Nigeria
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News
Vertiv opens new office and customer showroom in Nigeria
Vertiv has today announced the opening of a new office and Customer Showroom in Lagos, Nigeria. The Lagos office is…
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News
Five African transport and e-commerce startups emerge from GIZ LoT 17 program
Seedstars and Lab of Tomorrow (LoT) have announced the conclusion of LoT 17, an innovative program aimed at transforming Nigeria’s…
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News
[Nigeria] Prembly acquires data sharing firm Tunnel
Prembly, which bills itself as a leading compliance and security infrastructure company in Africa has announced its acquisition of secure…
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News
QED Investors lead $12 million investment in Nigeria’s healthtech startup Remedial Health
Across Africa, 85 percent of retail medicine purchases happen at micro-enterprises, typically neighbourhood pharmacies and) and Proprietary Patent Medicine Vendors…
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News
Nigeria trails South Africa and Kenya in Africa’s B2B payment revolution
Nigeria trails South Africa and Kenya in the development of key B2B payment processes across Africa, including the adoption of…
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News
Nigeria bans Binance operations in the country
Nigeria has ordered crypto exchange platform Binance to halt its operations in the country. The country’s Securities and Exchange Commission…
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News
Nigeria health-tech Helium Health raises $30m Series-B funding
Helium Health, the Lagos-based health tech firm Helium has raised $30 million in Series-B funding The funding round was led…
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News
Nigerian Based Startup Figorr Raises $1.5M in Seed Funding
Nigerian-based cold-chain startup Figorr has secured $1.5 million in seed funding and has since rebranded from Grcd to Figorr. Its…
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Startups
Nigerian Startup Slashes Paperwork for Doctors Across Africa Using AI
As a medical doctor in Nigeria, Tobi Olatunji knows the stress of practicing in Africa’s busy hospitals. As a machine-learning…
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News
Bolt opens applications for its 2023 Women in Tech internship program
On-demand transport platform Bolt has today opened applications for its 2023 Women in Tech internship program. Now in its third…
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News
Nigeria’s PSP Nomba raises $30 million Pre-Series B
Nigerian payment service provider Nomba has raised a $30 million Pre-Series B funding round to support the delivery of bespoke…
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News
Nigerian online training provider Blurpe launches talent linking tool
Nigerian online training company Blurpe has launched a new product dubbed Talent Pool, aimed at linking marketing specialists in Africa…
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News
Nigerian counterfeit tracking startup Chekkit has raised undisclosed amount of funding
Nigerian startup Chekkit has secured an undisclosed amount of funding to help it scale its blockchain-powered drug safety and tracking…
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News
Nigerian crypto startup Lazerpay shuts down after failing to raise funds
Nigerian crypto payment platform Lazerpay has declared its intentions to shut down after failing to raise a successful funding round.…
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News
Nigerian health-tech startup Healthlane is restructuring as it struggles to remain afloat
Nigerian health-tech startup Healthlane has announced plans to change its business model, following months of operational struggles and little business.…
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News
[Nigeria] Mobility Startup Shuttlers Has Raised $4M for Expansion
Nigerian shared mobility startup Shuttlers has raised $4 million in a new funding round to facilitate expansion. The startup was…
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News
Nigeria’s Autochek appoints US automotive industry veteran Robert Granados to its board
Autochek, the Nigerian startup making car ownership more accessible and affordable across Africa has appointed US automotive industry leader and…
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News
[Nigeria] Fintech startup OnePipe raises $4.8m to reach more SMEs
Nigerian fintech startup, OnePipe, has secured $4.8 million in debt funding from TLG Capital to drive the company’s inventory finance…
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News
[Nigeria] Government launches a $672 million fund to support tech startups
Nigeria has set aside a $672 million fund to support young investors in the tech and creative industries, The introduction…
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News
Nigeria and South Africa on the radar over increased money laundering cases
The Financial Action Task Force (FATF), an intergovernmental organization that works to curb global money laundering and financial crime has…
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News
Nigerian fintech startup Trade Lenda has raised $520k in pre-seed round
Trade Lenda, a Nigerian fintech startup that helps micro, small, and informal retailers with access to financing for their business…
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News
Nigeria launches payments card program to take on Visa and Mastercard
The Central Bank of Nigeria (CBN) has launched a national domestic payments card program called AfriGo, meant to help the…
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News
Mitel, Mart Networks Re-Affirm Their Technology Investment in West Africa.
