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Flutterwave raises over $10 million in series A financing

Flutterwave, an online payments company founded by Nigerian 26-year old, raises over $10 million in series A financing (Infographic)

Flutterwave, which provides modern payments infrastructure for banks and businesses to make and accept payments across Africa, announced on Monday that it has raised over $10 million in a Series A round of funding.

Iyinoluwa Aboyeji, the 26-year old Founder of Flutterwave and Andela

26-year-old founder wants to transform online payments in Africa

Aboyeji is the Co-Founder of Flutterwave, a payments API that makes it easier for banks and businesses to process payments across Africa.

Andile Ngcaba, Chairman, Convergence Partners

Convergence Partners, Google and the IFC commit $100 million to pan-African wholesale broadband provider CSquared

Convergence Partners recently signed an agreement with Google, the International Finance Corporation (IFC) and Mitsui & Co., Ltd. (Mitsui) to invest in CSquared, a broadband infrastructure company headquartered in Nairobi, Kenya.

iHub

Africa's tech hubs

Innovation hubs have become a mainstay of Africa’s emerging technology ecosystem.

Bob van Dijk, CEO, Naspers

Africa's most valuable company Naspers worth less than what it owns (Infographics)

Fifteen years ago, a South African media company invested $34 million in an obscure Chinese Internet developer. Today that stake is worth $88 billion.

Linda Ikeji Social

Linda Ikeji Social: Nigeria's super blogger Linda Ikeji launches social network and will share ad revenue with users (Video)

The name Linda Ikeji strikes fear into many a Nigerian celebrity. They’re often petrified their secrets are about be revealed in the powerful one-woman gossip machine that has dominated online media in Nigeria for the last decade.

iHub, Nairobi, Kenya

A few things we learned about tech hubs in Africa: GSMA (Infographic)

The last mapping exercise done by the World Bank in September 2015 listed less than 120 tech hubs in Africa. As of July 2016, GSMA’s research suggests there are 314 active tech hubs in Africa.

Tech companies help foster the startup ecosystem in Africa. Credit: Reuters/Thomas Mukoya/qz.com

Half of the tech hubs in Africa are located in South Africa, Kenya, Nigeria, Egypt and Morocco

A total of 314 tech hubs and incubation centers was recorded in July by the global telecoms industry body GSMA’s Ecosystem Accelerator, a program that works to enable partnerships between operators and developers on the continent.

Eric Osiakwan, Managing Partner, Chanzo Capital

How mobile is sparking creativity in African business: Eric Osiakwan, Managing Partner, Chanzo Capital

Chanzo Capital is an early stage micro-VC firm that provides capital and mentorship to high-tech startups in Kenya, the Ivory Coast, Nigeria, Ghana and South Africa (the so-called KINGS of Africa’s digital economy).

Africa Telecom and Tech IPO Pipeline Swells as Growth Companies Target Public Markets. Credit: sokopay.com

Africa Telecom and Tech IPO Pipeline Swells as Growth Companies Target Public Markets

From Nigerian fintech to East African fiber, several exciting and diverse companies are emerging as IPO contenders in Africa’s rapidly growing Technology, Media & Telecommunications (TMT) sector, according to specialist news provider TMT Finance.

Issam Darwish, Founder, Singularity Investments. Credit: forbes.com

Singularity invests in mobile advertising startup Sliide Airtime

Singularity Investments announced on Wednesday that it had invested an undisclosed sum into Sliide Airtime, a mobile advertising technology start-up that gives consumers free airtime in return for engaging with news and branded content delivered to the lock screen of their mobile devices.

iROKOtv hopes to chill Netflix Africa plans (Infographic)

When Netflix announced its launch in Africa earlier this year, many assumed the $30 billion streaming juggernaut would steamroller local competitors on its path to global domination.

South Africa's MTN is the most admired brand in Africa

MTN, Samsung and Coca-Cola top list of most admired brands in Africa

Brand Africa has announced that MTN is the overall best brand in Africa and reclaimed the #1 spot as the Most Admired Brand in Africa at a gala launch of the 4th Annual Brand Africa 100: Africa’s Best Brands at Sandton Convention Center.

