Technology News
Foreign investment accounted for 98% of the total funds raised by Nigerian Internet startups in the second quarter of 2018, as revealed in Techpoint’s Nigerian Startup Funding Report for the same period. The ratio of foreign to local investors for this period was 7:2 but in value, the ratio was about 13:1. One thing that’s Read more about Nigerian startups still thrive almost exclusively on foreign investment[…]
Apple and Simply Mac, a third-party Apple reseller and service provider, have reached a deal that will see the iPhone maker provide the necessary hardware to let Simply Mac conduct authorized screen repairs, according to a report from 9to5Mac. Prior to the deal, Simply Mac was subsiding on a limited number of Touch ID and Read more about Apple reportedly reaches deal with third-party reseller to allow authorized iPhone repairs[…]
The Lagos State Government, during a recent ministerial press briefing held in commemoration of the third year of the administration of Gov. Akinwunmi Ambode, revealed plans to transform the Sabo Industrial Estate, Yaba, into a technology hub. The framework, according to this report, has already been laid down and the structure for the hub Read more about Lagos state government to convert Sabo Industrial Estate to an ICT Hub[…]
At least $100k investment for women-led startups, $20k from Outlier Venture Lab, more There are numerous opportunities revolving around the globe this week. We’ve narrowed down a couple, relevant to Africans entrepreneurs, innovators, students, etc. Browse through our list of opportunities and apply for the ones you believe is right for you. Source: TechPoint
Inspire Africa in partnership with US Embassy Nigeria launches IGNITE Innovation Lab for young entrepreneurs to co-create innovative ideas and address UN Sustainable Development Goals (SDGs). As a build-up to the launch, they will also be hosting IGNITE summit in two states (Benue and Kaduna, on the 6th and 14th of October respectively) in Nigeria. Read more about IGNITE summit 2018[…]
VC4 Africa is looking for 8 innovative, high-growth startups to showcase at Africa Early Stage Investor Summit on Nov 11-12 in Cape Town. Are you operating in Africa, generating revenue and looking to raise your Series A round in the range of $250K and $5M? This is the opportunity you’ve been looking for. This new Read more about VC4A Venture showcase, $5000 for grab at Ignite summit and more[…]
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