Top stories
Top stories
Today on #TechpointDigest, @jermah4 discusses application closure for @Techpointdotng #SMEClinic Grant, @Facebook’s subsea cable in Nigeria, and Gamr’s seed round.
In May 2020, @Facebook announced its 2Africa undersea Internet cable project to increase Internet connectivity in Africa. Now, the cable will extend to three more countries, including a landing in South-East Nigeria.
Today on #TechpointDigest, @OnomeOneyibo discusses SME Clinic by Techpoint (@TPSMEClinic), @Facebook’s new privacy features, @Twitter’s verification roll-out.
Today on #TechpointDigest, @BoluAbioun discusses @YemiKeri’s journey as an angel investor, fundraising in Africa so far, and @Zoom’s Focus mode.
Today on #TechpointDigest, @latoria_ria discusses Nigeria’s #TwitterBan reversal, @AbsaKenya’s WhatsApp banking, @Instagram’s anti-abuse tools, and @Google Search Trends
Today on #TechpointDigest, @nwokomachigo discusses @foondamate’s WhatsApp-based edtech solution, @omnibizafrica’s seed round, and @Jumia_Group’s Q2 report.
JumiaPay, the fintech startup of the @Jumia_Group marketplace, has partnered with @NBE1898 in offering new digital payment services.
Following an aggressive marketing campaign, Africa-focused eCommerce company, Jumia, recorded a $51.6 million operating loss in Q2 2021. This is a 24.7% increase from last year and a signal of Jumia’s change in business strategy
Today, @omnibiz, a B2B eCommerce startup based in Nigeria, announced a $3m seed raise. The fund will be used to foray into other West African cities and increase product offerings.
Today on #TechpointDigest, @jermah4 discusses @Chekkitapp’s $500k pre-seed, @ChakaStocks partnership with @tradingview, and @Mooveafrica’s $23m Series A.
Nigeria-based anti-counterfeiting startup, @Chekkitapp has raised $500,000 in pre-seed funding as it looks to expand its team. Angel Investor, @biolaa1 also joins the company’s advisory board
After a $5.2 million seed round in 2020, Nigeria-based auto-financing startup, @Mooveafrica has raised $23 million in Series A funding. The company hopes to democratise vehicle ownership across Africa.
Today on #TechpointDigest, @OnomeOneyibo discusses @Mainoneservice in Ghana, @DecagonIns’ $1.5 million raise, @FmstNg’s name change, @MTNNG at 20
Nigerian IT company, Decagon, has raised $1.5 million in a seed round and a student loan financing facility of $25 million to train and connect software engineers with funding and their dream jobs.
Today on #TechpointDigest, @latoria_ria discusses @mvx_hq’s seed round, @Cellulant’s licence approval in Ghana, and #Revio’s $1 million seed round.
Africa makes up a fraction of world merchandise trade value. And Nigerian digital freight startup, @mvx_hq has secured a $1.3m seed investment to empower trade on the continent by providing financial and freight services digitally.
With plans to offer payment services to US-based clients, @theflutterwave has announced the appointment of Jimmy Ku as the head of US growth. This follows a $170 million Series C funding round in March 2021.
Today on #TechpointDigest, @BoluAbiodun1 discusses @PatriciaSwitch’s @RachaelAkalia, and @YouTube’s payment for creators