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Solarise Africa announces second closing of its Series A round of funding

Solarise Africa, a Nairobi-based pan-African clean energy firm has held the second closing of its Series A round of funding led by EAV and ElectriFI, a flexible financial facility funded by the European Union. According to Jan Albert Valk, co-founder and CEO of Solarise Africa, “Sustainable energy solutions are crucial...

Seizing the Opportunity of 5G Era,Prototype Manufacture can do!

What is prototype? Prototype, generally speaking, is a model for checking design appearance, structure reasonability, and functional verification before production according to the 3D drawings. During prototype manufacture, the quantity is small because it does not need open the mould, which is cost effective. With the rapid development of science and...

Blockchain startup Belfrics Group closing $30 million in its first round of funding

Belfrics, a Malaysia based Blockchain startup, is set to raise $30 million in its first-ever round of funding led by global investors after successfully deploying Belrium, a KYC compliant Blockchain. According to Praveen Kumar, founder and CEO for Belfrics Group, “Blockchain was and is still a nascent concept in the market. Everyone’s...

Huawei Honor’s smart TV is ready; 55-inch display with a pop-up camera

An interesting thing is that while the pop-up camera trend has been limited to smartphones and is still alien to tablets or laptops, Huawei’s sub-brand Honor is taking a giant leap and adding a pop-up camera to its upcoming smart TV. Just like the Honor 9X, Honor’s first smart...

Farmcrowdy sister companies Farmgate Africa & Agricsquare bundled into one in a consolidation move

Farmcrowdy, and its sister companies, Farmgate Africa & Agricsquare have been bundled into one company in a move that will birth a bigger platform to open more farm projects to its farm sponsors. Farmcrowdy targets expansion into 4 new states and double its current supply to 100 cows per day...

Hong Kong’s Fosun Launches Fourth Edition of Its Global Acceleration Program “Protechting”

Fosun, Hong Kong’s investment firm and its portfolio companies Fidelidade, Luz Saude and Hauck & Aufhauser have announced the fourth edition of– Protechting – a global startups acceleration program targeting Healthtech, Insurtech and Fintech venturers from across the world. The Protechting program, developed with the support of Beta-i, is working...

Vivo launches its Y series smartphones in Kenya, Nigeria, Egypt & Morocco

Vivo, a smartphone maker and sister company to OPPO, has launched its Y series smartphones in UAE and Morocco, Nigeria, Kenya, Egypt, Saudi Arabia and Bahrain as the mobile phone becomes the primary trading tool in emerging markets. Vivo, the world’s top 5 smartphone maker is taking on Transsion Holdings TECNO, Infinix, iTel whose mojo in...

Techstars raises $42 Million to speed its global expansion

Techstars, the worldwide network that helps entrepreneurs succeed has raised $42M investment led by SVB Financial Group with participation from existing investors including Foundry Group to accelerate its global expansion. The firm will use the funds to help more entrepreneurs succeed through seed-stage accelerators, global startup ecosystem activations, corporate innovation, and...

Huawei saw a 23.2% increase in revenues despite US trade war

Huawei recorded $58.34 billion in revenue for the first half of 2019, a 23.2% increase over the same period last year and saw a net profit margin of 8.7% despite its US trade war. According to Huawei’s Chairman, Liang Hua, operations are smooth and the organization is as sound as...

Mentorships.ng launches to connect learners to skilled & experienced industry veterans

In Nigeria and Africa at large, there is a huge disconnect between learners’ academic qualifications and the skills needed to accomplish tasks in the workplace. Significant reforms are therefore required to revamp the education system to match skills needed in the workforce especially in Nigeria where over 43% of...

Nairobi-based DPO Group acquires South Africa’s PayFast in stock & cash options

Nairobi and Ireland-based DPO Group has acquired South Africa’s online payment processing firm PayFast in stock and cash options in a move to fulfill its pan-African consolidation dream. There have been reports that DPO Group and its investor Apis Partners are consolidating payment platforms for a huge pan-African exit...

