Author: Staff Writer

TalentQL, a Nigerian-based talent recruitment and outsourcing company, announced that it has been accepted in the 2021 edition of Techstars Toronto accelerator program. The company will join nine other startups, including Plentywaka, in the class. Some days ago, Nigerian bus-hailing startup, Plentywaka announced its participation in the same class. Launched in…

Prosus-owned OLX Group, a global leader in classifieds marketplaces is shutting down Berlin-based Frontier Car Group (FCG) operations in the city. The Classifieds global giant said that it wants to refocus on more local operations in Latin America and Asia under its OLX Autos brand, into which it will fold…

inq., the pan-African multi-cloud digital service provider, has appointed Dr. Christian Wirtz as its new Group CEO from 1 April 2021. Dr Wirtz, currently an Executive in Group Enterprise at MTN, will be taking over from founding Group CEO Geoff Hardwick who has stepped down from the role. Dr Wirtz…

Most people would agree that our trial and prison systems are not perfect. However, most individuals would also agree that we need some way to prosecute those who commit crimes. We must incarcerate them to demonstrate that law and order have their proper place in our society. Wherever and whenever…

Financial Services giant, Visa, has become the first payment network to settle transactions using cryptocurrency. The company announced that it is moving to the use of USD Coin (USDC), a stablecoin backed by the US dollar, to settle a transaction with Visa over Ethereum—one of the most actively used open-source blockchains. Visa…

Nigeria’s Access Bank announced that it has received approvals from Nigerian and South African regulatory bodies to acquire South African bank, Grobank Limited. The announcement was contained in a statement made available to the Nigerian Stock Exchange signed by Sunday Ekwochi, the Company Secretary of the bank. According to the…

Nigeria’s largest bus network transportation company, Plentywaka, and Libra Motors Limited, one of Nigeria’s leading 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…

Ethiopian Fintech Startup ArifPay announced that it has secured $3.5 million Funding. It raised the funds from 31 individual investors to support it in its early stages of rollout and growth. ArifPay mPOS ( mobile point of sale) is Ethiopia’s first smartphone, tablet or dedicated wireless device that performs the…

Nigerian payments startup, Blueloop, is joining 9 other African startups as it has been accepted in the 2021 Winter batch of Y Combinator program. Founded in September by Ben Eluan, Osezele Orukpe and Israel Akintunde, Blueloop is the company behind Flux, a mobile payments app that lets you send money, receive…

The Pan-African Fintech Accelerator (PAFA) is excited to announce the selection of the ten (10) fintech startups to participate in the maiden edition of the six-month virtual acceleration and immersion program. Featuring the industry’s most promising and exciting startups, the 2021 cohort brings together businesses from Ghana, Uganda, Kenya, Senegal,…

Ten African startups will be pitching at virtual Y Combinator’s W21 batch demo day. The selected startups will receive US$125,000 in seed funding as well as further investment opportunities at a demo day 274 companies from 41 countries are represented within this virtual edition of the programme, with 50 per…

Termii, a YC-backed startup announced that it has raised $1.4 million in seed fund round led by Kepple Africa Ventures and Future Africa. Other participating entities include Aidi Ventures, Remapped Ventures, Nama Ventures, RallyCap Ventures, Assembly Investors, Acuity Ventures, and Kairos Angels. Other notable Industry Angels also joined the round…

Bitcoin is a virtual currency that doesn’t require much introduction. It is a P2P electronic cash system that was developed to replace fiat currencies and over the years, it has really being a competitor for fiat money. The adoption of virtual currency keeps increasing day by day and more people…

Airtel Money, the brand name of Airtel Mobile Commerce BV (AMC) which is a wholly owned subsidiary of Airtel Africa, has raised $200 million from The Rise Fund, the global impact investing platform of leading alternative investment firm TPG. Valuing the mobile money business at $2.65 billion on a cash…

Kuda, a Nigerian-based digital bank, has raised $25 million in a series A funding led by Valar Ventures, the firm co-founded and backed by Peter Thiel, with Target Global and other unnamed investors participating. This brings total funds raised to $36.5 million having raised $10 million late last year and…

Samsung has unveiled the Samsung Galaxy A32, A52 and A72, making powerful innovation accessible to everyone. The latest Samsung Galaxy A series lets you communicate and express yourself with an awesome camera, immerse yourself in a clear viewing experience with a smooth scrolling display, and enjoy greater peace of mind…

Intel is taking a dig at Apple with its new ads comparing Apple Mac laptops to Intel-based PCs. The company recruited the services of Justin Long—famous for his role in Apple’s 2000s “I’m a Mac” ads to do five ads posted in the company’s YouTube page. In the 2000 Apple…

OPPO is unveiling two new models in the Reno5 Series, with the Reno5 and Reno5 F packing massive improvements over the previously released Reno3 Series. The global smartphone giant doesn’t look like it is slowing down anytime soon, as it makes yet another statement by these Flagship killers into the…

Nigeria’s bus-hailing app, Plentywaka, announced that it has been accepted into Techstars Toronto accelerator program and it will use this opportunity to expand its services globally starting from Canada on or before the fourth quarter of 2021. The “Uber-for-buses” startup will join nine other startups in the class of 2021 and…

Fresh from securing $170 million in new funding, Africa based payments company, Flutterwave, has announced a collaboration with global payment giant, PayPal to allow African merchants accept and make payments through its “Pay with PayPal” feature. The collaboration will make it possible for African businesses to connect to over 377…