You’ll be able to edit text messages you’ve already sent in the near future. On the Meta-owned messaging network Whatsapp, this has been one of the most desired features. For the time being, users must either append an asterisk to a sent message or erase the entire message to correct typos. The edit button will…
The GoGettaz Agripreneur Prize is now accepting applications from African agri-tech firms. The prize aims to uncover Africa’s finest young agri-food entrepreneurs and will pay US$50,000 in cash to each of the two winners. The GoGettaz Agripreneur Prize honors agribusinesses that advance agriculture and food via technology, creativity, and enthusiasm. The organizers are looking for…
Maisha Meds, a Kenyan-based digital pharmacy network that offers pharmacies, drug stores, and clinics business management software and reimbursement programs, as well as patient support through its point-of-sale pharmacy app, has reached 1,000 active locations, making it one of the largest digital pharmacy networks in Sub-Saharan Africa. Maisha Meds, which has operations in Kenya, Uganda,…
Shopstar, a local e-commerce platform, has received third-round funding from Launch Africa Ventures, indicating the start of the company’s next phase of expansion. The cloud-based e-commerce platform, which is proudly South African, assists local entrepreneurs in creating an online store and growing their business by providing easy-to-use, professional services that enable them to trade economically….
AfricInvest, a prominent investment platform engaging in private equity, venture capital, private credit, and listed equities, has announced the final close of its AfricInvest Fund IV, which raised $411 million in total commitments. AfricInvest has raised more than $2 billion to fund nearly 200 firms in various phases of development across three continents over the…
Finclusion Group, a sub-Saharan African fintech platform, has received an undisclosed investment from the Cairo Angels Syndicate Fund (CASF). CASF’s fourth overall investment and third on the African continent will be made with this investment. CASF is a micro venture capital fund that invests $100,000–$250,000 in post-seed and pre-series A firms in the Middle East…
M Auto, a’mobility as a service’ startup, has raised an undisclosed amount of money from Africa Transformation and Industrialisation Fund (ATIF), an Africa-focused investment fund, to launch in Togo and Benin, making it Africa’s largest electric vehicle startup with 500 e-bikes on the ground and 3 000 ready for market. M Auto’s objective is to…
The USAID Trade Hub has co-invested $1.2 million in ShEquity to invest in and support over 100 high-potential women-owned or led businesses. According to Pauline Koelbl, Founder and Managing Director of ShEquity, women entrepreneurs are vital to Africa’s success because they control more than 40% of the continent’s small and medium-sized businesses. In comparison to…
Betastore, a Nigerian business, has received $2.5 million in pre-series funding. By the end of the year, the company hopes to expand to Ghana, the Democratic Republic of Congo, and Cameroon. 500 Global, VestedWorld, and Loyal VC contributed to the fund, bringing the total amount raised to $3 million. “We believe Betastore’s talented team is…
When a small business owner is juggling production economics, financial reporting, and marketing, cybersecurity might seem complicated and, at times, pointless. Cybercriminals, on the other hand, are taking advantage of this lack of concern for IT security. Researchers from Kaspersky compared the dynamics of assaults on small and medium-sized firms between January and April 2022…
YouTube Go will be decommissioned in August. A message on Google’s help page officially confirmed the move. Users of YouTube Go should upgrade to the normal YouTube app, according to Google. They can also go straight to the webpage using the Web browser. For consumers with low-end hardware or weak data connections, the YouTube Go…
Ayoken, a non-traditional marketplace for creatives, has raised $1.4 million in pre-seed capital to help users diversify their revenue streams by selling digital artifacts. Ayokenlabs, the startup’s marketplace, will showcase digital collectibles from singers, sports brands, and influencers throughout the world. Joshua King, the founder and CEO of Ayoken, told TechCrunch that the marketplace serves…
Social media giant Facebook has planned to shut down its podcast platform less than a year after its launch. According to a report, the audio podcast platform’s closure is confirmed and it is speculated that the closure will altogether close on June 3. The move is part of a broader re-evaluation of Facebook‘s audio products. The company…
Grey, a Nigerian finance firm, has announced a partnership with Cellulant to expand its service to East Africa, starting with Kenya. Grey’s offerings, which include overseas bank accounts, rapid currency conversion, and international money transfers, are now available to Kenyans. In conjunction with Cellulant, Grey has expanded its services into East Africa, beginning with Kenya,…
Cloudfret, a Moroccan logistics and transportation business that connects loaders and carriers, has raised $1 million in capital to extend its operations in European and African markets. Plug and Play, PRC Ventures ICAV, Azur Innovation Fund, AfriMobility, and business angel Khalid Zitouni all contributed to the fundraising, which raised the company’s valuation to US$20 million….
