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“We are excited to have closed this bridge round as Sabi continues to grow at an incredible pace. Our merchant users are taking advantage of every part of our platform, and the quality of the B2B partners we have brought onto the market is clear from the ever-increasing transaction volume,” said Anu Adasolum, chief executive officer (CEO) of Sabi. Pardon Makumbe, co-founder and managing partner of CRE Venture Capital, said his firm was proud to support Sabi’s continued growth across Nigeria and expansion into Kenya and South Africa....

The company noted that opportunities in the space have increased, and the risks surrounding digital financial services for investors, investees, customers and wider digital ecosystems across markets and regions have increased in equal proportions. Paga CEO Tayo Oviosu, said his company is a proud supporter of the initiative and committed to responsible digital financial services by offering commercially viable products that are not predatory. He said, “Leveraging our human interaction to ensure that our offerings are clear to end users, and investing in consumer financial literacy programs in communities in which we work,” he said....

Havenhill, founded in 2010 by CEO Olusegun Odunaiya, focuses on using mini-grids to improve access to electricity in rural areas. Renewable energy services are also available for businesses in Nigeria’s industrial and commercial hubs. According to recent data from the National Bureau of Statistics, Nigerians have limited access to reliable electricity, with the rural electrification rate hovering around 39%.The International Monetary Fund (IMF) estimated in 2019 that Nigeria loses US$29 billion per year due to a lack of reliable electricity....

Aidi already supports over 200 founders across emerging markets, with notable names like Termii (YC W20), Payhippo (YC W21), Dash (Techstars 21), Raise (500 Startups 21), Moni (YC S21), Bumpa and many more. According to Toluoba Obademi ,Head of operations & Investments,” Aidi has seen a surge in applications from founders for both equity and service-based support, hence the need to onboard more partners and expand its accelerator offerings.” With support from AWS, mercury and brex over the last 12 months, the team announced new partners coming into the mix like FCMB’s Hubone, Assembly Investors, Paystack, and Adamantium Fund....

The startup is dedicated to providing micro-pension services to those working in the informal sector and whose employers are not legally required to deduct and remit pension contributions. It will join nine other startups in the class of 2021 and receive funding from the accelerator as it seeks to expand into Africa. Tunji Andrews, Tina Ajishebiyawo, and Gboyega Olatunde founded the Lagos-based company to provide financial security for Africa’s informal, particularly self-employed, population by ensuring that they securely plan for retirement....

Nigeria still is a country that has large cash dominance. The population of Nigerian adults is closely to 100 million adults. Half of them have little or no access to financial services. The startup was founded in 2018 by Tomilolo Adejana and Fredrick Adams as the founders. Their aim is digitizing the thrift collections system identified as ajo or esusu. People in the informal sector widely use this because you can work completely offline....

The country’s minister of communication technology Ombola Johnson donated US$6.2 million on behalf of the 10 technology firms in the country. Ombola said the contribution is intended to provide some succour to the victims of the Boko Haram attacks. As an addition to the amount, Mike Adenuga, who is the chairman of mobile telecoms operator Globacom, donated US$6.2 million. The contributions come shortly after President Goodluck Jonathan launched the Victims Support Funds Committee recently....

EchoVC led the round, which included Fiat Ventures, Kesho VC, Trade X, Verraki Partners, Dale Mathias, Kyle Daley (a Chime co-founder), and other local and international Angel investors. Octamile’s ecosystem of services, founded by Gbenro Dara, helps both insurance and non-insurance businesses in protecting African consumers from financial losses. The startup provides an end-to-end claims management solution that can be integrated into insurance providers’ existing systems and processes. This enables organisations to provide a seamless claims experience while also lowering administrative costs....

The 148 beat Westgate’s 67-recorded deaths and were marked as the most horrible cases by Kenyans both online offline. Terror aside, Kenyans have been united to both mourn and celebrate the lives of the dear ones who lost their lives on that fateful day and as well join the beareaved families to show they care. NotForgotten has a database of all the names the Kenyan victims of all internal and external terror attacks so as they live among us and not just become a statistic....

Launched in 2018, Notify Logistics recently raised KES45M in a seed round for its Notify Entrepreneurs Program which empowers entrepreneurs across the country with retail spaces and tools in the Notify Malls located in Nairobi, Eldoret, Nakuru and Mombasa to grow their businesses. “With this innovative business approach, we will reduce the cost of doing business for small businesses thereby ensuring more entrepreneurial ventures come into existence and thrive.” Says Steve Waweru Nderitu, Notify Logistics CEO....

