Author: Staff Writer

vivo Smartphone has unveiled its latest smartphone as an addition to the Y-series, the vivo Y53s in Kenya. The device, which was teased to go by the slogan ‘Clear shot, Unlock more fun’ will now be available from today both offline and online stores. The device that comes with a…

SA artificial intelligence (AI)-driven Insurtech startup, Naked, announced that it has raised R160 million (US$11 million) in a funding round led by Naspers who invested R120 million (US$8.3 million). Other participants in the round include existing Naked investors, Yellowwoods and Hollard. According to Naked, the funds will be used to…

MTN Nigeria, the largest mobile telecoms company in Nigeria, has appointed Adia Sowho as the Chief Marketing Officer and Shoyinka Shodunke as the Chief Information Officer of the company. According to Karl Toriola, CEO, MTN Nigeria, while commenting on the unaudited results for the half-year ended 30 June 2021, ” we further…

Nigerian Online digital printing startup, Printivo, announced that CEO Oluyomi Ojo is stepping down from daily operational duties to join the Board while Temitope Ekundayo and Ibukun Oloyede will now become co-CEOs. Prior to their appointment, Ibukun has served as the co-founder while Ekundayo served as the Chief of growth and strategy, and…

Bolt, the Estonian ride-hailing company, announced that it has closed a €600 million funding round, increasing its valuation to more than €4 billion. This new funding round was led from a range of investors including Sequoia, Tekne, and Ghisallo, G Squared, D1 Capital, and Naya. According to the company, the funds…

Kuda, a Nigerian digital bank, has raised $55 million in a Series B funding round co-led by existing investors – Valar Ventures and target Global, including SBI and a host of previous angel investors. This follows a recent raise of $25 million led by by Valar Ventures, the firm co-founded and…

Effective 1st of September 2021, Google will no longer allow Sugar Daddy or Sugar Mummy apps on Google PlayStore; i.e.apps that promote compensated sexual relationships (i.e. sugar dating). The tech giant mentioned this as part of the upcoming update on the inappropriate content policy to institute new restrictions on sexual content, specifically prohibiting…

Whether you’re looking for specific electronic components or are on the hunt for a new distributor, this blog can help you to find your perfect match online. The digital world isn’t always easy to navigate and you might be feeling more than a little lost. Luckily, there’s more than one…

Airtel Money Commerce (AMC), a subsidiary of Airtel Africa, has secured $200m from Qatar Investment Authority. This follows the recent $200 million investment by TPG’s The Rise Fund and the $100 million investment by MasterCard. AMC BV is the holding company for several of Airtel Africa’s mobile money operations; and…

The Lagos state government announced that it will soon commission its newly introduced vehicle registration portal to allow residents renew their vehicle licences online. The go-live date for this portal is August 1, 2021. According to Mrs. Lape Kilanko, the General Manager of Motor Vehicle Administration Agency (MVAA) in a recent…

In a significant policy shift, the Central Bank of Nigeria (CBN) has announced the suspension of foreign exchange (FX) sales to Bureau De Change (BDC) operators across the country. The decision was unveiled by Godwin Emefiele, the governor of the central bank, during the conclusion of the monetary policy committee…

In a bid to give young people a safer, more private experience, Facebook-owned Instagram announced that it is defaulting young people into private accounts when they join the social media platform. So starting this week, everyone who is under 16 years old (or under 18 in certain countries) will be…

Yes! Samsung has confirmed that it will launch a Galaxy Z Fold3 with S Pen support. Some of us have complained that the Z Fold and Z Fold2 should have come with S Pen support as it seems incomplete without a Pen. According to Dr. TM Roh, President and Head…

Everyone knows that the Nokia 3310 was built to last and that was its unique selling point when it was introduced in 2000 ….until Nokia stopped the production. With 126 million units sold worldwide, it was one of Nokia’s most iconic devices. A new mobile phone based on the iconic 3310…

It is no news that the past weeks have been a nightmare for many crypto traders and investors as bitcoin and several altcoins started a bearish trend. While some are seeing the crypto crash as an opportunity to buy bitcoin and some altcoins at a low price to increase their…

Amazon founder Jeff Bezos gave $100 million each to CNN’s Van Jones and chef José Andrés in the new “Courage and Civility award”. They are the first two recipients of this award. The self-made billionaire announced these awards at the end of a press conference after his successful trip to…

South Korean electronics giant, LG, has introduced its new LG PuriCare Wearable Air Purifier. This mask uses replaceable air filters and built-in fans to filter the air. It comes with a built-in microphone and speakers employing VoiceON technology so you no longer need to pull down your mask or raise…

South African eCommerce giant, Naspers, announced that it has invested $2.3 million (R34 million) in Ctrl, a digital short-term insurance advice platform. The investment was done via Naspers Foundry, its tech investment vehicle committed to invest R1.4 billion to grow early-stage tech companies. Founded in 2017, Ctrl is a digital short-term insurance…

Audio-only app, Clubhouse, is now out of beta and now free for everyone to subscribe to. It is no longer invite-only. This announcement was made by co-founders Paul Davison and Rohan Seth. Since its launch in March 2020, Clubhouse was invite-only. To join, an existing member had to invite you. This…

Esusu, a leading financial technology company for rent reporting and data solutions for credit building, announced that it has raised $10 million in a Series A funding round led by Motley Fool Ventures. Other Investors in this round include Celebrity Tennis star, Serena Williams through her Serena Ventures, The Equity…