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Exits MENA has obtained the final securities promotion and underwriting license from the Egyptian Financial Regulatory Authority (FRA), enabling it to expand its services and provide further investment channels. The startup raised a US$1…

Starlink said its service has launched in Rwanda using inter-satellite links commonly known as space lasers, officials have confirmed. According to reports, the service will initially offer no contracts but will, instead, offer a 90-day…

Naked said it had raised US$17 million in Series B funding to drive its growth. In 2021, Naked raised a US$11 million Series A funding round, led by Naspers, and has now secured US$17 million in Series B funding. This funding round was…

Uncover has raised US$1 million in seed capital, which it will use to scale up its operations in Kenya and establish a presence across Africa. Uncover said the US$1 million seed round featured investors including FirstCheck Africa, Samata…

Safaricom said it has switched on its mobile telecommunications network and services in Addis Ababa, Ethiopia’s capital city. The Ethiopian government launched Digital Ethiopia 2025 to help the country realise its digital potential and…

Talk360 has secured an additional US$3 million in seed round funding, taking its total seed round to US$7 million after its first closing in May. Co-founded in 2016 by South African venture builder with Dutch entrepreneurs Hans…

Talks are underway between the Nigerian government, Binance Holdings Limited and Talent City over a planned establishment of a digital economic zone in the country. This is according to a statement by the Nigeria Export Processing Zones…

Vodacom Tanzania Plc said it had launched Tanzania’s first 5G network to transform the development of the country’s digital journey. The 5G technology service was launched by Ms Hilda Bujiku, Vodacom Acting Managing Director, in the…

CrowdForce has raised a US$3.6 million pre-Series A funding round to increase its PayForce agent network three-fold this year to deepen its financial service offerings to underserved Nigerian communities. The startup has developed a…