B2MC
Startup

30 Startups Selected For Bridge To MassChallenge Nigeria (B2MC)

Thirty Nigerian startups have been selected by the National Information Technology Development Agency (NITDA) for the MassChallenge Nigeria (B2MC Nigeria). The

JumiaPay
Appointment Fintech Jumia

Adedamola Giwa Appointed to Lead JumiaPay

Adedamola Giwa has been appointed as the head of JumiaPay Nigeria, the digital payment platform Jumia. The new JumiaPay boss has over 17

SMEs

Kenyan Fintech IMFact Bags ≈$4m Funding From FSD Africa Investment to Boost Capital Supply to SMEs

IMFact, a Kenyan fintech startup, has secured a £3 million ($3.95m) investment from FSD Africa Investments (FSDAi), the investing arm

MAX
Funding Investment Mobility Venture Capital

Nigeria’s MAX Secures $31m Series B Led by Lightrock

Metro Africa Xpress (MAX), a Nigerian mobility tech startup, has raised a $31 million Series B funding to expand across

Payment

Uber, Paymob Partner To Expand Payment Options For Drivers And Riders in Egypt

Uber has announced its partnership with Paymob, an Egyptian digital payment service provider, to expand payment options on the Uber app. This

Ecobank Fintech Challenge
Fintech

Nigeria’s Trove Finance Wins 2021 Ecobank Fintech Challenge

Ecobank Group has named Trove Finance, a Nigerian stock investment startup, the winner of the fourth edition of the annual

Alitheia IDF
Private Equity Fund

Alitheia IDF Announces Final Close at $100m to Fund African Female-led Startups

Alitheia IDF (AIF), Africa’s first women-led and women-focused private equity fund, has announced the final close of the $100 million fund with

Startup
Government Startup

Nigeria’s Federal Executive Council Approves Startup Bill

Nigeria’s Federal Executive Council has approved the Nigeria Startup Bill. With this, the bill would be sent to the National

Edukoya
Edtech Funding Investment Venture Capital

African Edtech Startup, Edukoya Closed $3.5m Pre-seed led by Target Global

Edukoya, an African edtech startup, has raised $3.5 million in a pre-seed round led by Target Global. Angel investors including European

IT
Technology

How 2021 Has Shaped The Future of IT

Everyone, from software developers to school children, watched in awe as the world rapidly shifted online during the past two