Nigeria’s Andela Achieves $1.5-Billion Valuation in Latest Series E Round
Andela, a global engineering talent outsourcing company launched in Nigeria in 2014 has secured a $200-million investment during a Series…
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Nigerian B2B payments platform Verto raises $10m Series A round
Nigerian startup Verto, a B2B payments platform that provides a fast, simple, and reliable way for small and medium-sized enterprises…
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Egyptian blockchain platform Pravica raises investment to drive decentralised identity
Cairo based Pravica, a communication platform using Blockchain technology to empower user privacy and security through decentralised identity, has announced an investment…
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SA’s Sun Exchange secures $2.5m funding to boost scaling efforts
South African startup Sun Exchange, a peer-to-peer solar leasing platform, has raised a further US$2.5 million in funding by way…
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SA startups invited to apply for mLab accelerator programme
mLab Southern Africa has opened applications for its StartUp Accelerator, offering selected companies access to mentorship, business clinics and grant…
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Nigerian ed-tech startup Edves raises $575k to bring more schools online
Nigerian ed-tech startup Edves has raised a US$575,000 seed funding round to help it improve its product and bring more…
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General Motors’ new software platform Ultifi is coming to vehicles starting in 2023
General Motors is rolling out Ultifi, a new end-to-end software platform in vehicles starting in 2023 that executives say will…
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Google is redesigning Search using AI technologies and new features
Google announced today it will be applying AI advancements, including a new technology called Multitask Unified Model (MUM) to improve Google Search….
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TikTok Shopping expands with more partnerships, LIVE Shopping, new ads and more
TikTok is expanding its investment in e-commerce. Earlier this year, the video platform began piloting TikTok Shopping in the U.S., U.K. and…
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The Central Bank of Nigeria Launches eNaira Website
Nigeria’s central bank digital currency (CBDC) website has gone live, signaling that the eNaira digital currency will be launched on October 1….
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TikTok now has over one billion monthly active users worldwide.
Tiktok announced in a blog post that it now has more than one billion monthly active users throughout the world,…
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Vodacom SA Partners Cybersecurity Firm Evina to Fight Mobile Fraud
Vodacom, one of SA’s leading network providers, has announced a partnership with mobile payments cybersecurity company, Evina, in a major…
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Andela Announces $200M Investment Led by SoftBank
Andela helps companies build remote engineering teams by providing them with access to the best software engineers in the world….
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Open banking in Africa after COVID-19
Open banking is a system where banks allow or authorize third parties, such as financial technology or fintech companies, to…
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Cyberchain Conference: Hackathon Competition Registration Is On
The third edition of the Cyberchain Conference, which is a two-day event, will kick off on the 19th of November…
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Nigeria’s Gokada expands into Ibadan, moves towards resuming ride-hailing
Gokada, the Nigeria-based last mile delivery, logistics and transportation startup, has launched in Ibadan following consolidated growth in Lagos. Founded…
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Senegalese logistics startup Yobante Express raises $1.2m seed round
Senegalese delivery startup Yobante Express, an online marketplace that connects local couriers with local commerce to optimise domestic, cross-border and…
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Egyptian blockchain startup Pravica raises funding to scale operations
Cairo-based startup Pravica, a communication platform using blockchain technology to empower user privacy and security, has secured an undisclosed investment…
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Flat6Labs announces 2nd close of Tunisia seed fund at $10m
Flat6Labs, a regional seed and early-stage VC firm, has announced the second close of its Tunisia-based Anava Seed Fund (ASF),…
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How mobile money grew in sub-Saharan Africa in the last 10 years
Two of Africa’s biggest startup stories of 2021 involve the billion-dollar valuations accorded to OPay, and Wave. Propelled by Chinese…
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AgriTech: Releaf ’s Ikenna Nzewi, others feature as CNN explores Nigeria’s palm oil industry
Once the world’s leading producer of palm oil, Nigeria has seen an output decline over the last three decades. The…
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African nonprofits want to “decolonize” donor funding
International development funding to Africa has a “colonial” approach that favors Western organizations at the expense of local civil society…
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The World Economic Forum has named the University of Cape Town Online School a global Top Innovator
The University of Cape Town (UCT) online school has been recognized for its revolutionary educational innovations, having been named one…
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Tips To Keep Your Startup Afloat In The First Year
For any Startup or business, it is necessary to keep in mind that no business plan or strategy is foolproof….
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Netflix acquires its own video game studio and launches mobile games
Netflix has announced the acquisition of video game developer Night School Studio, as well as the release of five mobile…
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Kenya’s E-Commerce is on the Rise
In June, Visa reported that the top market contributors for e-commerce in Sub-Saharan Africa (SSA) over the last three years were South…
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Frogfoot SA Acquires Link Africa’s FTTH Network
Frogfoot, a licensed open-access infrastructure provider, has announced its acquisition of the Link Africa Western Cape FTTH (Fibre to the…
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Nigerian mobility startup Moove expands to Cape Town
Nigerian mobility startup Moove, which provides revenue-based vehicle financing to help individuals across Africa own their own vehicles, has expanded…
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Paratus to Open Brand-New Data Centre in Zambia
Paratus Group has announced that its brand-new data centre will open in Lusaka, Zambia on 1 October 2021. The new…
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Nigerian crypto exchange Yellow Card raises $15m Series A funding
Nigerian cryptocurrency exchange Yellow Card has raised US$15 million in Series A funding to ramp up hiring and continue its…
