News

Flutterwave is partnering with IATA to facilitate flight payments in sub-Saharan Africa

Flutterwave has joined International Air Transport Association's payment orchestration platform to enable global airlines to collect local currencies.

News

Uganda to impose 5% tax on non-resident digital companies

On Tuesday, the Ugandan Parliament amended its Income Tax Act to include tax from non-resident digital service providers like Meta, Google, Amazon and other big tech companies operating in the country.

News

Flutterwave launches Tuition, responds to growing FX demand for international school fees

Flutterwave has launched Tuition to allow African users to pay various fees to educational institutions within Africa and overseas using their local currencies.

News

BD Insider 170: Telecoms attracted $75.6 billion investment in Nigeria

MTN Group says it will invest over $3.5 billion in Nigeria in the next five years. We covered this and India's plan to establish a technology institute in Tanzania.

News

BD Insider 169: Safaricom wants to invest in more African startups

Safaricom plans to launch two venture capital firms to invest in African startups. We also covered the Nigerian presidential committee on fiscal policy and tax reforms.

News

Nigerian government suspends 5% telecoms tax

President Bola Tinubu has suspended the implementation of 5% excise duty on telecom services to address business unfriendly fiscal policy measures and multiplicity of taxes.

Fintech

Mobility fintech Moove raises $8 million to expand its fleet in Ghana

The funding will be used to bolster Moove’s expanding vehicle fleet in Ghana

News

Nuru’s $40 million Series B will drive electrification in DRC

Cleantech startup Nuru has secured a $40 million Series B to drive its efforts to provide 24-hour electricity to five million people in the Democratic Republic of Congo.

News

Meet the 15 finalists for the $10,000 Pitch2Win 2023 contest

The grand finale of the Pitch2Win Competition will take place on July 11th 2023 in Lagos, Nigeria, and will be marked by a memorable award ceremony.

News

Eden Care becomes first Rwandan company to join Y Combinator

Health-focused insurtech Eden Care is the first Rwandan company to join Y Combinator (YC). The company is participating in the on-going summer batch of the accelerator.

News

VC investments in African tech dropped by 48% in the first half of 2023

African tech startups raised over $1.3 billion in H1 2023, according to BD Funding Tracker. This is a 47.69% decline from the period under review last year.

News

DevCareer and UK-Nigeria Tech Hub announce partnership to digitally upskill 1700 Nigerians

The program aims to bridge the digital skills gap and is open to individuals from diverse backgrounds, ensuring inclusivity and equal access to opportunities