TGIF!!! 💃💃 How are you and do you plan to have a good time this weekend? If you need a reason to do so, check your calendar — this weekend is the last in the month. Yeah, we’ll soon be in December!
I can already smell the holidays, reader. 😊😊 I started watching Christmas movies two weeks ago to get in the spirit. And the last month of the year, I must say, does more to put you in the mood than anything else.
Do you want me to spell it out for you? Start making plans if you do not already have any for the holidays. 😏
Meanwhile, starting Tuesday, November 28, 2023, I will be on a week-long vacation. How can I unwind, in your opinion? For one, I’d like to spend time alone and also with a friend who I hope will be available. I eagerly await your response.
What does this mean? You’ll be seeing Chimgozirim and Bolu in your inbox next week. But, I am not leaving yet; you’ll still see me on Monday and Tuesday. In the meantime, enjoy your weekend. ☺️
Here's what I've got for you today:
- Fez Delivery wants to deliver products from the UK to Nigeria
- Brolly wants to offer Bolt drivers insurance
- 15 Nigerian businesses share Google's ₦75m Hustle Fund
Fez Delivery wants to ship products from the UK to Nigeria
Fez Delivery has launched its UK-Nigeria shipping service just weeks after announcing the launch of its FEZ ECO electric bikes.
Primarily, the company will focus on international shipping from the United Kingdom.
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The logistics company will enhance its delivery services in the UK market and streamline its operations with the help of this shipping service.
Fez plans to use the new logistics hub to also increase efficiency and provide customers with more rapid and reliable delivery services.
The company says it has built strong relationships with leading local suppliers, vendors, and delivery services in the UK, all of which have been essential to expanding its operational reach and fortifying its supply chain network.
Founded by Seun Alley (CEO), Fez Delivery, which raised $1 million in seed round in March 2023, optimises last-mile logistics pricing, reach, and delivery times.
Brolly wants to offer Bolt drivers insurance
After testing its pay-as-you-go auto insurance product with over 2,000 ride-sharing drivers, Brolly has partnered with Bolt to provide insurance coverage to Bolt riders in Ghana.
Drivers can pay premiums weekly or daily with the pay-as-you-go product. ans this partnereship enables Bolt drivers to access insurance via the ride-hailing app.
The Ghanaian insurtech startup says it offers fair pricing, convenient payment options, and hassle-free claims processes.
Underwritten by German financial services company, Allianz, Brolly pays a commission to Allianz from each policy sold through its platform.
According to Bernard Baah (Co-founder), Brolly selected Allianz because the company's presence in over 12 African nations matched its objective of expanding throughout the continent.
Sidebar Alert: In October 2023, Treepz, an African mobility startup, partnered with Octamile, an insurtech startup, to launch a vehicle insurance programme — Treepz Care — for guests and hosts.
15 Nigerian businesses share Google's ₦75m Hustle Fund
Google Hustle Academy has selected 15 Nigerian businesses to share the ₦75 million Hustle Academy Fund. This move comes after it graduated 5,300 SMEs.
The beneficiaries of the Fund, which does not demand an equity return, include Ifeoma Augusta Anselem of Rae's Clothing, Nafisa Abdulrazaq Sabo of Pinch N' Dash, John Samuel Andefiki of Kita Farm, Aminu Abdulkarim of A.A.K. Shoes, Anita Aletor of Rotela Business Synergy, and Ojo Femi Christopher of Foodlane Ventures.
Financial support, mentorship, and business tools will also be available to SMBs.
Informal retailing makes up over 50% of sub-Saharan Africa's total official GDP, according to a report by Euromonitor International, demonstrating the sector's broad significance.
The inability of small and medium-sized businesses to obtain financing is a significant barrier to employment, economic growth, and shared prosperity in sub-Saharan Africa.
There are 44 million micro, small, and medium-sized businesses in sub-Saharan Africa alone; nearly all are micro. These companies require access to funding to grow, add jobs, and boost the economy. But 51% of these essential companies need more capital than they can get.
Consequently, the Hustle Academy programme addresses particular challenges, including funding, offering tools and practical skills to support their growth.
In case you missed it
- Of shutdowns, layoffs and coups
What I'm reading and watching
- New Yorker who made Islamophobic comments to street vendor arrested for hate crime
- What Happened Before History? Human Origins
- The genes you don't get from your parents (but can't live without) - Devin Shuman
- Lawyers Hub has opened applications for its 2023 Startup Law Accelerator program. Apply here.
- If you are a female between the ages of 18 and 28 who lives in Africa and is interested in pursuing a career in cybersecurity, apply for the CyberGirls Fellowship by December 11, 2023 here.
- Apply for the Women Who Code fellowship by November 25, 2023 here.
- Do you live in Nigeria and work with a local or foreign company? Whether it's remotely, on-site, hybrid, full-time, part-time or as a freelancer, @TheIntelpoint is trying to understand the Nigerian workspace: how you work, and toxicity in the workspace among others. Please, fill out the questionnaire here.
- If you are a software engineer, creative designer, product manager, design researcher, or a techie looking for an internship role, please, check out this website.
Have a fun weekend!
Victoria Fakiya for Techpoint Africa.