| Date | Title | Description |
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| Oct 23, 2023 | CEE Tech Companies Find Gold in Africa’s Developer Talent | Zagreb, Croatia ~
Company:
Albeit with a lesser-known tech landscape compared to the likes of the US and Western Europe, during the last decade, Africa has surprisingly become one of the top destinations for seeking developer talent for com... |
| Feb 27, 2023 | Providing healthcare for less than a dollar: An insight into WellaHealth’s journey | Expanding health insurance coverage in Nigeria and easing access to quality and timely healthcare services.
Africa faces significant health challenges, topping the chart of undiagnosed diabetes and accounting for most global malaria mortali... |
| Nov 22, 2022 | #I4GHACKFEST: Tech is the only sector that allows you to come as you are – Odunayo Eweniyi | Over the past decade, Nigeria’s tech scene has shown impressive growth. By passing through several tech waves, the industry has gone from obscure and undervalued to the country’s fastest-growing sector.
During the pandemic, young Nigerians ... |
| Oct 31, 2022 | Nigerian tech CEOs that stepped down in 2022 | Bringing an idea to life is commendable. This resilience and innovation of many Nigerian founders are some reasons for the exponential growth of the country’s tech ecosystem in recent years. But as the tech ecosystem grows in value, so do i... |
| Oct 19, 2022 | Nigerian retail automation platform Bumpa raises $4M, led by Base10 Partners | Millions of small and medium businesses still operate inefficiently due to dependency on manual processes, which limits their capacity to grow and scale; this is despite contributing to about 48% of Nigeria’s GDP in the last five years,
But... |
| Aug 29, 2022 | After 10 years, Jumia is more than an eCommerce company | Over the past decade, the tribulations of MallforAfrica, Konga, or Payporte have served as a reminder that companies can and do disappear. The thriving companies of today are not the same as those of yesterday.
Fifty-four percent of African... |
| Aug 16, 2022 | AFRINIC loses legal battle in Mauritius’ highest court | In late July, the Supreme Court of Mauritius ruled against Africa’s regional internet registry (AFRINIC) by striking out an attempt to have a recent lawsuit brought against the organization dismissed in court. In rebuffing the motion, the S... |
| Jul 30, 2022 | This Week: Kenya threatens Facebook with suspension | Plus: Hackers want ShopRite to pay for its customers’data.
Editor’s Note
Week 30, 2022
Read time: 5 minutes
In a week-plus, Kenyans will go to the polls in what stands to be one of the most anticipated elections in Africa this year. As elec... |
| Jul 28, 2022 | Flutterwave responds to statement by Central Bank of Kenya’s Governor
The Central Bank of Kenya says Flutterwave and Chipper Cash are unlicensed | Editor’s note: This is a developing story that TechCabal will update as we receive more information.
A few hours after yesterday’s news report was published, Flutterwave shared a statement with TechCabal via email.
In a statement shared wit... |
| May 19, 2022 | [PODCAST] Tax evasion in Nigeria to get harder | Share this article:
Taxation is not a subject that Nigerians want to talk about, but the Federal Inland Revenue Service (FIRS) is about to make it unavoidable. Using the National Identification Number (NIN), the organisation wants to track ... |
| Apr 14, 2022 | Is Flutterwave’s CEO guilty of insider trading or not? | Share this article:
Hello there,
Yesterday, I incorrectly stated that Flutterwave is Africa’s most valuable company.
But per African Financials’ March 2022 market report, South Africa’s multinational telecommunications company, MTN Group, i... |
| Mar 29, 2022 | Meta in Kenya’s elections | Share this article:
Emmanuel here,
The Central Bank of Nigeria (CBN) has what I can only deem a penchant for mind-boggling policies. In the past year, it has placed a limit on International transactions when using a naira card, and it keeps... |
| Mar 11, 2022 | Chuuse Launches Software School, Partners SchoolOnAir To Upskill Millions Of Developers In Africa. | Chuuse, a Nigerian-based Talent-as-a-Service platform has launched Software School in partnership with SchoolOnAir to train 15 million Africans over the next 5 years.
