BD Insider 199: Telkom Kenya gets new ownership

August saw the formation of a Kenyan parliamentary committee tasked with investigating the operations and activities of Sam Altman's crypto initiative, Worldcoin, within the nation.

Google AI Accelerator backs Famasi and 10 other African startups

Google has selected 11 African startups for the first cohort of its “Google for Startups Accelerator: AI First” programme.

Trading made clear: OctaFX becomes Octa, launches global campaign

OctaFX announces a name change and launches a global campaign with the motto ‘Trading made clear’.

Google AI Accelerator backs Famasi and 10 other African startups

Google has selected 11 African startups for the first cohort of its “Google for Startups Accelerator: AI First” programme.

BD Insider 198: VFD goes public on Nigerian Exchange

VFD has received approval to list its shares on the Nigerian Exchange Limited. We also cover the launch of Paystack's virtual terminal.

Exclusive: Troubled Ghanaian fintech, Dash set to lay off 50% of its staff

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.

Stears transitions to B2B, launches intelligence solutions for businesses

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.

South African fintech, Stitch secures $25 million Series A extension

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.

BD Insider 197: Nigerian Police ask residents to be wary of dating sites

Important warning: Nigerian Police urges caution on dating sites. Also, insights on Kenya's PAPSS membership and MTN's remittance play in South Africa.

BD Insider 196: Techstars Toronto backs 10 African startups in 2023 summer cohort

10 African startups selected for Techstars Toronto's 2023 summer cohort. We also curated other noteworthy information including opportunities for African founders and Nigerian SMEs.

Africa accounts for 40% of Techstars Toronto’s investment portfolio

In the last six years, Techstars Toronto has made 100 investments in startups across the globe. 40 of these investments are in Africa.

South African insurtech startup, Root secures $1.5M to fuel UK and European expansion

Root has secured $1.5 million in additional funding to drive its UK and European growth plans.