NITDA
Regulation

NITDA Slams ₦10m Fine on SokoLoan For Privacy Invasion

The National Information Technology Development Agency (NITDA) has slammed a ₦10 million fine on Soko Lending Company Limited (SokoLoan), an online lending

CapitalSage
Fintech Funding Investment

Nigerian Fintech Firm, CapitalSage Secures $4m to Drive Growth Across Africa

CapitalSage Technology Limited, a Nigerian fintech firm, has raised $4 million in a Series 1 Private Company Notes (“PCN”) issuance, under

Funding Startup

Uncap Launches Innovative Funding Platform to Give Early-stage Startups Access to Capital

Application for funding is NOW open to registered limited companies in Kenya, Uganda, Rwanda, and Nigeria  Businesses seeking funding between

Health

Field Intelligence Expands into Eleven New Cities Across East and West Africa

Field Intelligence, the health tech startup that is digitising the supply chain and transforming access to essential, life-saving medicine, has

Jeel
Funding Investment Venture Capital

Jeel, an Egyptian Edutainment Startup Secures $1.2m Investment From Angel Investors

Jeel Platform, an Egyptian edutainment startup, has secured $1.2 million in seed funding from Kuwaiti and Jordanian angel investors. Jeel

Innovation Product Launch Technology

Africa Prudential Develops Cloud-Based Solution for Africa’s Hospitality Industry

Africa Prudential has demonstrated its digital capabilities, with the launch of “Aura by Transcorp Hotels”, an innovative commercial cloud-based product launched in the Nigerian market. “Aura

Entrepreneurship Social Entrepreneurship

Nigeria’s ThinkBikes, 4 Other African Startups Win Innovation Award For E-mobility Solutions Powered by Siemens Stiftung

ThinkBikes, a Nigerian e-bike sharing service, and four other African social enterprises in the field of electric mobility, have been

Lidya
Fintech Funding Investment Venture Capital

Nigerian Fintech Startup, Lidya Secures $8.3m to Expand its Digital Loan Services

Lidya, a Nigerian fintech and lending startup, has announced that it has raised $8.3 million pre-Series B funding round led

Daystar Power
Funding Renewable Energy

West African Solar Startup, Daystar Power Secures $20m Funding From IFC

Daystar Power, a provider of hybrid solar power solutions to businesses in West Africa, has announced the closing of a

Opera
Internet Messaging

Opera Launches Hype, an In-browser Chat Service For Opera Mini Users, in Nigeria

Opera has announced the launch of its dedicated chat service Hype, built into the Opera Mini mobile web browser, in