A 2021 report by Africa Developer Ecosystem, released by Google and Accen... |
| Feb 22, 2022 | From celebrated platforms to fraud claims: Why Nigeria’s agric crowdfunding fintechs came crashing down | “It was all going fine until days before my scheduled payout,” says Biodun*, who in May 2020 and through reQuid had invested ₦250,000 in a joint venture for rice production in Kebbi and Sokoto states, Nigeria. The promise was to get a 28% r... |
| Feb 16, 2022 | Inside NVIDIA plans to develop Africa’s AI ecosystem | Artificial intelligence (AI) and related technologies have the potential to inspire growth and solve problems in Africa, yet Africa still struggles to get itself into the conversation.
This is concerning because AI relies on data, and when ... |
| Nov 22, 2021 | Nigerian fintech Abeg faces its biggest test yet after blitzscaling to millions of users | On October 3, “Big Brother Naija,” a reality show sponsored by Nigerian social payments company Abeg, came to a rapturous close after 72 days on air.
The show, which commenced on July 24, is the most popular and most-watched reality show in... |
| Nov 12, 2021 | Technext to host Coinference 2021: Africa’s biggest cryptocurrency gathering! | Share this article:
Tech media organisation, Technext has announced its maiden event, Technext Coinference 2021. The event will provide a visible platform for key players in the African blockchain tech ecosystem and crypto enthusiasts to di... |
| Nov 12, 2021 | Technext to host Coinference 2021: Africa’s biggest cryptocurrency gathering! | --> -->
Tech media organisation, Technext has announced its maiden event, Technext Coinference 2021. The event will provide a visible platform for key players in the African blockchain tech ecosystem and crypto enthusiasts to discuss ... |
| Nov 2, 2021 | Nigeria to the world: Why it took Affiong Williams 9 years to raise $3m for ReelFruit | Share this article:
What is the first step you take when you want to launch a new business idea? Tell a mentor? Save up some capital? Find an investor?
For Affiong Williams, founder and CEO of ReelFruit, it was leaving her comfortable job i... |
| Sep 13, 2021 | Nigerian legaltech startup, Definely raises £2.2 million funding round | --> -->
Nigerian-led legal technology startup, Definely has announced a £2.2 million funding round
The funding round was led by Microsoft’s venture fund, M12, and supported by CRE Venture Capital. This funding brings the startup’s tot... |
| Aug 12, 2021 | How Adia Sowho helped steer Thrive Agric through the pandemic crisis | Nigeria’s less than two-decade-old ecosystem is evolving fast. But behind the funding and legitimate hype, there’s without a doubt plenty of learning that needs to be done in running a startup.
In retrospect, founders in Nigeria do tremendo... |
| Aug 11, 2021 | Jumia to increase tech talent by 40% and partners with largest state-owned bank in Egypt | Yesterday, African eCommerce giant, Jumia, reported its earnings for the second quarter of 2021. Here are the major takeaways from the report. Change in functional currency
Notably, Jumia had always reported its financial performance in eur... |
| Aug 9, 2021 | Nigeria-based mobility fintech, Moove raises $23 million Series A | Share this article:
Nigeria-based auto-financing startup, Moove has announced a $23 million Series A to build a full-service mobility fintech that democratises vehicle ownership across Africa. The round was led by global VC, Speedinvest and... |
| Aug 6, 2021 | MVX’s seed round, Cellulant’s Ghana licence, Revio’s seed round | Share this article:
Good day,
Today, I’m discussing:
MVX’s $1.3 million seed round
Cellulant’s licence approval in Ghana
Revio’s $1 million seed round MVX raises $1.3 million
MVX team. Source TechCrunch
Nigerian digital freight company, MVX... |
| Aug 3, 2021 | Kuda Bank’s Series B, Catalyst Fund’s fintech programme, MTN Nigeria’s new execs, Payhippo in Y Combinator | Share this article:
Good day.
Today I’m discussing:
Kuda Bank’s Series B
Catalyst Fund’s fintech program
MTN Nigeria’s CMO
Payhippo in Y Combinator’s Summer cohort Africa-focused digital bank, Kuda, raises $55m Series B
The Kuda Card
What’s... |
| Jul 28, 2021 | Ato Bentsi-Enchill is helping African startups raise capital and protecting them from difficult investors | To understand how Ato Bentsi-Enchill started investing in startups, let’s rewind to 2014.
