ARM Labs Lagos Techstars, a startup accelerator program, has shut down after two years of operation in Nigeria. The program was launched in December 2022 in partnership with ARM Labs and had… Read More
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TekScoops is a tech media publication brand. Our mission is to amplify the voices of African businesses, startups, entrepreneurs, and creatives, bringing their stories to the forefront of global conversations.
Janngo Capital, an African venture capital firm, has secured €73 million ($78 million) in its second funding round, exceeding its initial target of €60 mi… Read More
Moroccan logistics startup Colis.ma has secured $300,000 in pre-seed funding. The investment came from Witamax, a private-backed venture capital firm, and is aimed at helping the company exp… Read More
BasiGo, a leading provider of electric bus solutions in sub-Saharan Africa, has secured $42 million in new capital. This funding round consists of $24 million in Series A equity funding and… Read More
Nigerian e-commerce startup OmniRetail has acquired Traction Apps, a fintech company, for an undisclosed fee. This acquisition will enhance financial services and trade solutions for small a… Read More
Yellow Card, a crypto platform operating across Africa, has raised $33 million in Series C funding. This latest investment was led by Blockchain Capital, along with support from notable inve… Read More
TekScoops is excited to announce a new partnership with Spur Nation Media, a Nigerian based media company that provides public relations and advertising services to startups in Africa. This… Read More
Lendsqr, a Nigerian fintech startup, has launched an on-lending initiative to provide capital to lenders, enabling them to extend credit to their customers. This initiative offers a capital… Read More
Waribei, a fast-growing Ivorian fintech startup, has raised €750,000 (approximately $820,462) in pre-seed funding to advance its inventory financing solution for small trad… Read More
AfricInvest, a pan-African investment platform, has successfully closed its Transform Health Fund (THF) at $111 million, surpassing its initial target. This fund aims to boost innovative hea… Read More
TUNL, a South African shipping platform, has raised new funding to help small and medium businesses (SMEs) with marketing. The seed funding was led by E4E Africa, with other investors like J… Read More
Equator Africa, a venture capital firm, has secured an additional $5 million from the International Finance Corporation (IFC) to support businesses in Africa’s climate sec… Read More
Scale, a South African fintech startup, has raised $700,000 in pre-seed funding to support its expansion into Kenya, Zambia, and Côte d’Ivoire… Read More
Definitions of Software Reliability
Software Reliability refers to the ability of software to consistently perform its required functions under specified conditions without fa… Read More
SoftBank Group Corp. is set to invest $500 million in OpenAI, a leading artificial intelligence company. This move is part of OpenAI’s effort to raise $6.5 billion from va… Read More
The fast-paced development cycles that define modern software production have pushed the boundaries of what traditional IT operations can achieve. Developers and operations teams now need to… Read More
Small and medium-sized enterprises (SMEs) play a pivotal role in Kenya’s economy, driving innovation, job creation, and economic growth. However, access to financial resou… Read More
Zeno, an electric mobility startup founded by Michael Spencer, has secured $9.5 million in seed funding to drive its mission of improving transportation in East Africa. Led by Lowercarbon Ca… Read More
Business Is war. You go to war to win market share, to compete, to steal customers from your competitors, to take their profits and to win. From the Cola War between Coca-Cola and PepsiCo to… Read More
Uganda’s Agent Banking Company (ABC) has secured a significant investment from Goodwell Investments, a Netherlands-based impact investor. This investment marks Goodwell&ac… Read More
Foodpreneurs Hub, a Nigerian foodtech startup, has secured $500,000 in pre-seed funding to tackle food insecurity across Africa. This funding will help bridge the gap between food production… Read More
ST DIGITAL, a leading African cloud service provider has announced its expansion into the Democratic Republic of Congo (DRC) by partnering with OADC Texaf – first Tier III… Read More
Regfyl, a Nigerian startup, has raised $1.1 million in pre-seed funding for digital identity verification and fraud detection tools. The funds will strengthen their sales, engineering, and c… Read More
TymeBank, a neobank based in South Africa, has secured $9 million (R169 million)in funding from African Rainbow Capital (ARC). This investment is part of TymeBank’s strate… Read More
Kopo Kopo, a Kenyan fintech startup known for providing short-term business loans, has appointed Dennis Ondeng as its new CEO. This leadership change comes amid ongoing acquisition talks wit… Read More
