Nigeria
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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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Startups
Vehicle financing startup Moove secures $105 million for expansion
African fintech mobility startup Moove has raised $105 million in new Series A2 financing. This comes just seven months after…
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BUSINESS
Airtel Nigeria is offering customers on its network free calls to Ukraine
Airtel Nigeria has announced that customers on its network who have friends and relatives in Ukraine will be able to…
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News
Google launches Hustle Academy for SMEs and Entrepreneurs across Africa
Tech giant Google has today announced the launch of a new academy to offer free training to small and medium…
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Startups
Insurtech startup Casava secures $4m pre-seed funding to provide affordable insurance for millions of Nigerians
Nigeria’s digital insurance company Casava has secured US$4 million in pre-seed funding to provide affordable and accessible insurance products for…
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Startups
Canadian fintech startup Periculum launches in Nigeria to build credit assessment infrastructure for Africa
Canadian fintech startup and credit assessment company Periculum, has launched in Nigeria to tackle the challenge of domestic credit to…
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Social Media
Nigeria lifts Twitter ban after 7 months
Nigeria “indefinitely suspended” Twitter ‘s operations in the country on June 4 last year after the company deleted President Buhari’s…
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News
Nigeria’s CcHUB invested in over 11 high-growth African startups in 2021
Nigeria’s technology innovation centre Co-creation Hub (CcHUB) invested in over 11 tech startups in Africa in 2021 through its new…
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Blockchain
3 trends in Africa’s crypto sector to expect in 2022
For the global cryptocurrency industry, 2021 is likely to be remembered as one of the many years bitcoin broke past…
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Startups
AfDB to invest $170 million in Nigerian startups
The African Development Bank (AfDB) has approved a loan of $170 million to finance a digital and creative enterprises program…
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Startups
Ventures Platform Closes its First $40M Pan-African Fund
Nigeria-based Ventures Platform has announced the first close of its $40 million pan-African fund to invest in market-creating innovations across…
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Startups
Nigerian online learning platform Edukoya raises $3.5 million in pre-seed funding
Nigerian online learning platform Edukoya has raised $3.5 million in pre-seed funding led by European VC firm Target Global. The…
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CLOUD
Africa Data Centres Unveils 10MW Data Centre in Lagos
Africa Data Centres has officially opened its new 10MW data centre facility in Lagos, Nigeria. The new facility, the company…
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News
Nigerian Lending Startup Payhippo Raises $3 Million in Seed Funding
Payhippo, a lending startup that is widening credit access for small businesses in Nigeria, has raised $3 million in seed…
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Startups
Kenyan-based payroll startup Workpay expands to Nigeria
Workpay, a Nairobi-based YC graduate, is expanding its operations to Nigeria. The cloud-based workforce management startup will now offer Core…
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CLOUD
Cloud and Data Centre Provider Digital Realty To acquire Medallion Data Centres in Nigeria
Digital Realty has announced plans to acquire Medallion Data Centres, Nigeria’s leading colocation and interconnection provider. The global provider of cloud-…
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News
MFS Africa signs agreement to acquire Nigerian fintech startup Baxi
Pan-African digital payments hub MFS Africa signed an agreement to acquire Baxi, one of Nigeria’s super-agent networks. The deal, which is…
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Startups
Nigerian Fintech Startup Brass Secures $1.7M Financing Round
Nigerian fintech startup Brass has secured $1.7mn in funding to address the heavily underserved banking needs of local entrepreneurs, traders and…
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Startups
Nigeria’s e-commerce startup Sendbox raises $1.8 million
Sendbox has announced the completion of a $1.8 million seed round from investors including 4DX Ventures, Enza Capital, FJLabs, and…
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Startups
Nigeria’s Home Services App Eden Life Closes $1.4m Seed Round
Nigeria’s home service startup Eden Life has announced that it has completed a $1.4m Seed round, led by UK-based LocalGlobe, along with…
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Interviews
[Interview] Femi Apesin, OnePipe Growth & Marketing Lead: We are making API integration seamless for African banks and fintech companies
The African fintech space has been growing rapidly in Africa over the last few years. Fintech generally refers to companies…
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News
Nigeria’s B2B payments platform Verto secures $10m Series A round for expansion
Nigeria’s B2B payments platform Verto has announced that it has closed $10 million in Series A funding for expansion. The round was led…
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News