Telecommunications company, Mitel, and distributor, Mart Networks have re-affirmed their commitment to leverage on technology to improve the telecommunications sector…
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News
Nigeria’s Commodities Exchange Firm AFEX Expands to Uganda
After expanding its commodities exchange business in Kenya in June last year, Nigeria’s AFEX is now expanding to Uganda. Similar…
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News
These African Countries are leading in Loan Apps Downloads
After analyzing 140 million installs, across 3,000 finance apps, Google in collaboration with analytics firm AppsFlyer found that installation of…
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News
Bolt is Pioneering Ride-Now Pay-Later Services in Nigeria
Ride-hailing company Bolt has partnered with Nigerian fintech CredPal to introduce ride-now pay-later services to its customers. CredPal is a…
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News
Nigeria is working on a law recognizing cryptocurrency as legal tender
Nigeria’s House of Representatives is working on a law that may soon recognize cryptocurrency as legal tender, alongside other forms…
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News
Nigeria’s online furniture store Taeillo raises $2.5 million for expansion
Nigerian online store Taeillo has announced a $2.5 million funding round from Aruwa Capital, a growth equity and early-stage investor.…
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Startups
Nigeria’s ThriveAgric crowned winner of Visa Everywhere Initiative
ThriveAgric, a Nigerian startup that champions technology to transform the payments landscape for smallholder farmers, was crowned winner of the…
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News
Nigeria launches Africa’s first humanoid robot named Omeife
UNICCON Group, a Nigerian company founded in 2020, has launched a humanoid robot, the first of its kind in Africa.…
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News
Leading Nigerian crypto platforms are on downsizing spree as markets plunge
The crypto market has been hard hit by an unprecedented fall in prices. The collapse of FTX, seen as one…
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News
Nigerian food-tech Orda raises $3.4 million seed round to digitize African restaurants
Nigerian food-tech platform Orda announced has raised a $3.4 million seed round to further digitize food businesses across the continent.…
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Blockchain
More than 2000 developers joined the Polygon Africa Web3 Bootcamp
In September, blockchain platform Polygon opened applications for its Web3 Bootcamp targeting African developers. The Polygon Bootcamp and Hackathon was…
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News
How the fall of FTX impacted Nigeria’s Web3 startup Nestcoin
It’s now emerging that the collapse of American crypto platform FTX last week has had an impact on Nigeria’s Web3…
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News
Nigerian Fintech Kuda Wants To Make Remittance From UK To Africa Cheaper
As remittances to Africa increase, several firms are finding ways to make it easier, cheaper and more convenient to send…
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News
Africa Data Centres extends edge cloud capability through Unitellas partnership at Lagos facility
Africa Data Centres has announced that enterprise cloud services provider Unitellas will be bringing Zadara’s global federated edge service to its…
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Startups
Nigeria’s Payhippo acquires Maritime Microfinance Bank to expand its customer offerings
Payhippo, a fintech that offers credit facilities to SMEs in Nigeria has acquired Maritime Microfinance Bank (MFB). MFB is a…
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News
Kenya, Nigeria and SA lead fintech growth in Africa, Mastercard report
A report by payment services company Mastercard has revealed that South Africa, Nigeria and Kenya are among the most vibrant…
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News
Cisco Networking Academy has trained more than 1.07 million people in Sub-Saharan Africa to date
Cisco has trained and upskilled more than 1.07 million people in Sub-Saharan Africa through its Cisco Networking Academy since it…
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News
This platform aims to help African writers gain audience and build an online community
The appetite for high-quality writing is at an all-time high as the internet creates more opportunities where writers can get…
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News
Binance Charity is offering 1000 scholarships for technology skills training to African youths
Binance Charity, the philanthropic arm of cryptocurrency and blockchain firm Binance is offering scholarships for 1,000 Africans in a 1-year…
