It is here! One of the most anticipated mobile events of the year will be held tomorrow 12th September by the trillion dollar company Apple. The event is explored by the tech firm to unveil the latest versions of Apple’s most important product: the iPhone, which is coming off of…
Author: AdeO
Egyptian propertytech startup. Aqarmap has raised an undisclosed amount of investment from Dubai-based Wamda Capital, Kuwait’s KISP Ventures and Saudi’s Raed Ventures. The round was closed a few months ago but was announced recently with some additional funding coming in from a group of family offices that has investments in real…
MEST Lagos has partnered with Honeywell Group, one of the largest diversified enterprises in Nigeria, to launch their inaugural Itanna Accelerator Program. The Itanna Accelerator kicked off on August 6th, 2018 as an innovation program for tech-enabled Nigerian startups and is hosted in its newly launched Enterprise Factory in Lagos. The four participating…
Blockchain and cryptocurrencies have become innovations that the financial world can no longer ignore. Every possible domain can enjoy new possibilities ushered in by exchanges based on blockchain technology, and entrepreneurship is no exception. At its core, blockchain is a public record of transactions that provides thousands of real-time validations…
Nigeria digital payment startup, Paga, has raised $10 million in series B2 funding led by the Global Innovation Fund. Also participating in the round were existing investors, Goodwell (managed by Alitheia Capital), Adlevo Capital, Omidyar Network and Unreasonable Capital. This new financing brings the total Paga has raised since inception…
South Africa Fintech startup, Yoco has raised a Series B round of US$16 million led by Partech, with participation from Orange Digital Ventures, FMO and existing Series A investors Quona Capital and Velocity Capital. Yoco builds tools and services to help small businesses accept card payments and manage their day to day activities. Since launching its first…
The managing director of Jumia’s hotel and flight booking services, Omolara Adagunodo has urged the federal government through the ministry of tourism, information and culture, to redirect its attention to revamping one of Nigeria’s oldest tourism products – the National Theatre, adding that, it will yield massive revenue for the…
Tanzanian payments startup Nala has been named the winner of the annual Ecobank Fintech Challenge, winning US$10,000 in prize money. Nala, which helps mobile money users evolve from a text-based USSD interface to a simplified Venmo-like app, pitched its solution alongside 10 other startups at a ceremony on August 30 at the…
Facebook has sued BlackBerry claiming the company stole its voice-messaging technology and other patented processes. The social media giant accused BlackBerry of infringing on six patents in a complaint filed in San Francisco federal court, Bloomberg reports. Beyond the voice-messaging patent, Facebook says the Canadian business software provider and one-time phone…
Amazon shares rose as much as 1.9 per cent, pushing the company briefly beyond a market value of $1 trillion, a milestone Apple Inc. reached last month. After crossing the $1 trillion mark, Amazon’s valuation slipped to $988.8 billion. Tech competitors Alphabet Inc. and Microsoft Corp. are closing in on the…
Tizeti, the Nigerian internet service provider behind the brand Wifi.com.ng, has raised $3 million in a new round of funding as it expands its unlimited internet service into Ghana. The new financing was led by 4DX Ventures, a new, Africa-focused fund that’s been deploying capital at an incredibly fast clip since its launch earlier…
Samsung will unveil details of a foldable smartphone later this year, the CEO of its mobile division told CNBC, amid rumours that such a device was in the works. DJ Koh said that “it’s time to deliver” on a foldable device after consumer surveys carried out by Samsung showed that there…
Seedstars World has announced the nine Senegalese startups that will pitch at the year’s Seedstars Dakar pitch event. The pitch event, which will be held on this Friday will see nine of Senegal’s seed-stage startups compete to represent the country at the Seedstars Summit in Switzerland. In addition, the winning startup will…
Social media is a powerful tool that millions of people incorporate into their lives every day. It’s not just about sharing information and socialising with others. Today, social media sites and apps impact people’s lives beyond their list of friends. The world of business and industry has taken advantage of…
Vinsighte, a health technology project that makes use of technology to help blind and visually impaired persons live a happier and more comfortable life has been named the winner of the Union Bank Campus Innovation Challenge. The startup was founded by Kolawole Tomisin and Erioluwa Morenikeji, from the University of…
Instagram has made it easier than ever to get your account verified. The photo-sharing platform has now given users the ability to apply for verification instead of waiting until Instagram decides when they can have it. If you are interested in being verified, all you have to do is go…
It started in Ugandan, the wind of social media monitoring has now blown to Egypt as the government of the North African country has approved a law monitoring social media. Approved by parliament in July, the state’s Supreme Council for Media Regulations will have the power to place people with…
The Legatum Center for Development and Entrepreneurship at the Massachusetts Institute of Technology (MIT), with support from the Mastercard Foundation has named South African startup Wala as the grand prize winner of the 2018 Zambezi Prize for Innovation in Financial Inclusion. The announcement came during the Open Mic Africa Summit in Nairobi on August 29th, 2018. Wala is a…
Apple Inc. has acquired Akonia Holographics LLC, a six-year-old maker of displays for augmented-reality glasses. Apple, seeking a breakthrough product to succeed the iPhone, is said to be prepping to ship an AR headset or device as early as 2020. Akonia’s “HoloMirror” technology is designed to project full-colour images onto…
First Bank’s digital lab is set to host its second fireside chat with the topic “Artificial Intelligence in Banking & Payments”, facilitated by Ope Adeoye, Managing Partner, 2iLabs. The FirstBank Digital Lab Fireside Chat is a public conversation that brings together active players in the technology community to have thought-provoking…