Flat6Labs, an early-stage VC firm, has announced the second close, and increase of its Tunisia-based Anava Seed Fund (ASF) from $3 million to $10 million, expanding its impact through world-class startup programs across the North African markets. This is following a recent second close of Egypt-based Flat6Labs Accelerator Company fund (FAC) to $13…
Author: AdeO
As the October 1st, 2022 date of the eNaira is just around the corner, more details have emerged about the Central Bank Digital Currency (CBDC) with the launch of the website. eNaira is a Central Bank of Nigeria-issued digital currency that provides a unique form of money denominated in Naira.…
The lifeline of every business is the customers. These customers or stakeholders include the suppliers of the raw materials needed for the business to manufacture its offerings, the employees or human resources who engage in the production, and the customers who are the end-users and the most important stakeholder in the cycle.…
Pravica, a communication platform using Blockchain technology to empower user privacy and security, today announced a direct investment from Crypto Valley Venture Capital. With this latest investment, Pravica is now in a strong position to scale up its operations and to continue to expand its messaging app to users. By…
Finclusion Group, the African fintech startup, has announced the acquisition of a strategic stake in HelloHR, a South African payroll software startup. The acquisition is coming just a few weeks after the startup raised a $20 million debt funding from Lendable. The acquisition forms part of Finclusion Group’s strategy to…
Zola Electric, the Amsterdam-based renewable energy firm, has a $90 million investment comprising $45 million of equity and $45 million of debt. The equity part of the funding was led by TotalEnergies Ventures – the venture capital arm of TotalEnergies SE, DBL Partners, Helios Investment Partners, Vulcan Capital, plus Lyndon…
Your smartphone can do so many things including managing and organising your life and doubling down on your productivity. This can be done by using the apps (some of which you have to download) on your smartphone. Whether you are using Android or iOS, It does not really matter. The…
Normally, sharing pictures or image files directly on WhatsApp will compress them and reduce the resolution and its quality. The messaging app does this for the efficient transmission of data. While on a phone screen nothing changes much, the picture loses much of its finer details. There is another way…
If you have been struggling with views on your YouTube channel, a solution you should try is adding hashtags to your videos. Aside from shooting quality videos and having a considerable number of followers, using hashtags is your best next best action to boost views. The more the views, the…
Facebook-owned WhatsApp is working on a feature for payments called “cashback” for its Indian users. This is coming after enabling a new payment chat shortcut, to quickly send payments from the chat bar. With this new feature, users can receive cashback from using WhatsApp Payments after 48 hours, according to…
Ghana, Kenya, Rwanda, Tanzania, Uganda, and Nigeria are the countries that Chipper Cash, the African cross-border payment startup, has unveiled its payment service. It had no presence in Southern Africa. Today, the startup has announced that it is ready to offer its payment services in South Africa. Some of the…
The two biggest fintech in Nigeria-Flutterwave and Paystack-appear to be in a race for whom to get the most partnership. Earlier this year, Flutterwave announced that it businesses on its platform can now accept payments through Paypal. The unicorn also recently disclosed it is also working with MTN to ease…
It is always advisable to have the latest update especially if it is software-related. For iPhone users, Apple has released iOS 15, alongside iPadOS 15 and watchOS 8. They are all available for download. There are FaceTime enhancements, better mapping, new notifications, and exciting things you can do with your photos.…
When the Central Bank of Nigeria (CBN) ordered banks and other financial institutions not to provide any support for cryptocurrency transactions, you would have thought that was the end for digital currency in Nigeria. No says the CBN. Godwin Emefiele, the Governor of Nigeria’s apex bank even said that digital…
Connecting retailers to suppliers can be cumbersome. However, with digitisation, the distribution process has been made seamless. In several simple steps, retailers can easily be connected to a wide range of suppliers or manufacturers. This is perhaps why investors and venture capitals are investing heavily in the B2B eCommerce marketplace…
Fintech startups in Nigeria are mainly focused on enabling money transfers and providing financial services to the unbanked or the underbanked. For a fintech like Infibranches, their approach is different even though they offer digital payment services to solar energy providers. This is perhaps the first fintech to offer this…
The much-talked-about cryptocurrency and digital ecosystem developed by Akon-Akoin-has been launched in 9 African countries plus the United States. These African countries are Burundi, the Central African Republic, Egypt, Ethiopia, Guinea, Guinea-Bissau, Mali, Tunisia, and Uganda. Akoin which was created to improve social opportunities and access for African entrepreneurs will…
Diaspora startup investment program seeks to create opportunities that unlock investment for high-growth startups in Kenya, Somalia & Ethiopia. So, if you are running an impact-driven, high-growth startup in Kenya Somalia & Ethiopia, that is a sector-agnostic business, creating impact with the potential to achieve hockey stick growth & in…
Education has been identified as the ultimate route to escape poverty. It is widely held that if you attend school, graduate, and get a lucrative job, your economic status will automatically be boosted or improved. This is still the case in today’s competitive world. However, it is hugely dependent on…
YouTube has been a popular source of videos, music, and movies. To download videos on the Google-owned video streaming platform, you do not need to download any software. There are several platforms that can help get any YouTube in simple steps. Below, we share some of these platforms. SaveTube As…