MiKashBoks has selected the Nigerian market to pilot digitization of off-line peer and group savings and lending. With ongoing pilots now in Ghana and Sierra Leone, MiKashBoks is developed in response…
Nigerian edtech startup, uLesson, raises $7.5m Series A led by Owl Ventures
Nigerian learning tech platform, @uLessonApp is kickstarting 2021 on a high note. The startup has raised $7.5m in Series A, led by US-based Owl Ventures, bringing its total investments to $10.6m in ju…
6 Nigerian tech policies to watch out for in 2021
In 2020, many tech policies came into effect while others hung over different sectors’ heads. Here are some policies Nigeria’s tech industry players in logistics, fintech, and others should watch out …
DriveMe launches Nigeria’s first driver hailing platform
DriveMe, a fleet service provider in Nigeria, today, announced the launch of its driver hailing and driver training platform, which will allow car owners to access well trained and certified…
Nigerian freelance startup, TERAWORK is providing growth opportunities for African offline professionals
Three years ago, Femi Taiwo founded an online freelance startup, TERAWORK, after an unpleasant experience with a gig worker. The platform has evolved to now focus on digital and non-digital profession…
With privacy fears, yet numerous benefits, WhatsApp users face the Hedgehog’s Dilemma
A poll conducted to sample WhatsApp users’ opinions about jumping ship for privacy reasons shows that many people using the platform for business are not bothered. What may have influenced this?…
Social media shutdown in Uganda: The thin line between moderation and outright censorship
Following recent events, discussions about who should police social media use, and to what extent, have arisen again. We examine the primary reasons for moderation and consider when it becomes abuse.…
HostNowNow releases new staging server
HostNowNow is starting off the New Year with the official release of their staging server, which gives you an opportunity to test software, showcase your products and pre launch your web projects in a…
Ghanaian-based fintech startup, OZÉ raises $700k seed to drive growth for African MSMEs
OZÉ, the Ghanaian fintech startup founded in 2017 to help MSMEs with capital has raised $700k in seed funding. Anorak Ventures, Matuca Sarl, and Rising Tide Africa joined Ingressive Capital and MEST t…
Nigeria recorded $428 billion worth of e-transactions in 2020, 42% higher than in 2019
In what was quite an electronic year, 2020 data from the Nigeria Inter-Bank Settlement System shows that Nigeria recorded $13 billion worth of POS transactions and over $415 billion in Inter-bank tran…
Nigeria’s apex bank releases framework for fintech sandboxes, QR payments
Nigerian fintech startups to face new regulations as the Central Bank of Nigeria publishes updated regulatory frameworks for fintech sandbox operations and QR code payments…
Flutterwave remains the most valuable YC-backed African startup
US seed-stage accelerator, Y Combinator released its updated Top Companies list which includes companies with $150m+ in valuation. Flutterwave is the only African startup on the list despite Paystack&…
DEVRECRUIT- A tech-talent company developing Africa’s best skills for global impact
WRITEUPS – DevRecruit – Africa’s Talent for Global Impact. With over 2,500 tech-talents in their care since its launch in April 2020, DevRecruit started its operations within the first quarter of 2020…
With 17k users and $270k in GMV, Selar wants to build the passion economy of Africa
Selar is a Nigerian eCommerce tool that lets creatives and entrepreneurs sell their content. Founder and CEO, Douglas Kendyson tells us about the startup’s journey and how it is building Africa’s pass…
Kenya eyes $45 million in revenue as it implements digital services tax
Kenya’s tax regulator eyes millions in revenue as it implements digital taxes on local and foreign Internet companies and entrepreneurs pay a 1.5% tax on goods and services sold and offered online…
Why Nigerian fintech startup, TeamApt is changing business model and expanding across West and North Africa
Finding success with Monnify and Moniepoint, TeamApt has made plans to shift its focus from bank products to direct consumer and business-facing ones. Also, there are plans to expand across West and N…
What you should know as SEC plans to regulate Chaka, Trove, other investment-tech apps
In 2020, Nigeria’s Securities regulator sent a court order restricting investment platform, Chaka from offering or advertising stocks. The details of this move suggest it wants to regulate how every N…
African startups raised at least $1.3b in 2020, according to Briter Bridges
Investments went off to a flying start in Jan & Feb 2020 before fluctuating throughout the year. In the end, not less than $1.3b was deployed into African startups, and when M&A come into pl…
Taxmingo launches to make tax filing easy for small businesses
Taxmingo.com, an online tax consultancy firm focused on helping Nigerian SMEs take care of their taxes has launched in Lagos, Nigeria. Taxmingo hopes to leverage its cloud-based tax management solutio…
What investors must know before investing in bitcoin
source: nuwireinvestor According to coinmarketcap as of the time of writing this article, the current price of Bitcoin is $32,763. Sadly with all the potentials, which it has been showing, some …