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Klas, a Nigerian edtech startup, secured $1 million in pre-seed funding. Its strategy involves scaling across Africa and extending its online teaching platform to India and North America.
On February 3, President Macky Sall indefinitely postponed elections that were meant to hold on February 25
MultiChoice has also revealed Canal+ has upped its shareholding in the company from 31.67% to 35.01%..
Canal+ has put forward a non-binding offer to purchase MultiChoice. If the deal goes through, the French TV company will increase its dominance across the continent.
The report, which aims to provide a comprehensive view of the African tech funding ecosystem, reveals that, in line with the global downturn in venture capital funding, the African tech sector saw a significant slowdown in 2023.
Download our 2023 African Startups Funding Report
As part of the relocation, Bboxx plans to invest $100 million into the East African country and train some 500 Rwandans in the next five years
United Kingdom-based low earth orbit (LEO) satellite communications firm OneWeb is bullish on conquering the South African internet connectivity space
For its 2024 winter batch, Y Combinator has selected two Nigerian fintech startups, Cleva and Miden, along with one Kenyan travel tech startup.
For those aspiring to join the ranks of Africa's elite Growth Engineers, alGROWithm's GTAP is not just a program; it's a transformative journey.
South African game publisher, Carry1st is Sony's first African investment via its $10 million Sony Innovation Fund for Africa.
In 2023, Pade paid out ₦11.473 billion in salaries for its clients, recording a 41.1% average annual increase. The average salary disbursed was ₦240,000.
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