Nigerian fintech startup Mono has raised a $500,000 pre-seed funding round to help it build its team and expand to new markets. Founded in August, Mono helps digital businesses in Africa access their customers’ financial and identity data Its plug-and-play technology allows customers like Flutterwave, Carbon and Indicina to access a broad range of high-quality […]
Read MoreIFC, a member of the World Bank Group, has partnered Nigerian logistics startup Kobo360 to announce an open call for innovators from around the world to bring climate-smart, temperature-controlled logistics (TCL) cooling solutions to Nigeria to help the country address food waste challenges, support its health sector, and reduce its energy consumption. IFC, which is […]
Read MoreThe Independent Corrupt Practices Commission (ICPC) has inaugurated a unit at the Nigerian Communications Commission (NCC) to support the accountability and transparency efforts of the NCC. Consequently, the Commission has pledged to continually maintain high ethical standards in all its regulatory activities consistent with the Federal Government’s efforts to entrench the culture of accountability and […]
Read MoreNigerian fintech startup Blueloop has taken on $77,000 in pre-seed funding this year as it builds Flux, a mobile app for crypto-based cross-border payments. Founded by Ben Eluan, Osezele Orukpe and Israel Akintunde, Blueloop is the company behind Flux, a mobile payments app for cross-border payments using cryptocurrencies. Using Flux, individuals and businesses can send […]
Read MoreWith a global pandemic, devastating wildfires, racial tension, and political divide, it is not surprising that 2020 was named the most challenging year in the past decades. The year has been grim for data privacy as well, with leaked personal data records reaching numbers the world has never seen before. Atlas VPN analysis based on […]
Read MorePan-African telecoms group, Liquid Telecom has appointed Wole Abu as Chief Executive Officer for Liquid Telecom Nigeria and its new Africa Data Centre (ADC) in Nigeria, effective January 2021. The organisation had recently acquired a premium piece of land in Lagos to build the data centre, which will be the single largest data centre in […]
Read MoreNigerian startup Indicina, which has developed a data-driven lending platform that digitises the credit value chain, has raised a six-figure US dollar funding round as it looks to further build out its product. Founded in 2018, Indicina helps both bank and non-bank lenders apply a data-driven approach to credit underwriting at scale, providing new insights […]
Read MoreA Kenyan smart addressing startup OkHi has launched in Nigeria alongside strategic partner and new investor Interswitch Group, aiming to tackle a problem that costs Nigerian businesses an estimated $2 billion a year-the lack of postal addressing infrastructure. Co-founded in 2014 by Timbo Drayson, who while at Google led the launch of Google Maps across […]
Read MoreIn line with its ongoing initiative to ensure a sustainable telecommunications industry that is responsive to global technological changes as well as national consumer preferences, the Nigerian Communications Commission (NCC) has instituted and endowed Professorial Chairs to the tune of N40 million in two more Nigerian universities. The two universities include the premier University of […]
Read MoreAmid the slow recovery of COVID-19, it may be tempting for companies to stick with what is comfortable and delay ambitious digital transformation projects until more stable times. However, leading data and analytics company GlobalData notes that this would be a mistake. History shows that companies that tech-enable their businesses during a recession tend to […]
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