Month: March 2018

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

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

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


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

Hewelett Packard Enterprise Acquires South African Startup, Cape

Hewlett Packard Enterprise, HPE, in a news release, announced a definitive agreement to acquire Cape Town and San Francisco based Cape

Chat To Get Insured – FinChatBot Is Boosting The Conversions For Insurers

Ever faced a long holding time while connecting to a customer support channel? The answer, a resounding YES. But wait,

Banned In Egypt, Tipping Feature In South Africa -The Uber Anomaly

Coming out of a tumultuous week, Uber has had its license withdrawn and doors shut in Egypt after a drawn-out

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.

Data Centre Provider Teraco To Expand Its Cape Town Facility And Build Another In Gauteng

Teraco that completed its Bredell hyperscale data centre last year, with deployment of space of over 6000m² and a municipal power supply

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

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

China’s Tencent Loses $24 Billion In Market Cap After Naspers Cuts Down 2% Stake

South African media giant Naspers is selling up to 190 million shares in China’s Tencent. The accelerated bookbuildsale could earn

Knife Capital Backs Cape Town’s Machine Learning Startup DataProphet

Cape Town-based DataProphet that develops and implements product development solutions to a wide range of industries, with a specific focus

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

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

Africa’s First Tech Unicorn Set To IPO

In 2016 the world watched as Africa crowned its first tech unicorn – Jumia Group – previously African Internet Group.

PORTAZ’s ICT Innovation Drive backs Six Zimbabwean Startups

ICT Innovation Drive was launched last week in Zimbabwe by POTRAZ (Postal and Telecommunications Regulatory Authority of Zimbabwe) and six

Nairobi & London Based AgriTech Wefarm Raises USD 5 Mn

Wefarm, Nairobi and London based, farmer-to-farmer digital network, announced in a press release that it had secured USD 5 Mn

M-KOPA Raises Another USD 10 Mn to Expand Further in East Africa

M-KOPA, which sells solar home systems, has recently concluded a USD 10 Mn round led by CDC. The series details

South African Fintech Startup Entersekt Lands Its Third Best Mobile Security Technology Award

South Africa based financial security solution Entersekt has clinched the award for Best Mobile Security Technology for the third time at

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

Exclusive: Finland’s Claned and World Vision Join Forces To Improve Teaching Quality in Kenya

Claned Group, an online learning platform, has partnered with World Vision Finland, a development and advocacy organisation, to leverage the

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

Uber Eats To Launch in 100 New Cities Including Egypt & Kenya

Uber Eats, the on-demand food delivery app announced its expansion plan to 100 new cities in EMEA markets. It intends to

Spotify Arrives In South Africa, Launches Premium Service at USD 5

Spotify, the world’s largest global music streaming subscription service, has launched in South Africa. A press conference will be held

With 100,000 Downloads And Strong Partnerships, South Africa’s Walletdoc Plans To Capture The E-Billing Landscape

Leonard Shenker attributes that combining his industry experience in the payment space with the software and gaming experience of his

Nairobi, Get Ready For Flying Cars

The McFly.aero blockchain project announced setting up of infrastructure for air taxis service in Nairobi along with 22 cities in

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

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

iHub Selects 27 Startups for the Second Cohort of Traction Camp

Kenya’s iHub has selected 27 startups for the second cohort of Traction Camp, a six-month business acceleration program. The program is