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    Nigeria’s Abeg App Gets Mobile Money Operator Approval, Rebrands to Pocket App

    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...
  • 10 Startups Selected Into Impact Hub Accra’s Betaraise Accelerator.

    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...
  • Nigeria’s Lemonade Finance Secures $725k pre-seed Funding Round.

    Nigerian fintech startup, Lemonade Finance, has raised $725K in pre-seed funding for a project aimed at improving access to financial services for African diaspora investors. Nigerian fintech startup Lemonade Finance has secured a US$725,000 pre-seed funding round. The round was led by Y Combinator and other investors Ventures Platform,...
  • E-Naira, Africa’s First Digital Currency, Launched in Nigeria.

    Africa’s largest economy, Nigeria has launched the continent’s first digital currency, the e-Naira issued and regulated by the Central Bank of Nigeria. Nigeria, Africa’s largest economy, has introduced the e-Naira, the continent’s first digital currency. They join a select group of countries around the world that have adopted the...
  • Sendbox Raises $1.8 Million to Digitize Deliveries For African SMEs.

    Sendbox, a Nigerian peer-to-peer delivery platform for social commerce, has secured $1.8m in a seed funding round to scale operations. A Nigeria-based e-commerce fulfillment platform for merchants in Africa, Sendbox has today announced the completion of a $1.8 million seed round from investors including 4DX Ventures, Enza Capital, FJLabs...
  • Nigeria’s Plentywaka Raises $1.2 million and acquires Ghana’s Stabus.

    Nigerian mobility startup, Plentywaka has raised $1.2 million in seed funding after successfully completing the Techstars Toronto Accelerator Program in July 2021. Stabus, a Ghanaian mobility startup, was also fully acquired by the startup. Isidore Kpotufe founded PlentyWaka in 2019 as a bus-hailing solution that allows commuters to book...
  • Reselr.com, a reselling platform made easy, debuts operations in Nigeria

    A social commerce platform that connects people to sell, resell and buy products or bookings, Reselr has launched its services in Nigeria. reselr.com is a new online platform that makes it easy to sell anything you have quickly and securely. From one-time individual sales to full-time sales support for businesses...
  • Google Partners With Maliyo Games To Launch Game Development Program

    Maliyo Games, a Nigerian company that creates casual mobile games to share the experiences of everyday Africans with a global audience has partnered with Google to host #GameUp Bootcamp in Ghana, Kenya, and Nigeria. Maliyo Games, a Nigerian mobile game developer has announced a partnership with Google to host #GameUp Bootcamp in...
  • Pan-African Fintech Platform AppZone Secures $10m Series A Funding

    Appzone, the Pan-African fintech software announced the close of its $10mn Series A round from V8 Capital, Lateral Invest Partners & others. Led by CardinalStone Capital Advisers with participation from V8 Capital, Lateral Investment Partners, Constant Capital, and Itanna Capital Ventures, the new round will bolster investment in Appzone’s...