Kenya’s Startup Bill Poised to Pass Into Law by April 2024
The Startup Bill is designed to provide tax incentives, improve credit access, and create a supportive platform for startups, fostering the country's tech growth.
Nigeria Set to Revolutionise Passport Process with Automated Applications and E-Gates at Airports by 2024
Minister of Interior, Olubunmi Tunji-Ojo, shared that the automated passport application will be operational within a week.
EchoVC Unveils $2.5M Fund for African Cleantech Startups Ahead of COP28
The goal is to contribute to the growth and development of innovative solutions in these areas, recognizing the importance of supporting mission-driven founders with high-risk capital.
Regulatory Hurdles Force LemFi to Halt Operations in Ghana
The company is known for its strategic approach in acquiring licences and building partnerships with financial institutions for cross-border payments.
Launch of Tanzania Angel Investors Programme: Training 50 Investors to Propel Startup Growth
The program will train 50 tech startup enthusiasts in Tanzania to become angel investors, offering them knowledge, mentorship, and practical support to kickstart their investment journey.
Waspito, Cameroonian E-Health Startup, Secures $2.5 Million in Seed Extension Funding
With over 100,000 patients served in Cameroon and Ivory Coast, Waspito plans to extend its reach to Senegal and Gabon soon.
NALA Secures License for Cost-Effective International Payments to Rwanda
Since 2021, NALA has been active in Rwanda, collaborating with partners to send remittance payments to bank accounts and mobile wallets.
Nigeria Implements Startup Act with Launch of Innovative Support Portal for Entrepreneurs
According to the National Information Technology Development Agency (NITDA), the portal's launch is the first step in creating startup consultative forums.
Nigerian Politician Nabbed in Relation to ₦607 Million Cyber Hack at Patricia
Despite founder Hanu Fejiro's assurance in September of secured funding for repayments, DLM Trust terminated its escrow contract with Patricia, alleging breaches.
Those Who Got Fired for Sam Altman to Return as OpenAI’s CEO
The reinstated CEO said, "with the new board and Satya’s support, I’m looking forward to returning to OpenAI."