Author: Yakub Abdulrasheed

Yakub Abdulrasheed is a tech journalist specializing in African startup ecosystems. On Techparley, he profiles innovative founders, dissects emerging trends, and provides balanced analysis on milestones achieved by startups across the continent. Yakub's articles come from a place of deep research in an effort to shed light on the triumphs and challenges of Africa's entrepreneurial landscape by offering insights that inform and inspire. He holds a Bachelor of Science in Criminology and Security Studies.

In the age of digital convenience, the average home entertainment setup often consists of a tangle of devices, TVs, streaming boxes, audio systems, gaming consoles, and more, each with its own dedicated remote control. While each controller serves a purpose, juggling them quickly becomes a hassle. Enter the universal remote: a simple, smart solution that offers the power to control multiple devices using a single interface. But owning a universal remote is only the beginning. Knowing how to correctly connect and program it to work with your various devices is essential to unlocking its full potential. Whether you’re working with…

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In today’s fast-moving digital world, where attention spans are shrinking and public opinion can shift with a single video clip, Obakunle Ifeoluwa Moses has found his calling, telling governance stories that matter. As the official videographer to Nigeria’s Minister of Interior, Hon. Dr. Olubunmi Tunji-Ojo, he doesn’t just document events; he translates policies into powerful visual narratives that inform, inspire, and connect with millions. Moses is a graduate of Microbiology from the Federal University, Oye Ekiti, who could have pursued a career in science. Instead, he chose the camera as his instrument of change. “Videography blends artistry and technology. It’s…

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The Chairman of Haminet Motors Nigeria Limited, Alhaji Maruf Salimonu, in a move aimed at improving student welfare and access to education, has donated a new school bus to Madinatul Irfan Academy, a private educational institution in Okene, Kogi State. In Nigeria, where students of public schools often trek long distances to school, a few private individuals are stepping up to bridge the gap, ensuring that students’ access to education, mobility and overall welfarism are well catered for. The Chairman and Chief Executive Officer of Haminet Motors Nigeria Limited, Alhaji Salimonu is one of a small but growing number of…

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TurnStay, a South African travel-focused fintech has secured $2 million in seed funding to expand its innovative payment infrastructure across African markets. The startup aims to reduce high transaction costs and barriers for tourism businesses on the continent by processing card payments in tourists’ home countries and settling locally using stablecoins. The startup claims to cut payment fees by up to 70%, improving access to global customers for African travel operators. “We’re not just reducing costs, we’re enabling African travel companies to compete on a level playing field with international platforms,” said co-founder Alon Stern. Reimagining Travel Payments in Africa…

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In today’s digital world, receiving calls from hidden or unknown numbers isn’t just annoying, it can be dangerous. Across the globe, and particularly in Africa, scammers and fraudsters often hide their numbers using “No Caller ID” or “Private Number” tricks to deceive people, harass them, or steal personal data. In 2023 alone, over 29.8 billion spam calls were flagged worldwide, with a significant share coming from regions like Sub-Saharan Africa, according to Truecaller. Whether you’re in Lagos, Nairobi, Johannesburg, or London, the concern remains the same: Who is calling me, and why can’t I see their number? Here’s a detailed,…

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In a quest towards reshaping retail in the developing world, South African startup Flood has secured $2.5 million in seed funding to expand its “SuperApp-as-a-Service” platform across more emerging markets. The mobile-first, no-code digital commerce platform is engineered to bridge the massive gap between offline and online retail by embedding localised e-commerce, payments, and loyalty services directly into the apps people already use, such as telco and banking platforms. “Ninety-five per cent of retail in emerging markets is still offline,” said André de Wet, serial entrepreneur and founder of Flood. “Flood bridges that gap by embedding localised commerce, loyalty and…

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African startups have been invited to apply for the MTN Cloud Accelerator Programme, a 12-week initiative designed to provide growth-stage ventures with funding, technical integration, and access to MTN’s expansive digital infrastructure. The programme, which closes for applications on August 15, offers selected startups $65,000 in grants, mentorship from industry experts, investor pitch training, and access to MTN’s Cloud, MoMo, and Chenosis APIs to help scale their solutions across key sectors including fintech, health-tech, ed-tech, and agri-tech. “We are committed to empowering Africa’s brightest entrepreneurs by providing not just funding, but also the digital tools and networks needed to thrive,”…

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Cairo-based digital procurement startup Suplyd has secured $2 million in pre-Series A funding to expand its platform and strengthen Egypt’s food and beverage supply chain. The round was led by 4DX Ventures, Camel Ventures, and Plus VC, with participation from Seedstars and existing investors. Founded in 2022, Suplyd connects restaurants directly with suppliers to tackle long-standing issues such as unreliable deliveries, high wastage, and lack of transparency. Since raising a $1.6 million pre-seed round, the company has scaled rapidly, now serving over 5,000 restaurants across the country. “What started as a bold idea is now powering thousands of restaurants every…

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South Africa’s municipalities are entering a new era in energy management. Amid chronic load-shedding, rising tariffs, and a fragile national grid, one homegrown company is positioning itself as a game‑changer. Utility Trading and Consulting Services (UTCS), led by CEO Christo Nicholls, is pioneering digital electricity trading platforms designed to deliver what he calls “affordable electricity for all.” From Load-Shedding Woes to Local Solutions South Africa has endured years of rolling blackouts and tariff hikes, leaving households and businesses scrambling for alternatives. With Eskom struggling to meet demand, municipalities face the dual challenge of securing reliable power while staying compliant with an…

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A South African energy startup, Utility Trading and Consulting Services (UtCS), is breaking new ground in the country’s electricity sector by helping municipalities and private consumers secure cheaper and more reliable power. Founded by energy-focused writer Christo Nicholls, the company is leveraging a digital trading platform, MyMunic, to enable local governments not only to buy power more efficiently but also to sell excess electricity back into the national grid. “We figured out how to enable municipalities to have a 360-degree approach towards bulk supply diversification, and encourage private investors, big and small, to securely have off-balance-sheet day-trading engagements with their…

