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KuCoin Wallet Officially Rolls Out its Chrome Extension
Business

KuCoin Wallet Officially Rolls Out its Chrome Extension

KuCoin Wallet, a secure and simple-to-use crypto wallet powered by the KuCoin ecosystem, has officially launched a Chrome Extension with vastly enhanced security technology and architecture, ensuring the security of user assets across multiple dimensions and safeguarding the Web3 experience. Even as the crypto industry grows and user demand diversifies,
Nov 2, 2022 4 min read
Twitter CMO Adds to the Growing No. of Executives Leaving Since Musk Happened
Elon Musk

Twitter CMO Adds to the Growing No. of Executives Leaving Since Musk Happened

Twitter CMO, Leslie Berland is the latest to quit Twitter, adding to the growing number of top executives that have left the social networking company since Elon Musk completed the $44 billion controversial acquisition of Twitter last Thursday, according to Bloomberg and the New York Times report.  Bloomberg also writes
Nov 2, 2022 1 min read
Pan-African digital rights agency, Paradigm Initiative files lawsuit against NITDA 
Digital rights

Pan-African digital rights agency, Paradigm Initiative files lawsuit against NITDA 

Paradigm Initiative (PIN), an agency connecting youths to digital opportunities as well as preserving digital rights, has petitioned the National Information Technology Development Agency (NITDA) in court. This is following a series of back-and-forth by PIN to ensure the updated code endorsed by the IT agency is re-evaluated. NITDA, in
Nov 1, 2022 2 min read
Pick n Pay to Adopt Cryptocurrency Payment at all its Grocery Stores
Business

Pick n Pay to Adopt Cryptocurrency Payment at all its Grocery Stores

Pick & Pay is expanding its cryptocurrency offering, enabling customers to use cryptocurrencies to pay for groceries at 39 of its locations countrywide. The retailer has been experimenting with cryptocurrency payments for a number of years. It stated in a statement on Tuesday that it intended to introduce the cryptocurrency
Nov 1, 2022 2 min read
Cloud computing company, Amazon Web Services opens office in Lagos
Amazon Web Services

Cloud computing company, Amazon Web Services opens office in Lagos

Leading cloud computing company, Amazon Web Services (AWS) has launched its office in Lagos, Nigeria, making its second entry into Africa after Johannesburg, South Africa in 2017. The announcement by the company today is channelled towards accommodating its customer base in the country. This development will ensure teams of AWS
Nov 1, 2022 2 min read
Tymebank Gets Green Light to Buy Retail Capital

Tymebank Gets Green Light to Buy Retail Capital

The Competition Tribunal announced yesterday that it had unanimously cleared TymeBank’s acquisition of fintech SME funder, Retail Capital, in order to strengthen its business banking capabilities. TymeBank, which is owned by African Rainbow Capital (ARC), announced in August that it has struck an agreement with Retail Capital and its
Nov 1, 2022 2 min read
Sproutly, a Nigerian Digital Banking Platform in the Final Top 5 in 2022 MEST Africa Challenge
MEST Africa

Sproutly, a Nigerian Digital Banking Platform in the Final Top 5 in 2022 MEST Africa Challenge

Sproutly, a Nigerian-based digital banking and tuition financing platform for teens and students, has been chosen, along with four other African tech startups, to advance to the grand finale of the 2022 MEST Africa Challenge pitch competition. According to MEST Africa, the tech startups that will compete in the grand
Nov 1, 2022 3 min read
Twitter to Lay Off 25% Of Workforce in First Round of Job Cuts

Twitter to Lay Off 25% Of Workforce in First Round of Job Cuts

In its initial round of layoffs, Twitter intends to let go of 25% of its workers. The social networking platform currently employs about 7,000 people, with just under 2,000 people making up 25% of the workforce. After the $44 billion takeover was completed, Elon Musk sacked key executives
Nov 1, 2022 2 min read
Payhippo, Nigeria’s Credit-led SME Fintech Startup is Acquiring Maritime Microfinance Bank
Business

