Telcos Strive to End Sudan’s Lengthy Telecoms Blackout
Some local mobile network operators (MNOs) are trying to bounce back, but it's not easy.
Nigeria Unveils Solar Subsidy Initiative for Underserved and Unserviced Regions
This endeavour entails extending subsidies to developers and operators of solar mini-grids in underserved regions, facilitated by a substantial $750 million loan sanctioned by the World Bank.
Verod-Kepple Africa Ventures Raises $60 Million to Back 21 African Startups
The venture also gained support from new investors, including Nigeria’s SCM Capital, Taiyo Holdings, and C2C Global Education Japan.
WeBuyCars Aims for $420m Valuation with JSE Listing
This move is a big deal for WeBuyCars and for South Africa's stock market scene.
SunCulture Secures $12 Million to Scale Solar Irrigation Solutions in Sub-Saharan Africa
In total, SunCulture has now raised $65 million since its inception.
Tech Beauty Startup Zuri Secures Big Investment from Launch Africa Ventures to Expand!
Zuri, started by Gisela Van Houcke in 2016, has a cool way of working. They use a franchise model to make and sell hair products and makeup.
Remedial Health Launches New App for Neighborhood Pharmacies in Nigeria
This app is like a control centre for local pharmacies and medicine vendors all over Africa.
Renew Capital Backs Local Digital Bank Affinity in Debut Ghana Investment
This marks Renew Capital's debut investment in Africa, coming hot on the heels of their latest tech fund launch, Renew Venture Lab Fund 2, in February 2024.
Kora Teams Up with Panache Ventures to Aid African Tech Founders in VC Funding Quest
This partnership was announced at an event in Lagos, Nigeria, organised by Panache Ventures and Kora.
Binance Executive Gambaryan Denies Money Laundering Charges, Faces Remand in Prison
These charges come amidst a broader regulatory crackdown targeting the cryptocurrency exchange within Nigeria.