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Tulsa-based WriteSea has acquired CoverAI, a three-month-old Nigerian startup, in an undisclosed deal.
Google has selected 11 African startups for the first cohort of its “Google for Startups Accelerator: AI First” programme.
OctaFX announces a name change and launches a global campaign with the motto ‘Trading made clear’.
Seven months after Dash CEO was suspended to enable a financial audit, the Ghanaian fintech plans to downsize its workforce by 50% due to its inability to raise additional funding.
Pan-African data and intelligence company, Stears today announced its transition from B2C to B2B. The company has also launched intelligence solutions for businesses and professionals.
Stitch has secured a $25 million Series A extension in a round led by Ribbit Capital. The funds will be used to further develop its all-encompassing payment solutions.
In the last six years, Techstars Toronto has made 100 investments in startups across the globe. 40 of these investments are in Africa.
Root has secured $1.5 million in additional funding to drive its UK and European growth plans.
Revio, a South African fintech startup specialising in payment orchestration, has successfully secured $5.2 million in seed funding to advance its efforts in simplifying and optimising payment processes across the African continent
Enza Capital has closed a $58 million funding round across two funds. The VC firm has also launched its partner program for startup founders.
Incentro Africa has filed insolvency against Kenyan agritech startup, Twiga Foods for its failure to remit KES 39 million ($263,691).
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