OfferZen Secures $4.3M Funding and Revamps Business Model in South Africa
Acknowledging the challenges faced by its customers in 2023, OfferZen introduces a fixed-fee unlimited hiring subscription alongside its traditional per-hire charge.
Y Combinator Invests in Three African Startups for 2024 Winter Cohort
It's noteworthy that YC has limited its investment to a maximum of three startups in this batch, a change possibly initiated since the 2023 winter batch.
African Startups Reportedly Raised $3.191 Billion in 2023, Signalling Decline.
In 2023, African startups faced a funding challenge, securing $3.191 billion, a significant drop compared to previous years.
Ministry of Interior and Immigration Service Unveil New Digital Portal for Passport Services, Visa and More
Applicants in Nigeria will pay N25,000 for a 32-page passport (5-year validity) and N70,000 for a 64-page passport (10-year validity). Those abroad will pay $130 for a 5-year, 32-page passport and $230 for a 10-year, 64-page passport.
Build Your Dreams (BYD), Leading Chinese Electric Vehicle Manufacturer, Expands Operations into Rwanda
Just in December 2023, they sold a whopping 3,024,417 vehicles, marking a significant 45% increase from the previous month and a 61.9% boost from the previous year.
POTRAZ Launches Nationwide Crackdown: Zimbabwe to Arrest Starlink Distributors and Users
This regulatory stance aligns with a broader trend in Africa, as Ghana's National Communication Authority (NCA) also declared the sales, service, and use of Starlink illegal in December 2023.
NIMC Unveils User-Friendly NIN Registration App for Nigerians Abroad, Set to Launch in February 2024
Expressing commitment to service improvement, the NIMC DG highlighted the app's alignment with efforts to create a hassle-free system for Nigerians abroad.
ThriveAgric Launches Phase Two: Distributing Agri Inputs to Benefit 100k Farmers
Their goal is to enable the production of over 300,000 metric tons of grains.
Nigerian Wealthtech Startup Cova Closes Its Doors Due to Challenges
Despite challenges such as customer demands for deeper integration and building trust, Cova faced limitations in syncing bank accounts to users outside Nigeria, the UK, and the US.
Zilla Shifts Gears: Halts BNPL Service to Prioritise Cross-Border Payments
Nigeria's Zilla, a fintech startup, has decided to stop offering its buy-now-pay-later (BNPL) service.