01 June 2022
- About a week ago the mainstream media reported of a case where a senior police officer lost more than Kshs 597 thousand to a fraudster. Although the nitty gritty details...
The post Do not become a fraudster victim, whitelist yourself against SIM Swap…
01 June 2022
- Copenhagen-based Legal Desk, a startup that aims to be the leading provider of legal documents for businesses and consumers, announced that it has raised $3.3M (approximately €3M) in a Series A round of funding. The round saw participation from a group…
01 June 2022
- Nigerian digital banking startup Grey has announced the expansion of its service to East Africa, starting with Kenya, in partnership with fintech company Cellulant. Launched in 2021 by Idorenyin Obong and Femi Aghedo, who wanted to help Nigerians…
01 June 2022
- Aiming to tap into what it calls a ‘second wave gig economy’, the Utrecht-based startup that connects those with a camera to visitors at over a million identified public locations and attractions, Smiler has raised $8 million in a seed round. The…
01 June 2022
- Seven months after a $14 million seed round, Berlin-based B2B BNPL player Mondu has announced a $43 million Series A round raise led by Valar Ventures. The capital will be used to further scale Mondu’s product offer and hone in on customer…
01 June 2022
- Madrid-based Komon announced that it has closed a $2 million pre-seed round ahead of the launch of its NFT-accessed online creative platform. Komon will allow fans to purchase an NFT to gain access to an exclusive online community for different…
01 June 2022
- China has successfully developed the world’s first autonomous drone carriers as it looks to expand its maritime influence through the use of AI. The vessel, which can be operated both remotely and autonomously, can carry dozens of unmanned vehicles,…
01 June 2022
- Direct-to-consumer (D2C) beauty and personal care brand Sugar Cosmetics has raised $50 million led by L Catterton with participation from existing investors A91 Partners, Elevation Capital, and India Quotient. Sugar raised $21 million in February 2021…
01 June 2022
- NAMIBIAN logistics and distribution start-up, Jabu Logistics, has raised another N$235 million (US$15 million), a celebrated win for the company which has grown exponentially in just one year of operations. The funds were raised from international…
01 June 2022
- Alternative data insights start-up, Synaptic on Monday said it has closed a $20 million Series B funding round led by Valor Equity Partners which it will use to continue investing in product innovations, double down on its data science capabilities,…
01 June 2022
- Moroccan logistics and digital freight startup CloudFret has raised US$1 million in funding to help it expand further in African and European markets. Founded by Driss Jabar in 2021, CloudFret is a transport and logistics company that connects truck…
01 June 2022
- Indian startup Lumos Labs has announced the launch of a metaverse platform for developers to learn, earn, and explore opportunities after raising over $1.1 million in funding led by Web3.0 venture fund Delta Blockchain Fund. The round also saw…
01 June 2022
- Greece and Saudi Arabia agreed on Tuesday on the main terms to set up a joint venture to lay a fibre optic data cable that will link Europe with Asia, Greek sources said on Tuesday. The “East to Med data Corridor”, an undersea and land data cable, will…
01 June 2022
- Greece and Saudi Arabia agreed on Tuesday on the main terms to set up a joint venture to lay a fibre optic data cable that will link Europe with Asia, Greek sources said on Tuesday. The “East to Med data Corridor”, an undersea and land data cable, will…
01 June 2022
- The Nigerian Exchange Limited has announced the approval of the appointment of Mazen Mroue As MTN's Non-Executive Director.
01 June 2022
- In a recent announcement, Orange Egypt has disclosed that they have decided "AmanLeek" to be the winner of the Fintech Startup Seed Challenge 2022.
01 June 2022
- A latest study by Cisco pertaining to the global hybrid work has revealed that South African employees prefer the hybrid working model.
01 June 2022
- There are several types of digital marketing programs that help a business thrive. So far, out of the many options, only two types stand out, namely referral marketing and affiliate marketing. Both can be confused,...
01 June 2022
- Kenyan digital pharmacy network Maisha Meds has reached 1,000 active facilities, making it one of the largest digital pharmacy networks in sub-Saharan Africa. Maisha Meds was founded in 2017 to provide business management software and reimbursement…
01 June 2022
- The GoGettaz Agripreneur Prize is inviting African agri-tech startups to apply and stand a chance to win US$50,000 in cash each. The competition seeks two winners, one man and one woman, who demonstrate creative technology, innovation and passion to…
01 June 2022
- Nigerian fintech startup Sproutly is a virtual banking app for children under the age of 17, providing digital savings products and a debit card with built-in parental control. Founded in June 2021 by Pierre Nwoke, Maxwell Agu and Prince Akachi,…
01 June 2022
- Egypt-born ride-hailing company Swvl is laying off 32% of its entire workforce.
The company is also reducing its overhead costs and taking voluntary salary deductions from top management.
Read more in #TCDaily.
