Ukheshe, the South African fintech provider is headed for the international markets with a focus on key regions such as Europe, Asia Pacific, and the Middle East. The new shift to the global markets is fueled by Ukheshe’s efforts to establish new partnerships across Africa, as the continent shifts towards digital products, channels, and services. Ukheshe […] More The post SA micro-payments solution to expand footprint internationally appeared first on Tech In Africa.

Errand360 is the first Bicycle Community Delivery hub in Nigeria. Our services are tailored to serve users with demand for quick and short errands within their communities and on-demand delivery services.   Errand360 Bicycles will serve users in the following ways: Food Deliveries, Pharmaceutical product delivery, Grocery Purchase and delivery, document dispatch within the city, short […]

Lagos government unveiled the new e-hailing taxi service ‘Lagos Ride’ featuring a fleet of 1000 units of Sport Utility Vehicles (SUVs). State corporation IBILE Holdings Limited will run the two entities on behalf of the Lagos State Government. The new ride-hailing alternative is expected to give Uber and Bolt stiff competition. ‘Lagos Ride’ is part […] More The post Lagos government launches new e-hailing taxi scheme to bolster city transportation appeared first on Tech In Africa.

In connection with the deal, Square plans to name Shawn “JAY-Z” Carter to Board of Directors Square, Inc. (NYSE: SQ) announced that it has entered into a definitive agreement to acquire a majority ownership stake in TIDAL, the global music and entertainment platform that brings fans and artists together through unique music, content, and experiences. […]

The Premium Times Centre for Investigative Journalism (PTCIJ), through its Natural Resources and Extractives Programme (NAREP), has selected nine journalists across Nigeria for its flagship NAREP Oil and Gas Media Fellowship. This fellowship aims to advance natural resource journalism in Nigeria. It is designed to train and build journalists that can effectively report and analyse […]

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Section A: The Manuals and Overview This shows the training overview and manuals   Section B: Soulmate WordPress This is how to edit Soulmate WordPress section of the site   Section C: Soulmate Community This explains the Soulmate Community, the Facebook clone   Section D: Soulmate Backend – Admin Portal This is where to manage Distributors and Agents (also the same as Campus Reps)   The post Soulmate Training Videos appeared first on Tekedia.

As the Central Bank of Nigeria (CBN) policy of Naira 4 Dollar Scheme kicks off tomorrow, we would be looking at how the policymakers  respond when live data begins to arrive . I have called it a “quasi-devaluation” of the Naira, but with the understanding that it is a short-term experiment, we should wait for the data to hit the CBN headquarters. But before that happens, this is what I expect to happen across most countries: remittance  inflow will improve but most may not be real!  The Central Bank of Nigeria (CBN) needs US dollars desperately to help cushion the… The post The CBN’s New Playbook – And Why Tax Holidays On Investment Will Be Better appeared first on Tekedia.

On Friday, I invested in a downstream technology sector of the oil, gas & renewables sector. It is a California-based startup. We will bring visibility on how people buy refined crude products & renewables, orchestrating demand and supply into a more optimal equilibrium, through reduction of information asymmetry. From finance to logistics to payment, we want to uber the downstream sector! And that downstream includes renewables. I will make a proper announcement within the week. We need to digitize the energy sector. The post We Added A New Company In Our Portfolio appeared first on Tekedia.

Good People, happy Sunday. The conversation on the latest Central Bank of Nigeria (CBN) policy – Naira 4 dollar scheme, i.e.  extra N5 is paid by the apex bank for every remitted $1 into Nigeria –  has generated many opinions. While I truly welcome the opinions, let us not be personally attacking elected or appointed officials. Make your point, challenge their policy choices, but do not insult them.  We are saying the same thing. The fact remains that the mess in Nigeria did not start today. We used to have so many dollars that we were looking for countries to… The post Fixing Nigeria’s Naira – And The Missing Voices appeared first on Tekedia.

The Konza Technopolis Development Authority (KTDA) has partnered with the Israeli embassy in Kenya to organize an innovation challenge to meets all technological needs of the new “Silicon Savanah” named Konza. This is the “Konza Innovation Challenge” specifically targeting innovations that utilize technology in fueling the futuristic city’s smart ambitions. The MD at KoTDA Eng. John […] More The post Israel partners with KTDA to host Konza Innovation Challenge appeared first on Tech In Africa.

