Kenyan Fintech Triply Chosen as Newest African Venture by Y Combinator
Moreover, Triply distinguishes itself by its commitment to fostering symbiotic relationships between travel businesses and local consumers.
Thepeer, Nigerian Fintech Startup, Shuts Down Operations
Another startup, Cova, did the same thing earlier this year. It shows that making fintech work in Africa is tough.
Yango Unveils ‘Cargo Express’ to Revolutionise Large-Scale Deliveries Across Africa
Available within the Yango app's Delivery section, Cargo Express boasts a diverse fleet of vehicles tailored to accommodate items of varying sizes and weights.
Netflix Raises Subscription Fees in Nigeria
By periodically revising subscription fees, Netflix aims to reflect the value of these improvements to their members.
ByteDance Pulls Plug: LetsChat Messaging App Shuts Down in Africa
In 2022, the app's teams visited various Nigerian schools to encourage students to use the platform, but this wasn't enough to sustain its growth.
Hydrogen, Access Holdings’ Fintech Arm, Turns Profit After Two-Year Run
Access Corporation's tech division, Hydrogen, which belongs to Nigeria's largest bank, made a profit of ₦161 million in 2023.
South Africa’s Richest Black Man Patrice Motsepe Joins Canal+’s MultiChoice Bid Talks
Motsepe is worth $2.4 billion, says Forbes. He started Ubuntu-Botho Investments and African Rainbow Capital (ARC).
Leatherback Teams Up with YES BANK to Ease Money Transfers to India
This collaboration serves as a link fostering economic growth and cultural exchange, empowering communities in India and Africa by providing better financial access and connectivity.
BasiGo Secures $3 Million Funding to Ramp Up Bus Production Across East Africa
This financial injection, shared by CFAO Kenya and Mobility54, aims to support BasiGo's efforts in manufacturing electric buses for Kenya and Rwanda.
Canva Acquires Affinity Suite to Challenge Adobe in Design Software Market
Affinity, a company with 90 talented folks, will be joining Canva's family.