Months after unveiling the Facebook Nigeria Initiative, a product of which is the NG_HUB in Yaba, Lagos the outline for the initiative remains unclear…
Startups
Leti Arts wants to ignite the African games industry revolution from Ghana
Leti Arts, an almost decade-old gaming development company based in Ghana, is pioneering a unique approach to interactive gaming for the whole of Sub-Saharan Africa.…
2 years after, the Ooni of Ife’s proposed $1.4 billion incubation hub is yet to kick off
2 years after it was announced, there are strong indications that the proposed $1.4 billion incubation hub in Ile-Ife, Osun, Nigeria will never be actualised.…
Why Paga’s technology is built and managed in Ethiopia
Since Nigerian mobile payments company, Paga was founded in 2009, its technology has been managed and supported in Ethiopia. We reached out to Paga to find out why, here’s what they had to say.…
Paga raises $10m Series B2, finally going global
Nigerian fintech company, Paga recently announced a new $10 million Series B funding led by the Global Innovation Fund…
How NALA is easing access to financial services for Tanzanians
NALA is allowing Tanzanians access financial services through a mobile application that requires no Internet connection.…
Estate Intel is helping the commercial property industry in Africa make data-driven decisions
Estate Intel is a Nigerian-based startup that provides data on commercial properties across Africa, to enable market participants make data-driven decisions.…
Tizeti raises $3m to expand its unlimited internet service across Africa
A year after raising seed funding of $2.1 million from international investors, Tizeti has announced raising $3 million in a new series A funding round.…
NIBSS figures question Paga’s 9 million unique user base
There is a discrepancy between mobile money platform, Paga’s 9 million unique users claim and industry figures from the Central Bank of Nigeria, as quoted by the Nigeria Inter-Bank Settlement Sy…
Getting ready to raise capital
Investors consider different criteria before investing in startups. This article, by Techpoint Publishing Partner, Babalakin and Co highlights some of these and goes further to discuss legal and regul…
RecyclePoints and 2 other startups from Africa shine at the 2018 Zambezi Prize
At the just concluded 2018 Zambezi Prize held in Nairobi, Kenya, three startups from the financial tech landscape in Africa were awarded financial rewards due to challenges they are solving within the…
Why Paystack, Flutterwave stopped issuing PoS machines
A few months ago, two of the most prominent fintech startups in Nigeria, Flutterwave and Paystack began issuing Point of Sale (PoS) machines to their merchants. However, a couple of weeks ago, they su…
After $12m ICO, Kora wants to become the first $5b tech startup in Africa
Following a successful $12m ICO in May, blockchain startup, Kora is working to address remittance challenge in Africa. It also wants to become the first $5 billion tech startup in the continent while …
Paystack secures $8 million Series A funding round
Nigerian fintech startup, Paystack has just announced a Series A funding round of $8 million, surprisingly backed by American fintech company, Stripe and a host of other foreign investors.…
Why you no longer hear about Nigeria’s fast rising tech-talent accelerator, Switch
For a while now, there’s been speculation mounting around the possible non-operation of one of Nigeria’s fast rising tech-talent accelerators, Switch. After a bit of digging, here is what …
11 startups unveiled for Google Launchpad Accelerator Africa second cohort
Barely two months after rounding up its first Launchpad Accelerator Africa class, Google unveils 11 startups in its Lagos facility for class two of Launchpad Accelerator Africa…
Online tutoring marketplace, Prepclass secures significant Series A funding
Following its last investment from GSMA Ecosystem Accelerator Innovation Fund, online tutoring marketplace, Prepclass has gone on to secure a new Series A funding round from Rise Capital.…
Not many startups in Nigeria are investment ready — LAN executive secretary
The Lagos Angel Network (LAN) has particularly been involved in two public deals; the investment in Café Neo and Big Cabal Media, worth a combined ₦50 million. But that was the last we heard of LAN or…
Meet the 30 startups shortlisted for the 2018 edition of Demo Africa in Casablanca
Following a few months of innovation roadshows, city tours and virtual shortlisting, DEMO Africa has announced the selection of the 30 finalist startups for the 2018 edition of the annual conference.…
The rise, fall and imminent relaunch of Eazyhire
Far from the glitz that surrounded Eazyhire when it launched, the online leasing platform appears to be on a decline. This interview with founder Josh Okpata explains what is going on with the startup…