Daniel Abayomi

Kenyan ed-tech startup Kidato has been accepted into the Silicon Valley-based accelerator Y Combinator, banking US$125,000 funding and further support. Founded last year, Kidato is an online school for K-12 students that provides a high-quality, affordable education to the growing middle class in Africa, where parents must often choose between either public schools with student-teacher …

Kenyan ed-tech startup Kidato accepted into Y Combinator accelerator Read More »

Following speculations and months long delays, Africa’s largest eCommerce startup, Jumia has  eventually launched its Initial public offering (IPO) on the New York Stock Exchange(NYSE) today, Friday the 12th of March 2019. The African eCommerce giant has sold 13.5 million American Depositary Shares at $14.50 each to raise $196 million and will be trading with …

African eCommerce startup, Jumia rings NYSE opening bell as it finally IPOs Read More »

Merck – Make-IT Africa Startup Program Are you a start-up working towards the SDG’s and are based in Africa? Are you working at the cutting edge of innovation to solve real-life problems? Is your start-up innovation related to Healthcare, Life Sciences, Performance Materials, and Merck’s innovation focus areas? If you have answered yes to any …

Merck – Make-IT Africa Startup Program – VC4A Read More »

Kenyan startup WorkPay, which builds human resources (HR) and payroll solutions for Africa, has raised US$2.1 million in seed funding to fuel its growth. Originally called TozzaPlus until it rebranded in 2019, WorkPay is a cloud-based human resources management and payroll solution for small and medium-sized businesses (SMBs) in Africa. The startup’s time tracking and …

Kenyan startup WorkPay raises $2.1m seed funding to fuel its growth Read More »

Young Nigerian identified as Lotanna Ezeike has paid off his mother’s debt of 1.5 million naira 18 months after she funded his business. Taken to the micro-blogging platform, Twitter to shower praises on his mother for her support, Ezeike narrated hinted at how a cash amount of £3000, a rough estimate of 1.5 million naira …

Grateful son settles mother’s debt after taking loan of N1.5M for his startup business Read More »