MIT And Harvard Agree To Transfer Edx To Ed-Tech Firm 2U

Massachusetts Institute of Technology [MIT] and Harvard University have announced a major transition for edX, the nonprofit organization they launched in 2012 to provide an open online platform for university courses: edX’s assets are to be acquired by the publicly-traded education technology company 2U, and reorganized as a public benefit company under the 2U umbrella.

Read More
Leave a comment

Jiji Acquires Cars45 as Part of Plans to Diversify its Business

One of Africa’s largest e-commerce platforms, Jiji has acquired cars45, an online marketplace for people to buy, sell or swap used cars. This is part of Jiji’s plan Jiji to explore a different business model from classified for the first time since its launch in 2014. This transaction will be the first of its kind since 2014 that Jiji will explore a business outside its usual classifieds model, which has brought it profitability according to the company.

Read More
Leave a comment
TEF Entrepreneurs 2021

The Tony Elumelu Foundation And DEG Partner To Empower 200 Entrepreneurs Across Africa

The Tony Elumelu Foundation (TEF), Africa’s leading philanthropy empowering young African entrepreneurs from all 54 African countries, has partnered with DEG, the German development financial institution supporting the private sector in emerging-market countries, to empower an additional 200 entrepreneurs across Africa.

Read More
Leave a comment

Meet the 5 Nigerian Startups Selected for Y Combinator 2021 Cohort [YC W21]

Ten African tech startups that took part in the Y Combinator Winter ‘21 batch will today pitch to an audience of investors and other interested parties at a virtual demo day. The Y Combinator Winter 2021 batch will ensure selected startups receive US$125,000 in seed funding and tap into further investment opportunities at the demo day.

Read More
2