5 observations on Nigeria’s Central Bank Digital Currency eNaira by IMF
The International Monetary Fund (IMF) has issued a statement regarding its observation on eNaira, the new digital currency of Nigeria’s…
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Tyro, an Egyptian firm, has acquired Nafham, a fellow ed-tech platform.
Tyro, an Egyptian startup educational technology platform that connects students with qualified instructors through individual and group sessions, is acquiring…
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Nokia intends to offer telecom companies a cloud-based software subscription service.
Nokia said on Wednesday that it plans to launch a cloud-based software subscription service aimed at telecommunications companies to provide…
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Microsoft Names Director of New Office for “African Transformation”
Microsoft, the global tech giant, is establishing the Africa Transformation Office as part of doubling its investment on the continent,…
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PesaChoice and Viebeg based in Rwanda have raised seed funding from the Kigali-based Norrsken Foundation.
Rwanda’s technology start-ups PesaChoice and Viebeg have raised seed funding from the Kigali-based Norrsken Foundation. Founded in 2016 by Niklas…
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Airtel Africa could soon be working as a “super agent” in Nigeria
Airtel Africa, a leading provider of telecommunications and mobile money services, with a presence in 14 countries across Africa, today announces…
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How Ecommerce is Creating a Market for Online Shoppers and Vendors Using Social Media Platforms
The emergence of ecommerce in Africa has seen online shoppers take advantage of the convenience it offers, as goods can now be…
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Google Meet has been updated for Premium Workspace users with support for up to 500 attendees
Google Meet has been updated to support up to 500 participants in Premium Workspace video conferencing services. The company has…
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The Nigerian money transfer startup Aboki Africa is raising start-up capital
Nigerian money transfer startup Aboki Africa has raised a round of seed capital to help the team grow and expand…
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iCompass, a Tunisia’s startup helps companies speak their customers language using AI
Tunisian startup iCompass is using artificial intelligence to help companies across Africa and the Middle East communicate with their customers…
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South Africa security startup AURA raises $4m Series A funding round
South African security and medical response marketplace AURA has secured a ZAR62 million (US$4 million) Series A funding round to…
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South African based African Bank leverages WhatsApp with Chat Banking
Ever wished you had your own personal bank assistant on speed dial? Well look no further. The banking experience has…
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Uganda’s Zembo gets $3.4m investment to scale electric motorcycle business
Zembo, a Ugandan electric mobility startup, has obtained a $3.4 million investment grant to expand its electric motorcycle company in…
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Innovectives obtains CBN license for Payment Solutions and Services (PSS)
Innovectives, a transaction solutions company focused on making wealth possible through innovation, has launched a five-year mandate to empower 1…
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The struggle of lower class Nigerians who wants into Breaking into tech
It had been three days since the lights went out on the off campus streets of the Federal University of…
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Nigeria’s e-health startup DrugStoc raises $4.4m Series A funding to expand coverage
Nigerian e-health startup DrugStoc has raised US$4.4 million in Series A funding to expand access to quality medicines while providing…
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Nigerian tech start-up TeamApt targeting $1-billion valuation
Nigerian tech start-up TeamApt is in the market raising its third round of funding at a value of more than US$1-billion…
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Egyptian mobility assistance startup BlinkApp raises 6-figure pre-seed round
Cairo-based mobility assistance startup BlinkApp has raised a six-figure US dollar pre-seed funding round to finance its ambitious expansion plans….
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African startups with climate-focused solutions can apply for new GSMA fund
African startups with solutions in the climate sector are invited to apply for the GSMA Innovation Fund for Climate Resilience…
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What’s Next for Online Healthcare in Africa?
When it comes to technology and digital life, the pandemic has been the ultimate accelerant of increased online behaviour. When…
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Healthcare startup, Africa Health Holdings closes $18,000,000 Series A round
Healthcare startup, Africa Health Holdings, has secured $18,000,000 in a Series A round to expand operations across Ghana, Kenya and…
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Nigeria Computer Society mulls N50million Innovation Development Fund
Nigeria Computer Society (NCS) has disclosed plans to launch N50 million Innovation Development Fund (IDF), TechEconomy.ng can authoritatively report. The…
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New Partnership Brings Fibre to Thousands in Namibia’s First Smart City
Paratus Namibia and Ongos Connect have signed a commercial connectivity agreement, confirming that Paratus will be the technology/infrastructure partner to…
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Nigerian ecommerce startup Chooya receives $100k, support from Entrepreneurship World Cup
Nigerian Aba-based e-commerce startup Chooya has secured US$100,000 cash and a further US$850,000 in programme support from Entrepreneurship World Cup. …
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VC4A Mentor-Driven Capital is getting ready for 2022
VC4A is launching another round of the Mentor-Driven Capital (MDC) programs for 2022 in January in Egypt and Somaliland, with MDC…
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SA insurtech startup Root raises $3m seed funding round
Root, a Cape Town-based startup building infrastructure for the digital insurance economy, has closed a US$3 million seed funding round…
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3 Distinct Industries that are Kick-Starting Job Creation in South Africa
There is absolutely no doubt that South Africa is in the midst of a major unemployment crisis. The latest stats show that…
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Africa’s new futures were showcased at this year’s Art X Lagos
“How will Africans protect our culture in unexplored places?” This was one of the questions David Alabo, a Ghana-based artist…
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6 Ways Chief Financial Officers Can Stay Ahead of Hackers
Global losses from payment fraud have tripled from $9.84 billion in 2011 to $32.39 billion in 2020, according to Deutsche…
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Ecobank Group Announces the Top Five Finalists for the Ecobank Fintech Challenge 2021
The finalists for the 2021 Ecobank Fintech Challenge have been announced by the Ecobank Group. The fourth edition of the…
