Xend Finance, a Nigerian startup, has reached 100,000 users and announced expansions into Ghana and Kenya. Xend Finance, which participated in the Google Launchpad Africa accelerator and the Binance Incubation Programme in 2019, has created a platform that allows anyone to save and invest in stable currencies. The Xend Finance platform also enables users to…
The Innovate UK KTN Global Alliance Africa Global Alliance Innovation Exchange (iX) challenge is assisting a large agri-based manufacturing company in Kenya in identifying innovative solutions to two significant and immediate challenges that they face. Global Alliance Innovation Exchange is a KTN program of Innovate UK that was created to assist UK and international organizations…
The list of 100 technology startups chosen for the 2022 Technology Pioneers cohort has been released by the World Economic Forum (WEF). These six firms are from four nations in Africa: Nigeria (one), Kenya (three), Rwanda (one), and Cameroon (1). This year, Cameroon and Rwanda are added to the list for the first time. The…
The first UK office of Kora, an African payment infrastructure that provides payment API for payment collections and disbursements as well as cross-border transfers, has opened. Through the West Midlands Growth Company, an organization in charge of driving regional investment promotion and economic growth for the West Midlands and the UK, Kora collaborated with the…
In order to expand its service offerings throughout Kenya and East Africa, the Kenyan startup Duhqa, a B2B platform for retail distribution of consumer goods in FMCG, Cold Chain, and Pharmaceuticals, has closed a US$2 million Seed round. Participating in the investment round were CrosssFund, Roselake Ventures, and Mo Angels. Additionally, it included current investors…
As part of its post-funding continent-wide rollout, Nigerian fintech company Mono has expanded to Kenya. Mono is developing an open banking infrastructure that offers access to consumer financial data and bank payments for digital enterprises in Africa. Mono is an open banking infrastructure startup that was established in August 2020. Through its robust APIs, Mono…
TLcom Capital, a venture capital firm with an emphasis on Africa, has increased the pre-seed stage of its deal flow production while also beginning to focus on Egyptian ventures. In January 2022, TLcom, which was established in 1999 and has offices in Lagos, Nairobi, and London, announced the first closing of its US$150 million TIDE…
The Central African Republic’s (CAR) President, Faustin-Archange Touadéra, has introduced Sango Coin, the nation’s cryptocurrency. Yesterday, he announced it over a web event. The president of the nation provided ideas for using bitcoin and other cryptocurrencies nationally at the “Sango Genesis Event.” The nation’s resources will be tokenized in order to increase investment prospects, even…
Jennifer Foltz is committed to supporting women in technology and business in Nigeria. She has several opportunities to accomplish precisely that in her role as the Deputy Public Affairs Officer of the United States Consulate General in Lagos. She gives us a behind-the-scenes look at her work with the Academy for Women Entrepreneurs in this…
A poorly identified backdoor application called “SessionManager” was set up as a malicious module within the Internet Information Services (IIS), a well-known web server created by Microsoft, according to experts at the Russian antivirus firm Kaspersky. Once it has spread, SessionManager makes a variety of harmful operations possible, from email collection to total command over…
One of the top mobile telco operator groups in Africa, Africell, just adopted Infobip’s Answers chatbot service. Infobip is a global cloud communications firm. More than 15 million users receive mobile network coverage and related technology services from Africell, a mobile network operator. Angola, the Democratic Republic of the Congo, Sierra Leone, and The Gambia…
To work on cutting-edge and leading technologies, Amazon is seeking software development engineers of the highest caliber and experience. The project is crucial to Amazon’s future and will offer enormous personal fulfillment and professional advancement as the business takes on some of the most fascinating issues in software architecture design and creating highly scalable services….
