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Kenyan retail distributor Kyosk has acquired KwikBasket, and has expanded its digital distribution offering to cover the fresh produce market in Africa.
Nigeria's President Tinubu removes fuel subsidies and unifies the exchange rate. Short-term pain, but should lead to improved price discovery and increased dollar supply, if managed appropriately. Dig deeper.
After Moniepoint led Payday’s $3 million seed round in March 2023, it was rumoured that the company wants to acquire the neobank in a cash and equity deal for under $40 million.
A few weeks ago, Moniepoint appointed Ross Strike as its new Head of M&A and Investor Relations. What does this mean for the company?
Expert says that the removal of fuel subsidy in Nigeria which has led to hike in prices of PMS, food and transportation will be received with enthusiasm in the capital market.
CV VC said that it excluded Flutterwave, Chipper and Andela from the list of African unicorns because they are not headquartered in Africa, not due to a valuation cut.
Experts examine the state of venture funding tracking on the continent; its importance, its shortcoming and the way forward.
Closer collaboration between banks and fintech companies is a positive development and has the biggest potential to drive financial inclusion in Africa.
When Paystack exited to Stripe, some Angel investors confessed to making nearly 20x on their investment. Yet, a single mistake in their investment process could have wiped out any potential gain.
It is essential for founders to arm themselves with knowledge and insights from experts who have navigated similar challenges. These are nine books that every African startup founder should read.
In 2022, South Africans spent more time on the internet compared to the rest of the world. With the increased load shedding, its internet usage might be affected this year.
With the proliferation of artificial intelligence (AI) adoption across the world, misinformation is on the rise especially through deep fakes. What's the way forward?
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