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Startups

African Energy Chamber Launches New Women Initiative to celebrate and empower women in the energy sector

To mark the International Women's Day,The African Energy Chamber launched -The African Women Business Energy Network initiative to celebrate and empower in the women in the energy sector. The African Women Business Energy Network (AWBEN) is a platform created to advocate for women towards career...

Tech

VENCO secures $670,000 to digitize facilites management across Africa

VENCO, a Nigerian digital solutions firm that manages collections, service charge administration, utilities vending, visitor access and other services associated with multi-unit property developments, has secured $670,000 in an oversubscribed pre-seed funding round to scale its technology platform across...

Guides

The Truth About Blockchain for Online Gambling

Blockchain technology has introduced decentralized gambling, which is just a small fraction of its potential to change the world. The gambling industry is now using this technology in more areas than just payments, where we have Bitcoin and other...

Guides

Join KuCoin Cryptocurrency and trade 700+ Cryptocurrency Coins with KuCoin

You can trade 700+ Cryptocurrency Coins with KuCoin. You can even convert Solana Sol to USD and trade Shiba Inu Shib Coin. To join KuCoin cryptocurrency exchange, you must first register. After registering, enter your email address and verification...

Guides

5 Tips To Improve Clinical Data Quality

Data is an indispensable enterprise asset particularly in the field of healthcare. Healthcare advancements and discoveries are all founded on well-researched data. Without data, medical treatments may still be stuck in the past, resulting in poor patient prognosis rates....

Motoring

Aston Martin raises £650m as Saudi Arabia becomes its 2nd biggest shareholder

Aston Martin has turned to equity funding to help pay down debts as well as fuel investment in future products The automaker is attempting to raise £650 million ($770 million) and has secured Saudi Arabia's sovereign wealth fund, known as...

Social media

TIKTOK launches Kenyan General Elections Hub In-App as part of Its Peace Safety Initiative

TikTok has today launched product features and completed in-market activities to support its vision to help its community access factual and authoritative information about the Kenyan general elections ahead of 9 August. These efforts are part of TikTok's commitment...

Startups

TLcom Capital appoints FirstCheck Africa’s Eloho Omame to reach more pre-seed startups with its $150mn pan-African tech fund

TLcom, the Africa-focused venture capital firm, has appointed Eloho Omame as a Partner, bolstering its capabilities as it ramps up deployment of TIDE Africa Fund II, its new $150mn pan-African tech fund. As well as focusing on the firm’s...

Startups

Thepeer, an API-based startup raises $2.1M for product development

Thepeer, an African tech infrastructure startup connecting businesses’ wallets, has raised a $2.1 million seed round led by the Raba Partnership. Participating investors in Thepeer’s seed round include Rali_cap Ventures, Timon Capital, BYLD Ventures, Musha Ventures, Sunu and Uncovered Fund....

Apps

How assistALL App is helping Sign Language Interpretation In Kenya

Signs Media Kenya Limited has unveiled an app known as assistALL, the first mobile phone app to offer sign language interpretation services. The App was officially launched in April and has since been used in various sectors for instance higher education, healthcare, judicial system,...

Fintech

Visa launches fintech innovation hub in Africa to co-create payment & eCommerce solutions

Just days after Microsoft launched its Garage innovation hub in Nairobi, Visa followed suit with a new Innovation Studio, its first dedicated innovation site in Sub-Saharan Africa (SSA) to serve the sub-Saharan Africa region. The hub joins a network of...

Business

Visa launches sub-Saharan innovation hub in Kenya to accelerate technological innovations

Visa, a global digital payments firm has opened an innovation studio in Kenya that is aimed at accelerating technological innovations in the sub-Saharan region. The studio was officially opened by Dr. Patrick Njoroge, the Governor of the Central Bank of...

Tech

Elon Musk Is Considering Developing A New Social Media Network

Elon Musk, the CEO of Tesla Inc, said in a tweet on Saturday that he is "seriously considering" developing a new social networking platform. Musk was replying to a Twitter user's inquiry on if he would consider creating a social media network based on

Startups

Smile Identity Launches Enhanced Document Verification in Africa, Europe and North America

Smile Identity, the identity verification provider, has launched Document Verification, its new product set to enable businesses to accept and verify 142 ID types across 100 countries in Africa, Europe, and North America for KYC and user onboarding. Document Verification...

Cybersecurity

Cyberthreats during Russian-Ukrainian tensions: what can we learn from history to be prepared?

Guest post by Chester Wisniewski, a principal research scientist at next-generation security leader Sophos. With Russian troops amassing on the border with Ukraine and distributed denial of service (DDoS) attacks sporadically disrupting Ukrainian government websites and financial service providers, there...

