world. That story has evolved into more complex models today, just as climate adaptation is driving funding to smallholder farm improvement technologies.

While many of the underlying stylised facts remain mostly true, the collision of the grand narrative with market realities and global capital flows has damaged the prevailing story. Unfortunately, most investors and even founders are still caught on the wrong side of a compelling non-moralistic narrative about building and investing in startups. In this sense, the current rebound in startup fundraising is a positive surprise.

Thus, while it’s easy to call the rebound in startup funding a “flight to quality,” it sounds and looks more like a “flight to safety” to me. It tells me that the big story that drove building and investing in startups is due for an upgrade.

Next Wave continues after this ad.

ICTEL

The Lagos Chamber of Commerce and Industry (LCCI) is proud to announce the 11th edition of the ICTEL Expo, set for July 29–30, 2025, at the Lagos Oriental Hotel, Victoria Island. Under the theme “Leveraging Technology for Innovation and Development in Africa,” the event aims to further position ICTEL as a premier platform for digital transformation, regional collaboration, and economic progress

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Billions of dollars were raised and deployed based on the existing stories. Unicorns were created, new fund managers joined the VC gravy train, and growth in startup hiring created work opportunities for thousands of brilliant young talent. 

But when the private startup capital market broke down from 2023 onwards, it became clear to anyone paying attention that the stories that turned on the capital spigot were not enough to keep the taps flowing. And most importantly, those stories probably worked because of cheap global money, and not always because of their commercial soundness. 

We now need stories that are less correlated to the global state of capital, and this applies whether your capital is local or not, because all capital is universal, if not geographically, then in terms of opportunity cost.

Next Wave continues after this ad.

Termii

Join Africa’s builders at Termii Elevate 4.0 on August 2 – where AI, APIs, and digital infrastructure take center stage. With Iyin Aboyeji, Wetech, and other top voices. Free to attend:

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The State of Tech in Africa H1 2025 is a brilliant snapshot of the numbers and context behind a 6-quarter record haul in startup funding, startup layoffs, shutdowns, M&A, and deal count.

It is one thing to read a report about technology startups in Africa and focus on the headline numbers. But a better way for the reader to parse this compilation is to test where the reported numbers improve or disprove your set of stylised facts on building or investing in African startups. And this applies regardless of what your story was, e.g. demographic opportunity, leapfrogging, or even the failings of the VC model.

Next Wave continues after this ad.

moonshot

Africa’s tech ecosystem is alive with ambition, and Moonshot 2025 is catalysing it into unstoppable momentum. Our theme, “Building Momentum,” honours past builders and calls for doubling down on systems, capital, policies, and partnerships.

Expect new formats, deeper conversations, and broader voices. This is where vision becomes action. If you’re building, funding, or enabling Africa’s innovation economy, join us October 15–16 in Lagos. Early Bird tickets are 20% off! Let’s build the future, faster, smarter, together.

Reserver your spot!

Again, this applies whether your focus is on local or global capital because money and business are mobile, and narratives are a powerful vehicle for universal capital mobility.

The point is that despite the rebound in startup funding, the case for updating our commercial and collective narrative for investing in and building African startups has never been more urgent. Don’t believe me? Ask any of the more than two dozen local VC firms that are actively raising capital today.

Abraham Augustine

Ecosystem & Marketing Manager, Norrsken

Thank you for reading this far. Feel free to email abraham[@]norrskenfoundation.org, with your thoughts about this edition of NextWave. Or just click reply to share your thoughts and feedback.



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  • ✇WeeTracker
  • Knife Capital Backs Fintech And Healthtech With Two New Series A Bets In SA
    Cape Town-based venture capital firm Knife Capital is marking its 15th anniversary with a pair of new Series A investments into South African startups Sticitt and Optique; two tech-driven businesses tackling entrenched problems in school payments and eye care. Fintech startup Sticitt, founded in 2018 by Theo Kitshof, is digitising school payments while gamifying financial literacy for students. Its platform is used by over 75,000 users across 841 schools and has processed more than ZAR 6.3 B
     

Knife Capital Backs Fintech And Healthtech With Two New Series A Bets In SA

4 juillet 2025 à 15:44

Cape Town-based venture capital firm Knife Capital is marking its 15th anniversary with a pair of new Series A investments into South African startups Sticitt and Optique; two tech-driven businesses tackling entrenched problems in school payments and eye care.

Fintech startup Sticitt, founded in 2018 by Theo Kitshof, is digitising school payments while gamifying financial literacy for students. Its platform is used by over 75,000 users across 841 schools and has processed more than ZAR 6.3 B in transactions.

Beyond simplifying how parents pay for school services, the company, which previously raised seed funding in 2022, is positioning its youth banking tool as a driver of long-term financial inclusion. Knife’s investment builds on earlier backing via Grindstone Ventures, with this latest round intended to streamline the cap table and accelerate expansion.

Optique, launched in 2017, is challenging the traditional optometry model with a digitally enabled, low-cost offering. With 19 branches and an online store, the company targets under-served South Africans, offering ZAR 99.00 eye tests, all-inclusive pricing, and interest-free plans.

Founder Leon van Vuuren said the Knife backing will support national growth and bring world-class eye care to consumers left behind by legacy providers.

Knife Capital, which manages three funds, including the newly launched Knife Fund III, says these bets reflect a sharper focus on scalable, impact-driven innovation as it enters its next growth phase.

The post Knife Capital Backs Fintech And Healthtech With Two New Series A Bets In SA appeared first on WeeTracker.