Alipay partners Flutterwave to its 1 billion global users to merchants in Africa

Alipay, an Alibaba-owned mobile payments processor has partnered with Flutterwave, a pan-African payments firm located in SF and Lagos, Nigeria, in a move that will see Alipay link its 1 billion users to Flutterwave merchants in Africa. “Flutterwave Merchants now have access to over 1 billion potential customers,” announced...

Sony’s PS4 worldwide shipments top 100 million units

As part of its latest earnings, Sony has made an announcement that makes the PS4 the fastest games console to reach 100 million units sold. Today, Sony released its latest earnings for the first quarter ending June 30, which revealed that the PS4  has managed to sell 100 million units. Sony...

How to Reserve a Samsung Galaxy Note 10 Now and Save $600

Samsung hasn’t announced the Galaxy Note 10 yet, but you can already put your name down to reserve one. Last week, Samsung began taking reservations for Note 10 without actually spelling out the phone’s name. Why we say this is because Samsung’s reservation site is for “the next generation...

A Guide to Creating a Cybersecurity Plan for Your Business

Cybercrime is now more commonplace than ever before. In fact, you can be quite certain that no one is safe. Hackers and other criminals aren’t particularly concerned with whether your company is small or large or even what sector that you belong to. If there is a weak spot...

Lori hires former EchoVC Partners & Quona Capital execs to drive pan-African expansion

Lori has hired Uche Ogboi as its Chief Operating Officer and Efayomi Carr as Head of Strategic Finance effective 29 July as it drives its pan-African expansion drive. Efayomi will be based in Nairobi while Uche will operate from Lagos but with frequent visits to Nairobi. Ogboi served as the...

5 Ways to Use a Small Business Loan for Social Media

What does listening, nurturing, and engaging have it common?  Social media.  A business’s social presence exploded onto computer screens in the early 2000s. Now, for example, people tweet, like, share, link, chat and communicate with emojis. With roughly 2.7 billion social media users in 2019, according to Statista, and with projections...

When to select 3D printing or CNC machining or both

Choosing the right manufacturing technology for prototypes and functional parts is not always an easy task. Even the most experienced designers can get stumped when trying to choose between CNC and 3D print for their project.  In the past, 3D printing was limited to plastics, but new developments have rapidly...

HiiL Innovating Justice Challenge 2019 opens calls for startups

The Hague Institute for Innovation of Law (HiiL) has announced the call for applications for its Innovating Justice Challenge 2019. HiiL is looking for up to 10 regional finalists from East Africa to take part in a week-long program preparing them to pitch to a jury made up of local...

This blockchain startup founded by a Somalian developer has raised $3.5m to help end modern slavery

Lumachain, an Australian blockchain platform founded by Jamila Gordron has raised $3.5 million in a funding round led by the CSIRO-linked venture capital investor Main Sequence to end modern slavery in Australia. The round of funding comes after Lumachain got into a Microsoft startup scale-up program. The funds will be...

How To Earn Money On YouTube

Social media as a hustle is the in thing right now. However, it requires a lot of consistency, time and effort as it’s not as easy as it seems. Did you know that there are people who actually make a living on YouTube? You can actually monetize your videos as...

Nabblr launches to help you explore news, offers & meet people near you

Nabblr, a new social networking platform has launched to allow its users explore news, amazing deals on eats, treats, and events happening around them, showing the nearest ones first. Founded by Kipkirui Tanui, a Kenyan developer, Nabblr aims to enable business owners such as bar and restaurant operators,...

Branch raises $5 million to expand its lending services in Kenya

Branch International, a micro-lending platform fighting it out with Tala and Operas Okash has raised $5m to bolster its local lending operations in Kenya and grow its product portfolio. With operations in Nairobi, San Francisco, Mumbai, Mexico City and Lagos, the firm announced the issuance of a fourth commercial note...

