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Drugstoc’s Adham Yehia wants to stop the use of counterfeit drugs Pharmatech startup Drugstoc offers a procurement platform for all medications, consumables, and small medical equipment, allowing hospitals and pharmacies to save time and money on their purchases. With the goal of bridging the supply chain gap in Nigeria's medical sector, Chibuzor Opara and Adham Yehia founded the startup in 2017. In November, the company announced that it had raised $4.4 million in a Series A funding rou.

The Top Ten early-stage startup fundings in Nigerian technology space in 2021 During the course of this year, the Nigerian technology industry experienced a significant influx of capital. The Nigerian startup community raised an estimated $248.6 million, or N102.77 billion, in the third quarter of 2021 alone, according to the Nairametrics platform. Overall, the industry saw investments across all sectors, from edtech to agritech and health-related technologies. Surprisingly, the financial tech.

Naspers of South Africa leads a $30 million funding for auto-financing company, Planet42 Global transportation inequality is being addressed by Planet 42, a startup that is putting cars in the hands of people who have been unfairly ignored by banks. The company recently announced a $30 million round of funding, which included both equity and debt investments. Naspers, a South African conglomerate, led the $6 million equity round, which included existing investors such as Martin and Markus Vill.

ClassVisa is launching a Learn and Earn Coding Boot Camp for Nigerians and Others Classes at ClassVisa, a technology company based in the United States, are designed to allow Nigerians and other nationalities to learn to code while earning money through tasks and gigs. The reason for this, according to ClassVisa's Chief Executive Officer, Henry Ebomah, is that the coding education landscape for foreigners in the United States has demonstrated that job offers have not kept up with demand, neces.

Cybersecurity Certification Programs for Students Many benefits have resulted from the widespread adoption of the internet and cloud computing technology in businesses and organizations. They have promoted the development of e-commerce and remote working as well as many other services. However, the adoption of computing and internet technologies has brought about a security vulnerability to many businesses and organizations.  Cybercrime is the use of the internet and computing technologi.

Top 10 reasons why NFTs is the future Crypto-collectibles have made their mark on the blockchain and crypto world. Now, ERC721 (non-fungible tokens) are not just digital representations of physical things – they can be used to represent all sorts of assets, collectibles and much more! In fact, the possibilities are nearly endless when it comes to non-fungible tokens (NFTs). Here are 10 reasons why NFTs will be the future! 1) Decentralization A lot of things are centralized right now, bu.

Ventures Platform closes a $40 million Pan-African fund to boost investment in early-stage startups  An Africa-focused venture capital firm, Ventures Platform has announced the first close of its new US$40 million Pan-African Fund, which has a target investment size of $1 billion. A consortium led by the Nigerian Sovereign Investment Authority made the investment, which was aimed at early-stage startups in Nigeria (NSIA). Additionally, it attracted existing Nigerian investors as well as a.

Reddit files confidentiality to go publics After raising a substantial $410 million in funding led by Fidelity in August, the company was valued at $10 billion, according to Forbes. It intended to close the round, which was dubbed a Series F at the time, for a total of $700 million in cash. CFO Steve Huffman stated in an interview with the New York Times that Fidelity's investment would provide the company with additional time to decide when and how to go public. To become public, the company.

Moove establishes a presence in Kenya and expands its offerings  As part of its expansion strategy, Moove, an African fintech company focused on mobility, has opened its first office in East Africa and sixth office on the continent in Nairobi, Kenya. This is the company's sixth office on the continent overall. A partnership with Uber allowed ride-hailing and delivery drivers to purchase motorcycles for use in Uber Connect, UberEats deliveries, and UberBoda trips, allowing them to broaden .

  Maverick raises $120 million in funding to expand its influencer marketing platform In recent years, the rise and influence of influencers has played a significant role in the evolution of the modern online social landscape, particularly in the realm of politics. Following this announcement, a company that is capitalizing on the influencer juggernaut and how it is manifesting itself in the world of marketing has raised an unprecedented amount of money to ensure that it can continue to r.