StartUps

Designing Digital Products for Market Relevance: A Strategic Framework for Founders

Too many digital products launch with a bang, only to fade into obscurity within months. The reason is that they missed the market. It’s not a lack of passion. Founders are passionate. It’s not even a lack of technical skill. Many have great developers. What’s often missing is a repeatable, strategic approach to designing products […]

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Technology

Mecho Autotech Bids for Nigeria’s Multi-billion Dollar Automotive Market

Nigerian on-demand auto repair and maintenance platform Mecho Autotech is set to introduce new products, as it seeks to garner a significant share of the country’s multi-billion dollar automotive aftersales and maintenance market. The start-up, which runs a digital platform that connects business-to-business and business-to-customers with in-house and third-party mechanics, announced yesterday it will soon […]

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News

African Start-ups Shine at Milken-Motsepe Agritech Challenge

African start-ups recently scored big in technology, as they emerged as this year’s winners of the Milken-Motsepe prize in agritech. The Patrice Motsepe Foundation and the US-based Milken Institute has announced the winners of their flagship agritech competition. This is the first of a series of multiyear, multimillion-dollar innovation competitions and programmes by the two […]

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FinTech

Three Nigerian Startups Make Final 45 Lists of AfricaTech Award

Three of Nigeria’s Startups have made it to the top 45 list of the Viva Technology and the International Finance Corporation (IFC) of the second AfricaTech Award. The organisers announced that Blackcopper, Curacel and Checkbit are among the top 45 startups long-listed for the second edition of the AfricaTech Awards, a pan-African initiative recognising companies […]

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Business

Agropartnership Farmforte ‘Flee’ With Investor’s N2.25m

Nigerian agribusiness platform Agropartnership startup, that went out of public glare over default of customers’ investment have apologised. The duo of Uyi Osayimwense and Osayi Osazuwa, founders of the agribusiness platform Agropartnership, were last seen in public on February 16, 2022, when Osayimwense apologised publicly to their numerous investors in a social media video. According […]

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News

Ridesharing Mobile App Nairaxi Wins NCC’s Young Innovators Competition

Ridesharing mobile app that enables users to request taxi and bus rides tagged, Nairaxi has emerged over all winner at the young innovators’ competition organized by the Nigerian Communications Commission, which held at the Digital Bridge Institute, Oshodi, Lagos recently. The company, which took the coveted prize with value of N2 Million, made up of […]

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News

Nigeria’s Insurtech Startup Curacel with About $100m Claims Record Secures $3m North African Fund Expansion

Nigeria’s insurtech startup Curacel, an AI-powered platform for claims processing and fraud management in Africa, has secured US$3 million in seed funding to roll out new solutions and support its expansion into North Africa. Formed in 2017, Curacel automates the insurance claims process, allowing staff to process claims volumes quickly and efficiently, and automatically vets […]

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Business

Nigeria’s HR Tech Startup Pade HCM with Over 10,000 Employees Secures $500k Expand Fund

Nigerian HR tech startup, a software-as-a-service (SaaS) company with a mission to build the simplest and most efficient people operations platform, has closed a $500,000 pre-seed funding round to expand its operations. Founded in December 2020 by Seye Bandele and Lekan Omotosho, Pade HCM automates and simplifies HR processes. The startup has so far helped […]

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FinTech

Catalyst Fund Unveils $2m Investment into 10 African Startups to Accelerate Climate Change Adaptation & Resilience

Mama Money, a rapidly growing fintech that offers cross-border money transfer and banking services has partnered with AFC Commercial Bank, a market leader in Zimbabwe with a reliable and robust payout network. This partnership allows Mama Money customers to easily send money to any AFC Commercial Bank branch for cash collection at 45 locations across […]

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StartUps

Female-Only VC firm ShEquity Plans West African Fund & Accelerator

Female-focused VC firm ShEquity is launching the ShEquity West Africa VC Fund and the ShEquity Business Accelerator (SHEBA), offering female founders funding as well as venture building and technical support. Launched this year to help reduce the US$42 billion gender funding gap in Africa, ShEquity combines cash investment, structured technical support and access to high […]

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