TechCrunch

FEBRUARY 14, 2022

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. Other notable startups in the space are Kenya’s MyDawa, Ghana’s mPharma and Nigeria’s DrugStoc.

Nigeria 94

Nigeria Digital Africa Raise 94

TechCrunch

FEBRUARY 9, 2022

Nigeria has more than 12 million registered vehicles , and approximately 90% of them are used cars that need frequent checkups to prevent recurring breakdowns. Given this number, one would expect effective vehicle maintenance to be standard in Nigeria. African tech took center stage in 2021. million seed round. .

Nigeria 95

Nigeria Service Africa Mobile 95

TechCrunch

APRIL 5, 2022

The number of POS terminals in Nigeria grew from 150,000 in 2017 to 543,000 in April 2021, according to Statista. In Nigeria, POS terminals are used to process card payments at retail locations as well as for agency banking purposes, a branchless banking system where agents act like human ATMs.

Nigeria 91

Nigeria Mobile Raise Offline 91

TechCrunch

NOVEMBER 15, 2021

Africa Health Holdings , a healthcare startup running several hospitals, has secured $18 million in a Series A round, funds that will go toward building its “tech-forward healthcare system” across Ghana, Kenya and Nigeria. Valiant Capital, Kepple Ventures and SUNU Capital. Valiant Capital, Kepple Ventures and SUNU Capital.

Africa 101

Africa Ghana Kenya Nigeria 101

TechCrunch

AUGUST 20, 2021

The process of digitizing the operations of mom and pop stores in Nigeria is serious business right now. Today’s news is from Alerzo , a little-known B2B e-commerce retail startup based in Ibadan, Nigeria. Alerzo owns and operates its full-stack tech-driven supply chain and logistics to process these orders.

Nigeria 145

Nigeria Raise Online Asia 145

TechCrunch

JULY 20, 2021

“I survived a 21-day coma in Nigeria 15 years ago. Despite the company’s innovation, funding has been few and far between, as with many deep tech platforms with a significant focus on Africa. Alonge sees RxAll as a pioneer in the world of deep tech mixed with health tech. He went into a coma for three weeks.

Africa 104

Africa Tech Nigeria South America 104

Mashable Tech

FEBRUARY 12, 2025

Last year, the company removed at least 63,000 Instagram accounts in Nigeria that attempted to financially extort victims. 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.

Teach 107

Teach Online Program Teen 107

TechCrunch

NOVEMBER 25, 2021

We’re not trying to be, you know, a tech-enabled digital distributor. Growing an average of 40% month on month in Nigeria, Sabi intends to replicate its rapid growth in other African countries Kenya and South Africa. Sabi’s growth, in addition to market demand, comes from the background of its founders.

Nigeria 84

Nigeria Platform South Africa Offline 84

TechCrunch

DECEMBER 16, 2021

The undisclosed investment comes two months after Alphabet CEO Sundar Pichai announced the tech giant’s intentions to commit $1 billion over the next five years in “tech-led initiatives”, which includes a $50 million Africa Investment Fund targeted at early- and growth-stage startups on the continent.

Africa 145

Africa Fund Uganda Nigeria 145

TechCrunch

DECEMBER 19, 2021

Nigerian mobility tech startup Metro Africa Xpress Inc. ( They recently partnered with Estonian ride-hailing company Bolt in a lease-to-own arrangement that is set to enable 10,000 drivers under the platform in Nigeria acquire energy-efficient vehicles.

Africa 143

Africa Mobile Ghana Tech 143

TechCrunch

MAY 4, 2022

His experience from this activity, coupled with working as a technical adviser to the vice president’s office in Nigeria a couple of months back, led him to launch Norebase , a trade tech startup that has raised $1 million in a pre-seed round. The service, which is only available for incorporating businesses in Nigeria, the U.S.

Africa 139

Africa Burkina Faso Nigeria Companies 139

TechCrunch

AUGUST 23, 2021

” The company, founded in 2018, had an exclusive presence in Nigeria before last year. By simply allowing unbanked and underbanked users in Nigeria to send and receive money and pay bills through a network of thousands of agents, OPay has grown at an exponential rate. The company plays in an extremely competitive fintech market.

Fund 139

Fund Nigeria Egypt Africa 139

TechCrunch

FEBRUARY 1, 2022

Andela has been pivotal to placing the continent’s tech talent globally. Nigeria has a population of almost 200 million, with 60% under the age of 25. It’s a one-year program where students take classes for nine months (three semesters) followed by a three-month internship at local tech companies to gain experience.

