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Three years ago, Uber disclosed its plan to be a zero-emission platform by 2040, a commitment that is worth about $800 million, according to Dara Khosrowshahi, Uber's CEO.
Payday, with over 330,000 users and 40,000 daily transactions, has raised a $3 million Seed round led by Moniepoint Inc., a later-stage financial services holding company.
Fez Delivery, a leading logistics and delivery company, has raised a $1 million seed fund in a round led by Ventures Platform.
HiiL’s Justice Accelerator focuses on preventing and resolving justice problems. HiiL has supported more than 120 justice innovations worldwide since 2011.
Twitter is rolling out the legacy verified program that allows notable individuals to have blue checkmarks next to their names, the checkmarks will only be left for Twitter Blue subscribers.
The Central Bank of Nigeria has disclosed that eNaira transactions have experienced growth amidst the ongoing cash crunch in the country. The value of transactions has surged to 63%.
Financial gateway service provider, PAYM8, in partnership with WIZZIT, has introduced its Tap-on-Phone SoftPOS solution in South Africa, to offer an alternative to traditional point-of-sale devices.
President Buhari has inaugurated the National Council for Digital Innovation and Entrepreneurship with the mandate to guide the implementation of the Nigeria Startup Act.
Some former employees of Sama in Kenya, Meta's ex-local content moderator have sued both companies over illegal sacking and blacklisting. This is the third time these companies will be sued for issues related to content moderation.
Dubai-based fintech group, Credable has raised a $2.5 million seed round led by a pan-African VC fund, Ventures Platform Fund IV LP.
Nigerian fintech company, OnePipe has raised a $4.8 million debt financing from TLG Capital, it has also laid off at least ten employees and the executive team has taken a pay cut, according to media reports.
The Nigerian government in collaboration with local and international partners have launched a $618 million fund to invest in the country's digital and creative industries.
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