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Bimalab Accelerator launches KSh 5.3 Million ($50,000) Incubator for InsurTech Startups

Kenyan insurers maintained profitability through the coronavirus pandemic according to Fitch Ratings.

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Field Intelligence expands into 11 new cities across East and West Africa

The new locations where Field Intelligence is now active are Rivers, Edo, Kaduna, Kano, Enugu, Delta and Kwara States in Nigeria, and Eldoret, Mombasa, Kisumu and Naivasha in Kenya.

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Autochek partners with Appzone to deliver innovative auto loan solutions across Nigeria

The partnership will see Autochek integrate with Appzone’s proprietary digital core banking service, BankOne.

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Serial Nigerian Investor, Olumide Soyombo Launches VC Firm—Voltron Capital

Co-founded by Olumide Soyombo and Abe Choi, Voltron Capital will deploy capital in up to 30 African startups across a range of sectors and markets.

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Softcom announces Day X, a day of answers for people and businesses

Softcom, one of Nigeria's leading innovation and technology is announcing Day X—a landmark event to unveil its new, intuitive solutions to accelerate growth for dreamers.

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AutoGenius rebrands to MyCoverGenius, commits to deepening Insurance penetration in Nigeria

AutoGenius, Nigeria’s premier digital insurance platform, has completed a rebrand to MyCoverGenius.

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4 Nigerian Startups present at the GSD Labs Accelerator Demo day

GSD focuses on companies with international roots because it believes that intellectual capacity is evenly spread throughout the world but opportunity is not.

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Esusu rent closes $10 million Series A with investment from Serena Williams

Esusu, which was co-founded by Nigerian, Abbey Wemimo, has now raised over $14 million in venture funding since its launch.

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Amplifihub and Airbit partner to collect unclaimed royalties for 10,000+ African beatmakers

Cofounded by Nigerian beatmaker Sarz, Amplifihub has partnered with Airbit partner to collect unclaimed royalties for 10,000+ African beatmakers

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In-app spending on the rise in the African gaming apps market

In-app purchases and gaming apps are gaining momentum in Africa, with Nigeria, South Africa, and Kenya leading the way.

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Nigeria leads mobile app market growth for Africa according to AppsFlyer & Google report

The report found that the African mobile app market showed strong growth, with overall installs increasing by 41%. Nigeria showed the highest growth, with a 43% uplift, followed by 37% in South Africa, and 29% in Kenya.

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Flutterwave appoints Oluwabankole Falade as Chief Regulatory and Government Relations Officer

Flutterwave, Africa’s leading payments technology company, has appointed Mr. Oluwabankole Falade (Bankole) as the new Chief Regulatory and Government Relations Officer.

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