Over 10,000 retailers now transact on Wabi Nigeria with 95% womenPlans expansion to other Nigerian states in 2021 Wabi, an ecommerce ecosystem that seeks to transform the way consumers buy their products, has launched Wabi2b in Nigeria to digitise the existing traditional trade channels and empower women. The launch was…
Author: AdeO
Flutterwave, the payments technology company, has announced the launch of its new e-commerce service, Flutterwave Market – an extension of its Flutterwave Store service – that will bring together a collection of merchant stores in one place. Flutterwave Market brings e-commerce a step closer to the brand’s merchants and their…
It is well-known that the Covid-pandemic has forced a change in many industries and driven digitalisation at a pace faster than anyone could have anticipated, but it has happened at the cost of robust security and digital authentication. The ramifications of this could be felt soon as it becomes increasingly…
Airtel Africa has announced that its B2B provider, Airtel Business, has formed a new partnership with Cisco to provide secure internet access to Small and Medium-sized Enterprises (SMEs) in Africa, in support of their digital transformation journeys. The partnership bundles Airtel Africa’s fixed connectivity solutions with Cisco Umbrella, a cloud-based,…
Fixit45, a Nigerian autotech startup, has announced the acquisition of Parkit, a network of tech-enabled autocare and car wash centres in demonstration of its commitment to facilitating value-creating interactions across stakeholders in the automotive industry. Since its entry into the market in July 2021, Fixit45 has been focused on building…
Uber, the ride-hailing giant, has announced that it’s app will become partially unavailable in Brussels from Friday evening (26th November, 2021) following a court ruling on Wednesday, the company said. Two thousand private drivers with licenses in Brussels will no longer be able to pick up customers, according to the…
EduOne, a South African edtech startup, has been acquired by education finance and education fund management company Fundi. Founded in 2015 by Jason Basel and co-founders James Kieser, Pieter Strydom and Ben Rath, EduOne is a suite of digital education products ranging from information websites to scholarship management platforms. In…
T40, a Nigerian intercity transport- and logistics-tech company, has raised funding from GreenTec Capital Partners. Founded in 2019 by Folarin Olulana, T40 is developing solutions to help mobility service providers offer better service to their customers and increase their revenues. It is building an open technology infrastructure that would enable…
Mecho Autotech. an on-demand auto maintenance and repair platform, has raised an undisclosed amount of funding from Ingressive Capital, a VC targeting tech-enabled startups to boost the technological growth of the automobile sector in Nigeria. Mecho was one of the African startups selected by Y Combinator for its Summer 2021…
Realness Institute in partnership with Netflix, has opened submissions for the 2022 Episodic Lab and Development Executive Traineeship (DET). This follows the overwhelming interest in the inaugural editions, having received 425 submissions for the 2021 Episodic Lab and 79 applications for the 2021 DET. The Episodic Lab is a development…
Ecobank Nigeria has warned Flour Mills Nigeria (FMN) Plc not to proceed with its planned acquisition of 71.69 per cent of Honeywell Group Limited shareholding in the Honeywell Flour Mills Limited, (HFML) saying the company is indebted to its and facing winding-up proceedings. The warning was contained in a letter through Ecobank’s…
Bolt has partnered with Metro Africa Express (MAX) to expand the Bolt vehicle financing program in Nigeria. This scheme is part of Bolt’s commitment to enabling ride-hailing drivers to own vehicles with low equity repayment, support and improve earnings for drivers while allowing them to maintain flexibility as vehicle owners. The programme, which offers an…
Twitter has disclosed that it has launched a live shopping feature which the social media giant will test with Walmart Inc. Twitter announced the launch and test in a blog post. This will offer users an opportunity to buy products promoted during a real-time video broadcast as part of a…
The Africa Startup Initiative Program (ASIP) is a program founded by Moh Damush, Telecel Group CEO as a CSR activity. Telecel Group then partnered with Startupbootcamp AfriTech to create the ASIP Accelerator Program which contributes in a meaningful way to the African community to help the young Startups in Africa…
In its continued commitment to enhancing broadband access and internet penetration nationwide, MTN Nigeria has entered into a partnership with Landafrique Nigeria Limited to deploy fibre-optic infrastructure connecting homes and businesses in Agbara Estate. This is following the installation of the same infrastructure in Dakkada Luxury Estate, Uyo, Akwa Ibom…
The National Information Technology Development Agency (NITDA) in continuation of its efforts to address the alarming rates of data privacy abuse by money lending operators, has entered into a strategic partnership with the Federal Competition and Consumer Protection Commission (FCCPC). This was disclosed in a statement by Head, Corporate Affairs…
Clubhouse, the audio-based social media platform, is set to test the strength of its applications as it has launched a bug bounty programme worth $3,000 on HackerOne. The firm made this announcement in a blogpost stating: “While many bug bounty programs promise high rewards for catastrophic-level discoveries, our approach keeps…
Swvl, the Egyptian-founded provider of transformative tech-enabled mass transit solutions, has announced the acquisition of a controlling interest in Viapool, a mass transit platform currently operating in Buenos Aires, Argentina and Santiago, Chile. The acquisition will represent Swvl’s launch of a Latin American marketplace following its pending acquisition of a controlling interest in…
Apple has asked all its employees worldwide to return to the office from February 1, 2022, as the tech company prepares for a hybrid workplace in 2022. According to a report in The Information, Apple will let employees work for up to four weeks remotely each year. Referring to an internal memo sent…
Grammarly, an online editing tool for writing, has raised over $200 million at a valuation of $13 billion. The funding round was led by Baillie Gifford and funds and accounts managed by BlackRock Inc. Founded in 2009 by Max Lytvyn, Alex Shevchenko and Dmytro Lider, Grammarly uses machine learning to…