Today, purpose-driven brands outperform those that are not. People want to feel that a brand has invested in them, its employees, the community in which it operates, or the environment. According to the findings of the 2021 Edelman Trust Barometer, 68% of consumers believe they have the power to force corporations to change, and 86%…
Leading fintech companies, investors, crypto platforms, initiatives, and stakeholders in digital finance will unite at the Africa Money & DeFi Summit – West Africa edition on September 27–28, 2022 at the Movenpick Hotel in Accra, as the birth of decentralized finance (DeFi) grows across Africa. 400+ attendees, 150+ companies, 50+ speakers, panel discussions, keynote addresses,…
The 10 firms selected for its initial cohort by Orbit Startups, a new initiative from US venture capital firm SOSV, include two from Nigeria. Orbit combines the already-existing SOSV programs Chinaccelerator and MOX and reflects their recent geographic expansion into Southeast and South Asia, the Middle East, Africa, and Latin America. GetFundedAfrica, a platform that…
A global internet payment gateway has been introduced by Ethiopian fintech firm Chapa, allowing companies to take payments from customers all around the world. With the help of Chapa, organizations and companies can take any local or foreign digital payment method from anyone, anywhere in the globe. Any current digital platform can incorporate its payment…
Auto24 is a direct-to-consumer used automobile firm that introduces new, creative technologies to ensure transactions are carried out in a transparent and secure manner. Auto24 is an African used vehicle startup, Africar Group, and Stellantis announce the opening of Auto24 activities in Abidjan, Ivory Coast. By 2030, there will be 1.7 billion people living in…
Carbon Finance, one of the leading players in the nation’s Fintech industry, has kicked off celebrations to mark its 10th anniversary with a promise to transform the banking experience, making banking more accessible and flexible for consumers. Originally set up as a lending company, Carbon has established itself as one of the continent’s leading and…
Uber Kenya has petitioned Kenya’s Supreme Court to overturn new digital taxi-hailing regulations that limit commission fees to 18%, down from 25%. According to Uber, the cap would reduce the company’s earnings and prevent it from investing further in Kenya. The rule is expected to go into effect in the coming weeks. The regulations have…
Huawei Digital Power has launched a talent development program with the goal of upskilling 1,000 practitioners and tertiary students in the digital power space. The program is being launched in seven countries, including Kenya, Uganda, Tanzania, and Ethiopia, as the demand for technical staff in renewable energy continues to rise year after year. The program,…
The Africa Money & DeFi Summit, an African fintech, decentralized finance, mobile money, and crypto event, has announced the final shortlist of exciting ventures that will pitch live on stage in West Africa to over 400 fintech and crypto leaders on September 27th and 28th in Accra. Pitch Live West Africa has received over 200…
Africa has the world’s third fastest-growing cryptocurrency market, with adoption increasing by more than 1,200% in the last two years. Countries such as Nigeria, Kenya, and South Africa are largely to blame for skyrocketing adoption rates as citizens seek to protect themselves from currency depreciation and build wealth. Despite African governments’ mixed feelings about cryptocurrencies,…
PEG Africa, based in Ghana, is one of the largest providers of distributed energy in West Africa, and its acquisition by Bboxx solidifies the latter’s position as Africa’s leading super platform for essential products and services. PEG is a solar energy leader in West Africa, with operations in four countries, close to 100 service centers,…
08.09.2022 – Sophos, a global leader in next-generation cybersecurity, today published a new sectoral survey report, The State of Ransomware in Retail 2022, which found that retail had the second highest rate of ransomware attacks last year of all sectors surveyed after the media, leisure, and entertainment industry. Globally, 77% of retail organizations surveyed were hit—a 75% increase…
According to a Google for Firms Black Founders Fund (BFF) for Africa announcement, 60 qualified black-founded startups from across Africa have been chosen for the second cohort. To enable them to expand their current work, the startups that join the program will receive a total of $4 million in investment and support. Every one of…
For many Nigerians, the emergence of the COVID-19 pandemic has exposed the importance of the Internet and digital technologies as a critical part of daily living hence, the necessity to deliberate on the theme “Advancing Digital Transformation and Trust in Nigeria” as a community of Nigeria Internet Stakeholders. As digital transformation evolves, the focus from both the…
