Nigeria’s central bank fines 3 commercial banks $1.9 million for cryptocurrency transactions
The Central Bank of Nigeria (CBN) has penalized three companies for failing to comply with cryptocurrency transaction ban restrictions. The…
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Visa Launches its First African Innovation Studio in Kenya
Visa, a global leader in digital payments, announced the opening of a new Innovation Studio in Nairobi, Kenya, today. Its…
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Moroccan startup WafR, secures $278K from Plug and Play, other angel investors
WafR, an application that allows retail brands to broadcast smart promotions to grocers to improve their market share on the…
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South African Health App, Kena Health Allows You to Consult Doctors from Your Smartphone
Kena Health is a new health app located in South Africa that allows users to interact with a nurse, doctor,…
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Bootstrapping Your Business From the Ground Up
The term “Bootstrapping” is derived from the phrase “to hoist oneself up”. It is a method of starting one’s own…
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Meet the Cohorts charting the new course for marketing and media in Nigeria.
We are ready for Markhack 1.0! Register to attend the launch event on Friday, 8th April Register here
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Nigerian startup ZirooPay secures $11.4M in a series A round
ZirooPay, based in Lagos and Helsinki, has raised $11.4 million in a Series A round led by Zrosk Investment Management,…
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Twitter is Reportedly Developing an Edit Button
Elon Musk, the CEO of Tesla, is already wielding authority at Twitter after acquiring a $2.9 billion stake in the…
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Influencer Marketing is the key to Unlocking Fintech Opportunities
According to a 2021 research by web service provider Yahoo, the worldwide fintech sector is worth close to USD 7300…
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SA HR startup SmartWage completes $2m seed round
SmartWage, an HR and communications technology business based in South Africa, has acquired US$2 million in a preliminary fundraising round…
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4 Sure-Fire Ways to Protect Your Remote Work Environment from Cybersecurity Threats
Threats to cybersecurity are at an all-time high. With more companies adopting hybrid work models, it’s more important than ever…
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Egyptian fintech startup PayMint completes 7-figure seed round for expansion
PayMint, an Egyptian fintech firm, has received a seven-figure US dollar seed investment to help it expand in its local…
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Nigerian lending app Sycamore secures seed round to bolster operations
Sycamore, a Nigerian peer-to-peer (P2P) lending firm, has raised an undisclosed seed round to extend its operations. Sycamore, which was…
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Elon Musk becomes the highest Twitter shareholder, acquires a 9% stake
Elon Musk, the CEO of Tesla Inc (TSLA.O), has purchased a 9.2 percent stake in Twitter for roughly $3 billion,…
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MTN Supports Rural Limpopo & Mpumalanga, South Africa With $56.4-Million Funds
MTN SA has announced an increase in investments to modernize current network infrastructure and deploy new network infrastructure in Limpopo…
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UPS Collaborates with Jumia to Expand its Logistics Services in Africa
Jumia, Africa’s first financial startup and now e-commerce behemoth, and UPS, the world’s largest shipping and receiving firm, have announced…
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Egyptian e-grocery marketplace, ON Market secures $215k pre-seed funding
ON Market, an Egyptian e-grocery marketplace, has raised US$215,000 in pre-seed capital to extend its operations in Cairo, Alexandria, Tanta,…
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Nigerian Government Orders Telcos to Bar 75-Million Unlinked SIMs
Telecommunication providers in Nigeria obeyed the Federal Government’s order on Monday to block any unlinked Subscriber Identification Module (SIM) card…
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Churpy, a Kenyan fintech startup completes $1 million seed funding for pan African expansion
Churpy, a Kenyan fintech startup, has raised $1 million in seed funding to support growth into Egypt, Nigeria, and South…
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Twitter is Working on a Co-Author Feature
Twitter has begun testing the ‘co-author’ tweet feature, which Instagram will launch on its platform in 2021. This functionality comes…
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Moove collaborates with Swvl for EV buses in the Middle East, North Africa & Pakista
Swvl, Inc. (“Swvl”), a global provider of transformative tech-enabled mass transit solutions, and Moove, the world’s first mobility fintech, announced…
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Eskimi Founder, Vytautas Paukstys, Highlights Global Digital Trends to Watch in 2022, Beyond
Today, we can attest to the rise in connected consumers who are demanding almost immediate engagement with brands to satisfy…
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Stax is bridging the gap between USSD and bank apps
Stax is a firm that moves banking with Unstructured Supplementary Service Data (USSD) from the phone dialer to an offline…
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Egyptian healthtech startup, O7 Therapy secures $2.1 million Seed round for expansion
O7 Therapy is a refined, scientific, and evidence-based online platform designed to assist clients from all over the world in…
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Strove, a South African employee wellness firm, plans to expand throughout Europe following its launch in the United Kingdom
Strove, a South African employee wellness firm, is looking to expand further in Europe after debuting in the United Kingdom…
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Klas, a Nigerian ed-tech startup, has received $130,000 in angel capital
Klas, a Nigerian ed-tech firm that allows anyone to create an online school and provide live classes, has acquired $130,000…
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Africa Data Hub Announces Community Journalism Fellowship (ACJF) 2022/2023
Africa Data Hub (ADH) is commencing its Community Journalism Fellowship Programme. This initiative aims to improve the coverage of under-reported…
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Red Flag for Ransomware: Attackers Are Using the Log4Shell Vulnerability to Deliver Backdoors to Virtual Servers, Sophos Research Shows
OXFORD, U.K. – March 31, 2022 – Sophos, a global leader in next-generation cybersecurity, has released findings on how attackers are using…
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How two Nigerian companies are using technology to transform the reuse of waste
Wura is a mobile app that allows you to give and receive used stuff from people in Nigeria that are…
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Kenya’s New Cyber Shujaa Program To Equip 2,000 Youth
A cyber training project has been launched by USIU-Africa, Kenya Bankers Association, and Serianu. The program will train 2,000 people,…
