The Tony Elumelu Foundation (TEF), Africa’s leading philanthropy dedicated to empowering African entrepreneurs, has opened applications on its TEFConnect digital platform. This year’s intervention prioritises the economic recovery of small and medium scale enterprises (SMEs) and young African entrepreneurs, following the Covid-19 disruption to economic activities. To address the unique…
Author: AdeO
Holiday shopping is already in full swing. Unfortunately, this also means there will be more cybercrimes and card-not-present fraud. Don’t let cyber thieves ruin your holidays. Use these cybersecurity tips to protect yourself online during this holiday season. Be skeptical Cybersecurity online during the holiday season starts with being skeptical.…
Shago Payments Limited, a new fintech startup in Nigeria, has launched an e-commerce and bill payment platform to support the underserved, unbanked and merchants in rural communities. According to Shago Payments, the new platform was designed to change the face of e-commerce in Nigeria, especially the rural areas, by introducing an…
Elon Musk, founder and CEO of Tesla has revealed that he once attempted to sell his electric car company to Apple. However, he could not take any step or action on the purported sale because Apple CEO Tim Cook did not respond to a requested meeting Although Musk did not…
Reports indicate that facilitating the Macro, Small, and Medium Enterprise (MSME) transition from offline into the digital economy will drive economic growth and job creation in Africa. In addition, the continent requires the right policy framework and narratives for the digital economy to thrive. The Chairwoman, Jumia Nigeria and Head…
Asset and Resource Management Holding Company (ARM), and Ventures Platform Foundation have launched the third cohort of Labs by ARM, a FinTech-Focused Accelerator Program designed to support the best post-MVP startups solving the most challenging problems in the financial industry and enterprise. The 12-week program will engage selected startups in a series of activities…
The new partnership will allow Carticard to distribute loans through prepaid cardsCarticard offers services to small merchants, skilled laborers, and small farmers, in an effort to incorporate more people in the digital economyThe new partnership reinforces Mastercard’s commitment to support local fintechs and drive financial inclusion Mastercard has announced a…
Google, the global tech giant, has led an investment of $145 million in InMobi’s social media startups Glance and Roposo, which are divisions of InMobi’s mobile app marketing business. The deal is a boost for India’s tech market, where InMobi and multiple other unicorns have surfaced in recent years. Glance makes a lock-screen platform that…
The African Development Bank has announced 20 finalists of the AfricavsVirus Challenge who will receive a grant of up to $20,000 as well as access to business development and other in-kind services. The Top 20 Winners, announced during a virtual event held Friday, have been selected from a shortlist of a hundred…
The Federal Government has extended the deadline for the registration of the National Identification Number (NIN) by telecommunication service subscribers. The ministry of communications and digital economy made this announcement in a statement on Monday. The Nigerian Communications Commission (NCC) had given telecommunications companies a two-week ultimatum to block SIM cards not…
9mobile has announced the launch of its intelligent portal for instant verification to help its customers link their SIM cards with their National Identification Number (NIN). The Online Self-Service NIN update portal, which has already gone live on the 9mobile website, enables subscribers to verify and update their NINs instantly. This…
MTN Nigeria has been announced as Brand of the Year awards by two of the most prestigious Marketing and Communications award ceremonies in Nigeria. The ICT and Telecommunications company received these awards based on its outstanding marketing and CSR activities within the past year. At the second edition the prestigious…
As part of continuous efforts to deliver a seamless user experience, Paxful, a global peer-to-peer crypto marketplace, has introduced Carbon as one of the payment methods to its platform. The addition will enable users to apply for loans, invest, view credit reports, and track expenses. The partnership will allow Paxful users on…
Seedstars and Shell Foundation have joined forces to look for sustainable, scalable and innovative startups addressing universal access to energy-related challenges, as well as sustainable agriculture, mobility and transportation. With support from the UK Foreign, Commonwealth & Development Office (FCDO), they are launching the Energy, Mobility and Agriculture Innovation Program…
Black Friday, the biggest sales event of the year, has come and gone. In the aftermath, global sale platforms, as well as sellers are taking stock of sales proceeds, customer reach, engagement and leverage the shopping window has given their various brands in what has been a rollercoaster year for…
The Honourable Minister of Communications and Digital Economy, Dr. Isa Ali Ibrahim (Pantami), has approved the licensing of 173 private sector Agents and 30 State Governments/Public Sector Institutions to conduct enrolment of Nigerians and legal residents into the National Identity Database (NIDB) on behalf of the National Identity Management Commission…
Technology-based businesses received a huge boost in 2020 and businesses without digital footprints were forced to review their operation model, as Covid-19 crippled global economic activities for the most part of the year. Most of these tech-inclined shifts will become part of the new normal. E-commerce gained more traction in…
Twitter has announced that it’ll be shutting down Periscope as a service, with the company set to discontinue the Periscope applications by March 2021. Regardless, Twitter will continue to offer live video streaming through its integrated Twitter Live feature within the main Twitter app. “The Periscope app is in an unsustainable maintenance-mode…
Mastercard has partnered with Junior Achievement Nigeria (JAN) to help bridge the digital and financial literacy gap amongst school students and young adults in Nigeria. Through a series of programs, the students will be equipped with the essential skills to prepare them for future success as digital entrepreneurs. JAN is…
FMO and Cathay AfricInvest Innovation have announced their investment in Aerobotics, a South African AgriTech startup developing intelligent tools to feed the world. Aerobotics enables tree and fruit farmers not only to monitor their crops but also to increase their overall yield and reduce their footprint, through a combination of…