Author: Staff Writer

Kidato, a Kenyan YC-backed edutech startup announced that it has closed a $1.4 million seed fundraise to expand its online school for K12 education in Africa. Investors in this seed round include Learn Start Capital, Launch Africa Ventures Fund, Graph Ventures and Century Oak Capital, among other angel investors. Founded…

Founders Factory, a South African based venture development and investment company, announced that it is partnering with Small Foundation, a Dublin-based philanthropic foundation focused on the rural and agriculture sector in sub-Saharan Africa, to provide a platform for entrepreneurs to build and scale 18 agritech startups across Africa. The startups…

Tech giant Amazon has launched a hair salon in London, UK. It is not an April Fool’s joke, it is real… a hair salon. This hair salon, Amazon Salon, will feature some of the leading technology, products and services in hair care and styling. Amazon will trial the latest industry…

Tech giant Apple unveiled new gadgets at its one-hour spring event. Tagged Spring Loaded, this is the first event of the year. Here are the new gadgets introduced at the event: Purple iPhone 12 and iPhone 12 mini AirTagiPad proiMacNext-gen Apple TV 4KApple Podcast Purple iPhone 12/iPhone 12 mini No. This…

Video conferencing giant, Zoom, has announced that it is launching a $100 million Zoom Apps fund to invest in companies that build apps using its technology. It is also the company’s 10th year anniversary and the company says the Zoom Apps Fund is one of its commitment to supporting developer…

Ramadan is a time when Muslims are encouraged to be exceedingly generous and charitable, whether with family, friends, or complete strangers. It is also a time set aside to fast pray and spend time with family and friends. Because this period is characterized by alms giving, dining out and spending…

Konga Health, a highly anticipated digital health care distribution subsidiary of Nigeria’s leading e-Commerce giant, Konga is set to go live by June 2021. The tech-driven health care company is expected to expand access to quality Medicare for millions and revolutionize the health care value chain in Nigeria. Feelers from…

Appzone, a Nigerian based Fintech software provider, announced that it has secured $10 million in Series A funding led by a Lagos-based investment firm, CardinalStone Capital Advisers with investors like V8 Capital, Constant Capital, Itanna Ventures and Lateral Investment Partners participating in the round. In 2014, Appzone raised $2million from…

Eat’N’Go, the franchise operator of Domino’s Pizza and Cold stone Creamery in Nigeria, has announced its expansion into East Africa with the acquisition of the franchisee that operated the brands in Kenya. This will make Eat’N’Go the largest Domino’s Pizza and Cold stone Creamery franchise operator in Africa. Eat’N’Go opened…

Nigeria’s Security and Exchange Commission (SEC) has warned that online investment and trading platforms should stop selling securities of foreign companies listed on Securities Exchanges outside Nigeria. This means that companies like Bamboo, Trove, Chaka, Rise that currently offer subscribers the opportunity for Nigerians to buy foreign traded stocks like…

Do you know you can now use your iPhone to track some non-Apple lost devices? Apple has officially enabled its Find My network platform to assist in finding third party devices and objects. Apple recently updated its Find My app, thereby allowing third-party products to use the private and secure…

ScholarX Technologies Ltd., an EdTech start-up founded in 2016 and Headquartered in Lagos, Nigeria has announced a strategic partnership with Airtel Nigeria to launch LearnAM, a new mobile learning platform that provides Skills Training content to improve learning outcomes. ScholarX will also receive major support from the GSMA Innovation Fund…

Paystack, the Nigerian-based company that was recently acquired by Stripe for $200 million, is venturing into digital business. The company is building a digital business media network with the objective of using content to solve problems for Africa’s most ambitious teams. The company aims to connect African entrepreneurs with the…

Clubhouse, the one-year old social media audio app, is rolling out a payment feature for creators to get paid. Valued at $1 billion, this is the first payment feature that is being added to the app that focused on first building the community and audience. However this was expected as…

Egyptian-based venture capital firm, Sawari Ventures, announced that it has closed a fund with total commitments of L.E. 440 Million ($28 million) from Misr Insurance Group, Ekuity, National Bank of Egypt, Banque Misr, Banque du Caire, and Suez Canal Bank. The fund previously closed L.E. 650 million ( $41 million) of…

Spanish on-demand courier service, Glovo, announced that it has secured $528 million (€230 million) Series F funding for global expansion. The funding round was led by New York-based investment managers Lugard Road Capital and the Luxor Capital Group. Other participating investors include Delivery Hero, Drake Enterprises and GP Bullhound. Glovo…

Timothy Adetunji emerged the winner of the Xiaomi Redmi 9c in the recently concluded Innovation Village Giveaway. The application started on Monday, 1st of March and ended Friday, 26th of March.  We had 2,087 entries and Timothy Adetunji emerged as the winner in a draw using the Rafflecopter platform Congrats to him…

Fresh from receiving $200 million from The Rise Fund, the global impact investing platform of leading alternative investment firm TPG, Airtel Mobile Commerce is set to receive another $100 million, this time from Mastercard. The transaction values Airtel Africa’s mobile money business at $2.65bn on a cash and debt free…

Instagram has launched a new feature called Remix on Reels, which is similar to TikTok duets. Akin to TikTok duets, it lets you create your own reel next to one that already exists. Whether you’re capturing your reaction, responding to friends or bringing your own magic to trends, Remix is…

Sony Pictures Television (SPT) announced the launch of ‘Sony One’ – an app platform developed in association with MTN. Sony One provides a selection of SPT film and television favourites, making them available through special MTN mobile data packages. MTN users can stream a selection of SPT content and rent…