Mubawab, a Moroccan real estate portal startup just received a $10 million cash investment from a real estate company Emerging Markets Property Group (EMPG) to fuel its expansion across the Maghreb region while developing its technology. Mubawab was founded in 2011 by Toni Puig and Kevin Gormand. Users can buy, sell and rent out their […] More The post North Africa property marketplace to receives $10 m from EMPG appeared first on Tech In Africa.

The Central Bank of Nigeria (CBN) has announced a new forex policy designed to encourage diaspora remittance through Money Deposit Banks (MNOs) that will fuel dollar liquidity in Nigeria. The initiative tagged, ‘Naira 4 Dollar Scheme’ for diaspora remittances, offers recipients of diaspora remittances through CBN’s International Money Transfer Operators (IMTO)s, N5 for every $1 received as remittance inflow. The scheme takes effect from Monday, March 8, 2021, and ends on Saturday, May 8, 2021. The scheme was disclosed by CBN in a circular which was dated March 5th, 2021, and signed by the Director, Trade and Exchange Department, A.S… The post Nigeria’s Central Bank Targets More Diaspora Remittance with New FX Policy appeared first on Tekedia.

After completion of my study with Y-Combinator’s startup school in 2019, I have tried and failed severally to figure out how to launch that next big startup that hopefully, will one day turn into a unicorn. This plunged me into further research and despite my young age in the world of startups, funding, VCs, etc., I stumbled on a concept that hopefully if done right, can actually create that next unicorn. The concept is called a “Power Law”. According to Wikipedia; A power law is a functional relationship between two quantities where a relative change in one quantity results in… The post Implementing Power Law Concept for Startup Growth appeared first on Tekedia.

Over the past 10 years, Elon Musk and Jeff Bezos have been working to make their dream to create commercial transport service that will put people in space, come true. The SpaceX idea was conceived to build spaceships that will take tourists beyond the International Space Station to mars. The two richest men in the world now have a common goal, to put people in space via a commercial transport service. Musk’s SpaceX has recorded successful commercial trips to space while Bezos is working relentlessly on Blue Origin, a reusable suborbital rocket called Shepard designed for the same purpose. The… The post The Space Life Dream: First Space Hotel Scheduled to Open in 2027 appeared first on Tekedia.

The Central Bank of Nigeria (CBN) needs US dollars desperately to help cushion the nation’s balance of payment, and fight deterioration of the Naira, and it is going to Nigeria’s best export: the diaspora community.  Yes, the apex bank has unveiled a really ingenious scheme called “Naira 4 Dollar Scheme”. Largely, if you wire US dollars to Nigeria via the approved IMTO (international money transfer operators) like Western Union, the payout bank will pay your recipient N5 per $I besides the recipient receiving the full amount you wired in US dollars. The CBN Governor mentioned in a Diaspora Series organized… The post The CBN Calls Nigerian Diaspora with “Naira 4 Dollar Scheme” – N5 Per $1 appeared first on Tekedia.

Square is acquiring Tidal, a music streaming company owned by rapper Shawn Carter, aka Jay-Z. Square, owned by Twitter founder and CEO Jack Dorsey will take a majority ownership stake in Tidal through a new joint venture. The deal, worth $297 million is believed to be aimed at popularizing blockchain and exploring new ways to get artists paid valuably for the works. “It comes down to a simple idea: finding new ways for artists to support their work. New ideas are found at the intersections, and we believe there’s a compelling one between music and the economy. Making the economy… The post Square-Tidal Acquisition and Jay-Z’s Business Ingenuity appeared first on Tekedia.

Thanks Fidelity Bank PLC for the opportunity today at your Series. Good people, the video is here –  My Presentation begins at 1.47.30 The panel discussion which I also participated begins at 2:11:18 The post My Presentation at Fidelity Bank PLC Series Today appeared first on Tekedia.

Good People, please remember to join me with the Vice President of Nigeria, the governor of the Central Bank of Nigeria, the CEO of Fidelity Bank Plc, and other business leaders of our nation in two hours. Link to register FREE is here.   The post Remember to Join Ndubuisi Ekekwe, Vice President of Nigeria and CBN Governor Today appeared first on Tekedia.