Cooling technology company Sure Chill has secured £4m Series A investment from Africa-focused VC Novastar Ventures and London-based VC The Garage Soho. Sure Chill has developed a unique cooling technology to protect lifesaving, temperature-sensitive vaccines in emerging countries where access to consistent and reliable power supplies are rare. The company…
Author: Staff Writer
The FaceApp has come back again and it has gone viral as usual. The first time was back in 2017, when there was an outrage over filters that changed your ethnicity Now many people are using the FaceApp photo editor to find out what they would look like when they…
No matter what type of business it is you run, your accounting department is crucial to your overall success. Without a strong team of professionals in place in this instance, quite simply, anything could go awry with your company finances at any time. You could be overspending, losing money, or…
Christina Sass has stepped down from her full-time role as President of Andela. She is transitioning into a supporting role as the Chair of the Andela Advisory Council and the Andela Alumni Group effective July 15, 2019. Christina has spent five and half years in Andela. Here is her parting post…
Vivendi’s Canal+ has acquired African film and television studio ROK for an undisclosed amount. Founded by Mary Njoku, wife of IROKOtv CEO Jason Njoku, ROK studio was created to provide original Nollywood content for IROKOtv. Speaking on the acquisition, Mary Njoku says: ROK has captured the imagination of millions of movie…
As a frequent traveller, it is beneficial to be able to read road signs in languages other your own. Google Translate instant camera is a helpful aid in this regard. You can use your phone’s camera to translate text on road signs and even handwritten notes into your own language.…
Technology is said to be a blessing and a curse to people all over the world. It is a blessing because it solves everyday problems and makes communicating with people far easier. This is especially true for businesses as it helps to make functioning on a daily basis more seamless.…
While Samsung is still tinkering with the Galaxy Fold smartphone, IBM has just gotten a patent for a watch that can be transformed into smartphone and even a tablet. According to a dutch publication Letsgodigital, the patent is for a “Variable display size for an elctronic display device” …
Opera’s payment startup, OPay, has raised $50 million in funding. The lead investors included IDG Capital, Sequoia China, Source Code Capital, Meituan-Dianping, GSR Ventures and Opera Limited Launched in 2018, OPay intends to use the capital to strengthen the company’s position in Nigeria, expand to additional African markets and leverage its…
Uber has launched a new service called Uber Comfort. With the new service, you get the following features: Newer, Mid-Size Cars: Arrive in comfort with a car that meets consistent vehicle make and model standards. Extra Legroom: Uber Comfort rides will have minimum legroom requirements so you can stretch out and have…
Airtel Africa finally listed on the Nigerian Stock Exchange today at N363 per share. With this listing of 3,758,151,504 ordinary shares of Airtel Africa Plc and valued at 1.364 trillion Naira, this makes it the bourse’s third-largest stock by market capitalisation after MTN Nigeria and Dangote Cement Plc. The secondary listing had…
One Thousand & One Voices’ growth capital investment will accelerate the trajectory of The Rosehip Company’s international expansion and support its evolution from a wholesale commodity supplier to a producer of consumer-packaged goods One Thousand & One Voices (1K1V), a private family capital fund backed exclusively by industry-leading families from around the…
Two African startups, Wella Health (Nigeria) and Cowtribe (Ghana) are part of the Techstars Impact 2019 class. The class of 10 include startups United States, Canada, Mexico, Brazil, Ghana, and Nigeria. Wella Health provides affordable, micro-health insurance options targeted at high-occurrence diseases such as malaria while Cowtribe is a last-mile vaccine delivery…
Uber’s rival Bolt (formerly known as Taxify) has raised an undisclosed amount of funds to bump up its valuation to over $1 billion. As disclosed in a Techcrunch report, a Bolt spokesman said that the new fund was aimed at supporting the company’s recent re-launch in London and further expansion plans…
Foremost smartphone multinational, TRANSSION HOLDINGS, has added a new smartphone in the TECNO Phantom Smartphone series. It is the TECNO Phantom 9. It is a better improvement on the older TECNO Phantom 8 launched in 2017. While the older Phantom 8 sports a 20MP selfie camera and a high definition 12MP…
With an estimated population of 200 million, transportation has been one of major issues affecting the growing cities in Nigeria. Cities like Lagos have an inadequate & poorly developed public transportation system and this has provided the opportunity for two wheeled transportation to thrive. In as much as this two…
Some days ago, we reported that YouTube had gone back on its plans to introduce sports live-streaming for South African subscribers just a day after releasing a statement sharing the plans. YouTube has now issued a statement (see below) to clarify its stance on its sports content offering YouTube would like to…
NOTS Solar Lamps – an impact enterprise – and the Government of Rwanda have announced a landmark deal that will accelerate the provision of electricity to the lowest income families in the country. NOTS will invest $70million over five years in a manufacturing facility for Solar Home Systems (SHS) -…
Some of the young people in this generation may have never seen a cassette or a cassette player. However they will be familiar with the bluetooth feature. So a company called NINM Lab has decided to bring back nostalgic feelings by combing the old technology with new technology – a…
Lido Anthony “Lee” Iacocca is dead. His death was announced by his youngest daughter who confirmed that he passed away of natural causes. Lee Iacocca is known for rescuing Chrysler from near-bankruptcy in the 1980s. He was also instrumental in the creation of the Ford Mustang and the Chrysler minivan. Born on the…