He was a first-year liberal art major at Hobart and William Smith Colleges who won the school’s flagship business plan competition. The business idea ... |
| Jul 26, 2021 | One of Nigeria’s high profile angel investors is launching a fund for African startups | Olumide Soyombo is one of the well-known active angel investors in Nigeria tech startups and Africa at large. Since he began angel investing in 2014, Soyombo has invested in 33 startups, including Stripe-owned Paystack, PiggyVest, and TeamA... |
| Jul 13, 2021 | What Nigeria should expect as M-KOPA appoints former SafeBoda Country Head as General Manager | Share this article:
Kenyan asset-financing company, M-KOPA, has appointed Babajide Duroshola as General Manager. This is coming a month after he resigned as former Country Head for SafeBoda — Uganda-based bike-hailing startup — in Nigeria, ... |
| Jul 12, 2021 | Ex-SafeBoda executive Babajide Duroshola joins M-KOPA to lead expansion into Nigeria | On June 18, Babajide Duroshola, ex-Country Head, SafeBoda Nigeria, stepped down from his role two years after taking the job post-Andela.
Less than a month later, the executive has found a new role as General Manager in Kenyan company, M-KO... |
| Jul 8, 2021 | Meet getlion™️ – the one-stop app aiming to close SA’s entrepreneurship gap | “We believe that entrepreneurs are the answer to Africa’s greatest problems,” states Mathew Marsden, co-founder and CEO of fintech startup getlion™️. “At getlion, we’re building the go-to platform for African entrepreneurs that aims to crea... |
| Jul 8, 2021 | Meet getlion™️ – the one-stop app aiming to close SA’s entrepreneurship gap | “We believe that entrepreneurs are the answer to Africa’s greatest problems,” states Mathew Marsden, co-founder and CEO of fintech startup getlion™️. “At getlion, we’re building the go-to platform for African entrepreneurs that aims to crea... |
| Jul 1, 2021 | NIN-SIM linkage extended, Eswatini shuts Internet down, Zeepay raises $7.9M Series A and South Africa’s crypto regulation timeline | Share this article:
Good day,
Today, I’m discussing:
Nigerian government postponing NIN-SIM linkage deadline
Eswatini’s Internet shutdown
Zeepay’s Series A funding
South Africa’s crypto regulation timeline. NIN-SIM linkage deadline postpone... |
| Jun 11, 2021 | Increase in fintech app installations, Apple Health new features, Plentywaka partners with GUO | Share this article:
Good day,
Victoria here.
Today, I’m discussing
Increase in fintech app installations
Apple Health features for the elderly
Plentywaka partners with GUO Increase in fintech app installations in Nigeria, South Africa, and ... |
| Jun 1, 2021 | World Milk Day, Chipper Cash raises $100m, Lori Systems’ new CEO, YouTube’s latest update | Share this article:
Happy World Milk Day!
Joy here, Today, I’m discussing
Chipper Cash’s series C funding
Lori appoints Uche Ogboi as new CEO
The rollout of YouTube’s terms of service in countries outside the US
World Milk Day is an interna... |
| May 28, 2021 | Celebrating the kids, Crypto withdrawal on PayPal, Facebook hiding Likes, Twitter Spaces arrives Web | Share this article:
Good day,
Oluwanifemi and Bolu here. Today we’re discussing: What tech is doing for African kids Crypto withdrawal on PayPal Facebook’s plan to hide Like counts Twitter Spaces available on web browsers with new features ... |
| May 20, 2021 | 5G deployment in Nigeria faces further roadblocks as Senate calls for suspension | Share this article:
On Wednesday, May 19, 2021, the Nigerian Senate asked the federal government to suspend plans to deploy the 5G network pending a six-month investigation into possible health risks associated with the technology.
