The Krosscoin Ecosystem’s Hashgreed, a Nigerian NFT marketplace, multifunctional NFT, and super dapp platform, recently raised more than US$1 million in investment for expansion outside of Nigeria. The Hashgreed platform is made to make web3 solutions for asset tokenization, commerce, and creativity more accessible to both individuals and corporations. DeFi and WorkFi solutions are also…
The first 156 firms confirmed to be a part of the famed Silicon Valley accelerator Y Combinator’s S22 cohort include four African startups. The S22 batch of the Y Combinator program, which helped launch businesses like Airbnb, Coinbase, and Dropbox among others, is presently in session and will come to a close in September with…
The TU/Ecomotive student group at TU Eindhoven has revealed that they have created an electric passenger automobile that purifies the air as it travels. The prototype vehicle, known as Zem, uses “Direct air collecting” technology to purify the air as it travels rather than emitting it. Direct air capture, according to TU/Ecomotive, is a revolutionary…
SANAD Fund for MSME, an impact investment fund committed to assisting business owners in the Middle East and North Africa, and Silicon Badia, a venture capital firm investing in global technology entrepreneurs, both actively participated in the $12 million Series A fundraise for Cartona, a B2B platform with headquarters in Egypt. Along with already established…
Ubenwa, a cutting-edge healthtech firm that uses machine learning and artificial intelligence to identify newborns between the ages of 0 and 6 months, has secured $2.5 million in pre-seed capital to scale its operations and realize its go-to-market plan. Charles Onu, a Nigerian with experience in the medical industry and a significant amount of AI…
With outstanding results, Jobberman, the largest online training and job placement platform in sub-Saharan Africa, has broadened its non-cognitive soft-skills training to cover low-tech messaging networks like WhatsApp and Telegram. The program had a 41 percent completion rate over a five-month period, which is nearly three times higher than the typical completion rate for certificated…
In order to increase the productivity of Africa’s pharmaceutical industry, Nigerian startup Remedial Health has created a number of solutions. As a result, it was accepted into the Silicon Valley-based Y Combinator incubator. Remedial Health, founded in 2020 by Samuel Okwuada and Victor Benjamin, offers a variety of technological solutions that make it simpler for…
Gumtree, a South African online listings network, has been acquired by Impresa Capital, a venture capital firm with offices in Durban, for an unknown sum, subject to regulatory approval. Gumtree, one of the most popular locally published websites in the nation, was founded in 2004 and currently has 4 million unique visitors and 71 million…
Adopting edge computing is the next important step in future-proofing your infrastructure. By moving data processing towards the ‘edge’, you bring real-time decision-making to where it’s needed. This supports whatever capabilities will be critical tomorrow, from Internet of Things (IoT) technologies to Artificial Intelligence (AI) powered applications. Edge computing will be bigger than cloud computing…
With the introduction of KwikStore, Kwik is extending the range of digital services it provides to African business owners and social sellers, adding even another new service to the already amazing package it offers. KwikStore is a free e-commerce storefront solution that enables any African business owner, merchant, social vendor entrepreneur, and small to medium-sized…
A cooperation between Lender Equity Bank Kenya and NALA Payments Limited has been declared. NALA is a platform for processing remittance payments that is authorized in the US and the UK to facilitate remittances from the diaspora into Kenya. According to a statement from Equity, the partnership would enable Kenyans living in the UK and…
The Kofi Annan Award for Innovation in Africa has been given to Vaxiglobal, a Zimbabwean startup that uses contactless biometrics to reduce waste of immunization resources, improve data quality with open standards, and enable the expansion of immunization campaigns in African nations. Vaxiglobal will receive a $250,000 cash prize as one of the award’s winners….
