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Seedstars Africa Ventures, an early-stage fund for startups in the African region, today announced that Bruce Nsereko-Lule has joined the team full-time as a General Partner based in Nairobi.
The Federal Government of Nigeria has suspended the implementation of the proposed 5% excise duty charge on telecom services in the country.
The Nigerian Government plans to establish virtual free trade zones for service exports alongside Binance and Talent City.
Carzami has closed an undisclosed pre-seed round led by Contact Financial Holding
Metaverse Magna (MVM) has secured a $3.2 million seed fund to build Africa's largest gaming decentralized autonomous organizations (DAOs).
Vodacom Tanzania has become the first telecom to launch the 5G service in Tanzania on September 1.
C. Moore Media International Public Relations (CMM), an African-focused tech PR agency has been acquired by Allison+Partners in an undisclosed deal.
Flutterwave has been granted a Switching and Processing License by the Central Bank of Nigeria (CBN).
In June when MFS Africa raised a Series C extension, the fintech company disclosed that it will expand into Nigeria as part of its pan-African expansion plan.
Duplo has raised $4.3 million in seed funding to launch new products and expand into new business verticals in Nigeria.
Zapper, a South African mobile payments company has partnered with payments and data API fintech Stitch (via LinkPay—a one-click payments product) to enable Zapper users to make instant electronic funds transfer (ETF) payments with a click.
Eke Urum, Risevest's CEO has stepped down indefinitely due to allegations of sexual and non-sexual misconduct.
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