Startups

EXCLUSIVE

Paystack secures $8 million Series A funding round

EXCLUSIVE

Not many startups in Nigeria are investment ready — LAN executive secretary

EXCLUSIVE

Online tutoring marketplace, Prepclass secures significant Series A funding

PrepClass founders

EXCLUSIVE

11 startups unveiled for Google Launchpad Accelerator Africa second cohort

EXCLUSIVE

The rise, fall and imminent relaunch of Eazyhire

EXCLUSIVE

Meet the 30 startups shortlisted for the 2018 edition of Demo Africa in Casablanca

EXCLUSIVE

Confirmed: Zoto has shut down operations in Nigeria

EXCLUSIVE

Microtraction makes third investment in edtech startup, Allpro

EXCLUSIVE

Gokada is looking to be more than a motorcycle on-demand company

Gokada

EXCLUSIVE

Fintechs are getting a delicious piece of the financial services pie but Nigerian banks are not worried

EXCLUSIVE

GreenHouse Capital launches what is perhaps Nigeria’s first female-focused tech accelerator programme

EXCLUSIVE

9 Nigerian entrepreneurs who gave up on their prominent startup

EXCLUSIVE

Mines secures $13m to expand its digital credit platform within and outside Africa

EXCLUSIVE

Abuja-based startup, Mart.NG wants to deliver your groceries in 59 minutes

EXCLUSIVE

Ethiopia now has a 3D runner game and this team made it happen

Qene Technologies team

EXCLUSIVE

Ethiopian-based developer marketplace, Gebeya, acquires mother company

Programmers on the job

EXCLUSIVE

Nigerian energy startup, Rensource secures €500,000 debt financing

solar-energy renewable energy

EXCLUSIVE

Nigerian startup founders need to embrace failure much more than they realise

EXCLUSIVE

Safeguarding your idea before the pitch

EXCLUSIVE

2 Nigerian and 1 Kenyan startup emerge winners of Visa Everywhere Initiative





















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.

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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 their activities. This interview with LAN executive secretary, Nwanne Okafor clarifies what the syndicate has been up to.

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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.

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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

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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.

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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.

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Confirmed: Zoto has shut down operations in Nigeria

Mobile payments platform, Zoto has been off the radar for quite a while now. We have reliable confirmation that the startup has shut down operations in Nigeria.

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Microtraction makes third investment in edtech startup, Allpro

The investment announcement is coming less than 24 hours after Allpro was unveiled as one of the pioneering startups to participate in female-focused tech accelerator, GreenHouse Lab.

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Gokada is looking to be more than a motorcycle on-demand company

Gokada, the newest entrant into Nigeria’s motorcycle hailing space is looking to be more than just an Uber for motorcycles. With an expansive value proposition and vision, read the company’s story.

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Fintechs are getting a delicious piece of the financial services pie but Nigerian banks are not worried

Even though they offer online services that position them almost at par with commercial banks in Nigeria, it appears commercial banks do not see finance companies (fintech startups) as a real threat.

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GreenHouse Capital launches what is perhaps Nigeria’s first female-focused tech accelerator programme

As part of a mission to support African women entrepreneurs, GreenHouse Capital has taken the initiative to launch GreenHouse Lab, arguably Nigeria’s first female tech accelerator programme

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9 Nigerian entrepreneurs who gave up on their prominent startup

Over the years, a considerable number of young internet entrepreneurs have moved on from startups they founded and we once associated them with. Here are eight of them which recently came under our radar.

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Mines secures $13m to expand its digital credit platform within and outside Africa

Mines, a credit-as-a-service digital platform focused on emerging markets has announced closing a Series A funding round of $13 million led by The Rise Fund, a global fund managed by TPG Growth.

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Abuja-based startup, Mart.NG wants to deliver your groceries in 59 minutes

Mart.NG ships fresh fruits, vegetables, hot foods, beverages and other household items to Abuja residents, with a promise to deliver in 59 minutes. But there’s a catch.

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Ethiopia now has a 3D runner game and this team made it happen

In April 2018, Qene Technologies released Kukulu, Ethiopia’s first 3D runner game. Here’s a story of how the company has managed to scale despite many challenges.

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Ethiopian-based developer marketplace, Gebeya, acquires mother company

In the new era, Gebeya will be absorbing CODERS4AFRICA totally within its business model and branding strategy, while expanding rapidly into more African countries

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Nigerian energy startup, Rensource secures €500,000 debt financing

Besides its January investment, Rensource had secured a previous funding round of $1.1 million in 2016. Thus bringing the total investment raised in external funding since that time to $5.5 million.

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Nigerian startup founders need to embrace failure much more than they realise

A look into the concept of ‘failing fast’ and why it is important for Nigerian startup founders to realise that failure isn’t the end but part of the process.

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Safeguarding your idea before the pitch

Techpreneurs, startups and idea owners need to insulate themselves, their ideas, products and offerings from sharks and the vagaries of a harsh business. Techpoint Publishing Partner, Babalakin and Co details how they can go about this.

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2 Nigerian and 1 Kenyan startup emerge winners of Visa Everywhere Initiative

The Visa Everywhere Initiative encourages local fintech startups to deliver solutions around real-life business challenges. Nigerian startups CredPal and Growsel and Kenya’s Mookh Africa fended off competition from nine other contestants to come out victorious in the recently concluded Sub-Saharan Africa edition.

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