Author Archives: Staff Writer


Uber Lagos Invites Entrepreneurs To Pitch Their ideas To Investors On A Ride #UberPitch

Uber Lagos Invites Entrepreneurs To Pitch Their ideas To Investors On A Ride #UberPitch

Uber Lagos is looking for entrepreneurs with strong ideas to pitch to investors during a 15-minute ride in three cities in Lagos — Victoria Island, Lekki and Yaba — tomorrow, July 28, in partnership with Seedstars. The cab-hailing company says the ride, between 11am and 3 pm, which would offer entrepreneurs the opportunity to get


440 Wants To Fund Startups in Less Than 24 Hours at Deal Weekend Lagos 2015

Tech startup investment fund, 440, a Joint Venture between Nigeria’s L5Lab and and Kenya’s 88mph has launched Deal Weekend Lagos, a 24-hour event where startups will compete to receive equity-based investment of between $100k and $250k. Back in 2014 when it launched an accelerator programme, 9 startups who spent three months working with the 440


Gearbox plans to launch a ‘GE Garages’ manufacturing program in Kenya

Gearbox, a non-profit, open platform for hardware innovation based in Kenya is planning to launch a GE Garages manufacturing program to help build a skilled workforce and drive entrepreneurial development within the region. The program, which aims to develop a manufacturing ecosystem and contribute to bridging the technical skills gap in Kenya, will work with


DEMO Africa unveils 30 tech start-ups to pitch in Lagos

DEMO Africa today released a list of 30 technology start-ups from across Africa that will pitch their products at its 2015 edition to be held in Lagos, Nigeria in late September. The list features eight Nigerian startups, including Mavis Computel, Oga Venue, TalkingBookz, CarpartsNigeria, Zuvaa, SmartEdu, PoshRite, iKon Tracker as well as eight Kenyan startups

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MTN Holds Forum To Inspire Business Growth in Africa

MTN Business, a part of MTN Nigeria recently hosted a forum in conjunction with CNN to discuss about the future of African businesses. The forum which held at the Wheat Baker Hotel, Lagos featured seasoned panelists and discussants in the Nigerian technology and business industry including Political Economy and Management Expert, Prof. Pat Utomi, CEO,


W.TEC Is Now Accepting Applications To Its 2015 Girls Technology Camp

Women’s Technology Empowerment Centre (W.TEC), a non-governmental organisation working to empower girls and women socially and economically, using ICTs in Nigeria has began accepting applications for its 2015 Girls Technology Camp. This year’s tech camp, themed: ”Geeky Divas – Grooming ICTpreneurs”, which takes place from August 2 – 15, 2015 would help Nigerian girls develop an


With 120 Million Facebook Users in Africa, Facebook Officially Opens For Business

Facebook has opened its first office in Africa to further the company’s commitment to help businesses connect with people and grow locally and regionally, according to a company statement made available to TechLoy. The company’s Africa approach will see it partnering with governments, telecom operators, agencies and other stakeholders to deliver localised solutions to advertisers


Andela Closes $10 Million “Series A” Funding Round Led By Spark Capital

Andela, an Africa-focused technology talent accelerator that trains software developers and matches them with global employers, has closed a Series A funding round, believed to be over $10 million, according to a TechCrunch report. The latest funding round, led by Spark Capital, the $2 billion fund headquartered in Boston that counts Twitter, Oculus, and Tumblr


Nigerian-born scientist wins prestigious award for cancer-seeing glasses

Nigerian-born scientist, Samuel Achilefu, has been awarded the prestigious 2014 Louis Award for creating cancer-seeing glasses, according to several media reports. A professor of radiology and biomedical engineering, Dr. Achilefu and his team developed the imaging technology in cancer diagnosis into a wearable night vision-like goggles so surgeons could see the cancer cells while operating.


This Infographic Tells All You Need To Know About South Africa’s Startup Landscape

Recently, South African-based tech site, Ventureburn partnered with First National Bank (FNB), investment advisory firm, Clifftop Colony and analytics company, Qurio in a Startup Survey that polled about 200 tech startups, in order to learn insights about South Africa’s startup industry. By tech startup, they mean a company with annual revenues below R20-million, and staff numbers


Meet The 4 Startups That Pitched At iDEA’s First Demo Day in Lagos

Last Saturday, four startups pitched in front of venture capitalists, angel investors and the media at iDEA’s very first Demo Day held at its Yaba-based Lagos centre. The four startups — Afrobus, Hutbay, Nerve and Verge — had gone through iDEA’s 4-month accelerator programme consisting of 3 modules (Design, Build, Pitch), designed to help startups launch and


Diamond Bank’s BET Programme Is Offering N3 Million Grants To ICT Businesses

Diamond Bank’s Building Entrepreneurs Today (BET) programme, an annual capacity building and business education project aimed at generating interest in entrepreneurship has began accepting applications for its fourth season. Launched in 2010, the programme is designed to train 50 budding entrepreneurs over a period of six months after which the top five entrepreneurs are awarded


MTN Is Partnering With CNN To Grow SMEs Through #AfricaView Initiative

[Sponsored Content] – Sponsored content featured on, usually in the form of an article, photo or video-related content offers our audience the opportunity to learn more about a product, service, industry, trend or topic. While our advertising relationships do not impact on our editorial coverage on the site, the goal is to align brands


iDEA Is Hosting Its First Demo Day This Weekend

Government-backed, not-for-profit organisation, iDEA which has been supporting the development of indigenous skills and capabilities in software development since 2013, is hosting its first Demo Day. iDEA’s Demo Day, scheduled to hold on June 20 at its Lagos center in Yaba, Lagos is strictly by invitation and will mark the graduation of its in-house businesses

Ecobank and MasterCard

Ecobank to roll out MasterCard payment solutions to millions of its customers in Africa

Ecobank Transnational Inc., arguably Africa’s largest bank by geographical reach, has signed a landmark multi-country agreement with global payments technology company MasterCard to bring MasterCard’s payment solutions to more than 32 sub-Saharan African markets. The agreement culminates the multi-country licensing agreement signed by MasterCard and Ecobank in January 2014, which will see Ecobank issue MasterCard


SWIFT Networks Acquires Chromecom, Plans 1,000 Additional 4G LTE Base Stations in Lagos

SWIFT Networks Limited, Nigeria’s leading provider of high-speed broadband and data services to enterprise and consumer customers has completed the acquisition of the spectrum of Chromecom (subsidiary of Monarch Communications Limited), another licensed operator.


Ghana’s Cloud-Based Freight Tracking Startup, Vestracker Moves To Europe

Vestracker, a cloud-based software that allows freight forwarders to easily track consignments has launched offices in Uppsula, Sweden and Accra, Ghana. “These offices allow Vestracker to be closely aligned with the major shipping centers of the world,” says Osam Sarsah, the company’s co-founder and CEO. The MEST-backed startup provides freight forwarders with unique features to