HomeAuthor Moyo Jolaolu

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Rise Capital leads round for on-demand motorcycle taxi app to “dominate” Nigeria’s estimated Billion Dollar “okada”-riding market 24 May, 2019. Lagos, Nigeria. Gokada, the Lagos-based on-demand motorcycle taxi app, has secured a Series A fundraise of $5.3 million. Led by Rise Capital with participation from Adventure Capital, First MidWest Group, IC Global Partners and several local investors, Gokada will deploy its investment to expand its driver fleet, increase daily rides by 10 fold  and acquire...

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Andela, the company building distributed engineering teams with Africa’s top software engineers, is recruiting mid and senior level developers in 2019, as part of a new Power of ‘X’ campaign, as it looks to scale its operations and meet growing demand. This comes as more companies seek to enhance their technology teams via distributed workforces. Since its launch in 2014, Andela has received over 140,000+ applications to it’s Technical Leadership Program and has trained 1,000+...

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Neo Mashigo, Chief Creative Officer of the M&C Saatchi Abel Group, has announced that Founding Partner and ECD of the Cape Town Agency, Gordon Ray, will take on a new role at the agency. Jake Bester will take over the ECD responsibilities. “Gordon has played a huge role over the past nine years, growing the business and, in the process, producing iconic, award-winning work across a broad spectrum of our clients. But starting an agency...

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  On the 27th of February, 2019 in Lagos, Nigeria. Gokada, the Lagos-based on-demand motorcycle taxi app, has celebrated its first year in business with the launch of its brand new office in Ilupeju. The transport tech disruptor in the ridesharing industry has also confirmed that the new corporate HQ will house a state-of-the-art Driver Training School, set to train and verify up to 500 riders at a time, and is due to open in...

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Recession, economic uncertainty, political upheaval – these factors, among many others, are playing havoc with retail stability and longevity around the world. In the United Kingdom, well known brands such as House of Fraser and Orla Kiely have either gone into administration or closed down. Edgars may shut the doors of its landmark store in the centre of Johannesburg in an attempt to revive the ailing brand, and Nine West and Mango have closed their...

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  South African funders need to take a more innovative and empathetic approach to funding the country’s SME sector, as the traditional corporate lending approach that insists on high collateral cover for small business loans blocks many SMEs from accessing much-needed financing – and ultimately hampers the growth potential of the entire sector.   That’s the view of Kumaran Padayachee, the chief executive of SME finance specialist Spartan SME Finance, who says requesting collateral has...

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It’s 2019 and although many things have evolved, one thing has stayed constant: Your audience need to be kept happy. Somehow, this needs to be reconciled with your goals to increase revenue and stay sustainable. This process requires, effective communication. Effective communication should make both parties happy at the end of the day because you get to convert to sales. However, what with competition, brands are constantly figuring out new ways to engage and differentiate....

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Kenyan fintech startup Pezesha is running financial education sessions in the town of Embu in a bid to cut down on the high default rates amongst borrowers. Pezesha, which secured a round of funding in August, offers a value chain financial marketplace by financially educating borrowers and taking them through a credit scoring process before they qualify for a loan. The startup has now launched its official curriculum – Pezesha Academy – in Embu in...

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Innocent Mukheli graced the stage of the Africa Travel Summit hosted by Airbnb with mouthwatering images that would make anyone stop for a double take. “Our aim is to reframe images from our own life stories, as well as the stories of others, and bring an alternative view of South Africa to a global audience,” said Mukheli who serves as the executive creative director of I See A Different You. “Our images show the South...

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