This dev... |
| May 20, 2021 | UPDATED: 5G deployment in Nigeria faces further roadblocks as Senate calls for suspension | Share this article:
[UPDATE on June 20, 2021 at 23:24 WAT]: We have confirmed that the Nigerian Senate did in fact approve plans to deploy 5G after the presentation of the report by the Joint Committee on Communications, Science and Technol... |
| May 5, 2021 | Rabawa, Africa’s First Social and Video Commerce, secures $163,000 from Aptive Capital | Africa’s first social and video commerce platform, Rabawa, announced today that it has raised $163,000 from Aptive Capital, a VC firm in USA that is focused on supporting early stage startups. RABAWA’s social and video commerce solution off... |
| Apr 30, 2021 | Global Q1 2021 earnings, Airtel Africa new CEO, Rabawa raises $163k | Share this article:
Good day,
Oluwanifemi and Emmanuel here. Today we are discussing:
A slew of Q1 2021 reports
Airtel Africa’s new CEO
Rabawa raises $163k On Q1 2021 earnings reports
Photo by Micheile Henderson on Unsplash
It is almost imp... |
| Apr 27, 2021 | BBNaija and tech startups, 2 decades of Nigeria’s telecoms, Kidato raises $1.4m | Share this article:
Good day,
Oluwanifemi and Emmanuel here. Today we are discussing:
BBNaija Season 6 headline sponsor
Mobile telecommunication landmarks in Nigeria
Kenyan edtech, Kidato $1.4m seed round Tech startups and BBNaija
Source: F... |
| Apr 26, 2021 | Low insurance penetration in Africa: Tech to the rescue? | Share this article:
Good day,
Múyìwá here.
Last week, TechCabal reported Malian insuretech startup, OKO’s $1.2m seed round. With a presence in Mali and Uganda, OKO now looks to expand to other African countries, starting with Côte d’Ivoire.... |
| Apr 22, 2021 | We’ve come a long way, but there’s still so much to do | Share this article:
Good day,
Oluwanifemi and Emmanuel here.
On Wednesday, April 20, 2021, Nigerian fintech startup, Okra, closed a $3.5 million seed round almost a year (I checked, it’s six days short of 365 days) after raising $1 million ... |
| Apr 20, 2021 | Nigeria’s $155b e-transactions, ride-hailing drivers strike, Andela’s global expansion | Share this article:
Good day,
Oluwanifemi and Emmanuel here. Today we are discussing:
Nigeria’s $155 billion e-transactions in 2021
Uber, Bolt drivers strike in Lagos
Andela’s global expansion Nigeria’s $155b e-transactions in 2021
Photo by... |
| Apr 12, 2021 | Of double whammies and hacked blockchains | Share this article:
Good day,
Múyìwá here.
Not much of note has happened in African tech since two Egyptian VC firms announced raising a combined $160m, and Nigerian fintech startups got a double whammy from the SEC and then the CBN. So thi... |
| Apr 9, 2021 | The hidden costs of NCC’s suspension of SIM registration | On Wednesday evening, *Femi, the owner of a last-mile delivery service in Lagos sent me a text; “is there any way I can get a SIM card? I have been trying for weeks.”
With no SIM cards, he cannot move forward with his plan to extend his com... |
| Apr 9, 2021 | Making sense of Nigeria SEC’s stance on online investment platforms | Share this article:
Good day,
Múyìwá here.
Nigeria’s Security and Exchanges Commission (SEC) published a memo yesterday, affirming that it is illegal for ‘unregistered’ online investment platforms (OIPs) to sell foreign stock to Nigerians.
... |
| Mar 30, 2021 | Visa accepts crypto, Kenyan fintech’s expansion plans, XTC for Africa | Share this article:
Good day,
Oluwanifemi and Emmanuel here. Today we are discussing:
Visa’s move to accept crypto
Kenyan fintech, Tanda’s funding round
Extreme Tech Challenge (XTC) for African startups Visa now accepts crypto payments
US-b... |
| Mar 29, 2021 | Techpoint DC Summit recap, Uber vs Kobo360, Mobile Money up 65% | Share this article:
Good day,
Múyìwá here. Today’s discussion
A quick recap of Techpoint DC Summit
Uber and Kobo360 continually poaching executives from each other
The global rise of Mobile Money Inaugural TechpointDC Summit: It’s a wrap!!!... |
| Mar 25, 2021 | Africa is ripe with enough innovation to finance its future | Share this article:
Good day,
Oluwanifemi and Emmanuel here.
