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The growth of on-demand delivery in Nigeria has been fueled by rising smartphone and internet penetration, improved digital payments infrastructure, and evolving consumer preferences. With traffic congestion a persistent challenge in major urban centres, the convenience of having food and other goods delivered has become increasingly appealing to Nigerian...
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Chipper Cash launched its US remittance service to empower the African diaspora. However, a terminated bank partnership halted its international money transfer services from the United States....
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Today, the Google for Startups Black Founders Fund announces the selection of 25 African startups. Notably, 72% of these startups are led or co-founded by women, showcasing a strong representation of female leadership. The selected startups demonstrate diversity not only in their leadership composition but also in their geographical...
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Partech Africa, the VC fund dedicated to technology startups in Africa, has issued its annual report on Africa Tech Venture Capital. The report, which aims to provide a practical picture of the state of the ecosystem, revealed that despite the global VC downturn, the African tech ecosystem grew faster...
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Stears, a Nigerian data and intelligence company, has raised $3.3 million to address Africa’s data shortage. A Nigerian data and intelligence company, Stears has raised $3.3 million to expand into East and Southern Africa, improve its data collection and analytics capabilities, and acquire talent. MaC Venture Capital led this...
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The Suzuki brand of vehicles from CFAO Motors and Vehicle Financing startup, Moove received zero safety ratings and are declared dangerous for our roads. For its mobility entrepreneurs in Ghana and Nigeria, Moove, an African mobility fintech firm, partnered with CFAO Motors, the continent’s most prominent automotive distribution network...
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The Central Bank of Nigeria (CBN) has approved Abeg App, a Piggytech Global Limited product, as a Mobile Money Operator in Nigeria. Abeg Technologies Limited, a division of Piggytech Global Limited, has been given approval in principle (AIP) by the Central Bank of Nigeria (CBN) to operate as a...
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Impact Hub Accra’s Betaraise Accelerator has accepted ten promising startups from Accra, Nigeria, and the US. With a minimal-frills approach and a laser focus on aiding first-time founders with no prior expertise in raising money, the Betaraise accelerator is made to help first-time founders move from launching a beta...
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Discover how Edves transforms Nigerian education with innovative Educational Technology solutions by Dimeji Falana and team. In a recent interview with Dimeji Falana of Edves, a leading EdTech company in Nigeria, we delve into their innovative approach to digitizing school operations and transforming the educational landscape in Africa’s most...