Category: Western Africa

Cameroon’s Songhai Labs seals AI partnership with Project Datareach To Battle Out Non-Communicable Diseases

Healthcare professionals in Cameroon are set to reinforce their fight against non-communicable diseases in the West African country with artificial intelligence, after Songhai Labs signed a partnership agreement with Project Datareach. The partnership will see the AI project being launched in HSPC polyclinic located in Kumba, Southwest Cameroon. Project Datareach was launched by Vikash Singh in 2015 and […]

Using Psychometry In Its Loan Disbursement Process, Nigeria’s P2P Lender KiaKia Is Bringing Down The Loan Default Rate

Between banks and their customers is a tale of unfulfillment. The gap is because, banks are the natural place for people, mainly medium and small-scale businesses to seek credit or loans, and many have had their fingers burnt.  Either due to unfavorable interest rates and other loan conditions or other policies that reflect poor credit […]

“Technology Is The Future Of Nigeria’s Economy” Says Vice President Osinbajo, During His Visit To The Startups

Nigeria’s vice president Yemi Osibanjo has affirmed government’s commitment to put in place measures that will strengthen and create more tech startups in the country. Startups visited by the vice president include Paystack, Andela, Flutterwave, Workstation, FarmCrowdy, African Fintech Foundry, and Co-Creation Hub. Osinbajo, who was visibly impressed during his visit to seven tech startups […]

DPO Spreads Into Western Africa – More Acquisitions In Pipeline?

Kenyan Direct Pay Online Group continues to expand its reach in Africa with a move to set up offices in Ghana. Having taken a foothold in East Africa and Southern Africa, the Western reaches of the continent have become the next venture for DPO. The African payment service provider DPO has announced the official opening of […]

Nigerian Startup Arone Hopes To Be A Personalised Drone Delivery Service

In 2015, e-commerce platform, Yudala, led Nigeria’s first drone delivery during its Black Friday sales. It was a spectacle with massive coverage and talking points. An Unmanned Arial Vehicle, UAV, took off from the headquarters of Yudala at Redemption Crescent, Gbagada, Lagos, loaded with a Nokia Lumia smartphone and delivered successfully. Before this, drones have […]

Nigerian E-Commerce Players Konga And Yudala Announce Merger

After months of speculation and in a move designed to dominate the organized retail and e-commerce/marketplace outfit on the African continent, Nigeria’s largest online mall Konga have merged with Yudala. Both companies operate under the KONGA brand name. According to reports the strategic business merger which takes effect from May 1, 2018, will see both […]

CoinAfrique Concludes USD 3 Mn Series A Round

Senegal’s CoinAfrique has been a prominent player in French-speaking Africa as a classified advertisement platform, and with a Series A injection of USD 3 Mn their stake in Francophone Africa is only set to grow. They claim to be the “most downloaded classifieds app in French-speaking Africa,” with aims of superseding 10 million monthly users […]

Ghana’s Kudobuzz Acquires RetailTower To Boost Product Portfolio

Ghana ’s startup Kudobuzz has acquired eCommerce RetailTower, a product that allows merchants to list their products across multiple shopping engines. This is Kudobuzz’s second acquisition of this year after it had acquired startup AdGeek in January. According to a blog post the acquisition of RetailTower, which will now be known as Kudobuzz RetailTower, will […]

Nigerian Agritech Startup Farmcrowdy Secures 7,500 Acres Of Farmland To Boost Its Operations 

Nigerian Startup Farmcrowdy, has secured additional 7,500 acres of maize and rice farms in Kaduna and Kwara states. This development sees Nigeria’s agritech startup officially double its acreage of land, which at the end of 2017, stood at 4,000 acres of farmland across 8 states in Nigeria.  In a press release, it was disclosed that  5,000 acres of maize farm would be cultivated by 2,000 new Farmcrowdy farmers in Kaduna […]

Acquisition, Resignation, Merger? – Konga Is On A Roller Coaster Ride

2018 has shaped up to be a roller coaster journey for Konga. The Nigerian e-commerce giant has not only been acquired in the last 60-days, appointed its new CEO Nick Imudia and are now speculated to be merging with Yudala. The acquisition was a logical step in the lifecycle of the company. To have serviced a market like […]

Startups In Nigeria’s South-South And South-East Regions Are A Step Closer To Angel Investors

