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 […]
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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 […]
The Minister of Communications and Digital Economy, Isa Ali Ibrahim (Pantami) gets the Federal Executive Council approval on Fifth Generation (5G) Networks for Nigeria’s Digital Economy. This was revealed in statement signed by the Technical Assistant (on Information Technology) to the Honourable Minister of Communications and Digital Economy, Dr Femi […]
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 […]
A tech enthusiast and pioneer promoter of the digital economy, Dr. Bayero Agabi has advised Nigerian youths to shun all forms of illegitimate internet scams and embrace digital innovations, stressing that there is lot of money to be made legitimately leveraging the Internet. Dr. Bayero gave the advice while […]
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 […]
The Special Fraud Unit of the Police in Lagos has arrested a suspected internet scammer, who hacked the accounts of first bank and defrauded the bank of a whopping sum of N1.868 billion. The suspected hacker, Femi Salau, and his accomplices, two bureau de change operators, were arrested by the […]
CECAD World Wide Web Day 2021 held at Radisson Blu Hotel, GRA, Ikeja Lagos.
Ola Williams replaces Akin Banuso, who is the Enterprise Commercial Lead for the Middle East and Africa – Multi market region. Ola was previously the Specialist Sales Leader, working with the extended team and the company’s partner organizations to grow cloud revenue across enterprise customers. Ola will lead Microsoft’s efforts to accelerate Nigeria’s […]
