Author: Staff Writer

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…

Twitter marked its 1st week suspension anniversary in Nigeria by sharing a tweet on Twitter yesterday. According to the social media giant, Twitter said: “Today marks one week since Twitter was blocked in Nigeria. We have informed the Nigerian government that we are ready to meet for an open discussion…

South African pay TV company, Multichoice has increased its stake in Nigerian sports-betting company BetKing from 20% to 49% by paying R4.0 billion (USD281.5m). The acquisition is in line with Multichoice’s strategy to “expand its entertainment ecosystem and develop meaningful drivers of future value” and it was was done through Multichoice’s wholly-owned…

Nigeria’s leading transportation technology company, Plentywaka, and GUO Transport Services Limited, one of Nigeria’s largest transportation companies, with specialization in the interstate traveling industry, have today announced a partnership to further simplify the bus booking travel experience for Nigerians. This partnership would see both companies combine technology, and marketing, to…

Opera has launched Hype, an in-browser chat service for Opera Mini users, in Africa, specifically South Africa, Zambia and Ghana. Hype allows users easily set up an account and start chatting with secure end-to-end encryption. Users can browse the web, chat with friends, and share self-created memes, stickers and GIFs…

Facebook announced today that it would be upholding the suspension of Donald Trump’s accounts for two years effective from the date of the first suspension, January 7 2021. This announcement was made by Nick Clegg, VP of Global Affairs for Facebook in a blog post. “Given the gravity of the…

The Nigerian government has announced the suspension of Twitter operations in the country. The Minister of Information and Culture, Alhaji Lai Mohammed, announced the suspension in a statement issued in Abuja on Friday, citing the persistent use of the platform for activities that are capable of undermining Nigeria’s corporate existence.…

Prosus, a global consumer internet group and the international Internet assets division of Naspers, announced that it is acquiring Stack Overflow, a leading knowledge-sharing platform for the global community of developers and technologists, for approximately US$1.8 billion. Founded in 2008 by co-founders Jeff Atwood and Joel Spolsky, as an open…

Serial entrepreneur, founder of Farmcrowdy, Onyeka Akumah is stepping down as CEO of the company while co-founder Akindele Phillips takes over as the new CEO. This was announced by Onyeka Akumah today in a LinkedIn post. Mr. Akumah will however remain in the organisation as the Executive Chairman providing “the…

Fresh from raising $30 million in series B funding led by Ribbit Capital and Bezos Expeditions in November 2020, Chipper Cash announced that it has raised $100 million in a new Series C raise. In June 2020, Chipper Cash also raised $13.8 million Series A funding round led by Deciens Capital. With…

LifeQ, a South African independent provider of biometrics and health information startup announced that it has secured $47 million funding from top investors around the world. Founded by Laurence Olivier, CEO, and Dr. Franco du Preez, Chief Scientist, LifeQ provides biometrics and health insights derived from wearable devices, helping people…

When traveling the world, there is one thing you will always need to have on you: your ID. Going from city to city, country to country you will always need to have some form of proof of identification on you. This is both for safety reasons and so that any…

The Vodafone consortium consisting of Vodafone, Vodacom, Nairobi-based Safaricom Ltd., Sumitomo Corp.  and British development finance agency CDC Group has emerged as the winner of a new telecommunication license in Ethiopia. The Vodafone consortium’s bid of $850 million was accepted over MTN consortium’s bid of $600 million. Balcha Reba, director-general of…

Future Africa announced that it has invested a total of $3 million in 13 startups in the first five months of 2021. This brings total investments since inception to 47. As at the end of 2020, the company had made 33 investments totalling $2.1 million. The earliest limited partners that…