Horizontal Classifieds general marketplace, Jiji, has acquired vertical marketplace Cars45 for an undisclosed amount. Jiji is currently growing to become a major global Classifieds marketplace through acquisitions. In 2019, the Ukranian Genesis classified ads company entered an agreement to transfer all OLX assets in Sub-Saharan Africa to Jiji. In 2018,…
Author: Staff Writer
Tech giant, Microsoft, officially unveiled Windows 11, ushering in the next generation of Windows. It had been taunting the Internet for some time now and it finally revealed the new platform on Thursday, 24th of June The new Windows 11 has arrived with new exciting features and we would like…
Yippee!! Instagram is testing a feature which enables a user to post from a desktop. Hitherto, you could only post directly on the gram via your mobile phone. Some reports state that some people have noticed the new feature and now have the ability to now upload photos and videos…
The world’s first 3D-printed school has been built in Malawi by 14Trees, a CDC joint venture with construction company Holcim. 3D printing, or additive manufacturing, is the construction of a three-dimensional object from a CAD model or a digital 3D model. A material is deposited, joined or solidified under computer control to…
First impressions are so powerful that they can override what we subsequently learn about a person – as found in a study published by the Society for Personality and Social Psychology. That is, people are more likely to trust their own perceptions than facts shared with them by people with factual knowledge…
Kenyan Agritech startup, Apollo Agriculture, has raised $1 million to scale its agritech solution. This is by way of a credit facility from Agri-Business Capital Fund (ABC Fund). Apollo will use the proceeds to continue scaling its high impact ag-tech solution to reach more smallholder farmers who are unable to…
Social media giant, Facebook, has officially launched its Clubhouse clone – live audio rooms. It started testing the feature with public figures and creators based in Taiwan in May 2021 and is now officially rolling out in the US. The Social Media giant had earlier given this announcement in April saying, “We’re…
South Korean automaker, Hyundai, has completed the acquisition of Boston Dynamics by acquiring the remaining 20% from Softbank. Last year, Hyundai acquired 80% interest in Boston Dynamics in a deal that valued the mobile robot firm at $1.1 billion while Softbank retained an approximately 20% stake. Boston Dynamics is the established leader in…
Trella, an Egyptian digital freight marketplace startup, announced that it has completed the successful completion of a $42 million funding round, comprising $30 million new equity and $12 million debt facilities. Participants in this funding round include the leaders, Maersk Growth – the corporate venture arm of global multinational A.P.…
Babajide Duroshola has announced that he is stepping down from the helm of affairs as the Country Director of Safeboda in Nigeria. He made the announcement via a medium post today Babajide joined the ride-hailing startup in May 2019 after leaving Andela as the Community Manager, Technical Talent. He led…
Paysatck and WooCommerce have announced a new partnership that makes integration easier a lot easier and faster. WooCommerce is one of the biggest ecommerce solution in Africa. Launched on September 27, 2011, it is an open-source e-commerce plugin designed for small to large-sized online merchants using WordPress. This new partnership…
Kune, a Kenyan food-tech startup involved in the delivery of freshly made, ready-to-eat meals at arguably affordable prices, announced that it raised $1 million in a pre-seed funding round to launch its on-demand food service in August. The funding round was led by Launch Africa Ventures, with other investors like Century Oak Capital GmbH, Consonance…
After announcing plans to Launch the vivo V21 in the Kenyan market a few days ago, now the device has been placed for pre-order both online and offline to enable Kenyans to acquire the device locally before its official launch date. On pre-order, vivo will be offering several free UEFA™ Euro…
Almost every youth now wishes to be able to afford and buy Bitcoin in Nigeria. Everyone would like to have Bitcoin and altcoins in their portfolio. However, some people still don’t know how to, where to buy bitcoin. Some don’t even know what it is or how it works. Lots…
Portugal’s Football star, Cristiano Ronaldo’s recent disapproving gesture at an ongoing Euro 2021 press conference, cost Coca-Cola $4 billion in its share price. The press conference was in Budapest on Monday in the prelude to Portugal’s Group F game against Hungary. The price of Coca-Cola shares dipped by $4billion when…
Seso Global, a Nigerian property tech startup, announced that it has raised $600,000 in pre-seed funding round led by Kepple Africa Ventures, Rising Tide Africa, and Moabi Group, as well as angel investors Albert Essien, Ibrahim Sanga, and Jamie Broderick. Founded by Daniel Block (CEO) and Phillip Jarman (COO), Seso…
Sky.Garden, a Kenyan-based eCommerce marketplace, announced that it has raised $4m to accelerate growth. The Series A funding round featured SANAD Fund for MSME, Aavishkaar, UNCOVERED FUND and KSK Angel Fund. With the $1.8m raised in 2017, it has now raised a total of $5.8 million. Founded in 2017 by…
Nigerian swim school focused on women and children has secured funding to build a first of its kind Aquatic Center in Lagos, Nigeria. The investment raised will be used to build a first of its kind aquatic center in Lagos Nigeria, with a state-of-the-art Standard Swimming Pool that will be…
Today, data is an essential component of any good digital marketing campaign. Metrics such as conversions, traffic sources, and cost per click have a massive range of potential variables that can be analyzed, making it more and more essential for marketers and business owners to be able to identify the…
Cairo-based fashion e-commerce startup, DressCode, announced that it has received $250,000 in funding from an existing investor, Egypt Ventures. The lifestyle startup says it intends to expand its scope beyond fashion and cosmetics, namely vitalizing its home décor offerings. Since Dresscode’s launch in 2019, the startup claims it has fulfilled…