Following the news of Gokada’s mass layoffs, founder and CEO of the motorcycle-hailing startup, Fahim Saleh, explains why Gokada took this decision and why it’s making a pivot.…
Startups
An insight into how the Ventures Platform Fund works
Ventures Platform fund has invested in at least 28 startups and the pioneering founder, Kola Aina, gives insight on how the fund works…
Nigerian agritech startup, FoodLocker, has been selected to take part in Founders Factory Africa’s programme
Just two months after getting accepted into a startup accelerator in Morocco, Techpoint Build’s alumnus, FoodLocker, has been selected to participate in yet another programme. This time with Fou…
Irawo, Beninese media startup, is putting francophone African talents in the spotlight
By writing stories on the digital media, this Beninese-founded startup, Irawo, is giving African talents visibility, particularly those in the continent’s French-speaking regions …
How do these African countries compare in terms of startup ecosystem and funding size?
Based on two distinct reports, five African countries were ranked among the continent’s best startup ecosystems and most funded countries last year. Find out who they are.…
“Transportation is beyond moving people and goods” — Celestine Ezeokoye, CEO transportation-as-a-service startup, WeMove
Transportation is often perceived only as the movement of people and goods from point A to B, but Celestine Ezeokoye of WeMove believes there’s more to it and shares his thoughts with Techpoint …
This Nigerian edtech startup, Traindemy, targets youths as it provides an online-offline blend of vocational training
With the Internet, access to online training is not really hard especially on a platform like YouTube. But this Nigerian edtech platform, Traindemy, believes its online-offline blend of skills trainin…
How Chaka is simplifying access to global and local stock markets for Nigerians
In our first startup of the month feature for the year we bring you Chaka.ng, the company that is helping Nigerian (both people and companies) invest in global and local stock markets…
Former CEO of Twiga Foods, Grant Brooke, steps down from active management to focus on board role
After five years running operations at Twiga as CEO and executive director, Grant Brooke is stepping down from any active role at the company. Although he remains on the board, he has a new project in…
DriveMe, a one-stop fleet service shop, is simultaneously solving fleet management and driver-related problems
Despite numerous competition in Nigeria’s fleet management space, DriveMe is creating its own value by providing an all-round driving and fleet management experience for its customers and client…
Apply for Pitch Storm for a chance to win $10,000 for your startup
After hosting two editions of Pitch Storm at Techpoint Build, we are happy to announce the 2020 edition. A winner from either of the six participating countries across West Africa walks away with $10,…
Allegations against OPay’s parent company, Opera, and its other lending platforms are perhaps geared towards short-selling the company’s stock
Recently, several allegations were made by Hindenburg Research against Opera. While the Chinese-backed Internet company has denied them, it is noteworthy that Hindenburg owns stock in Opera and likely…
On-demand ride-hailing startup, CanGo closes down due to funding challenges
On-demand ride-hailing startup, CanGo, has reportedly stopped operations due to funding limitations. This possibly spells the end of the co-founders’ vision to own the first Super App in Central Afric…
Nigerian payments company, Paga acquires long-term Ethiopian software partner, Apposit
In a bid to kick-start its international expansion this year, Paga made its first move to Ethiopia by acquiring its long-term partner, Apposit. However, it seems this has been in the works for quite s…
For an all-inclusive work experience, coworking spaces might begin to adopt the night shift model
Coworking spaces have been around for a while and although they provide autonomy, sometimes, productivity can be stifled. Having considered this, some workspaces are beginning to introduce night shift…
Flutterwave secures $35 million, led by Greycroft with participation from Visa and Worldpay
Following its last raise in 2018, Flutterwave has gone further to raise a series B round of $35 million to expand to northern and Francophone Africa. This time, Visa and Worldpay participated.…
UPDATED: OKash loan feature removed from OPay app, amidst heavy backlash on its lending policy
OPay takes lending feature, OKash, off its app. This might be in response to reports that recently emerged stating that Opera’s lending businesses have been in constant violation of Google’s Playstore…
Cowrywise becomes the first Nigerian startup in the Catalyst Fund’s accelerator portfolio
Cowrywise has joined the list of 31 fintech startups accelerated by Catalyst Fund. It appears this latest addition may signal more investment prospects for Nigerian fintech startups in the next three …
How many African startups co-founded by women raised $1 million or more in 2019?
Based on a report by Briter Bridges, about 100 startups in Africa raised over $1 million last year. From the perspective of diversity, we take a look at how women fared in this discussion.…
Nigerian startups considering a merger or acquisition should worry about the integration phase
Merger and acquisition news can be exciting for startups. But what is not often discussed is that the integration phase can be equally challenging…