Founders Factory Africa, a pan-African early stage investor based in South Africa, has announced a breakthrough in raising $144 million in funding. In a statement… Read More »Founders Factory Africa Secures $114M for Up-scaling Startup Funding
Africa has the most countries in a recently report ranking of the 30 World’s most dangerous countries. According to Insider Monkey– a US-based finance website,… Read More »Africa’s 5 Most Dangerous Countries – Report
Termii and Truecaller have partnered to transform business communication throughout the African continent. Temii is a prominent customer engagement platform in Africa, and Truecaller is… Read More »Termii, Truecaller Join Forces to Transform Business Communication in Africa
Moove, a Nigerian mobility startup that provides finance for prominent e-taxi drivers in Africa, has secured $76 million in equity and debt to hit the… Read More »African Mobility Startup Moove Secures $76M to Reach $550M Valuation
Mali’s Parliament has passed a new mining code that is set to guarantee the nation greater economic benefits from mineral extraction, months after the government… Read More »Mali Adopts New Mining Code as State Eyes Greater Economic Value
On Wednesday, August 8 2023, Spotify announced that it was rolling out AI DJ, in Beta, to Premium users in Kenya. DJ is a personalized… Read More »Spotify AI DJ Launches in Kenya
EMURGO Africa, the branch of EMURGO focused on Africa and the Middle East, which plays a key role in the development of the Cardano blockchain,… Read More »EMURGO Africa Invests $250K in Carbon Market Tech Startup Changeblock
President Bola Tinubu of Nigeria on Tuesday, August 8, affirmed his commitment to breaking the country’s borrowing spree that he noted was an impediment to… Read More »Nigeria President Tinubu Vows to End Overreliance on Borrowing for Public Expenditure
Harvard Innovation Labs and Amazon Web Services (AWS) have picked 25 startups for the first-ever NextGen Accelerator program, 11 of which are from Africa. The… Read More »Harvard and AWS Pick 11 African Student-Led Startups for NextGen Accelerator Program
“We are thrilled to assist the over 160 million African diaspora members in their quest for a seamless and secure connection with home through speedy money transfers via the Send App,” Agboola stated.