Nigeria Considers Blocking Crypto Websites Amid Binance Controversy
While not confirmed, a source hinted that the apex bank might employ telcos to restrict access to these websites and apps in Nigeria.
Zimbabwean Startup, Ocular AI, Chosen for Y Combinator’s Winter 2024 Program
Being chosen by Y Combinator is a big deal because it means Ocular AI can help lots of different types of businesses with the common problem of accessing information and making work easier.
Partech’s Second Africa Fund Closes at $323 Million, Grows Team and Investments
Partech Africa II plans to double down on its investment strategy across the continent, with ticket sizes ranging from $1 million to $15 million for seed to Series C rounds.
Jetstream Africa Launches AI Platform to Transform Cross-Border Trade
Jetvision.ai promises to spur growth, enhance profitability, and speed up the movement of goods across African borders.
X (formerly Twitter) Resolves Dispute: Pays Former Ghanaian Employees After 14 Months
This resolution brings relief after months of stress and financial hardship for these individuals.
Nigerian Fintech, Mamamoni, Gets €200K Boost from CFYE
Mamamoni, founded in 2014 by Nkem Okocha, aims to empower low-income women in Nigeria financially.
CBN Mandates Electronic Travel Payments, Bans Cash Transactions
Everyone, including banks and regular people, has to follow this new rule: no more cash for PTA/BTA.
9 African Climate Startups Receive $1.8M Boost from Catalyst Fund
The nine startups are Mazao Hub, Medikea, Earthbond, Zebra Cropbank, Scrapays , Keep It Cool, NoorNation, Thola and Tolbi.
Nigerian Clean Energy Startup Arnergy Raises $3 Million to Speed Up Adoption
This boost in funds will allow them to expand their efforts across the country.
Kenyan Music Platform Mdundo Set to Pay Artists $1.5 Million in Unprecedented Payout
Around 156,000 artists from Kenya, Tanzania, Nigeria, South Africa, Uganda, and Ghana are expected to benefit from this unprecedented payout, which ranges between $1.2 million and $1.5 million.