Asset & Resource Management Holding Company; ARM, has launched a new and more efficient way for Fintech firms to scale their integration and customer acquisition plans, the ARM Sandbox. The Sandbox allows Fintechs that resell APIs (Application Program Interface), provides e-wallet, investments, and payment services to integrate ARM’s API into…
Author: AdeO
The Anzisha Prize has revealed its top 20 finalists for 2020. Winners will be announced at this year’s Anzisha Prize Conference on the 27th of October, where the programme will be celebrating 10 years of supporting very young entrepreneurs. This year’s application season saw a record number of 1 200 applicants…
Nigeria’s Securities and Exchange Commission (SEC) has said it will begin regulating trade in crypto assets to protect investors and ensure market integrity and transparency. SEC said in statement that digital assets offerings provide alternative investment opportunities for the investing public, noting that it is therefore essential to ensure that…
The opportunities in the edtech industry in Nigeria are yet to be fully unearthed. In the face of these, an edtech startup like Edustripe.com, co-founded by Babajide Esho, is playing a significant and enviable role in digitising the Nigerian education system and ensuring seamless delivery of online education. This has…
Apple has unveiled Watch Series 6 and Watch SE, two new iPad models, and the first fitness experience built for Apple Watch that brings significant developments in health and wellness features to iPhone, iPad, and Apple TV. However, the biggest surprise of the event was that there was no iPhone. iPhone 12 which was…
The destinations of the top executives of Cars45 who ‘silently’ left one of Nigeria’s leading used car company has been revealed. Silently in the sense that it was Cars45 that made everyone know that they have left. What did Cars45 do? They put out a disclaimer that 11 of their…
To celebrate the 60th independence anniversary of Nigeria, the Federal Government has launched a creative challenge to mark the Diamond Jubilee. The Minister of Communications and Digital Economy, Dr Isa Pantami who is the Chairman of the Diamond/Innovation/Change Sub-Committee disclosed this in a statement shared on the Ministry’s Twitter handle.…
The number of mobile messages sent by businesses is set to increase by ten percent to 2.7 trillion in 2020, with increased demand for online retail services a major factor. A study conducted by Juniper Research said the coronavirus pandemic and associated lockdowns had led to a surge in eCommerce…
Wema Bank, creators of Nigeria’s first fully digital bank, ALAT, is spearheading future innovations in Financial Technology with the second edition of its technological expo – Hackaholics 2.0. The digital exhibition is part of the bank’s initiative to expand its digital innovation beyond being the first fully digital bank in…
Startuplist Africa is a data-driven platform that helps you discover and gain insight into the African Startup Ecosystem by providing important data and metrics on individual companies and industries across the continent. The project is run by a team of tech, research and business professionals who are grounded and passionate…
The top 25 finalists in the Next Robotics Legend competition have been announced, following a keenly contested competition that drew over 1,045 entries from children across Nigeria. The Search for the Next Robotics Legend was organised by Edu360 – Union Bank’s education platform- and Awarri, a pan-African technology company founded by Silas…
TikTok, the Chinese video sharing service, has invited African entrepreneurs to join the world-first elevator pitch in the sky event. Boniswa Sidwaba, content operations manager at TikTok Africa Team, said in a statement that all founders of early-stage start-ups in Africa and the Middle East have until Sept. 24 to…
Paxful, a global peer-to-peer bitcoin marketplace, has announced the addition of Tether (USDT) to its platform. USDT belongs to a class of cryptocurrencies known as stablecoins. A stablecoin is a type of cryptocurrency whose value reflects an existing fiat currency (e.g. US Dollars). The inclusion of USDT, the world’s largest stablecoin…
The first virtual class of Google for Startups Accelerator Africa is graduating this week. The first all-online iteration of Google’s accelerator program for African startups has seen 20 startups from 7 countries go through a 12-week virtual journey to refine their offering and undergo mentoring and workshops in key areas such as…
-Plans to convert to a holding company (HoldCo) structure by the first quarter of 2021 Guaranty Trust Bank Plc (GTBank) has started the recruitment process for the role of its chief executive officer currently held by Mr. Segun Agbaje. The tenure of Agbaje is expected to end next year in…
Despite sales rising by 2.5 percent overall, Shoprite Holdings said sales in Nigeria declined to Rand 2.74 billion or $161.4 million in the 52 weeks ended June 2020. The South African retail giant said this was below the R2.917 billion posted in the same period of 2019. Accordingly, Shoprite Nigeria…
Energy Access Ventures (EAV) has announced a follow-on investment in Solarise Africa, a pan-African clean energy and energy efficiency leasing company. The round was led by the French development finance institution, Proparco, which invested the USD equivalent of 4 million Euros in quasi-equity through the AFD Group EU-funded African Renewable…
Cryptofully, a Nigerian Crypto startup has launched the beta version of its payment platform to provide international remittance services that allow for the faster, cheaper, and secure exchange of value from the cryptocurrency (bitcoin) to Naira. In a statement issued by the startup, it was learned that the company unveiled…
Apple has officially revealed this year’s September special event, inviting members of the press and the public to tune in remotely to watch on September 15 at 6 pm Nigerian time. At the event, Apple is expected to unveil all-new hardware including a new iPad Air and new Apple Watch models. Much like…
The WGI Worldwide Company and GE today announced the launch of Lyra, a new app-based education platform that uses innovative advanced speech recognition and touch screen analysis to teach reading and writing. It was co-developed by WGI and GE. The app represents the start of WGI’s transition to a digital…