Technext Technext
  • Home
  • Stories
    • Startup Review: How Selar Helps Creatives Sell Digital Products and Make Money Online
      Startup Review: How Selar Helps Creatives Sell Digital Products and Make Money Online
      16 hours ago 0
      41
    • My Identity Pay Launch its Biometrics Products for Payments and Digital Identities
      My Identity Pay Launch its Biometrics Products for Payments and Digital Identities
      19 hours ago 0
      66
    • GT Bank Comes Under Fire Over Excessive SMS and “SMS Alert VAT” Charges
      GT Bank Comes Under Fire Over Excessive SMS and “SMS Alert VAT” Charges
      21 hours ago 0
      141
    • Twitter Intensifies Fight Against Misinformation with Birdwatch Fact-checking Program
      Twitter Intensifies Fight Against Misinformation with Birdwatch Fact-checking Program
      23 hours ago 0
      32
    • Despite its Exclusivity Clubhouse is a Fun Place to be, Here’s how to Join the Conversation
      Despite its Exclusivity Clubhouse is a Fun Place to be, Here’s how to Join the Conversation
      1 day ago 0
      50
    • How to Buy Bitcoin Without ID Verification in Nigeria
      How to Buy Bitcoin Without ID Verification in Nigeria
      2 days ago 0
      87
    • As Broadband Penetration Hits 45% in 2020, Could Nigeria Still Achieve 65% Target by 2024?
      As Broadband Penetration Hits 45% in 2020, Could Nigeria Still Achieve 65% Target by 2024?
      2 days ago 0
      65
    • Cybersafe Foundation, UK Govt Help Vulnerable Groups, SMEs Upskill on Cybersecurity
      Cybersafe Foundation, UK Govt Help Vulnerable Groups, SMEs Upskill on Cybersecurity
      2 days ago 0
      64
    • Kenyan Insurtech Pula Closes $6M Series A to Boost Profits for Small-scale Farmers Across Africa
      Kenyan Insurtech Pula Closes $6M Series A to Boost Profits for Small-scale Farmers Across Africa
      2 days ago 0
      106
  • Features
    • Sell it or Repurpose it, Here are 5 Things You Could do With your Old Gadgets and Devices
      Sell it or Repurpose it, Here are 5 Things You Could do With your Old Gadgets and Devices
      6 days ago 0
      149
    • 5 Tips to Make Your Business More Popular on Social Media
      5 Tips to Make Your Business More Popular on Social Media
      2 weeks ago 0
      258
    • Analysts Forecast Bitcoin to Hit $100k in 2021, But is This Really a Good Time to Start Buying?
      Analysts Forecast Bitcoin to Hit $100k in 2021, But is This Really a Good Time to Start Buying?
      2 weeks ago 0
      423
    • Top 5 Most In-Demand Tech Jobs for 2021 — and Skills Required for them
      Top 5 Most In-Demand Tech Jobs for 2021 — and Skills Required for them
      3 weeks ago 0
      479
    • Financial Strategies for Surviving 2021 with Ayo Akinmade, Vice Chairman, Regus
      Financial Strategies for Surviving 2021 with Ayo Akinmade, Vice Chairman, Regus
      3 weeks ago 0
      446
    • ‘Expect Aggressive Expansion in 2021’- PlentyWaka’s Johnny Enagwolor on Surviving 2020 and What the Future Holds
      ‘Expect Aggressive Expansion in 2021’- PlentyWaka’s Johnny Enagwolor on Surviving 2020 and What the Future Holds
      4 weeks ago 0
      492
    • After a Poor 2020, Here are the Top Cinema Trends to Watch Out for in 2021
      After a Poor 2020, Here are the Top Cinema Trends to Watch Out for in 2021
      4 weeks ago 0
      440
  • Reviews
    • Startup Review: How Selar Helps Creatives Sell Digital Products and Make Money Online
      Startup Review: How Selar Helps Creatives Sell Digital Products and Make Money Online
      16 hours ago 0
      41
    • Twitter Intensifies Fight Against Misinformation with Birdwatch Fact-checking Program
      Twitter Intensifies Fight Against Misinformation with Birdwatch Fact-checking Program
      23 hours ago 0
      32
    • Despite its Exclusivity Clubhouse is a Fun Place to be, Here’s how to Join the Conversation
      Despite its Exclusivity Clubhouse is a Fun Place to be, Here’s how to Join the Conversation
      1 day ago 0
      50
    • Tech Events this Week: StartupBlink Ecosystem Summit, 2021 Commodities Outlook and Others
      Tech Events this Week: StartupBlink Ecosystem Summit, 2021 Commodities Outlook and Others
      2 days ago 0
      76
    • Global Tech Roundup: President Biden Reverses Nigeria’s Travel Ban
      Global Tech Roundup: President Biden Reverses Nigeria’s Travel Ban
      5 days ago 0
      137
    • Movie Review: ‘Outside the Wire’ is an Explosive Action Thriller Showing the Dangers of Sentient AI
      Movie Review: ‘Outside the Wire’ is an Explosive Action Thriller Showing the Dangers of Sentient AI
      6 days ago 0
      164
    • You Can’t Get Your NIN Slip Through the NIMC App but Here are 3 Things You Can Do With it
      You Can’t Get Your NIN Slip Through the NIMC App but Here are 3 Things You Can Do With it
      7 days ago 0
      238
  • Women in Tech
  • Videos
  • Contact Us
Go to...

