Author: Staff Writer

According to the current research, most of the beginners in CFD trading lose money and end the career. There are plenty of reasons behind it. Any kind of business and profession needs dedication. The dedication is about learning new things. A solid foundation of basic knowledge and skills will surely…

● Announcement of 48 Proofs of Concepts at the official Closing Ceremony

Pfizer and BioNTech has announced that its COVID-19 vaccine, BNT162b2, has been found to be more that 90% effective in preventing COVID-19 based on initial data from a large study, in the ongoing phase 3 trials. This is good news in the midst of second wave of the pandemic currently…

Kenyan logistics startup Lori Systems has secured an undisclosed investment from Imperial Logistics. It has also entered into a strategic partnership with the African and European-focused provider of integrated market access and logistics solutions. The Imperial and Lori Systems partnership in the Southern African Development Community (SADC) region will help…

Konga Yakata, the Black Friday sales of Nigeria’s leading composite e-Commerce giant, Konga, is set to go live on Wednesday, November 11, 2020 with mega surprises for shoppers. The 2020 edition of Konga Yakata will officially commence in the early hours of Wednesday, at 12.05am, November 11 and will run…

Moroccan startup, Atlan Space announced that it has raised $1.1 million in Series A round led by Maroc Numeric Fund II, with participation from Hilmi Law Firm and Cadex Group. The company intends to use the funds to scale its operations. Founded in 2016 by Younes Moumen and Badr Idrissi, Atlan…

Xend Finance, a Nigerian-based decentralized finance (DeFi) platform for credit unions and cooperatives, has announced their public launch following a $1.5 million strategic investment round. Companies involved in the funding round include Binance Labs, Google Developers Launchpad, AU21 Capital, Ampifi VC, JUN Capital, TRG Capital, and Sandeep Nailwal (Matic Co-founder),…

After a hard fought election, the Democratic Party candidates Joe Biden and Kamala Harris, emerged as the winners of the US Presidential elections and now the President-elect and Vice President elect. As at the time of this report and even still counting, Joe Biden has 279 electoral votes while the…

UK based development finance institution and impact investor, CDC Group, has announced a US$75 million debt commitment to Stanbic IBTC Bank PLC in Nigeria. Stanbic IBTC intends to use the funds to continue lending to businesses in sub-sectors of the economy that are important for domestic consumption and exports including…

OPPO recently launched the OPPO A93 in Nigeria. This is the follow up to the OPPO A92 launched in August 2020. Released globally on the 1st of October, the OPPO A93 measures 160.1 mm x 73.8 mm x 7.5 mm and weighs 164 grams. It sports a 7.48mm Ultra Sleek Body…

Guaranty Trust Bank Plc announced that it has secured approval-in-principle from the Central Bank to operate as financial holding company. This was disclosed in a press release by the company to the Nigerian Stock Exchange. According to the press release, Guaranty Trust Bank plc (GTBank or the Bank) is pleased…

Nigeria’s leading tech-enabled automotive trading platform, Cars45, has reiterated its commitment to enabling trade within Nigeria’s automotive industry as well as defining the future of automotive trade across the country by providing consumers with a brand experience that helps them with smarter buying and selling choices. Cars45 founded in 2016 provides…

Wee Media, the owner of Weetracker, AfriCo and Gadgets-Africa, has raised $400,000 in a seed round. Participants on the seed round include Japan’s Samurai Incubate, Hong Kong-based Grenfell Holdings, and US-based investors; Knarrs Ventures and Jim Waltrip. Launched in 2018, Wee Media was founded by Keshu Dubey, Nayantara Jha, and Rishabh Lawania. Wee…

As a marketing agency, your focus is on your clients’ marketing, but what about your own? It’s easy to become so caught up in your own business that you forget to market yourself properly, even when it is part of your expertise. As a marketing agency, your goal is to…

If you have or have had toddlers, there is every likelihood you must have watched the “Baby Shark” video. And I must tell you it is their favourite. because it is easy and involves a lot of repetition. As at the time of writing this post, it has grossed over…

Ant Group’s expected Initial Public Offer (IPO) has been suspended. The company was planning on a dual listing in Shanghai and Hong Kong on Thursday, 5th November 2020. It would have been the largest initial public offering on record surpassing the $29.4 billion that Saudi Arabia’s state-run oil company, Saudi Aramco,…

Swedfund, a Sweden’s development finance institution for sustainable investments in developing countries, has invested $1 million in Kasha Global, an East African female e-commerce startup. Kasha Global intends to use the funds to accelerate growth and impact across Kenya and Rwanda, improve its platform and support its expansion into other…

Angaza, a Pay-As-You-Go software company, with offices in San Francisco and Nairobi, has closed $13.5 million in Series B financing. The round was led by East African energy impact fund KawiSafi Ventures and was joined by Total Carbon Neutrality Ventures (TCNV), the venture capital arm of broad energy company, Total. In 2017, the company raised $10.5…

Emerging market payments company, dLocal has announced its expansion into four African countries – Kenya, Senegal, Ghana, and Cameroon and partnership with two new integration partners – Verve in Nigeria and Fawry in Egypt. With this expansion into these four African countries and the recent announcement in Latin America and the Caribbean, with…

Music maestro Kanye West gave his wife Kim Kardashian-West, a hologram of her late father for her 40th birthday. Kim Kardashian shared a video of the hologram on her Twitter handle. “For my birthday, Kanye got me the most thoughtful gift of a lifetime. A special surprise from heaven. A…