Nigerian Debt Recovery Startup Bfree Snags $2.95 Million in Funding
The company's loan portfolio is worth over $400 million, with a collection rate of 12.5%.
South African Startup Cue Raises $2 Million to Enhance AI-Powered Customer Service
With a client base of over 300 businesses and recent expansion to the United Kingdom, Cue focuses on delivering speedy, tailored customer service experiences and cutting down on communication delays.
Binance Fined $10 Billion in Nigeria’s Crypto Crackdown After Company’s Executives Arrest
The government reportedly requested user data and details from Binance, although it remains uncertain whether the company has complied with these requests.
Flutterwave Appoints Renowned ‘Starchitect’ Olajumoke Adenowo to Global Board
Flutterwave, amid speculations of a potential Initial Public Offering (IPO) on NASDAQ, continues to pursue its international expansion strategy with this new board memeber.
Seacom Faces Connectivity Disruption in Red Sea Region
This incident follows warnings from Yemen telecom firms three weeks ago about the possibility of sabotage by Houthi rebels on submarine cables in the Red Sea.
MultiChoice Expands Entertainment Options for African Viewers with Paramount+ Deal
The move comes as Paramount Global aims to tap into the African market, joining the competition against streaming giants like Netflix and Amazon Video.
Dream VC Opens Applications for 2024 Venture Capital Training
The LIVC program costs $1,500, while the IA program costs $5,000. Additionally, scholarships are available through the Dream VC Access Foundation.
Calling Ghanaian Startups: Apply for UNICEF StartUp Lab 2024!
If you’re a Ghanaian startup with a tech-focused approach and a passion for making an impact, this is your chance! But hurry, applications close on February 29th. Don’t miss out!
Equinix Invests $390 Million in African Data Centers
This is good news for Africa because right now, only 1% of the world's data centres are there.
Uber to Invest $100 Million in Moove: Boosting Vehicle Financing Platform
If this $100 million deal goes through, it would bring their total funding since they started to $335 million.