Nigeria

Nigerian real estate firm Landwey acquires 25% stake in proptech platform Vistafront

Nigerian real estate investment firm Landwey has acquired a 25% stake in Lagos-based proptech platform Vistafront. Vistafront’s LinkedIn profile states that it was founded…

Lagos based startups to get access to more support with launch of second Seedspace

Swiss-based emerging markets startup competition Seedstars has announced that it will next month open a second Seedspace co-working hub in Lagos, in partnership with Nigerian…

Nigerian Edmund Olotu’s TechAdvance raises $1m from Bahrain investor

Lagos-based payments infrastructure firm TechAdvance has secured $1-million in funding from Bahrain’s Lamar Holding. TechAdvance was founded in 2009 by CEO Edmund Olotu (pictured above) and…

Could Nigeria’s Playfre have figured out a music streaming model that works in Africa?

Leading streaming services around the world generate revenue by selling premium streaming subscriptions to their users. These platforms in turn pay artists royalties according to…

EY, Open Banking Nigeria to develop standard API for country’s fintech sector

Global professional services firm Ernst & Young (EY) has partnered with Open Banking Nigeria to develop a standard Application Programming Interface (API) for the…

Everything you need to know about West African startup landscape [2019 Update]

Update: Are you a venture capitalist or an angel investor looking to invest in a company? Are you an entrepreneur looking for capital or…

Nigeria’s Gokada raises $5.3m Series-A round led by Rise Capital

On-demand motorcyle ride-hailing startup Gokada has announced that it has raised a $5.3-million Series-A round led by San Francisco-based Rise Capital. The Lagos-based startup…

Mastercard expands its Engage programme to include Kenyan, Nigerian fintechs

Global payments tech firm Mastercard has expanded its Mastercard Engage programme to target Kenyan and Nigerian fintechs. The platform, which was launched in 2017,…

SA still Africa’s top startup ecosystem but has fallen 13 places, shows new ranking

South Africa may still have the highest ranked startup ecosystem for an African country, but it is no longer in the top 50 club,…

Up to $175k in total prize money up for grabs in 2019 Bell Labs Prize

Three innovators from around the world stand to win a share of $175 000 in the 2019 Bell Labs Prize. The competition is aimed at proposals that “change the game” in the ICT sector by a factor of 10.

Applications open for Founders Institute Lagos 2019 programme

Silicon Valley-based pre-seed startup accelerator Founder Institute has opened applications for the Lagos 2019 programme.

Two top Nigerian fintechs can win 1m naira in FCMB Tech Pitch Perfect competition

Nigeria’s First City Monument Bank (FCMB) has partnered with Passion Incubator in a search for innovative solutions around e-payment, e-collection and e-savings solutions through the FCMB Tech Pitch Perfect competition.

African tech startups raised over $1.2bn in funding in 2018 – Partech report

A report by French venture capital (VC) firm Partech Africa has found that 146 African tech startups raised $1.163-billion in equity funding last year…

Lagos-based Itanna accelerator opens applications for 2019 programme

The Itanna accelerator, a Lagos-based initiative that invests in tech startups, has opened applications for its 2019 programme. The accelerator, which was launched by…

Nigerian fintech TeamApt raises $5.5m in round led by Quantum Capital Partners

Nigerian fintech startup TeamApt has raised $5.5-million in investment in a Series-A round led by Nigerian venture capital (VC) company Quantum Capital Partners. This,…

‘Real projects will get African regulators to shift stance on crypto, blockchain’

Entrepreneurs who help develop real projects on the blockchain is what is likely to drive African regulators to begin regulating cryptocurrency and blockchain. So,…

Accion Venture Lab launches second edition of Company Builder programme

Accion Venture Lab, the seed-stage investment initiative of global non-profit Accion, has launched the second edition of its Company Builder programme, applications for which…

MMH Accelerator to offer up to €50k in funding to African healthtech startups

Selected Ghanaian, Kenyan and Nigerian late stage healthtech firms — including those solving for animal health — stand to benefit from up to €50 000 in funding from this year’s Making More Health (MMH) Accelerator programme.

Nigeria’s Wakanow secures $40m investment from The Carlyle Group

In what is one of the biggest disclosed deals this year, Lagos-based online travel company Wakanow.com has secured a $40-million equity investment from US alternative asset manager The Carlyle Group.

Kobo360 lands $6-million equity investment from World Bank’s IFC

The IFC, a member of the World Bank Group, has announced a $6-million equity investment in Nigerian tech startup Kobo360. The startup’s e-logistics platform helps…

Nigerian startup Edves secures $120k funding from Chinook Capital, CcHub fund

Lagos-based edtech startup Edves has announced that it has secured a $120 000 seed round from two Nigerian investors: Chinook Capital and Co-creation Hub’s…

Fintech platform Mines raises $13m in Series-A round led by The Rise Fund

US-based fintech Mines — which was founded by a Nigerian team — has raised $13-million in a Series-A round led by US impact investor The Rise…

Lessons from a business sale that didn’t quite go right – Farmcrowdy founder

His business may have raised a $1-million round from Silicon Valley investors in December last year. But Farmcrowdy founder Onyeka Akumah says he learnt how…

Google Photos will now let you search for text in your camera roll

YouTube to discontinue direct messages feature in September

Google ditches the desserts in its biggest Android rebrand yet

Are these six, SA’s most important venture capitalists?

Healthtech platform Hospitalia wins Seedstars Cairo

Nigerian real estate firm Landwey acquires 25% stake in proptech platform Vistafront

New features coming to Google Assistant on Lenovo Smart Clock

Apple’s next ‘Pro’ iPhones to feature improved cameras, shatter-resistant screen

New firmware updates available for Canon EOS R and EOS RP

Audi’s new cars in Germany will count you down, pace you to green lights

Two Ford Focus trim levels also found to have lock issues

South Africa’s govt ministers really love German cars and big Toyotas report reveals

Nigeria

Nigerian real estate firm Landwey acquires 25% stake in proptech platform Vistafront

Lagos based startups to get access to more support with launch of second Seedspace

Nigerian Edmund Olotu’s TechAdvance raises $1m from Bahrain investor

Could Nigeria’s Playfre have figured out a music streaming model that works in Africa?

EY, Open Banking Nigeria to develop standard API for country’s fintech sector

Everything you need to know about West African startup landscape [2019 Update]

Nigeria’s Gokada raises $5.3m Series-A round led by Rise Capital

Mastercard expands its Engage programme to include Kenyan, Nigerian fintechs

SA still Africa’s top startup ecosystem but has fallen 13 places, shows new ranking

Applications open for Founders Institute Lagos 2019 programme

Two top Nigerian fintechs can win 1m naira in FCMB Tech Pitch Perfect competition

African tech startups raised over $1.2bn in funding in 2018 – Partech report

Lagos-based Itanna accelerator opens applications for 2019 programme

Nigerian fintech TeamApt raises $5.5m in round led by Quantum Capital Partners

‘Real projects will get African regulators to shift stance on crypto, blockchain’

Accion Venture Lab launches second edition of Company Builder programme

MMH Accelerator to offer up to €50k in funding to African healthtech startups

Nigeria’s Wakanow secures $40m investment from The Carlyle Group

Kobo360 lands $6-million equity investment from World Bank’s IFC

Nigerian startup Edves secures $120k funding from Chinook Capital, CcHub fund

Fintech platform Mines raises $13m in Series-A round led by The Rise Fund

Lessons from a business sale that didn’t quite go right – Farmcrowdy founder

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