Roam Launches Kenya's First Electric Mass Transit Bus Roam, a Kenyan-based electric vehicle company had launched its electric mass transit bus. This is one of its latest designs. The vehicle is built to create a solution to the challenges faced in the Kenyan public transportation sector and possibly the whole of Africa. Recently Roam had announced that it
WiSolar Launches Hybrid Prepaid Solar Platform,WiGo, In Nigeria and South Africa WiSolar, a renewable resource company based in South Africa, has launched its amalgam mobile application for both Andriod and iOS users dubbed WiGo. The mobile app that functions as a prepaid solar electricity application was launched both for Nigerian and South African users. The prepaid solar electricity applications are hybrid-built
Artificial Intelligence The Ouut Spotlights Medtech Africa, Nigerian Health-tech With Focus On Non-Communicable Diseases When American athlete and swimmer, Michael Phelps said, “The problem with heart disease is that the first symptom is often fatal,” he definitely knew that the heart would function till it can’t have it anymore, with no complaints, no notice, no symptoms till it is about to give up.
Accelerate TV Launches Video Streaming Application Dubbed Accelerate Plus Lagos-based digital television, Accelerate TV, has launched its video-on-demand streaming platform, Accelerate Plus, to provide viewers with entertainment content without being restricted to time or location, yet promised to be affordable. The streaming platform is created to be the pacesetter in evolving the African storytelling narrative. The platform is also
Business Nigerian Startup Sabi Expands To South Africa To Tap Into Informal Economy Nigeria’s e-commerce startup, Sabi, an unbiased business-to-business (B2B) platform has reportedly opened an office for its operation in the southern region of the continent. It is reported that the office was launched in Johannesburg, South Africa, the office was open with intentions to tap into the nation’s Nine
Business Cameroon's Taaply Raises $500,000 As It Releases New App Taaply, a Cameroon-based fintech that started off by digitalizing business cards, has been reported to have raised Five Hundred Thousand US Dollars. ($500,000) in funding. This serves as a double event as the startup has just announced the release of its latest Mobile Application, and Update on its website.
Business MDXi partners AMS-IX, signs MOU to launch Neutral Internet Exchange Services in Lagos, Nigeria One of the most substantial internet exchange organizations in the world, AMS-IX, has just signed a Memorandum of Understanding with MainData Nigeria Limited (MDXi) to scale the functions of internet exchange services in the continent. As part of its plans, AMS-IX is interested in initiating an internet exchange in Lagos,
Asia Netflix Scholarship Applications Now Open for West and Central Africa Netflix has just announced that its scholarship fund is now accepting applications from students in West and Central Africa. The scholarship fund, Netflix Creative Scholarship Fund, now encourages students in Benin, Ghana Garborn, and Nigeria. Netflix, an audio streaming platform, launched the global creative scholarship a year ago (2021) and
Afrilearn Launches Coding School, KidsCode, With 75% Price Slash For First Cohort Nigeria’s edtech startup, Afrilearn, has just launched a Two months kids coding cohort for children and young adults for which it tagged “Afrilearn KidsCode”. Afrilearn is a tech-enabled educational platform that provides Nigerian children with to access education that is not restricted by location. The educational contents and subjects
Business Kwik Launches All Its Services in Ibadan With 60 Minutes Delivery Time Promise One of Nigeria’s fastest-growing delivery platforms, Kwik, has just launched its platform in the nation’s third populated city, Ibadan. This information was announced today. The Kwik will be making its tools available for social vendors, Entrepreneurs, government bodies and merchants in the city. Kwik launches while guaranteeing a
B2B, E-commerce Platform, Omnibiz, Raises $15 Million Dollars In Pre-Series A Omnibiz, a Nigerian Business to Business (B2B) e-commerce platform has in recent times secured a per-Series A round fund. The fund in total is Fifteen Million Dollars ($15 million) of which Five Million ($5 million) is raised as equity and Ten million ($10 million) is raised as an investment deal
KOBO360 Wins Best E-Logistics Company Award In Kenya Digital Tech 100 Awards 2022, has just awarded one of Kenya’s e-logistics firms, KOBO360, as the best e-logistics firm in the nation. The Digital Tech 100 Awards is a distinguished platform that honours and recognizes estimable tech companies in the East African country who are developing amazing initiatives. Originating
Business Visa Establishes DRC Office With Intention to Revolutionize Digital Payment Visa, an international technology-backed payment processing company has announced its plans to set up local business operations in the Democratic Republic of Congo, (DRC) as it attempts to expand the offering of its digitally enabled payment services in the country. While Al Kelly, CEO and Chairman, of Visa, visited DRC,