If anything would increase a country’s chances of attaining economic independence, it is financial inclusion. With access to financial products and services, citizens can quickly ... |
| Mar 22, 2021 | YouTube and ‘Mushin Toys’, 2 more Nigerian startups going global | Share this article:
Good day,
Múyìwá Mátùlúkò here. Today, I am exploring
What do YouTube, African startup culture and DIY culture have in common? (Hint: not much).
YC-backed Nigerian startups going global Of YouTube and ‘Mushin Toys’
Over ... |
| Mar 9, 2021 | Watch out Jumia Food, Bolt is launching a food delivery service in Nigeria | The Estonian mobility startup, Bolt, is making a play for food delivery in Nigeria and at the moment, is trying to hire a business and sales manager for that arm of its business.
In a job ad seen by TechCabal, Bolt stated, “we are launching... |
| Mar 2, 2021 | MTN Nigeria’s 2020 earnings, Ghana’s fintech sandbox, Foreign investors in 2020 | Share this article:
Good day,
Oluwanifemi and Emmanuel here Today we are discussing:
MTN Nigeria releases 2020 earnings
Opera’s Q4 2020 earnings
Bank of Ghana launches regulatory sandbox
Nigeria owes 71% of startup funding in 2020 to foreig... |
| Feb 23, 2021 | Frisco VC firm makes three investments with $1M fund | Investment firm Aptive Capital launched last year with the mission of supporting “emerging global talents and entrepreneurs.” Now, it’s following through on that with three new investments in African startups.
After putting out a call last ... |
| Feb 23, 2021 | NIN and COVID-19 spike, Spotify plans Africa entry, healthtech funding up 404% | Share this article:
Good day,
Oluwanifemi and Emmanuel here Today we are discussing:
The sickening cost of NIN registrations
Spotify’s play for Africa
Increased funding for healthtech, eCommerce 2020 NIN: Nigeria ravaged by COVID-19
On Dece... |
| Feb 22, 2021 | Nigeria's Crypto Ban Fuels Mistrust in Government | Nigeria is committed to building its digital economy, but the central bank’s recent cryptocurrency prohibition counteracts this goal and fuels mistrust of the government.
"Governments and businesses all over the world are realizing the... |
| Feb 18, 2021 | Safaricom’s Ethiopia licence, Nigerian IoT startup’s demise, Another cleantech fundraise | Share this article:
Good day,
Oluwanifemi and Emmanuel here Today we are discussing:
Ethiopia’s telecom licence bid
Ghana’s plan to reduce data costs
The fate of IoT hardware startup, Grit systems
SunCulture’s $11m fundraise Safaricom short... |
| Feb 4, 2021 | Wikipedia’s Africa impact, Bundle’s $85m transactions, Safaricom 2020 earnings, Nigeria’s Internet subscriptions | Share this article:
Good day,
Oluwanifemi and Emmanuel here Today we are discussing:
Twitter takes on Substack
Wikipedia’s growing African communities
Bundle blows past $85 million in transactions
Safaricom’s decent year, MTN continues domi... |
| Jan 25, 2021 | Serial entrepreneurs winning, use cases for crypto in Africa, ₦900m e-ticketing platform | Share this article:
Today we are discussing:
Serial entrepreneurship in West Africa
Exciting use cases for cryptocurrency in Africa
Nigeria’s new railway e-ticketing platform Serial entrepreneurs stay winning in West Africa
Sim Shagaya (Fou... |
| Dec 3, 2020 | Fawad Chaudry launches Huawei’s revolutionary “IdeaHub” in Pakistan | Fawad Chaudhry, the Federal Minister for Science and Technology, just launched the Idea Hub. The IdeaHub is a revolutionary product by Huawei that is set to change the way projectors are used everywhere around the world.
The Idea Hub b... |
| Nov 5, 2020 | The Big 5 Daily | Hey Techies,
We have freshly juiced gists on today’s edition of the Big 5 Daily.
Karl Olutokun Toriola will take over as the CEO of MTN Group on the 1st of March 2020. He has worked for MTN Group in various capacities in the last 14 years. ... |
| Nov 5, 2020 | The Big 5 Daily | Hey Techies,
It’s time for another edition of the Big 5 Daily gists. Enjoy a good read.
