Author: Staff Writer

I am a staff at Innovation Village.

Transport app, Gozem, announced that it has acquired Togo’s delivery food app, Delivroum. The terms of the acquisition were not made public. Founded in 2018, Delivroum was the first dedicated food delivery app in the Lome, Togo. Coincidentally, Gozem was also founded in 2018. The company offers diverse transportation services…

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Nigerian fintech startup, Fundall, has raised pre-seed funding of $150,000 from a group of investors led by Black Knight Capital, which will propel our launch, acquisition of a Microfinance Bank, as part of steps to further strengthen its operational framework and license to surpass both regulations and customer service expectations.…

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Ghana’s biggest classifieds platform, Tonaton, has entered into a partnership agreement to take over Ghanaweb’s classifieds section. With this partnership, visitors to Ghanaweb will have access to Tonaton’s classified listings. Launched in 2013, Tonaton is Ghana’s largest marketplace and it facilitates buying and selling new and used items and searching for…

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Private Equity firm Actis is acquiring ZAR2.3 billion ($140 million) controlling stake in South African fibre network operator, Octotel. Actis has also agreed to acquire a non-controlling interest in RSAWEB, a leading Internet Service Provider in South Africa. Octotel is Cape Town’s largest Open Access Network focused on both Fibre…

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Ethereum successfully transformed the crypto landscape. From a simple “value transfer from wallet A to wallet B” to be the perfect smart contract world where people can trade tokens and even borrow and lend stablecoins. It’s been more than five years since the inception of Ethereum, and it’s still going…

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HMD Global, the home of Nokia phones, has today announced the availability of Nokia 2.4 in Kenya. The next generation Nokia 2 brings advanced AI imaging features including Night mode and Portrait mode, helping to take your photos to the next level. See the bigger picture and do more for longer…

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In keeping pace with the new normal due to the COVID-19 pandemic social distancing restrictions, videoconferencing app Zoom has introduced OnZoom, a comprehensive solution for paid Zoom users to create, host, and monetize events like fitness classes, concerts, tutorial lessons and music lessons on the Zoom Meetings platform The OnZoom…

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Feminist Coalition has raised over N62 million to date in its crowdfunding effort to support the ongoing #EndSARS #EndSWAT protest. This social organisation along with Flutterwave, set up crowdfunding channels to receive donations for the protest. Though Flutterwave’s donation link has been disabled, Feminist Coalition is still receiving donations via…

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American financial services and software company, Stripe, has acquired Nigerian payment processing company Paystack for $200 million. This acquisition heralds the company’s entrance into Africa. Stripe and Paystack have been working closely together for some time. In 2018, Stripe led a number of other companies including Visa and Tencent in an…

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