Wicrypt Network, the first standalone blockchain-based WiFi sharing network from Africa, has announced the closing of $1.5 million in funding. The round is being led by AU21 Capital, with participation from Polygon founder Sandeep Nailwal, Cardano’s Occam, Inclusion Capital, Outlier Ventures, Chain Capital, Pluto Digital Assets, Onega Ventures, N7 Labs,…
Author: AdeO
Kwara, a digital banking fintech startup, has partnered with Kenyan-based insurance technology company, Lami Technologies, to provide Savings and Credit Co-operative Society (SACCO) members in Kenya with affordable and insurance products through its digital platform. The partnership will allow SACCO members to conveniently access innovative insurance products ranging from health, general, life, business,…
With the best intentions, many people turn to Google when trying to improve their financial health. And five minutes later, they give up. Why? Because searching for “how to improve financial health” delivers no less than 83 ‘steps’ to do so on the first page of the search results. Any…
Netflix now offers more than just movies and series. It also hosts a handful of mobile games. As long as you have an active Netflix subscription, you can play these games for free. They have no adverts or in-app purchases. What Are Netflix Games? Netflix has made its move into…
Netflix recently launched its first games worldwide as it looks to break into the game subscription market. The only problem (if you want to call it so) is that the games are only available for Android users. iOS users will have to wait for Netflix to find its way around Apple’s…
Appetito, an Egyptian grocery delivery startup, has announced that it has raised $2 million in a Pre-Series A round that will be used to accelerate its plans to scale rapidly. Led by US-based early-stage VC, Jedar Capital, the investment also saw participation from Ghana-based Golden Palm Investments and US-based DFS…
Startup Wise Guys, Europe’s most experienced startup accelerator and one of its most active investment funds, has opened applications for its new program focusing on digital, B2B SaaS startups in East and West Africa. Selected startups will be invited to participate in a rigorous, online accelerator that includes up to…
You have a Zoom meeting, but your normal work-from-home space is occupied, or a mess. You have no time to clean it up, or find a neutral. Well, you don’t have to panic as there are options built right into communication platform to hide the space behind you. This is called background…
The Kigali International Financial Centre (KIFC) has announced the establishment of the Virunga Africa Fund I, a $250 million fund that will invest in crucial sectors driving Africa’s economic and social transformation. The fund will support key sectors that will help Africa achieve economic and social transformation. The Kigali International Financial Centre is…
ThankUCash, a Nigerian rewards and discounts platform, has partnered Wema Bank to power the bank’s loyalty reward programme for its merchants and customers. The partnership will see ThankUCash using its multi-merchant reward network to deploy a loyalty infrastructure with an enormous backend technology needed to support the Wema Bank’s loyalty…
Google has opened applications for its three-month virtual accelerator programme for startups located in Algeria, Botswana, Cameroon, Côte d’Ivoire, Egypt, Ethiopia, Ghana, Kenya, Morocco, Nigeria, Rwanda, Senegal, South Africa, Tanzania, Tunisia, Uganda, and Zimbabwe. Successful early-growth stage startup applicants (from seed to Series A) will gain access to equity-free support…
Opibus, Sub-Saharan Africa’s leading electric vehicle manufacturer, has raised $7.5 million in funding led by Silicon Valley fund At One Ventures, further supported by Factor[e] Ventures and Ambo Ventures managed by former Google and Uber executives. The investment is the largest ever in an electric mobility company in Sub-Saharan Africa and is…
Ampersand, Africa’s first electric motorcycle company, has secured a $9 million loan facility from the U.S. International Development Finance Corporation (DFC) to expand its operations in Rwanda and Kenya. The deal represents DFC’s first loan for electric mobility and signifies increasing investor confidence in Africa’s rising e-mobility sector. Headquartered in…
AURA, the South African security and medical response marketplace, has appointed David Myers as its Chief Operations Officer. Previously a General Manager and Regional Operations Lead at Uber for Europe, the Middle East & Africa, Myers brings with him decades of experience that will stand him in perfect stead for…
Savvy, an entrepreneurial support organization, has secured an extra $25,000 in grant funding, which is their second grant for this year. Earlier in the year, Savvy secured $15,000 in grant funding from The Roddenberry Foundation through its Catalyst Award. Now, it secured $25,000 as one of the 10 winners of the Global…
The federal government has again extended the deadline for Nigerians to link their lines with their National Identity Numbers (NIN). The deadline was to elapse on Sunday October 31, but the government has moved it to end of the year. This was disclosed in a statement jointly signed by the spokespersons…
Mastercard has partnered with MoneyFellows, a collaborative group lending and savings platform, to offer MoneyFellows customers a range of new digital solutions and services that will help drive the expansion of Egypt’s digital economy. MoneyFellows has taken the traditional group lending and savings model, or “Game’eya” as referred to by…
Decades ago, there was nothing like the Nigerian tech ecosystem. What Africa’s most populous country was the government as an employer of labour on one side and all sorts of businesses and SMEs on the other side. Regardless, with a rise in mobile and internet penetration (51.44% in 2021) and…
The emergence of a sex tape involving one of Nigeria’s favorite pop stars, a boxing bout considered one of the biggest of the year, and a protest to honor those who died during the EndSARS protests of 2020, are some of the trending topics on Google in October. Earlier this…
Microsoft has overtaken Apple to become the world’s most valuable public company. The change follows Apple’s most recent earnings, where the company posted strong results but revealed that it lost $6 billion to supply chain constraints. Microsoft also shared positive earnings boosted by Office, Windows, and its cloud products. At Friday’s market…