01 June 2022
- Supply chain inefficiencies in the retail sector continue to affect how traders do business. Logistics, storage and the ever-changing consumer demands are just some of the challenges retailers have to cope with. To stay afloat in business they are…
01 June 2022
- India’s PC shipments (desktops, notebooks, and tablets) surged by 48% in Q1 2022 to a record 5.8 million units, beating the previous record of 5.3 million in Q3 2021, according to data from Canalys. Despite continuous pressure on the global supply…
01 June 2022
- The Latin American smartphone market remained resilient in Q1 2022, after a strong performance in 2021, although shipments fell slightly by 3% year-on-year to 31 million, according to data from Canalys.Samsung maintained its market leadership position…
01 June 2022
- Nutrifresh, an agritech startup firm based in India has raised $5 million in its new funding round to scale its operations in making chemical-free produce generated hydroponically. The funds will be used to expand its operations, improve traceability…
31 May 2022
- Finclusion Group,a South African fintech startup, has secured undisclosed funding from Cairo Angels Syndicate Fund (CASF), a micro venture capital fund that invests in early-stage startups in the Middle East and Africa. Finclusion will use this…
31 May 2022
- Attero Recycling, an India-based waste management provider, is planning to invest $1 billion to set up lithium-ion recycling facilities in Europe, the US, and Indonesia by 2027.The company aims to reduce the production of toxic materials used to power…
31 May 2022
- StrideOne, a fintech lending platform based in India has secured $32 million in its new funding round led by Elevar Equity. The funds will be used to build out its products to facilitate credit and non-credit needs for startups and MSMEs. StrideOne is a…
31 May 2022
- Swvl, the mass transit and shared mobility provider is cutting off its workforce by a third. According to Chief Financial Officer (CFO) Youssef Salem, while speaking to Bloomberg, the lay off will affect 400 people. The move according to Swvl is part of…
31 May 2022
- In addition, Swvl has taken other measures such as the voluntary salary deductions from the top management team; reduction of current office spaces; freezing its current hiring program, as well as travel and accommodation expenses.
31 May 2022
- The Nokia T20 tablet was the first tablet from HMD Global to launch in Kenya. This tablet is currently available locally starting from Ksh 25,500 on Jumia and other retailers across the country. This is...
31 May 2022
- Betastore, a Nigeria-based consumer goods marketplace has raised $2.5 million in its pre-series A funding from 500 Global, VestedWorld, and Loyal VC.The funds will be used to expand the firm's services to Ghana, the Democratic Republic of Congo, and…
31 May 2022
- Monetisation has been one of the biggest struggles for most content creators especially here in Africa. Social media influencers for example have always lamented that despite their large numbers of followers, it is somewhat challenging to drive any…
31 May 2022
- In this explainer, we break down terms like AR, MR, VR and XR while giving realistic and relatable examples so you too can have something—other than money—to throw around.🌚
31 May 2022
- Facebook has been having a really tough time this past few years with increasing scrutiny and new privacy regulations across the globe. The social media giant is now failing to keep up and comply with user data privacy and security regulations in…
31 May 2022
- A report published by Israeli cybersecurity company CHEQ, on Monday, May 30 indicates that 12% of all traffic originating from Twitter is made up of bots. The cyber security firm said it analyzed 5.21 million website visits originating from Twitter…
31 May 2022
- SIM swapping is a thing and it allows scammers to use your mobile number to take over your financial accounts. Fraudsters have been registering an existing mobile number on a new SIM card purchased from a local shop, claiming to be the original owners…
31 May 2022
- The GoGettaz Agripreneur Prize, which aims to find Africa’s brightest young agri-food entrepreneurs and will award US$50,000 in cash to each of two winners, is now accepting applications from African agri-tech startups.The GoGettaz Agripreneur Prize…
31 May 2022
- After recording significant success in the PC segment, Asus is now turning its focus to Europe, the Middle East and Africa (EMEA) region to tap from the growing commercial segment. During the Commercial Business Summit held in Istanbul, Turkey, Asus…
31 May 2022
- Over the last couple of weeks, there have been overwhelming reports of Kenyans getting their SIM cards illegally swapped, leading to the loss of data and money from their mobile wallets. Local telcos have not yet revealed official data of how many…
31 May 2022
- Cryptocurrencies are here to stay and, as time goes by, names such as Bitcoin, Litecoin or Ripple become more familiar to us. The entertainment industry is no stranger to this global phenomenon and that is why it is gradually taking advantage of its…
31 May 2022
- Maisha Meds, a Kenyan-based digital pharmacy network which provides a business management software and reimbursement programs for pharmacies, drug shops and clinics, and patient support via its point-of-sale pharmacy app, has reached 1,000 active…
31 May 2022
- Shopstar, a local e-commerce platform, has secured third-round funding from Launch Africa Ventures, signaling the start of the next phase of its growth strategy. The Proudly South African, cloud-based, e-commerce platform, helps local entrepreneurs to…
31 May 2022
- Land Rover debuts their largest Defender yet, the 130, an eight seater with the usual off-road prowess expected from the brand. At 13.38 inches larger than the standard 4 seater, the new Defender 130 is the longest in the series history. It will be sold…
31 May 2022
- On Android, you can crop videos using a variety of apps. Google Photos and the stock Gallery app on Samsung Galaxy devices are the two that will work best for the majority of people. We’ll go over them both. Cropping Videos in Google Photos Your Android…
31 May 2022
- Over the last couple of days, you have probably heard a lot about SIM Swap fraud. This has been one of the trending topics on social media and for good reason. One Twitter user says...
31 May 2022
- These games to play without anything are entertaining small games that you may play at home or anyplace with your family or friends.
31 May 2022
- When you delete a folder, Gmail deletes the folder but keeps all of the emails that were in it. You cannot restore a deleted folder, but you can create a new folder from scratch if you wish. If you want to delete all of your emails in that folder before…
31 May 2022
- When you delete a folder, Gmail deletes the folder but keeps all of the emails that were in it. You cannot restore a deleted folder, but you can create a new folder from scratch if you wish. If you want to delete all of your emails in that folder before…