Three women fund managers from Nigeria, Kenya and South Africa have been selected to receive Visa’s grant funding from the African Women Impact Fund Initiative (AWIF), a collaboration between Standard Bank and the United Nations Economic Commission for Africa (UNECA). SME.NG (Nigeria), Altree Capital (Kenya) and Maia Capital (South Africa) are the selected recipients and …
It is an election season across some African countries. Nigeria has taken the lead to conduct its Presential and State elections within one month – amid heated controversies of corruption, conflicts and bigotry. According to local news, only 1,553 of the total 15,307 candidates who participated in the general elections were women. A decline from 2,968 …
On Monday, March 13th, Naspers took an axe to its venture capital fund, Naspers Foundry, putting the kibosh on R1.4 billion (~$77 million) in funding. Henceforth, the fund’s portfolio companies and any additional investments shall be tended by Prosus Venture. The Foundry was born in October of 2019, when Naspers’ South Africa CEO, Phuthi Mahanyele-Dabengwa, …
Are you looking to convert your bitcoin to naira quickly and easily? As more people in Africa begin to adopt cryptocurrencies, many are interested in converting their Bitcoin to Naira and searching for the best way. There are numerous crypto exchange platforms online, and it can get overwhelming trying to figure out which one you …
CBN bows to the Supreme Court’s order After six long weeks of naira swap tussle, the Central Bank of Nigeria (CBN) finally bows to the Supreme Court’s order to extend the deadline for the use of old naira notes to December 31, 2023. Nigerian residents can now do business with the old banknotes of N1,000, …
Payday, the leading Pan-African neobank issuing global (USD, EUR & GBP) accounts to Africans, has announced a $3M seed round, led by Moniepoint Inc, with participation from HoaQ, DFS Lab’s Stellar Africa Fund, Ingressive Capital Fund II and angel investors – Dare Okoudjou Founder and CEO of MFS Africa & Tola Onayemi CEO of Norabase. …
Nigeria has been in the middle of one of the oddest cash crunches in history. Following a currency redesign, naira notes virtually vanished from banking halls, ATMs and POS shops. As a result, many people experienced a new way of being broke — having money but being unable to spend it. It’s easy to see …
$3 million cloud credit to women founders As part of initiatives to commemorate this year’s 2023 International Women’s Day (IWD), UK- Nigeria Tech Hub and Google are collaborating to empower women founders. Through the collaboration, $ 3 million will be in Google Cloud credits to women founders in Nigeria. These cloud credits are often expensive …
The online menu is an essential element of your restaurant’s digital presence. It is the first point of interaction between your customers and your culinary offerings, making it a vital tool to entice potential patrons to visit your establishment. A well-designed, functional online menu can boost your restaurant’s reputation and increase sales. In this article, …
Meta has been at the centre of numerous controversies for years, from its handling of user data to its role in spreading misinformation and disinformation. But its latest legal trouble, involving content moderators in Africa, highlights a different kind of problem: the exploitation of vulnerable workers in the global South. Earlier this week, a Kenyan …