Anchor, a Banking-as-a-Service company that provides the complete infrastructure and tools needed for African businesses to build, embed and launch compliant financial products in minutes. has released an end-of-year review highlighting its key achievements over a year after its launch. In 2023, Anchor processed over ₦400 Billion ($450 million) in transaction volume enabling 60+ live customers who depend on Anchor’s APIs to power services across fintech, HR, logistics, e-commerce and many more industries Segun Adeyemi (Founder & CEO, Anchor) Currently, Anchor offers several APIs for fintechs allowing them to operate virtual accounts, conduct seamless KYC/KYB, issue virtual cards, set up savings & credit services,…
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Mohamed Gawish (Founder & CEO, iSchool) iSchool, an Egyptian startup that teaches programming to children of elementary to high school age, has secured $4.5m in a funding round led by Capital Ventures Wave, an Irish venture capital firm. The round also included UK Capital OneStop, Webit Network Investment, and Capital Oraseya, the investment arm of Dubai’s Integrated Economic Zone Authority. Team iSchool Founder & CEO of iSchool, Mohamed Gawish, said in a Facebook post that the funding will enable iSchool expand into six new markets in the Middle East and North Africa, as well as to scale up its technology…
Toluwani Precious Ogunbiyi SDG and sustainable food systems advocate, Global Youth Ambassador, and AgTech enthusiast, Toluwani Precious Ogunbiyi, has just thrown up an extremely innovative project for scrutiny. She says: “Can you imagine making paint from cow dung? 🎨🐄💩” The following video outlines the outstanding benefits of this latest eco-friendly innovation, already in use across India, from construction sites to cosmetics. 🎥 via Toluwani Precious Ogunbiyi Ms. Ogunbiyi’s lucid line of thinking goes like this: “First thing that excited me about this innovation is the fact that it offers an extra source of income for farmers! Most times, cow ding…
Ini Obinna-Onunkwo (Founder, Little Weavers) Little Weavers, the ultra-fashionable, ready-to-wear (and bespoke) Afrocentric clothing brand that serves families, has turned 10. Iniobong Obinna-Onunkwo (Founder, Little Weavers) says: “For 10 years, we have continued to preach the gospel of African print. Beyond that, every piece is a story that tells the beauty of our culture and the need for young people to embrace it with pride”. Globally-recognised education advocate and film maker, Zuriel Oduwole, recounts her amazing experience with Little Weavers.
Orange Corners Innovation Fund Nigeria has announced five winners of its Cohort 9 business pitch competition, which was held on December 05, 2023. The emerging winners, listed from 1st to 5th place are: First Place: Edu Shola (Founder of @deluxecreation) – €40,000 Second Place: Chukwuka Otekeiwebia (Founder, @filmanatomie Manufacturing – €30,000) Third Place: Lateefat Adelekan (Founder, @tquart_foods) – €25,000) Fourth Place: Hawau Kolawole (Founder of @klayfoods & Production Ltd.) – €15,000 Fifth Place: Omolabake Matthew (Co-founder, @nutrition4kids_ng NG) – €10,000 Says Orange Corners: “Congratulations to the top 5 winners of the fund and we appreciate The Kingdom of the Netherlands for sponsoring this project. We look forward…
(R): Sesinam Dagadu (Founder and Chief Technology Officer, SnooCODE) SnooCODE Limited have signed an agreement with the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH to collaborate on a project aimed at reducing the environmental impact of single-use packaging from eCommerce deliveries in Ghana. The project, tagged “Innovative Packaging Solutions for Sustainable and Secure E-Commerce Deliveries,” aims to develop and pilot reusable packaging and security code-activated delivery bags to reduce waste and increase accountability in the delivery process. As part of the project, SnooCODE proprietary technology will be used to optimise delivery routes, ensuring that distances traveled by deliverymen are reduced,…
Countries around the world rely on the creative economy to produce jobs and growth, to stimulate innovation, to fuel tourism, and to promote culture Positioning itself in this background, the Losing Daylight exhibition (December 10 to 15, 2023 at the Ecobank Pan African Centre, Lagos-Nigeria) welcomes visitors from across the globe to embark on a multisensory journey through the rich history of Nigeria’s film industry – —all unveiling the captivating allure that has shaped the vibrant industry that is now recognises as Nollywood. Losing Daylight is a collection, restoration, preservation and exhibition of significant memorabilia and artefacts from Nigeria’s film history. Including imagery, film…
Aliko Dangote (President & CEO, Dangote Group) 📸© Sunday Alamba/AP Sunday Alamba/AP Nigeria’s Dangote refinery has received its first cargo of 1 million barrels of crude oil from Shell International Trading and Shipping Co (STASCO), bringing the start of operations closer after years of delays. The delivery from Shell represents the first tranche of a total of 6million barrels of crude due to be supplied to the facility from a range of suppliers, the Dangote Group said in a statement on Friday. The crude will enable the refinery to process an initial 350,000 barrels of crude oil a day into…
(L-R): Essien Etuk, Amanda Etuk (Co-founders, Messenger) Nigerian startup Messenger is supporting gig workers and logistics businesses with asset financing and credit to power local deliveries. Messenger streamlines logistics by offering financial resources to operators like riders and drivers, connecting them with businesses for efficient last-mile deliveries, which enables trade and commerce to thrive. Co-Founder, Amanda Etuk says “No one was [really] financing the last mile players.” To date, Messenger has clocked up over 4,000 users on its delivery hailing platform, and financed 150 motorcycles. Starting 2018 as a traditional logistics business, Messenger serves the most popular Nigerian e-commerce brands…
Adejoke Lasisi (Founder, Planet 3R) Watch the moment that social enterprise, Planet 3R (dedicated to converting textile and plastic wastes into Innovative and eco-friendly products), was called onto the stage at the recently concluded Commonwealth Innovation Sustainable Development Awards 2023. Founder, Adejoke Lasisi had this to say: “Our innovation won the Commonwealth Innovation Sustainable Development Awards 💡 Honored to be one of the 15 winners awarded by the Secretary General and President of Kenya.” Just three months ago, Adejoke was thrilled to enter into partnership with Viva Plus detergent, saying: “I believe this collaboration with Planet 3R will not only…