HomeAuthor Moyosola

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It’s a good day to be African up in these streets and we’re so delighted that African talent is starting to get the recognition and acknowledgement that it deserves. Hollywood reporter broke the news that  South African actress Nomzamo Mbatha and Garcelle Beauvais have joined the cast of Coming 2 America, Paramount’s sequel to its popular 1988 comedy. The classic which stars Eddie Murphy is being directed by Craig Brewer and is said to begin shooting...

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1. Who is Sonto Pooe and what brought about native child?  Sonto Pooe is a mother , a wife, an entrepreneur and a philanthropist. I was born in t he dusty streets of KZN and raised by a single mother ( a teacher by profession) so education in my household has always been important. I’m the first if 3 girls so responsibility / leadership skills I learnt growing up having to play second in charge...

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August 14 2019. Kobo360, the digital technology platform disrupting African third-party logistics, today announced the completion of a $20M Series A equity round led by Goldman Sachs, with participation from Asia Africa Investment and Consulting Pte. and existing investors including TLcom Capital, Y Combinator, the International Finance Corporation. An additional $10M in local currency working capital financing has been secured from Nigerian commercial banks. Launched in 2017 by Nigerian entrepreneurs Obi Ozor and Ife Oyedele...

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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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What started as a hobby for Onesmus Gitonga has turned into an agribusiness a year later. In June last year, his father bought two turkeys, a tom and a hen from a friend to beautify their home and make it lively. Gitonga, 27, saw an opportunity in the birds and decided give them good care. “The hen hatched 15 chicks and I sold 10 of them. I was amazed by the profit I made and...

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