Adobe announced that it is acquiring Figma for $20 billion, comprised of approximately half cash and half stock. It is interesting to note that Figma was valued at $10 billion by the end of May 2021 when it raised $200 million. Adobe says it will grant Figma’s CEO and employees approximately…
Author: Staff Writer
Brazilian payments giant, EBANX, announced that it is expanding into Africa, starting with Nigeria, Kenya and South Africa. After about ten years of operating in the Latin America, EBANX says it is ready to take on the world by expanding into new territories and believes that Africa is the next…
Meta announced that it will soon start testing the ability to start Community Chats directly in Messenger and expand the chat experience to more Facebook Groups in the coming weeks. With Community Chats, people can connect with their communities in real time around the topics they care about on both…
Africar Group has secured an investment from Stellantis, one of the world’s leading automakers and a mobility provider to create a new subsidiary named Auto24, an African used-car marketplace. Auto24 has also launched operations in Abidjan, Côte d’Ivoire According to reports, the Middle-East and Africa Used Car Market was valued…
Unless you’ve been living under a rock for the past few years, you know that veganism is steadily growing in popularity, and plant-based foods are becoming more and more accessible and delicious! Some people go vegan for their health, others for ethical reasons, and for some, it’s an environmentally conscious…
Before any application sees widespread use, its artificial intelligence (AI) has to learn the tools of its trade. Think of it as the AI going to school, with the developer as its teacher. With instruction and experience, the AI will become self-sufficient, responding to data without further input from human…
Kippa, the all-in-one financial management solution for small businesses in Africa, announced that it has secured $8.4 million in a seed round with investors such as Goodwater Capital, TEN13 VC, Rocketship VC, Saison Capital, Crestone VC, VentureSouq, Horizon Partners and Vibe Capital. In 2021, the startup raised $3.2 million in a…
The Ionic framework is becoming increasingly popular. Many developers use this framework to build cutting-edge, high-tech cross-platform mobile applications. However, as a startup, hiring an Ionic developer is challenging. Why? It is because of the skills they must possess and the flexible mindsets they must have, which are not easy…
Bitmama Inc., a US and African-based blockchain payments startup announced that it has raised an additional $1.65 million, bringing its total pre-seed round to about $2 million. The startup had earlier raised $0.35 million ten months ago. The latest round is led by Unicorn Growth Capital and Launch Africa Ventures,…
Fraudsters now use special machines to clone copies of people’s credit cards. However, the most common card fraud occurs when a person’s card details get into the wrong hands. Sometimes this could be from online databases or email scams. Stolen or lost cards can also result in such frauds. In…
Have you ever tried reposting on Instagram and found out that you have to download a third-party app to do this? You have to now decide which third-party app to use and if the app will not introduce a bug or if you have to pay for it. If you…
Social media platform, TikTok, has entered into a partnership with a local public wifi service provider, ThinkWifi, to pilot 50 free WiFi hotspots spread across Soweto, Gugulethu, Khayelitsha as well as Bushbuckridge in South Africa. This initiative is part of the company’s ongoing commitment to empower local communities and has…
Whether you run a small or big company, proper communication is essential to your success. Your business is more likely to suffer if there are poor interactions between employees, clients and each other. That’s why creating proper communication models is an essential skill every business owner should master. There are…
In addition to the iPhone 14 and iPhone 14 Plus, Apple also unveiled the iPhone 14 Pro and iPhone Pro Max, making a total of four smartphones launched today. Powered by A16 Bionic, the fastest chip ever in a smartphone, iPhone 14 Pro introduces a new class of pro camera…
Apple unveiled its latest in the iPhone series – the iPhone 14 series in a press event today. The iPhone 14 series consists of the 6.1-inch iPhone 14 smartphone and 6.7-inch iPhone 14 Pro. The phones feature a durable Ceramic Shield front cover and a Glass back and aluminium design.…
NowNow Digital Systems, a Nigerian fintech startup founded by CEO Sahir Berry and co-founder Mahesh Nair, announced that it has secured $13 million in a seed funding round to scale and expand its service offerings across Africa. Founded in 2018, NowNow is a leading African B2B and B2C FinTech company whose mission is…
Google has released the list of recipients of the 2022 Google for Startups Black Founders Fund in Africa. Out of the 60 startups selected as beneficiaries, 23 of them are from Nigeria. Other countries represented include: KenyaRwandaSouth AfricaUgandaGhanaCameroonEthiopiaBotswanaSenegal The Google for Startups Black Founders Fund in Africa is one of…
The Nigeria Export Processing Zones Authority (NEPZA) is in talks with Binance and Talent City to create the first Virtual Free Zone in West Africa. According to Prof Adesoji Adesugba, NEPZA’s Managing Director, the partnership when agreed would be similar to the Dubai Virtual Free Zone. last year, Binance signed an…
Mr. Elon Musk is an entrepreneur and business magnate who has made a name for himself in the technology and automotive industries. He is the founder, CEO, and CTO of SpaceX, co-founder of Tesla Motors, and chairman of SolarCity. In addition to his many business ventures, he is also known…
eCommerce giant Jumia and Zipline have jointly announced a collaboration to deploy automated on-demand delivery in Africa. They also announced that a pilot program and testing were launched a few months ago in Ghana to commence the deployment. This collaboration will integrate Zipline’s automated on-delivery system with Jumia’s existing distribution…