Nigeria inaugurates digital innovation council to drive Startup Act

In line with the Nigeria Startup Act, President Muhammadu Buhari has inaugurated the National Council for Digital Innovation and Entrepreneurship to drive the adoption of the Act.

SA fintech Peach Payments secures $31 million Series A

South African-founded fintech Peach Payments has secured $31 million Series A funding from equity fund manager Apis Growth Fund II.

With $53M, Nigeria will install free internet at airports and other public spaces

The Nigerian government has approved $53 million for the installation of free internet services at 20 selected airports, six markets and 43 universities across the country.

Kenya gets $378 million EU loan to roll out electric BRT system

The European Union has approved a $378 million financing for Kenya to boost the country’s Bus Rapid Transport System which will be run by EVs.

Shuttlers secures $4M to drive its shared-mobility offering in Nigeria

Nigerian shared-mobility startup, Shuttlers has raised $4 million in equity funding to expand its offering across the country. The funding round was led by Verod-Kepple.

Africa Development Centre Kenya is affected by Microsoft’s global layoffs

Barely 24 hours after rumours started about layoffs at Microsoft ADC Kenya, an employee has confirmed that he was affected by the layoff which is part of a global job cut at the big tech.

Paystack CEO doubles down on his effort to build a football empire

Shola Akinlade, Paystack co-founder and CEO has acquired a 55% stake in Aarhus Fremad, a Danish football club. This acquisition will bolster the growth of his Nigeria-based club, Sporting Lagos.

Uber wants to roll out EVs in Africa, but it needs the government

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 raises $3 million Seed funding to drive product expansion

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 secures $1M seed to deepen its last-mile logistics offering in Nigeria

Fez Delivery, a leading logistics and delivery company, has raised a $1 million seed fund in a round led by Ventures Platform.

Call for Applications to the Next Cohort of the HiiL Justice Accelerator Programme

HiiL’s Justice Accelerator focuses on preventing and resolving justice problems. HiiL has supported more than 120 justice innovations worldwide since 2011.

Starting April 2023, Twitter’s legacy blue checkmarks will be revoked

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.