    Nigerian Maritime Startup, MVXchange and WellaHealth to Get $37,000 Funding and Support From Founders Factory

    Oluwadamilare AkinpeluOluwadamilare Akinpelu
    10 months ago
    Nigerian Maritime Startup, MVXchange and WellaHealth to Get $37,000 Funding and Support From Founders Factory

    Two Nigerian startups – Maritime transport startup MVXchange and Healthcare startup, WellaHealth, have been accepted into Founders Factory Africa’s Venture Scale programme.

    These startups alongside two other African startups will take part in the six-month programme. This period will see them receive mentorship, tailored support services and $37,000 in cash investment.

    Four startups selected for Founders Factory Africa programme each net over £30k https://t.co/97AMrYamFE

    — Ventureburn (@Ventureburn) March 31, 2020

    This is the second set of African startups that will be accepted into the program this year. An earlier cohort that included Nigeria’s Foodlocker was announced in February 2020.

    This is a part of Founders Factory’s drive to design, build and scale 140 disruptive tech startups across Africa over the next five years. This is through its Venture Scale programme which focuses on developing existing startups that have the potential to scale across the continent.

    Last year it partnered with South African healthcare company Netcare to run an acceleration and incubation program for African health-tech startups.

    Motor Vessel Xchange (MVXchange) is a startup operating like “Uber for the maritime sector.” The startup connects vessel charterers directly to offshore support vessels (OSV’s) operating on the coast of West Africa.

    WellaHealth is a Nigerian health tech startup. Its malaria testing solution allows users to get tested and cared for within 15 minutes from their location.

    Meet WellaHealth, a Nigerian Healthtech Startup Making Malaria Testing and Treatment Easily Accessible, MVXchange and WellaHealth to Get $37,000 Funding From Founders Factory
    WellaHealth.

    The other two startups include Ghanaian diagnostics platform Redbird, and South African web and app-based escrow platform, Truzo.

    These startups will get access to $273,000 in tailored support services and as stated earlier, an additional financial investment of $37,000.

    This support includes access to Founders Factory’s pool of talent to scale product development, UX/UI, engineering, investment, business development and growth marketing.

    A huge welcome to @truzopay, @MVXchange, @Redbirdht & @WellaHealth who have just joined the FFA Venture Scale programme! These are challenging times & we’re excited to see how these businesses use technology to help solve some of Africa’s most pressing problems. #TechInnovation pic.twitter.com/wqEorkF5fm

    — FoundersFactoryAfrica (@FoundersFFA) March 30, 2020

    The four startups will also be open to further investment from Founders Factory Africa’s pan-African corporate investors – Standard Bank and Netcare once they get their value propositions proven. The startups will further get access to exclusive partnerships with the ventures platform including access to distribution channels, customer acquisition, pilots, data, IP and expertise.


