CcHub Launches “Let’s Build, Africa” Program to Boost African Startups
The "Let’s Build, Africa" initiative focuses on aiding startups ready for cross-border expansion but needing strategic advice and support to adapt to new environments.
CBN Lifts Ban on New Account Openings for OPay, Moniepoint, and Others
The ban's removal suggests that these fintechs have now met the CBN’s KYC standards.
Zambian Construction E-Commerce Startup Bosso Secures $400K in Pre-Seed Funding
The $400,000 pre-seed round was funded by Leonard by Vinci, Launch Africa Ventures, Renew Capital, Change-Com, and several angel investors.
Flutterwave Secures Key Payment Licence in Mozambique Amid Security Concerns
Despite these challenges, Flutterwave is pushing forward with its expansion into southeastern Africa.
Glovo Partners with Siltech to Introduce EV Bikes and Charging Network in Lagos
Under the partnership terms, Glovo will pay for Siltech's services at a discounted rate, making it more cost-effective than using petrol.
Lagos to Join States Adopting Nigeria Startup Act with New Bill
Key features of the bill include a research and innovation fund, registration for research and innovation institutions, tax and fiscal incentives, accelerators and incubators, and capacity development programs.
Raxio Opens Data Centre in Mozambique, Plans Further Expansion Across Africa
According to the company, Raxio MZ1 allows customers to connect with local and international carriers and other customers in specially designed meet-me rooms.
Botswana Approves Starlink License Following President Masisi’s Meeting
With this move, Botswana joins Zimbabwe, which approved Starlink last week after President Emmerson Mnangagwa urged swift regulatory action.
Paystack-Led Group Acquires Brass, Announces CEO Replacement
The acquisition ends months of uncertainty for Brass, which started in October 2023 when customer withdrawal delays led to liquidity concerns and rumours of a shutdown.
Santam Acquires SA Home Services Marketplace Kandua
Kandua will merge with Santam’s existing home service branch, Home+, to form an independent subsidiary under Santam.