Honeywell Group launches Itanna accelerator, invests in four tech startups

Honeywell group, a Nigerian corporate company, has officially launched its accelerator and investment vehicle – Itanna. Tomi Otudeko, the head of innovation and sustainability for the company would be leading this accelerator arm and would place its focus on tech startups in the country. The Itanna accelerator which has its location at the Enterprise Factory […]

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Eight startups including Nigeria’s Coldhubs, receive Microsoft’s Airband grant

Via Microsoft’s third annual Airband Grant Fund, Nigeria’s AgriTech startup, ColdHubs, Rwanda’s MeshPower & Kenya’s Agsol have received an amount of funding for using TV white spaces and other technologies to expand access to internet-enabled solutions. Microsoft wants these startups to keep doing what what do and improve internet access in the continent and beyond. […]

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In-ride advertisement startup, TaxiTV raises undisclosed amount of seed funding

Beta Ventures has led a seed funding round in a Lagos based advertising technology startup, TaxiTV. The amount of the fund invested in the in-ride entertainment system startup is undisclosed. TaxiTV was founded in October 2017 by Akinbola Asalu, CEO, and Dami Osiyale, COO. TaxiTV go about their advertising by providing advertising channels for corporate […]

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Digital loaning provider, Branch raises Sh350 million for further expansion

A Sh350 million capital investment has been made in Banch International, a financial services firm with operations in Kenya, Nigeria, Tanzania. The investment would be used to further expand its services in Kenya. Even as the firm is currently testing the Mexican and Indian markets. “The rapid growth of smartphone adoption, paired with the affinity […]

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Microtraction invests undisclosed amount in P2P crypto exchange platform, Bitkoin Africa

Just recently, some days back, we reported that Yele Bademosi’s Microtraction had invested an undisclosed amount in digital savings platform, cowrywise (it was just days after Piggybank raised their $1 million seed funding). Well, today, Microtraction have announced a second investment in a startup, and this time it’s Bitkoin Africa. Bitkoin Africa is a platform […]

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Digital savings platform, Cowrywise secures investmemt from Microtraction

Venture capital firm, Microtraction, headed by Yele Bademosi has invested an undisclosed amount in digital savings platform, Cowrywise. The firm, for a while has been accepting applications for investments from startups that have a technical co-founder. This investment in Cowrywise serves as their first ever. Cowrywise is a digital savings platform that allow users to […]

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