All about Tech.
Hello Tractor, a Nigerian tractor-booking website, has received $1 million in funding from Heifer International to give tractor loans that may be repaid with cash generated by leasing the tractors to local farmers. The “Pay-As-You-Go (PAYG) Tractor Financing for Increased Agricultural Productivity in Nigeria” program has already enabled tractor purchases in Nasarrawa, Abuja, and Enugu…
Mindjoy, a Cape Town-based ed-tech company, wants to make coding skills available to kids – and adults — on any internet-enabled device. Gabi Immelman founded Mindjoy in July 2021 to address one of the industry’s most widespread issues: a lack of digital skills development. Mindjoy offers live, small-group virtual coding sessions to kids aged eight…
Stitch, a South African fintech firm, has introduced LinkPay, a service that allows customers in South Africa and Nigeria to link their financial accounts and pay securely via rapid bank transfer in seconds. The Stitch API enables developers to quickly connect apps to financial accounts, allowing users to exchange transaction histories and balances, confirm their…
African startups raised approximately $5 billion in 2021, nearly tripling the amount raised in 2020. While the ecosystem has received more funding, technical talent has not grown at the same rate. According to the Africa Developer Ecosystem Report, the number of professional software developers in Africa will increase by 3.8 percent to 716,000 engineers by…
FibreOne Broadband, Nigeria’s broadband and fiber-to-the-home provider, reports a nearly 300 percent increase in customer base. Residential customers increased by 77%, while small and medium-sized businesses (SMEs) increased by 23% during the same time period. FiberOne Broadband, which was founded in 2017, connects people in their homes and businesses, allowing them to enjoy a whole…
WhatsApp has finally caught up to the competition and increased the file limit. Large files of up to 2GB can now be shared. WhatsApp also intends to expand the range of emoji message reactions from Thanks to Sad, Surprised, Like, Laugh, and Love to cover all emojis and skin tones. WhatsApp groups are also getting…
Gaviti, an automated service that helps businesses collect and manage customer bills, has closed a $9 million Series A fundraising round headed by Flashpoint in the United Kingdom, with participation from Moneta VC, North First Ventures, TAU Ventures, and LETA Capital. Their platform allows organizations to manage their collections process through a user-friendly application, giving…
The Central Bank of Nigeria granted MTN the permission to operate Mobile Money (MoMo). Since its inception in 2019, MTN Nigeria’s Mobile Money (MoMo) service has attracted over 9 million subscribers. According to TechCabal, the license means MTN Nigeria would be able to provide practically all the services provided by traditional commercial banks, except for…
Truck hijackings in South Africa continue to affect the country’s economy. These crimes have been on the rise for some years now, with Police Minister Bheki Cele reporting one of the most considerable increases (31.7%) in truck hijackings just over a year ago. Arrive Alive outlines several factors to help reduce the risk of hijackings, including the importance…
The EatSafe Innovation Challenge, organized by Feed the Future in collaboration with the SUN Business Network (SBN) and the Innovative Food System Portal, is searching for businesses, students, researchers, and other innovators in Nigeria and Ethiopia who are concerned about food safety. The EatSafe Innovation Challenge invites innovators to offer their thoughts on how existing…
Visa, a global leader in digital payments, announced the opening of a new Innovation Studio in Nairobi, Kenya, today. Its first dedicated innovation site in Sub-Saharan Africa is the studio (SSA). This facility will service the Sub-Saharan Africa area, according to a news release, and will join Visa‘s network of innovation centers, which have been…
Kena Health is a new health app located in South Africa that allows users to interact with a nurse, doctor, or mental health expert directly from their phone. Kena Health is an app that connects users to a team of certified healthcare practitioners for guidance, diagnosis, prescriptions, sick notes, and, if necessary, referrals to a…
We are ready for Markhack 1.0! Register to attend the launch event on Friday, 8th April Register here
Stax is a firm that moves banking with Unstructured Supplementary Service Data (USSD) from the phone dialer to an offline mobile application, improving the user experience of offline banking. According to Stax’s blog, USSD has been around for 24 years and is largely utilized by telecoms to let them communicate with their clients. Telcos, for…
In the last few years, we’ve seen great innovation across various industries, breakthroughs for marginalised communities, and a digital revolution that has impacted every aspect of our lives. Although these are milestones to be celebrated, there is still so much more that needs to be done when it comes to developing the presence of women…
