Author: AdeO

Founders Factory Africa (FFA) has announced the selection and investment into its first five fintech startup businesses in Africa. Founders Factory Africa is a South African company operating across Africa delivering a corporate-backed accelerator and incubator. It is building and scaling 140 tech-based startups across four sectors over the next…

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Sony offers a diverse range of products and services, from Bravia TVs to PlayStation gaming consoles to Xperia phones. Now it can add yet another item to that list: a taxi-hailing app. The company launched the Uber-like S.Ride app in Tokyo today. That “S”, according to advertising, stands for three words, none of which are Sony: “simple”, “smart”…

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Series A funding is usually raised by early-stage startups. It is one of the most difficult to raise become the business is just growing. Only a handful of investors are ready to bet on a business that is two or three years old. However, you should not be discouraged from…

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Apple and its contract manufacturers are suing chip maker Qualcomm for a whopping $30 billion in a battle set to be the world biggest case of its kind. The firms that assemble the iPhone such as Foxconn, Compal, Pegatron, and Wistron are seeking $30 billion in damages from Qualcomm, claiming…

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Jumia Technologies AG, the leading pan-African e-commerce platform, has officially announced its listing on the New York Stock Exchange. This listing is the result of team success, and all the Jumia employees across Africa rang the “bell” at the same time in each country and in New York, this listing…

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Wikileaks co-founder Julian Assange has finally been arrested after seven years of residing in the Ecuadorian embassy in London. Mr Assange took refuge in the embassy seven years ago to avoid extradition to Sweden over a sexual assault case that has since been dropped. The Metropolitan Police said he was…

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When you sign up for Apple Music, the streaming service comes with a free trial. If, after your time is up, you decide you don’t want to start paying for the service, you’ll need to take a couple of minutes to cancel your subscription before it auto-renews and you’re charged…

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Ubongo, a Tanzanian-based company which creates fun, localized and multi-platform educational media that reaches millions of African families through television and the webs, has won the Next Billion Edtech Prize. The award was launched by The Varkey Foundation to recognize innovative technology that can have an impact on education in…

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25-year-old Nigerian fintech entrepreneur Odunayo Eweniyi was voted one of the Top 100 Inspirational Women in Nigeria. Forbes Africa named her one of the top 20 young wealth creators in Africa. In under three years, her startup PiggyVest has helped over 230,000 African millennials invest and save over $15 million, reversing…

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Paylater, the Nigerian fintech company specializing in consumer lending has confirmed its much-anticipated name change in light of its growing banking services. Re-launching as “Carbon”, the rebrand reflects the company’s deliberate transition to a fully-fledged digital financial services platform that now offers bill payments, fund transfers, and savings products, in addition to…

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