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In today’s highly competitive job market, where millions of professionals are competing globally for limited remote roles, packaging yourself correctly can be the deciding factor between weeks of rejection emails and a signed contract. Career experts note that self-branding, speed, and adaptability are increasingly more important than flashy résumés or prestigious degrees. “It’s not about being the most qualified on paper, it’s about being the most accessible, adaptable, and visible,” one remote-work consultant said. For job seekers hoping to land a position within days, the right strategy can turn rejection into opportunity. Here are seven most effective ways to land…

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Entrepreneurship is more than starting a business; it is about using creativity to meet needs, solve problems, and leave a lasting impact. Few embody this spirit as much as Fatimo Alimi, the CEO of Dedoyin Coverings (Formerly doing business as Qingqwin Needles. A graduate of Anatomy from the Ladoke Akintola University of Technology, Ogbomoso with a master’s degree in Public Health from the National Open University of Nigeria, Fatimo is building a thriving enterprise by transforming leather and fabrics into affordable, stylish, and functional bags and souvenirs. “Craft making is an interesting art that requires precision, patience, diligence, skillfulness and…

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Nigeria’s path to economic redemption now lies squarely on President Bola Ahmed Tinubu’s (PBAT) shoulders, according to a searing public statement by social commentator, Timi Ogunsanwo. In a vivid metaphor capturing decades of decline, Ogunsanwo accused successive governments of burying the nation, declaring: “GEJ’s regime with Madam Ngozi Okonjo-Iweala dug Nigeria’s grave and bought its coffin. PMB’s regime put Nigeria in the coffin, nailed it and lowered the coffin to the grave. Rather than cover it up, PBAT’s regime use the strenuous labour of the masses to uplift the coffin, open it, set Nigeria free but in the process, the…

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Microsoft has joined Nvidia as the second company to surpass a $4 trillion market valuation, cementing its place at the top of the global tech hierarchy. The achievement, fueled by booming demand in cloud computing and artificial intelligence (AI), comes as the company confirmed plans to lay off 9,000 employees, 4% of its workforce, in its largest staff reduction since 2023. AI Investments Drive Historic Growth The valuation milestone was reached Thursday after Microsoft’s shares climbed as much as 8% in early trading before settling 4.5% higher. The surge followed a blockbuster earnings report highlighting the company’s accelerating AI strategy.…

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Africa’s fast-growing tech ecosystem is set for a major test of innovation as Data Science Nigeria (DSN) launches the Wokkahthon Challenge, calling on bold innovators to build 20 artificial intelligence (AI) agents in just 30 days. From August 15 to September 14, 2025, and with a prize pool of ₦800,000 ($520) and career-launching perks, the challenge aims to deliver AI-driven solutions to real-world African problems. “This is not just a competition; it’s a gateway for Africans to shape the continent’s future with technology,” said DSN’s spokesperson. A High-Stakes Competition The challenge will reward three winners, each receiving ₦100,000 cash plus…

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Nigerian electric mobility startup MAX has unveiled West Africa’s first solar-powered battery swap station, a milestone the company says will reshape the continent’s clean transport landscape. Deployed in Nigeria, the station runs exclusively on renewable energy from a 20kWp solar PV array, supported by a 24kW inverter and a 30kWh battery bank, ensuring uninterrupted 24/7 service. “This isn’t just an energy solution, it’s a statement,” said Chinedu Azodoh, co-founder and president of MAX. “We’re proving that Africa’s future can be built on clean, resilient infrastructure that serves both people and the planet.” MAX’s Founding and Operational Structure Founded in Lagos…

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A Ghanaian fintech startup, Affinity, is redefining access to financial services for the country’s largely unbanked population, particularly informal sector workers and small business owners. Founded in 2022 by entrepreneur Tarek Mouganie and officially launched in October 2024, Affinity offers a fully digital, branchless banking platform that provides savings, payments, money transfers, investments, and loans without monthly fees or transaction charges. “Our mission is to serve the African majority, those often neglected by traditional banks and underserved by mobile money, with the most inclusive and cost-effective banking option in the market,” Mouganie disclosed. Backed by an oversubscribed US$8 million seed…

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Kenyan solar energy giant, Sun King has raised a landmark $156 million through a local-currency securitization to bring affordable clean power to more than 1.4 million low-income households and businesses across the country. Founded in 2007, the company has already provided nearly 10 million Africans with solar energy through its innovative pay-as-you-go model, which allows customers to make daily payments starting at just $0.19 via mobile money. “Millions of off-grid households have switched to solar thanks to small ‘pay-as-you-go’ loans,” said Anish Thakkar, Sun King’s co-founder. “This deal signals a major turning point for green energy finance in Africa. It…

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President Bola Tinubu’s appointment of Olumode Samuel Adeyemi as the new Controller-General of the Federal Fire Service (FFS) marks a pivotal moment in Nigeria’s struggle to strengthen emergency management and restore public trust in the sector. Adeyemi, until now Deputy Controller-General in charge of Human Resources at the FFS headquarters, takes over from Abdulganiyu Jaji, whose retirement is imminent. With years of service across operations, strategy, and firefighting administration, Adeyemi’s elevation is widely seen as an opportunity to bring competence and credibility to a service that has long grappled with poor infrastructure, low morale, and delayed response times. The appointment,…

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South African venture capital (VC) firm, HAVAÍC has announced the second close of its $50 million African Innovation Fund 3, securing $25 million to fuel early-stage, high-growth African-born technology startups with global potential. The Cape Town–based firm, has already supports companies serving more than 22 million customers in 183 countries. Recently it made fresh investments in fintech disruptor SAPay, sports analytics platform Sportable, and Pan-African payments provider NjiaPay, alongside livestock trading startup SwiftVEE. “Welcoming Sanlam Multi-Manager into our Fund 3, along with added commitments from the SA SME Fund and Fireball Capital, is a testament to our track record for…

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Nigerian corporate travel startup Treepz has officially launched operations in Canada, securing the University of Toronto’s African Impact Initiative as its first North American client. The move, supported by Brampton Mayor Patrick Brown and organizations such as the World Trade Centre’s TAP programme and the Brampton Entrepreneurs programme, marks Treepz’s first expansion beyond Africa. “The launch of Treepz Canada is a strong positive statement of intent for not just our company but how we represent all African startups,” said Treepz co-founder and CEO Onyeka Akumah. “We can truly build globally acceptable and reputable brands right from the streets of Lagos.”…