African Business Angel Network (ABAN) and other partners have unveiled plans to set up a South South and South East focused Angel Network that will provide seed funding for startups within the area. In a conversation with Weetracker, it was told that the process will commence with an Angel Masterclass which will aid the emergence […]

Nigeria’s iFixng Raises USD 50 K in Seed Round, Plans to Increase Employment For Artisans

iFixng, a Nigerian handyman marketplace, has raised USD 50,000 seed funding last month, from an individual private investor Yomi Martin. The startup that had been running in its beta phase since 2016 and launched formally in May 2017 after multiple rounds of testing. It has already created more than 250 jobs since its formal launch […]

With Seed Capital Under Its Belt, Nigeria’s Hostel Marketplace MyPadi Is Easing Out Student’s Semesters

For an average Nigerian student, an academic calendar begins from first securing accommodation popularly referred to as bed space – either on or off campus before anything else. It is a scramble to secure accommodation in a public University or polytechnic. The brave ones tend to do the business quickly and settle down for proper […]

Nigerian Terragon Group Bags USD 5Mn From TLcom Capital

Lagos based data analytics firms Terragon Group has raised USD 5 Mn from African VC TLcom Capital. Terragon Group provides businesses with insights to reach the mobile audience in Africa. Founded in 2009 by Elo Umeh, the startup has been bootstrapped since its inception. It now spreads across many countries including Nigeria, Kenya, South Africa and India. The […]

Facebook Launches Business Training Programme For Nigerian Women, Partners With She Leads Africa

Facebook has announced the launch of #SheMeansBusiness Nigeria, an initiative designed to inspire and train female entrepreneurs across the country to build, grow and start their businesses. It is the first to launch in any Sub-Saharan Africa. With applications opening on March 27, 2018, training sessions across six cities will be followed by post-training clinics aimed at […]

Nick Imudia Overtakes Konga’s Operations After Shola Adekoya Resigns

After more than a year of leading Nigeria’s e-commerce platform, Konga, CEO, Shola Adekoya on Wednesday, March 28, 2018, announced his resignation from the company. Shola disclosed this in a tweet from his handle on Twitter. The tweet contains no possible indication of his resignation. Shola succeeded founder and former CEO Jim Shagaya, who resigned in […]

Flutterwave Partners With Flywire For Cross-Border Payments In Africa

A global payments platform Flywire has announced, in a press release, plans to partner with Nigeria’s Fintech platform Flutterwave to simplify payment transactions for Nigerian students, patients, and businesses abroad. Flywire says it plans to integrate Flutterwave’s payment platform as the preferred option for students, patients, and businesses in Nigeria who are making cross-border payments […]

Nigeria’s Agri-Tech Startup Farmcrowdy Creating Farmers Without Farms

Remember the popular maxim that defines insanity as doing the same thing over and over again, but expecting different results. This aptly captures the trajectory of Agriculture, a once upon a time mainstay of Nigeria’s economy before Crude Oil. Incidentally, many now agree that Nigeria’s chronic dependence on crude oil wasn’t in the best interest, […]

Nigerian Healthtech Startup LifeBank Secures USD 61 K From Germany’s Merck Accelerator

Nigerian healthcare startup LifeBank has been shortlisted for the 6th round of the Merck Accelerator programme in Germany. A statement from the technology and science company in Darmstadt, Germany, announced Life Bank as one of the ten new startups taking part in the Merck Accelerator. The startups drawn from around the world will operate from […]

Tony Elumelu Foundation Selects 1250 Entrepreneurs for 2018 Programme

The Foundation in a press release announced yesterday, its 2018 cohort of 1,250 African entrepreneurs with the most innovative, high-potential business ideas. More than 150,000 Africans from 114 countries worldwide applied to join the 4th cycle of The Tony Elumelu Foundation’s (TEF) 10-year, USD 100 million TEF Entrepreneurship Programme.  TEF Founder, Tony O. Elumelu, CON, commented: “The number and quality of […]

These Three Wonderwomen Offer A Techy Way Out To Legal Hiccups of Nigerian Entrepreneurs

Starting a company is an exciting endeavor; however, it can be a daunting task no matter what industry an entrepreneur chooses to operate in. While the journey would pose innumerable hindrances, navigating one’s way through legal woes can be particularly vexing. Especially if you were going to start up in Nigeria, you would know of […]

