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in Entrepreneurs, Financing, Funding, Innovation, Investments, Investors, News, Press Releases, Press-releases, Startups, TECHNOLOGY, Technology

The e-health startup LocumBase received the majority of its funding from Grindstone Ventures

An independent online medical booking platform in South Africa called LocumBase has received an undisclosed financing round from Grindstone Ventures as the company prepares for exponential growth. LocumBase was launched in 2016 by Zulé Vuuren to connect independent medical practitioners with South African practices and to streamline the locum-finding process. If you want to deliver […] More

in Business, Entrepreneurs, Innovation, Investments, Investors, News, Opportunities, Press Releases, Press-releases, Startups, TECHNOLOGY, Technology

MTN is currently constructing 5G private networks for use in South African mines and ports

MTN, the second-largest mobile network operator in South Africa, has announced that it will construct private 5G networks for major companies in the mining and port industries. As the network ramps its superfast 5G network rollout, it will provide dedicated capacity and guaranteed coverage. MTN South Africa Chief Executive Officer Charles Molapisi stated that the […] More

in Entrepreneurs, Innovation, Investments, Investors, News, Press Releases, Press-releases, Startups, TECHNOLOGY, Technology

Investors in venture capital and private equity are banking on the African tech boom

Venture capital (VC) and private equity investors are betting on a tech boom in Africa over the next three years. According to new research for blockchain-based mobile network operator World Mobile, the continent’s startup ecosystem is snowballing. The independent research company PureProfile did a global study and found that nearly six out of ten (59%) […] More

in Business, Entrepreneurs, Financing, Innovation, Investments, Investors, News, Press Releases, Press-releases, Startups, TECHNOLOGY, Technology, Uncategorized

Bamboo, an online brokerage company from Nigeria, opens up in Ghana

Bamboo, one of the best online brokerages in Nigeria, has expanded into Ghana. This makes it the first west-African brokerage app that works in more than one country. Through a partnership with a licensed Ghanaian company, 10th Capital Investments, the more than 50,000 people on Bamboo Ghana’s waiting list can now buy and invest in […] More

in Entrepreneurs, Financing, Innovation, Investments, Investors, News, Press Releases, Press-releases, Startups, TECHNOLOGY, Technology

Safaricom-backed Sendy is completely shifting to B2B.

Sendy, a logistics startup backed by Safaricom, is now a B2B firm . This is because its product, Sendy Transport, is now only available to businesses. Now, only businesses will be able to use Sendy Transport. “Convert your account by September 30,” an SMS sent by the company to its last remaining B2C customers says. […] More

in Entrepreneurs, Financing, Funding, Innovation, Investments, Investors, News, Opportunities, Press Releases, Press-releases, Startups, TECHNOLOGY, Technology

Nigeria’s Senate has sent the Startup Bill to the President for approval.

The Bill regulating startup companies in Nigeria, which was adopted by the Senate and is now awaiting President Muhammadu Buhari’s signature. According to a statement made by Senator Babajide Omoworare, the Senior Special Assistant to the President on Matters Relating to the National Assembly (Senate), the Bill went through all the necessary legislative steps before […] More

in Entrepreneurs, Financing, Founders, Funding, Investments, Investors, News, Press Releases, Press-releases, TECHNOLOGY, Technology

The Egyptian Investment Market Exits.me gets $1 million in pre seed round

In a Pre-Seed round, Exits.me, an Egyptian fintech platform for investment banking, got $1 million. The funds were given by Exit.me, based in the United Kingdom, Baseeta Investments Holding, and Mawelni Holding for Financial Investments, as well as several well-known Egyptian angel investors and the company’s founders. Omar Wagdy, an investor, said, “We want startups […] More

in Entrepreneurs, Financing, Funding, Investors, News, Press Releases, Press-releases, Startups, TECHNOLOGY, Technology

Yellow Card has announced a $40 million Series B round to expand across Africa

Africa’s first cryptocurrency exchange Yellow Card has announced the completion of its $40 million Series B fundraising round headed by Polychain Capital. Valar Ventures, Third Prime, Sozo Ventures, Castle Island Ventures, Fabric Ventures, DG Daiwa Ventures, The Raba Partnership, and others also participated in the round.TechCabal saw a statement that said the company would use […] More

in Financing, Innovation, Investments, Investors, News, Press Releases, Press-releases, Startups, TECHNOLOGY, Technology

Nigeria’s online bank Eyowo Announces the Launch of a Panless Debit Card in Collaboration with MasterCard

A Nigerian online bank called Eyowo has released a digital debit card called “e Better Card.” The Eyowo debit card is a numberless Mastercard that gives cardholders access to a safer and more streamlined payment experience. This experience removes the possibility of card fraud by allowing cardholders to store their payment credentials in a secure […] More

in Entrepreneurs, Financing, Funding, Investors, News, Press Releases, Press-releases, Startups, TECHNOLOGY, Technology

The remedial health company has raised $4.4 million in early funding

Nigeria has a long-standing battle with counterfeit drugs. According to research conducted in 2002 by the National Agency for Food and Drug Administration and Control (NAFDAC), roughly 41% of medications sold in the country were fakes. After twenty years, the quality of over seventy per cent of the medical drugs currently being dispensed in Nigeria […] More

in Advertise/Partnership, Entrepreneurs, Founders, Funding, Innovation, Investments, Investors, Networking, News, Opportunities, Press Releases, Press-releases, Startups, TECHNOLOGY

The BRICS partnership encourages the growth of women-owned companies in Africa

SmartDigital Solutions, a private company specializing in digital transformation services and products, has teamed up with the BRICS Women’s Business Alliance and several state-owned organizations to help women entrepreneurs improve their skills in Information and Communications Technology (ICT) through workshop programs. Meta, the BRICS Women’s Business Alliance, The Commonwealth, SmartDigital Solutions, the UN, and African […] More

in Financing, Innovation, Investments, Investors, News, Press Releases, Press-releases, Startups, TECHNOLOGY, Technology

SafeSenda allows cryptocurrency owners to exchange their cryptocurrency to Naira.

SafeSenda is a crypto-to-naira exchange platform started in 2022 by Nkechi Iyke-Ukaegbu and Ikechukwu Ukaegbu. It is now fully up and running in Nigeria. The startup gives users an alternative to the peer-to-peer (P2P) system, which is the most common way to convert crypto assets to local currency. By taking this step, SafeSenda is entering […] More

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