Consumers in Ghana and Kenya can now buy, sell, and swap their cars as the automotive trading platform expands to their countries.…
Online classifieds company, Jiji, secures $21 million in series C funding
Early this year, Jiji acquired a major competitor in OLX, now it has raised $21 million in an attempt to be Africa’s largest classifieds site…
Jumia becomes smaller as Jumia Travel is said to be taken over by Travelstart
Just a few weeks after closing its eCommerce businesses in Tanzania and Cameroon, and laying off staff in Kenya, Jumia will stop handling the operations of one of its subsidiaries, Jumia Travel.…
Techpoint Build alumnus, Foodlocker and 15 other startups join the UM6P accelerator in Morocco
Nearly a year after finishing as runner-up in Techpoint Build’s Pitch Storm, Foodlocker has been selected to participate in a 12-week-long accelerator program in Morocco…
By involving teachers, can edtech startups solve the learning problem in Nigeria?
Many edtech startups are solving students’ self assessment and test preparation problems, but this alone won’t solve Nigeria’s learning problem; although less viable, building for teachers might.…
Fintech startup, Migo secures $20 million series B funding as it expands to Brazil
Formerly known as Mines.io, Migo completes a series B equity round of $20 million led by Valor Capital, a Brazil-focused venture capital firm as it expands to Brazil…
Pitch for $25,000 at the Next Einstein Forum Innovation Salon in Nairobi, Kenya
Are you a science driven entrepreneur? Here’s your chance to pitch for $25,000 at the Next Einstein Forum Innovation Salon in Nairobi.…
How a bus ticket scam led Ronald Hakiza to build Ugabus, an online bus booking platform in Uganda
After falling for a bus ticket scam while travelling for a funeral, Ronald Hakiza started Ugabus to enable travellers within East Africa buy authentic tickets online…
Disrupting the health and retail space from Abuja: Meet the men behind Osoft Integrated Resources
Amos Olobo, Sam Ayanfulu, and Paul Funsho, co-founders of Osoft Integrated Resources, narrate how they grew a 7-man software development company into one with almost 100 staff in Nigeria’s capital cit…
By building a global distribution system, mobility startup, Travel 4.0 wants to improve the experience of road travellers
Since introduced into the travel industry, global distribution systems like Amadeus have made online airline bookings easy. This is what Travel 4.0 wants to achieve for Nigeria’s fragmented road trans…
Cheki ex-CEO, Gbenro Dara joins Opera as managing director to lead its new marketplace, OList
Having worked for classifieds sites Efritin and Cheki, Gbenro Dara has now taken up the role of managing director in another yet another classifieds company, Opera’s recently announced vertical, OList…
UPDATE: What Nigerian agritech startup, Releaf has really been up to since Y Combinator
Since moving to Nigeria and graduating from Y Combinator’s Summer 2017 batch, Releaf’s have remained primarily in stealth-mode. Techpoint however reached out to them recently to gain some insigh…
Konga ex-boss, Sim Shagaya started and failed at these 4 projects before finding success
Sim Shagaya’s brainchild, E-Motion Advertising was recently acquired and we reported it as his first company. However, we take a look at four different projects Sim started and failed at before …
These online platforms allow Nigerians to make investments in local and foreign stock markets
Looking to grow your money without worrying about Naira fluctuations and inflation? These 4 platforms help you invest in foreign stock markets using local funds…
While waiting for Unicorns, should Africa settle for Gazelle startups?
The search for Africa’s Unicorn startups is ongoing, but some investors, who don’t see the discovery happening anytime soon, have suggested Gazelles as a less fancy but effective name for its ecosyste…
Lori Systems raises sizeable Series A round, led by Chinese investors
After officially expanding to Nigeria, Lori Systems, the Pan-African logistics startup, has raised $30 million in series A led by Chinese investors Crystal Stream Capital and Hillhouse Capital Group…
Twitter co-founder and CEO, Jack Dorsey, is in Nigeria
Jack Dorsey, CEO of Twitter and mobile payments company, Square arrived in Nigeria on Thursday.…
Interswitch enters the health-tech scene as it acquires eClat Healthcare
Digital payment giant, Interswitch Group has acquired Nigeria and Swaziland-based eClat Healthcare, providing customers access to healthcare across different interaction points beyond hospitals…
Mini-grids and solar home systems: Why startups scale slower in the former
Experts say mini-grids are the fastest way of providing electricity for the millions of people living off-grid in Nigeria, but most startups still focus on solar home systems. Here are some of the rea…
When should founders step down as CEOs of their startups?
At what point do startups outgrow their founders? We take a look at some instances and what founding CEOs can learn from them.…