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Fintech

Nigerian fintech, Bujeti secures $2 million seed round, led by YC

Nigerian fintech startup, Bujeti has secured a $2 million seed in a round led by Y Combinator

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Taking the bait, Starlink gears to launch in South Africa

South Africa's telecoms regulator has discreetly granted "type approval" certificates to three local companies authorised by Starlink.

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Egyptian digital auto-marketplace, Mtor raises $2.8 million pre-seed

Egyptian digital marketplace for auto parts, Mtor raises $2.8 million pre-seed to double down its efforts to digitise local car workshops.

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Exclusive: Co-founder conflict forces YC-backed fintech, Pivo to shut down

A year after raising a $2 million seed round, Nigerian fintech startup, Pivo is shutting down due to a co-founder conflict, according to sources familiar with the matter.

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Why Bitmama is acquiring Payday

Bitmama, a Nigerian blockchain startup is seeking to acquire Payday, aiming to strengthen its cross-border payment services. The deal is yet to be finalised.

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U.K. govt introduces fresh visa rules to further control migration

To reduce net immigration, the U.K. has announced a new set of measures for people with plans to move to the country.

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El-Rufai to launch $100M fund for startups in Northern Nigeria

Nasir El-Rufai, former governor of Kaduna state has revealed that he plans to launch a $100 million venture fund to invest in the innovative ideas of young Nigerians, starting with the tech ecosystem in Northern Nigeria.

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Sky.Garden makes a comeback a year after its acquisition by Lipa Later

Kenyan e-commerce startup, Sky.Garden has relaunched operations, one year after its acquisition by Lipa Later, a Kenyan fintech.

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OneWeb looks to rival regulation-hit Starlink in South Africa

OneWeb, owned by satellite operator Eutelsat, is set to introduce its low-earth orbit (LEO) broadband service in South Africa.

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Sam Altman officially resumes CEO role at OpenAI

Sam Altman has returned to Open AI as CEO, barely a fortnight after being ousted by the board at the artificial intelligence startup

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Kenya’s startup bill set to become law by April 2024

President Williams Ruto has announced that the Kenyan Startup Bill will be signed into law in April 2024. Here are a few things you need to know about the legislation.

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We tracked over 26 African tech acquisitions in 2023

As of November, we tracked about 26 acquisitions in the African tech ecosystem, with the fintech sector representing the highest number of deals in 2023.

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