Kushal Dutta, Managing Director, Jovago Nigeria. Image credit: footprint2africa.com

Kushal Dutta appointed Managing Director of Jovago Nigeria

Jovago, Africa’s largest hotel booking portal, has appointed Kushal Dutta as the Managing Director of Jovago Nigeria.

Here are 17 facts about Africa you might not know

Here are 17 facts about Africa you might not know

Here are some key facts and figures, courtesy of the Indo Asian News Service (IANS), about a continent that is not only one of the fastest growing regions of the world but one that is economically, culturally and linguistically diverse.

Government funding is just one avenue for African tech. Credit: Brent Lewin/Bloomberg; Eduard Gismatullin/Bloomberg. institutionalinvestor.com

Government funding is just one avenue for African tech

Hoping to reap the economic benefits of a digital revolution, several African countries are seeking to build their own versions of Silicon Valley.

Printivo founders Ibukun Oloyede, Oluyomi Ojo, and Ayodeji Adeogun. Credit: techcrunch.com

Nigeria-based Printivo wants to become the Vistaprint of Africa

Vistaprint has been around for 20 years, so if you live in the U.S. or Europe, ordering printed material online might not seem like a big deal.

Kenya's Lake Turkana Wind Power Project

Google to Buy Into Africa's Largest Wind Farm in Northern Kenya

Google Inc. will acquire a stake in Africa’s largest wind farm once the facility is completed in Kenya in 2017.

MallForAfrica

With a billion Africans set to shop online, a new wave of start-ups is looking to cash in (Infographics)

Africa’s middle class is rising and they have money to spend. About a third of the continent spends between $4 to $20 a day—a group that is expected to grow to 42% by 2060, according to data from the Africa Development Bank. That’s more than a billion people.

The Co-Creation Hub Nigeria (CcHUBNigeria) in Yaba, Lagos, Nigeria. Credit: techpoint.ng

Yabacon Valley: Nigeria tech startup enclave springs up in Lagos suburb

At first glance, Yaba is like many other parts of Nigeria’s sprawling commercial capital: a cacophony of car horns and shouting street vendors mingling with exhaust fumes.

South Africa's Naspers returns to bond market to fund emerging markets internet acquisitions

South Africa's Naspers returns to bond market to fund emerging markets internet acquisitions

Naspers Ltd. sold bonds for the first time in almost two years to fund emerging-market Internet acquisitions, a strategy that’s transformed the media group into Africa’s biggest publicly traded company by market value.

Traditional Nigerian dances have been joined by new music and attitudes

I've seen Nigeria's old power at work. I know change is coming: Ken Saro-Wiwa, Jr., Partner, Dragon Africa

When President Muhammadu Buhari was sworn in as Nigeria’s 15th head of state last month, it was, as the saying goes, the beginning of an end and the end of a beginning.

Africa is the new China

Africa is the new China: Here is why you should care

Apart from the fact that one is a continent and the other a country, Africa is the new China. This seems like an odd idea at first. After all, China has a booming economy, and African countries are poverty-stricken, politically volatile, and unjustifiable business risks. Right? Wrong.

Mo Abudu's EbonyLife TV launches subscription video-on-demand African content platform for Africans in the Diaspora

Mo Abudu's EbonyLife TV launches subscription video-on-demand African content platform for Africans in the Diaspora

EbonyLife TV just launched a premium, multi-screen, video-on-demand (VOD) platform.

Tayo Oviosu, CEO, Paga

21 Nigerian tech CEOs at the top of their game

Here are 21 of the country’s tech entrepreneurs who are at the top of their game and are making serious waves in the tech space.

An illustrator works on a digital drawing board at the Kuluya Games office at Anthony district in Nigeria’s commercial capital of Lagos June 16, 2014. REUTERS/Akintunde Akinleye

10 technology trends to watch in Africa in 2015

Because connectivity defines modern prosperity, and because Africa will not be able to build roads fast enough to manage its growth, the continent will be the first to adopt cargo drones at massive scale.

