Smart Africa Digital Academy (SADA) in collaboration with Benin’s Ministry of Digital Affairs and Digitalisation has launched a national digital academy in the country to boost digital skills on the African continent. The launch of SADA in Benin follows launches in other countries namely: Rwanda, Ghana and The Republic of…
Author: Oluwasegun Olukotun
Nigerian mobility startup, Treepz announced it has hit 2 million completed trips across Africa in less than 3 years. Formerly Plentywaka, Treepz was launched in 2019 by Onyeka Akumah, Johnny Ena, John Shaibu and Afolabi Oluseyi. The bus-hailing service allows commuters to book and pay for Treepz trips in real-time.…
Bboxx, a platform for life-changing products and services on the African continent has acquired PEG Africa, one of the largest providers of distributed energy in West Africa. The agreement was closed on 6th September 2022. While the financial details of the deal have not been disclosed. The acquisition cements Bboxx’s…
MTN has partnered with Dooka, a new African Business-to-Business (B2B) marketplace to make corporate procurement easy in Africa. This partnership will drive a revolution in corporate procurement by bringing the ease of consumer marketplace buying to corporations across Africa. This innovation will lead to equitable access, digital transparency and greater…
Egypt’s Endure Capital has completed the first close of its new $50 million fund to invest in early-stage startups across Africa. The limited partners who have invested in the fund include British International Investment (BII) – the UK’s Development Finance Institution and impact investor, formerly known as CDC Group; The…
Uber has launched several products and features which are going live this month in South Africa, Ghana, Kenya, Côte d’Ivoire and Nigeria. The launch, which took place simultaneously across various locations in Sub-Saharan Africa (SSA), also showcased Audio Recording, the latest addition to its suite of safety features. Speaking at…
Egypt-based seed and early-stage venture capital, Flat6labs in partnership with SANAD Entrepreneurship Academy has launched an agritech accelerator programme to assist 10 to 12 startups in each cycle to improve their business models, product development, customer relationships, marketing plans, and financial management. This partnership will drive Flat6Labs’ mission to support…
African video streaming service, Showmax, has announced the appointment of Opeoluwa Filani as General Manager for its Nigeria operations. Filani becomes the first ever General Manager in Nigeria for the streaming app which has continued to expand its presence and investment in the country. Announcing Filani’s appointment, Yolisa Phahle, the CEO of MultiChoice Connected Video,…
Pan-Africa microfinance bank, Carbon Finance has extended its partnership with Mambu to continue growing its financial services offering and accelerate expansion. The agreement enables Carbon to offer the full spectrum of banking products and services, and launch Carbon Zero, its new ‘Buy now, pay later’ (BNPL) product. Founded in 2012,…
Meta has launched a new campaign, Creators of Tomorrow to celebrate emerging talents from around the world who are inspiring a new movement of creative content online. The campaign spotlights creators in Sub- Saharan Africa from East Africa, Southern Africa and Francophone Africa. The selected Creators of Tomorrow are breaking…
Africa’s crypto-gaming community, Metaverse Magna (MVM) has secured $3.2 million in a seed sale token round. The fund was raised from investors such as Wemade, Tess Ventures, LD Capital, Taureon, Gumi Cryptos Capital, HashKey, AFF, Polygon Studios, Casper Johansen (Spartan), and IndiGG. The platform will deploy the proceeds from the…
Egypt-based car service app, 3atlana has secured a six-figure seed round from Egypt’s automotive company Ghabbour Auto. 3atlana was founded in 2020 by Sherif El Adham, Ahmed Hassan and Amr Hesham to make essential car services easier, faster and more efficient by providing everything a driver may need, including scheduling…
Tecnotree, a Finnish global provider of digital transformation solutions for Communication Service Providers (CSPs) and Digital Service Providers (DSPs), has signed a multi-million-dollar deal with MTN Nigeria, for the deployment of its 5G ready digital BSS solutions. MTN is driven by the goal to provide cutting-edge digital services and have…
African-born startup, Moove has launched in Europe with a 100% EV rent-to-buy model that provides access to brand new, zero-emissions vehicles for a flat weekly fee. Moove wants to be the largest EV partner on Uber’s platform in London with plans to scale to up to 10,000 vehicles by the…
WorldRemit and Hello Paisa have entered into a partnership to provide cash pickup services throughout Zimbabwe. The partnership will enable Zimbabweans to collect remittances in US dollars at over 120 Hello Paisa payout locations across Zimbabwe. Zimbabweans in the diaspora will effortlessly be able to send money back home and…
Egypt-based healthtech startup Shezlong has expanded its operations to South Africa under the brand name Upright. The startup is the first and largest psychotherapy platform in the MENA region. Founded in 2014 by Ahmed Abu ElHaz, and Mohammad ElShami, Shezlong offers a platform that connects users with licensed therapists through video…
Emonovo (formerly MARJ3), the MENA region’s leading Ed-tech platform, has successfully raised an undisclosed bridge round by strategic angel investors from the US, Europe, and MENA and follow-on investment from Flat6Labs. Emonovo (Formerly MARJ3) is the MENA region’s leading Ed-tech platform that utilizes technology and data to match MENA youth…
Nigeria’s digital bank, Eyowo unveiled its first digital payment offering – the Better Card – which is certified by Mastercard. Eyowo is one of the pioneer partners in Nigeria to join Mastercard’s First Digital Card Program. The digital bank brings a best-in-class digital banking experience to its customers. This includes…
Egypt-based solar energy company KarmSolar has initiated a round of capital increase, supported by US-based Synergy Consulting as the sell-side advisor. Founded in 2011 by Ahmed Zahran, Omar Hosny and Tamer Essawy, KarmSolar aims to enlarge the private solar energy market in Egypt, offering its integrated solutions across the industrial,…
First Bank of Nigeria (FBN) has announced that its agent banking network – Firstmonie Agents has collectively processed transaction volume of over 1 billion, amounting to over 22 trillion Naira. The bank in 2021 disclosed that the number of its Firstmonie agents had grown to 86,000. However, the bank has…