If you’re one of the many Nigerians regularly using Google Maps, you may have noticed some navigation glitches on the mobile app. Having confirmed the situation, Google says it’s working to reso…
News
US, UK, approve visa policies to attract foreign tech talent
The US and the UK have made changes to their visa policies that could, once more, attract skilled workers from across the globe. We take a quick glance as what this means for Africa’s tech talen…
Nigerian fintech startup, CredPal raises $1.5m for credit cards launch and expansion
With the aim to become American Express for Africa, Nigerian YC-backed consumer fintech, CredPal, has raised $1.5m to expand outside the country. GreenHouse Capital and Y Combinator participated in t…
Lagos executive discusses unified fibre project and the future of technology in Africa’s largest city
In July 2020, Lagos began a massive project to unify the city’s entire fibre networks. Olatubosun Alake, special adviser to the Lagos State Governor provides some perspective and future plans for Afri…
UPDATE: Build the money of the future at the Digital Currency Summit 2021
In March 2021, Techpoint Africa will be hosting the brightest minds in decentralised finance, blockchain developers, and designers at the Digital Currency Summit 2021. Don’t miss out.…
What is direct debit, and how do CBN charges on failed transactions affect you?
What exactly is direct debit, and how do CBN charges on failed transactions affect you?…
Kenyan lawmakers want M-Pesa split from Safaricom’s operations
The Kenyan Senate reportedly wants its Largest telecom provider, Safaricom, to be split into two separate firms — Mobile Services and M-Pesa. A move that could have dire effects…
Kenyan bus booking platform, QuickBus raises six-figure round, plans launch in Nigeria and Ghana
QuickBus, a Kenyan bus booking startup, has raised an undisclosed round led by UAE-based Shorooq Partners. It will use the investment for marketing purposes and launch in new African markets.…
Backed by Ribbit Capital and Bezos Expeditions, Chipper Cash raises $30m Series B funding
Having raised $13.8m in June 2020 and $6m in December 2019, African focused P2P payments startup, Chipper Cash has raised a third round in 12 months. This means the startup has raised $52.2m since lau…
4 months post-launch, Autochek raises $3.4m pre-seed to disrupt Africa’s automotive industry
Founded in August by Etop Ikpe, Autochek Africa has secured $3.4m in a pre-seed round. Led by TLCom and 4DX Ventures, the startup wants to disrupt Africa’s automotive industry with its technolog…
Why Safeboda is leaving Kenya to focus on Uganda and Nigeria
After a 5-year run in the East-African market, Ugandan-founded bike-hailing startup, Safeboda has announced its exit from Kenya. This may have resulted from the effect of COVID-19 among other unconfir…
Wallets Africa partners with VISA to help businesses issue cards to employees and customers
Nigerian fintech startup, Wallets Africa, has joined forces with Visa to launch physical debit cards for its customers. This comes after participating in the global payments giant’s Fintech Fast…
TalentQL raises $300k pre-seed led by Lagos-based investment firm, Zedcrest Capital
Launched this month with the premise to hire, develop, and manage remote talent for global companies, Ile-Ife-based talent startup, TalentQL, has raised $300k in pre-seed funding to carry out operatio…
How Future Africa invested $1 million across 9 African startups in Q3 2020
When Future Africa rolled out its Fund in January, it had 14 startups in its portfolio. However, after introducing its Collective and Rolling Fund schemes, it now has 28; with 9 receiving $1m between …
After raising $1.6m pre-seed last year, Nigerian digital bank, Kuda bags a $10m seed investment
Last year, Nigerian-based mobile challenger bank, Kuda, raised an impressive pre-seed round of $1.6m. Now armed with $10m in seed funding, Kuda wants to become Africa’s premier digital challenge…
Wee Media, the parent company of tech and business publication, WeeTracker, raises $400k seed
Pan-African media company, Wee Media has raised a seed round of $400k. The company will use the investment to scale its subscription-based products (Wee Tracker and AfriCo), and expand to South Africa…
MTN Group sells stake in Jumia, reportedly makes net proceeds of $142 million
South Africa’s MTN Group has exited its 18.9% stake in Africa-focused online retail giant, Jumia. This comes after another share price rally and 11 days before the announcement of Jumia’s …
Nigerian HR startup, SeamlessHR, raises a seven-figure round to drive pan-African expansion
With a presence in Nigeria and Ghana, SeamlessHR has raised a fresh round to expand to other African countries. US-based Lateral Capital and Lagos-based Consonance Investment Managers led this round.…
Nigeria’s CcHub acquires Kenya’s eLimu to build the content creation arm of re:learn
A year after acquiring iHub, Nigerian incubation hub, CcHub acquires Kenyan edtech startup, eLimu to develop digital academic content for its education unit, re:learn; will soon expand to other Africa…
Airtel to exit Ghana operations as government prepares takeover
India’s Bharti Airtel is set to sell 100% of its stake in its Ghana division. Meanwhile, the government of Ghana is reportedly in advanced talks for a full takeover just a few months after its p…