Bitcoin's Big Opportunity In Africa

Bitcoin's Big Opportunity In Africa

On a Tuesday night at a Nairobi tech incubator, Michael Kimani preaches the virtues of crypto currencies to a small gathering of tech-savvy Kenyans.

Strive Masiyiwa, Founder & Chairman, Econet Wireless Group

Liquid Telecom secures $150M to extend super-fast broadband network in Africa that will be 5x faster than what is available in the UK

Liquid Telecom, a telecoms group aiming to build better broadband in parts of Africa than is available in the UK, has raised $150m to extend its superfast fibre networks across the continent.

Nkiru Oparah Photograph - Nkiru Oparah

Africa remix: the artists subverting colonial imagery (Photos)

Using Google search, old magazines, Photoshop, and ethnographic images, artists across the continent are using the internet as a playground.

Google predicts massive ecommerce market in Africa by 2017

Google predicts massive ecommerce market in Africa by 2017

Google South Africa is seeing considerable growth in Africa’s ecommerce space and expects 2015 to be another growth year.

M-PESA

Fact of the Day: Mobile money service M-PESA is Kenya's top brand

Mobile money payment service M-PESA has been voted as Kenya’s leading brand in the Top 20 super brands in Kenya survey.

www.google.ng/elections: Google’s Nigeria elections portal

Google launches online portal for Nigeria's 2015 elections

Google has launched an online news portal to provide updates on the forthcoming general election in Nigeria.

Sim Shagaya, Founder & CEO of Konga and DealDey

Building Konga, Africa's Alibaba: Sim Shagaya (Part One)

Chatting with Simdul Shagaya is like an intense, super-charged colloquy on doing business….in Africa.

Delivery Science

10 African startups that rocked 2014

2014 has been another amazing year for startups in Africa.

iHub, Nairobi, Kenya

East Africa's burgeoning tech hubs (Video)

In Kenya, East Africa’s largest economy, 1 in 5 people access the web using a smart phone.

Uber

Uber is coming to Kenya, following launches in South Africa, Nigeria, and Egypt

Uber, the rapidly growing taxi app, is preparing to launch in Kenya.

Norway's Opera acquires South African mobile ad network AdVine

Norway's Opera acquires South African mobile ad network AdVine

Opera — the Norway-based company that develops data-compressed web browsers, app storefronts, and other cloud-based services for mobile and other platforms — has made another acquisition to build out Mediaworks, its mobile advertising subsidiary.

Twins Kessie and Eku Edewor

The Nigerians have arrived ... and London is paying attention

Richard Vedelago is 29 years old and worth more millions than he’s prepared to tell. ‘Money talks, but wealth whispers,’ he says with a smile, sitting back in the bar at Claridge’s – his idea – and lazily sipping an elderflower juice.

Arik Air

Nigeria's Arik Air now accepting international mobile payments powered by SlimTrader

Arik Air has activated international payments on its mobile platform. Customers from anywhere in the world can now access Arik Air’s mobile site, search for tickets, select flights, and pay using credit and debit cards from Visa and MasterCard.

Abasiama Idaresit, Founder & Managing Director, Wild Fusion

We'll continue to enable African businesses to succeed, using technology: Abasiama Idaresit, Founder & MD, Wild Fusion (Video)

Wild Fusion is an online marketing company with offices in Accra, Lagos and Nairobi. Wild Fusion was the first Google AdWords Certified Partner in Ghana and Nigeria.

BlackBerry Passport

Given BlackBerry's strong popularity in Nigeria and South Africa, will the newly-launched BlackBerry Passport be a hit on the continent?

BlackBerry released its new Passport phone today, a keyboard smartphone with a 4.5-inch​ screen aimed at corporate users.

LinkedIn

LinkedIn usage grows 40% in South Africa

In a tough economy it may appear that South African job seekers are turning to online professional services network, LinkedIn, to connect with prospective employers.