Author: Staff Writer

Free classified ads websites are gradually becoming popularly accepted in Africa in recent times. Most of classified sites offer free service to enable their users to post classified ads to buy and sell their used items, new products and services. Indeed, that’s not all. Houses, cars, jobs and more categories…

South African tech company Jumo, announced that it has raised $55 million in new funds from existing and new investors. The successful raise in debt and equity funding, support JUMO’s expansion into new markets and the launch of new products. The funding round introduced new investors to join existing investors…

Cairo-based SaaS startup for garment factories, Garment IO, has closed $450,000 in seed funding from Egypt Ventures and 500 Startups (Falcons). Founded in 2017 by Ahmed Nounou and Mahmoud Sabae, Garment IO is a plug and play Garment Manufacturing Management Solution combining software and hardware to give garment factory managers and…

The Walt Disney Company has announced Bob Chapek as the new CEO of the company with immediate effect. He takes over from Robert Iger who was appointed the CEO in 2005. According to the company in a press release, The Walt Disney Company (NYSE: DIS) Board of Directors announced today…

American National Aeronautics and Space Administration (NASA) mathematician, Katherine Johnson, has died at the age of 101. She is widely known as one of the black women that defied the colour of her skin in her quest for racial equality. She is one of the black female mathematicians who worked at NASA during…

With the cancellation of MWC 2020 due to the coronavirus, Vivo is set to unveil the APEX 2020 concept phone on February 28 globally. The device will be introduced via an online launch event and Vivo has shared a couple of teasers to stir the hype before the event. The…

The Mastercard Foundation Centre for Innovative Teaching and Learning in Information, Communications, and Technology (ICT) today announced the first cohort of 12 EdTech Fellows, companies that will benefit from the Centre’s support to expand their operations and improve secondary teaching and learning across the continent. The Fellows were selected after an…

Leading payments giant, Interswitch, has announced its partnership with American Express to expand the usage and acceptance of American Express Cards across Nigeria. The partnership with Interswitch will enable American Express Cardmembers to transact using a wide range of merchants, who process payments through the Interswitch platform, for a range…

Ecobank Group, the pan-African banking group, is inviting African fintech entrepreneurs to enter the 3rd edition of  the Ecobank Fintech Challenge. Launched in 2017, the Fintech Challenge  gives African start-ups the opportunity to promote their fintech solutions, and potentially  partner with Ecobank to roll-out  their solutions across Ecobank’s 33 markets…

Alphabet, Google’s parent body, announced that it is shutting down the Makani project. Makani was founded in 2006 by a group of kitesurfers who were curious about the potential for kites to unlock wind energy in more places around the globe. Google acquired the startup in 2013, placing the group…

Co-creation Hub (CcHUB), the leading technology innovation centre in Africa in partnership with British Council and Beetfreeks Collective have today announced the launch of New Narratives Pilot, a co-creation lab pilot designed to prototype solutions that help stimulate more plural and diverse narratives to solve the problem of singular, outdated…

Egyptian based fintech startup, kashat, has launched an Android app offering short term loans between EGP 100 (USD 6.33) and EGP 1,500 (~$95) Kashat is designed for the unbanked segment of Egypt and aims to help users cultivate a financial identity by providing them with instant credit. Users can sign…

Former Transcorp Hotels CEO, Owen Omogiafo will be taking over from Valentine Ozigbo as President/GCEO of Transnational Corporation of Nigeria Plc (Transcorp). Valentine will now become a Non-Executive Director of the company. The announcement was part of the recent significant appointments to its Board and Executive Management of the publicly…

Sanofi, a global biopharmaceutical company dedicated to improving the lives of people worldwide, is calling on technology entrepreneurs and startups in Nigeria to participate in its 2020 AfricaTech Challenge. AfricaTech is a lab dedicated by Sanofi at VivaTech to encourage open innovation by African technology startups. The AfricaTech Challenge initiative…

African leaders are putting women front and center of efforts to drive the continent’s economic growth through a game-changing fund that invests in women fund managers and also provides technical assistance. The launch of the African Women Leadership Fund (AWLF) will provide capital to both first time and experienced fund…

“We are sourcing, testing and putting together the best talents among us and making it easy for employers and entertainers to quickly discover, cast, sign or hire these talents in few clicks.” said Latii Brayllot the founder and chief executive of the amazing Quilege.com talent-sourcing platform. Nigeria being a country of over a million…

Barely a month after the ban of commercial bikes and tricycles in Lagos Nigeria, one of the affected bike-hailing companies announced that it has already started its Logistics business. Just yesterday, a twitter user @Mr_Rotimi tweeted that Gokada had come out with a new product called “Chop” to offer food…

GSM Association, the industry organisation that represents the interests of mobile network operators worldwide, has cancelled its annual event – the 2020 edition of Mobile World Congress Barcelona because of the Coronavirus outbreak. The event was scheduled to run between February 24th and 27th The GSMA officially made this announcement…

Tech giant, Samsung unveiled its new foldable smartphone, the Galaxy Z Flip yesterday at the Samsung Unpacked event in San Francisco. The Z Flip is the latest from the tech giant after pioneering a new mobile category with the launch of the Galaxy Fold last year. The Z Flip features…

Samsung unveiled the new Samsung Galaxy S20 series – Galaxy S20, S20+, and S20 Ultra – at the Samsung Unpacked event yesterday. The new series combines the power of 5G with camera innovations and artificial intelligence. Here is a comparison of the three models: Each model features a thin and…