GreenHouse Lab (GHL), the flagship accelerator program by GreenHouse Capital (GHC), is proud to introduce the eight innovative African startups that have been accepted into its 2021 Fintech Accelerator. These exciting companies represent the cutting edge of Africa’s fintech sector and are led by young tech entrepreneurs solving critical market challenges in…
Author: AdeO
The National Information Technology Development Agency (NITDA) has sanctioned an online lending platform, Soko Lending Company Limited (SokoLoan), for privacy invasion. This action was taken after receiving series of complaints against the company for unauthorized disclosures, failure to protect customers’ personal data, and defamation of character as well as carrying…
Toyota Motor has announced that it will reduce global production for September by 40% from its previous plan, as the spread of the coronavirus in Southeast Asia adds to supply troubles for Japan’s top automaker. The car manufacturer previously planned to build nearly 900,000 automobiles for the month, but that…
The National Information Technology Development Agency (NITDA) has announced the commencement of the Application Process for the Bridge to MassChallenge Nigeria Programme (B2MC). It may be recalled that early this year, NITDA signed a partnership arrangement with MassChallege, a global network of zero-equity startup accelerators. The partnership was aimed at…
Have you built a post-revenue business? Do you have at least five years of experience building a startup? Are you willing to share your experience with young aspiring and early-stage entrepreneurs that are solving some of the world’s most pressing problems through innovation? Then, Savvy is looking for you to…
Daily, more than half of Nigeria’s population, consume information on get-rich-quick packages and incentives in an economy with skyrocketing inflation. From catchphrases such as “Want to double your money in 2 days” to “Earn 30% on your capital in 60 days” pushed on media – the struggle to get people…
MTN Nigeria has appointed Odunayo Sanya as Executive Secretary of MTN Foundation. She replaces Nonny Ugboma who held the position from January 2009 to March 2021. Odunayo Sanya has over two decades of experience in the education, banking, development and telecommunication sectors in Nigeria. She is versed in customer experience…
ZwartTech, a social impact startup that connects businesses with vetted software experts in Africa, has launched a cybersecurity arm to provide comprehensive digital protection to entities including businesses, startups and governments. Tagged Zwart Cyber, the new arm will offer safety and upkeep of prospective clients enterprise networks, systems connected devices,…
JPMorgan has announced the launch of a $20 million fund for black-owned enterprises in South Africa. The fund was launched in partnership with South Africa’s Department of Trade, Industry, and Competition (DTIC). “The South African private sector has a great capacity to multiply impact through partnerships, as we are aiming…
You can transfer contacts from your computer to your iPhone using either iTunes or iCloud. So, keep contact information up to date across all of your devices to ensure you have access to phone numbers, emails and addresses whenever you need them. Here is how to transfer contacts from computer…
MTN Foundation has commenced calls for entries for the fifteenth (15th) edition of the Musical Society of Nigeria (MUSON) 2021 scholarship programme which is open to musically inclined young Nigerians across the country. Since 2006, the MTN Foundation, in partnership with MUSON, has fully funded and developed over 350 music…
Showlove, a Nigerian social platform for gifting, has closed a $300,000 pre-seed round from Fedha Capital, as well as other angel investors. Founded in 2020 by Chikodi Ukaiwe, Joshua Biyere, and Seye Bandele, the company is simplifying the process of requesting, giving and receiving gifts and cash in Africa, while also…
While legislation and the introduction of new regulations aim to combat fraud and corruption, South African businesses have the power to fight financial crimes by ensuring consistent Know Your Customer (KYC) procedures are in place. This is according to Sameer Kumandan, Managing Director of SearchWorks, South Africa’s largest innovative data aggregation…
Mastercard Start Path, an award-winning global startup engagement program, has announced 11 fintech companies that will get dedicated support, access to both customers and product teams, and opportunities to co-innovate. Kwara and Karri are only the two fintech startups from the continent that formed part of the 11 fintech builders. Kwara is a Kenyan…
The Acumen Resilient Agriculture Fund (ARAF) has closed a $58 million impact fund which is the first-of-its-kind equity fund to provide critical capital to support African agribusinesses that help smallholder farmers adapt to climate change. Sponsored by Acumen and anchored by Green Climate Fund (GCF), the fund is supported by…
Zeelo, Europe’s leading smart commuter mobility platform for organizations, has raised $12M to accelerate its expansion in the US, Europe and Africa, investment in its SaaS technology offering, and the continued rollout of fully electric bus shuttle programs. Zeelo has recorded 600% revenue growth over the past 18-months, reaching regional profitability, by supporting companies in logistics and…
The Hague Institute for Innovation of Law (HiiL) has announced the four startups that will go on to the prestigious HiiL Justice Accelerator. The four exciting innovators are part of a global cohort of 18 organisations who will receive EUR 10 000 funding and business development support. Southern Africa’s HiiL…
Rebecca Enonchong, one of Africa’s most influential female entrepreneurs, has been arrested and is being detained at the Gendarmerie Legion in Cameroon without any arrest warrant, according to Edith Kah Walla, the leader of the Cameroon People’s Party (CPP). In a series of tweets, Kah Walla revealed that Rebecca was…
The fashion industry in Nigeria plays an important cultural role and contributes significantly to the country’s economy. Many of the component cultures of Nigeria dress in ways that are unique to their tribal society and customs. However, with the recent increase in western-style clothing, the fashion industry is fast changing…
The Federal Government has announced through the Minister of Information, Lai Muhammed that it plans to lift its ban on the social media platform Twitter soon. The ban has been in place since June 4 after Twitter removed a post from President Muhammadu Buhari that the social media giant said violated platform rules. But Twitter’s decision did…