The 2020 Mastercard Index of Women Entrepreneurs (MIWE) has once again ranked Uganda (39.6%), Botswana (38.5%), and Ghana (36.5%) as the world’s three leading economies having the most women business owners. The Index’s benchmark indicator is calculated as a percentage of total business owners, and all three countries have grown…
Author: AdeO
Google today announced a number of initiatives across Kenya, Nigeria and South Africa, bolstering its continued efforts to keep children, young people and families safe online. Aligning with the theme of this year’s global Safer Internet Day, “Together for a better Internet”, Google has teamed up with several organisations across the…
The Federal Government is considering replacing the Bank Verification Numbers (BVN) with the National Identity Numbers (NIN), the Minister of Communication and Digital Economy, Isa Pantami has said on Monday. Mr Pantami disclosed this while briefing journalists after a facility tour and inspection of the ongoing NIN enrolment exercise at NIMC and other designated…
Tesla, the electric car company run Elon Musk, has disclosed that it bought $1.5bn in bitcoin and said it might soon accept payment in the popular cryptocurrency. News of Tesla’s investment in bitcoin sent the digital currency soaring 14% to a record high of $43,500, a 300% increase on this…
9mobile has announced the launch of its 4G Long-Term Evolution (LTE) network in the city of Ilorin. This latest addition to the ever-expanding 4G coverage from 9mobile will make it possible for Nigerians in the historic city to join a growing number of 9mobile customers across the country already enjoying…
Artificial Intelligence is one of the most exciting developments we have seen in science and tech in recent years. Let’s take a look at some of the ways we are seeing this move into our everyday lives. Artificial intelligence has been one of the most intriguing parts of science fiction…
The second wave of the covid-19 led by the more deadly variants of the virus is a serious cause of concern for authorities across the globe. Though vaccines have been devised for curing covid-19 infections, prevention is still recommended as the best antidote to the virus. Hence, individuals are urged…
Application for the 2021 Savvy Global Fellowship Program for Aspiring and Early-Stage Entrepreneurs is now open! Are you passionate about solving some of the world’s most pressing problems through innovation? Have you ever wanted to build a successful impact-driven business, but didn’t know how to? Do you own an early-stage…
Cars45 and Asharami Synergy, a Sahara Group Downstream Company have announced a partnership to deepen transparency and increase consumer satisfaction in Nigeria’s automotive industry. The partnership leverages Asharami’s gold standard in safety, reliability, and top-quality products — superior monograde & multi-grade lubricants and Cars45’s best-in-class services across the automotive value chain (buy,…
Rise Vest, a digital wealth management platform, has partnered with ARM Trustees Limited. ARM Trustees Limited will serve as Rise Vest’s trustees and monitor how clients’ funds are managed and used by Rise Vest. In a tweet by Rise Vest announcing the partnership, users can now be assured of their money being…
AgroCenta, a Ghanaian-based agritech startup has raised $790,000 funding from UK charity Shell Foundation, the UK’s Foreign, Commonwealth and Development Office (FCDO), AV Ventures and Rabo Foundation. The investment will enable AgroCenta to further develop its smallholder farmer inclusion programmes and procure crops at transparent and fair market prices to…
Myanmar’s new military government has blocked access to Facebook in the nation. The move comes amid growing calls for civil disobedience to protest the ousting of the elected government and its leader, Aung San Suu Kyi. Facebook users said service disruptions began late Wednesday night. “Telecom providers in Myanmar have…
Nigeria, Kenya, South Africa, and Egypt attracted the most investment in Africa in 2020. The four countries accounted for 77 percent of funded startups, and 89.2 percent of total investment in last year. This is according to the yearly African Tech Startups Funding Report 2020, released by startup news and…
In 2018, Carbon, a Nigerian fintech startup, made its financials public for the primary time. Though typical for overseas non-public startups, it’s virtually an anomaly in Africa. There have been uncommon circumstances in the previous, for example, when Rocket Web needed to embody Jumia’s financials in its yearly experiences after going…
Uber is acquiring the digital alcohol delivery service Drizly for $1.1 billion in stock and cash, according to a report by CNBC. Once the deal closes — which is expected to happen sometime this year — Drizly’s platform will be folded into the Uber Eats app, but the standalone Drizly app will still be…
Chinese smartphone maker Xiaomi is suing the US over its inclusion on a blacklist of Chinese companies. Xiaomi, which is one of the world’s largest smartphone makers, was last month placed on a record of companies that the US deemed to have links to the Chinese military – a claim the company…
More than four million Internet Procol addresses have been misappropriated in what has been called Africa’s greatest internet heist. The extent of the theft, which first drew red flags back in 2016, has now been fully uncovered, revealing a trail of corruption, coverups, and a burgeoning black-market trade. The results…
One Kiosk Africa is aiming to become the Instacart of Africa. The co-founder and CEO of the startup, Adeshina Adewumi via One Kiosk Africa wants to contribute to the digitization of 1 million SMEs in the next 5 years in Nigeria and across Africa. In this, Adewumi tells us more…
Google has committed $10 million (Ksh1.1 billion) to support economic recovery in Kenya, which has been battered by the effects of the Covid-19 pandemic. “To continue to support the economic recovery in Kenya, we are committing an additional $10 million to go towards loans for small businesses, support for tech…
Cowrywise, a Nigerian fintech startup, has raised a $3M pre-series A funding round, led by Quona Capital. This is Quona’s first investment in Nigeria. Others participating in the round include Sahil Lavingia, Tsadik Foundation, and a syndicate of Nigerian angels. Cowrywise which was founded in 2017 by Razaq Ahmed and Edward Popoola offers…