News • Techpoint Africa

YC-backed Nigerian startup, Bujeti, secures a $2 million seed to scale and expand its offerings

Osamu Ekhator

2 hours ago

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Startups

1 month after reaching $1.2m in monthly GMV, Chowdeck partners Shoprite to revolutionise the Nigerian grocery industry

Chowdeck has expanded into grocery offerings, listing Shoprite on its online platform one month after reaching $1.2 million in monthly gross merchandise value (GMV). This move comes two months after Glovo partnered with the retail giant.

Ifeoma Joy Okorie

2 hours ago

Techpoint Africa Podcast

How we started the Techpoint Africa Podcast ...

Join us on the Techpoint Africa Podcast as we reminisce about the past, break down the news, and share insights on what's happening in the African tech space this week.

Gracious Sede

4 hours ago

Fintech

Paystack quietly obtained a switching and processing licence from CBN in April 2022

Paystack, quietly obtained a switching license from the CBN early in 2022. This puts some interesting context to the company's recent product launches.

Osamu Ekhator

4 hours ago

Techpoint Digest

Wic Capital raises $1 million to support women-owned businesses in Senegal and Côte d'Ivoire

Today on TechpointDigest, we discuss Airtel Africa's new data centre, tappi's $1.5m pre-seed, and BasiGo's $5m funding to assemble electric buses .

Victoria Fakiya

12 hours ago

Finance

NIBBS directs banks to remove non-deposit-taking financial institutions from their transfer list

NIBBS has directed banks and other financial institutions to remove companies that are not licensed to take deposits from its outward transfer list.

Bolu Abiodun

21 hours ago

Mobility

Kenyan mobility startup, BasiGo, raises $5 million to assemble electric buses

Nearly a month after BasiGo raised $1.5 million, the EV startup has secured a $5 million investment to boost local production of electric buses in Africa.

Osamu Ekhator

1 day ago

Telecoms

MTN Group plays ahead of 2024, appoints Selorm Adadevoh as new CCO

MTN Group has appointed Selorm Adadevoh as its new CCO to replace Jens Schulte-Bockumn. Stephen Blewett will take over as CEO of MTN Ghana, while Schulte-Bockum will continue as a non-executive director.

Ifeoma Joy Okorie

1 day ago

Telecoms

1 year after Airtel Africa opened a data centre in Lagos, the telco launches Nxtra, a new data centre

Airtel Africa has launched Nxtra, a data centre, a year after opening a Tier 3 data centre in Lekki, Lagos. The new facility is expected to go live in mid-2025 and deliver 34 megawatts of total power, making it the first Nxtra facility in Lagos, Nigeria.

Abdullah Ajibade

1 day ago

Startups

Kenyan startup tappi raises a $1.5 million pre-seed six months after receiving $180K from SOSV’s Orbit Startups

Six months after receiving $180K from SOSV’s Orbit Startups, a Kenyan startup, tappi, raises a $1.5 million pre-seed to help SMEs gain visibility and credibility in the digital commerce space.

Victoria Fakiya

1 day ago

Techpoint Digest

M-KOPA enters Ghana barely 7 months after raising $250m

Today on TechpointDigest, we discuss M-KOPA's expansion into Ghana, Payday's acquisition 9 months after raising a $3m seed, and Mtor's $2.8m seed.

Victoria Fakiya

1 day ago

Startups

Why Nigerian fintech startup Pivo shut down 1 year after announcing a $2 million round

A year after raising $1 million seed, Nigerian fintech startup, Pivo is shutting down.

Chimgozirim Nwokoma and Bolu Abiodun

Chimgozirim Nwokoma

2 days ago

Animation & Gaming

Call of Duty: Mobile launches dedicated Nigerian server

Call of Duty: Mobile has launched servers in Nigeria. Players in Nigeria will now experience faster and smoother gameplay.

Bolu Abiodun

2 days ago

Startups

Lidya closes operations in two countries to focus on the Nigerian market after securing $16.45 million in funding

Three years after operating in Poland and the Czech Republic, a Nigerian fintech startup, Lidya, is leaving these Eastern European nations to focus on the Nigerian market.

Victoria Fakiya

2 days ago

Ecosystem

Bitmama acquires Payday to bolster its blockchain-powered cross-border payments service

In a significant development in Nigeria's fintech landscape, blockchain payments platform, Bitmama Inc. has confirmed the acquisition of Payday, a virtual card service provider. The news comes barely nine months after Payday announced its $3 million seed round and three...

Múyìwá Mátùlúkò

3 days ago

Startups

Former governor of Kaduna State, Nasir El-Rufai, to launch $100 million venture capital fund

Less than a year after leaving office as the governor of Kaduna State, Nasir El-Rufai has announced plans to launch a $100 million fund in 2024.

Chimgozirim Nwokoma

3 days ago

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