Nigeria’s healthtech startup 54gene secures $25 million in a Series B round
Nigeria’s healthtech startup 54gene, has raised $25M in a Series B round funding to expand its capabilities to contribute to…
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News
Facebook, Big Cabal and Comic Republic launch campaign to tackle fake news in Nigeria
Social media giant Facebook has announced a new partnership with Big Cabal Media and Comic Republic to launch a new…
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News
Endeavor Nigeria unveils inaugural cohort for its ScaleUp program
Endeavor Nigeria has unveiled the inaugural cohort of entrepreneurs for its new 10-week Endeavor ScaleUp Program that aims to support Nigeria’s…
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News
Central Bank of Nigeria partners with Bitt fintech to develop country’s first digital currency
The Central Bank of Nigeria (CBN) has partnered with Barbadian fintech firm Bitt, to develop the country’s new digital currency, named…
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News
Nigerian mobility startup Plentywaka raises $1.2m seed funding, acquires Ghana’s Stabus
Nigerian mobility startup Plentywaka has raised a $1.2 million seed funding round, after successfully ending the Techstars Toronto Accelerator Program…
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CYBER SECURITY
Kenya and South Africa top targeted African countries by malware attacks, Kaspersky
South Africa and Kenya are the most targeted African countries by malware attacks. This is according to a new report…
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News
Nigerian Healthtech Startup Field Intelligence Expands into Eleven New Cities Across East and West Africa
Nigerian healthtech startup Field Intelligence has expanded into Rivers, Edo, Kaduna, Kano, Enugu, Delta and Kwara States in Nigeria, and…
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INSURANCE
AfriGlobal Insurance Brokers launches AfriCover247 digital insurance transaction platform in Nigeria
Nigerian-based AfriGlobal Insurance Brokers has launched AfriCover247, a round-the-clock digital insurance transaction platform that will assist businesses, individuals, and technology…
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News
Nigerian fintech startup Lidya raises $8.3m pre-Series B funding round
Nigerian fintech and lending startup Lidya has announced the completion of its $8.3 million pre-Series B funding round. Alitheia Capital…
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News
IFC appoints Kalim Shah as Senior Country Manager for Nigeria
To support the long-term, inclusive growth of Nigeria’s private sector, IFC has appointed Kalim Shah as its Senior Country Manager…
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News
M-KOPA Expands to Nigeria, Appoints former SafeBoda Country Director its New GM
Connected asset financing platform M-KOPA, has expanded its operations to Nigeria. The move into the Nigerian market the company says…
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BUSINESS
AfDB approves $50m loan to support women businesses in Nigeria
The African Development Bank (AfDB), has approved a $50 million loan to Nigeria’s First City Monument Bank (FCMB) to support…
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News
TechEmerge partners with logistics startup Kobo360 to pilot sustainable cooling innovations in Nigeria
Eleven global innovators have been selected to partner with 15 leading Nigerian companies to pilot cost-effective, climate-smart technologies to strengthen…
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News
Nigerian fintech startup TeamApt secures Series B funding
Nigerian fintech startup TeamApt has closed its Series B fundraising round, as it looks to expand its financial services beyond Nigeria. The…
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News
Nigerian Communications Commission begins review of telecoms license structure
The Nigerian Communications Commission (NCC), has initiated the process for the review of existing licensing structure in the Nigerian telecommunications…
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News
Kenya among top drivers of eCommerce volumes in Sub-Saharan Africa, Visa research
Kenya, South Africa, and Nigeria are the top drivers of eCommerce volumes in Sub-Saharan Africa. This is according to a…
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News
Nigerians found using Twitter will be arrested and prosecuted
Nigeria “indefinitely suspended” Twitter ‘s operations in the country on Friday after the company deleted President Buhari’s tweet. “The Federal…
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News
Nigeria’s Terragon Customer Data Platform (CDP) verified as RealCDP
Africa’s data and marketing technology company, Terragon, has been listed as a verified verified Customer Data Platform (CDP) company by…
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News
Nigeria Sets Aside 5G Spectrum to Pave Way for Deployment
Nigeria ’s communications authority has set aside a spectrum that the country’s telcos will use to launch 5G. The Nigerian…
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CYBER SECURITY
Kaspersky partners with value-added distributor DataGroupIT to strengthen West African footprint
As part of its strategy to grow its business in West Africa, Kaspersky has partnered with value-added distributor DataGroupIT who…
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Blockchain
Nigerian Regulator Issues Warning Against Cryptocurrency Investments
Nigeria’s Economic and Financial Crimes Commission (EFCC) has issued a warning to the country’s citizens over cryptocurrency investments. The warning…