Climate change has piqued the public’s interest for several decades. As a result, in the recent past, innovations toward engines that do not emit waste products have emerged. eWAKA has launched an electric ‘bodaboda’ in response to the go-green campaign. This new market entrant in Africa not only introduces sustainable mobility options, but also aims…
FreshSource, an Egyptian startup, is a B2B agri-supply chain platform that connects food producers to businesses and exporters, increasing their income, and it is now looking to expand across the MENA region. FreshSource, founded in January 2019 by Farah and Omar Emara, is a B2B agri-supply chain platform that uses technology to transform the way…
Yemaachi Biotech, a Ghanaian cancer research and diagnostics company, has raised $3 million in a seed round to advance its goal of global precision oncology diversification. V8 Capital led the round, which included LifeLine Family Heritage Fund, Y Combinator, Tencent, LoftyInc Capital, VestedWorld, V Square Capital, and Ethan Perlstein. In January, the company launched its…
A swift buzz has taken over the streets and suburbs of Kampala about this new and amazing technology, you can almost hear the words ‘my ADAS?’ ringing in your head. On 6th April 2021, Africa Digital Address Systems Ltd, a Ugandan based company, revealed ADAS for the first time, to the world. The ADAS app…
According to Google, an undersea cable that will boost internet speeds for millions of Africans has arrived in Togo, the latest phase in a multi-year program to provide customers with cheaper access across the continent. The Equiano cable, the first of its kind to reach Africa, has twisted its way from Portugal and will increase…
Simplifyd Systems Inc., a YCombinator-backed Nigerian startup aiming to become the platform of choice for data-free Internet access across Africa, has taken a giant step forward. The company is announcing the launch of ZeroData, its toll-free internet application platform, to address the challenges associated with accessing affordable data in the face of the staggering rate…
South Africans aren’t unfamiliar with the concept of a side hustle. Indeed, according to a recent Momentum/Unisa Household Index, an estimated 14% of all households are currently engaged in side hustles. While many people wear multiple work hats out of a love for a particular craft or to simply help others, side hustles are more…
It is not easy to start a business. To get a business off the ground, you must put in a lot of effort, dedication, and perseverance. However, in today’s world, there are a variety of tools and technologies that make it easier than ever to start a business. You must consider several factors, including your…
Curacel, a Nigerian insurtech startup that offers an AI-powered platform for claims processing and fraud management in Africa, has announced its participation in the latest Y Combinator cohort, as well as the launch of Grow, an embedded insurance product that enables technology companies to seamlessly offer insurance as part of their existing products and services….
Are you a student, entrepreneur, tech enthusiast, creator, developer, marketing professional, media practitioner, or project manager with a big idea that can disrupt Marketing and Media in Nigeria? You can win up to $20,000 at MarkHack 1.0. We are faced with a fast-changing ecosystem, with new media frontiers, new consumption patterns, and a new way…
Technology has transcended race, culture, and class to become a powerful tool for transforming businesses across the African continent. The rapid penetration of the internet in African regions, as well as the digitization of businesses worldwide, have been major catalysts in the new technology-driven era, with the potential to catapult the socioeconomic growth of many…
Digital Marketing Skill Institute, a global leader in the education of Digital Skills has announced the launch of its newest product, Accredital, a platform that matches businesses both home and abroad with rigorously trained and tested digital marketing talents using Artificial Intelligence (AI). Accredital, the first of its kind, is quickly establishing itself as the…
Access to basic financial services in the Democratic Republic of the Congo is severely limited, as it is in most Sub-Saharan African countries (DRC). Only 14 percent of the population has a bank account, and only 25 percent has an account with any banking or financial institution. Furthermore, the French-speaking country has less than 35…
Moderna, a biotechnology and pharmaceuticals company based in Massachusetts, is planning to build a manufacturing facility in Kenya to produce mRNA vaccines, including those for COVID-19. The facility will be Moderna’s first manufacturing plant in Africa, with the company investing $500 million in its construction in order to supply up to 500 million doses of…
Seeing imported agricultural machinery – often paid for by the government or donors – lying abandoned due to a lack of local servicing or parts motivated Minsob Logou to invest his time, money, and energy into a local solution for farmers. As a result, the Logoutrac mini-tractor was born. This award-winning Togolese inventor is venturing…