In order to speed up the COVID-19 vaccine, the Africa Centers for Disease Control and Prevention (Africa CDC), in collaboration with the Mastercard Foundation, has started the country implementation of the Saving Lives and Livelihoods (SLL) program in Kenya. Only 32% of the adult population is fully immunized, and the country is currently facing the…
In a first for the biggest economy in East Africa, Kenya, the global energy and services company Engie Energy Access and the Dutch social enterprise PreMal have teamed up to introduce a solar-powered mosquito capturing system. The ground-breaking outdoor mosquito trap, known as MTego, is intended to capture malaria vectors without the use of insecticides…
Terawork, a Nigerian startup in the recruiting industry, has released iOS and Android mobile apps to assist employers and business owners in hiring, managing and communicating with verified talent in real-time. Terawork is a freelance marketplace that was established in 2018 and is a graduate of the Google for Startups Africa accelerator. It enables thousands…
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The Nigeria Innovation Summit (NIS) today announces the seventh edition of its annual event, slated to hold all through one week starting Tuesday Oct. 4 – Saturday Oct. 8, 2022. Now in its 7th year, the Nigeria Innovation Summit (NIS) is an annual event that brings together stakeholders from different sectors of the economy to…
The Micro Small and Medium Enterprise (MSME) is estimated to be at over 40 million MSMEs in Nigeria and contributes over 50% to the Gross Domestic Product (GDP) with respect to job creation and national development. Despite the scale at which the Micro Small and Medium enterprises is contributing to the growth and development of the…
Start-up companies are encouraged to apply for the possibility to obtain early-stage financing ranging between 10,000 EUR and 50,000 EUR through Uncap, an award-winning platform designed to give African entrepreneurs access to early-stage funding. Uncap was established in 2019 with the intention of enabling all deserving founders in sub-Saharan Africa to access early-stage investment. Access…
According to a recent announcement from WhatsApp, users can now transfer their chat history from Android to iOS. Prior to now, the sole method for transferring WhatsApp conversations from iOS to Android was prone to mistakes. This migration frequently occurs between two operating systems, not just one. Users who wish to use this function must…
African Data Hub (ADH) is continuing its Community Journalism Fellowship Programme by announcing the Call for Applications for its second Cohort. This initiative aims to improve the coverage of under reported issues in local communities across Nigeria, paying special attention to potential solutions with lasting impact towards effective public service delivery, grassroot development and improving the quality…
The Nigeria Startup Bill (NSB) was approved by the Nigerian Senate yesterday. This information was released over 4 months after the bill and a letter from the president were submitted to the National Assembly in March of this year. According to the letter, the Startup Bill aims to establish the nation’s startup environment as the…
Sophos, a global leader in next-generation cybersecurity, has announced Sophos X-Ops, a new cross-operational unit linking SophosLabs, Sophos SecOps and Sophos AI, three established teams of cybersecurity experts at Sophos, to help organizations better defend against constantly changing and increasingly complex cyberattacks. Sophos X-Ops leverages the predictive, real-time, real-world, and deeply researched threat intelligence from each…
I write this as a product manager amongst many other product managers. Speaking to another product manager, you may realise that our challenges differ. You may also realise that there are similarities. Perspective is also another thing to consider because what another product manager sees as a challenge may not be a challenge for me….
The inaugural annual conference and awards ceremony of the Africa Women Innovation and Entrepreneurship Forum (AWIEF) will take place in Cairo, Egypt, on September 26–27. AWIEF2022 is a hybrid event that allows speakers, delegates, and virtual exhibitors to interact on a readily accessible virtual platform while also taking place offline in the Cairo Marriott Hotel…
Today, July 20, 2022, in Johannesburg, South Africa, Liquid Cyber Security, a Cassava Technologies subsidiary, opened the first of their matrix of Cyber Security Fusion Centres. Africa faces an expanding range of cyberthreats, from espionage to critical infrastructure sabotage, combat innovation, and organized crime. The majority of African nations, however, have not yet created a…
Ucrop.it, a digital platform that offers value and traceability to sustainable agricultural practices, recently revealed that it had raised $3.1 million in a fundraising round that was among others led by Yugen Partners and The Yield Lab Latam. These resources will aid in the agtech’s regional and American expansion. Between Argentina, Uruguay, and Paraguay, ucrop.it…
The long-term digital and e-commerce transformation strategy of the parent business, Johannesburg Stock Exchange-listed Massmart, has announced the introduction of an online shopping app by South African retailer Makro. Makro claims that the app already has over 120,000 products available and will allow users to quickly and affordably purchase items from all of its categories….
It has been discovered that WhatsApp is developing an “avatar” feature that would let users make digital representations of themselves and share them as conversation stickers. Avatar creation is possible in the most recent beta of WhatsApp for Android, much like in the Facebook and Messenger applications, according to a feature tracker. A future upgrade…
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