The Founder Institute, the world’s largest pre-seed accelerator, announced its upcoming Abuja Virtual 2021 program is now accepting applications. The Founder Institute is designed to help anyone build an enduring business that can survive and thrive in this “new normal.” This is achieved through a clear process combined with constant…
Author: AdeO
Coca-Cola has appointed former Safaricom Chief Business Development Officer Debra Mallowah as the new Vice President for the East and Central Africa Franchise. Ms Mallowah also formerly served as General Manager for East and Central Africa at GlaxoSmithKline, Unilever’s Sub-Sahara Africa Vice President and Group Marketing and Innovations Director at…
Apple has surpassed Samsung to become the world’s leading seller of smartphones in the fourth quarter of 2020, according to a new data report by research firm Gartner. Samsung had outsold Apple since the same quarter in 2016.Gartner estimates that Apple sold 79.94 million during the quarter, while Samsung managed…
The Africa FinTech Foundry (AFF), an initiative of Access Bank Plc has commenced its accelerator program. The initiative is set to empower emerging startups, with mentorship programs, advisory and has committed N10 million in cash to the top three finalists. The accelerator program which opened its entries last month, received…
Ecommerce platforms are meeting disruptive and dynamic needs of customers with distribution networks that ensure products are delivered at different locations and doorsteps with ease and speed. A crucial link in the chain is the services of delivery associates/agents who beat huddles to ensure customer expectations are duly met. The…
Apple is one of the most innovative companies in the world and less than 6 months it released one of its flagship products-iPhone 12, the tech company is currently working on iPhone 13. Although Apple has not said anything about the iPhone 13, popular YouTuber Filip Koroy aka EverythingApple Pro…
To enable its customers to physically register for their National Identification Number (NIN) and link it to their SIMs without hassles or payment, Nigeria’s customer-friendly telecommunications company, 9mobile, has begun NIN enrollment in select Experience Centres across the country. The centres where customers can register effortlessly and free of any…
Visa has announced the 2021 edition of the Visa Everywhere Initiative – a global innovation program and competition for fintechs. This year, the focus is on expansion and accessibility, with Visa offering a one-stop experience to register and learn about upcoming opportunities and competitions – via the global website. Fintechs started by everyone, everywhere…
Publiseer, the digital distribution firm, has announced that it has secured a new distribution partners for its ebooks and audiobooks. As from this week, the firm will start distributing its ebooks and audiobooks on Flamingo Fiction. Flamingo Fiction, a Media365 platform, is a new mobile reading application that is specifically targeted…
Uncovered Fund has launched a $15 million venture capital fund to invest in early-stage African startups. The VC firm founded by Takuma Terakubo in 2019 will invest $50,000 to $500,000 in African startups in seed and Series A stages. Before Uncovered Fund, Terakubo was the CEO of Leapfrog Ventures. Together with Japanese…
gnuGrid, a Ugandan energy startup, has secured a US$250,000 funding round to expand its services to more Ugandans, help it connect off-grid solar companies, and enter new markets in Africa. The funding round comes from US-based investors and Uganda’s Credit Reference Bureau (CRB). This brings the total disclosed investment secured…
Every entrepreneur wants loyal and dedicated customers. The dream is to have patrons who choose to come back again & again and who, over time, develop a personal identification with the product or service that they use. Below are important tips to build and sustain customer loyalty. Develop relationships not…
Nigeria’s first 100% plant-based food tech, VeggieVictory, has closed a pre-seed round from Sustainable Food Ventures (SFV), plant-based VC firm Capital V, Swedish vegan investor Kale United and Thrive Worldwide. VeggieVictory’s latest injection capital comes shortly after it attracted angel funding from a number of veterans in the vegan industry, including Anant Joshi, the founder of…
Spotify has announced that it’s adapting a “Work from Anywhere” model, which will allow employees to choose whether they want to be in the office full time, be at home full time, or a combination of the two. The company will also introduce more flexibility around locations, so employees will be able…
ByteDance Ltd. is said to be negotiating a sale of the Indian business of TikTok to rival unicorn Glance, in an attempt to resuscitate the once-thriving short video sharing app that has been banned indefinitely in the country.The discussions have been initiated by Japan’s SoftBank Group Corp. conglomerate. SoftBank is a backer of…
Connected Analytics, the parent company of ThankUCash, a rewards and loyalty platform for banks and businesses in Africa has secured an undisclosed pre-Series A funding. The funding round was led by Hong Kong’s Betatron Venture Group. Also participating in the round are Accelerex Holdings, San Francisco’s Predictive VC, 500 Startups…
Bitcoin soared to new highs following the decision of America’s oldest bank, BNY Mellon to support the world’s most valuable cryptocurrency. BNY Mellon on Thursday said it is exploring how to allow cryptocurrency assets to pass through the same financial network it uses for more traditional holdings such as stocks…
Visa today announced a partnership with logistics provider, GIG Logistics (GIGL), to introduce special eCommerce Tariff for Small Businesses in Nigeria. The collaboration allows merchants who have signed up on the Visa Small Business Hub access to a discounted tariff plan for their logistics needs with the foremost logistics provider. SMEs…
Xend Finance, the first decentralized finance (DeFi) platform for credit unions and cooperatives, today announced that it has raised additional investments from new investors, led by NGC Ventures and HashKey, bringing the total raised in the company to $2 million. Previous investors include Binance Labs, Google Launchpad, AU21 Capital, and…
As e-commerce on the continent continues to grow in leaps and bounds, payments, side by side with logistics, is something that sellers all over from Cairo to Lagos continue to work hard to figure out. With many economies struggling amidst unfavorable government policies, businesses on the continent are always on…