Nigerian automotive tech company, Autochek Africa, has completed its pre-seed round of $3.4 million. The round was co-led by Lagos, London, and Nairobi-based TLCom Capital and US-based 4DX Ventures. Japanese VC firm, Kepple Africa; sub-Saharan-focused firm, Lateral Capital; Ghana-based Golden Palm Investments; Chinese VC firm, MSA Capital; and several local angel investors participated in the round. Planning to build automotive solutions...
Access bank's continued efforts in furthering digital innovation in Africa have earned it global recognition by being crowned the Best Digital Bank in Africa by the Asian Banker. The award was presented at the Asian Banker Middle East and Africa Regional 2020 Awards virtual ceremony. Access Bank, Africa's largest retail bank, has over the years utilized technology to drive and reform...
…plans Roll-Out in Nigeria, Egypt, Tunisia, and Kenya The creation of the mobile business happened the second that prepaid calling was executed. Users with no secure income except for generally limited amounts of money could become clients when they had money. This week Mondia, a leading independent digital entertainment enabler, has launched a content platform that may turn into the...
A new study by Google and International Finance Corporation has revealed that the Internet economy and business has the outstanding potential of contributing $180bn to the economy of Nigeria and other African countries by 2025. The findings of the study which was made public on Wednesday, November 13 2020, featured within its pages the numerous growth opportunities within the African...
Kuda Nigeria based fintech startup, which is a pan-African mobile challenger bank for customers has announced it has a US$10 million seed funding round focused on accelerating its growth and expansion to meet customer's intense demands for its services across Africa. According to TechCrunch, this funding round is the biggest seed round ever to be raised in Africa. The funding comes...
Telecom giant Huawei Technologies, together with the Federal Ministry of Communications and Digital Economy alongside Advocacy for Human Value Foundation, announced their donations of various ICT equipment to Al-Walidyn Charitable School in the Pantami community of Gombe State – Nigeria. The group also disclosed that they also wholly renovated a building at the same school. The news was made public during...
The advent of COVID-19 has accelerated the speed of tech adoption among companies, industries, and individuals. Before the arrival or COVID-19, many small and medium enterprises did not think it was possible to operate their businesses outside the office's four walls. Many companies viewed online engagements and home deliveries as being too risky, expensive, and cumbersome. On the corporate divide,...
Stripe, a US-based payments giant, is venturing its business into Africa by obtaining Lagos-based payments firm Paystack in an arrangement supposedly worth more than $200 million. Established in 2015 by Shola Akinlade and Ezra Olubi, Paystack tackled online payments in Nigeria. Via seamlessly interfacing all multi-channel payment alternatives with traders nationwide, it empowered them to acknowledge payments from around the globe...
There’s still no clear path back to any sense of ‘business-as-usual’ as the COVID-19 pandemic continues, but United Airlines is embarking on a new pilot project to see if easy access to COVID-19 testing immediately prior to a flight can help ease freedom of mobility. The airline will offer COVID-19 tests (either rapid tests at the airport or mail-in at-home tests...
Google on Monday said it will launch its newest slate of consumer devices at a virtual event on Sept. 30. The lineup includes the search giant's the Pixel 4A 5G and Pixel 5 phones, a new Chromecast streaming device and voice-enabled smart speaker. The event, which will start at 11 a.m. PT follows the launch of the company's Pixel 4A budget...

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Ken Giami Notes

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