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Seamfix secures $4.5 million in first fundraising round, to expand beyond Nigeria
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Editor's pick
Seamfix secures $4.5 million in first fundraising round, to expand beyond Nigeria
Seamfix, an identity solutions company founded 17 years ago, recently secured $4.5 million from Alitheia IDF, its first institutional investor. This investment is pivotal as Seamfix aims to broaden its operations beyond Nigeria due to currency challenges impacting revenue growth. Chimezie Emewulu, Seamfix’s CEO, expressed concerns about revenue growth when viewed in dollars due to […]
Read moreUTME Triumph: Village students achieve great heights
The CEO of Educare, an education technology company, told how his platform helped some students achieve 200 or higher on the 2024 Unified Tertiary Matriculation Examination (UTME). Onyia, who tweets on X.com under the account @winexviv, claimed late Tuesday that his “investment” had paid off because “none of the students scored below 200 in their […]
READ MOREFeatured articles
6 Prospective Grant Opportunities for African Startups
By Staff WriterSeven essential tools to launch and grow your startup
By Staff WriterHow new YouTube shopping feature is competing with TikTok
By Felicia AkindurodoyeTech Tv
Nigeria Govt Introduces Ai Tool, Tlcom Capital Raises $154m For African Start-ups Investment.
Trending in Africa tech space
Experts discuss cloud computing, Cybersecurity at Africa Cloud and Security Summit
At the Africa Cloud and Security Summit, renowned experts in cloud computing and cybersecurity discussed the rapid rise of cloud computing and the relevance of cybersecurity in Africa for a day of debates and presentations. The Summit also gathered the best of the tech sector, including policymakers, industry experts, CIOs, ClSos, senior IT executives, and […]
READ MORERenda raises $1.9 million pre-seed
Renda, a logistics startup, has raised $1.9 million in pre-seed equity and debt funds. Ingressive Capital led the $1.3 million equity investment, which also included Techstars Toronto, Founders Factory Africa, Magic Fund, Golden Palm Investments, Reflect Ventures, and Vastly Valuable Ventures, according to a statement from the company. Founders Factory Africa and SeedFi provided the […]
READ MORENigeria’s Federal Housing Authority launches digitisation drive
In a significant move towards technological advancement, the Federal Housing Authority (FHA) initiated its digitisation drive on May 1st, 2024. The Managing Director and Chief Executive, Hon Oyetunde Ojo, officiated the ceremony at FHA’s headquarters, marking the beginning of the organisation’s transition towards becoming an entirely digitised entity. Hon Ojo highlighted the importance of embracing […]
READ MOREEconet launches Zimbabwe’s first free remittance corridors
Econet Wireless, Zimbabwe’s most prominent tech and phone company, has opened two free ways for people to send money into the country. Senders and receivers will not have to pay anything. It’s the first time this has happened in Africa. A relationship between Econet and its sister company, Sasai Money Transfer, will let people and […]
READ MORETech CEO of the week: Olugbenga Agboola
In the heart of Africa’s bustling fintech landscape stands a visionary leader, Olugbenga Agboola, also known as “GB”, a Nigerian software engineer and entrepreneur. As the co-founder and CEO of Flutterwave, born in 1985, Agboola embodies innovation and determination in revolutionising financial services across the continent. Read also: Teen World Foundation to host Teen Tech […]
READ MORETwiga Foods Announces Jumia’s Charles Ballard as New CEO
Nairobi-based agritech company Twiga Foods has named Charles Ballard its new CEO, starting May 1. In his new job, Charles Ballard, a well-known figure in e-commerce, brings much knowledge from working in retail and financial services. With a lot of experience in the company, he comes to Twiga Foods from Jumia Kenya, where he was […]
READ MOREFintech
Moniepoint and Paga, two prominent financial services providers in Nigeria, have notified customers of account closure if found facilitating cryptocurrency transactions. The move follows the recent directive from the Central Bank of Nigeria (CBN) instructing certain banks, including Moniepoint, to halt new customer onboarding. Read also: OPay, Kuda, Moniepoint, others pause signups amidst CBN probe […]
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Cryptocurrency
Nigeria’s Federal Government, through the Securities and Exchange Commission (SEC), has announced plans to delist the naira from all Peer-to-Peer (P2P) platforms. This move aims to reduce the manipulation of the local currency value in the foreign exchange market. Emomotimi Agama, the SEC’s Director General, revealed this decision during an interactive session with the Nigerian […]
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Product Review
With the iPhone 16 leaks making headlines, anticipation for Apple’s latest smartphone release is at an all-time high. Among the plethora of leaked details, one aspect that has caught the attention of tech enthusiasts is the reported battery capacities. Let’s delve into the revelations provided by analyst Majin Bu and explore the potential implications for […]
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Startups
Madica, a pioneering investment initiative, has unveiled its inaugural investments in three groundbreaking startups. This strategic infusion of capital, up to $200,000 for each venture, is part of a broader commitment to nurture early-stage African innovation through comprehensive support over 18 months. Madica, which emerged in 2022 under the auspices of Flourish Ventures, operates with […]
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Tech with Pelumy
After coming across the article that Nigeria is one of the leading countries that pray globally, exploring Artificial Intelligence and religion within the technology sphere became fascinating. Nigeria is highly religious, with a strong affinity for different beliefs that usher its citizenry to spirituality and communion with the world beyond. No topic, establishment, social discourse, […]
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AI
The need for jobs related to artificial intelligence has grown substantially in the past few years. The report on ‘the Future of Jobs’ by the World Economic Forum states that, over the next five years, the most rapidly expanding occupations will be those involving artificial intelligence and machine learning. The need for experts in artificial […]
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