Payhippo, Nigeria’s Credit-led SME Fintech Startup is Acquiring Maritime Microfinance Bank

Payhippo, Nigeria’s credit-led SME fintech, has today announced its proposed acquisition of Maritime Microfinance Bank (MFB), a financial institution specializing in saving products, demand deposits, and investments as well as micro and SME loans. The acquisition is subject to the Central Bank of Nigeria’s approval, and both parties
Nov 1, 2022 2 min read
Huawei Reaffirm Intentions to Support Digital Transformation in Morocco

Huawei Reaffirm Intentions to Support Digital Transformation in Morocco

Huawei, a Chinese technology firm has restated its comment to promote technology evolution in North Africa, Morocco. The company intents to provide a varying range of technological tools and services to both public and private sectors in the country. there are also plans to train the nation’s indigenous talents,
Nov 1, 2022 2 min read
Eskom to Deploy Renewable Energy to Aid in South Africa’s Power Crisis

Eskom to Deploy Renewable Energy to Aid in South Africa’s Power Crisis

Renewable energy projects are at the core of the efforts being made by struggling power company Eskom to boost capacity and fill the gap in South Africa’s electricity supply. The troubled state-owned corporation (SOC) stated last week that it is concentrating on putting all of its projects into action
Nov 1, 2022 2 min read
Techstars Toronto 2022 T5 Cohort, Nigerian Startups Reps Africa with all Six Selected Startups
Tech Startups

Techstars Toronto 2022 T5 Cohort, Nigerian Startups Reps Africa with all Six Selected Startups

Techstars, a global investment and innovation platform and one of the world’s largest pre-seed investors with a diverse portfolio ranging from HealthTech and FinTech to Web3 and CleanTech; from Miami and Silicon Valley to Lagos and London, has announced the selection of six Nigerian tech startups to participate in
Nov 1, 2022 3 min read
EMPG Seures $200 Million In Investment Round
Business

EMPG Seures $200 Million In Investment Round

The operator of major online classifieds platforms, EMPG, has raised Two Hundred Million US dollars ($200 Million) in an investment round. This tech company functions across emerging markets with targets in MENA (Middle East and North Africa), Southern and Southeast Asia. EMPG owns major platforms across the MENA and especially
Nov 1, 2022 1 min read
EdTech, Classera, Raises $40 Million Series A Round

EdTech, Classera, Raises $40 Million Series A Round

E-learning platform, Classera, has raised a Series A round of Forty Million US dollars, ($40 million). this is considered one of the major raises in the EdTech niche. PIF’s Sanabil Investments led the round, while Global Ventures, Seedra Ventures, Endeavor Catalyst, Sukna Venture, and 500 Global participated in the
Nov 1, 2022 1 min read
Car Subscription Startup, Invygo, Has Raised $10 Million In Series A Round

Car Subscription Startup, Invygo, Has Raised $10 Million In Series A Round

Car subscription and mobility startup, Invygo, has recently raised a Series A funding round of Ten Million US dollars ($10 million). This new raise will assist the startup with its expansion plans, as it intends to expand its market offering. The round was led by the  Middle East Venture Partners
Oct 31, 2022 2 min read
Nigerian proptech, SmallSmall raises $3 million seed round to expand across the country
proptech

Nigerian proptech, SmallSmall raises $3 million seed round to expand across the country

Founded in 2018 by Tunde Balogun, Naomi Olaghere, and Pidah Tnadah, SmallSmall, formerly called RentSmallSmall, was established to enable monthly payments for renters. This started as a result of the disappointment of the CEO, Balogun, having arrived from the UK to Nigeria where he was unable to find Landlords that
Oct 31, 2022 2 min read
Tunga Uganda Sponsors 40 Youth Football Coaches to 5-Day Training With Experts

