• 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...
  • 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...
  • Eleven African Startups Selected for 2021 Y Combinator Summer Batch

    Eleven African startups have been selected for 2021 ‘s Y Combinator’s Summer Batch, with Nigeria leading the pack with four startups. An American seed funding accelerator, Y Combinator which invests $125k in selected startups in exchange for 7% equity every two years, has announced eleven African startups for the 2021...
  • Nigeria’s Green Africa Airways Commences Operation After Receiving AOC

    Nigeria’s Green Africa Airways led by Founder & CEO Babawande Afolabi to commence operations after receiving its Air Operator Certificate (AOC) from the Nigerian Civil Aviation Authority (NCAA). On August 9th, Green Africa Airways finally received its Air Operator Certificate (AOC) from the Nigerian Civil Aviation Authority (NCAA). The...
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