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Chapa Digital Payment Launches In Ethiopia

Chapa Digital Payment Launches In Ethiopia

Chapa, an Ethiopian financial technology startup has launched, releasing its online platform developed as a payment gateway that gives businesses access to accept international payments from customers. The launched platform gives both businesses and organizations access to receive both international and local payments through any available payment method from anyone
Sep 12, 2022 1 min read
Kippa raises $8.4m in seed round
Funding

Kippa raises $8.4m in seed round

Nigerian financial management app, Kippa has raised $8.4 million seed funding to help small and mid-size enterprises (SME). This comes after the company acquired payment solution service license (PSSL) from the Central Bank of Nigeria to act as a Super-Agent to its 500,000 merchants across 774 local governments
Sep 12, 2022 2 min read
Touch And Pay To Make Continental Expansion For Cashless Implementation in Africa
Business

Touch And Pay To Make Continental Expansion For Cashless Implementation in Africa

Touch and Pay, Nigerian fintech, has revealed its intentions to expand its services to other African nations, a plan that will be executed with the Three Million US dollars (US$3 million) seed funding it recently raised. Touch and Pay was founded in 2019, and it has since developed a
Sep 12, 2022 2 min read
The Lwana sisters launch Lokshin WiFi to Provide low-cost Wi-Fi in Townships

The Lwana sisters launch Lokshin WiFi to Provide low-cost Wi-Fi in Townships

Three sisters—Kholeka, Tobeka, and Bongeka Lwana, have launched Lokshin WiFi, a low-cost wireless Internet service provider (WISP). The internet service provider which went live today is aimed at increasing connectivity in South African townships. WISPs are companies that offer point-to-point wireless Internet connections to customers, typically using Wi-Fi or
Sep 12, 2022 2 min read
Nigerian Fintech, Carbon, Celebrates 10 Years Anniversary
Business

Nigerian Fintech, Carbon, Celebrates 10 Years Anniversary

One of Nigeria’s leading fintech companies, Carbon, has clocked Ten (10) years of operations in the industry, promising to cause an evolution banking sector, with a focus on customer experience, which will make banking more flexible and ultimately accessible to customers. Initially, Carbon was founded as a digital lending
Sep 12, 2022 2 min read
Egyptian Medical Training Platform, 5 Quarters Raises Undisclosed Seed Funding
5 Quarters

Egyptian Medical Training Platform, 5 Quarters Raises Undisclosed Seed Funding

5 Quarters, an Egyptian medical training startup, has announced an undisclosed Seed investment from a Saudi angel investor to fuel its growth in both directions: horizontal growth by expanding its practice into Saudi Arabia, and vertical growth by adding new services to medical professionals, clinics, and hospitals. Mohamed Salah and
Sep 12, 2022 1 min read
Founder's Toolkit; 5 Major Skills You Must Possess As A Startup Founder
Business

Founder's Toolkit; 5 Major Skills You Must Possess As A Startup Founder

Don’t we all love the attention that comes after success? being in the spotlight, the centre of attraction, the praises that come with it, euphoria bursting out from within. This is the kind of feeling everyone covets, be it in a grand manner or just within a close circle
Sep 11, 2022 3 min read
How Agritech can Curb Food Loss in Africa
Agritech

How Agritech can Curb Food Loss in Africa

Ironically, most African nations imports agricultural goods that it is capable of producing. Nigeria, for instance, produces cocoa and cotton but buys textiles and chocolates from other nations. Experts have repeatedly emphasized the necessity of preventing food loss and wastage, urging the government at all levels and corporate investors to
Sep 10, 2022 5 min read
Bitmama closes pre-seed at $2m, allows surge in Africa’s cryptocurrency
Angellist Ventures

Bitmama closes pre-seed at $2m, allows surge in Africa’s cryptocurrency

Blockchain payment startup, Bitmama has raised additional $1.65m pre-seed fund bringing its total to $2m following its $350,000 initial pre-seed championed by Launch Africa Ventures, Unicorn Growth Capital, Adaverse and Flori Ventures in October 2021. The new round of investors included the ones from the initial pre-seed round
Sep 10, 2022 2 min read
HelpMum receives $250,000 grant to deploy AI-enabled Immunization in Nigeria
Funding

HelpMum receives $250,000 grant to deploy AI-enabled Immunization in Nigeria

HelpMum, a Nigerian healthcare social enterprise committed to reducing maternal and infant mortality rate in Africa has received a $250,000 grant from the Patrick McGovern Foundation to ensure the combination of artificial intelligence (AI) with its vaccination tracker. According to the founder, Dr. Abiodun Adereni, the fund will be
Sep 9, 2022 2 min read
Nexford University Receives $8M in Series A Round from Future Africa, Others to Expand
Future Africa

Nexford University Receives $8M in Series A Round from Future Africa, Others to Expand

Nexford University, a next-generation online university platform, has announced a Series A funding round of $8 million to expand into new markets, broaden the Company’s academic offerings, including career pathway programs, and improve its technology infrastructure. The Series A round which comes just a few months after the three-year-old
Sep 9, 2022 3 min read
South Africa’s Sole iStore Franchisee Acquires Stake in major Apple Reseller DigiCape
Apple

South Africa’s Sole iStore Franchisee Acquires Stake in major Apple Reseller DigiCape

The Competition Commission of South Africa has recommended that the Competition Tribunal allow ZA Online’s proposed acquisition of additional Shock Proof shares. ZA Online is the sole iStore franchisee in South Africa. Major Apple reseller, Digicape is owned by Shock Proof. Apple products from Digicape are available for purchase,
Sep 9, 2022 2 min read
Kippa Earns CBN's PSS Licence To Operate As Super Agent
Business

