StartUps

LEAP Africa, Union Bank Open Social Innovators Programme

LEAP Africa and Union Bank have opened applications for the latest cohort of the Social Innovators Programme (SIP), a one-year fellowship for young Nigerian changemakers. Aimed at individuals aged 18-35, the SIP fellowship seeks to attract young Nigerians with innovative ideas capable of transforming local communities with high socio-economic impact. Focused on areas such as […]

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StartUps

Property Investment Platform Vistafront Secures Funding

Nigerian startup Vistafront, a tech platform that allows users to co-fund real estate projects, has raised funding from real estate investment firm Landwey in return for a 25 per cent stake. Vistafront lists vetted real estate investment opportunities for its users to fund, allowing people to invest in real estate from their mobile phones. Units […]

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StartUps

Nigerian Startups for Vodafone Institute’s F-LANE Accelerator

Startups from Ghana and Nigeria have been chosen to take part in the Berlin-based F-LANE accelerator, which supports and funds high-potential digital impact ventures focusing on female empowerment. Run by the Vodafone Institute for Society and Communications, the seven-week F-LANE acceleration programme aims to sharpen business and impact models, and get startups ready for investment. […]

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StartUps

Nigeria’s WellaHealth,Ghana’s Cowtribe to Benefit from $120,000 Techstars Impact Accelerator Funding

Nigerian e-health company WellaHealth and Ghanaian agri-tech startup Cowtribe have been selected to take part in the Techstars Impact accelerator in Austin, United States (US), gaining access to mentorship and $120,000 in funding. The 10 startups that make up the Techstars Impact 2019 class will work with Techstars mentors to pressure-test their business models, while […]

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StartUps

Microtraction Unveils New Startup Scouting Initiative

Nigerian early-stage VC firm Microtraction has launched its Scout Initiative, which it said will help it discover more deals and identify high-trajectory individuals building the next big thing on the continent. Founded in 2017, Microtraction invests up to US$65,000 in startups at the very earliest stage of their development. The company has backed nine Nigerian […]

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StartUps

Nigerian Develops Web-Base Assessment Tool to Predict Cardiac Arrest

Nigerian e-health startup WellNewMe has developed a web-based health risk assessment tool specifically designed to act as an early warning system for non-communicable diseases such as cardiac disease, cancer and diabetes. Launched last year, WellNewMe is focused on illnesses affected by lifestyle choices, and has built a tool that can detect and stratify individual health […]

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StartUps

On-demand Delivery Service kwik Kicks-Off Biz Lagos

On-demand, last-mile, crowdsourced delivery service kwik has launched in Lagos, Nigeria, after raising seed funding in March, with the goal of expanding to other large metropolitan areas across Sub-Saharan Africa. kwik, which will initially focus on deliveries via motorbike, was formed in July 2018 by two Frenchmen and two Nigerians, and has just launched its […]

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StartUps

FbStart Accelerator Application for Nigeria Opens, Now Includes Ghana

Facebook and Co-Creation Hub (CcHUB) have started accepting applications for Season 2 of the FbStart Accelerator and have opened the program to Nigeria and Ghanian innovators as well. If you’re building a solution that leverages advanced technologies (AI, IoT, Data Science & Extended Reality) in Nigeria and Ghana, the accelerator is designed to help you […]

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FinTech

Six Lagos fintech startups Gets Equity-free Funding from ARM Labs

Six Nigerian fintech startups have each received N3 million ($8,300) in equity-free funding after taking part in the ARM Labs corporate acceleration programme. The ARM Labs accelerator, managed by Ventures Platform, was designed to help idea and growth stage fintech companies commercialise and distribute their innovations. Startups were provided with co-working space and hands-on mentoring, […]

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StartUps

MAX.ng Lagos City Bike Transport Startup Raises $7m Funding Round

MAX.ng a motor bike transport company that easy traffic for commuters in the city of Lagos has secured $7 million in funding to expand across West Africa and add to its product offering. Founded in 2015, MAX.ng is a mobility platform that connects users to vetted professional motorcycle-taxi drivers via a mobile app. The startup […]

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