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Saudi-based foodtech startup Calo has raised an additional $39 million in a Series B funding extension, pushing its total to $64 million and surpassing its initial target of $50 million. The round was led by AlJazira Capital with participation from Nuwa Capital, STV, Khwarizmi Ventures, Al Faisaliah Group, and Oraseya Capital. The company says the fresh capital will fuel its global expansion, the integration of recently acquired UK meal brands, and the rollout of “Calo Black,” an AI-powered chef designed to deliver personalized daily menus using large language models (LLMs). “We’re excited to be investing in cutting-edge innovation to explore…

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Applications have opened for the US$2 million Milken-Motsepe Prize, a global competition aimed at supporting African companies using artificial intelligence (AI) to transform manufacturing across the continent. The initiative, backed by the Milken Institute and the Motsepe Foundation, seeks innovations that can boost efficiency, cut waste, and create jobs in emerging markets. The Grand Prize winner will receive US$1 million, while additional awards will be shared among other top teams. According to the organisers, the challenge is designed to “unlock commercial growth and ignite breakthroughs across the globe,” with companies also gaining access to exclusive networking opportunities and the chance…

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In Johannesburg, South Africa, an African fintech startup, Squirrel Away, has launched the country’s first investment gifting app, allowing users to contribute as little as ZAR10 ($0.55) toward a child’s financial future through exchange-traded funds (ETFs). Founded by Sibongile Maputla and rolled out in May, the platform seeks to transform traditional gift-giving into a tool for building generational wealth, offering parents, relatives, and friends a simple, low-cost way to secure long-term financial growth for children. “We’re not here to replace formal financial institutions; we want to make long-term investing feel as normal as buying a toy,” Maputla expressed. “I want…

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Kenya’s fast-growing conversational commerce startup, Sukhiba has rebranded as Flowcart to reflect its evolution from a WhatsApp-based chat support tool into a full-fledged AI-driven commerce platform. Founded in 2021 by Ananth Raj Gudipati and Abhinav Reddy, the company helps businesses streamline sales, marketing, customer service, and payments directly on WhatsApp. After securing a $1.55 million seed extension round in 2023, Flowcart is scaling beyond its Kenyan and South African roots to Nigeria, India, and the UAE, tapping into regions where WhatsApp dominates digital engagement. Already serving over 300 leading brands, including L’Oréal, Safaricom-Masoko, and Spar Oman, the startup aims to…

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Indian deeptech startup Kluisz.ai has secured $9.6 million in seed funding to develop a generative AI-driven private cloud platform aimed at transforming enterprise cloud operations. The funding round was led by RTP Global with participation from Unicorn India Ventures, Blume Founders Fund, Climber Capital, and several angel investors. Founded by Abhinav Sinha, Vamshidhar Reddy, and Abhijeet Singh, the Bengaluru-based firm plans to expand its engineering team and begin early deployments across India and the Middle East. “Private cloud today transfers the ownership of managing infrastructure to the customer. It is complex, needs large teams, and brings in heavy operational overheads.…

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Nigeria’s Interior Ministry has on Saturday, July 26, 2025, held an intensive media masterclass for Public Relations Officers (PROs) and media teams under its umbrella. Themed: “Beyond Press Statements: Media as a Tool for Public Engagement,” the masterclass was organised to set a new benchmark for government communication standards. According to Babatunde Alao, Special Adviser, Media and Publicity to the Minister of Interior, the session was designed to equip service media teams with the latest industry experience in image making and crisis management. 11:30 am — Media is not a lazy man job, Interior Minister Speaking during the event, the…

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Nigeria’s Interior Ministry is hosting an intensive media masterclass aimed at retooling Public Relations Officers (PROs) and media teams under its command. Themed: “Beyond Press Statements: Media as a Tool for Public Engagement,” the masterclass is holding today, at the Wazobia Hall, in Abuja Continental Hotel, and is expected to set a new benchmark for government communication standards. The special guest of honour at the event is the Honourable Minister of Interior, Dr. Olubunmi Tunji-Ojo, whose reformist vision has driven several initiatives around digitalisation, internal security, and inter-agency synergy within the ministry. Techparley’s Mikhail Hammed is live at the event,…

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As climate disasters escalate, from Nigeria’s deadly floods to record heatwaves scorching Europe and North America, the next chapter of climate action hinges on those already rewriting the narrative. While policymakers debate timelines and carbon pledges, a new generation of leaders is driving urgent action from the grassroots upward. These voices, from Kenya’s forests to Nigeria’s youth coalitions and digital campaigns led in European cities, are not waiting for permission. They are shaping solutions, holding governments and corporations to account, and demanding that climate justice, not just emissions reduction, be the compass of global action. Whether in Greta Thunberg’s marches,…

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In a strategic move to consolidate its position in the generative AI ecosystem, Meta, formerly Facebook, has acquired Egyptian voice AI startup PlayAI, a company best known for its advanced multilingual voice technologies. The acquisition aims to bolster Meta’s AI offerings, particularly in voice interaction, as it ramps up competition against OpenAI and Google. PlayAI, co-founded by Mahmoud Felfel and Hammad Syed, who previously teamed up on the Dubai-based platform Dubizzle, developed Play Dialog, a multi-turn speech model trained on hundreds of millions of conversations and capable of interpreting contextual cues and expressing nuanced emotions. The startup also launched Play…

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In a landmark year for entrepreneurship on the continent, Africa’s Business Heroes (ABH), a philanthropic program backed by Alibaba’s Jack Ma Foundation, has unveiled the top 50 finalists for its 2025 competition. This follows a record-breaking 32,000 applications from all 54 African nations. The competition, now in its seventh edition, is part of a decade-long commitment to empower 100 African entrepreneurs through grant funding, capacity-building, and continental exposure. The finalists span 17 countries and 16 sectors, with women representing 36% and Francophone entrepreneurs accounting for 10% of the cohort. These entrepreneurs are now set to undergo an intensive virtual bootcamp,…