Here are the 12 African Startups Battling for MIT’s $1.6m 2019 Inclusive Innovation Challenge

Kenya’s Shortist, Flare, Egypt’s Taskty, Ghana’s Bloom Impact, Nigeria’s Farmerline and South Africa’s Inclusivity Solutions are among the 12 African startups battling it out for the 2019 MIT Inclusive Innovation Challenge. Announced by the MIT Initiative on the Digital Econom, the 2019 60 Regional Finalists were selected for their 2019...

Samsung to release refreshed Galaxy Buds to match the Galaxy Note 10

The Samsung Galaxy Note 10 is set to be revealed at Samsung Unpacked on August 7th. Four devices are rumored to be launched then and they include the regular Galaxy Note 10, a Galaxy Note 10+, and 5G models of both. Thanks to the internet we’ve all probably seen pictures of...

Digital lending startup Umba raises funding to lend up to €1 million a month

Umba, formerly Mkopo Kaka has raised an undisclosed equity financing round led from ACT Venture Capital, Frontline Ventures and Bloom Equity to lend up to €1 million a month to consumers in Kenya, Uganda, and Tanzania where it operates. The Nairobi-based fintech startup founded former Irish rugby professional Barry O’Mahony...

TECNO Phantom 9; Specs, Price, and Availability in Kenya

TECNO recently launched the TECNO Phantom 9 which is a very big upgrade from 2017’s TECNO Phantom 8. The company has shown inconsistency with the launch of their flagship devices and hopefully, this means that TECNO is back on the flagship bandwagon. TECNO launched the Phantom 8 in late 2017 after...

Communications Authority of Kenya Gets New Board Members

ICT Cabinet Secretary Mr. Joe Mucheru has appointed four members to the board of the Communications Authority of Kenya (CA) in a Gazette notice issued on Friday, July 26, 2019. In the notice, Mr.Mucheru appointed Mr. Mahmoud Mohamed Noor, Mr. Paul Muraguri Mureithi, Ms. Laura Chite and Mr. Jackson Kiprotich...

Econet’s Cassava Fintech launches Sasai, a WeChat Pay clone for Africa

Econet’s Cassava Fintech International (CFI), a fintech arm of Econet’s Cassava Group which offers international remittance services to all African countries has launched Sasai, a social payments platform with instant messaging, social media and mobile payments like Wechat’s WechatPay in a move to disrupt payments in Africa. According to Cassava...

Struggling video streaming service iflix calls it a day in the Middle East

Netflix competitor iflix is calling it a day in the Middle East just days after the firm raised $50 million in funding for expansion in Asia and several months after exiting in Africa to Kwese. iflix, Southeast Asia’s subscription video streaming service last week raised over $50m in a new round...
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1,000 school principal jobs up for grabs

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Raila warns Ruto against opposing BBI proposal, says it will sweep Tanga tanga away

ODM leader Raila Odinga has warned Deputy President William Ruto and his allies they risk being swept by a political storm should they oppose...

KRA targets doctors’ payments from 12 foreign insurance firms

Times Tower. FILE PHOTO | NMG  The taxman has put on notice 12 global firms...

Sonko Snaps at Anne Kiguta After Getting Too Personal With Him [VIDEO]

Nairobi Governor, Mike Sonko, on Sunday night, snapped at K24 TV presenter, Anne Kiguta, after she got too personal with him during an interview. Known...

Jaguar buys “Mkebe” airplane that was being auctioned by KAA and puts it in his compound 

Charles Kanyi aka Jaguar has left social media talking after buying a plane.The politician took to social media to flaunt his plane that is...

Rudisha thankful after surviving car accident

Rudisha thankful after surviving car accident NAIROBI, Kenya, Aug 26...

Census data is secure; Mucheru assures

Information, Communications and Technology Cabinet Secretary Joe Mucheru has assured Kenyans that personal data captured during the ongoing national population census would be secured....

Kenya’s 3×3 basketball team fired up after narrow miss at African Games

Gilbert Kiprotich in Rabat, Morocco Kenyan women’s 3 by 3 basketball team ranked fourth at the African Games after losing to Congo 21-10 in...
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