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…
A Nigerian edtech startup, Kibo, has secured a $2 million seed funding led by Neo to expand the platform’s program.
The funding round saw participation from Future Africa, Pledges, Brooklyn Bridge Ventures, Transcend Network and several angel investors.
Kibo’s Chief…
MTN Nigeria subsidiary, Momo Payment Service Bank Limited lost N22.3 billion following a security breach on the fintech’s system, which forced the company to shutdown operation temporarily.
The incident occurred on May 24, 2022, after Momo PSB processed 700,000…
Nigeria-based talent solution startup, MyPayJobs, has launched venture to connect indigenous talents to jobs online.
The Co-founder and CEO, Samuel Okechukwu Mathew, on Wednesday, confirmed the development in a statement made available to Ripples Nigeria.
MyPayJobs, which is based in Port Harcourt, is a digital marketplace that seeks to connect buyers and sellers of digital products and…
Thepeer raises $2.1 million to connect businesses
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…
NETFLIX CUTS 300 MORE JOBS
June 28, 2022
Netflix has announced another round of job cuts as it grapples with slowing growth and increased competition.
The streaming giant said it was cutting 300 more jobs – roughly 4% of its workforce – mostly in the US, this after axing 150 people in May.
The latest round of…
Afropolitan, a community-as-a-service company for the African diaspora, has raised $2.1 million in pre-seed.
VCs who participated include Hashed, Atlantica Ventures, Microtraction, Cultur3 Capital, and other unnamed investors.
The round also saw some angel investors, including Balaji Srinivasan, Elizabeth Yin of Hustle Fund, Shola Akinlade of Paystack, Ian Lee of SyndicateDAO, Iyinoluwa Aboyeji…
Nigerian health tech startup, Healthtracka, has raised $1.5 million in a seed funding round led by Hustle Fund and Ingressive Captial. Other participants in Healthtracka’s $1.5 million seed funding round include Flying Doctors and Alumni Angels Alliance
Co-founded by…
It was all glamour, glitz and funfair at the Head of Office of Nigerian Breweries in Iganmu as the trio of Flavour N’abania, Yul Edochie and Phyno renewed their brand ambassador contracts with Life Continental Lager Beer. As a leading South Eastern beer…
Bumpa Partners With Google To Empower SMBs Across Africa
June 16, 2022
Foremost e-commerce platform startup, providing easy business management for SMEs: Bumpa, has joined with Google in an initiative aimed at empowering Africa’s small and medium businesses in Nigeria, Ghana, Kenya and South Africa.
The Google Hustle Academy, seeks to provide MSMEs across Kenya, Nigeria, Ghana and South Africa with expert training on business strategy and development, digital…