By January 2021, Ecobodaa will launch the first electronic motorbikes in Nairobi, Kenya. The drivers will be able to enrol in a “lease-to-own credit mod... |
| Oct 8, 2020 | The BackEnd: How M-KOPA convinces Kenyans and Nigerians to buy smartphones in installments | The BackEnd explores the product development process in African tech. We take you into the minds of those who conceived, designed and built the product; highlighting product uniqueness, user behaviour assumptions and challenges during the p... |
| Aug 30, 2020 | The Big 5 Daily: 27th August 2020 | Hey Guys,
It’s time for the Big 5 Daily gists.
Did you know that global smartphone sales declined year-on-year by 20.4%? Amongst the top five global smartphone vendors, Samsung had a 27.1% decline year-on-year, Xiaomi had 21.5%, OPPO had 15... |
| Aug 20, 2020 | Getting a National ID card takes up to 4 years in Nigeria: going digital will not solve the problem | In Nigeria, attempts at creating a National ID card dates back to 1986. After several decades and millions of dollars, the government is now looking to take the process digital
In Nigeria, getting any accepted means of identification can be... |
| Aug 6, 2020 | Nigeria’s new broadcasting code ends content exclusivity and raises fine for hate speech | “In the broad national interest, exclusivity of sporting rights in Nigeria is prohibited,” is section 6.2.8 of amendments to the sixth edition of Nigeria’s broadcasting code (PDF).
The code goes ahead to state in 6.2.5 that “rights owner to... |
| Aug 4, 2020 | Nigeria’s bike-hailing wars didn’t take off in Ibadan but SafeBoda is making some progress | In March, SafeBoda launched in Ibadan ,Nigeria. At the time, I wrote that Ibadan was set to be the next front for Nigeria’s bike hailing wars. But the Kings of Blitzkrieg marketing, OPay pulled out of the space, and seemed to take all the e... |
| Jul 30, 2020 | Nigeria moves to regulate its logistics sector, but new requirements threaten all players | In June, Safeboda celebrated 100,000 rides in Ibadan. It was a reminder to mobility players in Lagos of what might have been. And now new regulations may also see small logistics companies struggle.
On Saturday, July 25, hundreds of concern... |
| Jul 20, 2020 | Seller is the little known player taking on Flutterwave and Paystack for social commerce | In June 2020, Paystack launched Paystack commerce and became the latest company in the fintech space to roll out a social commerce product in the last six months. Flutterwave joined the party in May.
Both companies caught the headlines. But... |
| Jul 15, 2020 | The Big 5 Daily: 13th July 2020 | Hi guys,
We bring to you a fresh edition of the Big 5 Daily.
Mastercard and FASTA launched FASTACard, the first virtual credit card in South Africa. FASTA cardholders have a 16-digit card number, security code and expiration date to process... |
| Jun 29, 2020 | The Big 5 Daily: 17th June, 2020 | Hello,
It’s time for today’s Big 5 Daily!
Enjoy!
Big news! PayGo an energy startup company based in Kenya is expanding to Asia. The startup is leveraging its partnership with the Japanese company, Saisan to foster cross border operations to... |
| Jun 24, 2020 | My Life in Tech: Abimbola Adebakin on activating the potency of Nigeria’s pharmaceutical industry through technology | My Life In Tech is putting human faces to some of the innovative startups, investments and policy formations driving the technology sector across Africa.
Since 2017 when Advantage Health Africa launched its first venture, the organisation h... |
| Jun 23, 2020 | The Big 5 Daily: 23rd June, 2020 | Hello, there
The Big 5 Daily is served!
Drum roll! StarTimes Media has signed an MOU with the Association of African Universities (AAU) to scale access to higher education. The deal will allow StarTimes stream educational videos on diverse ... |
| May 22, 2020 | The Big 5 Daily: 15th May, 2020 | Hello,
The weekend is here and so is the Big 5 Daily!
Enjoy!
Big news! Facebook is set to connect 23 African countries, Europe and the Middle East with a 37,000-kilometer undersea cable. Dubbed the 2Africa Project, the project aims to offer... |
| May 12, 2020 | The Big 5 Daily: 4th May, 2020 | Welcome back from the Weekend!
