Author: Staff Writer

I am a staff at Innovation Village.

Cue, a fast-growing South African customer service startup, announced that it has successfully concluded its seed funding round, securing an impressive $2 million from angel investors. It raised $500k last year and an additional $1.5m this year to finalise a $2 million raise. This funding marks a pivotal moment for…

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In an era where the corporate world demands agility and the ability to pivot at a moment’s notice, the sophisticated art of business travel has become an indispensable skill in the arsenal of the modern professional. This article shall attempt to unravel the intricacies of this art form, presenting tips…

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Equitel in Kenya, a subsidiary of Finserve and a wholly owned subsidiary of Equity Bank, has become the first mobile virtual network operator (MVNO) in Africa to introduce 5G services. Leveraging its partnership with Airtel Kenya’s mobile network, Equitel has pushed the boundaries of connectivity by building upon the success…

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Abu Dhabi-based ADQ, a prominent investment and holding company, recently revealed an ambitious investment plan totaling $35 billion in Egypt. The cornerstone of this strategic move is the acquisition of development rights for Ras El-Hekma, a coastal region situated approximately 350 kilometres northwest of Cairo, for a staggering $24 billion.…

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In a significant step towards enhancing financial inclusion, particularly for smallholder farmers in Mozambique, the International Finance Corporation (IFC) has inked a collaboration agreement with Vodafone M-PESA Mozambique. This partnership aims to leverage the power of mobile money services to reach rural areas and uplift the agricultural sector, a critical…

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FairMoney, a prominent digital bank headquartered in Paris with operations in Lagos, is reportedly in early-stage discussions to acquire Umba, a credit-focused digital bank providing financial services in Nigeria and Kenya. The potential $20 million all-stock deal highlights FairMoney’s strategic interest in expanding its footprint, especially in the Kenyan market.…

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Esports, once confined to niche communities, has undergone a remarkable transformation, transcending geographical boundaries to become a global cultural phenomenon. From humble beginnings in local arcades and LAN parties to sold-out stadiums and multi-million-dollar tournaments, the rise of competitive gaming has captured the imagination of millions around the world. Within…

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In a strategic move to revolutionize last-mile transportation in Nigeria, electric-scooter startup Spiro is enticing motorbike taxi operators to embrace the green alternative amid regulatory challenges. Teaming up with the Ogun State government, Spiro plans to deploy 250 stations over the next six months, allowing drivers to seamlessly switch electric…

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