Tuesday News Roundup: Nigeria’s Hotels.ng And Its Big Figures


Here are the news making the rounds on the African tech space:

Nigeria’s Hotels.ng has raised $1.2 million series A

In what will likely be one of the most-talked-about African startup funding events of 2015, Hotels.ng has secured $1.2 million from international investors Omidyar Network and EchoVC.

Hotels.ng could now be worth up to $4 million

Based on some decent back-of-the-envelope math, Hotels.ng is now worth at least $3.75 million.

GTB partners Etisalat on GTeasysavers

GTB is allowing Etisalat subscribers use the USSD code, *737*0# to open bank accounts. The account is legit for deposit, withdrawal, transfers and airtime purchase.

South African MTN e-billing portal is on hold

South African telecom, MTN, has temporarily shuttered its e-billing portal after a security breach that is making customers’ payment information vulnerable.

Locomute will begin its car-hiring service next month

Locomute, a car-sharing company based in South Africa will begin operations, June 1, 2015. It will list 26 vehicles at its launching.

Microsoft enables low-cost internet access in Nanyuki, Kenya
Microsoft has rolled out a project to allow people leaving within Nanyuki, a market town in Kenya’s Laikipia county, access low-cost wireless internet service.

The city of Joburg is currently training 1000 young techies

The city of Johannesburg is currently training 1000 young IT enthusiasts in the City of Johannesburg Educate Digital Interns programme (COJEDI).

Featured on TechCabal:

Sharing is caring, expect in Africa’s startup ecosystem

While the internet has broken mindsets around “me” and “mine”, replacing it with collaboration and crowdfunding, we are still stuck in our protective ways.

Ex-rocket Nigeria execs, where are they now?

There are talents who have managed Rocket businesses but have since exited to create personal ventures. Here are a couple of them.

Elsewhere on the web:

The secret deal on broadband spectrum in Nigeria

President Goodluck Jonathan has “secretly” awarded the highly lucrative “digital dividend” frequency spectrum to Mike Adenuga’s Globacom and Jim Ovia’s Visafone, according to Technology Times.

Android M is coming, what do you think it will be called this time?

Later this week at its I/O 2015 developer conference, Google is expected to announce Android M. We don’t know yet know what version number it will have (likely either Android 5.2 or Android 6.0) or what the M will stand for.

Image credit: Image via: exaqueo