Hello Africa!
The end of the week is here upon us.
Today’s Big 5 is hot and fresh, lace up and join us for the ride.
In order to expands its internet service beyond Nigeria and established into Ghana market, Nigerian ISP start-up, Tizeti who is the owner of Wifi.com.ng brand has secured $3 million in a new Series A round fund led by 4DX Ventures with participation from existing investors Y Combinator Continuity, Lynett Capital, Social Capital, Western Technology Investment, Friále and Golden Palm Investments.
As Tizeti is expanding into the Ghanaian market, Nigerian fintech start-up, Paga is moving into the global market as they secured $10 million funding led by the Global Innovation Fund. Also, part of the investors were, Goodwell, Adlevo Capital, Omidyar Network and Unreasonable Capital. The new fund brings Paga’s total fund to $35 million since established in 2009.
After launching IGTV, an on-demand video platform, Instagram is working on another standalone app dedicated to shopping. The app will allow users to browse collections of goods from merchants that they follow and purchase them directly within the app and it will be called IG Shopping, says The Verge.
There has already been leaked videos of how the latest iPad might look like. Apple Inc. is expected to be unveil three new iPhones alongside with the iPad.
The images show that the tablet with rounded corners with slim and symmetrical bezels on all sides. It’s not unusual to see equal side bezels where users place their hands, but the top and bottom ones do suggest something about the upcoming model — no notch, no home button.
Cryptocurrency Market Value Drops… Since the boom late last year, Cryptocurrency has been on a steady decline over the year and this past month has been dark for Crypto Investors as the currency dropped in price by more than $300 within an hour on Wednesday morning, after weeks of gradual gains. Bitcoin fell $1,000 in just 24 hours as at Thursday morning.
Cheers to the Weekend, time for some rest. Do have a lovely one.
Join us again next week for all the biggest technology News from out of Africa.
See you then.
