Author: Staff Writer

Nigerian Mobility startup, Moove, announced that it has secured $20 million from British International Investment (“BII”), the UK government’s Development Finance Institution (DFI), formerly known as CDC Group. According to Moove, the 4-year structured credit investment will play a key role in expanding its operations in Nigeria and significantly strengthen…

There is so much more to nursing than the majority of the world sees. Even recently, when the role of nursing has become so much more well known and appreciated, there is still a lot that takes place that no one except other healthcare professionals know about and understand. One…

Kukua, an Africa based edutainment startup, announced that it has raised $6 million in a series A funding round led by Chinese based internet giant, Tencent and Italian based VC Alchimia. In 2018, the company raised $2.5 million in a seed funding round led by Echo VC, the leading Africa-focused venture capital…

Tecno launched the Tecno Camon 19 series which includes the Camon 19, Camon 19 Pro and Camon 19 Pro 5G in Nigeria yesterday. It was officially announced at the at Rockefeller Center, New York in June this year. The Camon 19 series is a direct successor to the Camon 18 launched last…

MTN’s Mobile Money (MoMo) Payment Service Bank, the fintech subsidiary of MTN Nigeria is said to have dragged 18 banks to court in a bid to retrieve N22.3billion ($52 million) involved in a “security breach” experienced barely a month after it officially commenced operations. Apparently, the security breach involved the…

FirstCheck Africa announced that it has received a $2 million commitment from TLcom Capital, an Africa-focused Venture capital firm, to its $10million Debut Fund. It also announced that Eloho, one of its founders, has joined TLcom Capital as a Partner, adding to her existing day-to-day role as Co-Managing Partner at FirstCheck Africa…

Senegalese Khabane “Khaby” Lame has officially become the most followed content creator on TikTok. Khabi on Wednesday night, swept past Charli D’Amelio garnering a follower count of 142.6 million to D’Amelio’s 142.3 million. About a year ago, he became the second person to hit 100 Million Followers on TikTok and…

Kenyan food startup, Kune Food, is shutting down barely a year after it started operations. Founder and CEO, Robin Reecht, disclosed this on his LinkedIn page some hours ago Last year, Kune Food raised $1million in a pre-seed funding round to launch its on-demand food service in August. However the…

Thepeer, a Nigerian tech infrastructure startup connecting businesses’ wallets, announced that it has raised $2.1 million in a seed round funding led by Raba Partnership. Other participants include Rallycap, BYLD, Timon Capital, Musha Ventures, Sunu, and Uncovered Fund as well as leading African fintechs Chipper Cash and Stitch. Taking into…

Nollywood production house, Nemsia Films has entered into a 3-picture deal with video streaming and subscription service, Amazon Prime. Founded by Derin Adeyokunnu and BB Sasore, Nemsia Films past productions include God Calling, Before 30 and Journey Of An African Colony. The first film under the deal will be “Breath of Life,” written and…

This is intense competition among social media platforms to attract creators and to ensure they remain on the platforms. One of the easy ways is to ensure creators make money on the platforms. Mark Zuckerberg has just listed new ways for creators to make money on Facebook and Instagram. According…

Fido, a Ghanaian fintech, announced that it has raised $30 million in a Series A round led by Israel-based private equity fund, Fortissimo Capital with participation from Yard Ventures; a VC fund by Harvard alumni. The company intends to use the funds for the following: introduce savings and payment products before…

Healthtracka, a Nigerian digital health platform that offers at-home health tests, announced that it has raised $1.5 million in seed funding. Investors include femal VCs such as Africa-focused early-stage VC Ingressive Capital and U.S.-based venture fund Hustle Fund. Angel investors included Alumni Angel Alliance and Flying Doctors.  Late last year,…

There are thousands of mobile apps, and the total continues to rise every day. Making money from a mobile app is more difficult than traditional software because many people aren’t willing to pay that much for a mobile-based solution. Alternative strategies to upfront payments are used to make a profit,…

Afropolitan, a community-as-a-service startup that wants to build a digital nation for Africans, announced that it has raised $2.1 million. Over 25 Angel investors were involved in the raise including Balaji Srinivasan, a high-profile figure in the crypto space and the ex-CTO of Coinbase, Elizabeth Yin of Hustle Fund, Shola Akinlade of…

At the Innovation Village – Live webinar on “how to increase funding for startups in the healthcare sector”, held a couple of days ago, Ikechukwu Anoke talked about the reason he started Zuri Health. Launched by Ikechukwu Arthur Anoke and Daisy Isiaho in 2021, Zuri Health provides its mass-market customers…

WhatsApp announced some new features for its group call service some days ago. The Meta-owned messaging platform announced the new features on its Twitter page and they include: the ability to mute othersthe ability to message specific people and seeing a banner when someone joins offscreen Will CathCart, head of…

eCommerce giant, Amazon, is said to be planning to enter into Africa and South Africa in 2023. As reported by Business Insider, this is part of its expansion plans into Africa, Europe, and South America. The report stated that Amazon intends to expand into Belgium, Chile, Colombia, Nigeria, and South…

ThriveAgric, a Nigerian Agritech startup has emerged the winner of Visa Everywhere Initiative beating four other finalists to represent the CEMEA (Central Europe, Middle East, Africa) region at global finals event taking place in Qatar in November 2022. ThriveAgric also goes home with $25,000 as the grand prize. The five…

Roofs are a key part of your everyday life, and ensuring they’re protected keeps your life running smoothly. In a commercial setting, protecting your roof makes sure your operations go as they should. One way to protect a commercial roof is with coatings, so what should you know? 1. What…