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South Africa’s leading crypto exchange, VALR, has launched the Garrington Capital USD Private Credit Token (USDPC), marking a significant stride in bridging the gap between traditional finance and the digital asset economy. This token, now available to VALR’s over 1.4 million global users, represents a share in a portfolio of asset-backed, senior-secured private loans across North America managed by Garrington Capital, with targeted annual returns of 8–10%. Issued by RainFin, USDPC offers stablecoin holders and institutions a low-volatility, yield-bearing alternative, providing a compelling opportunity for portfolio diversification amid growing demand for tokenised real-world assets. As the only crypto platform in…

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Global IT solutions provider Virtuosoft is setting the stage for a transformative entry into Africa’s tech landscape with a bold pledge to create 5,000 jobs across the continent by 2030. In an exclusive interview conducted by Techparley Africa on July 22, 2025, Virtuosoft’s Chief Operating Officer, Azher Rizvi, revealed the company’s ambitious five-year roadmap for entering and transforming Africa’s digital services ecosystem. The Pakistani-based global IT firm, known for its cutting-edge solutions in AI, data science, cybersecurity, software QA, and cloud services, is making strategic moves to establish delivery centers across West and Southern Africa. Operating already in USA, UAE,…

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To accelerate digital financial inclusion across Egypt, fintech startup Flend has raised $3 million in seed funding through a blended equity and debt round to expand its digital lending services tailored for small and medium-sized enterprises (SMEs). Founded by Ahmed Zaki, Nehal Helmy, and Saif Edeen El Bendari, Flend is licensed by the Financial Regulatory Authority (FRA) as a Digital Non-Banking Financial Institution (Digital NBFI). The platform offers a fully automated lending process, from onboarding and credit scoring to disbursement and repayment, secured by digitally binding contracts. With this new funding, according to the team, Flend aims to grow its…

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Egypt’s Financial Regulatory Authority (FRA) has announced sweeping reforms to fast-track the digitization of non-banking financial services (NBFS), positioning the country as a rising fintech hub in the Middle East and Africa. At the FRA Fintech Forum 2025, Chairman Dr. Mohamed Farid unveiled a package of new laws and regulatory decisions that enable digital identities, robo-advisory services, electronic contracts, and startup-friendly licensing rules. Among the most notable shifts is the establishment of a regulatory sandbox for fintech experimentation and the approval for startups with EGP 15 million ($313,000) in capital to enter the NBFS space. FRA also reported that 70…

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Billionaire entrepreneur Elon Musk has announced a new AI application for children, dubbed Baby Grok, through his artificial intelligence venture, xAI. Revealed early this week via his platform X (formerly Twitter), the app is intended to deliver kid-safe content. However, Musk offered no details on the tool’s capabilities or safeguards. The announcement follows mounting criticism of xAI’s existing chatbot, Grok, which has faced backlash over offensive and misleading content. The move also places Musk in direct competition with Google, which is currently developing a child-appropriate version of its Gemini chatbot, designed to assist with learning and creativity while avoiding ads…

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The third edition of the Africa Money & DeFi Summit West Africa is set to take place in Accra, Ghana, on September 24–25, bringing together over 500 stakeholders from across Africa’s rapidly evolving financial technology ecosystem. The high-profile event, organized by the team behind the Africa Tech Summit Series, will convene fintech leaders, investors, government representatives, telecom operators, blockchain pioneers, and startup founders to explore investment opportunities, digital innovation, and the rise of decentralized finance (DeFi) across the continent. As stablecoins and digital currencies gain real-world traction in Africa, from powering cross-border transactions to enabling payroll and business operations, the…

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African venture builder 54 Collective, formerly known as Founders Factory Africa, has ceased its venture studio operations after a legal dispute with one of its principal backers, the Mastercard Foundation. The fallout came after allegations surfaced that the organisation had misused restricted charitable funds meant to support tech entrepreneurs across Africa. A court subsequently ruled that 54 Collective had wrongly diverted grant money to finance a rebranding exercise, and the firm’s attempt to shield itself through bankruptcy protection failed. This led to the court-ordered liquidation of its operating arm, Africa Founders Ventures (AFV), effectively ending its startup incubation efforts on…

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A Nigerian computer scientist has been awarded the highly competitive National Science Foundation (NSF) CAREER Award for pioneering research into the cybersecurity of autonomous vehicles, in a significant step toward safeguarding future transportation systems. Dr. Habeeb Olufowobi, a faculty member at the University of Texas at Arlington’s (UTA) Department of Computer Science and Engineering, received a grant of $598,895 for his project titled “Securing Connected Autonomous Vehicle Stack Against Adversarial Input.” The research aims to develop more resilient self-driving cars capable of detecting, resisting, and recovering from cyberattacks, an increasingly urgent challenge in the age of connected mobility. “This important…

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Nigeria’s API-first SaaS startup Thrivyx has joined the LaunchUp programme by global venture builder FasterCapital, aiming to scale its secure, cloud-native SCADA platform across Africa, Europe, and Asia. Founded in 2021, Thrivyx delivers integrated cybersecurity, productivity, and file-sharing solutions tailored for critical infrastructure and industrial systems, including energy, utilities, and smart cities. Its unified platform enables real-time monitoring, remote access, AI-powered anomaly detection, and digital twin visualisation, even for legacy field equipment. The partnership with FasterCapital, renowned for co-founding and co-funding tech startups, is expected to offer Thrivyx global capital, mentorship, and strategic networks as it targets the US$180 billion…

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In North Africa’s digital economy, Morocco-based ORA Technologies has secured $7.5 million in Series A funding to expand its superapp ecosystem and fortify its digital cash collection infrastructure. The funding round, led by Azur Innovation Fund and backed by three additional local investors, underscores the rising confidence in Moroccan startups and brings ORA’s total capital raised to $11.9 million since its founding in 2023. ORA, launched by tech entrepreneur Omar Alami, offers a multipurpose app that merges peer-to-peer payments, e-commerce, food delivery, ride-hailing, chat, and social networking into a single interface. Its flagship offerings, including the food delivery service Kooul…

