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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... -
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,... -
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... -
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, 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... -
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... -
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... -
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... -
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...
