Two big funding news out of Africa today; the bitcoin startup, BitX has secured $4million dollars in a Series A funding round led by Naspers. In similar development, Nigeria-based mobile payments company, Simplepay has also been juiced up with new funding from Nigeria’s Bank of Industry.
These and more made the rounds today:
BitX Gets $4 million in Series A Funding
Bitcoin startup, BitX has secured $4million Series A funding round led by South Africa-based Naspers.
SimplePay Receives Funding from Nigeria’s BOI
Lagos-based Payments startup, SimplePay has raised new funding from Nigeria’s Bank of Industry in deal that will see the CEO of BOI, Olaoluwa Rasheed join the company’s board.
DEMO Africa announces List of Finalist for its September Event
DEMO Africa has announces the names of 30 African startups that will pitch at DEMO Africa 2015 event in Lagos this September.
Inmarsat and AP-Swiss will give A $50,000 Grant to the best Space startup at the Seedstars Global Pitch
Inmarsat and AP-Swiss have partnered with Seedstars World to award a $50,000 to the best space related startup at the ongoing Seedstars World Pitch tour.
HiiL announces $70,000 SME Innovation Challenge
Netherland-based advisory and research board, HiiL Innovating justice is accepting entries for the small and medium enterprises (SMEs) Empowerment Innovation Challenge in East and West Africa.
Safaricom and @iBizAfrica announce Appwiz Challenge for Kenya Startups
Kenya-based telco, Safaricom in partnership with startup incubator, @iBizAfrica has announced the third edition of its three month Appwiz Challenge for startups in Kenya.
MTN Cameroon Announces Incubation program for Startups
MTN Cameroon in partnership with startup incubator, ActivSpaces has announced that it will launch an innovation challenge for Cameroonian startups.
ABAN announces its Angel Investors Bootcamp Series
Pan-African non-profit and angel investing group, ABAN has has confirmed the dates for its angel investor boot camp series holding in Nairobi and Cape Town.
How One Man Overthrew the Admins of Nigeria’s Largest Foodie Community
The administrators of the Facebook group, So You Think You Can Cook had a rude awakening when they were kicked off the platform.
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Exclusive Interview: Facebook Hijacking, Franklin Awodiya Explains Why He did it
Franklin Awodiya speaks on why he kicked out other administrators of the Facebook group, So You Think You Can Cook.
Elsewhere on the web:
NTSA to Re-introduce Cashless Fare System
The National Transport and Safety Authority is planning to to re-introduce the cashless fare system within Nairobi after several attempts to make it mandatory failed resoundingly.
