Author: Staff Writer

SubsBase, a subscription management platform, announced that it has raised $2.4 million to scale its activities across the Middle East and North Africa (MENA). The seed funding round was led by Global Ventures, a Middle East and Africa-focused venture capital firm with other participating investors including HALA Ventures, P1 Ventures,…

From August 17 to September 15, 2022, I&P Conseil is launching a call for applications for the new edition of the Investment Readiness training, which is part of I&P Acceleration in Sahel program. 10 new entrepreneurship structures (incubators, acceleration centers, start-up studios) will benefit from a training program dedicated to…

Did you know the typical American uses their smartphone 345 times a day? That’s about every four minutes. A mobile app is used by approximately 88.2 percent of adults in the United States. Businesses realize they need to improve their mobile apps’ user experiences to keep up with the competition…

MTN Nigeria, one of the mobile telecommunications companies, that won a license to deploy 5G in Nigeria in December 2021, announced that it has kicked off a 5G pilot in the lead-up to its commercial launch. Nigerian Communications Commission (NCC), the Nigerian telecoms regulatory body, had given the license winners – MTN…

Alphabet Inc, the company behind search engine giant Google, has launched Google Wallet in South Africa. In July this year, it was officially made available on Android and Wear OS devices in 39 countries. Now South Africa has joined the list of countries where Google Wallet is available. Google Wallet…

Tech giant, Meta, announced that applications are now open for the AR/VR Africa Metathon in partnership with Imisi 3D and BlackRhino VR. The AR/VR Africa Metathon is a series of programmes and activations under the Meta global XR fund aimed at supporting African XR talents to build innovative solutions that demonstrate…

Sports giant, Adidas has launched solar powered headphones – the Adidas RPT-02 SOL – that has up to 80 hours of stored playtime. Built from 87% recycled plastics, the Adidas RPT-02 SOL sports a headband that incorporates a solar cell fabric called Powerfoyle, which transforms sunlight, artificial light and indoor light…

The Federal Competition and Consumer Protection Commission (FCCPC) in Nigeria has once again urged fintechs, Telcos to stop dealing or assisting unlicensed lending companies. The Commission specifically mentioned the following lending firms: Maxi Credit, Here4U, ChaCha, and SoftPay. This was reiterated in a statement released by the Executive Vice Chairman…

Tech giant Apple has advised its users to update their iPhones, iPads, and Macs immediately to protect against recent security vulnerabilities that can allow hackers take control of their devices. Discovered by an anonymous researcher, the security vulnerability can “execute arbitrary code,” which means the Apple device can be hacked…

Omnibiz, a Nigeria-based B2B e-commerce startup, announced that it has raised $15 million in a pre-series A round led by Timon Capital, with other VC firms such as Ventures Platform, Lofty Inc, Chapel Hill Denham, Chandaria and Musha Ventures participating. The same company secured $3 million in 2021. According to…

Microtraction, a Nigeria-based but Africa focused early-stage venture capital firm, announced a $15 million first close of its second fund, the Microtraction Community Limited for early-stage African startups. Microtraction was founded by Yele Bademosi and Kwamena Afful in 2017, with initial backing from PAVE Investments, Michael Seibel, Andy Volk, and Chris Shultz. The firm says that it…

Koolboks, a Paris-based and Africa-focused startup, announced that it has closed a $2.5 million seed round to scale solar refrigeration in Africa. The seed round was led by Aruwa Capital Management, a Nigeria-based growth equity fund with participation from Acumen, Blue Earth Capital, All On, GSMA and other investors. This…

iProcure, a Kenyan B2B agtech startup, announced that it has raised $10.2 million in a Series B funding round. The amount raised includes $1.2 million in debt led by Investisseurs & Partenaires (I&P) and with participation from Novastar Ventures, Ceniarth, and British International Investment (BII). Along with other investments including…

CPR, or cardiopulmonary resuscitation, is an important life-saving technique that everyone should know. CPR can be the difference between life and death in an emergency situation, so it is important to be prepared in case of an emergency. 2 Main Types of CPR There are two main types of CPR: …

Sony Music Publishing has opened a new African office in Nigeria and appointed veteran creative executive, Godwin Tom as the Managing Director. He will be reporting to President, International Guy Henderson Sony Music Publishing (formerly Sony/ATV Music Publishing) is the largest music publisher in the world, with over five million songs owned or…

The game of golf has been changed by technology in a number of ways. Perhaps the most obvious way is the equipment that is used. Golfers now have access to clubs and balls that are specifically designed to improve their game. This has made it possible for golfers to hit…

There is no single path to success in business. That said; there are a few common traits that all successful businesses share and it’s these similarities that define the winners from the losers. If you’re looking for ways to improve and grow your business, why not take a leaf out…

Toyota Tsusho has invested an undisclosed sum in Verod-Kepple Africa Ventures (VKAV) to support startups and pursue opportunities for business synergies with Toyota Tsusho Group in Africa. This new investment is aimed at sourcing for startups in the healthcare, consumer goods, carbon neutral and other fields and pursuing business synergies…

Sony has now launched a page for PC games on its PlayStation website as it seeks to grow its user base and increase revenue. The company is expecting to see nearly 50 percent of its game launches to be PC and mobile by 2025. It expects to make $300 million in…

In a recent report by Pew Research, a nonpartisan American think tank based in Washington, TikTok has established itself as one of the top online platforms for U.S. teens, while the share of teens who use Facebook has fallen sharply. Note that even though this 2022 survey report on Teens,…