Author: Staff Writer

Nigerian fintech company, Flutterwave, has unveiled ambitious plans to invest $50 million in Kenya, signaling its strong optimism regarding the issuance of its operating license in the country. The announcement was made by Flutterwave’s Chief Executive and Co-founder, Olugbenga Agboola, during a recent media interview held in Nairobi. Agboola also…

Nigerian cloud infrastructure company, WhoGoHost, has completed the full acquisition of SendChamp, a cloud communications startup specializing in online messaging solutions for African businesses. The acquisition, which encompasses both cash and equity components, represents a strategic move by WhoGoHost to enhance its value proposition to its customer base. Established in…

The National Identity Management Commission (NIMC) has launched a self-service solution that allows Nigerians to easily register for their National Identification Number (NIN) using their smartphones. The platform’s launch coincided with the commemoration of the 5th Identity Day by the Commission and the Ministry of Interior in Abuja. During the…

Walmart has reaffirmed its dedication to the African market by intensifying its online initiatives with South African retailer Massmart. Over a decade ago, Walmart acquired a controlling stake in Massmart with the aim of tapping into Africa’s burgeoning consumer market. However, a series of challenges, including a commodities crash, pandemic-related…

In a recent development, TikTok has incurred a hefty fine of 345 million euros ($370 million) for violating privacy regulations concerning the handling of children’s personal data within the European Union, as announced by the bloc’s primary regulatory authority on Friday. Ireland’s Data Protection Commissioner (DPC) disclosed that the Chinese-owned…

Mecho Autotech, a pioneering automotive technology platform, announced that it has successfully raised $2.4 million in a pre-Series A funding round. Global Brain Corporation, Ventures Platform, and Uncovered Fund participated in this funding round. Last year, the Y Combinator-backed Nigerian vehicle repair and maintenance startup, closed a $2.15 million seed…

Emata – the agricultural finance solution for East African farmers – announced that it has successfully completed a $2.4 million seed fund raise, comprising $800,000 in equity and $1.6 million in on-lending capital. The fund raise was led by African Renaissance Partners – the VC firm investing in entrepreneurs in…

If you’re a business owner or manager, you’ve probably had a moment where you wished for a better way to manage scheduling—be it for appointments, employee shifts, or resource allocation. In this digital era, choosing the right scheduling system can be a game-changer for your operations. But which is the…

Morgan Stanley has unveiled its 2023 global cohort for the Inclusive Ventures Lab, with a notable expansion in the number of companies selected. This year, the Lab has doubled in size compared to previous cohorts, with 23 exceptional startups from North America, Europe, the Middle East, and Africa (EMEA) securing…

“Calm Down” by Nigerian singer Rema (real name – Divine Ikubor) has become the first song by African artist to join Spotify’s billions club. This means that the hit single featuring Selena Gomez, has racked up over 1 billion streams on Spotify. He is also one of the top 10 most-streamed Afrobeats artists…

Tech giant Apple unveiled the latest in its iPhone series – iPhone 15 and watches – Watch Series 9 and the second generation of Watch Ultra at the “Wonderlust” Apple event held on Tuesday, 12th September.2023 Apple iPhone 15 The iPhone 15 lineup include the iPhone 15, iPhone 15 Plus,…

Uber appears to be considering an expansion beyond its traditional ridesharing and food delivery services. A portion of code discovered by Bloomberg hints at the introduction of a “Chore” option within the app, potentially enabling users to hire individuals for various tasks. This is similar to the service offered by…

Flutterwave has rolled out ‘Swap,’ a novel foreign currency exchange solution that offers Nigerians immediate access to foreign currencies at competitive exchange rates. Whether you need Dollars, Euros, or Pounds, Swap allows you to pay Naira and securely get your foreign exchange The fintech company is utilizing its collaboration with…

In an exciting development, Interswitch, Africa’s leading integrated payments and digital commerce company, has announced its collaboration with Google Pay on its Interswitch Payment Gateway (IPG) platform. This strategic alliance is set to revolutionize digital payments in Nigeria, providing businesses and individuals with the convenience and security of contactless payments…

Itana, formerly known as Talent City, announced that it has secured $2 million in a pre-seed funding round led by global venture capitalists LocalGlobe, Amplo, Pronomos Capital, and Future Africa. Established by CEO Luqman Edu, COO Coco Liu, and Aboyeji, a founding investor, Itana is poised to become Africa’s inaugural…

Success is far from certain in Escape from Tarkov’s bleak and cruel conditions. Every move you make in this multiplayer first-person shooter could be your last, and the difference between life and death is as thin as a hair. But fear not, if you are a beginner, here in this…

Vodafone and Vodacom have announced an exciting collaboration with Project Kuiper, Amazon’s Low Earth Orbit (LEO) satellite communications initiative. The partnership aims to leverage Project Kuiper’s cutting-edge satellite network to extend 4G and 5G services to more customers across Europe and Africa. In March 2023, Amazon unveiled a trio of…

Sanlam, Africa’s largest non-banking financial services provider, and Allianz, a global leader in insurance and financial services, have received regulatory approvals for their joint venture. This strategic partnership, which was first announced in May 2022, aims to establish SanlamAllianz, a prominent Pan-African non-banking financial services company with a presence in…

Opera, a global web innovator, is expanding its free data campaign to Ethiopia in partnership with Safaricom, a recent entrant into the Ethiopian market. This initiative aligns with Opera’s commitment to enhancing internet access across Africa, particularly focusing on mobile products and services designed for African consumers. With over $100…

The Catalyst Fund, a pioneering pre-seed venture capital fund and accelerator focused on driving climate resilience innovation in Africa, is proud to announce its successful first closing with over 20% of its targeted $40 million fund already secured. This milestone underscores the Catalyst Fund’s strong commitment to shaping a climate-resilient…