Author: Staff Writer

Nigerian agric startup, EZFarming is one of the 35 companies in the 25th batch of 500 startups accelerator program. This year the same company won first prize of $5,000 in the Georgetown African Business conference New venture competition Over the past three months, companies from 12 countries participated in the flagship accelerator…

Kenya now has the largest wind power plant in Africa. It is the Lake Turkana Wind Power (LTWP) plant which is capable of generating around 310 megawatts of power to the Kenyan national grid. According to President Uhuru Kenyatta at the launch of the project on Friday, this will increase…

Google created a Google Doodle to honour Nigerian-born British novelist, Florence Onyebuchi “Buchi” Emecheta OBE today 21st of July. If she was alive, it would have been her 75th birthday. Born 21 July 1944 to Ibo parents in Lagos, Buchi moved to Britain in 1960 where she worked as a librarian and became a student…

Six Nigerian artists – Wizkid, Tiwa Savage, Burna Boy, Yemi Alade, Tekno and Mr Eazi are featuring with Beyonce on her album – The Lion King: The Gift which is being released on the same day as this year’s live-action remake of Disney’s “The Lion King”. This will certainly boost…

VFD Group has divested from Germaine Auto Center after two and half years investment. In 2016, VFD Group bought a 30% stake in GAC in a deal that ceded management control to VFD. This deal was meant to give a new lease of life to the then troubled auto firm.…

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…

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…