Author: Staff Writer

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,…

Pastel, a Nigerian digital bookkeeping and digital platform for merchants announced that it has raised $5.5 million in a seed round led by TLcom and other Venture Capital firms including Global Founders Capital (GFC), Golden Palm Investments, DFS Labs, Ulu Ventures, Plug and Play, and Soma Cap. It raised a…

Watu Credit Uganda, one of Uganda’s leading asset financing companies, has received a $10 million investment from Verdant Capital through its Verdant Capital Hybrid Fund. Specifically focused in the business of financing two-wheelers, Watu says the investment will provide Watu with more capital to finance motorbike taxis thereby helping to…

Samsung has introduced new smartphones and accessories including the Galaxy Z Flip4, Galaxy Z Fold4 and Galaxy Buds2. This is the fourth generation of foldable smartphones released by the tech giant. The last set of foldables including the Galaxy Z Flip3 and Galaxy Z Fold3 were launched exactly a year…

Yellow Card, a Pan-African crypto exchange has launched a new product, Yellow Pay, which allows users send and receive money through the Yellow Card crypto exchange platform, without any extra charges. According to Oparinde Babatunde, Yellow Card Director of Operations, “one of the biggest challenges in Africa is the difficulty…

South African AI-as-a-service firm, DataProphet announced that it raised $10m in Series A funding round led by an existing investor, Knife Capital, joined by existing investors too – IDC and Norican. Knife Capital began investing in DataProphet in early 2018 via its KNF Ventures Section 12J funding vehicle. It also…

Machine learning can be used for a lot more than just RPA, virtual assistants, and autonomous vehicles. We can also use machine learning to identify duplicates in your Salesforce environment. In this article, we will take a look at how machine learning algorithms can be trained to dedupe Salesforce. How…

Billionaire Elon Musk has sold 7.9 million units of Tesla amounting to $6.9 billion. It would seem he is preparing for the worst case scenario in his $44 billion Twitter purchase lawsuit. Regulatory filings show that the sale took place after the firm’s annual shareholder meeting last week. He already…

TeamApt, an African fintech with origins in Nigeria, announced that it has completed a financing round and brought on-board QED, a premier Venture Capital firm in the fintech space. Existing investors such as Lightrock, BII, and Novastar Ventures — also participated in this round. Though TeamApt has not officially mentioned…