Business Jumia Nigeria launches Quick E-commerce Platform To Deliver Orders Within 20 minutes in Lagos Jumia, one of Africa’s leading e-commerce platforms has announced the launching of its quick commerce outlet named Jumia Food Mart. This platform is established to satisfy the demands of its customers that have so far increased.Through Jumia Food Mart, customers can now receive their grocery orders in a
AfCFTA Launches Digital Hub For Easy Trading Across Africa A digital platform to ease trading activities across the African continent has just been launched by The Africa Continental Free Trade Area (AfCFTA) Secretariat. The initiative is an interconnect public utility for national, and international, intergovernmental, private and digital partnership platforms established to connect businesses for the purpose of a
African Startups Win Migration Entrepreneurship Prize The Migration Entrepreneurship Prize 2022 had 20 winners which included startups from Nigerian Ghana, Ethiopia and Tunisia. The was specifically awarded, especially to startups whose initiative is meant to boost migrants’ incorporation in the Middle East and Africa. The Peace and Human Rights Division of the Swiss Federal Department of
CATAPULT: African Inclusion Program Is Now Accepting Applications An LHoFT Foundation has launched the fifth edition of its CATAPULT: Inclusion Africa program and it is now accepting applications. The program is set to ride on Luxembourg’s ecosystem which is finance and fintech inclusive, this is meant to support selected businesses to scale their businesses. Asides from scaling
Funding Ghana's Zeepay Raises $10 million Series A Round. Zeepay has announced a Ten million US dollars ($10 million) Series A 5 funding round. Zeepay is a Ghanaian fintech company that is targeted at providing integrated mobile payment services which include mobile wallets for their audiences thereby making financial transactions for its users seamless. Zeepay launched in 2014 with
E-pharmacy myPaddi To Launch E-pharmacy With Koffi Annan Prize Money One of the recent winners of the International Koffi Annan Awards, myPaddi, a Nigerian-owned Health-tech, plans to launch E-pharmacies with the prize money from the competition. This was revealed during an interview The Ouut had with myPaddi What is myPaddi Mypaddi is a pidgin-generated name that directly means “my pal
ARM Launches Ultramodern Workspace For Nigerian Fintech Startups Assets and Resource Management Holding company (ARMHoldco) has launched an ultramodern innovation workspace for fintech startups that have been selected by the ARM Labs Innovation Program. The workspace is located at the company’s headquarters in Ikoyi, Lagos state. This is done as the organization fulfils its commitment to provide
Business Uganda's Tripesa Raises Pre-SeedRound For Continental Expansion Tripesa, a Ugandan tourism-tech startup has raised a pre-seed round that will help it scale its continental expansion, through a suitable product market. Tripesa which was previously called RoundBob started as an online travel platform, but it was affected during the pandemic which forced tourism to shut down all over
Kenya's Virtual Pay Gets Licence From CBK Virtual Pay International Limited, financial technology and payment firm in Kenya has just announced that it has received a Payment Service Provider (PSP) licence from the Central Bank Of Kenya, to operate Payment Gateway Services in the East African nation. This is as directed by the National Payment System (NPS)
BlockHeader Organizes 1st Web3 workshop and hackathon in Northern Nigeria Blockheader in partnership with Filecoin Orbit Nigeria organized the first web3 hackathon to be hosted in Northern Nigeria. The event held from July 29th -July 31st 2022. The “Northern” hackathon, is derived from the need to initiate the innovation mentality in Northern Nigeria. The event which is the first hackathon
2022 Q3 Kicks Off With Multiple Training and Fellowship For Women Interested in Tech It was such a buzz when the English Premier League (EPL) kicked off on the 5th of August 2022. The excitement streams out of every man who loves football, you see them share posts about it on social media and talk about it in gatherings, now the Tv is theirs
Business Nigerian Beacon Power Services Secures $2.7 Million Seed Round Beacon Power Services (BPS) a Nigerian tech startup has secured a $2.7 million seed round. BPS is known to provide energy management software and also analytics used by utilities and mini-grid operators. It was revealed that the secured funding will help the company develop its current product, which includes
