Here's how to win an all-expenses-paid trip to the largest tech and startup event in Africa!
Plus other opportunities
Good morning 👋
This edition of our newsletter is brought to you by CloudPlexo, an AWS, Microsoft and Google Cloud partner. CloudPlexo help businesses globally leverage technology efficiently on the cloud.
Ready to take your startup to new heights? Embrace AWS Cloud Maturity Service and experience the difference. Book a Discovery Call & Learn More Here
In this week’s edition
Gitex Nigeria Road Show 2024, DigitalforAll Challenge 2.0, and other opportunities.
Moove raised $10 million, Carbon acquired Vella Finance, plus other noteworthy Naija tech news.
Events, and more.
Opportunities you should not miss!
— Gitex Nigeria Road Show 2024
This is an incredible opportunity for startups to showcase their businesses and potentially win an all-expenses-paid trip to the largest tech and startup event in Africa, bringing together tech stars, founders, investors, and startup ecosystems from across the continent. The roadshow will be held in Abuja, Lagos, and Kaduna.
— DigitalforAll Challenge 2.0
This is a digital skilling competition designed to reward self-development and encourage the acquisition and use of digital skills through competitive incentives. It is divided into three categories and winners from each categories will be rewarded with cash prizes.
— Visa Africa Accelerator
This is a 3 months program that connects Africa's brightest minds with experienced mentors, cutting-edge technology, and unparalleled investment opportunities. The selected startups will experience accelerated growth through expert guidance, strategic mentorship, and access to invaluable funding opportunities.
Snapshot of noteworthy events in Naija’s tech ecosystem last week:
— Moove raised $10 million in a funding round led by by Stride ventures. The mobility fintech startup will use the funds to expand into more Indian cities—Delhi, Pune, and Kolkata. Read more
— PiggyTech, PiggyVest’s parent company, raised an undisclosed investment from Flutterwave last year. Read more
— Astrotwig, a Nigerian music and social networking startup, lost $20,000 to an investment scam. Read more
— Arnergy raised $3 million from All On, an off-grid energy impact investment company. The cleantech startup will use the funds to scale and accelerate adoption. Read more here
— Carbon acquired Vella Finance for an undisclosed sum. As part of the deal, Vella Finance will become the business banking arm of Carbon. Read more
— Jumia reduced its operational losses in Q4 2023 to $4.5 million due to strategic decisions, including shutting down Jumia Food, reducing its workforce and focusing on higher-value goods. Read more here
— Dojah expanded its Identity Verification services to South Africa and Angola. Businesses in both countries can now seamlessly look up and verify national identity data. Read more here
— Gokada pivots to an asset-light model in a bid to stay alive and raise new funding. Read more here
Unlock the full potential of your startup with the AWS Cloud Maturity Service – your key to seamless scalability, enhanced efficiency, and accelerated growth!
Book a Discovery Call & Learn More Here
Tech events you should attend!
— Sankalp Africa Summit 2024
— Oxford Africa Business Forum 2024
— How to Scale a Fintech Startup
What we are reading/watching!
— Behind the Research: Ebehi Iyoha. Link
— Next Wave: Venture investing is for everyone. Especially corporations. Link
— AI Regulation is premature for Africa. Link
Thank you for reading. See you again next week 👋
To feature your product in our newsletter, kindly fill out this form - bit.ly/NewsletterPartnerContent