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Startups
President Buhari signs Nigeria Startup Bill into law
As technology-led innovations take centre stage in Africa, countries are putting in place policies to support innovation and accelerate the…
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News
Nigerian data and intelligence firm Stears has raised $3.3 Million for expansion to East Africa
Nigerian data firm Stears has raised $3.3 million in a seed round in which Serena William’s VC firm Serena Ventures…
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News
African tech startups have so far raised $2.7bn in funding this year, report
A report by pan-African tech publication Disrupt Africa has revealed that African tech startups raised $2.7bn in funding in the…
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Startups
Nigeria’s heath-tech startup Lifestores Healthcare has raised $3M
Nigerian health-tech startup Lifestores Healthcare has raised $3M for expansion across the country in a pre-Series A funding round. The…
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Startups
Nigeria’s restaurant management startup Vendease has raised $30 million to scale its food supply business
Nigerian startup Vendease which makes it easy for restaurants to access food supplies has raised $30 million in Series-A funding.…
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BUSINESS
Sendy and Meta to offer free digital skills training to SMEs in Kenya and Nigeria
Sendy, the Kenyan logistics startup has partnered with Meta through the Innovation Growth Hub (IGHub) to offer free training for…
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Startups
Nigeria’s health-tech startup Remedial Health raises $4.4 million in seed funding
Remedial Health, a Nigerian healthtech startup has raised $4.4 million in seed funding to accelerate its expansion across the country.…
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News
TechPR Nigeria appoints Felicia Ochelle as new CEO, announces pan-African expansion
TechPR Nigeria, a Public Relations and Communications firm, has announced the appointment of Felicia Omari Ochelle as the new Chief Executive Officer…
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News
Healthtech Startup mPharma Acquires Majority Stake in Nigeria’s HealthPlus
Ghanaian technology-driven health startup mPharma has acquired the majority stake in HealthPlus, the leading pharmacy chain in Nigeria. mPharma Chief…
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Startups
Brazilian fintech unicorn EBANX sets shop in Africa
Brazilian fintech unicorn EBANX is set to launch its operations in Africa as it seeks to expand its business outside…
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News
Nigerian fintech Kippa has raised $8.4 million seed round
Nigerian fintech startup Kippa has raised $8.4 million in an oversubscribed seed round. This round of funding was led by…
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News
Hack The Mara hackathon finalists announced
In June this year, Pan-African technology company the Mara Group invited applicants to the “Hack the Mara” hackathon, a competition…
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News
Nigeria’s blockchain startup Bitmama has raised $2 million to scale across Africa
Bitmama is a Nigerian blockchain company that aims to democratize the payment system across the continent. The startup has remote…
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Startups
Nigerian fintech startup NowNow raises $13 million for expansion across Africa
Nigerian fintech startup NowNow Digital Systems has raised $13M seed round for expansion across Africa. The company was founded in…
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Startups
Nigeria’s BoomKit Has Built a Platform to Manage African Artists
African artists face the challenge of a fragmented market that is sometimes seen as the biggest impediment to success. Without…
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Startups
Nigerian fintech Grey raises $2M to simplify cross-border payments across Africa
Grey, a fintech started by two Nigerians to simplify sending and receiving foreign payments for Africans, has raised $2 million…
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News
Nigeria’s B2B e-commerce startup Omnibiz has raised $15 million to accelerate expansion
There is a growing number of startups across Africa that are helping to connect manufacturers with wholesalers and retailers. Nigeria’s…
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News
![[24Bit Podcast] A discussion on 5G Networks and what Kenyans can expect!](https://i0.wp.com/techtrendske.co.ke/wp-content/uploads/2021/04/24bit_podcast_on_Safaricom_5G.jpg?resize=390%2C220&ssl=1)
Just how slow is 5G adoption in Africa?
