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Nigeria’s Helium Health Launches Venture In Kenya. Two Other Things And A Trivia

This line-up of stories will help you discover the latest happenings around the tech world, today.

1. Nigeria’s Helium Health launches venture in Kenya

Nigerian startup Helium Health has thrust its foot into Kenya as it looks to expand its venture.

Then startup is an electronic medical records (EMR) and hospital management information (HMI) systems provider.

In 2016, the startup was founded as an initiative looking to take hospitals and clinics instantly digital with its flagship Electronic Medical Records/Hospital Management Information System (EMR/HMIS) product.

Not long, its flagship system became the most widely used of such solution in West Africa with over 300 healthcare providers and over 5,000 health professionals using its technology in Nigeria, Senegal and Ghana.

In 2020, the startup closed a US$10 million Series A funding round to expand its African footprint.

Speaking on the development, Tito Ovia, co-founder of Helium Health, noted that Kenya is a good fit for the startup.

Tito said: “We have been planning to expand into Kenya’s thriving health-tech sector since last year, so we’re very excited to be hitting the ground running in 2021, already working with three new local partners to help improve efficiencies and provide a better service to patients.

“We believe there is a great opportunity to harness cutting-edge technology to help improve the way healthcare data is gathered and managed across Africa, so partnering with like-minded healthcare providers and facilities in Kenya is an excellent fit for us.”

Tech Trivia: Which year were Toyotas first sold in the US?

A. 1975
B. 1958
C. 1990
D. 1955

Answer: See end of post.

2. Egypt’s MoneyHash closes pre-seed capital

MoneyHash, a Cairo-based fintech, has Thursday announced closing an undisclosed pre-seed investment.

The new funding was led by Amir Farha’s COTU Ventures, a leading seed stage venture firm in the Middle East.

According to local media, other VC that participated included Kepple Africa Ventures, a VC based in Africa fostering growth of startups.

The startup is expected to use the funds to further develop its technology, expand its team and launch its services.

In 2020, the startup was founded by Nader Abdelrazik, Mustafa Eid, and Anisha Sekar.

Today, it is building a super Application Programming Interface (API) that will aggregate payment and fintech solutions, allow merchants to give their customers a unified checkout experience and access reports and data through a central dashboard.

3. Kenya’s Kune secures $1m pre-seed funding

Kune, a food-tech startup in Kenya, has secured a pre-seed funding round worth US$1 million to help it scale.

The startup delivers freshly-made, ready-to-eat meals at affordable prices.

Founded by French entrepreneur Robin Reecht in 2020, Kune is a food delivery service that aims to provide busy, modern Nairobians with access to freshly prepared meals at affordable prices.

According to local media, the startup aims at clients from all social groups.
Reecht, who spoke on the development, noted that the company spent three months designing the structure.

He said: “After three intensive months spent structuring the company, finding land for our factory, and hiring key team members, I started fundraising. I’m delighted that Kune has attracted this level of interest from investors who immediately saw the potential to grow Kune not only in Kenya but across Sub-Saharan Africa.”

Tech Trivia Answer: 1958

Toyota was formed on Oct. 31, 1957. Known as Toyota Motor Sales, U.S.A., Inc., the company established its headquarters in a former Rambler dealership located in Hollywood, Ca. Toyota began to make its first sales in 1958 with287 Toyopet Crown sedans and one Land Cruiser.

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EFCC Hands Over 753 Recovered Housing Units to Ministry of Housing

The Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Mr. Ola Olukoyede on Tuesday, May 20, 2025 handed over 753 units of houses recovered by the Commission at Plot 109 Cadastral Zone C09, Lokogoma District, Abuja to the Ministry of Housing and Urban Development.

The property, measuring 150,500 square metres and containing 753 Units of duplexes and other apartments, was recovered based on a final forfeiture order granted by Justice Jude Onwuegbuzie of the Federal Capital Territory, FCT, High Court Abuja on Monday, December 2, 2024

While handing over the property, Olukoyede reiterated the commitment of the EFCC to accountable asset recovery and disposal modalities, pointing out that such gestures are meant to “demonstrate to Nigerians that whatever proceeds of crime that we have recovered in the course of our work, the application of that will be made transparent to Nigerians so that we will not allow looted assets to be looted again”.

He also pointed out that “It is important for us to emphasize to Nigerians that the fight against corruption can work and we can really make it work and one of the key factors that actually propels the impact of the fight is the need for us to ensure that those who have stolen our commonwealth are not allowed to enjoy the proceeds of crime. So one of the critical factors of our works is that we deprive them of the proceeds of crimes”

He applauded President Bola Ahmed Tinubu’s stance on the fight against corruption, affirming that the handover of the property signaled the government’s seriousness to the fight against economic and financial crimes and other acts of corruption.