Here’s your Big 5 Daily!
Big news! Ghana has launched the Ghcovid19 symptom tracker app. The app will be a means for Ghanaians to check for COVID-19 symptoms.
Similarly, Flutterwave a B2B fintech company based... |
| May 6, 2020 | The Big 5 Daily: 30th April, 2020 | Hello!
It’s time for the Big 5 Daily!
Leggo!
Big news! 54gene, a biotech company based in Nigeria has unveiled a mobile laboratory in Ogun State. The company is leveraging the lab to scale the country’s COVID-19 testing capacity.
Next, TikT... |
| May 5, 2020 | Software talent company, Andela, lays off 135 staff across 4 countries | Share this article:
Pan-African software engineering talent startup, Andela, just announced that it has laid off 135 staff across four countries it operates in.
This was made known to more than 1,300 staff in seven countries — Egypt, Ghana,... |
| May 1, 2020 | The Big 5 Daily: 23rd April, 2020 | Hello,
It’s a brand-new edition of the Big 5 Daily!
Leggo!
Big news! PalmPay, an Africa-focused fintech startup has launched a ₦100 million COVID-19 payout fund. The startup will waiver transfer fees for Nigerians and also offer an individu... |
| Apr 29, 2020 | Video conferencing battle intensifies, as Google offers free access to Google Meet | Share this article:
Google has announced today, that it is opening up Google Meet, its premium video-conferencing service, to any Google user.
Google Meet was previously limited to only G-Suite business and education users. However, from Ma... |
| Apr 22, 2020 | The Big 5 Daily: 22nd April, 2020 | Hello Techgist Lover,
Welcome to your Big 5 Daily Cruise
Have a smooth sail!
Drum roll! Yoco, a financial platform for small businesses based in South Africa has unveiled a collection of online payment solutions for SMEs. The solutions (Pay... |
| Apr 22, 2020 | The Big 5 Daily: 20th April, 2020 | Hello there,
Welcome to a fresh edition of the Big 5 Daily!
Enjoy your read
Big news! The International Finance Corporation (IFC) is investing $20 million in private equity (PE) fund manager. The fund will support North African companies li... |
| Apr 21, 2020 | The Big 5 Daily: 15th April, 2020 | Hi, There!
The Big 5 Daily cruise is here!
Enjoy!
Drum roll! 54gene has secured $15 million round from Adjuvant Capital. The fund will be used to scale its genome data bank.
Next, the Central Bank of Kenya is terminating access to credit re... |
| Apr 15, 2020 | How Nigeria is handling interruption in school activities | Share this article:
Globally, one of the sectors disrupted by the effect of the ongoing pandemic is education. Specifically, students and teachers have been adversely impacted, especially since affected countries had to declare the closure ... |
| Apr 14, 2020 | The Big 5 Daily: 9th April, 2020 | Hello!
The Big 5 Daily is ready!
Enjoy!
Big news! The European Union is providing over €20 billion for Asian, African, Latin American and Balkans. The fund will be used to combat the COVID-19 pandemic.
Next, Airtel Nigeria has announced its... |
| Apr 7, 2020 | Lockdown highlights Zimbabwe’s desperate dependence on foreign remittances | The Reserve Bank of Zimbabwe (RBZ), the country’s central bank, will allow money transfer agencies to operate during the coronavirus lockdown. The move became necessary after households complained of the crushing effect of being cut-off fro... |
| Apr 6, 2020 | Africa Tech Roundup | Hello Fam!
Here is another edition of the Africa Tech Roundup.
This week, the African Development Bank launched a $3 billion post-COVID-19 support fund for Africa. The fund is for alleviating the economic and social impact of the global pan... |
| Apr 6, 2020 | The Big 5 Daily: 30th March, 2020 | Hello Monday!
It’s another edition of the Big 5 Daily!
Big news! The African Development Bank (AfDB) secured $3 billion in a three-year bond. The fund will help boost the economic and social impact of Africa’s economies and livelihood after... |
| Apr 6, 2020 | The Big 5 Daily: 6th April, 2020 | Hi Guys,
Welcome to the new edition of the Big 5 Daily!
