Blog Posts

Joyride has raised a $3.7 million seed round Joyride, a Toronto-based startup that provides white label apps, back-end analytics, and multi-modal fleet management for shared micromobility startups, has raised $3.7 million in seed funding to expand its reach to small, local operators. Since its inception in 2014, the company, which operates in over 160 markets on every continent except Antarctica, has primarily been able to generate enough revenue to sustain its operations. Joyride will use the.

Apollo receives $1 million in debt financing to assist small-scale farmers Pula, a Kenyan insurtech startup specializing in digital and agricultural insurance with the goal of derisking millions of smallholder farmers across Africa, has raised $6 million in a Series A round. TLcom Capital, a Pan-African early-stage venture capital firm, led the round, with nonprofit Women's World Banking also participating. Pula previously raised $1 million in seed funding in 2018 from Rocher Participations, w.

Holy Grail secures a $2.7 million seed funding round to develop modular carbon capture devices The founders of Holy Grail, a two-year-old Mountain View, California-based startup, are taking a micro approach to solving the outsized problem of carbon capture. The startup is developing a modular and small direct air carbon capture device, in contrast to the dozens of projects underway in the United States and abroad to capture CO2 from large, centralized emitters such as power plants or industria.

SD Africa Investments Makes a $4.5 Million Investment in Nithio FI FSD Africa Investments (FSDAi), the investing arm of FSD Africa, has invested US$4.5 million in Nithio FI, a renewable energy financing intermediary focused on the Pay as You Go (PAYG) off-grid solar sector, to provide households and small businesses in Kenya, Nigeria, and Uganda with reliable and sustainable renewable energy solutions. Nithio Holdings is an artificial intelligence-enabled energy finance platform whose mission .

Coven Works collaborates with Shecluded to provide financing options for 1,000 women  To encourage women in Nigeria to pursue careers in technology, Coven Works Inc, a US-based artificial intelligence educational firm, has partnered with Shecluded to provide easy access to financing options for women interested in Data Science, Chatbot Engineering, and Cloud & A.I. Women face enormous barriers, but they are not insurmountable. As a result of this collaboration, women across Nigeria (b.

Sub-Saharan Africa adds 79 million new mobile money accounts this year For more than a decade, Sub-Saharan Africa has been at the forefront of the global mobile money industry. In 2020, the region is expected to maintain its dominance following a 43 percent increase in new accounts, according to a new GSMA report. As predicted in last year's State of the Industry report, Africa's registered accounts easily exceeded the half-billion mark. Sub-Saharan Africa added 79 million new accounts in the .

Nigeria Prepares for 5G Deployment  Following the Senate investigative hearing that gave Fifth Generation (5G) technology a clean bill of health, the Nigerian Communications Commission (NCC) has taken a significant proactive regulatory step by establishing a committee to develop the Information Memorandum (IM) for the auction of the 3.5 gigahertz (GHz) spectrum band that will be used for the country's early deployment of 5G services. Prof. Umar Garba Danbatta, NCC's Executive Vice Chairma.

Google announces the launch of three new initiatives Google has reaffirmed its commitment to Africa's startup ecosystem by announcing a new Google for Startups Accelerator (GFSA) Africa class, as well as the launch and open application period for a new $3 million Black Founders Fund (BFF) Africa programme. In addition, it announced a $3 million grant from Google.org to the Tony Elumelu Foundation, a leading philanthropic organization dedicated to empowering young entrepreneurs across all 54 Af.

How Migrants Abroad Finance Sustainable Families & Communities Globally, family remittances support an estimated one billion people. They are funds transferred from migrants, the majority of whom work in high-income countries, to their families or communities in low- to middle-income countries. One in every seven people is directly impacted by these inflows and is able to supplement their personal income with funds. There is evidence that remittances alleviate poverty and that 75% of remit.

