Business

Nigeria’s Trade Finance Startup, FrontEdge Raises $10m for Africa’s Cross-Border Biz

Nigerian trade finance startup FrontEdge, which helps facilitate cross-border trades for African SMEs, has raised $10 million in debt and equity funding to scale operations across Nigeria, Kenya and other African countries. Founded in 2021 by Moni Alli, Front Edge specialises in providing working capital solutions and software tools for exporters and importers in emerging markets. The […]

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Technology

SAP Recommits to UNICEF  Partnership Education Initiative for Young People in Nigeria, Kenya & Others

SAP, has reaffirmed its commitment to youth skills by profiling its SAP Educate to Employ initiative, and public-private partnership with UNICEF and government. The initiative forms part of SAP’s global commitment to supporting UNICEF’s Generation Unlimited (GenU), a public-private-youth-partnership that aims to deliver innovative solutions to challenges youth face around the world. In the region, […]

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Business

Food e-commerce Startup Pricepally Secures $1.3m Funding

Nigerian Food e-Commerce startup Pricepally, a fresh and packaged platform, has secured $1.3 million in seed funding to help it scale. Launched in 2019 by Luther Lawoyin, Jumai Abalaka, Deepak Bansal and Monsunmola Adefemi, Pricepally sources farm-fresh produce and distributes it via its e-commerce platform. By bridging the gap between producers and consumers, Pricepally ensures […]

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Business

NITDA’s Mandate Exceeds Digital Economy, Includes Digital Space Says Inuwa

“Our mandate is not just about digital economy but transformation of the digital space and how we can empower and enhance productivity across all sector,” the Director General, National Information Technology Development Agency, (NITDA) Kashifu Inuwa, has said. According to Inuwa, Nigeria’s focus is beyond digital economy because of the pervasive nature of digital technology […]

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Technology

Zoho Grows Nigerian Operations by 50% in One Year, Unveils Fresh Business Portfolios

Zoho, a global technology company, said that it grew by 50% in Nigeria in 2022. The company, as part of its Zoho for Startups programme, has also partnered with #StartupSouth, an organisation that works towards the development of startups from South and South-East Nigeria. Zoho will also be providing its contract management solution, Zoho Contracts, […]

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Software

Two US Base Nigerian Students Develop Relocation & Visa Processing APP

Nigerian-founded startup Guideli is a settlement management tool that provides tailored relocation resources and simplifies the convoluted visa processes. And the idea for it came about when its two co-founders relocated to the United States (US) to study. Founded by Daniel Jayeoba and Oyebade Adepegba, Guideli leverages AI to empower immigrants and guide them every […]

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Business

Nigeria’s UfarmX Enters Senegal to Fast-track Farmer’s Business Through Blockchain

Nigerian agri-tech startup UfarmX, which leverages blockchain technology to empower rural, unbanked and underserved smallholder farmers, has expanded to Senegal as it aims to reshape perceptions about agriculture, positioning it as an appealing, contemporary, and profitable career option for the younger generation. At its heart, UfarmX is a “digital bridge, an enabler, and a catalyst […]

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Technology

NITDA’s COURSERA COHORT 2 Gets Digital Skill-Tool to Boost Business

Top ten learners of the cohort 2 NITDA-COURSERA Training Programme who were the first to successfully complete their professional certification have been rewarded with digital skills-tool to boost the skills they have acquired from the training. Director General of the National Information Technology Development Agency (NITDA), Kashifu Inuwa who presented the tools to the startups […]

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TechEntertainment

Tech Startup Secures World’s Largest Funding of $1m within 4 Weeks for Smart Ring

Muse Wearables, an Indian tech startup founded by graduates of IIT Madras and NIT Warangal, is poised to revolutionize the wearable technology industry with the global launch of ‘Ring One.’ Ring One was launched on Indiegogo on September 26th and set a world record by reaching its goal of raising $1 million USD within 4 […]

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Business

Three Nigerian Startups Cart Home N30m Prize at Talent Hunt

Three companies, out of 81 companies that contested at the Nigerian Communication Commission’s inspired technology innovation talent hunt competition, shared the N30 million prize money equally. Nine other shortlisted companies went home with N500,000 consolation prizes each. Solaris GreenTech Hub, Knownow Africa Limited and Specxs Care Limited, came bright at the 2023 NCC’s Annual Hackathon Competition, […]

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