An Egyptian startup company, Sahl has been founded to provide an integrated service to manage numerous household bills with the help of authorities and has received US$ 6 million in Series A and seed investments. Sahl is the convenient way of paying bills through your mobile where users can pay bills for more than fifty services such as electricity, gas, water, & mobile. It is a platform with exclusively provided NFC technology that can help to recharge the prepaid card any time and at any place. New products have been developed with B2B focus to broaden the audience as well…
Author: Modupeoluwa Shelle
Nigerian startup payment infrastructure company Zone has released the POS payment gateway product to go with its new payment infrastructure integrated with a blockchain backbone. Zone has created a layer-one Blockchain network that disburses fiat transactions and finalizes the process of converting to digital currencies, as well as integrating financial entities that were previously out of the global payment chain. As the ecosystem of the blockchain is the technological platform of the Zone, its blockchain network provides FS providers and their clients with efficient, fast, and compatible payment solutions and services at any needed scale. It operates in a very…
The pan-African banking institution, Ecobank Group, has invited participants to begin entries for the seventh Fintech Challenge, which offers a total of $50,000 in prize money. Ecobank is an independent pan-African banking institution which provides financial solutions to clients in the consumer, commercial and corporate banking fields in 35 countries throughout Africa. Its annual Fintech Challenge provides new and mature fintechs an opportunity to become a strategic partner of choice to Ecobank across 35 countries, and is in its fifth round. The startups that are most likely to benefit from Ecobank’s innovation focus are those who are well aligned with…
The Global Fund’s Grant Cycle 7 (GC7) earmarked $933 million for implementation of HIV, Tuberculosis, and Malaria interventions in Nigeria within the years 2024 to 2026. Out of this, $340,095,438 is on the HIV grant while the National AIDS Control Agency (NACA) will receive $10,663,394 for the purpose of coordinating the multisectoral response to HIV. The first release of funds for the GC7 grant commenced with a retreat for the newly established Project Monitoring Unit (PMU). It was expected that the idea of the four-day retreat would help introduce new team members, remind them of previous achievements, evaluate work and…
PCOS Conquerors, a popular social support group for women diagnosed with Polycystic Ovarian Syndrome (PCOS) has partnered with Pharmarun, a health-tech startup focused on improving health and accessible medications. PCOS Conquerors and Pharmarun have been tasked with the responsibility to change the fate of those women diagnosed of PCOS by giving them the power to control what they currently know about the condition. PCOS Conquerors has been empowering women with PCOS for the past five years through providing support, guidance, information, encouragement, and a platform for over 700 members to share and build confidence for a healthier life. Read Also:…
Paymenow, an earned wage access startup from South Africa has entered a partnership with Thiqa Digital Finance, a leading Islamic finance platform from Uganda to provide Ugandan government employees to have early and responsible access to their wages, safely and free of interest through a mobile application. Thiqa Digital Finance was launched in late 2019, the organization offers Islamic and Shariah-compliant financial services and solutions through its own developed technologies and platforms. Paymenow, on the other hand, is the responsible-earned wage access fintech company, which aims to empower its staff with immediate access to their earned wages through a mobile…
After the recent downpour and flooding last week, several roads in the Western Cape are still under closure. Some roads include Meiringspoort and Swartberg Pass in Oudtshoorn and the Noord Street which was impassable due to having been flooded. The Oudtshoorn municipality said many constructional activities were ongoing on Meiringspoort Pass, where some parts of the road had been reconstructed apart from repairing ditches which had set along the riversides. The municipality stated that the conditions present a severe risk to motorists. The motorists have also been discouraged from using low water bridges within that region. Currently, the road from…
A 69-year-old American was charged with assault after a video that went viral captured him assaulting a hotel worker, using racial slurs, and vowing to kill him. Jimmy L. Taylor was arrested after a video went viral of him in an angry rant, and he was charged with assault and malicious damage on Thursday, 16 August 2018, at the Grand Imperial Hotel in Kampala. The footage shows Taylor charging at the receptionist and saying: “You hate Jesus. You hate yourself. You hate me. You disgraced Jesus. Huh?” As the police wanted to arrest him, Taylor spat on the police then…
A total of 15 Nigerian-based startups have been listed as finalists of the second edition of Pitch2Win competition with up to $10,000 monetary price as well as the opportunity to visit Japan. Pitch2Win is an initiative of TechCircle and is being supported by Freakout, SGverse, and SGgrow; the second season of this event is scheduled for June 12 where ten selected startups will be provided the opportunity to present their ideas to some prominent investors and business tycoons. The selected startups will compete for a 10,000 USD equity-free grant, and a trip to IVS2024 Kyoto, Japan’s biggest crypto event, providing…
The Uyui District Council in Tanzania has today been privileged to receive two ambulances which are part of the government’s effort to improve on the health services delivery in the country as informed to the House yesterday. The revelation was brought by the Deputy Minister in the President’s Office (Regional Administration and Local Government Authorities) Zainab Katimba, who stated that the Uyui DC received the vehicles in February this year. “These ambulances have been allocated to Uyui District Hospital and Igalula Health Centre,” Ms Katimba said, adding that the ambulances are used in the cascaded system health institutions like Loya,…