Infinix Introduces the INBook X1 Laptop Series Infinix, a newcomer to the consumer electronics market, unveiled its first flagship laptop series today – the INBook X1. Combining a sleek, thin, and lightweight design with unmatched performance, the launch marks Infinix's entry into a new product category, as the company teams up with Intel and Microsoft. Infinix aims to deliver a bespoke device with industry-leading capabilities through the INBook X1 series in order to meet the growing dem.

From Konga to mPharma, Africa's logistics for health products is expanding “Do people place drug orders on Jumia? ” That was the response of the most zealous online shopper I am aware of. She purchases running shoes, mom jeans, and hair products online but is perplexed as to why anyone would purchase drugs online. It feels wrong for her to purchase ingestible medications on the same website where she shops for underwear. However, a search of Jumia's'medications & treatments' t.

Andela Review: Is It Worth It to Hire Andela? There is much to admire about Andela, whether you are an employee or a senior software engineer. The primary advantage of Andela is that the organization provides jobs and training to indigenous Africans at each of its locations. Naturally, Andela began recruiting additional part-time and full-time developers after a few years in business. Andela is phasing out — or at the very least reducing — its entry-level offerings in favor of recr.

What is an NFT? Non-fungible tokens explained, and why you shouldn’t dismiss this fad NFT, or non-fungible token, has become 2021's 'blockchain,' a term you've never heard of before that has suddenly become ubiquitous. NFTs are ubiquitous, whether it's Twitter CEO Jack Dorsey auctioning his first tweet or Kings of Leon selling their latest album. However, what is an NFT? While some regard it as the latest fad, a new crypto-esque bubble that will inevitably burst, others believe that NFTs.

What is Paystack? Paystack is an online payment platform that has established a name for itself in the business of brokering financial transactions between merchants and customers, despite their relative youth. Although the company was founded in 2015, its product offering debuted in 2016. Paystack, like its western counterparts, integrates one of the most secure payment practices available, leveraging it to enable vendors to expand their payment acceptance capabilities. Paystack, which is s.

HP Serves as a Model for Prioritizing Sustainability HP announced the release of its Sustainable Bond Framework this month. The framework will be used to issue bonds to assist the company in financing projects that contribute to a more sustainable future. Unfortunately, transitioning to a more sustainable model is not inexpensive, and while the environmental benefits are critical, financing the conversion is a challenge. HP, on the other hand, has a long history of demonstrating leadership in.

Microsoft is promoting Fluid as a way to increase productivity in Teams, Outlook, and OneNote Microsoft will expand the use of its Fluid components across a broader range of productivity and collaboration tools, including Outlook, OneNote, and Whiteboard, as part of its ongoing effort to transform how people interact with documents. When Microsoft launched fluid components two years ago, they were dubbed "atomic units of productivity." They are small apps such as tables, charts, and lists that.

Cloud computing, which is currently the hottest trend in innovative, competitive, and cost-effective technology, has swept through the business landscape. These services have been successful in providing businesses with a more secure, accessible, and highly scalable method of storing and managing data. While demand remains at an all-time high, available talent is scarce. As a result, the industry is brimming with career opportunities, including numerous high-paying roles and pathways to certif.

7 Essential Skills for Android Developers  Developing Android applications requires a strong grasp of both programming and design. When confronted with a new technology for the first time, it is frequently beneficial to break it down into smaller components. If you're an experienced web developer, many of the concepts and technologies involved in developing Android apps will be familiar to you – though developing apps for mobile devices frequently requires mastery of a number of more.

Facebook makes live audio rooms and podcasts available Competition between the social network and Clubhouse, Twitter, and Spotify is intensifying. Facebook announced Monday that it is launching a live audio tool that will initially be available to public figures and select groups in the United States, competing with Clubhouse, Twitter, and Spotify. As with other technology companies, the world's largest social network has increased its investment in audio features in the years since the launc.

Here's what you need to know about Pentagon UFO report The US intelligence community report is not expected to state categorically that it is aliens, but also will not state categorically that it is not aliens. For centuries, people around the world have witnessed unexplained and unidentified flying objects, and for at least the last several decades in the United States, many have suspected the government is concealing information about UFOs. This week, the US intelligence community will deliv.