Social Commerce Startup Sukhiba Connect Raises $1.5 Million for Expansion Beyond Borders
Founded in 2021 by Ananth Gudipati as CEO and Abhinav Solipuram as CTO, Sukhiba focuses on B2B conversational commerce. It allows companies to sell to their clients using Meta's messaging service, WhatsApp.
Patricia Sticks to November Repayment Despite DLM Trust’s Sudden Exit
Initially, Patricia engaged DLM Trust to manage the return of $2 million lost in a hack. However, DLM Trust, a licensed trust company, decided to terminate the partnership, citing violations of their agreement.
Ghanaian Startup Kofa Partners with Chinese Electric Vehicle Maker to Launch E-Bikes
Kofa's goal is to establish an affordable and user-focused electricity network powered by portable batteries and renewable energy.
Husk Power Secures $103 Million for Expanding Renewable Energy in Africa and Asia
Husk Power Systems, established in 2008, is well-known for its creative solutions in renewable energy and it is also recognised for its AI-powered platform for clean energy services.
Central Bank of Kenya Grants Payment License to Kenyan Mobility Fintech Data Integrated
This approval is a big deal for Data Integrated, showing their commitment to boosting financial inclusion and digital payments in Kenya.
Patricia Denies Having Physical Offices After Allegations of the Startup Absconding
Recently, Patricia asked one customer to swap their balance for company shares, citing it as a last resort to secure investments.
Amazon is Set to Launch in the South African E-commerce Market in 2024
Amazon's entry into the South African market comes with regulatory challenges. The country's competition regulator released a report in July outlining concerns about competitive practices on leading online platforms.
Treepz and Octamile Join Forces to Unveil Insurance Program for Travelers & Hosts in Nigeria
This program is designed to bring a significant change to travel and mobility by providing extensive insurance coverage and peace of mind to Treepz's community, which includes both guests and hosts.
Employee Layoffs at Kippa to Happen this December
This decision comes as they are discontinuing their offline payments product, KippaPay, which will stop operating on November 15.
Nigerian Cryptocurrency Startup Coinazer Expands to Brazil
Since its launch in April 2022, Coinazer has gained 5,000 customers and processed transactions worth over $3.8 million.