Most warehouses in Uganda are underutilised, leaving owners in dire situations. Two brothers, Daniel Emaasit and Tobias Tukei faced this problem from childhood and by founding Logistify AI, they hope …
Lawrathon offers Nigerian startups tailored legal services on a subscription basis
When running a startup, legal and accounting matters can bore you to death. Meet Lawrathon, a Lagos-based legal tech startup willing to take care of your legal needs so you can concentrate on your sta…
Uka Eje on how Thrive Agric is positioning itself for success in the midst of a crisis
From delayed payouts to raising money for thousands of farmers, Techpoint had a chat with Thrive Agric CEO, Uka Eje, to understand how the agritech startup has remained bullish this period.…
Ghanaian healthtech startup, mPharma, raises $17m in new funding round
Led by the CDC Group, Ghana’s mPharma has secured $17 million that will see it expand its offerings in five countries. At the same time, it has appointed ex-CVS president, Helena Foulkes to its …
Forbes8 launches digital startup accelerator, calls for applications
Forbes8 virtual accelerator will welcome 100 top companies from Nigeria. Founders selected for the programme will undergo 4 intensive weeks of digital training to help build and scale their companies.…
Are ICOs in Nigeria a fraud or the market is just too volatile?
In 2017 and 2018, ICOs started making headlines around the world. Nigeria and Africa weren’t left out as startups here also raised significant numbers. But since last year not much has been heard abou…
Mozilla, via its incubator, wants to invest up to $75k in African early-stage startups
US-based Internet company, Mozilla, known for its Firefox browser, is going VC mode. With ticket sizes from $10,000 to $75,000, the company’s Builders Incubator is looking to invest in pre-startup and…
How Quizac is using gamification to motivate learning in pre-university students
Education and learning in Nigeria have stalled to a large extent. By using games and quizzes, Tade Samson and his team believe they can make a difference with their edtech startup, Quizac.…
Ventures Platform Fund invests in three African startups as portfolio passes 30
Pan-African VC fund, Ventures Platform Fund has invested in three African startups—FunnelJoy, Tambua Health, and Brass. They join the likes of Paystack, MDaaS, Thrive Agric, and Printivo in the fund’s…
Novastar Ventures closes second fund at $108m to back East and West African startups
Pan-African Novastar Ventures is known to have invested in more than 15 African startups like mPharma, Lynk, and MAX. Closing its second fund of $108 million, it is looking to back more early and grow…
YDS is an Abuja-based eCommerce startup taking stores like Miniso online
Founded in 2017, YDS helps Nigerians easily access products from brands they love. Led by Surayyah Ahmad, the startup is bringing offline stores online so customers can pay for products in instalments…
5 things Google Community Mobility Report tells us about Nigerians during the lockdown
The COVID-19 Community Report by Google compares six high-level activities of Nigerians before and during the lockdown. Here are five things we noticed as regards these activities in the 36 states and…
Nigerian healthtech startup, Helium Health, raises $10m in Series A funding
Lagos and San-Francisco-based Helium Health has raised $10m in Series A funding bringing the startup’s total investment to over $12million. The funding will be used to expand the team and scale to Nor…
African VC funding to drop by nearly $1B at the end of the year, report says
Over $2B was raised by African startups last year with projections made for larger investments in 2020. But despite funding in Q1 nearly at $350m, a report by AfricArena is predicting a 40% drop from …
Software talent company, Andela, lays off 135 staff across 4 countries
Pan-African software engineering talent startup, Andela, has laid off 135 staff across four countries. Also, salaries will be slashed by 10% to 30% across the board as the company looks to pull throug…
To resume at the office or continue remote work, a dilemma for startups
The long-awaited fourth of May has come, and almost gone, leaving startups facing a dilemma; to immediately begin operations at their offices or to continue remote work for the time being.…
IROKO places 28% of its Nigerian staff on unpaid leave
Founder and CEO of IROKO, Jason Njoku made it known via his blog that 28% of his staff in Nigeria have been furloughed. He shared why the company decided to take this decision despite a brief surge in…
Flutterwave launches eCommerce platform for small businesses in Africa
Nigerian fintech startup, Flutterwave has launched Flutterwave Store to bring more small businesses online. The platform will be available in 15 African countries including Ghana, Kenya, Nigeria and S…
How Stabus wants to fix Ghana’s public transportation issues
Founded in November 2019 by Isidore Kpotufe and Albert Angmor, Ghanaian transport startup, Stabus is hoping to address the challenges plaguing the formal and informal public transport systems in the W…
Nigerian fintech startup, Okra, raises $1m pre-seed funding from TLcom Capital
Founded in June 2019, Nigerian fintech startup, Okra has secured a $1 million pre-seed investment from Lagos and Nairobi-based VC fund, TLcom Capital, to scale its team and operations.…