Author: Staff Writer

Oolu, a solar company based in Senegal, has announced the successful completion of a US$3.2 million round of equity investment. The Y Combinator start-up says this new fund will support Oolu’s continued growth and strategy as it seeks to address the energy needs of the more than 150 million people who live without…

Lendable Inc, a company that bridges the gap between institutional debt investors and high growth alternative lenders in Africa, has raised $6.5 million in series A funding round to scale operations, drive market expansion, and roll out new products. Investors in this round include KawiSafi Ventures, Omidyar Network, Fenway Summer Ventures and a…

Andela has secured $40 million in a new round of Series C funding, thereby lifting its total funding to date to a total of $80 million. Apparently this funding is from its financial backers, showing an endorsement of its good work so far.The investment was led by pan-African venture firm CRE…

Pay-as-you-go energy provider, M-KOPA Solar has secured US$80 million to provide finance for pay-as-you-go solar installations in one million homes over the next three years. The Kenyan based company secured US$25 million in US$ debt from responsAbility, Symbiotics, and Triodos Investment Management while Stanbic Bank is leading a US$55 million local currency equivalent…

Techcrunch has revealed the names of the 15 startups participating the its first ever Startup Battlefield Africa scheduled to take place tomorrow, 11th of October, 2017 in Nairobi, Kenya. They are as follows: Session 1 – Productivity and Utility at  9:35 AM:  WeCashUp, Form+, Delivery Science, Abacus Invest, Sellio, Lori Systems Session 2 – Gaming and…

Historically in Nigeria, there have been long-standing gaps in availability of credit or loans to individuals and businesses within underserved demographics of the Nigerian population. These people have experienced difficulties in accessing unsecured, short-term micro-loans from financial instructions for several reasons. Interswitch has now partnered with 6 leading banks and…

Nigeria’s foremost Health Maintenance Organisation (HMO) Hygeia continues to define and set new standards for health maintenance services in Nigeria and Africa, deploying global best practices. In a bid to improve transparency and service quality in the healthcare space, Hygeia recently launched its mobile app called the Hygeia Mobile App.…

Blackberry unveiled a new smartphone, the Blackberry Motion, at the ongoing 37th GITEX Technology Week which kicked off yesterday in Dubai. This is the follow-up to the Blackberry KEYone which was introduced at the Mobile World Congress in February this year. The infamous smartphone leaker, Evan Blass (@evleaks) had already…

Instagram has introduced and interactive poll sticker in Instagram Stories that lets you ask a question and see results from your friends and followers as they vote. Whether you want to choose the shirt to wear for that party or the restaurant to take your bae to, you can let your…

LiFi, short for Light Fidelity, may be here earlier than we think if the breakthrough recorded by Chinese scientists is anything to go by. LiFi is a wireless optical network technology that uses Light Emitting Diodes (LEDs) for performing data transfers. A team of Chinese researchers have created F-CDs a fluorescent carbon…

Angaza, a Pay-As-You-Go software company, with offices in San Francisco and Nairobi, has raised $10.5 million in a series B funding round to scale its solution. This funding round was led by Laurene Powell Jobs’ Emerson Collective, joined by Rethink Impact, Salesforce Ventures, Social Capital, and the Stanford StartX Fund. With the previous Series…

Microsoft has launched Microsoft Edge for iOS and Android, designed to make it easy to move what you’re working on between your phone and PC. Remember Microsoft Edge replaced Internet Explorer. Microsoft Edge for iOS is available starting today in preview, with Microsoft Edge for Android available soon in preview. “One…

Entersekt, a fintech solutions company, has raised a new round of funding with assistance from co-investment vehicle Endeavor Catalyst. The investment marks Endeavor Catalyst’s first ever in South Africa. “We believe in the growth potential of Entersekt and in the idea that you can potentially build scale-up companies in every market across…

Kirusa’s Instavoice service has reached the remarkable landmark of 100 billion calls handled via its call completion service platform. According to Kirusa, a global leader in communication solutions over data networks for consumers and enterprises, the 100 Billion mark was captured on Kirusa’s internal analytics platform, a tracking system that traces the total…

The President of the Federal republic of Nigeria has presented Mrs Aishah Ahmad to the Senate for confirmation as Deputy Governor of the Central Bank of Nigeria (CBN). The announcement was made via a state house press release made by Femi Adesina, the Special Adviser to the President (Media and Publicity) yesterday.…

The promoters of Appsafrica.com have announced the shortlisted finalists for the Appsafrica.com Innovation Awards 2017 Now in its third year, this year’s edition attracted over 300 submissions from across 31 countries which were judged by an independent panel of leading industry experts from across the ecosystem. “The AppsAfrica Awards were originally set up three years ago…

Netflix is raising its subscription prices in November, According to a Mashable report, the streaming video service will be raising prices on its middle and top tier plans in the U.S. Subscribers who currently pay for the standard $9.99 service will be charged $10.99. The standard allows subscribers to watch on two…

Amazon is said to be testing a new delivery service intended to make more products available for free two-day delivery and relieve overcrowding in its warehouses. This will certainly push the online retailer deeper into functions handled by longtime partners United Parcel Service Inc. and FedEx Corp. According to Bloomberg, the delivery service…

Google Clips is a new smart, hands-free, camera from tech giant, Google. Google Clips captures motion photos that last several seconds (without audio). Hold it, clip it, or set it down to get memorable clips from unique perspectives. Google Clips is smart enough to recognize great expressions, lighting and framing. So the…

Google launched a new laptop at its October 4 event called the Google Pixelbook. The new performance Chromebook unibody is 10.3mm thin and can be folded into a tablet. It is super light (1.1kg), boots in seconds, and comes with a long-lasting battery. According to Matt Vokoun, Product Management, Hardware, Google,…