News articles


131 startups selected in first adjudication round of DEMO Africa

131 startups selected in first adjudication round of DEMO Africa

A total of 131 startups have been selected in the first adjudication round of DEMO Africa, one of the flagship initiatives of LIONS@frica and described as the “launchpad for emerging technology and trends”. The 131 startups were selected from over 723 applications that were received. The applications were received from 46 countries – last year’s event


Spacepointe raises funds from multiple investors, launches business solutions for SMBs

SpacePointe, a Nigerian fintech startup, has announced it has raised US$1.2 million in a seed funding round from multiple investors. On the back of this, the company has launched two business solutions for small and medium businesses in the Nigerian market. One of the business solution is CommercePointe, which enables businesses in the informal sector


Capria launches US$100 million fund to invest in African startups

Capria, a venture capitalist supporting new impact fund managers in emerging markets, has announced the launch of a US$100 million fund to invest in African startups. Known as Capria Emerging Managers Fund, it will invest in equity and debt funds targeting early-stage impact businesses across Africa. According to research, impact investors managed over US$60 billion of

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12 startups selected to pitch to Hiro Mashita for chance to win US$2,500

12 startups have been selected to pitch to prolific Japanese investor, Hiro Mashita at the TechCircle-organized Meetup: Drinks with Hiro Mashita and the Lagos Techosystem. The startups were selected by a team of judges with the Radar Startup Competition also taken as an indication of interest. In no particular order, the startups are described below: Mydaz


TECNO launches Camon C8’s successor – a 13-megapixel front/back camera smartphone

TECNO, a leading mobile phone manufacturer, has announced the launch of the successor of Camon C8, its higly sought-after camera smartphone, into the Nigerian smartphone market. The successor, Camon C9, closes the gap between premium camera phones and budget DSLR cameras, and spots unputdownable features. Some of the features include groundbreaking dual 13.0MP front/back autofocus


SEACOM peers more Internet Exchange points in Europe & Africa, customers to enjoy better Internet

SEACOM, Africa’s foremost network service provider and ICT enabler, has announced it has peered with Internet Exchange points (IXP) in Europe and Africa, adding to the growing list of Internet exchange points it currently peers with. Deutscher Commercial Internet Exchange (DE-CIX) in Marseille and France Internet Exchange (FranceIX) in Paris are the Internet Exchange points it


MTN Nigeria appoints first Nigerian CFO

MTN Nigeria, the Nigerian subsidiary of MTN, Africa’s leading telecommunication company, has announced the appointment of Adekunle Awobodu as its new Chief Financial Officer (CFO), the first Nigerian to hold that position. With over 22 years professional experience and international exposure in finance, Adekunle Awobodu is considered to be more than qualified to hold the


Furniture marketplace, wins Radar Startup Competition, an online furniture marketplace, has won the Radar Startup Competition, a pitch contest where the winner was determined by votes of the members of the community. The contest required startup founders to pitch their startups in less than 100 words in a pre-defined format to the community who then vote for their favourite startup.


YouTube adds live streaming to mobile

YouTube has announced that it is adding a live streaming option to its mobile platforms that will allow users to broadcast live video from their mobile devices — initially limited to web only. The video-sharing site which has been offering live streaming since 2011, including the streaming of the Royal Wedding of Britain’s Prince William


Wits University offers MOOCs on edX to enhance access to higher education

Wits University, a multi-campus South African public research university situated in the northern areas of central Johannesburg, has announced it now offering a suite of online courses on edX, an online learning platform. The online courses include massive open online courses (MOOCs), short online courses, and full online degree programmes. Within the next three months,


MTN to sell-off controlling stake in Afrihost

MTN, Africa’s leading telecommunications company, has announced its intention to sell-off its controlling stake of 50.02% in Afrihost, a South African Internet services provider. The sale is planned so as to enable the telco focus on core business, and pursue opportunities in relevant adjacent businesses. “The deal is in line with MTN’s strategy of focusing on core business


CcHUB to organize open day for parents & kids at re:learn centre in Abuja 

Co-creation Hub (CcHUB), a Lagos-based incubator and accelerator, has announced it will be organizing an open day for parents and their kids at its recently launched re:learn centre in Nigeria’s capital, Abuja. The event is being organized with the sole purpose of giving both parents and kids a first-hand dive into the world of computer programming.


94 startups selected to take part in SpeedUPAfrica

The startups that are to take part in SpeedUPAfrica, an event seeking to transform African startups to “SpeedUPs” through mentorship, workshops and of course, money, have been announced with 86 coming from Africa. The startups from Africa include, a Nigerian online hotel booking portal for Africa, Printivo, a Nigerian online printing company, and,

Twitter launches “Twitter Engage” app, allows longer video tweets and Vines

Twitter has announced the launch of a new app called Twitter Engage which gives creators, celebrities and public figures a better way to connect with fans and influencers. Twitter Engage is perfect for people that make and share new video content daily.  The new app, Twitter Engage, includes “down-to-the-second” analytics allowing users to see how their tweets are

Slack adds Message Buttons for easy third-party integration

Team collaboration tool, Slack will now allow users to interact easily with third-party services easily without leaving the application with the use of a new feature called Message Buttons. This is a developer tool that allows third-party services to integrate buttons into chats to enable Slack users to get tasks done directly in the window

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Thomson Reuters Is Accepting Applications For Its African Startups Challenge

Thomson Reuters, a major multinational mass media and information firm, has announced it is accepting applications for the African Startup Challenge. The challenge seeks new top startups that make a good investment or partnership opportunity for Thomson Reuters and its customers. From the applications received, the best teams will be selected with 5 eventually chosen to