Advertisement

Andrew Christian

Andrew is a reporter, analyst and features journalist investigating the forces shaping Africa's digital economy.
News

China’s EV players chart course for Morocco amid subsidy squeeze

Chinese electric vehicle manufacturers are shifting to Morocco amid US, EU restrictions, as trade deals and resources attract major investments in the Kingdom's cleantech market

News

Post-election internet cut leaves Mauritanians in the dark

As Mauritania readies for President Ghazouani's inauguration, the gov't faces pressure to address the public's concerns

Ecommerce

After shaking up SA, Chinese e-com brands chase Africa at large

Their success in South Africa, driven by affordability and variety, showcases the potential for growth in other parts of the continent

Tech Jobs

For African tech workers, side hustles are now a must

Given the precarious layoff season, startup employees are increasingly turning to extraprofessional work

Arican Markets

First SVB, now Mercury. US banks leave African startups in dire straits

Mercury’s stumble from fintech hero to a target of federal scrutiny highlights the complex interplay between rapid growth, regulatory compliance, and financial stability

News

Starlink mulls Liberian launch

In a virtual meeting, Liberian President Joseph Nyuma Boakai treated with world wealthiest man Elon Musk, about the potential launch of Starlink in Liberia.

News

South Africa’s 2G/3G switch-off timeline raises industry concerns

While the gov't aims to advance digital infrastructure, stakeholders urge caution and a more gradual, collaborative approach

Electric Vehicles

Major EV drive sees Kenya ramp up charging infrastructure

With companies like Moja EV Kenya, Simba Corp, TotalEnergies, and NCBA leading the charge, the country is set to witness a significant increase in EV adoption

Cybersecurity

Africa’s fourth-largest miner suffers cyberattack

This adds to the rising count of South African entities that have seen cyber attackers come for their data

Fintech

Tanzania’s Nala nabs $40 million in double down on its new payments infrastructure

In March 2024, the startup began foraying into the B2B payments sector via launching Rafiki, integrating directly with banks and mobile money providers.

News

Tanzania’s Nala nabs $40 million in double down on its new payments infrastructure

Nala, a fintech startup that started out with affordable money transfers in Tanzania, just raised $40 million in a Series A led by San Francisco-based Acrew Capital, with contributions from investors like DST Global, Norrsken22, and notable angels: Ryan King and Vlad Tenev

Funding Tracker

African startups raised $652.4 million in H1 2024 as the downward funding trend continues

This figure marks a weighty decrease of about 50.2% compared to the $1.31 billion raised in H1 2023, according to data from BD Funding Tracker

Advertisement