Women Techsters Selects Over 1,000 Women Across Africa For Concentrated Tech Training The Women Techsters Fellowship (WTF) Technology For Social Change and Development Initiative, class of 2023, taking place in Lagos, Nigeria has selected Sixty-Eight (68) women from Kenya, to be admitted into the program. The Women Techsters which launched in 2021 is directed at filling the gap between digital and technology
Business Mdundo Surpasses Projected Streaming Target For Year 2022 Kenya-based music streaming platform, Mdundo, has announced that it has surpassed its targeted listenership for the year 2022. This it made none when it disclosed that it now has 20.3 million active users monthly as of June 2022. Mdundo had a target of between 19 to 20 million users
Kenya's FaidiHR Receives Undisclosed Amount Of Funding One of Kenya’s fintech startups, FaidiHR, has received investments in form of funding from SprintX, a Venture capitalist established in the US. Faidi is a startup that deals with payroll services, the startup has recently changed its name from Crew HR & Payroll to FaidiHR as a result of
Theconnecthead; Connecting Talents Via Tech How music makes you feel is exactly what makes it important. Listening to Jimmy Cliff’s “I can see clearly now” just after the rain is gone while inhaling the clear air, and looking at the blue sky can definitely make you feel refreshed. Or listening to “Eyo”, by our
Youverify Raises $1million In Seed Round Extension Nigerian identity verification company, Youverify, has announced its success of raising One million US dollars ($ 1 million) in seed round extension, the startup had previously raised One million, Five hundred Thousand US dollars ($1.5 million), which brings the total seed raised to Two million, Five hundred thousand US dollars
Kenyan Insurtech, Lami Secures $3.7 million Seed For Extension Kenyan insurtech, Lami Technologies, has secured a seed round to the tune of Three million Seven Hundred Thousand US dollars ($3.7 million) this was made known during an interview with journalists. Lami Technologies launched its first product in 2020, intending to increase insurance access in Kenya and to Kenyans
Techstars To Invest In 36 Nigerian Startups Within The Next 3 years Techstars, an international investment business, is preparing to help about Thirty-six (36) Nigerian startups within the next 3 years, it is currently taking applications as concerned startups are encouraged to apply before the 24th of August. Techstars has helped several startups grow worldwide, investing in about 20 Nigerian startups already,
Not the Best July For Flutterwave There is no doubt that Flutterwave has experienced the dry weather that comes along with July in Kenya. In July, the Kenyan weather is probably not harsh but not cool either, the rain is over and the Kenyan safari feeling takes over. This is the kind of weather tourists love,
Asia Kenyan Technology Players Organize Digital Talent Program For Youths Major players in the Kenyan technology sector have come together to launch a Digital Talent Program directed at improving digital skills within the market by embarking on a sustainable approach to help develop thriving digital talent. The DTP is intended to train about One thousand participants in its maiden edition
Business Fast Ride Launches As Nigeria's First E-hailing Company The first indigenous e-hailing company in Nigeria has launched. Fast Ride Limited, the initiator Fast Ride App, is determined to provide Nigerians with an tool for easy transportation and logistics. Fast Ride has formally began operation with its mobile application the “Fast Ride”. In attendance of the launching, notable companies
Business Safaricom Partners With Kodris Africa To Develop Kenya's Coding Skills Kodris Africa, an education technologies organization, and Safaricom, Kenya’s leading mobile network service, have gone into partnership to strategically promote the study of coding via the purchase of a yearly tutorial on the M-Pesa app (Safaricom’s Mobile Money Platform). With this partnership, customers can procure tokens with a
Kenya's Whitebox Partners With The Kijiji to Train Innovators and Entrepreneurs Whitebox in collaboration with The Kijiji is set to enhance Kenyan youths by training local innovators and entrepreneurs through a two-month intensive boot camp. Whitebox, established in 2018, is an initiative of the Kenyan government, under the Ministry of Information, communication, and Technology, ICT. Whitebox was set up to help
Namibia Launches First Crypto ATM; Crypto Kiosk Namibia, a Southern African nation has just launched its first crypto ATM, as blockchain acceptance and adaptation continue to spread in most African countries. The launching of the digital currency ATM took place at Maerua Mall in the nation’s capital Windhoek. According to reports, this initiative allows Namibians and
