Fintech specialist e4 has launched a Girls in STEM programme to provide girls in underprivileged areas with the support they need to pursue careers in science, technology, engineering and mathematics (STEM) post matric. Cognisant of the gender imbalance present in the science and technology industries worldwide, and particularly in sub-Saharan…
Author: AdeO
The Central Bank of Nigeria (CBN), has published draft guidelines for the operation of the eNaira, the Central Bank Digital Currency (CBDC). The guidelines which was recently sent to Nigerian banks placed the daily transaction limit of eNaira at ₦50,000, ₦200,000 and ₦1million. Also, the document highlighted the role of the banks…
Enugu State government through the state’s Small and Medium-sized Enterprises (SMEs) Centre has announced the plan to train additional 500 youths in Programming and Product Design. The training is part of the concerted efforts of the state government to create employment opportunities for about 5,000 youths in the state, in…
Hackers are becoming more daring day by day. They have devised sneaky ways to illegitimately access any system, take over it and steal sensitive information. The job will be easier if you have a very weak security network. It is therefore important for you to know the things to do…
Digitizing the transport sector has become inevitable. As the different countries adopted different measures to curb the spread of COVID-19, one of the first sectors to be hit hard was the transport sector as the movement of goods and people came to a standstill. We are seeing the tide turning…
The narrative of Africa is nothing but positive. From time immemorial, Africa has been battling with all sorts of labels. These include lack of infrastructure, inequality, lack of opportunities, high crime rate, overpopulation, bad governance, corruption, and poverty. Many on the continent are already used to the over-flogged statement that…
This past July, Toyota sold the 50-millionth Corolla, a milestone not just in Toyota history, but automotive history, as well. Now in its 12th generation and over 55 years in production, Corolla remains one of the world’s top-selling vehicles, earning buyers’ confidence and trust one car at a time. Toyota…
King of Boys: The return of the king, has dropped on the online streaming platform Netflix making it the first original series out of Nigeria. The movie debuted on Friday and it is a sequel to the original King of Boys released in 2018. King of Boys: The return of…
Twitter will officially start operations in Ghana starting in September according to the Deputy Director Of Diaspora Affairs. In an interview with Asaase Business, Dr Nadia Adongo Musah, the Deputy director for the Diaspora Affairs, Office of the President stated that Twitter is currently interviewing its first batch of employees…
Jumia Ghana has partnered with modern eco-friendly mobility company Solar Taxi to provide affordable and eco-friendly delivery of online orders for its consumers. The partnership is part of ecommerce firm’s plan to achieve a fully green footprint through the use of clean and sustainable renewable energy. The company is also…
African payments company pawaPay, has secured a $9m Seed raise. The round was co-led by MSA and UK-based investment fund 88mph, with participation from Vunani Capital, Kepple Ventures and Zagadat Capital. The capital will be deployed to scale pawaPay’s operational presence, find more talent to join the team, and expand…
The holding company of WorldRemit, WorldRemit Group, has been rebranded to Zepz after raising $292 million in new primary financing, achieving a valuation of $5 billion. Zepz is a digital cross-border payments platform operating two market-leading brands (WorldRemit and Sendwave, acquired in 2021), with over 11 million users across 150 countries.…
Andela, the global talent network that helps companies build remote engineering teams, today announced a new milestone for its developer learning community. Andela L:earning Community (ALC) has now surpassed 100,000 learners. Andela’s Learning Community (ALC) was launched in 2017 with the belief that brilliance is evenly distributed but opportunity is…
PayPal announced that it will launch its cryptocurrency service in the United Kingdom to allow customers in the country to buy, hold and sell digital currencies, starting this week. This launch will mark the first international expansion of PayPal’s crypto product, which was first unveiled in the U.S. in October last year.…
Nigerian fintech startup, Opay has secured a $400 million Series C funding round led by SoftBank Vision Fund 2. The new investment shot Opay’s valuation to $2 billion. Others that participated in the round include Sequoia Capital China, Redpoint China, Source Code Capital, Softbank Ventures Asia, DragonBall Capital, and 3W Capital. Opay…
Odiggo, an Egyptian autotech startup, has raised a $2.2 million seed round with participation from three of the world’s top seed-stage Venture Capitals; Y Combinator, 500 Startups, and PlugAndPlay. The automotive-tech app is on a mission to make car owners’ lives easier by providing a one-stop-shop for everything car-related. Their…
With about 2 years in existence, Utiva has trained over 10,000 individuals in data science, product management, product design, analytics with python and about 20,000 learners through its sponsored masterclass, some of these individuals have gone ahead to transition into tech, gotten new jobs and even relocated to work abroad. …
Awabah, a digital platform providing pension access to Africa’s self-employed, announced its acceptance into the Techstars London accelerator program. The startup makes micro-pension services available to those in the informal sector and those whose employers are not legally required to deduct and remit pension. It will join nine other startups…
CashBackApp, a customer loyalty startup in Kenya, has raised a pre-seed funding round of $475,000 to enable it to scale its services in the country and expand to nearby countries. Lofty Inc, Sherpa Ventures, and Loyal VC were institutional investors in the round alongside angel investors that are based in…
Africa’s Business Heroes (ABH) prize competition, a flagship philanthropic program established by the Jack Ma Foundation, just announced its top 20 semi-finalists for 2021. These 20 entrepreneurs are one step closer to becoming a Top 10 hero with a chance to pitch at the grand finale and gain a share…