Startups

EXCLUSIVE

This startup is saving African companies millions in legal disputes, fusing ancient wisdom with modern innovation

EXCLUSIVE

Scam allegations by Hindenberg Research send Tingo Group’s NASDAQ shares into a tailspin

EXCLUSIVE

Moove’s driver defaults exposes the challenges of lending in Nigeria

Moove

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Jumia plans rural Ugandan expansion 

Jumia delivery

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Does size matter? Why correctly sizing your target market is crucial for raising venture capital 

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“Charge from day one.” — PiggyVest’s Odunayo Eweniyi on how to run your startup on a tight budget  

Odun Eweniyi, COO of PiggyVest giving a class

EXCLUSIVE

Patricia to temporarily suspend withdrawals after security breach

Patricia office

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Low Carbon Economy Fund for Africa hits first close at $48m

wads of euro currency

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JumiaPay records a 37.8% decline in transactions but Jumia’s gross profit grows by 5% 

Jumia

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Inside Unyte’s ambitious plan to provide insurance for all Nigerians 

An image of Unyte co-founders

EXCLUSIVE

How Nestcoin survived the FTX crash and pivoted to Onboard

A portrait shot of Yele Bademosi, CEO and Co-Founder of Nestcoin.

EXCLUSIVE

This Nigerian startup wants to boost your bottom line with top-notch revenue talent

EXCLUSIVE

Gricd rebrands to Figorr, raises $1.5 million seed funding  to help insure perishable goods

An image of the Figorr team

EXCLUSIVE

Why did Treepz ditch bus-hailing for car-sharing after a $4.5M cash injection?

Treepz Kenya launch

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How TechPR helps African startups gain visibility and attract customers 

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Founders Forum Group acquires Tech Nation, gains control of Tech Nation Visa programme

Image of Nigerian passport on a laptop

EXCLUSIVE

6 startup ideas for students in Nigeria that require zero capital  

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Africa received $58.4bn aid in 2021, but Convexity’s CHATS wants to track where these monies are going 

The Convexity team posing for a picture

EXCLUSIVE

With a $5.6m war chest, how can Shuttlers win in Nigeria’s harsh mobility sector?

EXCLUSIVE

Autochek makes its second North African acquisition and expands its footprint to nine countries





















This startup is saving African companies millions in legal disputes, fusing ancient wisdom with modern innovation

If you ever have to deal with people for your business or job, E-Arbitrator’s melding of time honoured arbitration and AI technologies, might save you time and millions.

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Scam allegations by Hindenberg Research send Tingo Group’s NASDAQ shares into a tailspin

Shares of Tingo Group has dropped following a report that details irregularities in its business.

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Moove’s driver defaults exposes the challenges of lending in Nigeria

Moove provides vehicles for ride-hailing drivers in Nigeria with zero down payment. With drivers defaulting and the startup repossessing vehicles, how can the startup stay in business?

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Jumia plans rural Ugandan expansion 

eCommerce giant, Jumia plans to expand its Ugandan operations into the country’s rural areas to provide quality products at competitive prices.

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Does size matter? Why correctly sizing your target market is crucial for raising venture capital 

There’s a consensus that raising venture capital in 2023 is harder than previous years, but correctly sizing a startup’s market significantly improves its potential to raise capital.

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“Charge from day one.” — PiggyVest’s Odunayo Eweniyi on how to run your startup on a tight budget  

To survive on a tight budget, businesses need to charge their users from the get-go. The amount of work it takes to reorientate users to pay for that product is simply not worth it

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Patricia to temporarily suspend withdrawals after security breach

Gift card and crypto trading platform, Patricia has announced that it was a victim of a security breach that compromised its bitcoin and naira assets.

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Low Carbon Economy Fund for Africa hits first close at $48m

E3 Capital and Lion’s Head have hit $48 million in the first close of their E3 Low Carbon Economy Fund for Africa (E3LCEF).

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JumiaPay records a 37.8% decline in transactions but Jumia’s gross profit grows by 5% 

Jumia has released its Q1 2023 earnings report, showing a 37.8% decline in the number of transactions completed using JumiaPay. However, its operating losses also fell as the company continues its push for profitability.

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Inside Unyte’s ambitious plan to provide insurance for all Nigerians 

Less than 1% of Nigerians own any form of insurance, but Unyte, a newly launched insurtech startup wants to significantly increase this percentage. Having locked down partnerships with major insurance providers, it believes that it can drive insurance by improving access.

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How Nestcoin survived the FTX crash and pivoted to Onboard

Nestcoin wanted to build and invest in crypto startups that would offer Africans financial freedom, but after a significant part of its $6.45 million investment was caught in the FTX crash, it is changing focus.

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This Nigerian startup wants to boost your bottom line with top-notch revenue talent

In the era of high interest rates and tight fisted venture capital, the business of startups is all about the bottom line and unit economics. Revwit, a Nigerian startup, captures this shift by training and matching talent that help startups make money.

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Gricd rebrands to Figorr, raises $1.5 million seed funding  to help insure perishable goods

More than 30% of agricultural produce in Nigeria is lost to poor storage facilities. Gricd, a startup that provides Internet of Things technology for storage facilities, has raised $1.5 million to expand its team and improve its product. It is also changing its name to Figorr.

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Why did Treepz ditch bus-hailing for car-sharing after a $4.5M cash injection?

Treepz was founded in 2019 as a bus-hailing startup. After expanding to three African countries, it has launched a car-sharing service. Still, questions remain over its business model.

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How TechPR helps African startups gain visibility and attract customers 

PR agencies help startups shape the public’s perception of them and since 2019, TechPR has helped more than 30 startups tell their stories.

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Founders Forum Group acquires Tech Nation, gains control of Tech Nation Visa programme

Founders Forum Group (FF Group) has stepped in to acquire Tech Nation, breathing new life into the organisation’s many initiatives including Tech Nation Visa. This is what you should know about the acquisition.

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6 startup ideas for students in Nigeria that require zero capital  

Many Nigerian students can’t pursue their startup dreams due to financial constraints. This article discusses six startup ideas for students that require no capital and how to get started.

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Africa received $58.4bn aid in 2021, but Convexity’s CHATS wants to track where these monies are going 

Where did the $607.7 billion in aid Africa received between 2010 and 2021 go? Well, Convexity, a blockchain solutions company, has built CHATS, a platform that will help donors track their donations. Here’s how it works.

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With a $5.6m war chest, how can Shuttlers win in Nigeria’s harsh mobility sector?

Nigerian mobility startup, Shuttlers, recently raised $4 million from investors to strengthen its infrastructure and expand across Nigeria, but what must the startup do to succeed in Nigeria’s mobility space?

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Autochek makes its second North African acquisition and expands its footprint to nine countries

Autochek has acquired a majority stake in AutoTager expanding its footprint in the North African region following the acquisition of KIFAL Auto in 2022.

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