Entrepreneurship

15th Orange Social Venture Prize opens applications for high-impact entrepreneurs
The 15th edition of the Orange Social Venture Prize (OSVP) in Africa and the Middle East is now accepting applications to recognise and reward entrepreneurs who have made high impact in the last one year. Deadline for applications is May 18, 2025. This prestigious program aims to encourage social innovation and entrepreneurship across the region […]
Staff Writer
Nigerian government plans web app to train more farmers
The federal government says it is making a web app that will teach farmers how to grow different foods in the best way. Recently, Aliyu Sabi Abdullahi, the State for Agricultural and Food Security minister, said on TV that he wanted to help create a web app that would teach farmers how to use farming […]
Modupeoluwa Olalere
Circular Design Challenge 2024 in Cape Town
The Mission Network of the Kingdom of the Netherlands in South Africa, in collaboration with the Craft and Design Institute (CDI), has launched the #cocreate Circular Design Challenge 2024. We are inviting all ambitious individuals to Cape Town. The CoCreate Circular Design Challenge is now open for entries. This fascinating programme welcomes entrepreneurs, corporations, non-profit […]
Staff Writer
Embark Entrepreneurship Academy is seeking for volunteers
Embark Entrepreneurship Academy is seeking volunteers for its entrepreneurship quest workshop series in the following areas: storytelling, content writing, graphic design, animation, event hosting, voice-over, live streaming, program management and human resources. As a volunteer, you can network with successful entrepreneurs, gain entrepreneurship knowledge and skills, make a difference, contribute to economic growth and share […]
Felicia Akindurodoye
Copia Global enters administration
Copia Global has entered administration and appointed Makenzi Muthusi and Julius Ngonga from KPMG to manage the process. Despite their best efforts, the B2B eCommerce company failed to secure new funding under mutually agreeable terms. It’s coming to an end, thus Copia Kenya will have to fend for itself in the funding race. In order […]
Olumofe Temitayo
Digify Africa, Meta, Dell Foundation open application for digital entrepreneurship
Digify Africa, in partnership with Meta and the Michael and Susan Dell Foundation (MSDF), has opened applications for the 2024 Digify Pro Online digital entrepreneurship programme. This initiative is designed to help unemployed youth aged 18 to 35 build careers in digital marketing, equipping them with essential skills for the modern economy. The 2024 edition […]
Hauwa Ali Abdul
Jumia Nigeria to expand, consolidate-warehouses into one depot
To increase profits in the Nigerian market, e-commerce giant Jumia Technologies AG plans to merge all three warehouses into a single 30,000-square-metre facility in Lagos. Chief Executive Officer Francis Dufay stated in a recent interview that a critical step in Jumia’s pursuit of profitability is the company’s consolidation initiative, driven primarily by a concerted effort […]
Felicia Akindurodoye
Maad secures $3.2 million to help small shops in francophone Africa
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 […]
Hauwa Ali Abdul
Kenya’s Hilda Moraa becomes UNCTAD Advocate
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 […]
Felicia Akindurodoye
TLcom Capital secures $154M to expand to Egypt
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 […]
Modupeoluwa Olalere
NITDA, eVillage to work towards entrepreneurial sustainability in Nigeria
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 […]
Felicia Akindurodoye
Mamamoni to empower widows, others at entrepreneurship summit
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. […]
Ibukunoluwa Josephine Bankole
Samsung Introduces Galaxy Ring for Healthier Tips
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 […]
Modupeoluwa Olalere
Nigeria imposes $10 billion fine on Binance
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 […]
Ibukunoluwa Josephine Bankole
Nomfro tech unveils fourth edition of NTEEP for African startups
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 […]
Hauwa Ali Abdul
South Africa to unveil Conduct of Financial Institutions Bill, COFI
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 […]
Ibukunoluwa Josephine Bankole
Ghana SC venture empowers MSMEs with digital financial solutions
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 […]
Ibukunoluwa Josephine Bankole
PalmPay fortifies in-app security features amid rise in cyber fraud
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 […]
Ibukunoluwa Josephine Bankole
Egyptian fintech MoneyHash secures $4.5 million for payments services in Africa
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 […]
Olumofe Temitayo
Battle of high-end robot vacuums
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, […]
Olanrewaju Adeniyi