5G deployment across Africa has been very slow despite telecom operators around the world having rolled out the network since…
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News
MTN has rolled out 5G trials in seven cities across Nigeria
MTN Nigeria has launched 5G network in 190 sites across seven cities in the country. This initial installation of the…
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News
Flutterwave’s New Chief People and Culture Officer Mansi Babyloni Empowers Young Africans with Tech Skills
Nigerian fintech company, Flutterwave, has appointed Mansi Babyloni as the new Chief People and Culture Officer. This was contained in…
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Interviews
[Interview] Africa is central to our long-term growth strategy, says Visa CEO
AI Kelly is the Chairman and CEO of the global payments firm Visa. He joined Visa in October 2016 as Chief Executive Officer and…
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Startups
This Nigerian health-tech startup is giving maternal healthcare in Africa a new face
The subject of maternal healthcare has been at the centre of global conversations at every turn. Several approaches offering a…
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Startups
Nigerian Startup Klasha Appoints Ayman Jawhar as New Chief Product Officer
Lagos and San Francisco-based Klasha has appointed Ayman Jawhar as its new Chief Product Officer. Ayman will be based in the United…
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News
Nigeria fines Multichoice for airing a documentary on insecurity in the country
Multichoice Nigeria has been fined five million naira (about 11,780 euros) by the Nigerian Broadcasting Commission (NBC) after airing a…
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News
Music streaming service Mdundo hits 20 million monthly active users
Mdundo says it has recorded 20.3 million monthly active users in June 2022, beating the upgraded expected target of 19…
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Startups
Nigeria’s Kwik has launched a free eCommerce storefront for African merchants
Nigeria’s digital commerce enabler Kwik has introduced KwikStore, a storefront that enables merchants across Africa to build and run a…
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Startups
Nigeria’s mobility startup Moove has expanded to India
Nigeria is home to some of the most innovative startups and many of them are disrupting their respective industries in…
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News
Nigerian fintech startup founders jailed in the United States for money laundering
Nigerian-born, US-based founders of a money-remittance fintech Ping Express have been handed a 27-month sentence in the United States after…
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Startups
Nigeria’s bicycle delivery startup Errand360 partners with Jumia for deliveries
Across Africa, a multitude of ideas are mushrooming every day, aiming to address the continent’s most pressing needs. Under the…
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Startups
Nigeria’s open banking startup Mono launches in Kenya
Mono, a Nigerian fintech startup has announced that it is expanding its services to Kenya. Mono builds an open banking…
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News
Nigeria’s Bluechip Technologies has launched a free training for data professionals
Bluechip Technologies, a Nigerian company that develops business applications for data management has launched Primo Academy, a six-month training program…
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Startups
Nigeria’s Moove has raised $20m debt funding from British International Investment
The British International Investment (BII) has extended $20 million in debt funding to Nigerian mobility startup Moove. The 4-year structured…
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News
PocketApp Secures AIP for Mobile Money Operator License in Nigeria
The Central Bank of Nigeria (CBN) has granted an Approval In Principle (AIP) to Abeg Technologies Limited, a product of Piggytech Global Limited,…
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Startups
Nigeria’s Healthtracka Raises $1.5 million, Plans Entry to Kenya and Ghana
The convenience of getting health solutions from the comfort of your home is possibly one of the greatest achievements of…
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News
Nigerian fintech firm VeendHQ secures $330k pre-seed investment
Nigerian fintech firm VeendHQ has secured $330k pre-seed funding to expand its operations. Magic Fund, The Oak Capital, Future Africa, Berrywood…
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News
E-commerce giant Amazon is eyeing expansion to Africa by 2023
Global e-commerce giant Amazon is rumoured to have plans for extending its business to Africa by 2023, Business Insider reports.…
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News
Nigeria is working on a law that could hinder use of social media
The Federal Government of Nigeria is working on a law that could overwhelmingly affect the consumption of social media in…
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News
Tecno is launching a mobile wallet to rival M-Pesa and Airtel Money
TECNO Wallet: Chinese phone manufacturer Tecno Mobile came to Africa and gained grounding with its Africa-centric mobile devices. The company…
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News
Nigerian fintech startup Indicina raises $3m seed funding for Africa expansion
Nigerian fintech startup Indicina has raised $3 million in seed funding round to accelerate its expansion into other African markets.…
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News
Nigerian SeamlessHR Aims to Build HR Software for International Markets
A number of organizations have set camps in Africa to take advantage of the vast human resources. It’s not always…
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News
Sendy partners with Google to empower MSMEs in Kenya and Nigeria.