Business Agrictech, iProcure Raises $10 Million Series B Funding iProcure, a Kenyan-based business-to-business (B2B) tech-enabled agricultural company, has raised the sum of Ten Million Dollars ($10 Million) in Series B funding. This was extended to help part of its plans launch to Tanzania. The round was led by Investisseurs & Partenaires, I&P, followed by British International Investment
Bolt Serves Only Corporate Customers In Tanzania As Operational Changes Occur Estonian ride-hailing company, Bolt, has stated that it will only it will only procure its services to corporate customers in Tanzania from henceforth. The company made announcement on Wednesday to mark its operational change. This action is coming in a bid to comply to some developments related to how the
Kenya's M-KOPA Signs Supply Agreement With Electric Vehicle Firm, Roam Kenya’s fintech and asset financing firm, M-KOPA, has just signed a supply agreement deal with Roam, a Kenyan-based electric vehicle company to enable M-KOPA customers to access electric motorbikes through an affordable payment plan. A few weeks ago, Roam announced that its electric motorbike was now available in the
Nigeria's Car-Pooling Startup, Hytch, Jumps Ship To Become B2B logistics. Nigeria’s car-pooling startup, Hytch, has decided to change its business model, from providing ride-hailing services to a B2B logistics company. Hytch has recently launched in May this year with the intention to provide users with a platform that enables them to share rides within the city. This model is
Kenya's E-Logistics Startup, Lori Systems, Receives Investments From Google Kenya-based e-logistics startup, Lori Systems has just received an undisclosed amount of investment from Google. Lori is a tech-enabled venture-backed Logistics company that coordinates haulage from across the frontier markets. This is Google’s third investment from its Fifty Millon Dollars ($50 million) investment fund which was announced by its
Verdant Capital Invests $10 Million Into Uganda's Fintech Watu One of Uganda’s leading Fintech companies, Watu, has just received a sole investment to the tune of Ten Million Dollars ($10 Million). The investment was solely raised by The Fund, a subsidiary of Verdant Capital Hybrid Fund. Watu is a financing company that is particular about financing two-wheeled vehicles
Nigeria's Pastel Raises $5.5Million To Expand Product Offering Nigerian bookkeeping startup, Pastel has just raised a Five Million-Five Hundred Thousand Dollars ($5.5Million) seed to expand the offerings of its product. Previously called Sabi Cash, Pastel was founded by Abuzar Royesh, Izunna Okonkwo, and Olamide Oladeji, in 2021. It is developed as a bookkeeping platform for merchants that
African Startups Selected for Future of Work Africa Accelerator Programme By Village Capital Village Capital in cooperation with Moody Corporation has just set in motion the second (2nd) edition of its accelerator programme dubbed Future of Work Africa. The programme has already selected about Forty-five African startups that target market-based and profit-building solutions in the employment and education sectors. The startups selected already
flutterwave Flutterwave Hires 200 Graduates For 12 Months Trainee Programme To Tackle Unemployment One of Africa’s leading financial technology companies, Flutterwave, has recently admitted about Two Hundred (200) Nigerian graduates into its graduate trainee programme, in a bid to tackle unemployment in the nation. It was reported that this development is part of the company’s mission to support the nation’s
Business Float Acquires Accounteer To Scale New Markets Ghanian fintech, Float, has just acquired a Nigerian cloud-based accounting platform. The platform was acquired fully but the amount is still undisclosed. Float makes this acquisition eight months after it was able to secure an investment of about Seventeen Million Dollars ($17million). The fintech is a cash management startup that
accelerator programme Kenya's Crypsense Digital Group Qualifies for Draper VeChain Web 3 Accelerator Programme Kenya-based digital asset development and management platform, Crypsense Digital Group, has been selected for the Draper VeChain Web 3 Accelerator Programme, with an opportunity for mentorship and assistance. Crysense Digital Group is a contrivance of the Africa Blockchain Centre, a startup at the Adanian Labs, one of the venture studios
Business SFS Launches Mobile App Platform To Ease Investment Activities One of Nigeria’s leading Investment firms, SFS Capital, is about to become tech-enabled as it launched its mobile application to help its customers and prospective continue or initiate their investment journey with ease. SFS Capital Nigeria Limited is one of Nigeria’s leading non-banking financial institutions. Launched in May
