In a statement, Co-Founder and CEO, Onyeka Akumah said, “We are very excited about this new investment to partner with Techstars. This is the second time a startup I founded will go through a Techstars accelerator program in Toronto and we are truly happy they have believed in our ability again to execute.” Techstars Toronto Accelerator Program Plentywaka will join the Techstars Toronto program to gain further funding, mentorship, and access to a rich network of entrepreneurs and experts in the travel industry....

With this raise, OAM has acquired 100% of Jobberman and BrighterMonday, the two job businesses it invested in earlier in Nigeria and Kenya respectively. OAM owned part of Jobberman but now has 100% of the jobs markertplace present in Nigeria and Ghana. OAM will also be using this cash to expand its property, jobs and cars marketplaces to new markets, and last year it acquired part of BuyRentKenya and a general classifieds in Zimbabwe....

OPPO Kenya PR manager says, “OPPO Reno8 series is our most ambitious smartphone model yet. Offering ultra-fast, ultra-powerful connectivity and high-end technology that works. It incorporates world-class updates into a usable device that upgrades the consumer’s daily digital efficiencies” In this article, we are going to do a detailed review of the OPPO Reno 8 5G device and see if it meets the eye. We’ve been using it for a few days now, good enough for a satisfactory review to guide you as you plan your next purchase....

Much about the Oppo Reno 8 Pro, Oppo Reno 8, and Oppo Reno 8 Lite is already Known. To start with, the Reno 8 Pro sports a renowned MariSilicon X . This is the case with Reno 8 range as well. The Reno 8 and 8 Pro put a lot of emphasis on the photograph. For its part, the Reno 8 Lite makes an effort to distinguish itself by adding extra features like retro notification LEDs....

Officially started in January 2019, the fund has invested in Bamboo, YouVerify, Asoko Insights and Healthlane. According to Kenza Lahlou, co-founder and Managing Partner of Outlierz Ventures, “We are delighted to announce our new investments in three African technology companies and are very proud of the outstanding results of our portfolio. The African market represents a huge opportunity to build innovative tech-enabled platforms that transform traditional business models across key sectors of the economy....

Pinterest is one platform that really comes in handy when you are in need of inspiration, unlike other platforms where some content will need to compete with personal photos. I would say that it’s a visual discovery engine and not a social network, so there’s a lot of value in the open mindset that Pinners have as a result. This is mainly because almost everything on Pinterest is shoppable, which makes it easy for small businesses to reach and connect with Pinners in a truly authentic way....

Plentywaka was founded in 2019 by Onyeka Akumah, Johnny Ena, John Shaibu, and Afolabi Oluseyi to provides ride-sharing services to its users on-demand. The company has two primary offerings, Travelwaka ,for inter-state travel , and Dailywaka , for intra-state travel — via its app. According to the startup, the change of name would take effect immediately as it better represents the company’s vision of building the largest shared mobility platform across Africa....

The platform, which is set to launch soon, is an online beauty social network that provides African women with the best beauty products and services both locally and internationally. Through the platform, women would be able to book and discover the best beauticians, beauty services and products on the go. PoshRite would also allow beauticians manage and grow their beauty business by giving them the tools they need to be successful....

The Postal Corporation of Kenya has announced an increment in postal charges after, the Communications Authority of Kenya granted it approval and authority to review and effect new letter postage rates for select products and services with effect from October 1. Starting October 1, sending a letter weighing up to 20 grams will cost Ksh.40 from a previous Ksh.30 while ,sending a letter weighing over 250 grams to 500 grams will cost Ksh....

The service allows cardholders to make fast, secure, and convenient in-store payments by tapping their NFC enabled smart device at any contactless-enabled payment terminal. According to Walter Akpani, Managing Director/CEO, ProvidusBank “Technology has evolved greatly in Sub-Saharan Africa in the last decade with the mobile phone technology playing a significant role in that space. As a Bank, our collaboration with Mastercard and Interswitch to provide additional value through the mobile device is a strategy to leverage existing infrastructure, while delivering simplified payment through their advanced digital and tokenisation services....

