San Francisco-headquartered, African-centred fintech company Flutterwave has guaranteed the safety of their customers’ funds, amidst reports of an alleged ₦11 billion security breach. On Thursday morning, TechCabal exclusive report states that some unidentified persons illegally transferred ₦11 billion ($7 million) from Flutterwave’s coffers to several accounts, in order to evade fraud checks. While the […]
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After over a decade-long experience in the marketing and banking sector, Ghanaian international Marie-Reine Seshie set out to address the critical challenges faced by wholesalers, retailers, and distributors in the fast-moving consumer goods (FMCG) sector with the establishment of Kola Market in 2021. Born and raised by an entrepreneur, Seshie understood the struggles of […]
Read More… from Marie-Reine Seshie’s Kola Market Transformational Impact on African SMEs
Dr Bosun Tijani, Nigeria’s Minister of Communications, Innovation, and Digital Economy, has announced the government’s plans to establish the Nigerian Digital Technology Exchange Program Hub (Nigeria Startup House) at a government-owned property in San Francisco, United States of America (USA). Minister Tijani announced this via his official X (formerly Twitter) account on Tuesday, where […]
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Maad, a fast-growing Francophone B2B e-commerce startup headquartered in Senegal, has successfully secured $3.2 million in debt-equity funding. This infusion of capital aims to fortify Maad’s expansion efforts within Senegal and pave the way for new ventures across the broader Africa’s Francophone region. The seed round, led by Ventures Platform, saw significant participation […]
Read More… from Senegal-Based Startup Maad Raises $3.2M Seed Funding to Enhance Expansion
Before 2022, the pay cycle for Nigerian employees involved getting paid at the end of the month, in contrast to the weekly or bi-weekly pay schedules seen in foreign workforces. While the sequence in Nigeria isn’t entirely a bad one, the advent of Earnipay Limited’s on-demand pay in the country’s labour scene has brought about […]
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Google has opened applications for small and medium-sized businesses (SMBs) in Sub-Saharan Africa for the 2024 Hustle Academy Cohort where Artificial Intelligence (AI) training will be integrated directly into the curriculum. Launched in 2022, the Hustle Academy—a free, five-day virtual bootcamp—seeks to bridge the gap between skill acquisition, funding, and business execution by offering […]
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On Tuesday, May 7, Richard Teng, the Chief Executive Officer of Binance, the world’s largest cryptocurrency exchange platform, made a startling revelation by accusing certain Nigerian officials of attempting bribery with the firm’s representatives in Abuja. What happened? Over 70 days ago, the Nigerian government during a probe into an alleged market manipulation […]
Read More… from Binance Standoff With Nigeria Government: All You Need to Know
In 2016, Spotify launched Spotify Wrapped, a marketing campaign that has grown to become viral. Released every year in early December, it generates conversations on social media, creating a buzz around the brand, and stroking the egos of artists across the world. Spotify Wrapped, which began as a simple feature in 2016 has proven […]
Read More… from Does Spotify Wrapped Inflate your Favourite Musician’s Ego?
Some never-before-seen incidents happened in the African NFT sector this year. From Ghana’s popular dancing Pallbearers auctioning their viral video for a mouth-watering sum to Nigeria’s Adisa Olashile selling a piece of his photograph as an NFT, 2022 was good for NFT in the continent. In case you missed it In 2020, […]
Read More… from NFTs & Creatives: We Speak with Tobi Ogunrinde, a Creator Bursting Through the Scene to Speak about his Challenges.
The Nigerian nightclub scene is relaxing, yet oppressive. In the blue-hued scenery of Cubana and the smoke clouded rooms of Club DNA, music and money are kings. A new entrant in the Nightclub scene may be taken aback at first encounter, as music is stopped at intervals to hail the latest big spender. The hypemen […]
Read More… from How TikTok has Aided the Emergence of Hypemen in Afrobeats
“MTN took a step into the era of telecommunications, broadcasting and media convergence”, Punch Newspaper said in 2016 as MTN announced its digital broadcasting service in Jos. The telecommunication giant had paid the whopping sum of N34bn to the Nigerian Broadcasting Corporation the previous year to obtain the license for this, the first time a […]
Read More… from How Much Success has Telecommunication Services Made in the Broadcast Industry?
To gain an audience and promote their music, musicians need to find the right digital streaming platforms to distribute their music to. Some of the popular platforms include Spotify, Soundcloud, Apple Music, Deezer, and more recently Audiomack. Audiomack is a popular, youth-driven music streaming platform that has gained a significant following in Africa in recent […]
Read More… from Audiomack’s Dominace is Coming