Social media giant, Twitter is setting up its first African office and it will be in Ghana. The announcement was made through a tweet by Twitter CEO Jack Dorsey where he thanked the president of Ghana Nana Akufo-Addo. The tweet also included a link to a post on Twitter’s official blog written by Kayvon Beykpour, […]

The directive of the Nigerian Securities and Exchange Commission (SEC) issued on the 8th of April, 2021 has been met with consternation and a straightforward (but hopefully simplistic) interpretation that the government is out to stifle innovators – again. These perspectives aren’t unfounded, as innovators of all shades have taken a heavy beating lately due […]

Last week, Ampersand, Africa’s first electric motorcycle company, secured a $3.5 million investment from the Ecosystem Integrity Fund (EIF). This is the largest ever e-mobility investment by a venture capital fund in Sub-Saharan Africa and could hint at a turning point in African electric transport. Based in Kigali, Rwanda, Ampersand assembles and finances electric motorcycles […]

Press Room, is Nigeria leading world-class financial technology website powered by Zabira Technologies ( on Monday, formally changed its name in a product launch organized by the company to This is coming nearly eight months after its one-year anniversary accomplishment as the leading digital asset in Nigeria.  Isaac John, Founder, and CEO of while […]

Partner, Press Room
9th April 2021

Launched in 2020, VBank owned by VFD Microfinance Bank is widely regarded as one of the fastest growing digital banking platforms in the fintech industry redefining the experience of banking and financial services provision. In the space of a year, the app has become the choice with almost 300,000 users who have testified to being […]

With the emergence of technological and its contributions to ease of doing business, a myriad of investments across sectors have taken the charge to leverage technological offerings to advance their businesses. Nigeria ranks very high among the list of nations where entrepreneurs and established businesses are powering their trade with the use of technology. While […]

Over the last decade, we have witnessed significant growth in how we consume content. About 10 to 15 years ago, cable TV was a major source of content for most people worldwide, but today, cable TV is losing relevance at a geometric rate.  It is obvious why this is the case, cord-cutting options have become […]

Africa is home to the fastest-growing population globally, with numbers expected to rise by nearly 50% over the next 14 years, growing from 1.2 billion people today to over 1.8 billion in 2035.  As the population increase outpaces economic growth, much of Africa’s youth, who account for most of the population, are moving into urban […]


Appzone, a Nigeria-based company that builds technology for banks, has raised $10m in a Series A round. The funding was led by CardinalStone, an investment banking firm in Nigeria. V8 Capital, Lateral Investment Partners, Constant Capital, and Itanna Capital Ventures also participated, the company said. Appzone was founded in 2008 by current CEO Obi Emetarom […]

Copy of The New wave cover fintech egypt

Next Wave: Cairo’s calling Nigeria’s SEC strikes APRIL 11, 2021 This newsletter is a weekly in-depth analysis of tech and innovation in Africa that will serve as a post-pandemic guide. Subscribe here to get it directly in your inbox every Sunday at 3 pm WAT Hello, The best African tech news from the past week […]

HMD Global, makers of Nokia phones, have announced six new Nokia Android phones in a live stream. Florian Seiche, CEO of HMD Global, began the event by addressing the brand’s new identity. Why would you buy a Nokia phone? “Our fans are clearly telling us that there are three main reasons. They love it, trust […]


In August 2020, Egyptian fintech Paymob announced that it raised $3.5 million to improve its capacity and acquire more merchants to use its payments services. That mission has now received additional funding, bringing the startup to a formal Series A close of $18.5 million. The round was led by Global Ventures, a venture capital firm […]

Last month Gokada announced Nikhil Goel as its new CEO. He’s been responsible for leading the Nigeria-based last-mile delivery, logistics and transportation start-up since Gokada tragically lost its founder, Fahim Saleh, in July 2020.  According to Gokada, Goel has helped the company increase its revenue by 10X and grow its delivery order volume by 100X, […]

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