Nigeria

Nigerian logistics startup Kobo360 closes $1.2m seed round

Nigerian logistics startup Kobo360 has raised $1.2-million in a seed round led by US venture capital firm Western Technology Investment. The startup, which was…

Ahead of Nigeria’s do-or-die match, here’s what you should know of top fintech Lidya

Tonight’s match pitting Nigeria against Argentina, kicking off at 8pm Central African Time, is arguably the biggest game of the day. The match is…

This is how Ventureburn will celebrate African tech startups this World Cup

The 2018 Fifa World Cup kicks off today. This year’s tournament stands out from previous editions as for the first time video assistant referees will use…

Here’s what you need to know about Nigeria’s tech startup ecosystem

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

All you need to know about AfricArena’s current open innovation challenges

AfricArena, the international African startup and investor conference, currently has six challenges that entrepreneurs from across the continent can apply to. Two close this…

‘Facebook $20k grants via NG_Hub to tackle Nigeria’s innovation gap’ [Q&A]

A lack of financial instruments is holding back innovation in Nigeria, and Facebook aims to address this by providing $20 000 grants to applicants to its new accelerator,…

Nigerian insurtech CompareIN to head to Yale University pitch after winning $150k

Nigerian insurtech startup CompareIN are heading to Yale University in Connecticut in the US, after winning $150 000 at the inaugural VentureClash Lagos, a pitch competition organised…

Nigeria’s top 5 startup moments of 2015

Barring last-minute announcements, it is safe to say the curtains have been drawn on the 2015 startup year in Nigeria. Like previous years, the…

Nitestay’s attempt to stand out in Nigeria’s highly competitive hotel booking space

Even though ecommerce giants Jumia and Konga are still Nigeria’s foremost startup companies, attention is gradually being extended to other sectors as 2015 saw…

Padi is Nigeria’s new hyper-local delivery service

Nigerian internet company Iconway has launched Padi, described as a hyper-local delivery service. It allows people to order products from neighbourhood stores and have…

Changing climates, changing fortunes: what African elections mean for investors

Electoral cycles have long been a sticky issue for Africa’s business communities. Elections often evoke fears that a regime change will bring uncertainty and…

Nigerian last-mile courier service runner-up at TechCrunch Disrupt London

Taking part in the TechCrunch Disrupt event, Nigerian-based last-mile courier Metro Africa Express (MAX) was named runner-up. The event took place from 7 to 8…

Study: impact investment deployed in West Africa amounts to $852m in 2014

The impact investing industry in West Africa may be small, though it is growing, and amounted to US$852-million in 2014. This is according to…

Africa Internet Group face shake-up with ecommerce MDs in Nigeria

Major ecommerce backer Africa Internet Group (AIG) has quietly faced an overhaul of leadership of its online shopping plays in Nigeria. Already, the Rocket…

Beyond insurance: How TopCheck aims to transform Nigeria’s financial services industry

In a country where online sale of services is still arguably unpopular compared to retail and other services, TopCheck is attempting to achieve profitability…

Governance and startups — the Ethiopia experience

Last month, Seedstars World held its first challenge in Ethiopia’s capital city of Addis Ababa and the event featured eleven of the country’s best…

Why startup incubators in Africa just don’t work

I am 100% convinced that the incubation model in Africa is fatally flawed as a method of creating big software companies. Of the nine…

Nigeria online booking space set to heat up with TravelBeta launch

Ex-Jumia and Konga executive Onyeka Akumah and others have launched TravelBeta (“beta” pronounced as pidgin English for “better”), a platform that seeks to disrupt…

CcHub’s Bosun Tijani: ‘Nigeria can’t move forward if we don’t use technology smartly’ [Q&A]

The story of tech entrepreneurship in Nigeria is incomplete without mentioning Lagos-based Co-Creation Hub (CCHub) considering its status as the first extensively recognised incubation…

$1m The Venture competition now open to Nigerian startups

Startups in Nigeria can now compete to win their share of US$1-million from Chivas Regal’s The Venture competition, which aims to ultimately recognise and…

Nigeria’s person-to-person money transfer company Paga bags $13m

The Nigerian person-to-person money transfer company, Paga, has secured US$13-million from renowned international investment firms Adlevo Capital, Omidyar Network, Goodwell West Africa, Acumen Fund,…

5 startups chosen at DEMO Africa to pitch in Silicon Valley

One of the continent’s most-talked about startup events, DEMO Africa 2015, recently concluded with five startups chosen as the winning teams to pitch in…

Broadband Africa Forum 2024

South Africa’s Deskless Workers: A Workforce Under Strain

How AI is Rewriting Urban Planning in Developing Regions

Microsoft launches new Surface devices in new AI era

Honor Magic V3 launches, four things to know

Honor Magic V3, a Guinness world record attempt

Jaguar rebranding creative is crazy – good?

German luxury cars require a rethink for China

Trump wins – Tesla goes beyond $1 Trillion