The investment reflects BII’s focus on mobilising capital to build self-sufficiency and market resilience in Nigeria, and improve access to inclusive economic opportunities while helping to catalyse the country’s boundless entrepreneurial ambition. British High Commissioner, H.E. Catriona Laing CB, said: “It’s a pleasure to be in Lagos to mark the launch of British International Investment, and to host Nick O’Donohoe during his visit to Nigeria.” “BII forms an important part of the UK’s package of tools and expertise to help Nigeria build their pipeline for investment and scale up infrastructure investment, in particular to achieve clean, green growth....

The growth facility from the Fund will support Moove’s expansion in West Africa initially, executives said. Moove is the first investment in Africa by NBK Capital Partners funds, underscoring the opportunity for a platform like Moove to address the continent’s vehicle financing gap. Founded in 2019 by Ladi Delano and Jide Odunsi, Moove is an African mobility fintech that is democratizing vehicle ownership by providing revenue-based vehicle financing to mobility entrepreneurs across Africa....

The foldable smartphone relies on a 6.7-inch, 144 Hz fast 1,080p+ OLED display. The punch hole front camera houses a 32 MP sensor. The external screen is fitted with an OLED panel that takes a diagonal of 2.7 inches, with a resolution of 800 x 573 pixels. A range of widgets on this screen that displays notifications and calls can also be seen. As for the Camera department, we discover a dual camera consisting of a 50 MP primary camera with a 1/1....

MTN is yet to give details as to why it replaced Bulbulia. According to the company, the decision was “in line with MTN’s plan to frequently rotate major talent within the business.” Sifiso Dabengwa, the group president and CEO of MTN, stated: “I wish both Farroukh and Bulbulia great success in their new offices, as they proceed to contribute to the development of MTN in South Africa and throughout our footprint....

In 2019 you go for a decent bag. Decent? YES! But now it comes: you don’t carry the bag on you underarm (to sophisticated). You carry your most beautiful bag the casual way. An elegant outfit asks for it. How? By using your hands. You don’t carry it on the handles of the bag. It has to look like you just grabbed the bag form the table. It’s a fast world, you know!...

The partnership will allow NCPB to offer post-harvest management services to farmers present on the platform, while DigiFarm will connect NCPB to small-scale farmers, who will in turn, access NCPB services at prevailing rates “This MoU is aligned to the agriculture hub model that NCPB is required to establish under the Reforms. The hub shall provide a one-stop shop for farmers to obtain farm inputs, farm machinery services, information on crop and animal husbandry and quality management services among other services”....

Here’s a tabled run dowm of all their attributes for easier comparison. · Premium $11.99 p.m (4K, 3D, HDR) Prime with benefits fee $7.99 p.m · Premium package gets 4 simultaneous streaming · Premium also gets 4K, HDR and 3D content Now the choice is yours. If you treasure local content and want to use local services like MPESA and subsidized Safaricom data, then Showmax is the way to go....

Nguvu Health uses technology to connect users with licensed clinical psychologists via in-app messaging [text therapy] or video call, in order to lead a quality mental health lifestyle. Users register and complete a short assessment before being matched with a mental health professional who has to go through a rigorous onboarding process before joining the company’s panel of therapists. Currently, sessions can be conducted in both English and Swahili to encompass users across the continent and beyond....

The company began as an online food store in 2016, and then in 2018, launched her OjirehPrime prepaid card, which grew organically to a 40,000-user community by 2020. Ojirehprime is committed to providing a positive experience for her customers, a key component of her growth plan. Speaking with Edoka Idoko, the Founder/CEO of OjirehPrime, who stated that OjirehPrime would drive growth by offering credit lines to her clients with a lifeline that allows the average consumer to repay interest-free as long as the transaction is completed within the moratorium....

The two from Africa are among the five most innovative startups selected to participate in this year’s F-LANE accelerator which selected startups by and for women. Others include startups and social ventures from India, the UK and Germany. The five will be part of a seven-week support program in Berlin, which includes mentorship, training, networking and financial start-up assistance. The majority of the start-ups in the past F-LANE rounds had received investments following the programme – in some cases even up to 4....

