BD Insider 115: Prediction on Open Banking Guidelines Timeline

In this newsletter, we predict how long till the CBN passes the final guideline for Open Banking in Nigeria. We also report on African deals from the previous week.

Uber records one billion trips in Africa

Uber has completed one billion rides across its African routes, which is over 10 billion kilometres in distance.

Digital health platform, Esaal completes $1.7 million seed round

Esaal will use the new fund to expand across the MENA region, as well as invest in product development, brand development, and talent acquisition.

After adopting Bitcoin, CAR wants to build a crypto hub

Almost a month after adopting Bitcoin as a legal tender, the Central African Republic, CAR has announced its plan to create a “crypto economic zone”.

AfriLabs launch academy to promote emerging technology across Africa

AfriLabs Academy has been developed by Africans for Africans hubs with the focus firmly on the challenges and realities that currently subsist in Africa.

Zuri Health secures $1.3m pre-seed to expand products and penetrate new markets

The funding will be used to further build out its digital platform, grow its product offerings, and launch operations in new markets.

Pan-African fintech app, Bamba lands $3.2 million seed funding

Through an android application, Bamba allows micro-merchants across Africa to run their entire business utilising their phones. Funds will be used to scale the platform.

Autochek acquires KIFAL Auto to drive its North African expansion

Autochek has acquired KIFAL Auto to drive its expansion into North Africa. The acquisition is arguably the first major expansion of a West Africa-based startup into the region.

How to apply for the 2022 Black Founders Fund for Africa

Google for Startups has opened applications for the second cohort of the Black Founders Fund for Africa.

Carepoint secures $10 million to make healthcare accessible for Sub-Saharan Africans

The funds injection will be used to sustain Carepoint's growth, improve its technology and create more products

BD Insider 114: ⏰Timeline of the SEC’s crypto stance

For BD Insider #114, we examined Nigeria's SEC recent crypto guidelines and Microtraction's updated deal.

Topship lands a $2.5 million seed round for international shipping

The funds will be used to expand to other African countries, improve its asset-light technology and build out a proprietary global shipping infrastructure.