Nigeria 139

Nigeria Alternative Build Raise 139

TechCrunch

SEPTEMBER 2, 2022

Kuda , the challenger bank based in Nigeria and the U.K., has joined the ranks of tech companies in Africa that are pruning their workforce. The news of the layoffs, which was first disclosed to TechCrunch by sources, was confirmed by Kuda via email, saying it laid off less than 5% of its 450-strong workforce, or about 23 people.

Digital 137

Digital Nigeria Pakistan Ghana 137

TechCrunch

JANUARY 9, 2023

“After proving that, we needed to figure out how to best place this technology dynamically and, over the last couple of months, made progress on Kraken’s evolution from being static to being portable and reducing the cost significantly [Kraken II] while adding new products [SITE] to complement the suite of tech that we have already.”.

Process 99

Process Tech Nigeria Africa 99

TechCrunch

OCTOBER 18, 2022

AltSchool’s co-founder and CEO Adewale Yusuf told TechCrunch that since launch, the school has received increased interest for the courses it offers, pointing to a growing pool of youth that are keen on careers in tech. Nigeria’s AltSchool raises $1M pre-seed to build an alternative school for Africans.

Course 88

Course Skills Tech Nigeria 88

TechCrunch

MARCH 22, 2021

to reach a relative in Nigeria. Ben Eluan and Osezele Orukpe , two software engineers based in Nigeria, faced this problem in 2019. The company witnessed this growth despite the Central Bank of Nigeria’s clampdown on crypto exchange activities. Nigeria is becoming Africa’s unofficial tech capital.

University 145

University Nigeria Build Africa 145

TechCrunch

JANUARY 25, 2021

Microtraction , an early-stage venture capital firm based in Lagos, Nigeria, saw funding nearly quadruple for its portfolio. ” Badamosi, who returned to Nigeria from the UK in 2015, worked as the general manager for Starta Africa, an online community for African tech entrepreneurs. The introductory batch was all Nigerian.

Nigeria 138

Nigeria Africa Report Mauritius 138

TechCrunch

NOVEMBER 14, 2021

Chibuzo Opara and Adham Yehia, being all too familiar with the problems of poor pharmaceutical supply chains, are planning to widen the reach of DrugStoc, a e-health drug procurement platform that eliminates these challenges by linking drug companies with institutions such as hospitals and pharmacies, in Nigeria. million series A funding.

Nigeria 112

Nigeria Fund Africa Problem 112

TechCrunch

JANUARY 22, 2021

million in 2016, it was one of the largest disclosed rounds at that stage in Nigeria. . Nigeria’s Kuda raises $10M to be the mobile-first challenger bank for Africa. million; Nigerian automotive tech startup Autochek Africa , which raised $3.4 “We backed Fara because she’s a strong tech founder.

Africa 137

Africa Nigeria API Egypt 137

TechCrunch

FEBRUARY 7, 2022

Kuti’s comments highlight critical issues with healthcare in Nigeria: accessibility and affordability. In Nigeria and some emerging markets, it’s common for people to take healthcare for granted. In 2015, the three co-founders launched Kangpe, a telemedicine-focused startup in Nigeria with a “doctor in your pocket” slogan.

Nigeria 135

Nigeria Raise Africa Egypt 135

TechCrunch

JULY 26, 2021

Olumide Soyombo is one of the well-known active angel investors in Nigeria tech startups and Africa at large. Voltron will be deploying capital to roughly 30 startups, mostly in pre-seed and seed-stage across Africa, in a bid to “address the severe lack of access to early-stage funding for African tech companies.”

Fund 109

Fund Profile Nigeria Africa 109

TechCrunch

MARCH 7, 2022

So, u sers from different countries — Ghana, Nigeria and Kenya, for now — can connect their bank or mobile money accounts to Dash, pay bills, and send and receive money to other users while the platform handles currency conversions. African tech took center stage in 2021.

Ghana 145

Ghana Kenya Raise Build 145

TechCrunch

MARCH 1, 2022

Six years ago, it was heavily focused on East Africa, but having pulled out of Tanzania, M-KOPA is present in Kenya, Uganda, Nigeria and Ghana. Ex-SafeBoda executive Babajide Duroshola joins M-KOPA to lead expansion into Nigeria. Since launching in Nigeria, M-KOPA has acquired over 50,000 customers, its executives said.

Marketing 140

Marketing Kenya Ghana Nigeria 140

TechCrunch

MARCH 9, 2021

.” In a statement, Agboola gives credit to the company’s more than 300 staff, investors, customers and regulatory bodies like the Central Bank of Nigeria (CBN) for creating the backbone for Flutterwave’s success. Rising African venture investment powers fintech, clean tech bets in 2020.

