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Microsoft commissions Africa Development Centre facilities in Nigeria and Kenya

Microsoft has opened a facility in Lagos, Nigeria for its ‘African Development Center (ADC).

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Float secures $17 million to bolster digital lending in Africa

Float, a Ghana-based fintech startup has raised $17 million to boost its cash management and digital lending platform for African small- and medium-sized businesses.

Spotlight

African tech startups jointly raised over $4.27 billion in 800+ deals in 2021

In 2021, tech startups operating across Africa have jointly raised over $4.27 billion in 800+ deals, this record quadruped the $1.1 billion that was pumped into the continent amidst the pandemic last year.

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African Capital Alliance completes WIOCC $200m capital raise to drive its pan-African expansion

African Capital Alliance (ACA) has made an equity investment through its CAPE IV fund to round off West Indian Ocean Cable Company's (WIOCC) $200 million capital raise.

Tech Word For The Week

Tech Word For The Week: Angel Investor

They are usually high net worth individuals who have enough excess funds to invest in untested but promising startups who can give them higher returns than traditional financial institutions.

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Content Marketer/Tech Journalist at BCSL (Full-time)

Hi there! We are looking for a content marketer/tech Journalist to turbocharge our content efforts at BCSL.

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Recap of ADMARP’s inaugural Digital Marketing Virtual Exhibition

The consensus from this year's DMVE is: Chief marketing officers and digital marketers are now able to propose effective marketing strategies to management and measure direct returns on investment while reaching their various audience through intelligent technology platforms.

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Nigerian digital media publication and data analytics startup, Stears raises $600,000 in a seed round

Five lessons entrepreneurs can learn from the rise and fall of Elizabeth Holmes and Theranos.

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TORA Africa plans to create 1,000 jobs for bike riders in 30 days

TORA Africa—a technology driven live-in drivers’ academy—has announced plans to create 1,000 jobs in the bike-hailing sector within the next 30 days.

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Wakanow gets $40 million investment from Carlyle Group

Wakanow—a famous online travel agency in Nigeria focused on West and East Africa—received funding of $40 million from The Carlyle Group (NASDAQ: CG)—an american multinational investment firm.

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