According to The Channels, the reason given for the delay in the switch over by Director-General of the National Broadcasting Commission (NBC), Mr Emeka Mba, are aggregate content development, distribution and production as well as lack of set top boxes. Another reason given was that Nigeria was experiencing a dramatic transformation in the television industry and this did not lend the industry for forcing of the migration. The NBC boss was categorical that if they were to force the process they would be forced to cut off about 80% thereby killing both the content market and the advertising industry in the country....

Oui Capital, an early-stage pan-African venture capital firm, led the pre-seed round to help the company expand. MyAsia VC, Y Combinator, Flutterwave CEO Olugbenga “GB” Agboola, and Mono CEO Abdul Hassan were among the local and international investors who took part. Duplo will spend the investment on improving its product, tech and sales as well as move into other sectors asides from FMCG retail to businesses in travel, farming, B2B marketplaces, alcohol and beverages....

Payhippo was founded in 2020 by Zach Bijesse, Chioma Okocha, and Uche Nnadi with an aim of supporting Africa’s 40 million small and medium-sized businesses obtain access to the finances they need to succeed. Small and medium-sized businesses (SMEs) employ a large percentage of the people in Nigeria, however the SMEs sector in Africa is largely underserved by commercial banks. The majority of small business owners in the country struggle to obtain formal financial products or services, such as loans....

The round was led by influential African fintech founders and financial leaders Ham Serunjogi and Maijid Moujaled, co-founders Chipper Cash, Olugbenga “GB” Agboola, founder Flutterwave, Bolaji Balogun, CEO Chapel Hill Denham, and Hakeem Belo-Osagie, Founder Metis Capital Partners. Other angel investors include management from Paystack, Brex, and Tala and several LPs from Payhippo’s preseed investors. Institutional investors include TEN13, VentureSouq, and Prodigio Capital. Payhippo which was part of Y Combinator Summer 2021 cohort, was founded in August 2019 by three co-founders, Zach Bijesse, , Chioma Okotcha, and Uche Nnadi....

The startup’s winning came after a live pitch competition at the Berkeley Energy and Resources Collaborative (BERC) Innovation Expo. Solstice Energy Solutions uses the Internet of Things (IoT) to help African homes and small businesses manage energy in a simple manner using efficient and clean cost saving solutions. By relying on data-driven approaches and integrated technology, it helps to solve energy challenges for homeowners and small businesses that rely on both grid and distributed energy sources....

Colette is a brand that has been in the fashion industry since 1997, it prides itself as an experience which offers “a never ending assortment of fashion, high-tech, arts, streetwear, beauty and waters.” The company decided to team up with One Plus to release the device as a celebration to their 20th anniversary. The One Plus 3T Colette Edition is, for the most part, very similar to the previous 3T, available in Kenya through Avechi stores, but there are some minor differences....

The smartphone maker didn’t provide any other detail regarding the device, but said it’ll follow its “burden-less” design philosophy: In October 2018 it announced plans to enter the smart TV market, continuing its aim to “improve the human experience through simplicity, efficiency, and intelligent functionality”. OnePlus founder and CEO Pete Lau said that while the wider technology industry has advanced rapidly over the past decade TVs have been left behind, describing them as “conventional and cumbersome”....

Mark your time and Calendars every well. The Livestream event can be watched via our website or Stream it on the OnePlus Youtube channel below. Even before it was unveiled, a lot has been written and shared over social media concerning this particular gadget. Its start design is well known as well as its Spec sheet. For Fans of the OnePlus devices, this may be a better time to confirm if the details you know are valid....

Samsung started this game with its flip/Foldable gadgets. Huawei follows suit with its Huawei P50 Pocket, and currently, Oppo is also expected to follow the same walk. The SamMobile website discovered an indiscretion on Weibo that informs us that the company is considering a clamshell smartphone comparable to Samsung’s Galaxy Z Flip. Only a few individuals have access to information about this project. According to the insider, the phone may be introduced this year....

The events are also aimed at encouraging innovations in less favored categories where interventions are critically needed in various countries across Africa. The DEMO Africa mini-events will be hosted in four cities across Africa. These include Nairobi, Accra, Harare and Cairo. The first of these mini events is scheduled for 3rd June in Nairobi where East Africa technology entrepreneurs will interact with key industry players and their more successful peers....