Author: Staff Writer

Celebrated CEO and founder of Invictus Group, Obiwanne Okeke has been arrested for Internet fraud in the United States. The amount involved is said to be close to $11 million. This was disclosed in an affidavit made available to the press on Friday, August 15, by Marshall Ward, a special agent…

Nigerian based Verod Capital and Austrian company, Red Bull GmbH have announced an investment in Ghanaian based apparel company, DTRT Apparel Ltd. Though the investment amount was not disclosed, Skip Richmond, co-Founder and co-CEO of DTRT Apparel said that this investment would afford the company the opportunity to significantly expand its production…

Premium auto brand Bugatti has unveiled a new automobile which is reinterpretation of the epochal EB110. It is the Bugatti Centodieci – Italian for 110. The unveiling took place some hours ago at The Quail, a motorsports gathering. It costs 8 million Euros and only 10 of this beauty would be…

If you thought there was no space for a chat app, think again. Introducing Sharechat, an Indian chat app that exclusively serves Indian regional language natives and it serves 60 million users each month in 15 regional languages. The latest news about Sharechat is that Twitter has invested in the…

Chinese smartphone manufacturer Transsion Holdings the company behind Tecno, Infinix and itel is entering into a partnership with Kenyan venture fund, Wapi Capital to source and fund African Fintech startups. Wapi Capital is the venture fund of Kenyan  fintech startup Wapi Pay—a Nairobi based company that facilitates digital payments between African and Asia…

MTN and #datafree pioneer biNu today announced a partnership that will enable mobile subscribers in South Africa to access websites and apps #datafree. Rather than using their own mobile data to visit and interact with sites or apps, mobile subscribers in South Africa can now have their data paid for by participating digital…

According to the 2019 Q1 Social Flagship report, the latest GlobalWebIndex’s flagship report on the latest trends in social media, Nigerians spend an average of 3 hours 36 minutes engaging with/connected to social networks during a typical day. This is higher than the global average of 2 hours and 23 minutes.…

The Federal Government of Nigeria has changed its Twitter handle from @AsoRock to @NigeriaGov. This change was announced by Bashir Ahmad, the Personal Assistant to the President on New Media on Twitter. According to him, NOTIFICATION: The Federal Government of Nigeria’s handle on Twitter (@AsoRock) has been changed to @NigeriaGov, to…

South Africa based fintech company, uKheshe, has announced the successful completion of its first seed investment round. The startup closed independent seed funding with both Fitech Venturesand the Ocean on 76 Group. uKheshe is a micro transaction platform launched in November 2015 and allows card holders to pay and get paid. Unlike any eWallet…

Chinese smartphone manufacturer, Tecno today announced the launch of the latest 3G smart feature phone T901, the first TECNO device running on KaiOS, the leading mobile operating system for smart feature phones. This is a significant step for both companies in closing the digital divide by bringing users–previously inhibited by…

Former CEO and co-founder of Amplify, Segun Adeyemi, has joined fintech company, Jumo as the Country Manager for Nigeria. Segun made this known on his LinkedIn page in a post detailing how he took the decision to join Jumo after the acquisition of Amplify by One Finance Limited (OneFi), a consumer…

Facebook, today with Africa Check announced that it has added new local language support for several African languages as part of its Third-Party Fact-Checking programme – which helps to assess the accuracy of news on Facebook and aims to reduce the spread of misinformation. Launched in 2018 across five countries…

There comes a time in a growing organisation when you must have a Product Manager. In a small organisation, the CEO usually sees himself as the product visionary and leader. He is the resource allocator and chief priority setter. He alone determines which products should be launched and the resources…

As from today, August 14 2019, Gokada will not be available. The app will be down and the pilots will be off the road. It is shutting down, so says CEO Fahim Saleh. Hold on….Not for long though. This is sort out some of the operational issues that the CEO…

The DOEN Foundation (Stichting DOEN), a Dutch fund supporting green, socially-inclusive and creative initiatives that contribute to a better and cleaner world, has joined forces with Seedstars, the leading emerging market startup community and investor. They are launching the DOEN Land Restoration Prize, in order to find and award the…

Verve, a leading payment technology card and card business in Africa, held its first transaction event in New York yesterday, signifying the acceptance of the Verve Card globally. This was made possible in partnership with Discover Global Network, the payments brand of Discover. This means that Verve cardholders can now…

Naspers has led a $125 million fundraise for Meesho, an Indian Online Social Commerce marketplace. Other participants include Facebook and existing investors SAIF, Sequoia, Shunwei Capital, RPS and Venture Highway. Former Vodafone Group CEO Sir Arun Sarin also participated in the round. Meesho is the leading social commerce online marketplace in India…

As a group admin, have you ever imagined managing users who send too many messages in a group? Well instant messaging app, Telegram, has introduced a feature called “Slow Mode” which gives the group admin the power to control how often a member could send a message in the group.…

Samsung Electronics has unveiled the latest in the potential of the of smartphone cameras. It has introduced the first mobile image sensor in the industry to go beyond 100 million pixels – the 108 megapixel (Mp) Samsung ISOCELL Bright HMX. The Samsung ISOCELL Bright HMX is the result of a joint collaboration between…

Pakistan-based transportation startup, Airlift, has raised $2.2 million in a recently concluded seed round. According to Airlift’s co-founder and CEO Usman Gul in a discussion with menabytes, the round was co-led by one of Pakistan’s largest conglomerates Fatima Group (through its VC arm) and Indus Valley Capital, a Pakistan-focused VC founded by…