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In a major strategic shift, Nigerian e-health startup NucleusIS has rebranded and relaunched as RIGO Incorporated, unveiling a broader mission to digitize Africa’s fragmented and under-resourced healthcare economy. With a new name, expanded product offerings, and a unified platform approach, the company is positioning itself as digital infrastructure for healthcare providers and insurers across Nigeria. Founded in 2019, NucleusIS initially focused on building backend enterprise software for health insurers and medical service providers. With seven enterprise clients onboarded and a growing presence across clinics, pharmacies, hospitals, and HMOs, the newly branded RIGO now provides a vertical SaaS and embedded finance…

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In Zaria, Nigeria, Ahmadu Bello University (ABU), one of Nigeria’s foremost academic institutions, secured €5 million grant under the European Union’s Horizon Europe EUTOPIA call to develop an AI-powered microscope to ease the diagnosis of neglected parasitic diseases in Sub-Saharan Africa. The project, titled “MultiplexAI”, was among only four proposals selected from over 240 global entries focused on digital diagnostics. ABU will serve as the lead African institution in the initiative, which targets diseases such as African trypanosomiasis, leishmaniasis, and filariasis, ailments that remain prevalent but underdiagnosed in impoverished communities. “This is not just a scientific milestone for our institution,…

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As global economies increasingly integrate artificial intelligence (AI) into everyday life, a timely initiative is set to equip Nigerians with the tools to turn this revolution into personal revenue. On July 25, 2025, AI CERTs, in collaboration with CertBridge, will host a practical webinar titled “How to Earn Using Generative AI – A Practical Guide for Nigerians.” Slated for 5:30 PM WAT, the session will be led by Utkarsh Sharma, a certified machine learning instructor, who will provide beginner-friendly, real-world insights on how Nigerians can monetize AI through freelancing, content creation, and business tools. With tailored guidance on income generation…

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Nigeria’s tech community is in mourning following the untimely death of Abiola Elijah Olaniran, the visionary founder of Gamsole and one of Africa’s pioneering figures in mobile gaming and angel investing. Olaniran passed away on July 16, 2025, at the age of 36, sparking a wave of heartfelt tributes from across the continent and beyond. A Nation Mourns a Tech Visionary The news of his passing has reverberated through Nigeria’s innovation ecosystem. Industry leaders, public officials, and fellow entrepreneurs have praised Olaniran not just for his groundbreaking work, but for the humility, generosity, and passion he brought to Africa’s tech…

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Saudi-based startup Wittify.ai has raised $1.5 million in pre-seed funding to develop a culturally intelligent, Arabic-first conversational AI platform aimed at transforming digital communication in the Arab world. The funding, led by undisclosed investors and backed by accelerators such as STC’s inspireU, Misk Entrepreneurship x Plug, Play, and TikTok x Blossom Accelerator, will fuel product development and regional expansion. Officially founded in 2024 by Nader El-Batrawi and Dr. Sarah AlHumoud, Wittify has launched a beta version of its platform, enabling businesses to create voice, text, or multimodal (voice + text) AI agents for seamless use across websites, call centers, CRM…

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Egypt’s Micro, Small and Medium Enterprises Development Agency (MSMEDA) has disbursed over EGP 2.2 billion (USD 45 million) in funding to Alexandria since July 2014, supporting more than 51,000 micro and small-scale projects and creating over 110,000 job opportunities. The funding, which also covered EGP 102 million in infrastructure, training, and community development, is part of a national push to strengthen the role of MSMEs in the formal economy. During a recent high-level meeting between Alexandria Governor Lieutenant General Ahmed Khaled and MSMEDA CEO Bassel Rahmy, as gathered by Techparley, officials discussed deepening cooperation to empower entrepreneurs, expand industrial zones,…

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African-founded artificial intelligence startup Rwazi has secured $12 million in Series A funding to further develop its AI-powered decision-support system, expanding its ability to deliver real-time consumer insights to global businesses. The funding round is set to fuel the next phase of growth for the Mauritius-born company, which has rapidly scaled across Africa and into three additional continents since its founding in 2018. “For decades, decisions have been driven by instinct. But gut calls are expensive, and in today’s market, they’re dangerous,” said Joseph Rutakangwa, co-founder and CEO of Rwazi. What Rwazi Does Rwazi operates an AI market intelligence platform…

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In a major step to support African startups, Village Capital, a US-based investor focused on social impact, has teamed up with five African entrepreneur hubs to invest $4 million in early-stage businesses. The initiative, supported by the Dutch Entrepreneurial Development Bank (FMO) and the Netherlands Enterprise Agency (RVO), will target startups in Ghana, Nigeria, and Tanzania that are working to improve local economies and fight climate-related challenges. The selected hubs, known as Entrepreneur Support Organisations (ESOs), will work directly with Village Capital to identify and support startups with the most promising solutions. Rather than relying on outside experts, the program…

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Nigerian startup Afri Invoice has emerged with an innovative platform designed to solve long-standing issues in invoicing, compliance, and payment integration across the continent. Founded in 2024 by British-Nigerian entrepreneur Mark Odenore, Afri Invoice is already attracting widespread attention ahead of its official launch, with a growing waiting list and enthusiastic early testers. The startup seeks to address the gap left by global financial software tools, which often overlook Africa’s unique business practices, tax requirements, and mobile money ecosystems. What Is Afri Invoice Trying to Accomplish? Afri Invoice aims to simplify how small and medium-sized enterprises (SMEs) in Africa manage…

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From Nairobi, Kenya, a logistics technology startup, Leta has launched operations in Ghana, marking its seventh active market in sub-Saharan Africa, as it accelerates its mission to revolutionize goods transportation across the continent. The expansion comes after a $5 million seed funding round in March 2025, led by European venture firm Speedinvest, with backing from Google’s Africa Investment Fund and Nairobi-based Equator VC. Leta’s entry into Ghana kicks off with Simbisa Brands Limited, one of Africa’s largest fast food operators with over 600 outlets in 11 countries, onboard as its first local customer in Accra. “This marks a major step…

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Nigerian fintech startup Prospa is revolutionising access to financial services for micro, small, and medium enterprises (MSMEs) by offering a fully integrated digital platform tailored specifically to their needs. With an estimated 39.6 million MSMEs in Nigeria, most of which rely on cash, spreadsheets, or informal channels like WhatsApp to manage their finances, Prospa aims to close the gap in formal financial inclusion and offer a pathway to sustainable growth and credit access. “Many entrepreneurs are forced to mix business and personal finances because the system isn’t built for them,” said co-founder Frederik Obasi. Co-founder Frederik Obasi says Prospa’s value…

