Youverify, a Lagos-based startup that helps automate due diligence and compliance by using data-driven decisions has announced a seed round equity financing of $1.5 million led by Orange Digital Ventu…
In conversation with Johnny Enagwolor, co-founder of PlentyWaka on scaling despite government regulation
The Lagos okada ban gave bus-hailing platforms a chance to scale, however, a new set of regulations may halt such progress. Here, Johnny Ena tells us how bus-hailing startup, PlentyWaka, is thriving i…
Abuja-based innovation hub, Work and Connect, launches a sandbox project for startups
Work and Connect, an innovation from Abuja, offers a variety of support to entrepreneurs in Nigeria’s capital city and with its Connect Lab arm, it is creating a sandbox project to accelerate early-st…
Early-stage venture capital firm, Microtraction, now offers $25,000 for 7% equity
Startup costs have risen over the last few years and in a bid to help startups stay focused on building their products, Microtraction has increased its investment size by 66% from $15,000 to $25,000 f…
Ugandan motorcycle-hailing startup, SafeBoda, finally commences operations in Nigeria
Following months of speculation on its proposed plan to commence operations early this year, SafeBoda has now officially launched and is operational in Nigeria’s south-western city, Ibadan.…
Building million-dollar startups in a male-dominated space: The experience of 3 female founders
What do you know about women who have co-founded million dollar startups? How do they navigate Africa’s tech space? A glimpse into the experiences of Miishe Addy, Temitope Omotolani and Vivian Nwakah …
Do you have a startup? Tell us about it
Launching a startup isn’t just about building a product. Telling your startup story is also very important and we are giving startup founders a chance to tell their story on our platform.…
Ivorian eCommerce startup, Afrikrea, raises $1 million for expansion
On the back of competing in Jack Ma’s Africa Netpreneur Prize in November last year, Afrikrea has gone on to secure a round of $1 million for expansion across Africa.…
Kenyan eCommerce startup, Sokowatch, raises $14 million series A to target new African markets
Since launching in 2013, Sokowatch has served over 15,000 small retailers in Kenya, Tanzania, Rwanda, and Uganda while raising $4.5 million. Now, it has raised $14 million in series A to expand to oth…
DevCareer received a £5,000 donation from Twitter CEO; a sign of things to come for the nonprofit tech accelerator
Techpoint caught up with Sultan Akintunde, founder of Nigerian nonprofit tech accelerator, DevCareer. Here, he tells us about the accelerator’s journey so far, Jack Dorsey’s donation, and what to look…
African youth still spend more on electronics and clothing than other items purchased online
Online shopping in Africa, while still nascent, is showing signs of immense growth. And with projected revenue of $27.65 billion this year, electronics and clothing items are leading the continent’s e…
Fintech startup, Carbon, launches $100,000 pan-African fund for startups; here’s what you need to know
Since the fintech space got more than half of Nigeria’s startup funding in 2019, Carbon has decided to launch its Disrupt Fund for non-fintech startups, investing up to $10,000 per startup for a…
How Jeph Acheampong is creating a new generation of African data scientists with his startup, Blossom Academy
With over 90% in career placement for its data science graduates since inception in 2018, Ghanaian-based talent accelerator, Blossom Academy, is in its little way, meeting the high demand for data sci…
Highlights of Techpoint and Pettysave town-hall meeting with Patrick Brown, the mayor of Brampton, Canada
As part of his 4-day visit to Nigeria, Patrick Brown, Mayor of Brampton, Canada visited Techpoint where he participated in a town hall meeting as he held an interactive discussion with tech entreprene…
“We’re launching our food delivery service within the next month”— Gokada CEO, Fahim Saleh
Reports have it that motorcycle-hailing startup, Gokada, has launched Chop, its food delivery service. However, CEO, Fahim Selah, says the service hasn’t launched officially yet.…
Connected Analytics, parent company of ThankUCash, gets accepted into 500 Startups as the only African startup in its 26th batch
Ventures Platform and Microtraction-backed Nigerian startup, Connected Analytics, has been accepted into 500 Startups seed accelerator programme as the only African startup in its 26th batch.…
LABS by ARM to invest $100,000 in five fintech startups participating in its 12-week accelerator programme
The Lagos-based accelerator backed by the ARM Group has selected five startups to participate in its accelerator programme. In partnership with Ventures Platform, each startup will receive $20,000 see…
Nigerian fintech startup, Aella Credit, raises $10 million debt financing to expand and invest in blockchain
Starting off as a micro-lending platform, Aella Credit has raised $10 million in debt financing to expand, and also to become a full-service lending and payments platform.…
Asides access to finance, political instability is perhaps the biggest constraint facing Nigerian tech businesses
Most times, Nigerian entrepreneurs cite lack of funding as a major challenge they face when running their businesses. Albeit true, here’s how political instability is also a significant constraint.…
Ethiopian-based edtech startup, Gebeya, closes $2 million seed funding as it plans to scale up services
In order to launch its online talent marketplace as well as scale up its training and marketplace services in francophone Africa, Ethiopian edtech startup, Gebeya, has raised $2 million in seed invest…