Elon Musk revealed in a tweet on Friday that Starlink, his space exploration company’s satellite internet service, has been licensed in Nigeria and Mozambique. This announcement comes three days after Musk responded to a tweet regarding the service’s debut in Africa. “Yes, first African countries to be named soon,” he tweeted. “Everywhere on Earth where…
LAGOS; MAY 27, 2022: Ndukwe Kalu Foundation (NKF), a non-for-profit organization aimed at promoting knowledge in Information and Communication Technology (ICT) and proper use of internet among the youth, has called for improved and equal physical and online protection of children. The Foundation, speaking on the occasion of Children’s Day 2022, observes that the exponential…
According to a joint statement released by the South African government and the African Development Bank, the United Kingdom, the United States, France, Germany, and other European Union countries have pledged an initial amount of $8.5 billion to South Africa to fund the country’s long-term ‘just transition’ process to reduce the carbon intensity of the…
Since entering the African market less than ten years ago, Uber, a worldwide ride-hailing services provider, has completed one billion journeys. On the continent, it has traveled over 10 billion kilometers. The organization is making significant progress on the African continent, including providing job opportunities as well as safer and more convenient transportation options. Uber…
Esaal, one of the region’s major technological platforms for online health and wellness consultations, has closed the final tranche of its $1.7 million Seed fundraising round headed by A15. This round takes the company’s total funding to $3 million since its inception in 2018. Esaal will use the funds to continue expanding across the MENA…
The CcHUB’s Creative Economy Practice has selected 15 entrepreneurs to participate in the Createch Accelerator 1.0 program, which will provide them with knowledge, networks, and assistance to help them accelerate their journey to profitability, scalability, and institutional financing. The selected startups will have access to a network of Creative Economy leaders, including the ATCG network…
As it continues to expand across Africa, Nigerian cryptocurrency exchange Yellow Card has added Ivory Coast to its list of 16 countries where it operates. Yellow Card, which was founded in 2018 and launched in Nigeria in 2019, allows anyone in Africa to buy cryptocurrencies such as Bitcoin, Ethereum, and USDT Stablecoin with cash, mobile…
Solar Sister, Inc. and LivelyHoods Kenya have combined in a move that is projected to provide millions of individuals in Sub-Saharan Africa with economic opportunities and renewable energy. Solar Sister’s operations in Nigeria and Tanzania will be combined with LivelyHoods’ network in Kenya, resulting in greater effect on the three most pressing concerns of our…
Gebeya Inc., a Pan-African marketplace for freelance professional talent, has announced a new relationship with the Blacks In Technology (BIT) Foundation, a global community that provides training, networking, and mentorship services to Africans working in the technology area. By serving as a connecting channel for a global professional network and freelancing marketplace, our alliance will…
The latest development in Visa’s Practical Business Skills (PBS) initiative, which offers potential partners integration and co-branded opportunities to contribute to business transformation and empowerment, is their partnership with Trace Academia, a mobile-based learning application that aims to enable 26 million youth across Africa. The collaboration provides a free online learning platform with a variety…
Nigeria’s Federal Government intends to work with the Korean government to train 200,000 civil officials on the eGovernment program over the next five years in order to accelerate the objective to make Nigeria a paperless government by 2030. The project’s initial phase has already trained 1400 government employees. According to The Guardian Nigeria, the Minister…
A Nigerian man, Chidi Nwaubani has launched the “Looty” project, which aims to restore African antiques taken by European colonists by creating 3-D reconstructions of them, selling them as non-fungible tokens (NFTs), and donating the proceeds to young African artists. Objects taken during the colonial period have recently been returned to their countries of origin,…
Boris Bison (BB) Incubator, a Cameroon-based business incubator, has partnered with Ludique Works, a pan-African video game publishing company, and Start North, a Finnish technology learning accelerator network, to bring their technologically advanced learning environments, known as ‘5G Mokki Tech Spaces,’ to the African continent. Mr. H.E. Bassilekin III Achille, Cameroon’s Minister for Small and…
FoondaMate, a South African edTech company, has raised $2 million in a seed round headed by LocalGlobe, a UK-based venture capital firm, to grow its Whatsapp and Facebook-based learning chatbot abroad. Other investors included Emerge Education, FirstCheckAfrica‘s Odunayo Eweniyi, Future Africa’s Iyin Aboyeji, and LoftyInc, as well as Luno’s Marcus Swanepoel and Justworks’ Isaac Oates….
VerifyMe Nigeria, a digital identification and consumer analytics technology business, has developed a digital plate number verification solution that immediately verifies motor vehicle and owner data via plate numbers. VerifyMe continues to bring relevant products to market, such as license plate verification, to assist support growth in the fintech, insurance, and services industries. These industry-enabling…