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Imagine startups replacing state capitals in Nigeria. From Flutterwave in Lagos to RiceAfrika in Kebbi, and NEICCOB in conflict-scarred Borno, a groundbreaking analysis showcases how innovation hubs are becoming the true landmarks of Africa’s largest economy. For decades, Nigeria’s 36 states have been defined by their political seats and natural resources. Yet a quiet revolution is underway: homegrown startups are redrawing the nation’s identity, tackling unemployment, food insecurity, and financial exclusion. “We’re witnessing a generational shift,” said Ifeoluwa Akinwale, a venture ecosystem analyst. “Startups are no longer just solving problems, they’re becoming economic anchors for entire regions.” This exclusive report, based…

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This move overshadows Abuja and Lagos. It is a bold new vision of Nigeria, one where the names of disruptive startups eclipse traditional state capitals on the map. From Flutterwave in Lagos to RiceAfrika in Kebbi, and NEICCOB in conflict-scarred Borno, a groundbreaking analysis showcases how innovation hubs are becoming the true landmarks of Africa’s largest economy. For decades, Nigeria’s 36 states have been defined by their political seats and natural resources. Yet a quiet revolution is underway: homegrown startups are redrawing the nation’s identity, tackling unemployment, food insecurity, and financial exclusion. “We’re witnessing a generational shift,” said Ifeoluwa Akinwale,…

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Egypt’s clean-tech ecosystem is gaining global attention as the country harnesses its natural solar and wind advantages to power major renewable energy projects like the Benban Solar Park and expansive wind farms. Startups are emerging in green hydrogen, EV infrastructure, recycling, and smart water systems, offering innovative solutions to climate and energy challenges in a region facing acute environmental stress. Yet, despite this momentum, systemic challenges persist, including limited access to testing labs, unclear regulatory frameworks, and overdependence on imported technology. As government bodies begin forming committees to support clean-tech innovation and international investors increasingly eye the sector, Egypt’s full…

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As tributes pour in for Oba Sikiru Kayode Adetona, the revered Awujale of Ijebuland, Nigerians remember a royal figure whose six-decade reign redefined the role of traditional leadership in modern governance. Ascending the throne in 1960, Oba Adetona emerged not just as a custodian of culture but as a reformist monarch who blended tradition with innovation, leaving behind a legacy marked by peace, progress, and people-centered development. “He was more than a traditional ruler; he was a visionary who brought the palace closer to the people,” said Chief Adekunle Onasanya, a community elder in Ijebu-Ode. Here are ten of his…

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The paramount ruler of Ijebuland, Oba Sikiru Kayode Adetona, has died at the age of 91, just hours after the announcement of the death of his longtime friend and former President Muhammadu Buhari. The monarch reportedly passed away peacefully at a private hospital in Lagos on Sunday, July 13, 2025. Life and Legacy Born on May 10, 1934, Oba Adetona ascended the throne on April 2, 1960, at the age of 26 and reigned for over 64 years, making him one of the longest-serving traditional rulers in Nigerian history. During his reign, Ijebuland witnessed significant development, infrastructural growth, and cultural…

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Following the death of former President Muhammadu Buhari, Nigeria is reflecting on a polarizing yet transformative chapter in its democratic history. Though his leadership divided opinion, Buhari’s administration, from 2015 to 2023, implemented one of the most ambitious reform agendas in post-independence Nigeria. With over 60 major policy reforms, $10 billion in infrastructure investment, and social programmes impacting more than 50 million Nigerians, his legacy is defined by data-driven achievements. “President Buhari’s time in office will be remembered for prioritising infrastructure, governance reforms, and social safety nets in ways not seen since the return to democracy in 1999,” said Dr.…

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Former Nigerian President Muhammadu Buhari has reportedly passed away, sparking an outpouring of reactions across social media. With over 23,000 posts under his name and hashtags like “GCFR,” “May His,” and “May Almighty Allah” trending nationwide, the digital space is awash with tributes and prayers. Notably, the phrase “The God” has surged with nearly 400,000 posts, reflecting the spiritual sentiments being expressed. Buhari, who held the title of Grand Commander of the Federal Republic (GCFR), served Nigeria through a turbulent yet defining era. While official confirmation is awaited, the online reaction underscores the profound impact of his leadership on the…

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Nigeria’s former President Muhammadu Buhari has reportedly passed away at 82 in a clinic in London, according to a statement attributed to Garba Shehu and shared under the official handle of NTA News. The brief announcement, dated July 13, 2025, expressed prayers for Buhari’s acceptance into Aljannatul Firdaus. While the report has sparked reactions online, official confirmation from government sources is yet to be independently verified by Techparley. Tribute by President Bola Ahmed Tinubu It is with profound sorrow and a heavy heart that I received the news of the passing of His Excellency, Major General Muhammadu Buhari (Rtd), GCFR,…

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In Egypt, Nigerian-born international payments platform LemFi has officially expanded operations to Cairo, marking a significant step in its ambition to become the go-to financial service for immigrants and diaspora communities globally. The company, which was founded in 2021 as Lemonade Finance by Ridwan Olalere and Rian Cochran, rebranded in 2023 to LemFi and has since scaled rapidly. It now counts over one million users across the United States, Canada, the United Kingdom, and Europe and handles more than $1 billion in monthly transaction volume. Supporting Global Diaspora with Affordable Remittances LemFi’s core mission is to simplify cross-border payments for…

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Thinkroom and The Oracle Group have partnered to launch the Oracle Innovate Lab, a six-month founder-focused programme designed to support Eswatini’s early- and growth-stage entrepreneurs in building resilient, scalable ventures. The initiative, set to kick off in August 2025, is targeted at ten high-potential small and medium-sized enterprises (SMEs) and is expected to serve as a launchpad for local startups looking to expand into regional and international markets. Blending Local Innovation with Global Support Eswatini, formerly Swaziland, has long faced structural limitations to startup development, including limited access to growth capital, networks, and structured mentorship. However, the Innovate Lab seeks…

