Evolution, Innovation, Prop-tech; A Simple Overview Evolution Flashback: Flipping through the popular Castles property magazine, even if you don’t have money in your pocket you can at least have a view of what the rich folks are buying in “2009”. ” 2 bedrooms bungalow, at Agbado Ijaye Lagos, All ensuite, with a swimming pool, asking price:
Business Sage Launch Sage Intacct In Mauritius, Two Other African Nations Sage, one of the leading payroll HR and financial technology for small and medium-scale businesses has launched Sage Intacct in Mauritius and two other Southern African Nations. The notable cloud financial management tool provides financial firms with the needed automation and data to keep up with the requirements of managing
Nguvu Health Partners With AXA Mansard To Enable Affordable Mental Healthcare Nguvu Health, an online teletherapy platform, on Monday revealed that it has gone into a strategic partnership with AXA Mansard an insurance and asset management firm, to provide affordable healthcare packages especially mental healthcare for companies passionate about their employees well being. This is in commemoration of World Mental Health
Anambra State, Nigeria Tech Revamp Event To Hold on October 12 The Anambra state government in Nigeria will be hosting a tech event tagged “Tech Revamp” on Wednesday the 12th of October. This event is in line state government technology development plan in the state. The state governor, Prof. Charles Soludo, has made technology part of the focus of his administration,
Netflix Gets Deal To Promote Kenya's Wildlife For Global Attraction In the spirit of tourism maximizing the use of technology to build constant developments, Netflix, a popular American streaming platform has partnered with Kenyan’s Ministry of Tourism and Wildlife to promote the country’s tourism sector, likewise establishing the growth of the sector. The partnership which is meant to
Kenyan Travel-Tech PEV Raises $1 million International Investment A Kenyan-based travel-tech startup, Purple Elephant Ventures,(PEV), has raised One million US dollars ($1 million) from international investors, to develop the startup, especially some of its activities in need of financial aid. PEV is a tech-driven tourism outfit that is intentional about linking technology with climate action and tourism,
Business Treepz, FEMADEC Group Partners, Launch ECO-FRIENDLY BUSES IN Nigeria Nigerian-established mobility startup, Treepz, in partnership with FEMADEC Group, has launched eco-friendly buses in Nigeria. This is part of the startup’s effort to “Go Green” an action that will support Nigeria’s contribution to the United Nations Sustainable Goals (SDGs). To achieve this launch, Treepz partnered with FEMADEC Express
Meta XR Exhibition Features Nigerian, Kenyan And Mauritius Among 6 winners Meta has revealed its exclusive XR exhibition which featured Six finalists from the programme it dubbed “Future Africa: Telling Stories, Building Worlds.” The programme was targeted at supporting creators in Africa especially the next generation of XR (Extended Reality) creators. The program which was developed with the partnership of Africa
40 Digital Credit Providers Listed For Alleged Data Breach Offence By Kenyan ODPC The Kenyan Data Protection Commission (ODPC) has listed forty (40) Digital credit Providers (DCPs) in the East African nation over suspected personal data breach offences, among the listed are some of the racking DCPs in the country, including Branch and Tala. The allegation amounts to a serious offence, as a
Kenyan Agency Banking,Tanda, Raises Pre-series A Funding Tanda, an agency banking as a service provider in Kenya, is currently raising a pre-Series A round of funding to propel its customer acquisition and retention within Kenya and beyond, likewise its product development. Launched in 2018, Tanda gives shop owners access to inventory on credit while being an access
Business Sendy laysoff 20% of its Staff As It Changes Operations Kenyan logistics company, Sendy, has laid off more of its staff months after it had laid off 10% of its workforce, this was made known when the company revealed its decision to fully focus on fulfilment services and closed down its supply service. Reporters also made that confirmation as the
Business Ghanaian logistics, Swiftly, Seeks Funding for Expansion Swiftly, a Ghanaian logistics startup has built a reputation and a solid market presence for itself since it launched, now it is seeking capital funding to push its international expansion project. Launched in 2016, the logistics startup provides users access to compare statements from its network of shipment forwarders, book
Pillow Fund Launches Interest Generating Savings App in Nigeria Pillow Fund, an Indian crypto investment company, has made its new product service launching in Africa with Nigeria as its landing location. While making investments in well-supervised and actively managed DeFi methods or strategies, Pillow fund has given its users access to yield downside-protected interest on their digital assets. According
ALL Nigerian Winners Announced AT Mara Foundation 2022 "Hack the Mara" Hackathon Mara Foundation, an entrepreneurial philanthropy platform, that provides access to startups with access to international business leaders and mentors, has announced the winners of its 2022 “Hack the Mara” hackathon. Three teams were recognized and awarded. According to reports, their proposal was the most viable with the potential to promote
Business NTSA Gives 14 days Ultimatum for Taxi hailing transportation Licence A Fourteen (14) days ultimatum has been given by the Kenyan National Transport and Safety Authority (NTSA) to all digital taxi-hailing firms operating in the country to apply for the provided licence as Transport Network Companies. Recently there was a publication by the authority that publicized the Transportation Network Companies
Baobab Network Invests $50,000 into 4 Early Stage Startup Kenyan-based accelerator, Baobab Network, has just revealed its latest investment in early-stage tech startups across the continent. The accelerator revealed that its latest cohort had four investees, which received Fifty thousand US dollars ($50,000)in funding each. The Baobab Network has functioned as an accelerator for startups since 2019.