  • ✇WeeTracker
  • Kenya’s BuuPass Secures Funding From Yango Ventures To Expand Intercity Transport
    Kenyan mobility startup BuuPass has secured an undisclosed strategic investment from Yango Ventures, marking a new phase in its plan to digitise long-distance travel across Africa. The deal brings fresh backing from Yango Group’s newly launched USD 20 M corporate venture fund, focused on high-growth markets in sectors like B2B SaaS, fintech, and O2O platforms. Founded in 2016 by Sonia Kabra and Wyclife Omondi, BuuPass has become a central layer of digital infrastructure for Africa’s fragme
     

Kenya’s BuuPass Secures Funding From Yango Ventures To Expand Intercity Transport

2 juillet 2025 à 10:11

Kenyan mobility startup BuuPass has secured an undisclosed strategic investment from Yango Ventures, marking a new phase in its plan to digitise long-distance travel across Africa.

The deal brings fresh backing from Yango Group’s newly launched USD 20 M corporate venture fund, focused on high-growth markets in sectors like B2B SaaS, fintech, and O2O platforms.

Founded in 2016 by Sonia Kabra and Wyclife Omondi, BuuPass has become a central layer of digital infrastructure for Africa’s fragmented intercity travel and logistics sector.

Its platform enables consumers to book intercity buses, trains, flights, and parcel services while equipping operators with software for inventory, payments, and fleet management. Through APIs, mobile apps, USSD, and offline sales agents, BuuPass processes transactions across multiple layers of Africa’s informal transport economy.

The company now operates in Kenya, Uganda, Tanzania, and South Africa, working with over 150 transport providers. It processed over USD 70 M in bookings and sold 20 million tickets in 2024 alone. Last year’s acquisition of QuickBus in South Africa, on the heels of a USD 1.3 M pre-seed in 2023, bolstered its supply footprint and regional reach.

BuuPass CEO Kabra described Yango as a partner “who leans in with insight, not just capital” — a nod to the fund’s operational involvement. For Yango, it’s a bet on infrastructure as the enabler of inclusive growth in mobility. For BuuPass, it’s momentum in its bid to become the API for how Africa moves.

The post Kenya’s BuuPass Secures Funding From Yango Ventures To Expand Intercity Transport appeared first on WeeTracker.

  • ✇WeeTracker
  • Liquidity Is Costly. Ghana’s Liquify Raised USD 1.5 M To Sell It Cheaply To SMEs
    In much of Africa, trade isn’t held back by a lack of goods or buyers but stalled by cash flow. Exporters ship products, then wait 30, 60, sometimes 90 days to get paid. Banks, when they show up at all, take weeks to process financing and charge fees that make it unworkable for small firms. Ghanaian startup Liquify is betting that this friction can be abstracted, standardised, and sold as a scalable asset class. The company just raised USD 1.5 M in seed equity and additional debt financing
     

Liquidity Is Costly. Ghana’s Liquify Raised USD 1.5 M To Sell It Cheaply To SMEs

1 juillet 2025 à 11:36

In much of Africa, trade isn’t held back by a lack of goods or buyers but stalled by cash flow. Exporters ship products, then wait 30, 60, sometimes 90 days to get paid. Banks, when they show up at all, take weeks to process financing and charge fees that make it unworkable for small firms.

Ghanaian startup Liquify is betting that this friction can be abstracted, standardised, and sold as a scalable asset class.

The company just raised USD 1.5 M in seed equity and additional debt financing to expand its digital invoice-financing platform, which helps small exporters in Ghana and Kenya get same-day cash for unpaid invoices.

Since launching its beta in late 2024, Liquify has financed over USD 4 M in transactions, mostly agricultural and light manufacturing exports headed to Europe and North America, as it pursues a quest to close Africa’s USD 120 B annual trade finance gap.

The pitch is classic fintech: speed, automation, and bypassing banks. Liquify’s platform wraps onboarding, KYC, AML, credit scoring, and settlement into a streamlined process that clears invoices in hours, not weeks.

“The average bank process takes over 10 days and costs more than USD 10 K to serve a single SME,” said co-founder and CEO Nadya Yaremenko, a former Citi exec who managed a USD 3 B trade finance portfolio. “We bring that down to a fraction of the time and cost.”

But what Liquify is really doing is making trade receivables investable. The startup buys export invoices at a discount, offering liquidity to SMEs while giving global investors access to short-term, self-liquidating assets, unlinked from broader financial market swings. Investors get yield; exporters get working capital. Everyone avoids the banks.

Of course, there’s a reason this gap hasn’t been filled. The team has had to build trust with SMEs used to informal lending and persuade foreign investors that fragmented invoice claims from African exporters can function like an asset class.

Co-founder Alberta Asafo-Asamoah, who came from the impact investing world, saw up close how “patient capital” wasn’t fast or flexible enough to scale SME exports. Liquify is taking a more transactional route, one that looks less like aid and more like arbitrage.

With the new funding, Liquify plans to expand its risk and compliance engine, grow into Francophone Africa, and test structured investment products.

Whether African trade finance becomes fintech’s next frontier or just another category of repackaged risk may depend on how well the startup balances local complexity with global appetite. For now, Liquify is betting that Africa’s slowest money problem is also its most bankable.

The post Liquidity Is Costly. Ghana’s Liquify Raised USD 1.5 M To Sell It Cheaply To SMEs appeared first on WeeTracker.

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