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African fintech unicorn, Flutterwave has acquired two additional licenses in Rwanda, three years after it launched operations in the country.
African genomics company, 54gene has appointed Ron Chiarello as its new CEO. Amidst a $100 million valuation slash and job cuts, the company wants to raise additional capital.
Egypt-based VC firm, Flat6Labs has launched a $95 million fund to invest in startups in Sub-Saharan Africa with a goal to back over 170 startups in the next five years.
The National Identity Management Commission says Nigerian citizens resident in the country will be charged a ₦1000 fee for NIN verification for each Nigerian passport application.
Garry Tan, YC's president has disclosed that the accelerator is shutting down its $700M Continuity Fund targeted at growth-stage startups, this will affect 20% of YC's employees.
FairMoney, a Nigerian fintech company has acquired PayForce, a sub-brand of YC-backed CrowdForce in an undisclosed deal.
Effective May 17, 2023, all mobile operators are mandated by the Nigerian Communications Commission to migrate from diverse short codes to harmonised codes. We curated a list of the new codes.
The Central Bank of Nigeria says old Naira notes will remain legal tender until December 2023 as ruled by the Supreme Court. This is coming a few hours after President Buhari distanced himself from the bank's non-compliance with the ruling.
Dream VC, an investor accelerator platform focused on the African tech ecosystem, has today opened up applications for its 2023 venture capital fellowship programs.
In 2021, SVB led a $100 million investment into Chipper Cash, the company's CEO says "SVB owns a very small part of Chipper; [about] 2%."
Nigerian edtech company, uLesson has launched a tertiary education arm, Miva Open University to offer distance e-learning opportunities to Africans.
Andela has acquired Qualified, a technical skills assessment platform, for an undisclosed figure. We examine this acquisition and the company's acquisition.
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