Companies 145

Companies Raise Africa Nigeria 145

TechCrunch

MARCH 18, 2021

” The company, which currently offers mobile-first banking services in Nigeria, has picked up $25 million in a Series A being led by Valar Ventures, the firm co-founded and backed by Peter Thiel, with Target Global and other unnamed investors participating. “We closed February at $2.2 ” Image Credits: Kuda.

Nigeria 126

Nigeria Raise Paypal Africa 126

TechCrunch

OCTOBER 11, 2021

Nigeria’s Mono raises millions to power the internet economy in Africa. I feel like Nigeria is capped in terms of how many businesses we can target,” said Hassan, who co-founded Mono with Prakhar Singh, over a call. Hassan adds that Mono might complete the move to South Africa via a partnership with Absa bank this year.

Global 141

Global Africa South Africa Nigeria 141

TechCrunch

FEBRUARY 3, 2023

SunFi , the Nigerian clean tech startup that connects people and businesses who want solar energy access to payment plans that match their needs, has raised $2.325 million in seed funding. So we’re built as a fintech for the clean tech space, which doesn’t exist in Nigeria.” The SunFi team.

Nigeria 95

Nigeria Management Africa Aggregator 95

TechNode

SEPTEMBER 11, 2023

10×1000 Tech for Inclusion Program Initiated by Ant Group and IFC Before the panel discussion, the host briefly introduced the 101000 Tech for Inclusion Program , an initiative aimed at promoting tech inclusion and bridging the digital divide in underserved communities. trillion in Nigeria.

Bangladesh 52

Bangladesh Nigeria Malaysia Digital 52

TechCrunch

OCTOBER 13, 2021

Living in Lagos, the commercial city of Nigeria, is not for the faint of heart. At the time, founders were increasingly launching ventures in fintech, e-commerce and logistics, so it was surprising to see Enegesi and his co-founders choose to tackle a space many felt couldn’t be profitable for a tech company in Nigeria. .

Life 129

Life Service Business Raise 129

TechCrunch

FEBRUARY 10, 2022

Duplo will spend most of this investment on improving its product, tech and sales as well as move into other sectors asides from FMCG retail to businesses in travel, farming, B2B marketplaces, alcohol and beverages. There’s just a tonne of potential opportunity for us as a business that we can tap into very soon,” said Oyekola.

Nigeria 95

Nigeria Companies Build Africa 95

TechCrunch

JUNE 22, 2022

Salient surveyed over 80 companies across Ghana, Kenya, Nigeria, and Uganda, 25% more than the number it tracked in its last report in 2021. And of course, funding in health tech is generally low. Online pharmacy regulations have been launched in Nigeria and Ghana and are in development in Kenya and Uganda.

Ghana 114

Ghana Nigeria Kenya Africa 114

TechCrunch

OCTOBER 14, 2022

Opeyemi Awoyemi , one of Nigeria’s well-known serial founders, is back with another outfit. On the other hand, Omolara, its operating partner, has worked as country manager of Jumia’s fintech arm in Nigeria and was a senior program manager at Facebook. And Buzzline, a mobile OS for solo entrepreneurs.

Ideas 123

Ideas Build Africa Nigeria 123

TechCrunch

FEBRUARY 8, 2022

Partech Africa covers equity deals in tech and digital spaces and funding rounds higher than $200,000. African tech took center stage in 2021. Other sectors include health tech (8%), logistics (7%), education (5%) and clean tech (5%). Nigeria and South Africa are in the top two; Egypt and Kenya switch.

South Africa 98

South Africa Africa Egypt Nigeria 98

TechCrunch

MARCH 10, 2022

The API-based tool, dubbed Grow, has so far been integrated with 22 tech entities across Africa including Topship, Barter by Flutterwave, Float, Fingo and Payhippo, enabling them to either bundle their main products with insurance packages or offer insurance as a standalone service.

API 93

API Africa Platform Business 93

TechCrunch

FEBRUARY 11, 2021

Stripe acquires Nigeria’s Paystack for $200M+ to expand into the African continent. According to Partech, fintech represented 25% of total African funding raised last year, with agritech, logistics & mobility, off-grid tech, and healthtech sectors following behind. million; Nigeria followed with $150.4

South Africa 129

South Africa Raise Africa Ghana 129

TechCrunch

MARCH 29, 2022

The adoption of buy now, pay later (BNPL) in Nigeria as a payment option both online and at the point of sale is expected to record a CAGR of 20% from 2021 to 2028, per this report. But becoming a market leader in Nigeria or Africa isn’t CredPal’s for the taking. Nigeria’s ThankUCash secures $5.3M

Africa 96

Africa Nigeria Product Ghana 96