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Startups
Nigerian Fintech startup TeamApt launches internship program to support women in tech
Nigerian fintech startup TeamApt has launched an internship program to support women in Technology. The internship program is targeting female…
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Startups
Ajua and MTN Nigeria launch Customer Management mobile app for SMEs
Kenyan based customer experience startup Ajua has partnered with MTN Nigeria to launch EnGauge, a digital eCommerce customer engagement management…
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News
Three Kenyan startups among recipients of $2-million African Jua fund
Three startups from Kenya are among the recipients of the inaugural $2-million Jua Fund, the largest African venture capital fund…
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Blockchain
Banks in Nigeria Start Closing Accounts Used for Crypto Transactions
Following a circular from the Central Bank of Nigeria last week, warning financial institutions of engaging with crypto, banks have…
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Blockchain
Nigeria bans banks from dealing with cryptocurrencies
The Central Bank of Nigeria (CBN) shocked the local cryptocurrencies community on Friday when it issued a regulatory warning to…
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News
Echelon Capital to invest $1 million in early-stage tech startups in Nigeria
Venture Capital Echelon Capital has announced plans to inject US$1 million in funding in Nigerian tech startups beginning February 2021.…
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News
Kenyan-based digital bank Umba raises $2m seed funding to scale its product offerings
Kenyan-based digital bank for emerging markets Umba has raised a US$2 million seed funding round to help it expand product…
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News
Top 3 Legitimate Work From Home Jobs for Moms in Nigeria
If you work from home, you can be your own boss. This year, remote opportunities are booming. As a consequence…
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News
Liquid Telecom appoints Wole Abu as CEO for Nigeria including new Africa Data Centre
Liquid Telecom has appointed Wole Abu as Chief Executive Officer (CEO) for Nigeria. Wole will also serve as the CEO…
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News
Nigerian fintech startup CredPal raises $1.5million funding round
Nigerian consumer credit startup CredPal has raised a $1.5million funding round. The funding came as the startup prepares to launch its…
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News
Realness Institute opens call for submissions from African writers for Episodic Lab in partnership with Netflix
After announcing a new partnership with streaming giant Netflix last week to create an Episodic Content Development Lab for African writers, Realness Institute…
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News
Africa-focused VC fund Outlierz Ventures invests in three Nigerian startups
Africa-focused Morocco-based B2B VC fund Outlierz Ventures has announced new investments into three Nigerian startups – Bamboo, Youverify and Healthlane.…
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News
This Nigerian HR startup has raised a seven-figure round to expand across Africa
Nigeria’s HR startup SeamlessHR has closed a seven-figure deal as it seeks to expand across other African markets. SeamlessHR was one…
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Startups
Nigerian delivery startup Kwik launches new plugin to enable 2- hour order delivery
Nigerian delivery startup Kwik Delivery has launched a WooCommerce plugin, enabling thousands of Nigerian online merchants to integrate seamlessly its…
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News
This NGO is using crypto to help hundreds of girls, women, and college workers in Nigeria and India
When WONDER Foundation saw its inception eight years ago with the mission to empower women and their communities through education,…
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News
Thousands of Counterfeit HP Products Seized in Kenya, Nigeria and Tanzania
HP, together with local authorities has seized close to 200,000 counterfeit products in Kenya, Nigeria and Tanzania The products include…
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BUSINESS
Nigeria is getting its first-ever bitcoin ATM
Nigeria has the strongest economy in Africa and has always stood out as more or less financially stable compared to…
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CYBER SECURITY
Nigeria to host the 2020 Cyber Africa Summit
Global B2B events and conference organizer, Tradepass is set to host their exclusive cyber security conference, Cyber Africa Summit (CyFrica)…
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Startups
Nigerian fintech startup Aella raises $10m financing round
Nigerian fintech startup Aella has raised a $10m debt financing round from Singapore-based HQ Financial Group (HQF). This debt financing…
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News
Google launches its first Developers Space for African startups and developers in Nigeria
Google has launched its first Google Developers Space for African developers, entrepreneurs and startups in Lagos, Nigeria. Google CEO Sundar…
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Startups
Nigerian Fintech Startup Trove Secures An Undisclosed Amount Of Funding From ARM
Nigerian micro-investing fintech startup Trove has secured an undisclosed amount of funding from asset management firm, ARM. This is the…
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