A new Angel Investment entity has launched in Senegal to provide funding for early stage companies throughout the WAEMU region and contiguous countries. Named Dakar Network Angels (DNA for short), it has already made its first investment in an Ivorian startup called Coliba. Coliba which uses a mobile app to co-ordinate…
Author: Staff Writer
Kenya’s Bwala Africa Group, a rapidly growing last mile logistics marketplace launched early 2018 to bring consistency and reliability to a historically unreliable and highly fragmented freight industry has raised undisclosed funding from well-known Silicon Valley angel investor Justin Caldbeck and expanded to Kampala, Uganda. Investing in his personal capacity, Justin…
The Federation of Information Technology, Telecommunications and Offshoring (APEBI) and DEMO Africa have today announced a partnership that will see the two organisations co-host and co-locate their events on the 24th and 25th October at the Sofitel Hotel, Rabat. APEBI is known for its flagship event, AITEX, which has been running for…
DECENT, the international blockchain company behind the DCore technology, released the official DECENT Wallet for iOS devices to the public. The iOS wallet marks the third installment in DECENT’s wallet assortment, following the web as well as Android versions released last year. The application can be directly downloaded through the Apple App Store (depending…
Emirates has launched a pan-African brand advertising campaign that celebrates the talent and achievements of young Africans, taking the message of ‘New Africa’ to the world. The campaign also features an original music video produced by Kenyan musician and DJ Blinky Bill, inspired by contemporary African electronic club music. Paying…
Huawei launched its latest flagship yesterday at an event in Paris – the Huawei P30 series – P30 and P30 Pro. Like in 2018, it chose to unveil these gadgets away from the media clutter of the Mobile World Congress. According to the tech giant, “the HUAWEI P30 Series builds…
Bolt, formerly known as Taxify, has announced that it will be venturing into the food delivery service. According to chief executive officer and co-founder of Bolt, Markus Villig in a statement. “Combined with our technology, efficient operations and thousands of drivers in South Africa, we plan to build the best food…
Kenyan Peter Tabichi is a teacher at Keriko Mixed Day Secondary School in Pwani Village, situated in a remote, semi-arid part of Kenya’s Rift Valley. This science teacher and Franciscan Brother has emerged the winner of the Global Teacher Prize 2019. This entitles him to the grand prize of $1,000,000. Peter was…
Just a few weeks ago Nick Kristof of New York Times reported that an 8-year old Nigerian refugee won the 52nd New York State Scholastic Championships tournament for kindergarten to third-grade players. The refugee was homeless, living in shelter in Manhattan. Now the tide has now changed. The chess champion, Tanitoluwa Adewumi (Tani…
The Tony Elumelu Foundation officially released the list of 3,050 African entrepreneurs selected for the 2019 cohort of the Tony Elumelu Foundation Entrepreneurship Programme. The Foundation began accepting applications for the fifth cycle of its Entrepreneurship Programme in January this year The applicants were selected out of the 216,000 submitted applications…
Nigerian waste management startup, WeCyclers, has been awarded the African Development Prize of €200,000 by The King Baudouin Foundation. The Prize will allow WeCyclers to develop further their business and increase their impact at national and international level. By 2100 Africa will account for 5 out of 10 biggest cities in the…
Mrs Oyeyimika Adeboye has been appointed the first female Managing Director of Cadbury Nigeria since its establishment in Nigeria 50 years ago. The appointment takes effect from April 1 2019. Mrs Adeboye joined the board of the company in November 2008, as Finance and Strategy Director, West Africa. “Adeboye’s appointment…
Banks only build branches, or so the story goes. Except for Guaranty Trust Bank Plc; the foremost African financial institution, which has been at the forefront of several innovative products and services, recently completed and opened the first digital playground for children in Nigeria. Located in Lekki, Lagos State, the…
It all started in India in 2018 but it is now here in Nigeria. It is Uber Lite. Uber Lite is a simple version of the rider app that saves space, works on any network, and on any Android phone. It launched in South Africa and Kenya in January this year.…
Alternative power company, Daystar Power has announced a $10 million investment from Verod Capital Management and Persistent Energy Capital LLC. The solar energy company has also lined up an additional $16 million in debt financing to accelerate its expansion across West Africa. The deal will allow Daystar Power to expand its offering…
Don’t ask me why but Apple decided to launch a new set of next-generation wireless earbuds, AirPods 2 ahead of its event on Monday where it is expected to unveil a series of new subscription services including TV streaming. Just a couple of days ago, the tech giant launched new versions of the…
CEO and co-founder of RxAll, Adebayo Alonge, has led his startup to win the 2019 Hello Tomorrow deepTech contest. He competed alongside 4500 deepTech startups from across 119 countries in the world to win the grand prize of €100,000. He is the first African to win this contest. The Grand Finals took place…
Life as a small business owner and entrepreneur is difficult, and one of the toughest challenges to face is cash flow. As Forbes Africa note, finances are one of the main reasons businesses fail. Making the most of your opportunity and creating success for yourself can be helped along by looking to save…
Social Media giant, Facebook, has launched a new Artificial Intelligence tool to detect non-consensual intimate images (sometimes referred to as revenge porn) with a view to curbing its circulation. Facebook already has a policy of removing this kind of images but this new AI tool will find this content more quickly.…
This is the first time an organisation has gone this far to celebrate women in technology in Lagos. And I must say it is a beautiful initiative. Techcabal’s is putting up a multi-sensory exhibition, AUDACITY, to profile 50 women in the Lagos technology ecosystem from different backgrounds and at different…