One of the largest e-commerce companies on the continent with a valuation of about $1.1 billion Africa Internet Group (AIG) has raised $245 million in one of the largest fundraising rounds by an African-focused tech firm. The funding which was announced on Thursday comes from U.S. investment bankers Goldman Sachs, French insurance multinational AXA, German… Read More »
Nailab, one of Kenya’s accelerator programs that supports budding entrepreneurs has opened applications for its fo...
Oklahoma City startup, Datebox, offers a monthly subscription box for couples that are dating. The monthly box comes wit...
H2H Repairs has announced that it has formed a 50-50 joint venture with a company from Ghana called CEGA Repairs to furt...
FinTech firm Cloud.IQ has closed a £4m Series A round led by London-based venture capital firm Nauta Capital. Finance W...
On Monday, Jay Z released a press release announcing the new venture capital firm, Arrive. Arrive will focus particularl...
Through its investment arm BitFury, Bitcoin Blockchain infrastructure provider and transaction processing startup BitFury Group Ltd. has invested an undisclosed amount of money in Kenyan Bitcoin exchange BitPesa a move which the company terms as strategic. Founded in November 2013, the Nairobi-based startup pitches itself as an easy way to send money to Africa, although it… Read More »
During this year’s MWC, tech big wigs Hans Vestberg CEO Ericsson and Mark Zuckerberg CEO Facebook have slated 5G, IoT, Cloud and VR to be the next big things in technology with already scrambling to get a a piece of the pie in these four areas. One such company that has come up strongly with… Read More »
South Korean tech giant Samsung launched its newest flagship the Samsung Galaxy S7 and Galaxy S7 edge at this year’s MWC. The Galaxy S7 is similar to its predecessor the S6 in terms of design with the same glass-metal design and the dual-edge screen though the screen has been bumped up to a5.7-inch AMOLED screen…. Read More »
On Sunday, LG announced its newest flagship the G5 at this year’s Mobile World Congress or MWC, which is a combination of the world’s largest exhibition for the mobile industry and a conference featuring leading executives representing mobile operators, device manufacturers, technology providers, vendors and content owners from across the world. The South Korean electronics… Read More »
Tech Giant Microsoft will start a program to mentor startups in Nigeria as part of its “African Startups” initiative. Through the initiative #StartUpThursday9ja , Microsoft Nigeria will enable successful entrepreneurs share their experience of what it takes to start and grow a business in Africa. Evaristus Ezekwem, audience evangelist at Microsoft, informed Footprint to Africa… Read More »
On Wednesday, Denise Morrison CEO of Campbell Soup Co. revealed that the company had committed $125 million to new venture capital fund, with the goal of investing in startups that are transforming the food industry from farms to home delivery. Morrison revealed the VC fund called Acre Venture Partners, saying the giant wants to aggressively… Read More »
Just last year Google enabled accessing email from Yahoo and Outlook from the Gmail app on Android. Now the tech giant has gone a step further and added a new feature, ‘Gmailify’ that will allow Yahoo! Mail and Hotmail/Outlook users to link existing accounts to Gmail and get Gmail features. With this launch, Google has… Read More »
Israel-based Insert, which has developed a platform to help mobile marketers engage users, said on Wednesday it has raised $5 million from investors including cyber security pioneer Shlomo Kramer. The platform offers mobile marketers a set of features they can quickly insert into their apps with no coding. The company was founded by the people… Read More »
Apple Inc. will debut its electronic-payment system Apple Pay in mainland China on Thursday, according to a person familiar with the matter, its first such attempt to break into the Asian payment market. The Cupertino, Calif., tech giant will partner with UnionPay, the overwhelmingly dominant payment network in China as well as 19 local banks. In china,… Read More »