Search results for: apex peak

Thu, September 18th 2014, 11:09 · Paul Adepoju

ApexPeak, Karu Exporters close $23m export finance deal

88mph-funded startup ApexPeak and South African citrus fruit grower Karu Exporters have closed a US$23 million export finance deal. Under the agreement, Karu will receive monthly disbursement until the end of 2014. → Read more
Wed, August 20th 2014, 13:00 · Gabriella Mulligan

ApexPeak gives Umati Capital $10 million finance line

ApexPeak has handed Kenyan financial tech startup Umati Capital a finance line which will commence at US$300,000 per month, an amount expected to grow to US$5 million to US$7 million per month before the end of the year. → Read more
Wed, February 5th 2014, 08:00 · Chris Udemans

ApexPeak seeks $200m investment

South African startup ApexPeak is raising a $200 million investment fund, allowing investors to achieve above average return on investments on short-term loans. → Read more
Fri, September 27th 2013, 20:00 · Richard Cutcher

ApexPeak raises close to $2 million in follow-on funding

South African startup ApexPeak has secured US$1.84 million of follow-on funding since completing the 88mph accelerator programme and is already targeting an A round and future acquisitions. → Read more
Fri, April 26th 2013, 15:48 · Nanine Steenkamp

ApexPeak to launch in Singapore

Online financing startup ApexPeak is planning to move into the Singaporean market as it completes the 88mph startup programme in Cape Town. → Read more
Thu, April 3rd 2014, 09:30 · Tom Jackson

Emerging markets best avenue for African startups – Buch

The opportunities in emerging markets in Africa and Asia are so large startups no longer need to expand to the United States (US) and Europe in order to scale, according to 88mph managing director (MD) Kresten Buch. → Read more
Thu, April 25th 2013, 13:07 · Richard Cutcher

88mph Demo Day underway in Cape Town

Ten Cape Town-based startups will present to investors today in a bid to secure follow-on funding and increase the chances of their business ideas becoming a recognised brand or product. → Read more
Tue, September 16th 2014, 17:00 · Susan Mwenesi

Ericsson’s new indoor picocell to boost broadband coverage in smaller sites

Ericsson has announced the launch of the RBS6402, the first indoor picocell that is set to deliver 300 Mbps LTE speeds with carrier aggregation that addresses the performance requirements and economic imperatives of smaller building and venues on a future-proof platform with a compact, tablet-sized footprint. → Read more
Thu, June 12th 2014, 09:00 · Tom Jackson

FEATURE: Is there enough funding for startups in Africa?

Money. For startups in Africa and across the world, it all comes down to money. The reason for starting a business is usually - with some honourable exceptions - to make money. However, conversely, usually it takes - or at least most people think it takes - a reasonable amount of money to get a startup off the ground in the first place. But is there enough of that about? → Read more
Mon, June 2nd 2014, 09:00 · Tom Jackson

FEATURE: Does fear of failure hold back SA startups?

Silicon Valley has long tolerated failure, perhaps to the point of it being over-glorified. Yet the consensus of entrepreneurs in South Africa is that the acceptance of failure as a potentially necessary evil has not yet penetrated the mindset of startups in the country, with a fear of failure preventing entrepreneurs from pushing the boundaries as their American counterparts have done. → Read more
Sun, February 9th 2014, 08:00 · Chris Udemans

FEATURE: The week in startups 09/02/2014

African startups have seen a wave of investment this week, with over US$40 million being awarded and over US$200 million in the pipeline. → Read more
Tue, December 31st 2013, 12:00 · HumanIPO

HumanIPO: South African Startup Central 2013

No news organisation in the world covers African tech startups in as much detail, every day, as HumanIPO. Using their contacts across the continent, HumanIPO reporters work hard to ensure even the smallest African business has the opportunity to be profiled on the site and catch the attention of our continental and international investor readership. → Read more
Fri, November 8th 2013, 17:30 · Paul Adepoju

Nigerian banks have lost $1b to e-frauds

Nigerian banks have lost around NGN159 billion (US$1 billion) to e-fraud between 2000 and the first quarter of 2013, according to the Nigerian Inter-Bank Settlements Systems, (NIBSS). → Read more
Mon, November 4th 2013, 16:00 · Paul Adepoju

Nigeria can lead by adopting e-payments – CBN

Sanusi Lamido Sanusi, governor of the Central Bank of Nigeria (CBN), has revealed the country’s economy could be one of the world's biggest by 2020 if all stakeholders adopt e-payments. → Read more
Tue, October 8th 2013, 18:00 · Kamau Mbote

Day One: Cisco Connect Kenya 2013

The biannual Cisco Connect Kenya 2013 conference began today, bringing together stakeholders in the ICT sector including government, non-governmental bodies, partners and the private sector. → Read more
Sun, September 29th 2013, 12:00 · Richard Cutcher

FEATURE: The week in startups 29/09/2013

Africa’s startup scene received another boost this week when the world’s biggest accelerator, the Founder’s Institute, confirmed it was expanding its presence on the continent to Nairobi. → Read more
Fri, July 26th 2013, 13:35 · Paul Adepoju

Nigeria to host 2013 World Cybersecurity conference next week

Nigeria’s capital city of Abuja will host the 2013 World Cybersecurity conference next week including presentations the First Lady Dame Patience Jonathan and Ehud Barack, Israel’s former prime minister. → Read more
Wed, July 10th 2013, 13:17 · Paul Adepoju

CBN to commence biometric authentication of PoS and ATMs in 2015

The Central Bank of Nigeria (CBN) has announced it will begin to implement biometric authentication for PoS and ATM machines across Nigeria in 2015. → Read more
Tue, April 23rd 2013, 09:46 · Nanine Steenkamp

Cape Town becoming an ihub, says investor

Investors have acknowledged the African continent’s growing global potential as six tech startups pitched at a Demo Day Test Drive hosted by startup accelerator 88mph in Cape Town, South Africa last night (Monday). → Read more
Mon, April 15th 2013, 05:59 · Richard Cutcher

88mph startups pitching for investment at Demo Day

The first 10 startups to complete 88mph’s Cape Town accelerator programme will pitch to potential investors at Demo Day on Thursday, April 25. → Read more