• Abeg-App-Piggyvest-2

    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...
  • Uber

    Uber Surpassed one billion rides across Africa.

    Uber has reached a significant milestone by clocking one billion rides across all of its African markets per reports. Uber announced today that it has completed 1 billion rides across all of its African markets. According to the company’s press release, this feat equates to more than 10 billion...
  • 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,...
  • Kenyan-based payroll startup, Workpay, expands to Nigeria.

    Workpay, a Nairobi-based YC graduate, is expanding operations to Nigeria to offer Core HR, Payroll, and employee record services. Workpay, which was founded in 2019, enables SMEs to conveniently manage and pay their employees from anywhere in Africa. People may log time, perform a locally compliant payroll, and pay...
  • 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...
  • 31 African startups selected for Smart Cities Innovation Programme

    Thirty-one African digital innovation startups have been chosen to participate in the Smart Cities Innovation Programme taking place in Kigali, Rwanda. Thirty-one African tech startups have been selected to take part in the Smart Cities Innovation Programme, which will help them scale up their products and services to boost...
  • Meet Africa’s New Generation of Health Innovators.

    The Africa Young Innovators for Health Award is IFPMA and Speak Up Africa’s flagship programme to provide young entrepreneurs in the healthcare sector an opportunity to develop their business ideas and advance promising solutions to support, equip, protect, and train healthcare workers. Applicants must be 18 to 35 years and be...
  • Fintech: pawaPay Closes on Seed Funding of $9M co-led by MSA, 88mph and Others.

    pawaPay originated as part of the payments of pawaTech, a UK software company with more than a decade of experience building Mobile Money solutions for African markets. In early 2020, pawaPay was spun out as a standalone business with the backing of the investors behind pawaTech. Today, pawaPay is already...