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BD Insider 159: Internet shuts down in Sudan as crises escalates

BD Insider 159 examines the internet shutdown in Sudan, Gluwa's $35 million investment in African crypto exchanges and the ongoing restructuring at Kuda Bank.
8 minute read
BD Insider 159: Internet shuts down in Sudan as crises escalates
Photo: A Sudanese man holds his phone with restricted internet access social media platforms, in Khartoum, Sudan. Credit: Quartz Africa

Letter 159 covers:

  • the ongoing restructuring at Kuda Bank
  • the internet shutdown in Sudan
  • Gluwa’s $35 million investment in African crypto exchanges

and other noteworthy information like:

  • the latest African Tech Startup Deals
  • opportunities, interesting reads and more

The big three!

Kuda Bank dismisses new Chief Strategy Officer

Correction: The email version of this newsletter stated that Kuda reportedly lost $6 billion. We have edited it here to represent the correct figure—₦6 billion.

The news: Last week, Kuda Bank dismissed its chief strategy officer (CSO), Elena Lavezzi, according to Semafor Africa. The report says that Elena’s dismissal is part of an ongoing restructuring of the digital bank’s executive team.

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Last updated: December 26, 2024

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