Prospa, a YC-backed Nigerian startup offering software and financial services to entrepreneurs and micro-businesses, has announced it closed a $3.8 million pre-seed investment, which was oversubscribed by 380%. The round was backed by venture funds Global Founders Capital and Liquid 2 Ventures. Leading entrepreneurs also participated in the round including […]
Innovation
MTN Group, Africa’s largest telecommunications provider and Flutterwave, Africa’s leading payments technology company has announced a mobile money partnership. This partnership will allow businesses integrating Flutterwave in Cameroon, Côte d’Ivoire, Rwanda, Uganda and Zambia to receive payments via MTN Mobile Money (MoMo). MTN MoMo is a fintech platform providing consumers […]
Motomedia, an advertising company, has launched an interactive outdoor-LED screen. In a statement, the company said its interactive outdoor-LED screen was the ‘AI Screen.’ The company said the AI Screen was an outdoor advertising display that would provide brands a platform to engage, interact and personalise campaign messages directly to […]
OPay, an Africa-focused digital payment startup founded by a Chinese entrepreneur, announced a $400 million funding round led by SoftBank Vision Fund 2, valuing the company at $2 billion. Sequoia Capital China, Source Code Capital, Meituan-backed (3690.HK) fund Long-Z, Redpoint China, and 3W Capital are among the other investors in […]
As a feature of Galaxy Backbone Limited (GBB’S) obligation to help local contents and innovations, the organization has banded together with Newwaves Ecosystem, an inventive Digital Company, to adopt online conference platform Konn3ct in the public sector space in accordance with the local content drive of president Buhari’s administration. Konn3ct […]
CECAD World Wide Web Day 2021 held at Radisson Blu Hotel, GRA, Ikeja Lagos.
The invaluable impact of the Worldwide Web to businesses, products and service delivery in today’s world can no longer be overemphasised. Little wonder as the preparations for this year’s global celebration for the Worldwide Web Day 2021 draws closer, more individuals, institutions and the Organised Private Sector have continuously confirmed […]
As preparations for the novel Internet Day celebration 2021 continues globally, the Centre for Cyber Awareness and Development (CECAD), promoter and organisers of the event in Nigeria has continued to receive more endorsements according to a statement by Dr Bayero Agabi, President of the foremost internet safety, awareness and training […]
According to a central bank of Nigeria official, Nigeria may deploy a central bank digital currency (CBDC) before the end of 2021. According to local media reports, Rakiya Mohammed, an information technology specialist at the Central Bank of Nigeria (CBN), revealed that the bank has been considering a CBDC for […]
The Google for Startups Accelerator Africa is a three-month accelerator program for Seed to Series A technology startups and African entrepreneurs across the African continent. The accelerator aims to provide the best of Google’s programs, products, people, and technology to entrepreneurs who are using or planning to use machine learning and […]
