Nakirfai Tobor

Nakirfai Tobor

Total 922 Posts
Curating and drafting digital technology news from across Africa. Still learning. Beep bop.

Nigerian startup Moove Raises $23m in Series A Funding

Founded by British-born Nigerians Jide Odunsi and Ladi Delano, Moove announced that it raised $23 million in a Series A funding round. This brings the startup’s total funding raised to $68.2 million, including $28.2m in equity and $40.0m in debt.

Omnibiz, Nigerian B2B eCommerce platform raises $3m in seed funding

Omnibiz has raised a US$3 million seed funding round led by V&R Africa, Timon Capital, and Tangerine Insurance to fuel its growth and expand across Africa.

Ada Animation secures pre-seed VC funding

Ada Animation has said that it will use the pre-seed investment to support the company’s growth ambitions to hire great talent, create African content, and further develop its proprietary technology.

CSIR to drive agenda to extract IP value for industrial development

The CSIR, as a research organization, believes that IP plays a critical role in encouraging creativity and innovation in the country. The organization recognizes the role that SMMEs play in the economy and is committed to supporting them.

Four community organizations receive music grants and mentorship support

The Black Stripe Foundation, in partnership with YouTube Music, today announced the names of four community organizations set to receive grant funding through the Triple M (Mzansi: Music to Heal - Music to Unite) initiative.

Egyptian startup, MaxAB, has secured $40 million Series A investment

Egypt’s MaxAB is set to expand its physical footprint across the MENA region as a result of securing $40 million in Series A VC funding. The company also plans on scaling recently launched business verticals including new supply chains and embedded finance solutions.

COVID-19 testing laboratories are helping African countries win the race against time

Early detection has been instrumental in limiting the spread of the virus and has helped countries trace, isolate and treat confirmed cases. Supported by the African Development Bank, several countries on the continent have achieved a logistical and scientific feat.