Today, the energy industry works against enormous technical challenges to maintain safe and profitable operations. Energy companies also face familiar cost, performance, and efficiency imperatives as well as unprecedented social, political, and regulatory demands for sustainability. All these factors combine to create a fairly volatile market. The possibilities of untapped data Can big data transform…
A South African startup called Thumela has created a counter-to-counter last-mile logistics system to make it easier, quicker, and more affordable for e-commerce companies and people to send and receive packages. Thumela, a May launch, delivers packages using vetted and trustworthy public taxi drivers who follow predetermined routes. The logistics start-up uses tuck stores in…
Women in Tech and Binance Charity, the philanthropic arm of the world’s largest cryptocurrency exchange and blockchain infrastructure provider, Binance, respectively, today announced a landmark global partnership to educate 2,800 women from marginalized communities in Brazil and Africa about blockchain technology. The first courses will be held in Rio de Janeiro, Brazil, and Cape Town,…
Following the successful debut of the EdTech platform RiseBack.org, which provided students in the USA with access to affordable higher education, Indian American social entrepreneur Dr. Tausif Malik has now introduced a similar platform for African professionals and students. RiseBack is a pioneering EdTech platform that offers undergraduate and graduate degree programs. RiseBack has partnered…
Notion Technology Limited (NTL), the representatives of American #1 Technology Company – Comway and Hsv Products in Nigeria, has opened a new office in Abuja. The multiple-award winning IT services company has commissioned a new office located at the Ground Floor, Ekiti House, Plot 1042, Kur Mohammed Street, Central Business District, Abuja, FCT. “Our vision is…
SMFEST (Social Media Fest) has announced that its second edition themed “CREATIVE DISRUPTION” will hold on 22nd October 2022 at the Landmark Event Centre Owerri, Imo State. SMFest is a global annual conference that seeks to bring together the best and brightest minds in the world of technology. It is a platform that teaches its audience to…
Flutterwave, a major payments technology firm in Africa and in Nigeria, has announced that the Central Bank of Nigeria has granted it a Switching and Processing License (CBN). Flutterwave will be able to issue payment cards to customers directly thanks to the Switching and Processing license, as well as process financial transactions for other fintech…
Seven of the 219 startups that have been disclosed so far are from the continent, and three more startups from the continent have been confirmed as members of the S22 batch of the famed Silicon Valley incubator Y Combinator. The S22 batch of the Y Combinator program, which helped launch businesses like Airbnb, Coinbase, and…
14 founders have been chosen for the 2022 class of the flagship Venture Showcase program for women-led enterprises by VC4A, The Africa platform for startup investment. Each firm in the portfolio is aiming to raise $250K to $10M in Pre-Seed, Seed, and Series A funding. Speaking about the significance of highlighting these businesses, Ben White,…
The e-track programme, a three-phase venture acceleration program run by UCT GSB solution Space, has chosen fifteen African startups to participate. Venture Launch, the first stage of the most recent iteration of the e-Track Program, began about five weeks ago. It is managed by the UCT GSB Solution Space. UCT GSB is a specialist centre…
Global analytics leader, SAS has partnered with three South African universities to launch the Teachers4DataAnalytics program, a teacher training initiative that aims to reach hundreds of teachers and provide them with the knowledge and tools to inspire their students to pursue careers in data analytics. Teachers4DataAnalytics will also form part of a bigger SAS driven program focused…
The 25 finalists for the third iteration of The Future is Female Mentorship Program, the first PR and communications mentorship program specifically for African female startup innovators, have been revealed. In comparison to the applications submitted in the 2021 edition, the program received 343 applications from 36 different African nations in this edition, a 91%…
There are many variations of passages of Lorem Ipsum available but the majority have suffered alteration in that some injected humour.
There are many variations of passages of Lorem Ipsum available but the majority have suffered alteration in that some injected humour.
Mungenow Technologies, a startup based out of Buea (popularly referred to as Silicon Mountain), Cameroon has launched a guest house booking platform aimed at helping travelers to and across Cameroon’s major cities and eventually the rest of Africa to find verified and affordable places to stay during their trip no matter what their budget is….
The fifth Ecobank Fintech Challenge has been announced by pan-African banking organization Ecobank Group, which invites African Fintech business owners to participate. A top prize of US$50,000 in cash and the ability to partner with and scale their solutions throughout Ecobank’s 33 African markets are up for grabs for fintechs that are in line with…