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The motorcycle ride-hailing wars in Nigeria and Uganda is SafeBoda’s to lose

TechCrunch

On April 16, Uganda-based two-wheel ride-hailing platform SafeBoda announced that it had completed 1 million rides in Ibadan, a southwestern city in Nigeria. The company, which first launched in Uganda, is disrupting the offline market of local motorcycles referred to as boda-bodas in Uganda and okadas in Nigeria.

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From email scams to e-commerce wins: How online shopping is helping Nigeria fix its Internet reputation

The Next Web

Nigeria itself is home to 170 million people, a figure that is expected to rise to 400 million by 2050, and the biggest market in Africa. According to Transparency International in 2013, Nigeria was the world’s 144th most corrupt country out of the 177 countries monitored. Online shopping as tech opportunities.

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African tech took center stage in 2021

TechCrunch

Two years ago, the African tech ecosystem saw newfound attention from global players that translated to the continent’s best year of receiving venture capital. From varying sources, it is estimated up to $2 billion went into African tech startups in 2019. AfricArena, a tech ecosystem accelerator, pegged deals to close between $2.25

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Meta-funded program teaches tweens about online exploitation

Mashable Tech

While sextortion can happen on any platform, and between people who know each other in person, criminals and scammers have used Meta to target victims. Last year, the company removed at least 63,000 Instagram accounts in Nigeria that attempted to financially extort victims.

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Rensource-spinoff Sabi closes $6M bridge round, expands B2B retail platform outside Nigeria

TechCrunch

Nigeria’s Rensource raises $20M to power African markets by solar. Sabi is an attempt at platforming the informal sector and African trade via various online and offline channels. We’re not trying to be, you know, a tech-enabled digital distributor. Anu Adasolum (Founder and CEO, Sabi).

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YC-backed Remedial Health raises $1 million pre-seed to digitize pharmacies in Nigeria

TechCrunch

Remedial Health has secured $1 million in pre-seed funding to digitize pharmacies and stem the supply of fake and substandard pharmaceutical products, starting with Nigeria before expanding to the rest of Africa. The platform also stores patients’ medical records and supports reporting and accounting. That business was pretty small.

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YC W22 batch nets 24 African startups, including 18 from Nigeria

TechCrunch

India, with 32 startups, is the second-largest demographic represented in the new batch, while Nigeria is third, having delivered 18 startups. What it says it does : A platform for corporate expense cards and spend management for businesses in Africa. Location : Lagos, Nigeria. Location : Lagos, Nigeria. Website : [link].

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