#nigeria

Brolly has been selected for the summer 2023 cohort of the Techstars accelerator in Tulsa, Oklahoma, securing access to mentorship, US$120,000 in funding, and the opportunity to secure further investment at demo day. The startup has now…

The Kenyan government says the country will unveil its first locally made and affordable smartphones in the next two months to increase the penetration of internet-enabled mobile phones. Eliud Owalo, Kenya’s ICT Cabinet Secretary (CS),…

M-KOPA said it closed over $250M in new debt and equity funding to expand its financial services offering to underbanked consumers across Sub-Saharan Africa. This marks one of the most significant debt and equity raises in the African tech…

Gricd has secured $1.5 million in a seed funding round. The funding round was led by Atlantica Ventures, with Vested World, Jaza Rift, and Katapult’s participation to expand across Africa and deliver new solutions that will make it easier…

TopUp Mama has rebranded as Caantin, saying its new brand identity and enhanced platform embodied its dedication to boosting the restaurant industry’s contribution to Africa’s GDP and providing better financing access for restaurants and…

Dojah has launched EasyDetect, an advanced fraud detection tool that empowers businesses to identify and prevent fraudulent activities on their platforms. Dojah’s verification tools transcend the customer journey – acquisition,…

Yuki has partnered with neo-bank Aladdin Digital to mainstream digital assets in Africa. Yuki, a product of Nigerian invest-tech startup ComiBlock, launched in February 2021 as a goal-based investing crypto robo-advisor that gives anyone…

Vesicash announced its expansion to vital African markets and launched its Merchant of Record (MoR) product, which is the first of its kind on the continent. The operational complexities involved with expanding to new markets mean that…

Chipper Cash said it will now charge its Nigeria users a non-refundable fee of ₦‎500 for transactions that fail due to insufficient funds on its virtual dollar and naira cards users. The fintech revealed this in a blog post on its website.…

Nestcoin has announced the launch of Onboard, a digital finance platform aiming to provide modern, world-class digital finance services that connect Africans to the global economy. Nestcoin recognizes that traditional finance cannot…