Foreign-owned start-ups are driving an African tech revolution — and prompting old fears of exploitation Please use the sharing tools found via the share button at the top or side of articles. Copying articles to share with others is a breach of FT.comT&Cs and Copyright Policy. Email licensing@ft.com to buy additional rights. Subscribers may share […]
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Two weeks ago, I tried renewing energy credits online via my bank’s website. I got debited instantly and immediately proceeded to check if power was restored. It wasn’t and I didn’t receive a refund until a week later. Although in the past, I have successfully used the system a few times, the unreliability of the […]
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Governor of Lagos state, Mr Babajide Sanwo-Olu, has unveiled the Eko Innovation Centre, a tech hub that is private sector-driven. The initiative was developed to strategically increase entrepreneurial and technological capacity across the state. Speaking during the launch of the centre located at Ikoyi, Sanwo-Olu, who would be sworn in today as Governor of Lagos […]
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When a customer scrolls through the options on a ride-hailing app in Lagos, Africa’s largest city, cars are no longer the only things that show up. Over the past 18 months, motorcycle-hailing startups have become players in the city’s tech ecosystem, all competing for traction and market share in a city beset with some of […]
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NIGERIA has recorded an 11 percent increase in internet subscriptions over the past year to 113, 9 million users. The figure indicates a density of 61 percent in a population estimated at 185 million, placing Nigeria well above the African average of around 16 percent, according to McKinsey, the management consulting firm. Statistics released by the Nigeria […]
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TechCabal is pleased to introduce its first paid report, The State of Health Tech in Nigeria. This deeply researched report examines general health indicators and challenges in Nigeria, and then dives into the health tech industry, profiling the innovative startups working to find technology solutions to Nigeria’s health-related problems. The report profiles 75 active and […]
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African tech startups raised $1.163B in 2018 according to Partech Africa’s 2018 annual report on the financing on the continent confirming the attractiveness of African entrepreneurs and their ability to transform the continent into a global powerhouse. The report covers equity deals in tech and digital spaces, and funding rounds higher than US$200K and lower […]
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Lagos-based on-demand motorcycle taxi app Gokada has celebrated its first birthday with the launch of its new office in Ilupeju, which will house a state-of-the-art driver training school to train and verify up to 500 riders at a time. Gokada customers can order a motorbike ride through the company’s website, or by using its geo-location -based […]
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Alex Kipman, a Microsoft Technical Fellow and the co-creator of HoloLens, announced on Twitter Microsoft is opening an engineering office in Lagos, Nigeria. The Cognition Africa engineering team is looking for a software engineer to assist with the building of Mixed Reality Cloud Services that bring those technologies to a wider range of devices. For […]
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Five promising start-ups from across Africa have been chosen as regional winners in MEST Africa’s annual Pan-African pitch competition, moving one step closer to winning $50,000 in equity investment, a place in the MEST Africa incubator of their choice and global mentorship to help their company scale. Winners will pitch on a global stage in […]
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