PalmPay, a leading financial service provider in Nigeria has launched a new USSD service designed to enhance financial access and improve account security for its users aiming to cater to in… Read More
Ivory Coast-based social commerce startup Tuzzo Africa has secured $831,000 (€750,000) in pre-seed funding to expand its operations. This funding round features a €250,000 cash inv… Read More
Chipper Cash, a leading cross-border payment FinTech, has solidified its position in Ghana’s financial market by securing a broker-dealer license from the Securities and Exchange Commi… Read More
Talk360 is a leading South African and Dutch calling app that enables affordable international calls, has raised a $1.4 million (27 million Rand) in pre-series A funding. The round was led b… Read More
Flutterwave, Africa’s leading payment technology company, has announced the launch of its remittance product, Send App by Flutterwave, in Malawi Last year, on November 9, 2023, Fl… Read More
Entlaq Holding, an Egyptian company supporting entrepreneurs, has acquired a stake in Brotinni, a local foodtech company, for an undisclosed value. This strategic investment aims to foster i… Read More
Field Intelligence, a prominent African Healthtech startup, has secured an $11 million grant from the Bill & Melinda Gates Foundation. This funding will support an innovative project foc… Read More
Apple Inc Unveils iPhone 16 Pro, Pro Max, with AI-Focused Design and New Physical Camera Button.
Apple has unveiled the iPhone 16 and iPhone 16 Plus, both crafted with Apple Intelligence… Read More
Cercli (YC S23), a payroll startup, has secured $4 million in seed funding to address payroll management challenges in the Middle East and North Africa – MENA region, which they addres… Read More
Chpter, a Kenyan based innovative AI-powered social commerce platform has successfully raised $1.2 million in Pre-Seed funding, marking a major milestone in its mission to revolutionize how… Read More
In today’s digital age, businesses often focus heavily on front-end technology—websites, apps, and customer-facing platforms—to attract and engage customers. However, the t… Read More
Having an innovative idea does not automatically translate to the success of a startup. A startup’s success or failure is dependent on quite a lot of factors.
First time found… Read More
Abu Dhabi Commercial Bank (ADCB) Egypt has entered into a strategic partnership with PaySupp, a fintech company, to provide innovative supply chain financing solutions for corporate vendors… Read More
Business Is war. You go to war to win market share, to compete, to steal customers from your competitors, to take their profits and to win. From the Cola War between Coca-Cola and PepsiCo to… Read More
Kenyan startup Workpay has successfully raised $5 million in a Series A funding round, led by the pan-African venture capital firm Norrsken22, with participation from Visa. This latest injec… Read More
Flutterwave, a leading payments technology company in Africa, continues to broaden its services by introducing significant development for its Nigerian merchants by enabling them to accept p… Read More
Have you ever searched for “Best loan apps in Uganda”? If you answered “yes”, then look no further because this article will answer your search query.
Loan apps ar… Read More
The demand for solar photovoltaic (PV) in Kenya has surged over the past decade, with global needs projected to hit 125.2 gigawatts in 2024, according to a recent report by Statista.
As t… Read More
Mobius Motors Kenya, a struggling automaker founded in 2011, who had earlier announced their plans to liquidate the company has found a last-minute lifeline. On August 14, 2024, the company… Read More
Mobius Motors had a dream to build cars in Kenya, for Kenyans. They had the vision, they got the funding, then it all fell apart.
Founded in 2009 and incorporated in Kenya in 2010… Read More
Boost Up is a three-part startup support programme organized by the Southern Africa Innovation Collective (SAIC) in Botswana, Namibia, South Africa, Tanzania and Zambia.
The programme tar… Read More
This guide provides the steps to check your WAEC result via website, mobile app, SMS, and serial number.
The West African Examination Council (WAEC) has officially released the results fo… Read More
About 90% of startups fail, and 10% of startups fail within the first year of operation. These startups fail due to many reasons. Getting professional mentoring and access to a nurturing env… Read More
MTN Group has completed the sale of its West African subsidiary, Spacetel Guinea-Bissau, to Telecel Group Mobile Limited after receiving all necessary regulatory approvals.
In March 202… Read More
Investing in pre-seed stage startups in Africa presents unique opportunities and challenges. With Africa experiencing rapid technological growth and an increasing number of innovative entrep… Read More