StartupsTechnology

Future Africa Founder, Iyinoluwa Aboyeji, to invest $100,000 in Nigerian startups

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June 30, 2022
The founder of investment firm, Future Africa, Iyinoluwa Aboyeji, has disclosed his company’s willingness to invest in small businesses operating in Nigeria, in a bid to assist their growth. Aboyeji co-founded Flutterwave and Andela, leading them to become a billionaire-dollar company in Nigeria, before quitting the product market to become an investor in the product market. He launched Future…
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StartupsTechnology

Thepeer raises $2.1 million to connect businesses

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June 28, 2022
As more African startups spring up to solve the myriad of problems on the continent, the issue of interoperability emerges. Fintech users, for example, want to complete transactions seamlessly without cycling through numerous options, and Thepeer believes it can solve…
StartupsTechnology

Carepay Nigeria Qualifies for Visa Everywhere Initiative

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June 16, 2022
CarePay Nigeria joins four other startups from the CEMEA (Central Europe, Middle East, Africa) region for the Visa everywhere initiative. The innovative health tech startup is one of five finalists shortlisted from over a thousand applications received from all over the CEMEA region which consists of about 100 countries. The 2022 CEMEA regional finals event will be livestreamed by TechCrunch on…
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StartupsTechnology

Jumia Launch e-Doctor Service On JumiaPay App

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June 13, 2022
Jumia, the leading pan-African e-commerce platform, today announced the launch of e-doctor, a telemedicine service which aims at providing quality, affordable and digital real-time healthcare consultations in Nigeria. Consumers will have access to a licensed doctor through the e-doctor service on the JumiaPay app. This medical consultation service seeks to address healthcare access issues faced by…
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StartupsTechnology

NITDA Moves To Buy Nigerian Tech Startups 

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June 13, 2022
The Ministry of Communications and Digital Economy and its agencies like NITDA will work closely with Nigerian startups to ensure the procurement of technology solutions without going through unnecessary bureaucratic processes, an official said. Upon approval by the…
StartupsTechnology

Pan-African digital payments company MFS Africa acquires GTP for $34M

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June 7, 2022
Pan-African digital payments company MFS Africa is acquiring U.S.-based Global Technology Partners (GTP) in a cash-and-shares deal worth $34 million, FT reported today. There are very few deals of such manner; that is, an African tech company buying up a U.S.-based one. While it can be seen as bragging rights for some, MFS Africa made the deal out of a necessity for its next growth phase. MFS…
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