BD Insider: Flutterwave responds to 86fb/86z’s allegations of maliciously freezing and extorting its funds

In this letter, we covered Meta's response to allegations of poor work conditions at its contractor’s hub in Kenya and Flutterwave's response to 86fb/86z allegations

OnePort 365 secures $5 million seed funding to digitize freight management in Africa

OnePort 365 has raised $5 million in seed funding to drive the end-to-end digitisation of freight management in Africa and support its expansion into new markets across the continent.

Eden Life acquires Lynk for strategic partnership in Kenya

Eden Life, Africa’s first home concierge services scheduling platform, has acquired Lynk, the former technology company connecting informal workers to job opportunities across Kenya.

The Central African Republic adopts bitcoin as legal tender

The Central African Republic (CAR) has adopted bitcoin as legal tender. Making CAR the first African country and the second country in the world to make the adoption—after El Salvador.

MTN announces Nigeria’s largest commercial paper issuance – worth ₦127 billion

MTN Nigeria's new funding is in accordance with the company’s strategy to diversify its financing options, with the proceeds being deployed towards working capital and general corporate purposes.

CcHub launches GoVote to educate and mobilise Nigerians elections

GoVote.ng is a platform and campaign to educate Nigerians on how to register to vote in the country’s General Elections and mobilise them to do so.

Farmerline lands $12.9m pre-Series A funding to consolidate infrastructure

Farmerline delivers quality farm inputs and education on the best farming practices through partner agribusinesses.

BD Insider: How the University of Johannesburg is using blockchain to fight certificate fraud

In BD Insider, Letter 110, we covered the University of Johannesburg's plan to issue blockchain-based certificates for graduates and YC’s most valuable African startups.

CcHUB, Google presents 9 startups for Fintech Incubation Programme in Rwanda

Over the next three months, CcHUB will be supporting the 9 selected startups to achieve product stability and scalability, market readiness and investment.

Stitch launches Linkpay to enable tokenised and secure one-click payments

With Stitch LinkPay, businesses in South Africa and Nigeria can enable users to link their financial accounts and pay securely via instant bank transfer, in seconds.

Startup Incubators

Incubators focus on startups who have disruptive ideas. They help flesh out these ideas and provide the right environment, resources and people to make the idea blossom to a profitable business.

Equiano lands in Lagos, set to boost internet connectivity and slash prices

Google and cable landing partner WIOCC has announced the landing of the state-of-the-art Equiano subsea cable in Lagos, Nigeria.