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The Meltwater Entrepreneurial School of Technology (MEST) has announced the launch of its newly evolved AI Startup Programme, a fully-funded, immersive accelerator designed to empower a new wave of African tech founders building artificial intelligence solutions for global markets. Targeted at young software developers across West Africa, the programme promises seven months of rigorous training followed by a four-month incubation period, culminating in the opportunity to pitch for up to $100,000 in pre-seed funding and entry into the MEST portfolio. “Africa has world-class tech talent, and it’s time AI solutions built on the continent reach users everywhere,” said Emily Fiagbedzi,…

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AfamiaGroup, a venture capital company based in California, USA, has announced a $25 million deployment plan for 2025, aimed at identifying and backing two standout startups tackling some of the world’s most pressing innovation gaps. Alatri, a senior staff member, revealed in a LinkedIn post that the group is actively scouting for ambitious projects across a wide range of sectors, including energy, big data, healthcare, supply chain & logistics, real estate, mobility, mining, agriculture, defense R&D, theme parks, and crypto infrastructure. The call is open-ended, encouraging founders with proven execution, not just pitch decks, to get in touch directly. “We’re…

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From Cape Town, South Africa, a region where flashy consumer apps and crypto wallets often dominate headlines, South Africa’s Stitch is quietly establishing itself as a foundational layer of Africa’s emerging digital economy. Launched in 2019 by Cape Town-based entrepreneurs Kiaan Pillay, Priyen Pillay, and Junaid Dadan, Stitch is developing an ambitious payments infrastructure platform designed to unify how money moves across the continent. The startup’s tools integrate bank accounts, cards, digital wallets, and crypto assets, creating what it calls a “programmable layer” for modern commerce. With over $107 million in venture capital raised to date and operations spanning South…

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South African payments infrastructure startup Stitch has acquired local card clearing firm Efficacy Payments, marking its second major acquisition in under a year. The deal positions Stitch as a Designated Clearing System Participant (DCSP), enabling it to process card payments directly for merchants, both online and in-person, without relying on third-party intermediaries. This strategic move is set to improve transaction efficiency and reduce payment costs for businesses across the country. “We’re excited to welcome the Efficacy team into the Stitch Group and offer this critical solution to the merchants we work with. Card processing is an essential requirement for businesses…

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Adedeji Oladejo is a Nigerian-born engineer who is gaining international recognition for leading cloud innovation efforts at Amazon Web Services (AWS), one of the world’s most influential cloud computing firms. He is a telecommunications expert turned cloud architect, using his deep technical knowledge and pan-African field experience to drive digital transformation projects that touch millions across continents. Oladejo’s work is anchored in a belief that connectivity is not a privilege but a basic right. Whether you’re a farmer in Oyo or a startup in Ohio, everyone deserves access to cloud tools that can improve their lives,” he said in a…

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Following the success of its inaugural cohort, the RevUp Women Initiative has launched a Nigeria edition aimed at empowering 150 women-led businesses across Lagos, Abuja, and Abia. Focused on agribusiness and e-commerce, the programme blends enterprise development, strategic mentorship, and funding access to help women scale sustainable ventures and drive economic inclusion. Spearheaded by AfriLabs in partnership with the Visa Foundation, the initiative equips participants with tailored training and links them to a network of successful female entrepreneurs. Six standout participants will receive a combined grant of $24,000 to support their business growth. Nanko Madu, AfriLabs’ Director of Programmes, emphasized…

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Nigeria’s Lagos-based investment platform, Bamboo, officially launched in South Africa, marking a strategic move aimed at widening access to global financial markets for African investors. With a minimum investment of just ZAR150 (approximately $8), the platform is lowering the barrier to entry for retail investors traditionally excluded from international markets. The South African launch promotes Bamboo’s ambition to scale its pan-African footprint, tapping into one of the continent’s most mature financial markets. South Africans are sophisticated investors who understand global diversification, yet they’ve long been underserved,” said Bamboo COO and co-founder Yanmo Omorogbe. “Our goal is to make dollar-based investing…

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Singapore-based fintech startup Teleskop has announced it will cease operations by 31 July 2025, marking a swift end to its two-year run. The company, known for its financial wellness and legacy planning app, confirmed in a notice on its website that users will retain access until the shutdown date, after which all personal data will be deleted. Active subscribers have been assured of refunds, according to the statement: If you have an active subscription, a refund will be made to your card in due course. Teleskop’s founders praised the new government solution as “very well executed” and “more accessible,” acknowledging…

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Africa’s tech ecosystem has experienced exponential growth in the past decade, driven by a young population, increased internet penetration, and rising investor interest. From fintechs to healthtechs and agrotechs, startups across the continent have raised millions in venture capital, scaled rapidly, and positioned themselves as disruptors of traditional systems. However, behind the headlines of billion-dollar valuations lies a growing trend of high-profile startup failures. In recent years, several notable African startups have shut down despite securing significant funding and media acclaim. These closures expose not only operational and market inefficiencies but also highlight systemic cracks in Africa’s venture-backed ecosystem. What’s…

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In Nairobi, Kenya’s mobility platform BuuPass has secured a strategic investment from Yango Ventures, the venture capital arm of global ride-hailing and technology conglomerate Yango Group. While the startup has kept the financial terms undisclosed, the deal represents a major milestone for BuuPass, which has quickly emerged as a key player in Africa’s fast-growing digital transportation ecosystem. Its regional expansion gained momentum following the 2023 acquisition of South Africa-based QuickBus, a move that came shortly after BuuPass closed a $1.3 million pre-seed funding round. Yango Ventures’ investment is part of a broader $20 million fund launched in April to support…

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In a move to reshape in-store consumer payments in South Africa, fintech innovators, Float and Adumo have announced a strategic partnership to enable credit card holders to split purchases into four interest-free monthly installments. The collaboration leverages Float’s card-linked installment platform and Adumo’s extensive retail payment network, allowing shoppers to convert transactions into manageable, fee-free payments using their existing credit limits. The strategy allows Float’s solution to be accessed through Adumo’s payment devices, already deployed across leading South African retailers such as Safari Outdoor, Verimark, Cellucity, TOMS, Vision Optometrists and Tyremart. Folat’s CEO, Alex Forsyth-Thompson commented that, This partnership with…

