Last year, Pan-African incubator, MEST Africa invested $1.1 million in its Class of 2019. For this year’s class however, only seven startups out of 15 will receive the incubator’s $100k cheque.…
How Gozem transitioned from a motorcycle-hailing platform into a super app in two years
In 2018, Emeka Ajene and Raphael Dana started Gozem as a motorcycle-hailing platform. Two years later, with more than 500k users in Togo and Benin, it’s making a swift transition to a super app: their…
Nigeria opens portal for $193 million MSME, startup payroll support fund
The Nigerian government has kicked off another phase of its economic sustainability plan as it opens registration portal to support MSMEs, startups with salary payments …
How Ghanaian-based biometric startup, BACE Group is tackling identity theft in Africa
Africans face a major challenge with identity management. Addressing this with tech, Ghanaian-based BACE Group devised a face-recognition API to prevent identity theft and promote financial inclusion…
Winners Emerge at the Lagos Smart Meter Hackathon, as Sanwo-Olu Takes Giant Strides towards Affordable Electricity
Winners have emerged from the 3 days finals of Lagos Smart Meter Hackathon organized by the Lagos State Ministry of Energy & Mineral Resources, in collaboration with Eko Innovation Centre. The win…
Nigeria’s economic recovery plan and a million-dollar bet on renewable energy
Nigeria’s apex bank has earmarked loan facilities of up to $1.3 million to provide energy in rural areas. However, in the broader context of Nigeria’s economic recovery plan, it raises a few questions…
Enyata wants to build a sustainable community for African software engineers
With a wealth of experience at Andela and other tech companies, Oyelade Oladayo built Enyata to groom and converge tech engineers to grow an Engineering as a Service (EaaS) business.…
RxAll enters the Founders Factory Africa programme, to access about $40k in funding
Founders Factory Africa (FFA) has announced that it has selected RxAll, a Nigerian healthtech startup, into its Venture Scale programme. The startup will have access to up to $300k in funding and supp…
Earn up to 5,000 NGN just by signing up on Binance.com
Discover a good earning opportunity for all Nigerians. Sign up for an account on Binance.com, the world’s largest digital asset exchange, today and you’re one step closer to this bonus! As technology …
Nigerian API fintech, Mono, raises $500k pre-seed, wants to build Plaid for Africa
Founded two months ago, Nigerian API fintech startup, Mono, has raised $500k in pre-seed funding from Lateral Capital and Ventures Platform among others. It will be used to expand the team and scale t…
Facebook is opening its second African office in Lagos, Nigeria
Five years after opening a physical office in South Africa, Facebook has decided to open an office in Lagos, Nigeria, the first in Africa to house a team of local tech talents. This is to become opera…
A path to growth and scale: Two sides of a coin for startups
For interchangeable words thrown around a lot, one would think growth and scale mean the same thing. We take a look at how they differ and inflection points that make them similar.…
Why Nigeria wants financial account holders to submit self-certification forms
The Nigerian government has ordered entities and individuals to submit self-certification forms to their respective financial institutions. A closer look shows a deep play for billions in offshore tax…
How Zimvest is leveraging technology to demystify wealth creation for individuals, HNIs and corporate clients
Digital Wealth Management Firm, Zimvest (Zedcrest Investment Managers) sets to make investing stress-free for Nigerians through its self-service wealth management platform. A Securities and Exchange C…
The Social Dilemma: Africa’s the next big market for attention selling business
Many schools of thought may beg to differ, but the Internet is one of the best things to happen to humans. We discuss if Africa can quickly address the problems exposed by Netflix’s documentary,…
Blockchain: The tool that can help Africans build the next Facebook, Google
As Africa witnesses what could be termed a revolution in the cryptocurrency sector, Eric Annan, CEO of KuBitX makes a case for more Blockchain-based innovations that could birth the next Facebook or G…
Using technology to tell stories: A discussion with Joel Kachi Benson
At Techpoint Build 2020, Joel Kachi Benson, producer and director of the award-winning VR documentary, Daughters of Chibok, spoke about VR as a tool for telling African stories. Here’s what he had to …
Nigerian regulator amends crowdfunding regulations, resolves only few pain points
Nigeria’s Securities regulator has released a number of changes to its crowdfunding regulations. Though a few changes have been made, issues raised by industry players remain unsolved. But there…
WhatsApp wants you to have the mobile experience on your PC with new features
WhatsApp is reportedly testing some features on its web version, one of which allows voice and video calls. While it is not yet in the beta test, it is expected to be developed and rolled out soon…