LSW Conference 2018 has 12 tracks of content designed to cater to a huge range of different specialists. Since 2015, Lagos Startup Week has brought together the ecosystem of technology agents driving business innovation. Now in 2018, they’re expanding into 12 carefully curated tracks to shape a much deeper conversation on how technologies such as blockchain and AI will directly affect industries, professions and the way we innovate. Over time, the week have hosted up to 5000+ attendees and the organizer, Olumide Olayinka, says this year’s edition is not expecting any less attendees....

Speaking in a statement Christopher Bjergmose Head of Digital Classifieds Ringier Nigeria said, ” We at Ady we have been asked by representatives of the press what we think of OLX’s acquisition of Tradestable – just leaving Ady and OLX as the two big ads marketplaces to choose from for Nigerians,” he said adding, “Well, we really saw Tradestable as a site that focused on quality and genuine ads – which is really the hallmark of Ady and what we continue to concentrate on....

The stock market can sometimes appear like a living organism: it writhes, wiggles, flounders, and soars. Price fluctuations simply cannot be predicted; the market, like all things organic, cannot be reduced to sheer objectivity – there is always something outside rhyme or reason. That’s why hedge funds are constantly changing up their strategies and scrambling for an edge. Professionals and novices alike note that while one strategy may work smashingly for several months, it will inevitably begin to perform under index – if the stock market has a rhyme or reason, it is simply this: equilibrium will be achieved, one way or another....

Rivian had a blockbuster IPO that saw the new electric vehicle company get valued higher than many major automakers, but things have been rough since then with Ford, one if its major backers, selling a significant portion of the shares. To turn things around, the company has a new strategy for the next 18 months, according to an internal email from CEO RJ Scaringe issued to workers, “in order to stay ahead of the shifting economic situation....

According to Oliver Samwer, co-founder and CEO of Rocket, GFG will be focused on capturing the massive growth opportunity of fashion e-commerce in emerging markets. He added: “Each of the business units will be able to build on the original Rocket platform and continue to leverage knowledge and expertise gained across 23 countries. I look forward to working with our founders in accelerating GFG’s growth profile and development even further....

While rooting isn’t totally advised by phone manufacturers because it is an exploration of a security hole in your device (and could damage it), some users believe the manufacturer only have a say on the price of a device, and not how they use the devices after purchase or what they use it for. Rooting is an exciting thing to do. I mean, it is another way of gadget exploration and testing the limits of your smartphone… and it could be fun....

Tell us about yourselves; your team, your educational and professional backgrounds The founders, Ben Shaw and Kyle Bradley, are as diverse as they are driven. Shaw’s background is in Finance and Accounting, and he spent the early part of his career as an investment banker at JP Morgan Chase in Johannesburg. Prior to HouseME he had started a number of small ventures and graduated as an Allan Gray Orbis Fellow in 2013....

e4 approached Melisizwe Computer Lab Project, a non-profit that provides schools in need with computer labs and IT skills training, for help with this initiative, with the end goal of uplifting underprivileged female youth and addressing the shortage of female participants in STEM careers. According to Ntombi Mphokane, e4’s HR and Transformation Executive, “With the rise of tech in today’s society, it is crucial that we invest more into STEM education for girls to be able to pursue a sustainable and meaningful career path....

In this second edition, Safaricom has pumped in 5 million dollars, increasing the fund from 1 to 6 million dollars. Safaricom launched Spark Venture Fund in 2014 in a bid to “grow a portfolio of strategically-aligned tech-enabled start-ups for deeper commercial partnership and/or acquisition by Safaricom whilst transforming lives.” Some of the startups that received the initial $1 million investment are: Sendy, Ajua, Eneza, Lynk, Farmdrive and iProcedure. In the second edition, tech-enabled startups that are strategically aligned with the telco’s vision could receive up to US$500,000....

However, the savings plan is still under pilot and will be rolled out to their subscribers once it’s ready for use. Currently, it can be accessed via the USSD code *230# but once it will be rolled will be available on my Safaricom APP. Registered MPesa users will be able to save as low as Ksh100 up to a maximum of Ksh70,000 and will attract an annual interest of 10 per cent....