On November 16, 2023, ZojaPay, an innovative payment application dedicated to streamlining financial transactions, officially entered the Nigerian market. Functioning as a peer-to-peer financial inclusion platform, ZojaPay focuses on simplifying payments and ensuring easy access to cash for the retail market. The comprehensive digital financial app supports both contactless and…
Author: Smart Megwai
Nigeria is on the brink of introducing an automated passport application process, as stated by the Minister of Interior, Olubunmi Tunji-Ojo. Speaking on Channels Television’s Politics Today program, the minister assured that the automated system would be operational “in the next one week.” Tunji-Ojo emphasised that the technology behind the…
YouTube has launched “The Voices of Africa,” a social campaign to celebrate the continent’s unique and traditional expressions. Developed in collaboration with a curated group of African creators, this campaign is poised to honor and showcase the diverse and unique cultural expressions prevalent across the continent. Creators originating from Sub-Saharan…
Fuse Network, a leading Web3 payment infrastructure provider, has introduced its groundbreaking Web3 Business Grant Program, allocating $10 million to support global businesses. The initiative aims to offer essential funding and infrastructure, streamlining access to Web3 payment systems and empowering businesses on a global scale. The $10 million grant program…
Kenyan agri-tech startup, Twiga Foods, has successfully raised an undisclosed amount of funding from a consortium of investors, featuring notable names like Creadev and Juven. The capital injection coincides with a significant restructuring phase for the company, resulting in the departure of nearly 40% of its workforce. While the exact…
Endeavor Kenya, a non-profit organisation dedicated to supporting high-impact entrepreneurs, has unveiled its groundbreaking ScaleUp Program. Representing a major milestone in their mission, this inaugural cohort-based initiative aims to propel ten high-growth ventures in East Africa to new heights by providing essential resources and an extensive support network. What is…
MPost, a renowned Kenyan tech startup celebrated for its innovation in transforming mobile numbers into virtual addresses, has declared a significant operational change. The company is shifting its headquarters from Nairobi to Kigali, the capital of Rwanda, effective November 2023. This move is part of a broader trend where Kenyan…
Over 7,000 Nigerian women tech founders have enrolled in a government-led training initiative, co-organised by the National Information Technology Development Agency (NITDA). The Director-General of NITDA, represented by Amina Magaji, the Interim Director of Digital Literacy and Capacity Development, disclosed this during the launch of the Female Tech Founders Training…
Huawei and Xiaomi, major players in the Chinese smartphone industry, are making strides in the competitive Chinese electric vehicle (EV) market, potentially influencing Apple to enter the global EV race. Huawei’s debut Aito M7 SUV garnered 80,000 orders within the initial 50 days, while Xiaomi, having developed a car operating…
Vodacom, in collaboration with the Free State Department of Health, has introduced digital health solutions to enhance medical care in public hospitals across the province. According to a statement from Vodacom, the solutions include the computer-aided dispatch (CAD) system and the assisted reality medico-legal surveillance system (ARMSS). The CAD system…
South African payment platform Stitch has introduced “Pay With Crypto,” enabling customers to make payments with cryptocurrency while businesses receive settlements in rand. Users can send bitcoin or ether directly, or utilise crypto balances from their Valr or Binance wallets. Stitch developed this functionality through the Valr Pay API, a…
Bloc Microfinance Bank, a subsidiary of the pioneering fintech startup Bloc, has been granted Approval-in-Principle (AIP) by the Central Bank of Nigeria (CBN). This move paves the way for Bloc to launch its innovative banking services in Lagos, the country’s commercial capital. The AIP, issued by the CBN, is a…
London-based fintech startup Zazuu, dedicated to the African market, has officially ceased operations due to its inability to secure additional funding. The closure was announced through a LinkedIn post, citing the challenging funding climate as the primary reason for the decision. Despite raising $2 million in June 2022 to enhance…
Bolt, the ride-hailing service, has unveiled its final 20 contenders for the Den accelerator program’s coveted Bootcamp phase. These drivers, hailing from Abuja, Lagos, Rivers, Kaduna, and Kwara, will present their innovative ideas on November 20, 2023, to a diverse panel of judges representing various sectors such as technology, banking,…
So, you know how life can get a bit chaotic with emails, right? I mean, between catching up with pals, dealing with work stuff, and keeping track of orders, it’s like a constant email marathon. But hey, not all emails are worth your time, especially those from folks you’d rather…
Kaspersky, a renowned global cybersecurity company, announced it has opened its inaugural Transparency Center in Africa. The new facility, situated in Kigali, Rwanda, is part of Kaspersky’s broader Global Transparency Initiative, aimed at emphasising the reliability of the company’s solutions and advocating for increased transparency within the cybersecurity industry. The…
Fintech giant Cellulant has recently received initial approval to function as a Payment Service Provider and Payment Facilitator in Egypt, marking a pivotal step in its global expansion strategy. With a footprint in 35 markets and operational licenses along with physical offices in 19 countries, Cellulant boasts the most extensive…
Chimoney, a global payment solutions provider backed by Techstars and based in Canada, has successfully acquired Scrim, a socially-driven payment app tailored for the digital generation. This acquisition holds particular significance given the challenges posed by PayPal’s current restrictions in African markets. The acquisition, as announced in a press release,…
Showmax, a leading streaming service in Africa, is gearing up for a major relaunch in February 2024, celebrating its eighth year in the African streaming market. The announcement follows a recent notice on its website, indicating that access to Showmax outside of Africa will cease from December 1, 2023. The…
WiCrypt, the pioneering African Web3 startup known for its blockchain-based WiFi sharing network, has taken a significant step by appointing Onega Ventures as the exclusive distributor of its devices in China, marking the company’s foray into the Asian market. Established in 2018, WiCrypt transforms how people access WiFi. You can…