Moove raises $76 million in new funds to fuel further global expansion

The latest investment led by Mubadala Investment Company brings Moove's total funding to $335 million across debt and equity

BD Insider 175: Inside Sendy’s planned shutdown and acquisition

Kenyan logistics startup Sendy says it's in the middle of an acquisition process. We also covered the World Bank's decision to pause lending to Uganda over anti-LGBTQ+ law.

World Bank pauses financing to Uganda over anti-LGBTQ law

On Tuesday, World Bank announced that it will not provide new loans to Uganda due to its anti-LGBTQ laws. “Uganda’s Anti-Homosexuality Act fundamentally contradicts the World Bank Group’s values,” the Bank said in a statement seen by thecondia.com.

Credley launch new product to help startups increase employees benefits

The dynamic feature empowers companies to provide their staff with exclusive deals, benefits, and even an inflation allowance, all within Credley’s innovative platform.

Spotify introduces its AI DJ feature in 18 African countries

Spotify has announced the roll out of its AI feature 'DJ' to its premium subscribers in 18 African countries including Nigeria, South Africa and Ghana, six months after launching the feature in North America.

Elon Musk’s X rolls out Ads revenue sharing for verified accounts in Nigeria

X (formerly Twitter) has rolled out its Ads revenue sharing model in Nigeria. On Tuesday, several users in the country confirmed receipt of the first payout.

Egyptian cybersecurity startup Buguard raises $500,000 Seed

Buguard has raised a $500,000 Seed to offer offensive security against dark web cyber attacks to its client across the world. The round was led by A15.

Glovo and Chowdeck named as delivery partners to West Africa’s largest QSR chain

West Africa's largest quick service restaurant (QSR) chain Chicken Republic has announced Glovo and Chowdeck as its delivery partners in the country.

BD Insider 174: SA, KE, and Ghana surpass Nigeria on world passport rankings

SA, KE, and Ghana surpass Nigeria on world passport rankings. We also covered Kenya's first virtual open university and the suspension of TikTok in Senegal

Big Cabal Media cuts 19% of its workforce, cites “harsh market conditions”

Pan-African media company Big Cabal Media has downsized its workforce by 19%. The company intends to double down on its tech media publication and data analytics arm.

Here’s what happened at Nigeria’s FinTech Forum 2023 event

The Nigerian FinTech Forum annually provides a veritable platform for discussions and deal-making between leading financial technology stakeholders.

Tinubu nominates CcHUB CEO ‘Bosun Tijani for ministerial role

Nigerian President Bola Tinubu has nominated CcHUB co-founder and CEO 'Bosun Tijani for a yet-to-be disclosed ministerial role in his administration.