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Duplo, a Nigeria fintech startup raises $1.3M pre-seed, to build payments infrastructure for B2B businesses
Duplo Inc, backed by yCombinator (YC W22) has raised $1.3M in pre-seed funding, to build payments operating system for B2B businesses in Nigeria. The round was led by early-stage pan-African VC firm Oui Capital with other local investors participating. The friction Duplo is fixing in a nutshell, is payments in the FMCG sector — which […]
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AltSchool raises $1m Pre-seed to address Africa’s shortage of Junior level Tech talents
Unlike in the past years, there is currently a significant focus on tech talent development. The focus has completely shifted from the entry-level training talent that it used to be to training senior talent. Undoubtedly, one of the significant reasons that necessitated this shift is the inability of the local education system to produce qualified […]
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Nigerian Ed-tech, Edukoya makes list of African startups to watch in 2022
A Nigerian EdTech startup, Edukoya makes lists of startups to watch out for in 2020 despite the world’s economic instability, yet Africa’s tech entrepreneurs have pulled off another successful year. If the year 2021 is any indication, the next 12 months will be full of startup successes. Here’s a list of 12 African businesses to […]
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Lamma, Tunisian Delivery Startup launches In Morocco
Lamma, a Tunisian e-commerce and delivery firm specializing in last-mile mobility (Last-Mile Mobility), launches in Morocco early this year as part of its global development. Yassir El Ismaili El Edrissi, Hamza Guesmi, and Koussi Aymen launched Lamma in 2020, which delivers groceries, food, personal care, electronics, and fashion items to users in under 45 minutes […]
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Yellow Card, Crypto Exchange Platform Resumes Transactions in Nigeria Naira
An African-focused crypto exchange platform, Yellow Card, has announced the resumption of naira deposits and withdrawals in Nigeria. The move by the company comes almost a year after a central bank of Nigeria directive forced the crypto exchange platform to suspend deposits and withdrawals operations. Oparinde Babatunde, Yellow Card’s director of services in a statement made available […]
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Rubbing Mind With Africa’s First Female-led Fintech Unicorn, Wave
After Wave has solidified its position as a leading mobile financial service in Africa, especially since attaining the much-coveted unicorn status. In this interview, the startup’s general manager in Senegal reflects on the journey so far, the challenges ahead, and the opportunities that fintech presents. Coura Sène also discusses the difficulties created by fintech’s rapid growth, […]
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South Africa Tops List Of Countries With The Most Acquired African Startup
South Africa has emerge as country with the most acquired startups in Africa on a list of startups been aquired by local or foreign aquisitor, also have the first place on the table with GetSmarter. While other African countries are catching up, particularly with the recent multimillion-dollar acquisitions in Nigeria, South Africa has seen a bigger […]
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African online learning platform, Edukoya raises $3.5million pre-seed funding
Edukoya, an Africa-focused online learning platform, has raised $3.5 million in a pre-seed round led by Target Global with strategic participation from angel investors including European and African founders. Edukoya empowers learners and their parents to take control of their learning and makes it easier for them to access high-quality learning material and expert help. […]
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The Global Share Dealing App, Trove Wins 2021 Ecobank Fintech Challenge
Trove Finance, a Nigerian-based global share dealing app has been named winner of the fourth edition of the annual Ecobank Fintech Challenge. The Ecobank Fintech Challenge is a flagship event of the Ecobank Group to support early-stage fintech from across the African continent. The virtual grand finale was streamed live from Accra in Ghana – […]
