Startups

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Report: Nigerian startups raised $35.5 million in Q3 2018, 52% less than Q2

Startup funding

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Out of Cotonou, EtriLabs’ new generation startups are building for the world

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Depuis Cotonou, les startups nouvelle génération d’EtriLabs se développent pour le reste du monde

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What’s happening with the CcHUB’s ₦1 billion Growth Capital fund?

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Protecting your startup from shark investors

EXCLUSIVE

From Ethiopia to the world, Apposit is equipping businesses with world-class technology systems

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In spite of territorial challenges, Togo’s first incubation lab, WoeLab is advancing with purpose

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Malgré les défis territoriaux, le premier laboratoire d’incubation du Togo, WoeLab, progresse avec détermination

EXCLUSIVE

Assessing the Facebook Nigeria Initiative, 4 months after NG_HUB launch

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Leti Arts wants to ignite the African games industry revolution from Ghana

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Why Paga’s technology is built and managed in Ethiopia

EXCLUSIVE

2 years after, the Ooni of Ife’s proposed $1.4 billion incubation hub is yet to kick off

EXCLUSIVE

How NALA is easing access to financial services for Tanzanians

EXCLUSIVE

Paga raises $10m Series B2, finally going global

EXCLUSIVE

NIBSS figures question Paga’s 9 million unique user base

EXCLUSIVE

Tizeti raises $3m to expand its unlimited internet service across Africa

Telecoms

EXCLUSIVE

Estate Intel is helping the commercial property industry in Africa make data-driven decisions

EXCLUSIVE

Getting ready to raise capital

EXCLUSIVE

Why Paystack, Flutterwave stopped issuing PoS machines

PoS machine

EXCLUSIVE

RecyclePoints and 2 other startups from Africa shine at the 2018 Zambezi Prize





















Report: Nigerian startups raised $35.5 million in Q3 2018, 52% less than Q2

The third instalment of the quarterly report of funding in the Nigerian Internet space sees companies raising at total of $35.5 million, which is less than what we saw in the second quarter.

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Out of Cotonou, EtriLabs’ new generation startups are building for the world

Located in the suburb of Cotonou, inside a magnificent white duplex overlooking Cadjehoun Airport’s runway, is EtriLabs, one accelerator at the forefront of the silent uprising of Benin’s technology revolution.

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Depuis Cotonou, les startups nouvelle génération d’EtriLabs se développent pour le reste du monde

Situé dans la banlieue de Cotonou, à l’intérieur d’un magnifique duplex blanc avec une vue donnant sur la piste de l’aéroport de Cadjéhoun, EtriLabs est un accélérateur à l’avant-garde du décollage silencieux de la révolution technologique du Bénin

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What’s happening with the CcHUB’s ₦1 billion Growth Capital fund?

In January 2016, the CcHUB Growth Capital fund (GC fund) launched with the goal of raising ₦1 billion ($2.75m) within 24 months. The timeline having elapsed this January, the fund has only garnered ₦280 million. Here’s what we know so far

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Protecting your startup from shark investors

When pitching to potential investors, startup founders seek out favourable terms. This article by Techpoint Publishing Partner, Babalakin and Co highlights some precautions they can take to achieve this.

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From Ethiopia to the world, Apposit is equipping businesses with world-class technology systems

Apposit is an Ethiopian-based software development company responsible for building technology systems for Nigeria’s Paga and many other businesses in Ethiopia.

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In spite of territorial challenges, Togo’s first incubation lab, WoeLab is advancing with purpose

WoeLab is the first technology incubation and fabrication lab in Togo. Situated in the capital city of Lomé, the lab is focused on creating sustainable technology in a local context by utilising materials from the local environment

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Malgré les défis territoriaux, le premier laboratoire d’incubation du Togo, WoeLab, progresse avec détermination

WoeLab est le premier laboratoire d’incubation et de fabrication de technologies au Togo. Situé dans la capitale Lomé, le laboratoire se concentre sur la création de technologies durables dans un contexte local en utilisant des matériaux issus de l’environnement local

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Assessing the Facebook Nigeria Initiative, 4 months after NG_HUB launch

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

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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.

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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.

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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.

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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.

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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

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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 System.

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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.

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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.

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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 regulatory risks that can prevent investments.

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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 suddenly stopped. We did some digging to find out why.

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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 space.

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