The handover took place in a brief ceremony at the Ministry’s headquarters in Mabushi, Abuja. Minister of Housing and Urban Development, Ahmed Dangiwa, praised the EFCC for its sustained commitment to asset recovery and anti-corruption. He further stated that the handover was a “significant milestone in our collective efforts and determination to ensure that recovered assets are put to productive use in ways that directly benefits the Nigerian people”.

Dangiwa assured that the Federal Ministry of Housing and Urban Development will conduct a joint familiarization tour of the estate, alongside the EFCC to properly access the structural state of the Estate.

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EFCC Arraigns Bankers, Three Others for Alleged Cybercrime in Lagos

The Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission, EFCC, Awolowo on Tuesday, May 20, 2025, arraigned the duo of Kehinde Odeyemi and Matthew Adeniyi Damilola, who are both employees of Premium Trust Bank, before Justice Alexander Owoeye of the Federal High Court sitting in Ikoyi, Lagos.

They were arraigned alongside Samson Latshin Dakup, Bolaji Omotosho Yinka and Sunday Badeniyi Okunola on a seven-count charge bordering on conspiracy to steal.

The defendants allegedly conspired to manipulate the server and domain credentials of the bank in a bid to gain unauthorised access to its database and steal depositors’ funds.

The planned fraudulent activity was, however, averted by the Commission.

One of the counts reads: “That you, Kehinde Odeyemi, Samson Latshin Dakup, Bolaji Omotosho Yinka, Sunday Badeniyi Okunola, and Matthew Adeniyi Damilola, along with individuals identified as Humble (at large), Wasiu (at large), Isa Ismaila (at large) and another referred to as Victor Joshua Ilemona aka Oracle, (at large), conspired unlawfully between April and May 2025 in Lagos, within the jurisdiction of this Honourable Court, to manipulate the access code (this included the bank’s server IP and domain credentials) of Premium Trust Bank Limited in a bid to gain unauthorised access to the entire database of Premium Trust Bank Limited for the purpose of committing an offense to wit: stealing from the bank’s funds, and you thereby committed an offence contrary to Section 27 and 28 (1) (b) of the Cybercrimes (Prohibition, Prevention, Etc) Act, 2015 (as amended, 2024), which is punishable under Section 28 (2) of the same Act.”

They pleaded not guilty to the charges when they were read to them.

In view of their pleas, prosecution counsel, Zeenat B. Atiku, prayed for a trial date and the defendants’ remand in a Correctional Centre.

Counsel to the first defendant, Adeleke Adepoju, urged the court to admit his client to bail in the most liberal terms. He stated that he didn’t have enough time to make a formal application.

Other counsel also sought to make oral applications for their clients.

Justice Owoeye, however, refused the applications and ordered the counsel to make formal bail applications before the court.

The judge ordered the first defendant to be remanded at the Kirikiri Correctional Centre.

The second, third, fourth and fifth defendants were ordered remanded at the Ikoyi Correctional Centre.

The matter was adjourned till June 30, 2025 for commencement of trial.

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Bank official testifies on suspicious deposits from Kogi LGAs linked to Yahaya Bello’s nephew

A senior official from Access Bank has detailed how billions of naira allegedly originating from various Local Government Areas (LGAs) in Kogi State were funneled into private accounts through suspicious transactions during the administration of former Governor Yahaya Bello.

Testifying before the Federal High Court in Abuja on Tuesday, Ofure Achille, former Head of Operations at Access Bank’s Lokoja branch, said the suspicious cash lodgments and withdrawals occurred over several years and were flagged and reported to the Nigerian Financial Intelligence Unit (NFIU).

Ms. Achille is the seventh prosecution witness in the ongoing trial of Ali Bello, a nephew to former Governor Bello and current Chief of Staff to Governor Ahmed Usman Ododo. He is facing 18 counts of money laundering involving the alleged diversion of N3 billion belonging to Kogi State.

Also standing trial are Abba Adaudu, Yakubu Siyaka Adabenege, Iyada Sadat, and Rashida Bello—accused of using shell companies and personal accounts to move massive sums.

The bank official testified that multiple transactions involving hundreds of millions of naira were inconsistent with the financial profiles of the account holders.

She cited examples including the E-Traders account operated by Jamilu Abdulahi, into which N30 million was deposited over two consecutive days in December 2021, followed by N40 million and another N30 million in early 2022.

“These transactions were flagged and reported to the NFIU as Suspicious Transaction Reports (STRs) under anti-money laundering laws,” she said.

Achille also revealed that accounts linked to co-defendants—including Fazab Business Enterprise and Hyzman Ary Construction Limited—received substantial funds from various Kogi LGAs. She noted that on 29 August 2017, Ary Construction received inflows totaling N171 million, with the first deposit of only N10,000 earlier that day.

The EFCC’s lead prosecutor, Rotimi Oyedepo (SAN), led the witness through documentary evidence detailing patterns of deposits and withdrawals that allegedly reflect the laundering of public funds.

The trial continues before Justice Obiora Egwatu as prosecutors build their case against the defendants in what has become one of the most high-profile corruption trials in recent years.

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