Nigerian fintech, Afriex, secures $10 million in Series A funding
Afriex, a Nigerian payment platform that allows users to send and receive money for free to and from Africa, has…
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Techstars Unveils ARM Labs Techstars Accelerator in Lagos, Nigeria
Techstars, a global investment firm that provides early-stage entrepreneurs with access to capital, one-on-one mentorship, and customized programming, has launched…
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Nigeria’s Insecta Studios announces Raknida.com to offer high-quality wall Arts in Africa
Insecta Studios, a creative company based in Nigeria that uses storytelling and design to connect brands and people, has launched…
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SA fintech Stitch announces new payment LinkPay
Stitch, a South African fintech firm, has introduced LinkPay, a service that allows customers in South Africa and Nigeria to…
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Central African Republic is the First African Nation to Embrace Bitcoin as a Legal Tender
The Central African Republic, a landlocked country roughly in the middle of Africa, has become the first African government to…
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WhatsApp Business to Roll Out Subscription Plan for Business Accounts
WhatsApp is working on providing additional premium capabilities to business accounts through a subscription plan. More features that WhatsApp is…
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Zenda secures $9.4m in seed funding, set for pan African expansion
Zenda, a business based in the United Arab Emirates, has received $9.4 million in seed funding to help improve school…
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Elon Musk Finally Acquires Twitter For $44 Billion
Elon Musk, the CEO of Tesla and SpaceX, is the sole owner and operator of Twitter at the time of…
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Privacy remains a huge issue in the online learning world
In light of recent developments and the resulting circumstance posed by the pandemic in 2020, many schools and institutions are…
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Cybersecurity: BlackCat Ransomware Attacks Over 60 Companies Worldwide
The FBI has issued a warning about the BlackCat ransomware-as-a-service (RaaS), which it claims has victimized at least 60 entities…
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London-based startup Gravity Sketch receives $33 million in funding
Gravity Sketch, a London-based startup, has taken that concept into 3D, leveraging tools such as virtual reality headsets to let…
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Ark Kapital releases €150 million to support startups
ArK Kapital, based in Stockholm, has secured a €150 million senior secured debt facility from Pollen Street Capital after raising…
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Nigerian fintech startup Syarpa secures $500k pre-seed round
Syarpa, a Nigerian fintech startup, has raised US$500,000 in pre-seed funding to help it expand across Europe and Africa. Syarpa,…
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Tofino Capital closes the first round of a $10 million fund to assist African startups
Tofino Capital has announced the first close of its $10 million funding round, with a goal of completing the round…
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Recur Technologies secures a $30 million funding round
Recur Technologies PTE, a Singapore-based financing platform, announced a $30 million equity and debt fundraising round from a group of…
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Unicorn Group unveils the first pan-African incubation programme
Unicorn Group, an investment firm, has launched its fourth entrepreneur incubation program, which is open to startups from a variety…
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How building strong network can sustain a start-up
The idea of networking contributes to the growth and relevance of a startup. We are often familiar with the saying “no man…
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Trace and the Mastercard Foundation Announces Free E-Learning App for Young Africans
Trace and the Mastercard Foundation have collaborated to launch Trace Academia, a free, interactive, mobile-based learning application designed to help…
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Africa’s Business Heroes Launches Community Leads, Introduces New Scaleup Program
The Africa’s Business Heroes (ABH) prize competition has announced a new Community Lead and ScaleUp Program to provide ABH applicants…
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Google’s internet cable, Equiano arrives in Lagos
A month after its first African landing in Togo, Google’s Equiano mega subsea cable has arrived in Lagos, Nigeria. The…
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How to Protect Yourself From Cryptocurrency Scams in South Africa
In the daily rush for digital gold, more people are attempting to make money from cryptocurrencies. As a result of…
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6 Budget-Friendly Digital Solutions You Need to Consider
Time is the one commodity we don’t have a lot of in our fast-paced lives. And, as the pandemic has…
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Egyptian payments startup Paymob opens office in Pakistan
Paymob, an Egyptian digital payments company, has expanded its operations into Pakistan, with the goal of providing online, POS, and…
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DevCareer is bridging Africa’s talent gap by providing laptops for tech newbies, receives a fresh $100k grant
African startups raised approximately $5 billion in 2021, nearly tripling the amount raised in 2020. While the ecosystem has received…
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IFC Funds Algebra Ventures With $15m to Propel Egypt’s Startup Ecosystem
IFC, a World Bank Group member, will invest $15 million in Algebra Ventures’ second fund, which will support the growth…
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Kenyan Startup Neural Labs is using AI-powered imaging to facilitate real-time diagnosis
Neural Labs, a Kenyan startup, uses AI-enabled medical imaging to aid in the real-time diagnosis of various respiratory, heart, and…
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Cape Town-based Injini unveils ed-tech think tank to empower entrepreneurs
Injini, a Cape Town-based ed-tech non-profit, is launching a think tank to provide market research to entrepreneurs in the space…
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Egyptian electric mobility startup Shift EV completes Series A funding
Shift EV, an Egyptian electric mobility startup, has raised an undisclosed Series A funding round to help it onboard more…
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WIC Capital completes $1.6M Investment Fund to support female entrepreneurs in Senegal
The “Women’s Investment Club” (WIC) Senegal and Ecobank have signed a collaboration contract worth one billion CFA francs (USD1,600,000) to…
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Jand2Gidi Announces New Technologies to Promote More Seamless Deliveries Worldwide
Mrs. Ujama Akpata and Mrs. Kikelomo Fola-Ogunniya, founders of Jand2Gidi, held a media conference on Wednesday, April 13th. Ms. Nancy…
