Advertisement
News

Rwandan digital retail startup Kasha raises $21 million Series B

Kasha, a Rwandan digital retail startup has closed a $21 million Series B round from Knife Capital, a South African venture capital firm.

News

Starlink launches in Kenya as Safaricom gears up for competition

Starlink is now available in Kenya, with Karibu as its authorised reseller in the country. Safaricom says it intends to launch a Starlink competitor in the coming months.

News

Kenya withdraws 30% shareholding rule for Big Tech

Kenya has reversed its shareholding rule that insists that Big Tech companies must sell 30% of their shares to Kenyan locals.

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

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.

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

Kenya, Nigeria, and South Africa are driving Africa’s Web3.0 adoption

Kenya, South Africa and Nigeria are driving the adoption of blockchain and Web 3.0 technologies on the continent, a new report says.

News

Glade denies misleading $214,000 internal hack

Glade, a Nigerian based fintech startup, has strongly debunked the news making the rounds online that it suffered an internal hack of about $214,000.

News

Meet the 2023 Google Africa Black Founders Fund Cohort

Google announces the 25 African startups selected for the third cohort of Google for Startups' Black Founders Fund

Fintech

Visa launches Africa fintech accelerator program

The Visa Africa Fintech Accelerator will empower up to 40 start-ups each year to accelerate and grow through a three-month intensive learning program focused on business growth and mentoring

News

Flutterwave refute 45 bank accounts freeze reports by media

Contrary to several media reports, Flutterwave's Head of Branding and Storytelling, Yewande Akomolafe-Kalu says the account freeze was a civil case procedural step and nothing more.

Advertisement