Business MEST Selects 6 Ghanaian startups for Its 3rd Acceleration Program Six Ghanaian startups have been selected by The Meltwater Entrepreneurial School of Technology (MEST), the startups were selected to be part of the 2022 MEST Express Accelerator experience. The selected startups include Africa Goodnest, Digital Health Access, Fluid Finance, Shaq Express, Sommalife, and Tiny Reusers. Meltwater Entrepreneurial School of Technology
Evaluation of Women-led Startups in Africa 2020-2022; Funding, Expansion, Growth All it takes is a Google search for “African Women Startups” and it’s like there is a buzz around them. Few results in the search will likely include “11 rising African female founders you should know, How these women founders raised millions in a male’s world, 40 outstanding
Safaricom Expands To Other Cities In Ethiopia Kenya’s leading telecommunications network, Safaricom, has extended its network coverage within Ethiopia. The fresh development comes as a large-scale user pilot in Gondar and Awoday metropolia of Ethiopia. Safaricom has now performed pilot tests in ten cities of the nation, which include Adama, Awoday, Bahir Dar, Bishoftu, Gondar, Debre
Ugandan Fintech, Numida Secures Pre-Series A Funding Ugandan fintech startup, Numida has announced its success in raising a pre-series A funding round of Twelve million three hundred thousand US dollars ($12.3 million), the funding will be targeted towards the startup’s expansion across the continent. Since its inception in 2017, Numidia has served as a platform
Business BNPL; Can You Really Eat Your Cake And Have It? BNPL in the past was called different names, credit cards, asset financing, rent to own, rent to buy, and many more. no matter the name it’s called it still means the same thing. The ability to purchase and immediately own an item and pay in instalments. The item can
Business Sendy Partners With Meta To Train Nigerian, Kenyan SMEs Sendy a commerce technology organisation has partnered with Meta technology company to bring training to entrepreneurs and SMEs in Nigeria and Kenya. The partnerships came via the innovation Growth Hub (IGHub), the training is meant to help these businesses scale. The SME targeted training is scheduled to hold from the
comiblock ComiBlock Secures Funding From California-Based Accelerator , Expert Dojo ComiBlock, a Nigerian investtech startup has secured funding from a California-based development accelerator, Expert Dojo, in other to scale. The amount raised is yet to be disclosed by the startup. Comiblock was launched in February of 2021, as a crypto divestment advisory platform. With the use of a smartphone, users
Agritech Farmerline Ghana Secures $1.5 million From Dutch Investor Farmerline, a Ghanaian agtech startup has recently secured equity funding of One million Five hundred thousand US dollars ($1.5 million) from Oikocredit a Dutch impact investor. This is Farmerline’s second closing in its pre-series round. The dutch investment brings the total raised fund at Fourteen Million, Four hundred
East Africa Nigerian Investors Petition Kenyan Court Over Frozen $11.8 million Over Two Thousand (2,000) Nigerian investors in Kenya have made a petition against the court to unfreeze the Eleven Million Eight Hundred Thousand ($11.8 million) US dollars that the court had ordered to be frozen. The amount in question is equivalent to one billion four hundred forty million
