ecosystem

Parallel Wireless, an eight-year-old startup, has developed a new way to help African telecom companies reduce the cost of developing broadband infrastructure.

Stears, the Nigerian media company that operates Stears Business, has raised $600,000 seed round funding to grow its team and information products.

Kasha, an East African e-commerce platform focused on women’s healthcare and beauty products has raised US$1 million to expand their reach in Rwanda and Kenya as well as into other countries in the region. The funding came from the Finnish Fund for Industrial Cooperation Ltd. (Finnfund), a Finnish development financier and professional impact investor with […]

Global markets are in turmoil. And technology startups in emerging markets will feel the brunt of the crisis that will ensue during and when the pandemic blows over.  According to a Stears Business report, simultaneous demand and supply shock stemming from the closure of whole countries and their industries especially in global economic powerhouses like […]

In President Buhari’s lockdown announcement, the exemption status of logistics companies is unclear. This is causing confusion for logistics operators in the country.

A week ago, LifeBank announced it was aggregating a national register of ventilators, respirators and ICU beds in Nigeria. As at that time, having reached 200 hospitals, Founder Temie Giwa-Tubosun said they had found 126 units, possibly comprising all three equipment categories. Two days ago, after contacting more than 700 hospitals and reaching 500 of […]