All about Business.
Ghanaian fintech Waya sees strong growth propel it into other African markets Written by TOM JACKSON Ghana-based payments startup Waya is seeing month-on-month growth of between 20 per cent in its three existing markets, prompting it to launch expansion activities into three additional African countries. Founded in 2018 after co-founder Delali Anku-Adiamah faced a challenge sending…
How Kenya’s Paylend is helping MSMEs better record data and access loans Written by TOM JACKSON Kenyan fintech startup Paylend, which is helping MSMEs better record data and access loans, is conducting surveys in Tanzania and Nigeria ahead of beta tests in those markets. Founded in 2019 by Bendon Murgor and Eliutherius Juma, Paylend is digitising the…
More than 300 African tech startups have raised over $1.1bn so far in 2021 Written by TOM JACKSON More than 300 African tech startups have raised more than US$1.1 billion combined so far in 2021, the first time the sector has broken the US$1 billion mark – and with four-and-a-half months of the year still to…
Why Innovation Is Increasingly Becoming Critical to Entrepreneurship Innovation is a facilitator of entrepreneurship and a way of empowering people to take charge of their lives and economic prosperity. At the same time, entrepreneurship is the answer to innovation both at the individual business level. It also stimulates the general business sector growth of a…
Growth tactics that will jump-start your customer base Jenny Wang is a principal investor at Neo and co-host of the “Techsetters” podcast. Brand-building is no longer a one-hit game, but an exercise in repetition: It may take four or five times for a user to see your startup’s name or logo to recognize, remember, or Google it….
According to Adeva IT, as of 2018, women held only 25% of all the jobs in the tech industry, despite women making up almost half of the total workforce. It is a known fact that women are under-represented in the African tech ecosystem. More women need to find their way into tech in Africa and…
Impact-Driven Startups Are a Gold-Mine for Investors Written By Krishna Athal ENTREPRENEUR LEADERSHIP NETWORK CONTRIBUTOR Investors across the globe are finding ways to unleash the power of their capital by trying out different industries and business models. Most investment-seeking entrepreneurs believe that projecting massive profits is the best way to impress investors. Many entrepreneurs also…
MAGNiTT has announced the launch of its first quarter of 2021 reports, which shows Egypt among the top three in MENA regions with the highest startup investment rates. MAGNiTT has announced the launch of its first quarter of 2021 reports, which cuts across the eCommerce, food and beverage, fintech, delivery and logistics, and healthcare sectors….
Instagram rolls out more anti-abuse features Instagram today is rolling out a set of new features aimed at helping people protect their accounts from abuse, including offensive and unwanted comments and messages. The company will introduce tools for filtering abusive direct message (DM) requests as well as a way for users to limit other people from…
Lamide has joined the KTN Global Alliance Africa as Country Lead (Nigeria). This is a six-year pioneer project co-funded by the UK’s Foreign, Commonwealth and Development Office (FCDO) and Innovate UK which aims to promote job creation, inclusive growth and poverty reduction through knowledge sharing, skills building and opportunities to support businesses and innovations that…
Omnibiz set to digitize Nigeria’s informal B2B supply chain, gets $3M funding Omnibiz, a Nigerian-based startup has raised a seed round of $3 million to expand into new markets. Omnibiz is a B2B e-commerce platform that connects fast-moving consumer goods (FMCGs) manufacturers to retailers by digitizing the supply chain stakeholders. The platform offers a mobile…
Moove raises $23M to create flexible options for drivers to own cars in Africa Africa is home to more than a billion people where a majority have limited or no access to vehicle financing. In fact, the continent has the lowest per capita vehicle ownership in the world. For instance, in Nigeria, owning a car…
On her way she met a copy. The copy warned the Little Blind Text, that where it came from it would have been rewritten a thousand times and everything that was left from its origin would be the word “and” and the Little Blind Text should turn around and return to its own, safe country….
Do you know that about 10% of startups fail within their first year? According to a report by CB Insights, 35% of these startups fail because there’s no market need for their product or service. This is why it is important to validate a business idea before spending time and money trying to grow it. …
Black farmers in the US’s South— faced with continued failure their efforts to run successful farms their launched a lawsuit claiming that “white racism” is to blame for their inability to the produce crop yields and on equivalent to that switched seeds. Black farmers in the US’s South faced with continued failure in their efforts to run…