Bosch and Founders Factory Africa are looking for African Smart Mobility startups, who are solving mobility issues in Africa. Winners will enjoy a share of a 30,000 US dollar cash prize and a potential opportunity to join a Bosch accelerator program. Smart Mobility start-ups across all countries in Africa can…
Author: AdeO
GrowthLab, formerly known as Starta, a membership platform for educating entrepreneurs in Africa on how to build high growth business, has partnered with Seedstars, the leading emerging market startup community and investor, to launch Seedspace GrowthLab on September 20, 2019. Located in the brand new business centre at Circle Mall,…
Huawei, the second-largest smartphone manufacturer in the world has launched ‘HarmonyOS’ its much-anticipated operating system that is sure to rival Google-owned Android OS. Richard Yu, the head of Huawei’s consumer business, said that the new system, called HarmonyOS or HongMeng in Chinese, would “bring more harmony and convenience to the world”.…
Innovate 1 Pay, a leading Nigerian payment gateway and fintech startup has expanded its footprint into the Middle East market by opening an office in Dubai. The Dubai office of Innovate 1 Pay is aimed at providing easy and seamless money transfer services to the African expatriates residing in Dubai and…
Match Group, the parent company that owns different dating websites and apps including Tinder, OkCupid, PlentyOfFish, and Match.com has acquired Egyptian online dating startup Harmonica. Founded in early 2017 by Sameh Saleh, Tamer Saleh, Shaymaa Aly & Aly Khaled, Harmonica’s app is carefully designed for Muslims and helps users find a…
Obama Foundation has hired Nigerian Adewale Adeyemo as the first president of the Obama Foundation. Mr. Adeyemo, whose parents migrated from Nigeria to the U.S in search of a better life, served the U.S government in 2015, under President Barack Obama, as the Deputy National Security Advisor for International Economics and…
Apple CEO Tim Cook said the Apple Card would arrive in August on the company’s last earnings call, and here it is: Apple’s new credit card, issued in partnership with Goldman Sachs, will begin a “preview rollout” today, and then become broadly available to all iPhone owners in the US later this…
Elon Musk’s The Boring Company will launch its China branch later this month, Musk has confirmed on Twitter. Musk announced this past Friday in response to a Twitter user’s post regarding his upcoming China trip for the 2019 World Artificial Intelligence Conference to be held in Shanghai from Aug 29…
There is a wide gap between what obtains in the real world and what you are taught in school. As a youngster, you have pristine ideas, incredible dreams, and gargantuan goals. However, when the reality of life hit you, you are most likely to renege from or scale back your…
MoneyFellows, an Egyptian fintech startup has secured over $1 million in a bridge round (Pre-Series A) from 500 Startups and Dubai Angel Investors. Founded in late 2016 by Ahmed Wadi, MoneyFellows is digitizing concept of money circles (Rotating Credit & Savings Associations), commonly known as gam’eya in Egypt and other Arab countries.…
To commemorate this year’s Pan-African Women’s Day and in line with the global theme which addresses maternal and neonatal mortality in Africa, the female staff of Jumia Nigeria have rallied support for new mothers and other patients who couldn’t meet the discharge requirement as a result of unpaid medical bills…
The combined global smartphone market share of Chinese smartphone-makers Huawei, Oppo, Vivo, Xiaomi, and Realme (HOVXR) reached 42 percent — the highest ever — even as global smartphone shipments fell by 1.2 per cent year-over-year (YoY) to 360 million units during the second quarter of 2019, making it the seventh…
As part of efforts to promote innovation in the education sector, Union Bank has announced the launch of the 2019 EdTech Challenge. The edTech Challenge is the third edition of the annual Innovation Challenge series and aims to discover, showcase and support innovative, cutting-edge technologies with the potential to transform Nigeria’s education…
The Tony Elumelu Foundation (TEF), which has been at the forefront of advocating for entrepreneurship as the catalyst for the economic transformation of Africa, convened the 2-day Forum on the 26th and 27th of July at the Transcorp Hilton Hotel, Abuja, Nigeria’s seat of government. The event convened over 5,000 participants from 54 African countries, including representatives…
Leading eCommerce platform, Jumia Nigeria brought its anniversary celebration to a finale by donating homecare products and reading materials to the Nigerian Red Cross Orphanage Home located at Makoko, Yaba. The company also donated over 300 protective wear and safety items to the Lagos State Traffic Management Agency (LASTMA). In…
There may have been a steady growth in the Nigerian tech ecosystem, however, there is still a long way to go for Africa’s largest economy. This can be deduced from the underperformance of the country in the 2019 Global Innovation Index launch in New Delhi, India, on Wednesday, July 24, 2019. Nigeria…
VoguePay Limited, an international online payment gateway, has emerged the African Online Payment Platform of the year at the 9th edition of the African Achievers Award 2019 at House of Commons, Palace of Westminster, United Kingdom. The African Achievers Awards has consistently honoured great Africans in Leadership, Young Achievers, Community…
Federal regulators have fined Facebook $5 billion for privacy violations and are instituting new oversight and restrictions on its business. The fine is the largest the Federal Trade Commission has levied on a tech company, though it won’t make much of a dent for a company that had nearly $56…
Hseven has launched a startup acceleration program dubbed ‘Disrupt Africa’ that is designed for entrepreneurs in Morroco and African entrepreneurs in the diaspora. The program lasts for six months and offers a seed investment of €150,000 as well as €500,000 and €1.5 million of eventual investment. Hseven Disrupt Africa targets high-impact…
The Central Bank of Nigeria has granted operating licenses to three new financial institutions in the country. According to updated records for financial institutions posted on its website, the apex bank approved TAJ Bank Limited as a non-interest bank on July 3, 2019. The other two financial institutions are Titan Trust…