4DX Ventures and Flutterwave make first Francophone Africa investment, pumps $2.4 million in CinetPay

CinetPay, a digital payment platform for merchants in Francophone Africa today announced a $2.4 million seed round from Flutterwave and 4DXVentures.

How Loomzy Suites is leveraging technology to transform hospitality in Nigeria

Loomzy Suites, a prop-tech startup based in Lagos, Nigeria has today announced its plan to expand its operations to turn around the face of hospitality and hotel management using technology.

Carry1st, PayPal and Chipper Cash partners to accelerate digital payments in Africa

Carry1st has collaborated with PayPal and Chipper Cash in a move to further accelerate digital payments in Africa.

Kippa raises $3.2 million pre-seed fund to enable small businesses in Africa

Kippa, a Nigerian fintech startup has raised a $3.2 million pre-seed fund in a round led by Target Global with participation from Entrée Capital, Alter Global and Rally Cap Ventures.

Vella commences beta testing, to enable crypto utility in Africa

Vella Finance, a US-based financial technology startup redefining financial freedom for Africans has launched into the beta testing stage in Nigeria.

Shuttlers secures $1.6 million seed fund, to embark on Pan-African expansion

Lagos-based tech-enabled scheduled bus sharing company" has raised a $1.6 million round led by VestedWorld, a Chicago and Africa-based investment firm.

Tek Experts, Microsoft renew partnership aimed at developing Women in IT in Nigeria

For Nigeria to recover from the effect of the coronavirus, it has to fast-track its digital transformation championed by the NCC.

Wimbart launches PR Office Hours for African tech startups

Wimbart has launched PR Office Hours for African tech startups. It is designed to equip them with PR tools they need to achieve their business goals.

Carbon launches financial services platform for businesses

Carbon, Nigeria’s foremost digital financial services company, has launched Carbon for Business, a digital financial services platform that will serve small and medium-sized enterprises.

Chaka.ng wants to be your ‘investment passport’

Chaka Technologies Limited and Citi Investment Capital Limited have launched a global trading platform that provides access to local and international financial assets.

Ecobank appoints Ayo Adepoju as CFO, Nana Araba Abban as Consumer Banking Head

Ecobank Transnational Incorporated—the parent company of the pan-African Bank, Ecobank—has announced the appointment of Ayo Adepoju as its Chief Financial Officer and Nana Araba Abban as its Head of Consumer Banking.