    If you’d like to get featured on our Entrepreneur Spotlight, click here to share your startup story with us.


    SUBSCRIBE

    Get latest Technology news, reviews, business-related content with a deliberate emphasis on the African narrative and insightful analysis in Nigeria – straight to your inbox.


    Comments

    Share :
    • Facebook
    • Twitter
    • Google+
    • Pinterest
    • Linkedin
    • Email
    Oluwadamilare Akinpelu

    Oluwadamilare Akinpelu

    Oluwadamilare Akinpelu is a lover of the Tech World. He is a calm person and also a protean writer.

    Strictly for Registered SMSE
    Next article
    Strictly for Registered SMSE’s and FundMe Platforms, New Crowdfunding Regulations Could Disrupt Public Fund-Raising in Nigeria
    Africans to Suffer Slow Internet Service Due to Undersea Cable Damage Amid Calls for Reduction in Data Prices
    Previous article
    Africans to Suffer Slow Internet Service Due to Undersea Cable Damage Amid Calls for Reduction in Data Prices

    Related Posts

    • Reviews, Stories 16 hours ago

      Startup Review: How Selar Helps Creatives Sell Digital Products and Make Money Online

      Startup Review: How Selar Helps Creatives Sell Digital Products and Make Money Online
      Stories 19 hours ago

      My Identity Pay Launch its Biometrics Products for Payments and Digital Identities

      My Identity Pay Launch its Biometrics Products for Payments and Digital Identities
      Stories 21 hours ago

      GT Bank Comes Under Fire Over Excessive SMS and "SMS Alert VAT" Charges

      GT Bank Comes Under Fire Over Excessive SMS and “SMS Alert VAT” Charges
    • Reviews, Stories 23 hours ago

      Twitter Intensifies Fight Against Misinformation with Birdwatch Fact-checking Program

      Twitter Intensifies Fight Against Misinformation with Birdwatch Fact-checking Program
      Reviews, Stories 1 day ago

      Despite its Exclusivity Clubhouse is a Fun Place to be, Here's how to Join the Conversation

      Despite its Exclusivity Clubhouse is a Fun Place to be, Here’s how to Join the Conversation
      Stories 2 days ago

      How to Buy Bitcoin Without ID Verification in Nigeria

      How to Buy Bitcoin Without ID Verification in Nigeria

    Bitcoin Recent Prices

    Brandest

    Sign up for Newsletters

    Popular News

    • Safaricom and Vodacom to Take Control of mPesa with $13 Million Buyout from Vodafone
      Safaricom and Vodacom to Take Control of mPesa with $13 Million Buyout from Vodafone
      May 24, 2019 0
    • NCC Industry Stats: MTN Gained 3.4m New Internet Subscribers in Just One Month!
      NCC Industry Stats: MTN Gained 3.4m New Internet Subscribers in Just One Month!
      June 18, 2019 0
    • IrokoTV has a New Customer Acquisition Model: Telemarketing
      IrokoTV has a New Customer Acquisition Model: Telemarketing
      February 26, 2018 1
    • Nigerian Agritech Startup Hello Tractor Wins $15,000 in Bosch Africa Smart Mobility Competition
      Nigerian Agritech Startup Hello Tractor Wins $15,000 in Bosch Africa Smart Mobility Competition
      November 19, 2019 0
    • Oreoluwa Lesi’s W.TEC and 4 Other Organizations Win the 2019 Equals in Tech Awards in Berlin
      Oreoluwa Lesi's W.TEC and 4 Other Organizations Win the 2019 Equals in Tech Awards in Berlin
      December 1, 2019 0

    Follow Us

    Latest Tweets

    • technextdotng RT @CompumatrixUS: The latest Bitshares Magazine! https://t.co/uePVCoyK5b Thanks to @mkp513 @technextdotng @GKurlandski #leadership #leader…
      about 15 hours ago
    • technextdotng The new norm of online shopping has seen more business and entrepreneurs move online, so just posting your products… https://t.co/YOej1g1Bb9
      about 15 hours ago
    • technextdotng My Identity Pay has announced the launch of its new biometrics product focused on helping individuals and businesse… https://t.co/upAwF5siND
      about 16 hours ago
    • technextdotng RT @Gbemileke_B: @joinClubhouse has recreated the spontaneity of conversations online, where people can spontaneously jump into voice chat…
      about 16 hours ago

