Johnstone Kpilaakaa

MoneyHash gets $4.5M to fix payment failures in Africa & Middle East

Egyptian fintech startup, MoneyHash, secured $4.5 million in seed funding to bolster its payment orchestration platform across Africa and the Middle East.

How AFCON 2023 scored a 300% revenue boost for content creators

African creators' earnings during the recent African Cup of Nations in Côte d'Ivoire, jumped by 300%, according to StarNews Mobile.

BD Insider 222: Uber in talks to invest ~$100 million in Moove

Inside: BDC reforms in Nigeria, Kenya's national digital ID programme and the truth about Gmail.

Verod buys i-Fitness stake for $12 million in PE Shuffle

West African private equity firm Verod has acquired a 65% stake in Nigeria's leading fitness chain i-Fitness from CardinalStone in a $12 million deal.

Meet the Africans behind Ocular AI: The startup making history at Y Combinator

Silicon Valley startup Ocular AI, founded by a Zambian and Zimbabwean software engineer duo, has been selected for the Y Combinator Winter 2024 batch.

Laid-Off Twitter Africa team finally receives severance

More than a year after X (formerly Twitter) laid off its Ghana-based Africa team, the company has finally resolved the severance dispute with the employees after facing advocacy and legal pressure.

BD Insider 221: EFCC drops charges against Nigerian fintech Leatherback

The Disha link in your bio won't work anymore. Also inside, we cover Africa’s biggest streaming platform and the latest on EFCC charges against Nigerian fintech Leatherback.

Breaking: Flutterwave shuts down Disha temporarily

Disha, a popular no-code platform owned by Flutterwave, will temporarily shut down operations effective March 31, 2024.

One year later, Moove is still doubling down on its Indian bet

Barely a year after expanding into India, Moove, a Nigerian mobility startup has secured $10 million to expand its vehicle financing offering to more cities.

Breaking: Vella Finance acquired by Carbon, renamed as Carbon Business

Carbon has acquired Vella Finance and launched an AI-driven business banking platform in a deal whose terms remain undisclosed.

In four charts: How African startups raised $74M in January 2023

In January 2024, African tech startups secured $74 million across 24 deals comprised of both equity and debt, according to BD Funding Tracker.

Access Holding picks Bolaji Agbede as acting CEO following Hebert Wigwe’s demise

Bolaji Agbede, the highest-ranking executive at Access Holdings, has been named the acting group CEO of Nigeria's largest bank following the passing of Herbert Wigwe, its former chief executive.