News

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.

News

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.

News

South African venture capital firm, REdimension raises more than $10 million for proptech fund

REdimension Capital, a South African real estate venture capital firm, has announced the first close of its inaugural fund, the REdimension Real Estate Technology and Sustainability Fund I.

News

Flutterwave rebrands Send App, expands remittance to U.S. and Canada

Flutterwave, Africa’s leading payments' technology company, today announced the enhancement of its $end Mobile product, to Send App by Flutterwave.

News

12 African startups to watch out for in H2 2023, according to investors

In the wake of the global market reset, African startups are hustling to regain momentum in a funding winter. Four investors reveal their top must-watch startups.

News

CBN lifts ban on abokiFX, Bamboo, Risevest and 437 bank accounts

The Central Bank of Nigeria has directed banks to vacate a post-no-debit restriction placed on the bank accounts of 440 individuals and companies.

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