    Instagram

    technextdotng

    Technext.ng is the go-to site for news, reviews and insightful analysis in the Nigerian tech space.
    http://ow.ly/ayTM30mSlGS

    Clubhouse, a new type of networking app has recrea Clubhouse, a new type of networking app has recreated the spontaneity of conversations online. The app uses an audio-based social network where people can spontaneously jump into voice chat rooms and talk about stuff together.

Clubhouse is “24/7 virtual panel” where you can jump in and even participate in the live audio rooms of friends, teammates, industry professionals and even celebrities like Kevin Hart, Oprah and Drake.

Read how to join in the fun at technext.ng
..
.
.
.
.
.
#Clubhouse #Apple #Ios #Iphone #Android #MobileApp #App #Mobile #Club #Gists
    Broadband penetration in Nigeria reached 45.07% in Broadband penetration in Nigeria reached 45.07% in November 2020, with 208 million active telephony subscriptions while active internet subscriptions hit 154.9 million. This is according to Prof Umar Danbatta, the Executive Vice Chairman of the Nigerian Communications Commission (NCC).

In the last five years, 3G and 4G base transceiver stations (BTS) in Nigeria have increased by 78% from 30,000 to 53,460 while 14,725km fibre optic transmission cables have been added to the pre-existing 47,000km, according to Danbatta.

#GSMA #Mobile #Internet #Africa #Data #internetconnection #internet #broadband #network #Africa #4G #5G #Technology #techstories #ICT #Nigeria #internet #Technology #connectivity #datacenter #traffic #technews #content #online #broadband #internet #industry #stats #statistics #rate
    Beware, Askamaya thugs are on the loose again! In Beware, Askamaya thugs are on the loose again! In December, Funke Akindele returned back on the big screens with Omo Ghetto: The Saga, a comedy film featuring some of the biggest names in the industry like Chioma Akpotha, Eniola Badmus.

Set in a parallel Lagos, the film centres around Funke in a dual role as Ayomide and Lefty – twin sisters who grew up in separate areas of the state. While Ayomide was raised in affluence within an estate, Lefty was raised in Askamaya ghetto before she moved to join her mother in a high-class estate.

Currently, the movie is the highest grossing Nollywood movie ever at N453 million.

Haven't watched yet? Read the full movie review on Technext.ng
#Nollywood #Nolllywoodmovies #nollywoodactress #Movies #Cinemas Nollywoodmovie #nollywoodactor #Review #Nigeria
    With the realization of one’s own potential and With the realization of one’s own potential and self-confidence in one’s ability, one can build a better world.
#TechNext #MondayMotivation
    72.8% of our voters opt to give out their old devi 72.8% of our voters opt to give out their old devices or go with the flow of things.

What do you do?
#Smartphone #gadget #Polls
    Top App Downloads in Africa (2020) 1. Egypt - 2.3 Top App Downloads in Africa (2020)
1. Egypt - 2.3 billion
2. S/Africa - 680 million
3. Nigeria - 640 million

Read more at technext.ng
#Payments #Africa #Fintech #Finance #Innovation #Technology #Nigeria #SouthAfrica #Egypt #Consumer #Kenya #Report #Gaming #Gamers
    Load More... Follow on Instagram

    Random News

    • Breaking: Nigeria Overtakes Algeria as Third in Africa as NCDC Reports 387 New Covid-19 Cases, 254 in Lagos
      Breaking: Nigeria Overtakes Algeria as Third in Africa as NCDC Reports 387 New Covid-19 Cases, 254 in Lagos
      8 months ago 0

      Nigeria has overtaken Algeria in third place on the African Covid-19 log as the Nigeria Centre for Disease Control (NCDC) ...

      Read More
    Copyright 2020 technext.ng | Privacy Policy | Media Policy