June 29, 2020

Y Combinator reduces investment size to $125k, cites economic concerns

Y Combinator (YC), US-based seed-stage accelerator, is reducing the standard deal of its investment from $150 000 to $125 000. However, it is maintaining its 7% equity stake in backed startups. The announcement was made on Friday (26 June) by Y Combinator president, Geoff Ralston. The announcement coincides with the accelerator’s call for application for […]

June 27, 2020

ITU/UN Women Equals in Tech Awards 2020 for Gender Equality & Mainstreaming in Technology

The ITU/UN Women Equals in Tech Awards are given every year to organizations and individuals working to help girls and women gain equal internet access, digital skills and opportunities in the tech industry. Individuals and organizations can nominate their own initiatives or those of others for an award in the following categories: Access: Initiatives related […]

June 27, 2020

50 Quotes for Every Sales Person

Sales can pose itself as one of the most tasking aspects of entrepreneurship. It is considered nerve-racking by many. Here are some quotes to inspire you as a business owner or a salesperson! 1.“Keep yourself positive, cheerful and goal oriented. Sales success is 80% attitude and 20% aptitude” – Brian Tracy 2. “Never confuse activity […]

June 26, 2020

How local fowl farming can lift rural women

Women who reside in rural areas, have attested to the fact that those of them who are rear local chickens as means of livelihood are flourishing in the business. As it’s impacting positively on their families. Experts say local or native fowls are self-sustaining; that is they can raise their own replacement stock. A veterinarian, […]

June 26, 2020

Inclusive Fintech 50 initiative opens call for 2020 edition

Inclusive Fintech 50 is now open for applicants. The initiative aims to identify 50 innovative fintech startups driving financial inclusion and resilience for the three billion financially underserved people worldwide. The initiative, which is now in its second year, was founded by MetLife Foundation and Visa, with support from Accion and IFC, and additional funding […]

June 26, 2020

How Successful Entrepreneurs Avoid Common Business Pitfalls

At the beginning of an entrepreneurial journey, it is common to re-adjust strategies to attract better customer and make better profits. Successful entrepreneurs of today have gone through this phase at one point or the other in their journey. However, the journey doesn’t come without its pitfalls and mistakes. This is because entrepreneurship has its […]

June 25, 2020

Entries open for Sixth annual AppsAfrica Innovation Awards

Entries are now open for the sixth annual AppsAfrica Innovation Awards which aim to showcase the continent’s most innovative mobile and tech ventures. The awards are open to corporates, established ventures or start-ups who have launched services in at least one African market. The winners of the awards will be invited to Africa Tech Summit […]

June 25, 2020

Ingressive Capital completes its $10m African fund, set to invest up to $400K in new startups

Ingressive Capital has announced the completion of its $10 million African tech fund. Founded by Maya Horgan Famodu in 2017, Ingressive Capital invests in high-growth tech startups across Africa. The venture capital fund targets pre-seed and seed stage tech businesses in both the B2B and B2C spaces. In 2019, Ingressive Capital announced that it will […]

June 25, 2020

Fastest Emerging Online Businesses in Nigeria

The global pandemic has led to many new online businesses in Nigeria emerging and making old ones going stronger than ever.  With an outbreak that requires less physical contact with people, many brands have pivoted to new ways of doing business, either by offering a new service or product closely related to their brand to […]

June 24, 2020

Facebook supports African SMB’s through Virtual Economic Impact Programmes

Facebook made an announcement that all its Economic Impact Programmes will be offered virtually as the platform seeks to equip small businesses with digital marketing skills to help them stay open, connect with and acquire new customers to survive challenges presented by Coronavirus. Facebook’s Economic Impact Programmes include Boost with Facebook currently implemented in 11 […]

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