Ride-hailing, but for travel. Uber targets tourism in new drive

The expansion extends beyond Europe. In Greece, it is expanding its Uber Boat service from Mykonos to Athens, Corfu, and Santorini. Visitors can book rides to beach clubs and lesser-known destinations, capitalizing on seasonal peaks in tourism, part of a broader goal to become a one-stop shop for tourists.

China’s billion-dollar Africa renewables soft power play

China’s growing involvement in Africa has taken a greener turn with its latest commitment being a $50 billion support for the continent’s energy transition.

Kenya wants attention in Africa’s drone industry

Kenya fancies its position as a major player in Africa’s taking-off drone space, having had efforts spanning healthcare, agriculture, and logistics.

Ghana warms up to regulating crypto

Ghana is gearing up to be one of the next African countries to formally regulate cryptocurrencies.

Userguest, Morroco’s hospitality-focused startup secures $2.4 million to fuel expansion

Userguest has recently secured $2.4 million in funding to drive its expansion and fuel its product innovation across Africa

BD Insider: Safaricom’s response to Starlink

In today’s midweek update, we look at; Safaricom’s response to Starlink, OpenAI’s CEO joins forces with former Apple executives for new AI device company, Meta faces legal challenges in Kenya over content moderator layoffs.

Uber and Bolt drivers deal with this one-year-old Nigerian Fintech startup signals driver autonomy

The move comes at a time when ride-hailing drivers in Nigeria are facing increasing challenges.

Transsion CFO released from custody amid uncertainty

Although Xiao’s release brings some relief, the company remains in a precarious position

Ghanaian clean-tech startup, Kofa raises $5 million funding via SPV

Kofa Technologies has recently announced a $5 million fund raise via SPV to expand its battery swapping network with more stations in Ghana

Amid headwinds, Ethiopia’s ban on petrol cars causes EV takeup

With just 1.2M cars, it restricts gas-powered autos through high taxes, aiming to increase public transport and EV adoption amid low car ownership

BD Insider: CBN’s bold push for eNaira

In today’s midweek update, we look at; Central Bank of Nigeria to expand eNaira adoption, CFO of Africa’s largest smartphone maker detained amidst financial challenges, M-KOPA ordered to pay taxes in Kenya.

SA’s top digital bank grabs $9.5 million local backing for int’l drive

TymeBank's Singapore-based Holdco, Tyme Global, already making impressive strides in the region, spearheads its global push