CcHub Set to Invest $15 Million in 72 Edtech Startups

  According to BD Funding Tracker, in 2022, African startups focused on educational technology (Edtech) received less than 1% of the total venture capital investment on the continent. To address this issue, Co-Creation Hub (CcHub) has launched an Edtech Fellowship

Blockfinex Set to Benefit from Fluidcoins’ Acquisition

  After failing to secure additional funding, the Nigerian crypto payment gateway Fluidcoins has sold all its shares to Blockfinex, a Nigerian-led company based in the UAE, in an undisclosed ‘acqui-hiring’ deal. The founding team of Fluidcoins will continue to

A Sustainable Monetization Strategy for Your Tech Startup

  As a tech startup founder in Nigeria, one of the key challenges you face is developing a sustainable monetization strategy. A monetization strategy is a plan you have in place for generating revenue from your product or service. Without

Effective User Acquisition Strategies for Your Tech Startup

  Starting a tech startup is not for the faint-hearted, as it requires a lot of hard work, dedication, and perseverance. One of the most critical aspects of a startup’s success is user acquisition. The tech industry is highly competitive,

How FinTech Can Help to Improve Your Personal Finances

  FinTech has dominated business news headlines for a number of reasons. It’s changing our relationship with money; it makes banking more convenient than it has ever been; the revenues that startups in the space generate are huge; and investors

The Tech Investor Report of 2022

  The annual African Tech Startups Funding Report is published by startup news and research portal Disrupt Africa. In 2022, the eighth edition of this report was released and it reveals that the number of active investors in African tech

A Strong Product Differentiation Strategy for Your Tech Startup

In today’s highly competitive business landscape, differentiation is key to success. For tech startups in Nigeria, building a strong product differentiation strategy is critical to achieving sustainable growth and profitability. In this article, we will discuss what product differentiation

Building a Strong Customer Advocacy Program for Your Tech Startup

  In today’s competitive business environment, having a strong customer advocacy program is crucial for the success of any tech startup. A customer advocacy program is a strategy designed to turn satisfied customers into brand ambassadors who can promote your

Online Vehicle Rental Company, Treepz, Enters Kenyan Market

  Treepz, a company that originated in Nigeria and provides ride-hailing services for renting buses, SUVs and trucks, has now extended its services to Kenya. This means that Treepz is now accessible in four African countries, namely Nigeria, Ghana, Uganda

Nigeria’s Curacel Raises Funds for Insurance Offerings

  The expanding population, growing middle class, and improving access to financial services throughout Africa have increased the opportunity for Africans to enjoy a broader range of products and services. These experiences may come with risks, such as those associated

Nigerian Digital Bank Umba Launches Operations in Kenya

  Umba, a digital bank for underserved markets in Africa, has expanded its operations to Kenya from Nigeria. The aim of Umba is to simplify banking for customers and SMEs, provide low-cost services and offer credit products through mobile phones.

Pade HCM Raises $500k Pre-seed Funding To Automate HR Processes

  According to Africa HR Trends, in 2018, 80% of companies in Africa saw poor digitization as a hindrance to effective human resources processes. With the COVID-19 pandemic in 2020, which required many companies to work from home, the need

Can Nigerian FinTech Expand and Thrive in North Africa?

  The rise of financial technology (FinTech) in Nigeria has been phenomenal in recent years, with the country being referred to as the “Silicon Valley” of Africa. Nigerian FinTech startups have made significant strides in addressing financial inclusion, with innovative

12 Sectors that Can Benefit from Cloud Technology

  As the world grows more dependent on cloud technology, it’s getting applied to broader aspects of daily life. Nowhere is this reliance more pronounced than in the world of business. Spending on the cloud by businesses across the world

Flutterwave Expands into North Africa

  In March 2021, Flutterwave announced its $170 million Series C funding and revealed plans to expand its payment network to Egypt, Morocco, and Tunisia by the first quarter of 2021. It’s uncertain if these plans have already been implemented,

Solving Nigeria’s Mortgage Crisis: The Role of FinTech

According to experts, there are growing opportunities in unlocking the potential of Nigeria’s mortgage sector valued at over N6.4 trillion but lack of awareness, accessibility, security, lack of infrastructure and government policy are dampening demand. The mortgage sector in

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