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Lagos to launch VC Fund writing bigger cheques than before

The Lagos state government has disclosed its plan to launch a venture capital fund to enable Nigeria's tech ecosystem.

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BD Insider, Letter 133

BD Insider #133 covers the Bank of Namibia's crypto stance, Uganda's controversial computer misuse law and why Nigeria's Zamfara state has suspended some media outlets

Mobility

Nigeria’s ShapShap wins mobility and smart city challenge at GITEX 2022

ShapShap, has won the award for ‘Mobility and Smart Cities Innovator’ in the final of the Supernova Challenge Pitch Competition at the ongoing Gulf Information Technology Exhibition, GITEX 2022.

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In Nigeria, MTN wants to drive 5G adoption with smartphone financing

MTN Nigeria in partnership with Intelligra, an open platform for smartphone financing has launched a smartphone financing initiative.

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By March 2023, Ghana will integrate smart driver’s licenses with national ID card

The Driver and Vehicle Licensing Authority (DVLA) has disclosed that it will integrate its database with the National Identification Authority (NIA) by Q1 2023.

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Ugandan President Museveni approves “contentious” Computer Misuse Bill

Amidst continued criticism, the President of Uganda, Yoweri Museveni has signed the "regressive" Computer Misuse Bill that criminalises various uses of computers

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In 2023, Morocco will host GITEX Africa’s inaugural edition

GITEX will lead global tech communities to Africa in 2023 for the historic launch of GITEX Africa, the first edition of the tech exhibition outside of Dubai.

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Lifestores Healthcare secures $3M pre-series A round to expand across Nigeria

Nigerian healthtech company, Lifestores Healthcare has closed a $3 million pre-series A round led by Health54

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Crypto payments are now legal in Namibia

The Bank of Namibia (BoN) has announced that digital currencies such as Bitcoin can now be used as forms of payment.

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How to register your company in Nigeria with CAC

A step-by-step guide on how you can register your startup online using the new CAC e-registration portal.

Funding Tracker

Stears raises $3.3 million Seed to build African data company

Stears, a subscription-based financial data and intelligence company, announces its $3.3 million Seed round. The round was led by MaC Venture Capital with participation from Serena Ventures, Omidyar's Luminate Fund and others.

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How Nguvu Health and AXA Mansard want to enable affordable mental healthcare

Nguvu Health and AXA Mansard have entered a two-year partnership to drive affordable mental healthcare in Africa.

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