Fintech Startup, Branch, which has offices in Lagos, Tanzania and Nairobi, has announced that it has closed a $170M Series C financing round led by Foundation Capital and Visa. And joining this round of investment are existing investors, Andreessen Horowitz, Trinity Ventures, Formation 8, the IFC, CreditEase, and Victory Park…
Author: AdeO
Many people have quite a fairytale perception of entrepreneurship and business. You take the plunge, quit your job, toil away and then you’re the next success story. While this can happen for some, it’s usually the few success stories that are widely published and not the many failures. Quitting your…
Founders of Nigeria’s digital content distribution platform Publiseer, Chidi Nwaogu and Chika Nwaogu, have been invited by Mastercard Foundation to participate in its Young Africa Works Summit, taking place in Cape Town, South Africa on October 17 and 18, 2019. Chidi Nwaogu, Publiseer’s CEO, took to his twitter page to…
BeepTool, a Nigerian tech startup has launched m-Naira, an app designed to bridge the gap in financial inclusion, mobile payment and remittances. m-Naira app is designed to be the fastest and most secure way to send and remit money home directly to a bank account or mobile wallet. The BeepTool…
Imagine you woke up on a good day, sluggishly pick up your phone to check your Instagram account and alas, your handle has been changed. Nobody hacked it and you did not change it. You are later informed that your handle has been changed and on further enquires, you discover…
Three Nigerian teens from Dansol High School in Lagos have developed an application that helps monitor data of electronic cigarette smokers in the US. The three Nigerian teens are Oluwatunmise Ayeni, Rotimi Adegbiji, and Egie Akede — designed the ‘RET-Vape Selling App’ to help the US government regulate the purchase…
The Africa Women Innovation and Entrepreneurship Forum (AWIEF), which will celebrate its 5th year anniversary in 2019, has announced the dates for its prestigious annual conference and awards, which will take place at the Cape Town International Convention Centre (CTICC), 29-30 October 2019. The conference theme this year is, Enhancing Impact: Digitalisation,…
Facebook has announced that it will remove its apps for Windows Phone, including Messenger, Instagram, and the original Facebook app. According to a Microsoft spokeswoman, Facebook will end its support for its apps on Windows Mobile starting April 30th. Windows Phone users will then have to resort to accessing Facebook or…
Google Doodle has honoured late South Africa Jazz legend Hugh Masekela on what would’ve been his 80th birthday. Masekela was born in the eastern city of Witbank on April 4, 1939, and took up the trumpet when he was 14. He and his band, Jazz Epistles, became the first all-black jazz band…
Wema Bank has announced the winners of its first Hackathon it named ‘Hackaholics’. The event, hosted at Codeville, which is the Bank’s innovation lab. Hackaholics brought together startups and young tech professionals to brainstorm, strategize and create solutions to the problems presented. Solutions were screened by a team of judges…
Kudi, the Nigerian leader of digital payment and collection for the cash economy, raises a Series A led by Partech and joined by Michael Seibel (YC CEO). Existing investors Khosla Ventures and YC also participated. Kudi will leverage its Series A to grow its network of bank agents across Nigeria…
WhatsApp has announced it is rolling out changes to its messaging app to give users more control over how they engage with groups, thereby addressing one of the most pronounced privacy issues on the platform. The Facebook-owned service said users will now have an option to control who can add…
South Korea will become the first country to commercially launch fifth-generation (5G) services on Friday as it rolls out the latest wireless technology with Samsung Electronics’ new 5G-enabled smartphone Galaxy S10. With one of the world’s top smartphone penetration rates, South Korea is in a race with China, the United…
The campaign will be predominantly hosted on the Jumia mobile App and is expected to drive a sharp upturn in the shopping habits of Nigerians across the country, including those in the far-flung rural areas during the Easter season. There will also be flash sales at up to 50% off…
The Nest, a technology innovation park, has been formally opened in Lagos with focus on creating an enabling environment for technology enthusiasts to thrive, collaborate and achieve their desired results. The hub, which is situated at Yaba, popularly called the “YabaCon Valley” has also revealed plans to churn out 10,000…
Smartphones have become very popular that many think that they can do anything and everything. This is not true. Before you give away or sell that old laptop without replacing it consider these things your laptop can do better than your smartphone. Managing email A lot of us now check…
Apple and Google can shift for Saudi Aramco, as the Saudi Arabian oil giant has dwarfed the earnings of the aforementioned company to become the most profitable company in the world according to financial data it recently unveiled. The company made a whopping $111 billion in 2018, the data shows.…
The Oracle Global Startup Ecosystem and the Ghanaian government have announced the Ghana-Oracle Digital Enterprise Program, a new collaborative effort to support technology-enabled startups and entrepreneurs across Ghana. The Oracle Global Startup Ecosystem, Oracle’s program for entrepreneurs and innovators worldwide, has committed to support 500 local startups through access to…
Can you belif it or is it April fool?! Naa..it is not! Elon Musk, the CEO of Tesla Motors, Space X and The Boring Company who also has shares in several companies, has released a rap song! The song is an auto-tuned song about Harambe, a gorilla-turned-meme that died in…
Nigeria Agritech startup, EZ-Farming has won the first prize of $5,000 and the people’s choice award at the 2019 Georgetown African Business conference New venture competition, hosted by the Young African Professionals in Washington DC. The Guardian Nigeria reports that the firm that its strategic agribusiness model of rapidly scaling…