Kippa Earns CBN's PSS Licence To Operate As Super Agent

Nigeria’s Fintech Kippa, a platform that helps small businesses in Nigeria manage their financial books, and also functions as a payment platform, has received the Payment Solution Service Licence from the Central Bank of Nigeria, to function as a Super Agent. The Payment Solution Service Licence is under the
Sep 9, 2022 2 min read
Metaverse is not Web3

Metaverse is not Web3

Both literally and figuratively, the definition of the Metaverse is continually evolving. However, with tangible advantages already appearing for early adopter consumers and businesses, its potential to unleash the next wave of digital disruption seems to be becoming more and more obvious. Novel tactics can easily become standard practice, as
Sep 9, 2022 3 min read
6 Rwandan Startups Selected To Receive Google Funding

6 Rwandan Startups Selected To Receive Google Funding

The funding initiative for tech startups in Africa founded by Google has selected Six Rwandan startups qualifying to receive One hundred million Rwandan francs an equivalent of One hundred thousand US dollars ($100,000). On the 6th of September 2022, it was announced that Sixty African startups have been qualified
Sep 8, 2022 2 min read
In Nigeria, MultiChoice has no choice
Business

In Nigeria, MultiChoice has no choice

Africa’s leading entertainment company, MultiChoice, is left with no choice in Nigeria than to switch to a pay-per-view (PPV) billing model against its monthly fixed subscription. This tussle has been between the Federal Government in the country and MultiChoice since 2020 when the entertainment company rebuffed the proposed pay-as-you-go
Sep 8, 2022 7 min read
TikTok Partners Think WiFi to Launch free Wi-Fi hotspots in South Africa

TikTok Partners Think WiFi to Launch free Wi-Fi hotspots in South Africa

As part of a pilot program in South Africa, social media platform TikTok has partnered with provider of free public Wi-Fi, Think WiFi, to roll out 50 additional free Wi-Fi hotspots. The trial is anticipated to last six months, and the hotspots will be dispersed among Bushbuckridge in Mpumalanga, Gugulethu
Sep 8, 2022 1 min read
Kenya's Tala Gets Data Controller Approval

Kenya's Tala Gets Data Controller Approval

Kenya-based Fintech, Tala, has gained permission from Kenya’s Office of Data Protection Commissioner (ODPC) Tala can now perform duties as a data controller in the East African Nation. With this approval, the lending platform will be able to regulate the processing of confidential data, determine the objective of processing
Sep 8, 2022 1 min read
Waya Digital Bank Launches Cross Boarder Money Transfer Services.
Business

Waya Digital Bank Launches Cross Boarder Money Transfer Services.

Kenyan fintech startup, Waya, has launched its latest service. The US-based startup made it known that it now offers cross borders transactions which are targeted at serving African immigrants. Now, through the Waya App, users can digitally create their own bank accounts, make money transfers to other Waya account holders
Sep 8, 2022 2 min read
British International Investment, to Inject $100M into the Egyptian Startups Ecosystem
British International Investment

British International Investment, to Inject $100M into the Egyptian Startups Ecosystem

British International Investment (BII), the UK’s development finance institution (DFI) and impact investor, has announced plans to invest $100 million in Egyptian startups throughout its current strategy. The DFI, formerly known as CDC Group, also reaffirmed its commitment to strengthening its partnership with Egypt and increasing climate finance to
Sep 8, 2022 1 min read
Zim CyberCity: Inside Zimbabwe’s Plan to Build A $500 Million CyberCity

Zim CyberCity: Inside Zimbabwe’s Plan to Build A $500 Million CyberCity

There are many conflicting meanings associated with the term “CyberCity.” To handle its vital infrastructure more effectively and efficiently, any city that systematically incorporates cutting-edge modern information technology into its entire functionality would be considered a CyberCity. The resultant environment is a well-run, clean city with intelligent, hard-working citizens, a
Sep 7, 2022 3 min read
Google Shortlist 60 African Tech Startups for its Black Founders Fund cohort II
Black Founders Fund cohort II

Google Shortlist 60 African Tech Startups for its Black Founders Fund cohort II

Google has shortlisted 60 eligible black-founded startups across Africa for its second cohort of Google for Startups Black Founders Fund (BFF) for Africa. The participating startups will receive a total of $4 million in funding and support to help them to scale up their ongoing work. Each of the selected
Sep 7, 2022 2 min read
Opeoluwa Filani becomes Nigeria’s first Showmax General Manager
BBNaija

Opeoluwa Filani becomes Nigeria’s first Showmax General Manager

South African video streaming platform, Showmax has appointed Opeoluwa Filani as its General Manager – to lead its operations in Nigeria. Showmax was launched in South Africa on August 19, 2015 as a subsidiary of MultiChoice Group, a satellite television that operates DStv and GOtv – known for prioritising local contents and
Sep 7, 2022 1 min read
Mekan Games’ The President inspired by ex-American President
Africa

Mekan Games’ The President inspired by ex-American President

Kenyan Developer, Evans Kiragu and his team at Nairobi-based video gaming company, Mekan Games developed a game called The President in November 2021 that now has markets in the US. This was fulfilled during a training co-hosted by mobile games developing company, Crazylabs and play and earn South African company,
Sep 7, 2022 2 min read
Zipline Logistics Commences Commercial Delivery Packages In Kaduna Nigeria

Zipline Logistics Commences Commercial Delivery Packages In Kaduna Nigeria

Zipline, the acclaimed operator of the world’s most extensive automated delivery system, has begun operations in Nigeria as it now delivers medical commodities in Kaduna state. Using aerial vehicles also known as drones, the instant logistics company dispatches medical items to health institutions and facilities within the state of
Sep 7, 2022 2 min read
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