The European Union (EU) has declared an investment of €25 million to TradeMark Africa, which was previously known as TradeMark East Africa, to help bring about a five year...

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CHIPPER CASH REPORTEDLY LAYS OFF OVER 100 EMPLOYEES

After letting go 13 % of its labour force last year, Chipper Cash has dismissed another one-third of it's employees this week. The layoff of...

72 AFRICAN EDTECH STARTUPS TO ENJOY CCHUB’S $15 MILLION INVESTMENT

Only 0.72% of Africa’s total venture capital was raised by African edtech entrepreneurs in 2022. Under its Edtech Fellowship Program, Co-Creation Hub (CcHub) hopes...

UQUDO AND GETFUNDEDAFRICA COLLABORATE TO RAISE TECH GROWTH IN AFRICA

One of Africa's top technologically focused market place for founders, GetFundedAfrica, has collaborated with Uqudo which is one of EMEA's most inceptive digital identity...

NIGERIAN HEALTH-TECH STARTUP, FAMASI, SECURES PRE-SEED TO BUILD AFRICAN DIGITAL PHARMACY INFRASTRUCTURE

In a round headed by Microtraction, the Nigerian health-tech company Famasi Africa has secured an undisclosed pre-seed investment to create the pharmacy infrastructure for...

INSURTECH STARTUP, NAKED, EXPAND DIGITAL INSURANCE IN AFRICA, RAISED $17 MILLION SERIES B FUND

The International Finance Corporation led a $17 million Series B round of funding for the South African insurtech startup, Naked. This round also included...

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Everything you need to know about the re-reboot of your favourite childhood flick.

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MTN GLOBAL CONNECT PROMOTES FEMALE LEADERSHIP IN ITS ORGANIZATION

Telecommunications company, MTN GlobalConnect has declared two Managing Directors' designations for their operations in Uganda and Nigeria. The Managing Director position will be taken by Juliet Nsubuga for Uganda branch;...

UQUDO AND GETFUNDEDAFRICA COLLABORATE TO RAISE TECH GROWTH IN AFRICA

One of Africa's top technologically focused market place for founders, GetFundedAfrica, has collaborated with Uqudo which is one of EMEA's most inceptive digital identity...

INSURTECH STARTUP, NAKED, EXPAND DIGITAL INSURANCE IN AFRICA, RAISED $17 MILLION SERIES B FUND

The International Finance Corporation led a $17 million Series B round of funding for the South African insurtech startup, Naked. This round also included...

QOTTO TO EXPAND INTO IVORY COAST AFTER RAISING $8 MILLION SERIES A FUND

Qotto has raised an estimated $8 million in Series A equity-debt round to expand to more African nation. Qotto is a cleantech startup established...
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Nigerian Telecom Operators Experience a Turnaround from the Increasing Data Consumption While Voice Revenue Drop

The tremendous increase in data consumption by Nigerians is bridging the gap incurred by the...

SAFARICOM CHANGES LEADERSHIP, APPOINTS NEW EXECUTIVES

Telecom giant, Safaricom, has announced a lot of modifications in...

CBN DIRECTS BANKS TO ISSUE REDESIGNED CURRENCY TO CUSTOMERS OVER THE COUNTER

Nigerians have been through a hazardous week because of...

NIGERIA IS IN A OIL DEAL WITH SOUTH KOREAN FIRM 

The Nigerian National Petroleum Company (NNPC) Limited, for a simple...

OIKOCREDIT INVESTS IN YELLOW TO SUPPORT SOLAR ENERGY GROWTH IN AFRICA

A PAYG provider, Yellow, is being supported by Oikocredit with...

GRINDSTONE X NASPERS LABS ANNOUNCE THE 10 WOMEN LED STARTUPS TO PARTICIPATE IN ITS WOMEN-FOCUSED ACCELERATOR

Naspers Labs and Grindstone have announced the 10 startups selected...
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