In the busy streets of Dakar, Senegal, something exciting is happening. Maad, a B2B e-commerce startup, has raised $3.2 million in funding. This isn’t just about money; it’s about changing how small shops get supplies and do business. Sidy Niang (CEO) and Jessica Long (COO) started Maad in 2020. Initially, they collected data to understand […]

Hilda Moraa has been appointed as the eTrade Women Advocate for the English-speaking African area to the United Nations Trade and Development (UNCTAD).  Moraa founded Pezesha and is CEO of the fintech startup. From 2024 to 2025, the acclaimed businesswoman will act as an advocate. Moraa shares her intention Following the appointment, Hilda Moraa shared […]

TLcom Capital, an early-stage African venture capital firm, raised $154 million from investors to expand to Egypt and invest in innovative entrepreneurs solving the continent’s problems. The business said Monday that the European Investment Bank, Allianz SE, and Visa Foundation are investors in the fresh investment round. DEG Impact’s joint venture, AfricaGrow, and Bertelsmann also […]

The Entrepreneurship Village (eVillage) and the National Information Technology Development Agency (NITDA) will work together to promote technological innovation and inclusion in the nation. This came to light during a meeting between Sunil Santanam, CEO of the eVillage, and Kashifu Inuwa, DG NITDA, at the agency’s Abuja headquarters. Santanam and his team were seeking the […]

Nigerian fintech company Mamamoni is set to support widows with clothing and other household items at its upcoming International Women’s Day event.  Mamamoni’s event, ‘ Inspire Inclusion: Empowering Women through Entrepreneurship’, is organised to educate women on the steps to take to level up as business owners and better position their businesses for tremendous success.  […]

Samsung has unveiled the Galaxy Ring mobile device, its much-anticipated bright ring.  The Galaxy S24 series was featured at Unpacked 2024, which preceded the reveal. The announcement highlights the Galaxy Ring and its potential to change how we see and manage our health. Samsung anticipates AI-powered mobile devices providing unprecedented health metrics. The organisation believes […]

The Federal Government of Nigeria has escalated its crackdown on the crypto exchange platform Binance, demanding a staggering $10 billion in retribution.  This move follows Binance’s settlement of $4.3 billion for criminal money laundering charges in the U.S.  The government’s pursuit of retribution aims to salvage the nation’s local currency value amidst allegations of substantial […]

Nomfro Technologies, a leading provider of digital solutions for African businesses, has  launched the fourth edition of its Entrepreneurship Empowerment Project (NTEEP), offering training, mentorship, and exposure to 500 startups The project is a comprehensive support program that aims to empower 500 African startups with the essential tools, skills, and connections they need to grow […]

South Africa’s vibrant fintech sector is set to experience a significant transformation with the upcoming introduction of the Conduct of Financial Institutions (COFI) Bill.  This pivotal legislation aims to streamline and unify the complex web of financial regulations into a cohesive industry standard, potentially reshaping the operational landscape for financial institutions across the board. Consolidating […]

SC Ventures, Standard Chartered’s innovation, fintech investment and ventures arm, is launching SOLV Ghana, a business-to-business (B2B) online marketplace that offers micro, small, and medium enterprises (MSMEs), short-term invoicing financing, buy now pay later services, and business loans via a trusted marketplace of verified buyers and sellers. Empowering MSMEs in Ghana “At SOLV, our mission […]

PalmPay, a leading Fintech company, has bolstered its in-app safety features to shield users from the surge in fraudulent activities within the digital banking system. The increase in fraudulent incidents has particularly impacted the fintech ecosystem in Nigeria, with Mobile, Web, and Point of Sales (POS) terminals being prime targets for fraudsters in 2023. The […]

MoneyHash, an Egyptian fintech startup, has recently secured a significant milestone by raising $4.5 million in seed funding. This injection of capital signals a vote of confidence in MoneyHash’s vision to transform the landscape of financial transactions across Africa. At its core, MoneyHash aims to facilitate payments in Africa through innovative fintech solutions, leveraging technology […]

Choosing the right robot vacuum for your needs can be overwhelming, especially when comparing high-end models like the iRobot Roomba j7+ and the Roborock S7 MaxV Ultra.  Both offer impressive features and boast intelligent navigation, powerful cleaning, and convenient self-emptying docks. However, some key differences might influence your decision. When tackling dirt, dust, and debris, […]