Endeavor Nigeria

Daystar Power joins Flutterwave, Paga as Endeavor Nigeria companies

Renewable Energy, Uncategorized

14th February 2020

Christian Wessels and Jasper Graf von Hardenberg, the co-founders of Nigerian renewable energy startup Daystar Power, have joined Endeavor Nigeria’s network of entrepreneurs. This comes after Daystar secured $4 million in debt financing from SunFunder, a solar energy-focused investor, to scale its energy provision services. Founded in 2017 and based in Lagos, Daystar Power provides […]

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How Endeavor Nigeria is trying to help high-impact entrepreneurs scale

Venture Capital

Alexander O. Onukwue

13th February 2020

At the Endeavor Nigeria annual gathering in January, Halima Aliko Dangote walks in with her father who is introduced to a group of Flutterwave volunteers from MIT Sloan. Doing the honours is Bolaji Balogun, a 90’s veteran of First City Monument Bank, and CEO of Chapel Hill Denham, a Lagos-based investment consultancy. The Dangotes’ arrival […]

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Stock crashes, losses and a profitability path: a dive into Jumia’s Q4 2019 report

Uncategorized

Abubakar Idris

26th February 2020

In late 2019, Jumia started a sort of reorganisation. It shut down ecommerce operations in three countries and spun off operational roles in Jumia Travel. So Q4 2019 report should capture the company’s growth and path to profitability.

With okada gone, will carpooling startups make a comeback in Lagos?

Features

Olumuyiwa Olowogboyega

25th February 2020

While carpooling is an established commuting habit in many cities, digitizing and scaling it has proven difficult.
Will a ban on okadas in Lagos give carpooling services another chance at success?

Artificial Intelligence: how are the smartest African companies using it?

Developers, ecosystem, Gadgets, Mobile, News

Abubakar Idris

24th February 2020

Artificial intelligence(AI) is one of the most trendy topics in the global tech scene today. AI combines data and algorithms to make decisions and solve problems. In terms of aspiration, AI is supposed to model the human brain and how we think, feel and approach issues.

Is the coast clear for Lagos’ bus-hailing startups?

Features, Logistics & Transport

Kay Ugwuede

24th February 2020

Transport in Lagos is big business. With its 21 million people always crisscrossing for work and play, every vehicle that carries Lagosians from point A to point B is potentially a money spinning venture both for the business owner and the state. With its consortium of transport mediums—buses, private cars, kekes, taxis, motorcycles, skating boots, […]

Is Africa the next frontier for emerging technologies?

ecosystem, startups

Kay Ugwuede

21st February 2020

For every bad rep the African continent gets in terms of its politics, infrastructure shortcomings and poor socioeconomic systems, its technology industry gets a double dose of the opposite. From a gamut of technology startups innovating for some of the continent’s dire infrastructure challenges to a constantly growing community of hubs and enabling programmes, even […]

How businesses and governments should embrace AI and Machine Learning

Technology

Alexander O. Onukwue

21st February 2020

The ability to make good decisions is literally the reason people trust you with responsibilities. Whether you work for a government or lead a team at a private company, your decision-making process will affect lives in very real ways. Organisations often make poor decisions because they fail to learn from the past. Wherever a data-collection […]

Nigerian non-profit accelerator, DevCareer gets $6,000 boost from Jack Dorsey to train developers

Features

Olumuyiwa Olowogboyega

20th February 2020

DevCareer, a nonprofit tech company supporting the rising tech ecosystem in Africa has raised $20,000, with a $6,439 donation from Twitter’s Jack Dorsey.

Artificial Intelligence: the urgency for Africa

African Tech Roundup

Alexander O. Onukwue

20th February 2020

With more than 2000 spoken languages, Africa’s linguistic diversity is second only to Asia. A third of the world’s languages is spoken by the 1.2 billion people living within her 54 countries. But the language of artificial intelligence is yet to gain fluency. It has become hackneyed to weave AI into every conversation about technology […]