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Maad Logistics Seed Funding
Startup

Maad Logistics Seed Funding

Senegalese logistics platform Maad, dedicated to supporting informal retailers, has successfully raised a substantial $3.2 million in seed funding. This significant financial boost will not only fuel Maad's domestic and international expansion but also pave the way for the introduction of new products, underlining our commitment to continuous innovation and growth. Maad stands out in…
May 24, 20240Comments

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Workjeje
Startup

Workjeje

Nigeria's Workjeje is an innovative online platform that connects individuals and companies to quality service providers in their vicinity. It specifically caters to urban dwellers who prioritize quality and convenience. Workjeje, the brainchild of University of Nigeria students Fortune Nwankwo, Collins Onyebuchi, and Ejike Anthony, was born in 2021 out of a shared frustration with…
May 21, 20240Comments

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Flutterwave Security Breach
Startup

Flutterwave Security Breach

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…
May 18, 20240Comments

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HubSpot Eyes the $1 Trillion Club
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HubSpot Eyes the $1 Trillion Club

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…
May 15, 20240Comments

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Chief Technology Officer
Startup

Chief Technology Officer

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…
May 14, 20240Comments

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Ampersand, Rwanda's pioneering electric motorcycle startup
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Ampersand Electric Motorcycle Startup

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…
May 8, 20240Comments

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Spatialedge funding
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Spatialedge funding

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'…
May 7, 20240Comments

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Start tech startup Rwanda
Startup

Start tech startup Rwanda

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…
May 2, 20240Comments

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