9 Fintech Startups in Ghana To Watch Out For – WeeTracker Research

Known as the first country to gain independence in sub-Saharan Africa, Ghana only adopted capitalism in 1992. Hence just one generation here has lived in a free-market society. Nonetheless, Ghana has one of the most active tech scenes in the African continent, right next to frontrunners like South Africa, Nigeria, and Kenya. Many remain surprised […]

CCHUB’s Giving4Good Challenge Sets The Tone For Creative Mobile-Based Platforms To Enhance Philanthropy

Co-Creation hub in partnership with Comic Relief has set up the Giving4Good challenge, which will explore ways Civil Society Organisations (CSO) and Non-Governmental Organisations (NGO) use technology to raise funds from individuals and donor organizations in both local and international/diaspora communities. The organizers noted that the constraints of individual philanthropy in Nigeria revolve around three […]

World Bank Sanctions Additional USD 3 Mn To Support Innovation Hubs In Nigeria

The World Bank has approved additional USD 3 Mn to support the Nigerian government’s bid to diversify the country’s economy through the creation of technology hubs. Nigeria’s Vice President Yemi Osinbajo disclosed this at the opening ceremony of the 2018 Technology and Innovation Expo in Abuja. Prof. Osinbajo explained that the first tranche of the […]

Stanbic Launches Innovation Hub Blue Lab in Nigeria

With the launch of Blue Lab, Nigerian bank Stanbic IBTC has joined an exclusive list of banks with their innovation hub. Blue Lab Situated at number 220 Herbert Macaulay Way in Alagomeji-Yaba was launched on Thursday, March 8, 2018. Supported by the Co-Creation Hub (CcHub), Blue Lab is billed as an innovation hub for incubators […]

This Nigerian Tech Startup Helps Small Business To Market Their Product

Nigeria’s business hub, Lagos, is home to well over 11,000 Small and Medium scale businesses struggling to be profitable. To remain afloat, they have to adequately position their products and services in the market, with hopes to reach their target audience. Of course, these businesses are well aware that more prominent corporations, as a result […]

Digital Diagnostic Care Debuts in Nigeria with PreDiagn

Nigeria’s healthcare sector has a new entrant with the launch of Predaign, a healthtech startup that delivers economical and accessible diagnostic services to its users. This means that with a smartphone and an internet connection, patients can get their health queries attended to almost real time. PreDiagn which was launched in February 2018, uses the […]

Nigeria’s Touchabl can help decode pictures

Many a times when we see pictures shared on social platform or on the internet, it leaves us wondering about the location or even the objects in the picture.  Which shoes is she wearing, they’re absolutely gorgeous! I wonder where I can get a pair like these? Such thoughts commonly cross our minds. Gabriele Eze, […]

Nigeria’s Farmcrowdy raises $1 Million

Farmcrowdy, an online platform allowing Nigerians to venture in and sponsor agriculture has closed $1 million in seed funding. It will use its fresh funding to scale operations, expand into 20 Nigerian states, and bring more small-scale farmers and sponsors into its program. The money was raised from Cox Enterprises, Techstars Ventures, Social Capital, Hallett Capital and Right-Side Capital; as well as […]

Facebook partners with CcHub to launch its Incubator in Nigeria, next year

Facebook has announced that it will partner with C0-Creation Hub (Cc Hub) to launch its first African community hub, NG_Hub, next year in Lagos, Nigeria. In a press release made on 22 November 2017, Facebook stated that the hub will be a “multi-faceted creative space” where developers, startups and the wider ecosystem can collaborate, learn and […]

Nigerian startup Alosab Launches On-demand property rental platform

Launched this September, Alosab aims to address the painful problem of house hunting in Nigeria. They plan to make renting easier for everyone. In order to do so, they provide users with a smart and simple platform that makes renting easy. With their mission to make their users happy by not only easing out the rental hunting problem, […]

Senegalese solar startup Oolu raises $3.2mn in Series A funding from Persistent Energy Capital, Y Combinator and others

Senegalese solar startup Oolu has bagged USD3.2 million in Series A funding round from Persistent Energy Capital (PEC), Y Combinator (YC) and other seed investors Founded in 2015, Oolu provides in-home solar kits composed of three adjustable lights and two USB plugs, powered by a battery that holds a charge for up to six hours with maximum […]

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