November 8, 2024
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Category: Technology

Uber denies breaching Lagos knowledge sharing deal after authorities threatens sanctions
Technology

Uber denies breaching Lagos knowledge sharing deal after authorities threatens sanctions

The global ride-hailing company Uber has pushed back against a suggestion that it failed to honour a 2020 agreement to share data with the Lagos state government. That agreement mandates ride-hailing companies to share users’…

Chams believes cellular cash and cross-border funds will gasoline progress after authorities fiasco
Technology

Chams believes cellular cash and cross-border funds will gasoline progress after authorities fiasco

When Mayowa Olaniyan was appointed GMD/CEO of Chams Holding Company Plc in December 2022, she believed the company’s shares were undervalued. Fourteen months on, Chams’ share price is ₦2.50kobo, up from 50 Kobo in 2022.…

4 ex-Paystack senior managers launch grocery supply startup, GoLemon
Technology

4 ex-Paystack senior managers launch grocery supply startup, GoLemon

Four former senior managers at Paystack are leaving the payment company to launch GoLemon, a startup that delivers groceries and household items. Yinka Adewuyi, Gbadegbo Gbade-Oyelakin, Abdulrahman Jogbojogbo and Abiola Showemimo, all early employees, were…

Crackdown on unlicensed corporations cuts digital collectors in Kenya to 51
Technology

Crackdown on unlicensed corporations cuts digital collectors in Kenya to 51

Before consumer protection laws were passed, any lender could run a digital credit business.  Kenya has approved the operation of 17 new digital credit providers (DCPs), including Autochek – a car loan facility startup –…

Subsequent Wave: Agritech are startups outpaced by conventional brokers. What could be completed?
Technology

Subsequent Wave: Agritech are startups outpaced by conventional brokers. What could be completed?

First Published 10 March, 2024 Tech-driven agricultural startups (agritech) are driving innovation by connecting different players in the agricultural sector. They are particularly helpful for rural farmers, linking them directly with urban buyers. Ghana-based AgroCenta,…

What does it take to be a profitable life-style content material creator on social media?
Technology

What does it take to be a profitable life-style content material creator on social media?

In just one year, Ima transformed from being a lawyer into a successful lifestyle content creator. With 144K followers on TikTok, 32K on Instagram, and 14K on YouTube, she is on top of the creator…

IFC sues portfolio firm Africa’s Speaking for rejecting acquisition provide
Technology

IFC sues portfolio firm Africa’s Speaking for rejecting acquisition provide

International Financial Corporation (IFC), a member of the World Bank Group and a lead investor in Africa’s Talking (AT) 2018 $8.4 million series A round, sued its portfolio company in 2023 for rejecting an acquisition…

How Huawei turned Nigeria’s greatest telecoms vendor and enterprise enterprise
Technology

How Huawei turned Nigeria’s greatest telecoms vendor and enterprise enterprise

When Huawei launched in Nigeria in 1999, two years before its telecommunications revolution, very few people could have predicted it would become the country’s biggest telecoms vendor and build one of the country’s biggest enterprise…

Flutterwave shuts down Barter because it refocuses on enterprise and remittance enterprise
Technology

Flutterwave shuts down Barter because it refocuses on enterprise and remittance enterprise

Flutterwave, Africa’s biggest startup, is shutting down Barter, a virtual card service it launched in 2017, as it focuses on its enterprise and remittance business segments. The fintech told customers to withdraw their money in…

Report funding in women-led healthtech startups units agenda for founders
Technology

Report funding in women-led healthtech startups units agenda for founders

Women-led healthtech companies in Africa saw a significant bump in funding from investors in 2023, according to a new report by Salient Advisory.  Rwandan-based startup Kasha, Kenya’s Maisha Meds, and Egypt-based startups Dawi Clinics and…

How Eyowo’s bid to change into a fintech big hit the rocks
Technology

How Eyowo’s bid to change into a fintech big hit the rocks

Eyowo had big dreams of becoming a fintech giant, and for a while, that dream was within reach. Softcom, a popular Nigerian startup founded in 2007, was once considered the dream workplace. The software development…

MTN Nigeria recoups ₦12.5 billion misplaced to cell cash glitch as month-to-month lively customers develop
Technology

MTN Nigeria recoups ₦12.5 billion misplaced to cell cash glitch as month-to-month lively customers develop

MTN Nigeria, one of Nigeria’s largest telecom providers, has recovered over half of the ₦22 billion it lost when its Mobile Money service suffered a glitch in May 2022. The incident, which occurred one week…