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According to the World Bank, Nigeria accounted for the highest remittance flow into Sub-Saharan Africa in 2022.
Pan-African Seed VC fund, P1 Ventures has completed the first close of its $50m fund to invest in African startups with transformational software businesses.
Kenya gets more funding to drive e-mobility. We also covered the latest about BioNTech's vaccine factories in Africa and the landing of 2Africa in DRC.
Out of the 12 startups in the FA23 cohort, nine are Nigerian, and one each from Kenya, Tanzania, and Ghana. Also, fintech startups dominated the cohort.
The Central Bank of Nigeria (CBN) on Wednesday announced that it has unveiled a digital platform for the submission of Microfinance Bank (MFB) licence applications.
EBANX has expanded into eight African countries: Ivory Coast, Egypt, Ghana, Morocco, Senegal, Tanzania, Uganda, and Zambia. The LatAm fintech unicorn is now present in eleven African markets.
The Digital Quality of Life Index is an annual study that ranks 121 countries by their digital well-being based on five core pillars—internet quality, internet affordability, e-security, e-infrastructure, and e-government.
Ivorian e-commerce startup, ANKA has recently closed a $5 million pre-Series A extension, this latest round brings ANKA’s total pre-Series A to $13.5 million.
Former co-founder and CEO of 54gene, Abasi Ene-Obong has co-founded another genomics startup, Syndicate Bio.
Roam (formerly Opibus) has launched Kenya's first locally manufactured electric bus, to power a truly sustainable mobility ecosystem that electrifies the region’s public transport network.
Ahead of the United Nations General Assembly this week, Bosun Tijani, Nigeria's minister of communication, innovation and digital economy has released the agenda that he intends to pursue at the sidelines of the assembly in New York.
Kenya's president, William Ruto was in Silicon Valley last week to pitch his country as “Africa’s business process outsourcing and creative economy hub”. How did it go?
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