Press release

4DX Ventures and Flutterwave make first Francophone Africa investment, pumps $2.4 million in CinetPay

CinetPay, a digital payment platform for merchants in Francophone Africa today announced a $2.4 million seed round from Flutterwave and 4DXVentures.

CcHub partners Ekiti state on Nigeria's 1st governance innovation accelerator

In collaboration with the MIT GOV/LAB, Gatefield, and the Ekiti State, Co-Creation Hub (CcHub) launched the first-ever governance innovation accelerator in Nigeria last week.

African Capital Alliance completes WIOCC $200m capital raise to drive its pan-African expansion

African Capital Alliance (ACA) has made an equity investment through its CAPE IV fund to round off West Indian Ocean Cable Company's (WIOCC) $200 million capital raise.

How Loomzy Suites is leveraging technology to transform hospitality in Nigeria

Loomzy Suites, a prop-tech startup based in Lagos, Nigeria has today announced its plan to expand its operations to turn around the face of hospitality and hotel management using technology.

Carry1st, PayPal and Chipper Cash partners to accelerate digital payments in Africa

Carry1st has collaborated with PayPal and Chipper Cash in a move to further accelerate digital payments in Africa.

Blockchain startup Payourse raises $600,000 pre-seed funding

Payourse, a Lagos-based blockchain startup, has secured $600,000 pre-seed funding to scale its products — Coinprofile and Simpa, hire more talents, and expand into new markets.

Apply for Adanian Labs Venture Building Programme to receive $120,000 investment

Startups in Kenya, Nigeria, South Africa, and Tanzania can apply for the 12-month programme; the deadline is December 10, 2021.