Tech

Nigeria to lift Twitter ban if firm sets up local office & pays taxes

In June, the Federal Government of Nigeria suspended Twitter operations in Nigeria two days after Twitter temporarily froze the Nigerian president’s official account for allegedly violating its “abusive behavior” policy. At the time, the Federal Government said the platform was...

social media

Twitter Is Testing The Addition Of A Label That Will Appear Alongside Bot Account Names

So that users no longer have to guess which accounts are automated bots and which are run by humans at keyboards,

Startups

Here are the 4 Nigerian startups selected for the inaugural Endeavor ScaleUp programme

The inaugural cohort of the 10-week Endeavor ScaleUp Program, which aims to support high-impact business leaders through mentorship, fundraising support, partnerships, and a strong peer network, has been selected, with four Nigerian startups among them. Endeavor is a global community...

Co-Working

Aidi Africa partners with AWS to Accelerate African Businesses

Aidi Africa, an African venture builder run by its portfolio manager Tolulope Obademi, has partnered with Amazon Web Service’s Activate to accelerate early-stage African startups to investor-ready status. In past months, Aidi Africa has provided support, through its angel syndicate,...

Startups

Releaf, Bankly, wallets.africa & BFREE founders to participate in new Endeavor ScaleUp Program

Seven entrepreneurs from four Nigeria-based start-ups have been selected to participate in the program in a move that will see them receive tailored support and fresh, honest, and in-depth feedback that will help them scale to the next level. The...

Guides

Generational Marketing: How to ensure your brand lands with the right audience

Did you know that, contrary to what one might think, older age groups are the fastest-growing segments of many social media platforms’ audiences? Facebook, for example, saw users above the age of 65 increase by roughly 25% over the...

Startups

Nigeria’s Opay raises $400 million led by SoftBank at a $2 billion valuation

OPay, a Chinese-backed fintech company with a focus on Africa, raises $400 million in new funding led by SoftBank Vision Fund 2, valuing it at $2 billion. Existing investors Sequoia Capital China, Redpoint China, Source Code Capital, and Softbank Ventures Asia...

Tech

Kaspersky report indicates that 29% of corporate users in Kenya have experienced malware attacks in the first half of 2021.

Although Kaspersky's research shows that the overall number of financial malware attacks in Kenya decreased in the first half of 2021 when compared to the same period in 2020, 29.3 percent of the 7 962 attacks recorded in the...

Startups

Smile Identity secures $7 million in Series A funding to expand its online identity verification service for Africans.

Smile Identity has raised $7 million in Series A funding to make it easy for Africans to prove their identity online, by unifying ID verification and KYC compliance infrastructure across Africa. Costanoa Ventures co-led the investment with pan-African venture firm...

Gaming

Mobile Gaming Continues to Soar Despite the Ongoing Health Crisis

The COVID 19 pandemic may have been a huge hurdle to many industries but this doesn’t seem to be the case for the mobile gaming sector. When the pandemic started last year, there were plenty of reports that showed...

social media

Why Has Trump’s Facebook Account Been Banned For Two Years?

Facebook Inc said that former US President Donald Trump’s Facebook and Instagram accounts will remain suspended for at least two years

Startups

Goodwell Investments launches a $60 million fund for entrepreneurs in Africa

Goodwell Investments, an Amsterdam-based investment firm with investments in Copia, MFS Africa, Good Nature Agro, Tomato Jos, and Nomanini has today launched a $60 million investment fund for entrepreneurs in Africa. Dubbed Goodwell V, the fund will channel capital from...

Startups

Autochek accepted into Endeavor to enhance auto trade & auto finance across Africa

Autochek has been accepted into Endeavor's global entrepreneur network to enhance auto trade and auto finance across Africa through mentorship from trusted mentors, drawn from Endeavor’s extensive network of over 4,000 mentors across the world. Endeavor selects, mentors, and accelerates...

Startups

Omidyar Network’s $300 Million Fintech VC Fund Flourish Ventures Launches in Kenya

Flourish Ventures, a global fintech venture capital firm and arm of Omidyar Network, launched 2 years ago with a $300m war-chest has opened a new office based in Nairobi to help its investment team better serve entrepreneurs across Africa...

Startups

Nigeria’s Termii raises $1.4M seed for North African expansion

Termii, a Nigerian platform-as-a-service startup has raised a $1.4 million seed round for North Africa expansion starting with Algeria with plans to expand its messaging offerings across Africa. The round of funding was co-led by Future Africa and Kepple Africa Ventures...

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