Johnstone Kpilaakaa

At least five African tech startups shuttered in H1 2023

In the last six months, at least five tech startups operating in Africa have shut down, others have pivoted or scaled down operations.

Eden Care becomes first Rwandan company to join Y Combinator

Health-focused insurtech Eden Care is the first Rwandan company to join Y Combinator (YC). The company is participating in the on-going summer batch of the accelerator.

VC investments in African tech dropped by 48% in the first half of 2023

African tech startups raised over $1.3 billion in H1 2023, according to BD Funding Tracker. This is a 47.69% decline from the period under review last year.

BD Insider 168: Analysis of Google’s BFF shows a decline in Africa

Nigeria remains the preferred destination for the Google Founders Fund in Africa, dominating the three cohorts since the fund was launched.

7 things you didn’t know you could do with MacBook Pro Touch Bar

Apple products are known to be well-polished, offering simplified user experience across all its products. Macs are no exception. If you're one of the millions of Mac users, you've probably come across a few MacOS features that have surprised you.

BD Insider 167: Visa’s long-standing interest in African fintech

Letter 167 explores Visa's plan to invest in African fintech startups, ThriveAgric's journey: From a turbulent 2020 to an incredible 2022 and unification of the exchange rate.

BD Insider 166: Examining the controversies at Binance and the CBN

In this letter, we examined the suspension of Godwin Emefiele, the governor of the Central Bank of Nigeria and the local regulator's stance on Binance operations in Nigeria.

Moniepoint is planning to leverage M&A for its next growth stage

After Moniepoint led Payday’s $3 million seed round in March 2023, it was rumoured that the company wants to acquire the neobank in a cash and equity deal for under $40 million.

Moniepoint is planning to leverage M&A for its next growth stage

A few weeks ago, Moniepoint appointed Ross Strike as its new Head of M&A and Investor Relations. What does this mean for the company?

UK fintech Unlimit makes its second African expansion, acquires Kenyan PSP licence

Two months after launching operations in Nigeria, UK fintech Unlimit has acquired a PSP licence in Kenya.

Flutterwave partners Token.io to provide A2A payments for African e-commerce merchants

African fintech company Flutterwave has partnered with Token.io, a leading account-to-account (A2A) payment infrastructure provider to enhance African e-commerce merchants' access to European customers.

Helium Health secures $30M Series B to expand its fintech offering in Africa

Helium Health, a Nigerian healthtech that provides SaaS tools, financing, and insights to healthcare providers and public health organizations, has raised $30 million in Series-B funding.