The unveiling of the Timbuktoo Fintech Hub in Lagos on Tuesday marked a significant boost for the $1 billion initiative by the UNDP, African governments, and the private sector to ignite startup innovation across the continent
Nala, a fintech startup that started out with affordable money transfers in Tanzania, just raised $40 million in a Series A led by San Francisco-based Acrew Capital, with contributions from investors like DST Global, Norrsken22, and notable angels: Ryan King and Vlad Tenev
In Zimbabwe, the entry of Starlink, Elon Musk’s disruptive satellite internet platform, is causing a stir. After getting a license two months back, the service plans to launch in the third quarter of 2024, pushing local internet providers to rethink. Zimbabwe’s internet has long been expensive and limited in coverage. Average data costs are higher […]