Tech
Banking Finance

CBN Appoints Full Board to Lead Polaris Bank into a New Era of Growth

The Central Bank of Nigeria (CBN) has appointed a full Board of Directors for Polaris Bank Limited, marking a significant milestone in the bank’s growth trajectory. This development highlights the remarkable achievements of the new management and sets the stage for Polaris Bank’s future as a leading digital financial institution in Nigeria. The 10-member board […]

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Startups Tech Technology

Garage: Hitting Profitability in Just 4 Months through Sheer Hard Work and Diligence

Starting a business in today’s competitive landscape is no small feat. But hitting profitability within four months of launching is even more remarkable. For The Garage, a tech-focused startup, this achievement was not by chance but the result of relentless dedication, hard work, and strategic thinking.  How It All Began: The Early Days of The […]

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News Partnerships Popular

TikTok Strengthens Safety Measures in Africa Amid Growing Popularity

TikTok is taking significant steps to enhance the safety of its rapidly expanding African user base. The platform, owned by ByteDance, recently launched its first-ever Safety Advisory Council in Africa, a move aimed at tackling challenges like misinformation and protecting younger users from online harm. Africa, home to a tech-savvy and increasingly connected youth population, […]

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Fintech

Mitesh Popat’s Appointment as CFO Signals a New Era for Flutterwave

Flutterwave, a leading payments technology company in Africa, has recently welcomed Mitesh Popat as its new Chief Financial Officer. Popat’s appointment marks a pivotal moment for the company, bringing with him two decades of extensive experience in global financial services that spans North America, Europe, the Middle East, and Africa. His deep expertise and track […]

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Crypto Tech

Binance Raises Alarm Over Executive’s Health Amid Detention in Nigeria

In the latest development surrounding the ongoing legal saga involving Binance and Nigerian authorities, the cryptocurrency giant has issued a statement expressing deep concern over the condition of its detained executive, Tigran Gambaryan. The statement comes in the wake of the Economic and Financial Crimes Commission’s (EFCC) denial of allegations that Gambaryan’s health has severely […]

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Tech

Registration now open for NITDA Co-Create West Africa Tech Exhibition

The Gage Company, in tandem with the esteemed National Information Technology Development Agency (NITDA), proudly presents the upcoming NITDA Co-Create West Africa Tech Exhibition, set to hold on February 28th and 29th, 2024, at the illustrious Eko Hotel and Suites. The event promises to be like no other. Fuelled by collaborative efforts across government, technology, […]

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Tech

Flutterwave Invests $3 Million in PiggyVest’s Parent Company, PiggyTech

In a recent development, Flutterwave, Africa’s leading startup, has invested $3 million in PiggyTech, the parent company of PiggyVest, a Nigerian fintech known for making saving trendy since mid-2023. The investment deal is structured as a SAFE (Simple Agreement for Future Equity), reflecting Flutterwave’s commitment to receiving equity in a future funding round. PiggyVest did […]

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Tech

Klas – Nigerian EdTech Secures $1M Funding for Global Expansion in Online Education

Nigerian edtech startup Klas has successfully secured $1 million in pre-seed funding in a round led by Ingressive Capital, with contributions from Techstars, HoaQ Capital, and various angel investors. Founded in 2022 by Nathan Nwachuku and Lekan Adejumo, Klas provides a platform that facilitates the creation and sale of ebooks, courses, and live classes. The […]

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Tech

InspiraFarms Cooling Secures Million-Dollar Investment for Sustainable Cold Chain Solutions

InspiraFarms Cooling, the Kenyan pioneer in cooling solutions, has just secured a substantial $1.09 million (€1 million) investment to bolster its off-grid energy cold storage projects throughout Africa. Among the key backers are the Foundation for Clean Energy and Energy Inclusion for Africa (CEI Africa), KawiSafi, and Factor[e].  This deal follows closely on the heels […]

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Tech

How FirstCheck Africa is Igniting a Future of Genderless Opportunities and Boundless Innovation

It’s become well-known the struggles that entrepreneurs face, especially in initial phases of bootstrapping and trying to bring a service or product to the market. For so many, securing capital from investors is the grace that either keeps them afloat, or failing to do so, flatlines the business and all of its hope,  In this […]

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