On its way to Cape Town, South Africa, Google’s Equiano undersea internet cable, which aims to establish a maritime link between Europe and Africa, has made a new landing in Africa. The Equiano cable, according to a statement released yesterday, has finally arrived at Swakopmund, Namibia. The Equiano undersea cable, according to Paratus Group, one…
The free Digital Ad Expert program has been officially launched in Nigeria by Ad Dynamo by Aleph Group. The initiative, which has just announced an expansion throughout the nation, is intended to give young Nigerians the skills they need to succeed in digital marketing. Digital Ad Expert, a peer-to-peer learning program hosted on the exclusive…
Africa Data Hub is thrilled to announce recipients of the first cohort of the ADH Community Journalism Fellowship. The Africa Data Hub is a reputable and up-to-date source for COVID-19-related data on the African continent. It supports and promotes quality access to information, and data-driven journalism to facilitate evidence-based decision-making across the continent. The ADH Community…
A spend management software will assist African firms to control their spending and cut down on the time spent on recordkeeping and reconciliations thanks to funding raised by the South African fintech startup Sava, which has raised $2 million. Crunchbase lists Breega, Quona Capital, Ingressive Capital, CRE Venture Capital, RaiCap, Sherpa Africa Partners, and Unicorn…
African data center industry pioneer Dr. Ayotunde Coker has been appointed as the Chief Executive Officer (CEO) of transformational pan-African data center operator Open Access Data Centres (OADC), effective immediately. Under his direction, OADC will build and run a pan-African network of top-notch, client-focused Tier III certified data center facilities as well as a distinctive…
A new digital wellness platform called AMP has been introduced by the JSE-listed firm The AfroCentric Group. It is intended to be integrated into the member apps already used by medical schemes. According to the firm, AMP is a part of Medscheme’s Integrated Smart Solutions, which puts it one step closer to incorporating data-driven healthcare…
Within a landscape that was more defined by complex systems than by individual solutions, Demilade Olufayo’s approach to product leadership defines a style of thoughtful accuracy and measured timing. Through a decade-long tenure as a highly experienced Senior Product Manager managing multi-product ecosystems, Demilade carefully avoids loudly proclaiming his success. Instead, he carefully assembles vast…
Simpu, a B2B SaaS startup in Nigeria, has released its all-in-one omnichannel inbox, which enables companies to engage with customers through numerous customer touchpoints. The omnichannel inbox, which enables businesses to communicate with customers via different channels including email, SMS, iMessage, Facebook, WhatsApp, Instagram, Twitter, etc., as well as receive messages from those platforms, is…
Early-stage Ghanaian startups can now apply to the MEST Express accelerator program to help them grow their businesses. Along with Pre-MEST and MEST Scale, MEST Express is one of three programs that MEST runs in collaboration with the Mastercard Foundation. The 20-week accelerator program provides free training, coaching, resources, and support to participating firms in…
mPharma, an African healthcare technology company with three primary business groups (Wholesale, Retail, and Diagnostics) that offer creative solutions, has introduced a new customer-focused product called Facility Insights on Bloom, its unique data management and pharmacy transformation tool. With the help of this solution, pharmacy owners can solve operational issues and improve the quality of…
An East African market that is underserved by personal loan providers is where Zambia’s Unifi hopes to reinvent personal credit. Unifi, which advertises itself as “making life easier,” specializes in providing unsecured personal loans through branches and online throughout East Africa. Michiel le Roux, co-founder and group leader of Unifi, adds, “I think keeping it…
MTN Y’ellopreneur is a program of the MTN Foundation created in partnership with the Bank of Industry to offer eligible Nigerian female entrepreneurs possibilities for funding and capacity building. Through a 4-week virtual training program designed to ultimately empower more women, the Foundation is dedicated to closing the gender gap in entrepreneurship abilities. This effort…
The first physical-digital learning hub from Codehub Africa, the creators of Code School Africa, was formally inaugurated on June 28 in Ibadan, Oyo. Representatives from the US Consulate General in Lagos, Jennifer-Foltz, the Deputy Public Affairs Officer, Austin Emeanua, the YALI/MWF Co-ordinator, and Dr. Yemisi Adeyeye, the founder of Lifefount Hospital and the President of…
Instagram is now testing a feature that will reel in video posts. The shift is reportedly being tested with a small group of users globally as part of Instagram’s strategy to streamline the videos available on the app, according to the Meta-owned social networking company. A social media expert also posted an image of the…
The Zoho suite of applications and services is popularized by India’s Zoho Corporation. It was established in 1996 and has since developed into one of the top providers of solutions for a variety of uses, such as sales and marketing, email and collaboration, finance, and human resources. However, Zoho is primarily known for its sales…
The UK government’s Development Finance Institution (DFI), the British International Investment (BII), said on Thursday that it has invested $20 million in debt financing in Nigeria’s mobility financing firm Moove. Moove has a voracious thirst for fundraising. Moove has demonstrated that it has a tremendous thirst for cash by raising $10 million in debt financing…
According to a press release from the firm, Liquid Cloud, a division of pan-African technology service provider Cassava Technologies, has chosen Telesmart.io, a leader in international number and messaging services, to supply its number inventory management solution. Liquid Cloud will employ Telesmart.io’s technology to minimize the burden of keeping number inventory and accelerate how they…
The fourth iteration of the PR Office Hours program has been introduced by the London-based Wimbart public relations (PR) firm, which specializes in Africa and emerging markets. Wimbart is an independent PR firm that was established in 2015 with a focus on Africa’s innovation and startup industries. It held the inaugural iteration of its three-month…