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1. Nigeria’s ShortLet adapts AI to improve business model Nigerian real estate firm, ShortLet, has adapted artificial intelligence technology to enhance its culture and system delivery. The adaptation comes as more African tech players leverage tech to improve their business model. The startup, through its CEO, has acknowledged the upward trend observed since the integration. According to the CEO, the firm has witnessed a great increase in the number of requests since it launched. Further commenting on the development, the Founder and Chief Executive Officer, Mr. Keji Giwa, disclosed that h...

1. Nigeria’s Pricepally raises 6-digit pre-seed funding round Towards building on its strong early growth, Pricepally, a Nigerian digital food cooperative, has raised a six-digit pre-seed funding round. Founded in 2019 by Luther Lawoyin, Jumai Abalaka, Deepak Bansal and Monsunmola Adefemi, the startup is a group-buying platform that aggregates consumer food demand and matches it with supplies directly from farmers and wholesalers. Going by the model, the food is sourced directly from farmers and wholesalers, making it cheaper and fresher than buying at retail outlets. Also, this is how it c...

1. MEST opens 2022 applications for entrepreneurs in Ghana and Nigeria The Pan-African training institute, Meltwater Entrepreneurial School of Technology (MEST), has opened applications for its 2022 fully-sponsored entrepreneurial training programme in Accra, Ghana. The 13 year old MEST is a Pan-African training programme, seed fund and incubator for technology entrepreneurs in Africa. Since its launch in 2008, it has been providing critical skills training in software development, business and communications. Speaking on the development, the board noted that the body will accept entries unti...

1. Flutterwave hits “unicorn” status after closing $170m from investors Nigerian payments startup Flutterwave has announced closing a US$170 million Series C funding round, taking its valuation to over US$1 billion. The raised amount is the largest amount ever secured by an African tech startup. The five-year old Fintech player builds modern payments technology and infrastructure for Africa to enable people and businesses connect with the global economy. Reports revealed that the solution enables banks and merchants to replace multiple payment integrations with one simple API, which enabl...

  iNOVO accelerator selects 10 Nigerian tech startups Seeking through its venture to offer training and mentorship to disruptive solutions, iNOVO accelerator has announced selecting ten Nigerian startups to take part in its programme. The accelerator which was found through a partnership between the UK-Nigeria Tech Hub with the duo of Ventures Platform and Startupbootcamp AfriTech. According to reports, the iNOVO accelerator targets innovative ed-tech, agri-tech and e-health startups. Reports further revealed that the final selection emerged from a list of more than 750 applicants. Earlier, ...