Sendy has entered into a new partnership with Google to empower small and medium businesses in Kenya, South Africa and…
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News
Nigerian EdTech startup Afrilearn joins the UNICEF Innovation Fund
Nigerian EdTech startup Afrilearn has emerged as the only Nigerian startup to join the latest cohort of the UNICEF Venture Fund. Afrilearn…
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Startups
Kenyan e-health startup Maisha Meds hits 1000 active facilities, expands to Nigeria
Kenyan digital pharmacy network Maisha Meds has reached 1,000 active facilities, making it one of the largest digital pharmacy networks…
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Startups
This Nigerian fintech is simplifying banking for immigrants
Nigerian fintech startup Vesti is changing the way immigrants access banking services around the world. The company launched by two…
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News
Nigeria’s Jamit hopes to bring African podcasters together
Podcasting is a trend that’s rapidly gaining momentum in the world. Most of the developed markets have gladly accepted it…
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News
OPay and Mastercard partner to expand regional reach
OPay, a Nigerian fintech regarded as one of Africa’s most valuable fintech startups has entered into a strategic partnership with…
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News
Ashoka launches program to support young innovators in Nigeria
Ashoka, a global organization that supports the world’s leading social entrepreneurs, has officially launched the “Everyone A Changemaker”(EACH) Movement in…
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Startups
Nigeria’s Freight Forwarder Topship Raises $2.5M Seed Funding
Since tech-based startups started playing a key role by bridging gaps in the logistics sector in Africa, we’ve witnessed tremendous…
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Startups
VC firm Ventures Platform appoints Dr. Dotun Olowoporoku as New Venture Partner
Pan-African VC firm, Ventures Platform has appointed Dr. Dotun Olowoporoku as its new Venture Partner. The appointment comes less than…
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Startups
African Startups Raised $2billion in 2021, Report
The African Tech Startups Funding Report (2021) demonstrates a continued interest by investors in promising African startups. According to the…
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Startups
Nigeria’s Fidia has created a crowdfunding platform for African content creators
For any content creator, getting their work seen and appreciated by the public is the first important step to success. …
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Startups
B2B eCommerce platform TradeDepot appoints Chidi Akubuiro as Managing Director for West Africa
TradeDepot, a B2B eCommerce and embedded finance platform in Africa, has appointed former Coca Cola HBC and Hayat Kimya Nigeria…
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Startups
Nigerian Trade Tech Firm Norebase Raises $1M in Pre-Seed Round
Norebase, a Nigeria-based trade technology firm announced on Wednesday that it has secured $1M pre-seed funding round. The funding round…
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Startups
Nigeria’s OnePort 365 secures $5 million Seed Funding to Digitize Freight Management in Africa
Nigeria’s digital freight forwarding company OnePort 365 has raised $5 million in seed funding to drive the end-to-end digitisation of…
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News
Google’s Equiano undersea cable lands Nigeria
Google, in partnership with West Indian Ocean Cable Company (WIOCC), has laid a 12,000km subsea cable running from Portugal to…
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BUSINESS
China’s 4PX Express partners with Jumia to expand its delivery services in Africa
Jumia has partnered with Chinese global logistics company 4PX Express to help it expand its reach in Africa. The announcement…
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Startups
Nigerian logistics startup Kwik raises $2 million Series A Round to digitize informal African trade
Nigerian logistics startup Kwik has closed its $2 million Series A round led by XBTO Ventures, an investor focused on…
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Startups
Nigeria’s agri-tech startup ThriveAgric raises $56.4m debt funding to accelerate African expansion
Nigeria’s agri-tech startup ThriveAgric has raised $56.4M in debt funding from local commercial banks and institutional investors to grow its…
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CLOUD
Microsoft launches season 3 of its regional digital and coding competition for university students
Microsoft has launched season 3 of its Africa Development Center (ADC)-sponsored Game of Learners (GOL) digital and coding competition for…
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CLOUD
There’s an increasing demand for data centers in Africa
As internet penetration in Africa continues to increase, the demand for data centers is also booming. Customers in Africa are…
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