Opay, for starters, which launched ORide in Nigeria last year, had invested $170M to run ORide, OBus, OCar, OTrike, OKash, OWealth, OFood, OLists among others. The ‘pausing’ of ORide, OCar, OFood and OExpress, was bound to happen as motorcycle hailing was not making sense for the firm especially after Lagos banned bike hailing affecting its services to the public. The firm does also not make much money out of the bike hailing services, hence the decision to ‘pause’ the services indefinitely....

Using a network of small satellites dubbed CubeSats, Outernet aims to transmit internet to any Wi-Fi-enabled device, including mobile CubeNet-is especially targeting the poor and the technologically disenfranchised. CubeSats broadcast from Low Earth Orbit (LEO) and in an additional frequency (UHF) so cheaper hardware can pick up the signal easily and there is less opportunity for outside influence into the transmission therefore seen as the best tool to counter censorship and free nformation flow....

Themed Catalysing C-Suite Engagement in Digital Transformation and Open Government, the event will be held from 23-25 November 2022 at Leisure Lodge, Diani, Mombasa. dx⁵ Chairman Harry Hare said “the Digital Transformation (dx100) Symposium & Awards is the premier event for the tech community in Africa; the one place where all the right people will be gathered. We’re gathering the most innovative minds from across all industries. It is an audience of leading pan-African organisations at the C-Suite and Director level for three days who are open to sharing, collaborating, innovating, ideating and most importantly connecting....

Select Mpesa from the menu options on your Safaricom line phone.Scroll down and click the ‘Pay Bill’ button.Enter the StarTimes Mpesa Business no. 585858.Fill in the ‘Account Number’ field with your StarTimes Smart card number.Enter the cost of your bouquet and then click OK.Finally, enter your secret ‘PIN’ and click send.Safaricom will send you a text message confirming the transaction. It may take some time for your account to be refreshed; therefore, it is best to contact customer service and inform them of your transaction....

It has only been four years since Paypal entered its first deal with South Africa’s First National Bank (FNB). The online payment platform now has more than 1 million accounts in the country. Paypal has provided a simple and secure way to shop and pay on many websites globally, it has 152-million active accounts in 203 markets around the world. “Online commerce creates a world of opportunities for buyers and sellers, but entering card details on an overseas website or accepting a payment from someone overseas can be concerning,” says Malvina Goldfeld of PayPal....

As part of the API upgrade to Pesapal 3.0, Pesapal has adopted the 3-D Secure processing for card payments and introduced Sim Tool Kit (STK) for mobile money payments. These new components of Pesapal 3.0 have improved the UI/UX for not only end-users but also developers. Additionally, these changes specify the use of multiple options for step-up authentication eliminating instances of fraud and chargebacks. Commenting on the upgrade, Pesapal Executive Director Agosta Liko said as an e-commerce boom in East Africa, Pesapal continues to invest in innovative technologies to maintain a high level of confidence among consumers and merchants....

During the launch of the partnership, the two institutions signed an addendum to the initial MOU that will address countrywide coverage of passport delivery services as well as last mile door-to-door delivery by PCK, using their expansive network and courier services to all parts of the country at a minimal fee. Speaking during the launch of the partnership, Dan Kagwe, the CEO and Postmaster General of PCK said that in the era of Covid-19 pandemic, the strategic partnership with PCK would help decongest their premises by having documents delivered to Kenyan’s doorstep....

The 13-inch MacBook Pro was announced last week at the WWDC 2022 conference and will be the first Apple product to use the brand-new M2 chip. According to a press statement, this new model will be available for pre-order starting June 17 at 15 o’clock in Kenya. On the other side, deliveries should begin on June 24. Apart from the new M2 and a maximum battery life of 20 hours in video mode, the new MacBook Pro 13 has the same specifications as the previous model, which had the M1 chip....

The gaming audience has reached over 3.1 billion players worldwide, with a market revenue of nearly $175 billion. This live partnership through OpenRTB integration offers brands the opportunity to programmatically reach the incredibly diverse, engaged, and lucrative gaming audience via display and video ads across mobile, PC, and console platforms. Eskimi helps advertisers reach over 1.5 billion global online users utilizing innovative, creative solutions like rich media. “We are constantly working on improving our services and innovation, as well as the user experience in the world of digital advertising,” says Eskimi’s Head of Marketing, Monika Poškutė....

PROMAGRIC was started in 2017. Their focus was to come up with solutions for the agricultural sector. Solutions found would improve the profitability and the productivity of the agricultural sector. Women would also be given an opportunity to be autonomous. Within the few months of existence, PROMAGRIC managed to assemble 2200 farmers. All these farmers passed through the PROMAGRIC platform.1500 tons of agricultural products were acquired. Another focus of the PROMAGRIC is working on the BIOGAZ technology....