Kenya’s Badili Scores Seed Funding Boost from E3 Capital for Re-Commerce Expansion
By utilising local refurbishment, the platform offers top-tier smartphone brands at a fraction of the cost of new models, maintaining quality.
Nigerian Fintech- Woven Finance Announces Closure by First Quarter of 2024
This move could impact both users and competitors in Nigeria's fintech market.
Africa’s Largest TV Network, NTA Secures 2023 AFCON Broadcasting Rights
AFCON, the largest football tournament in the continent, will hold its belated 2023 edition across cities in Ivory Coast from January 13th to February 11, 2024.
EIB Global Commits $30 Million to Seedstars Africa Ventures for African Entrepreneurial Risk Capital Support
While not focused on a specific industry, Seedstars Africa Ventures is interested in companies enhancing products, services, and efficiency, especially those in utilities, healthcare, and education.
Wasoko and MaxAB Announce Plans to Cut Workforce by 10%
Importantly, impacted workers will be able to retain their stock options even after leaving Wasoko and MaxAB.
Cleva, Nigerian Fintech, Joins Y Combinator Winter 2024 and Secures $1.5 Million in Pre-Seed Funding
The company currently allows users to accept ACH or domestic wire payments from any US bank account and receive payments from various platforms, including Payoneer, Upwork, Deel, Fiverr, Amazon, and more.
Twiga Foods CEO Steps Down from Board Just a Month After Announcing Six-Month Sabbatical
Njonjo, looking ahead, plans to be a supportive shareholder and explore new opportunities.
Neobank Sensation: Kuda Hits ₦55.8 Trillion Transaction Milestone in Just Four Years!
Licensed as a microfinance bank by the Central Bank of Nigeria, Kuda offers account opening, money deposits, transactions, and credit services.
iSchool Raises $4.5m Funding For International Expansion
iSchool offers live gamified classes led by coding instructors, catering to students aged 6-18. The curriculum spans AI, VR, app, game, and web development.
Ampersand, Rwandan E-Bike Startup, Raises $19.5 Million in Funding for Expansion
Established in 2016, Ampersand builds and finances electric motorcycles that outperform traditional petrol motorcycles widely used in East Africa.