Tunga Uganda Sponsors 40 Youth Football Coaches to 5-Day Training With Experts

As part of its social development activities and constant effort to provide avenues to aid African talents, Tunga Uganda, a staff augmentation company for software developers, has revealed that it recently supported about 4o Uganda coaches, through sponsored training. The training which was taught by an expert dutch coach, Kevin
Oct 31, 2022 2 min read
iKhokha Wins International Innovation Award for its iK Tap on Phone Innovation
Business

iKhokha Wins International Innovation Award for its iK Tap on Phone Innovation

Top honors were awarded to the Durban-based fintech business iKhokha at the Dubai-based Mastercard EMEA EDGE Conference. iKhokha received recognition for its most recent product, iK Tap on Phone, and its effects on SMEs all around South Africa by winning the prestigious Accelerating Digital Acceptance in Africa award. According to
Oct 31, 2022 2 min read
The Ouut Spotlights Startups Improving the Saving Culture of Africans
Alat

The Ouut Spotlights Startups Improving the Saving Culture of Africans

Becoming financially responsible is a goal people all over the world struggle with. Whether they belong to the informal class, earning very little to carter for their needs or the formal class earning enough to be financially spontaneous. While traditional banks have lacked the depth needed to curb the temptations
Oct 31, 2022 4 min read
UM6P and EPFL Partner to Organize ‘Applied Machine Learning Days’ in Morocco
AMLD Africa

UM6P and EPFL Partner to Organize ‘Applied Machine Learning Days’ in Morocco

UM6P, the famous Mohammed VI Polytechnic University, and the Swiss Federal Institute of Technology in Lausanne (EPFL) are co-organizing the African edition of the Applied Machine Learning Days (AMLD) from November 3 to 5, at UM6P in Benguerir, as part of its efforts in leading the digital transformation of the
Oct 31, 2022 1 min read
M-PESA Soon To launch "M-PESA Go", Feature For Minors
Business

M-PESA Soon To launch "M-PESA Go", Feature For Minors

Recently, one of  Kenya’s leading mobile banking services, M-PESA, announced that there are plans in motion to launch its platform for juniors and minors. Although this development has not been launched yet, the company reveals that the delay occurs because of the Central Bank of Kenya (CBK),  as the
Oct 31, 2022 1 min read
#StartupSouth To Hold 7th Edition In Port Harcourt

#StartupSouth To Hold 7th Edition In Port Harcourt

The annual startup event, #StartupSouth, will take place on the  10th and 11th of November, 2022, at the Novotel Hotels in Port Harcourt, Nigeria. This will be the event’s seventh edition. This year’s program focuses on ways to unite the regions’ status within the international space. “Remotely Global:
Oct 31, 2022 2 min read
MoneyFellows, Egyptian FinTech Startup, Secures $31M Series B Round for Expansion
CommerzVentures

MoneyFellows, Egyptian FinTech Startup, Secures $31M Series B Round for Expansion

MoneyFellows, an Egyptian fintech startup has secured $31 million in Germany’s CommerzVentures, Middle East Venture Partners, and Kuwait’s Arzan Venture Capital-led series B round to accelerate its exponential growth by diversifying its portfolio of services and expanding its product offerings across the B2C & B2B verticals, as well
Oct 31, 2022 3 min read
Touch and Pay Announced as Winner of Ecobank Fintech Challenge, Gets  $50,000

Touch and Pay Announced as Winner of Ecobank Fintech Challenge, Gets $50,000

Touch and Pay, a Nigerian fintech startup, has been announced as the winner of the Ecobank Fintech Challenge, 2022 edition. This announcement was made by the Ecobank Group. The event was personally presided over by the  Minister of Digital Economy and Transformation, Republic of Togo, H.E. Cina Lawson, hosted
Oct 30, 2022 2 min read
Safaricom deploys 5G commercial launch in Kenya, debuts network in East Africa
Daily

Safaricom deploys 5G commercial launch in Kenya, debuts network in East Africa

Largest telecommunications provider in Kenya, Safaricom, has rolled out its 5G Wi-Fi network in the country making it the first in the East African region. This comes after its announcement in March 2021 where it stated it has activated its service in Nairobi, Kisumu, Kisii and Kakamega. According to the
Oct 28, 2022 2 min read
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