JICA
Accelerator Startup

8 Nigerian Startups Join JICA NINJA Accelerator Programme

At the height of the COVID-19 pandemic, economic activities shrank on a global scale. A drastic decrease in revenue generation

SolarX Africa
Funding Investment Renewable Energy Startup Venture Capital

Malian Solar Startup, SolarX Africa Raises Additional Funding From Energy Access Ventures

SolarX Africa, a Malian solar startup, has announced the closing of additional funding from Energy Access Ventures (EAV), an early-stage

EscrowLock
Fintech

Nigerian Fintech Startup, EscrowLock Among Winners of $100m Facebook Grant

EscrowLock, a Nigerian fintech startup, has been named among the winners of the $100 million global business grant from Facebook.

5G
Internet Technology

Nigerian Senate Asks FG to Suspend 5G Deployment

The Nigerian Senate has asked the federal government to suspend plans to deploy fifth-generation (5G) network technology in Nigeria till

MTN
Mobile Money Partnership Payment

MTN South Africa Sign $2m Partnership With IFC to Expand Mobile Money Business

MTN South Africa has signed a $2 million partnership with the World Bank’s International Finance Corporation (IFC) to expand its mobile

Ascent
Funding Venture Capital

African Private Equity Fund Manager Ascent Announces Close of Ascent Rift Valley Fund II

African private equity fund manager Ascent has announced the first rolling close of its Ascent Rift Valley Fund II (ARVF II) at

Homzmart
Funding Investment Venture Capital

Egyptian Furniture Marketplace, Homzmart closes $15m Series A Round

Homzmart, the Egyptian furniture & home goods marketplace, has announced that it has successfully closed its $15 million Series A

Mastercard
Business Payment SMEs

Mastercard Launches SME Dining Series Campaign “Start Something Priceless”

Mastercard has announced the launch of its SME Dining Series in support of small businesses in Abuja and Lagos. The

Clubhouse
Report

Clubhouse Gets Thumbs Up on Android, but Thumbs Down on Social Media [Analysis]

In the midst of the COVID-19 pandemic, new social media platforms, such as Clubhouse, have been welcomed with open arms

Startup
Feature Technology Venture Capital

Why a Wave of Technology Giants Will Come From Africa

Ian Lessem, Managing Partner at HAVAÍC, investors in early-stage, high-growth technology businesses, notes a significant increase in investment demand for African