Enjoy the cruise!
Big news! A report by the GSMA has revealed that Sub-Saharan Africa gained 50 million new mobile money accounts in 2019. This development retained the region’s status... |
| Apr 3, 2020 | The Big 5 Daily: 3rd April, 2020 | Hello!
Welcome to the weekend edition of the Big 5 Daily
Leggo!
Big news! Chinese tech giant Huawei has donated two ultramodern Video Conference Facilities to Ghana’s Ministry of Health. The donation aims to help Ghana fight the COVID-19 pa... |
| Apr 2, 2020 | The Big 5 Daily: 1st April, 2020 | Hello!
The Big Daily is here!
Enjoy your read!
Big news! SMS marketing platform, Mobiz has secured $1 million pre-series round. The South Africa-based platform secured the funding from Kalon Venture Partners.
Next, Uber has halted its servi... |
| Mar 27, 2020 | The Big 5 Daily: 27th March, 2020 | Hello!
It’s the weekend edition of the Big 5 Daily!
Enjoy!
Drum roll! 54gene, a health and biotech startup based in Nigeria, has secured $500,000. It aims to leverage the funding towards scaling Nigeria’s capacity in testing for the COVID-1... |
| Mar 27, 2020 | The Big 5 Daily: 26th March, 2020 | Hello,
Are you ready for the Big 5 Daily?
Enjoy!
Big news! WHO is partnering Microsoft, Facebook, Twitter, WeChat, TikTok, etc. for the #BuildforCOVID-19 hackathon. The hackathon will be a means for startups and techies to develop software ... |
| Mar 24, 2020 | The Big 5 Daily: 24th March, 2020 | Hello,
It’s the Big 5 Daily!
Leggo!
Big news! Jack Ma has sent important kits that will help African countries combat the Covid-19 virus. The entrepreneur giant sent 1.1 million test kits, 6 million face masks and 60,000 protective suits to... |
| Mar 20, 2020 | The Big 5 Daily: 20th March, 2020 | Its Friday!
Excited? Here’s the Big 5 Daily!
Guess What? The third edition of the MEST Africa is here! The annual MEST Africa challenge aims to award its winners with $50000 equity investment. It is open to startups across, Nigeria, Ghana, ... |
| Mar 20, 2020 | Social distancing and the coronavirus outbreak in Nigeria; what’s the bigger picture? | Share this article:
It is no longer news that in December 2019, the world woke up to the report of a novel viral infection, coronavirus (COVID-19), with its first case reported in China’s Wuhan territory. The upper respiratory tract virus h... |
| Mar 13, 2020 | The curious case of Apple’s interest in Nigeria | Share this article:
Late in February 2020, Apple announced an opening for the role of country leader in Nigeria to oversee sales and business development. When eventually taken, this will be the next interest in an African country-based off... |
| Mar 11, 2020 | Nigerian identity verification startup Youverify raises $1.5m | Nigerian identity verification startup Youverify has raised a $1.5-million seed investment round. The round was led by Orange Digital Ventures Africa.
Tech publication TechNext reported in an article yesterday that Loftyinc Afropreneurs Fun... |
| Mar 11, 2020 | The Big 5 Daily: 11th March, 2020 | Hello,
The Big 5 Daily is here!
Leggo!
Big news! Nigeria’s Senate Committee on Judiciary, Human Rights and Legal Matters have held the public hearing for its Social Media Bill. The public hearing which had 62 representatives across civil so... |
| Mar 11, 2020 | Nigerian identity verification startup Youverify raises $1.5m | Nigerian identity verification startup Youverify has raised a $1.5-million seed investment round. The round was led by Orange Digital Ventures Africa.
Tech publication TechNext reported in an article yesterday that Loftyinc Afropreneurs Fu... |
| Mar 10, 2020 | Nigerian startup, Youverify raises $1.5 million and is looking to solve Africa’s identity verification problem | Nigerian identity verification startup, Youverify has raised a $1.5 million seed round. The round was led by Orange Digital Ventures Africa (ODV), a $57 million investment vehicle that targets Africa and the Middle East. Loftyinc Afropreneu... |
