Despite numerous competition in Nigeria’s fleet management space, DriveMe is creating its own value by providing an all-round driving and fleet management experience for its customers and client…
Ride-hailing service, Bolt, launches its tricycle vertical in Nigeria’s south-southern city of Uyo
Since its entrance into the Nigerian market in 2016, Bolt, formerly known as Taxify, has managed to earn a top spot in the ride-hailing market in the country. Now, it is venturing into the tricycle-ha…
Allegations against OPay’s parent company, Opera, and its other lending platforms are perhaps geared towards short-selling the company’s stock
Recently, several allegations were made by Hindenburg Research against Opera. While the Chinese-backed Internet company has denied them, it is noteworthy that Hindenburg owns stock in Opera and likely…
Nigerian payments company, Paga acquires long-term Ethiopian software partner, Apposit
In a bid to kick-start its international expansion this year, Paga made its first move to Ethiopia by acquiring its long-term partner, Apposit. However, it seems this has been in the works for quite s…
For an all-inclusive work experience, coworking spaces might begin to adopt the night shift model
Coworking spaces have been around for a while and although they provide autonomy, sometimes, productivity can be stifled. Having considered this, some workspaces are beginning to introduce night shift…
Flutterwave secures $35 million, led by Greycroft with participation from Visa and Worldpay
Following its last raise in 2018, Flutterwave has gone further to raise a series B round of $35 million to expand to northern and Francophone Africa. This time, Visa and Worldpay participated.…
UPDATED: OKash loan feature removed from OPay app, amidst heavy backlash on its lending policy
OPay takes lending feature, OKash, off its app. This might be in response to reports that recently emerged stating that Opera’s lending businesses have been in constant violation of Google’s Playstore…
How many African startups co-founded by women raised $1 million or more in 2019?
Based on a report by Briter Bridges, about 100 startups in Africa raised over $1 million last year. From the perspective of diversity, we take a look at how women fared in this discussion.…
How Femi Longe, co-founder of Co-creation Hub, wants to tackle unemployment in Africa with his new startup, Qiesto
After leaving Co-creation Hub, Femi Longe turned his sights to a new challenge, Qiesto. Here, he tells us how and why he is trying to solve one of Africa’s biggest problems: unemployment.…
Are motorcycle-hailing startups adopting offline methods in order to scale their tricycle verticals?
The emergence of motorcycle ride-hailing startups ushered in three-wheeled services last year. But unlike their predecessors, these services are likely easier to scale offline than online.…
Bankole Oluwafemi, editor-in-chief of TechCabal, leaves Big Cabal Media, the company he founded
After almost six years as founder of Big Cabal Media, Bankole Oluwafemi announces his departure from the company to seek new adventures.…
Nigerian mobile payment company, Paga, hires Ian Cleverly as its Group chief financial officer
With 15 years experience as CFO of different companies, Ian Cleverly gets hired by Nigerian payment company, Paga, as its new Group CFO to help with the company’s international expansion.…
What you need to know about Andela and Flutterwave co-founder, Iyin Aboyeji’s Future Africa Fund for startups
Future Africa recently announced the launch of three initiatives in its focus areas — capital, coaching, and community. We take a look at the Future Africa Fund, and this is what co-founder, Iyi…
Meet ARED, the Rwandan company revolutionising how people charge phones and access digital content in Africa
Creating jobs and connecting communities with digital content while using solar energy is a feat most entrepreneurs can only dream of. However, Rwandan entrepreneur, Henri Nyakarundi started ARED to d…
How Abuja-based startup, Paynergy, is changing the way people pay their energy bills
Since PHCN introduced prepaid metres in 2006, most users have experienced some form of inconvenience when trying to buy tokens for their metres. Paynergy is trying to change that by providing a better…
Rensource Energy secures $20 million series A led by CRE Venture Capital and Omidyar Network
Almost two years after raising $3.5 million in bridge financing, renewable energy startup, Rensource Energy, has raised $20 million in series A to expand and offer more services.…
Chipper Cash raises $6 million seed round to expand into southern African markets
After raising a seed round of $2.4 million back in May, Chipper Cash has raised an extended seed round of $6 million to expand into southern African markets.…
This Lagos-based startup is making it easier for people to plan events
If you have ever had to plan an event, word is that you got a headache from all the stress. Before you try to plan another, find out how Planit can make it relatively easy for you.…
Cars45 launches a consumer-to-consumer marketplace as it expands to Ghana and Kenya
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…