In a recent security incident, Flutterwave, a leading African fintech company, lost between ₦ $11 billion ($7 million) and ₦ $20 billion ($13.5 million) due to unauthorized transactions. This breach occurred just one month after Flutterwave obtained a court order in February to recover $24 million lost in a previous security breach last October. The…
Startup
As the global economy increasingly hinges on technological innovation, HubSpot is gaining recognition as a potential candidate for the elite $1 trillion market cap club alongside behemoths like Microsoft, Apple, Nvidia, Alphabet, Amazon, and Meta. Although currently valued at $31 billion, HubSpot's strategic initiatives and burgeoning market presence suggest a trajectory toward significant expansion. Pioneering…
In the modern, technology-driven world, the Chief Technology Officer (CTO) is becoming an indispensable figure within companies across various sectors. As the primary overseer of technology systems, a CTO's role is critical for steering an organization's technological agenda and ensuring its alignment with overall business strategies. A CTO is entrusted with a broad spectrum of…
Ampersand, Rwanda's pioneering electric motorcycle startup, is revolutionising the transportation sector with its innovative e-bikes. Since its launch in 2019, this Kigali-based company has been on a mission to redefine how Rwandans commute, offering a cleaner, more efficient alternative to traditional motorcycles that significantly improves their daily lives. Ampersand's electric motorcycles are not only environmentally…
Spatialedge, a trailblazing startup based in Stellenbosch, South Africa, has been a significant player in data analytics and applied artificial intelligence (AI) since its establishment in 2017. Dedicated to transforming the retail industry, Spatialedge has recently achieved a significant milestone by securing ZAR60 million (approximately US$3.1 million) in funding, a clear testament to the investors'…
Rwanda is rapidly becoming recognized as a hub for technological innovation in Africa, offering a fertile ground for tech entrepreneurs. With its progressive governmental policies, burgeoning tech ecosystem, and strategic partnerships, Rwanda stands out as an ideal location for launching a tech startup. Here's a comprehensive guide on why you should consider Rwanda for your…
Starting a technology company can be a thrilling and potentially lucrative venture in today's fast-paced digital world. However, establishing a successful tech company involves careful planning, strategic decision-making, and a deep understanding of the tech landscape. Here's a comprehensive guide to setting up a technology company. 1. Identifying Your Niche:The first step…
Abubakar Salim Channels Grief into Creation of New Video Game Actor Abubakar Salim, known for his roles in various films, TV series, and video games, has channelled his experience of losing his father into creating his first video game. Salim, 30, shared a deep connection with his father, Ali Salim, over their love for games…
Securing funding can be a significant hurdle for young entrepreneurs looking to kickstart their business ventures. However, several organizations and companies are dedicated to providing financial support and resources to help these budding business owners. One of the key players in this field is venture capital firms. These firms are specifically designed to invest in…