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In a move to reshape in-store consumer payments in South Africa, fintech innovators, Float and Adumo have announced a strategic partnership to enable credit card holders to split purchases into four interest-free monthly installments. The collaboration leverages Float’s card-linked installment platform and Adumo’s extensive retail payment network, allowing shoppers to convert transactions into manageable, fee-free payments using their existing credit limits. The strategy allows Float’s solution to be accessed through Adumo’s payment devices, already deployed across leading South African retailers such as Safari Outdoor, Verimark, Cellucity, TOMS, Vision Optometrists and Tyremart. Folat’s CEO, Alex Forsyth-Thompson commented that, This partnership with…

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Dubai, UAE, BioSapien, a UAE-based biotechnology startup, has extended its pre-Series A funding round to more than $8 million following fresh investment from MENA-based venture capital firm, Globivest. The women-led venture capital joins a number of existing supports including Global Ventures, Golden Gate Ventures, and Dara Holdings, underscoring growing investor confidence in the startup’s pioneering cancer treatment platform, MediChip™. The MediChip™, a 3D-printed localized delivery system for cancer therapeutics, believed to be a potentially transformative shift in oncology treatment by offering precision-targeted drug delivery with reduced systemic side effects. The platform is designed to align with the UAE’s broader health…

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The sudden shutdown of Nigerian fintech startup Okra has reignited expert conversations about the sustainability of venture-backed tech ventures in Africa. Once hailed as one of the continent’s most promising open finance startups, Okra’s exit in May sent a wave of concern across the African tech ecosystem. For many, this development isn’t just about the fall of a single company, it reflects broader tensions surrounding the viability of Africa’s startup environment amid global economic tightening and investor skepticism. The news came at a time when African startups, particularly in fintech, were beginning to recover from the fundraising drought of 2022–2023.…

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Flutterwave has announced the launch of its financial operations across 34 states in the United States, offering simpler, faster, and more convenient services for customers. In a post shared Friday via his X account, Flutterwave Founder and CEO, Olugbenga Agboola, revealed that the company has secured 20 additional Money Transmitter Licenses (MTLs), with more expected soon. This development marks a significant milestone as Flutterwave’s Send App enters full-fledged operation in the U.S. Through the Send App, users, particularly Africans living in the United States and the diaspora, can now send money with ease to home countries such as Nigeria, Ghana,…

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South Africans are rapidly transforming their payment habits, with a notable shift towards digital alternatives such as direct-from-bank transfers and mobile wallets. This was contained in the 2025 State of Consumer Payment in South Africa report, released by Stitch in collaboration with global research firm, Censuswide. Based on a survey of 2,000 consumers, the report reveals that while cash and cards remain in use, digital payment methods are quickly becoming dominant, especially for online transactions. Among the standout trends is the rapid rise of Pay by Bank options like Capitec Pay, which offer real-time, secure transfers. These methods are now…

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When fintech startup Okra announced its shutdown earlier this year, it was tempting to file it under yet another failed venture in Africa’s high-stakes startup game. But what followed, the deliberate return of millions in unused investor funds and generous severance packages for staff, paints a more nuanced picture. It wasn’t a collapse. It was a controlled landing, and one that reflects an emerging maturity in how African startups navigate failure. This new wave of graceful exits, where startups wind down operations with dignity, transparency, and financial responsibility, is a stark contrast to the flame-outs and vanishing acts of the…

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As the world rapidly shifts into an AI-driven future, one burning question lingers for young Africans, digital creators, tech workers, and students alike: Which AI skills are genuinely profitable and worth learning in 2025? According to a joint report by the International Finance Corporation (IFC) and Google, Africa’s digital economy could contribute over $180 billion to GDP by 2025. Within that, artificial intelligence is emerging as one of the continent’s most promising growth engines. But while AI is often associated with complex algorithms and PhDs, the truth is, many high-income AI skills are now accessible, and learnable from your smartphone…

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Nigerian fintech startup Okra, a former darling of Africa’s open banking scene, has ceased operations, sending ripples through the continent’s tech community. The shutdown has triggered a mix of speculation, criticism, and introspection, with many questioning the sustainability of innovative business models in Africa’s rapidly evolving fintech landscape. As reported earlier by Techparley, the sudden collapse has also raised concerns about job security and the future of talent in the sector. However, amidst the noise, a more measured perspective is emerging, prompting a closer examination of the challenges and opportunities in Africa’s fintech industry. “Let’s lead with empathy, not judgment,”…

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The Silicon Valley’s Cluely, a newly launched AI startup, has seen its revenue soar to about $7 million in annual recurring revenue (ARR) just weeks after launching its enterprise product. Roy Lee, Cluely’s founder, disclosed that there has been a rising adoption of the platform, mainly by individuals preparing for meetings and interviews. The platform leverages AI to track online conversations, assisting users with real-time notes, helpful context, and question hints, all discreetly provided on the user’s screen without drawing attention. This special functionality has positioned the product as a game-changer in the virtual meeting and productivity space. Just weeks…

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Young Nigerian tech founder Fara Ashiru Jituboh, who co-founded and previously served as CEO/CTO of the fintech company Okra, has departed the startup only a few months after it introduced its internal cloud solution, Nebula. Jituboh’s LinkedIn profile shows she exited Okra in May 2025 and took on the role of Head of Engineering at the UK-based startup Kernel. Analysts have attributed Okra’s shutdown to various challenges, including a competitive and regulatory environment, economic volatility, and rising cloud infrastructure costs. Despite securing over $16.5 million in funding and achieving significant milestones, such as integrating with major Nigerian banks and platforms,…

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Creating a high-performing AI solution is a significant challenge, especially as the field rapidly evolves. Matching giants like OpenAI and Google usually demands massive financial resources or something close to a miracle. Despite lacking both immense funding and magical shortcuts, Agbo Obinnaya and Victory Nnaji believe they’ve developed something worth noticing. Their AI tool, Case Radar, which went live in September 2024, has attracted more than 1,400 users and aims to educate Nigerians about legal matters, offer legal assistance, and match them with appropriate legal professionals. The founders concede that ChatGPT offers legal insights but stress that it relies solely…

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