South African Authorities Grant Crypto Licences to VALR, Luno, and Zignaly
This approval follows the FSCA's recent announcement indicating its intention to grant operating licences to 59 crypto firms, with hundreds more undergoing review.
Pula Secures $20M Series B to Provide Insurance to 100 Million African Farmers
Pula works with over 100 partners in 22 countries to reach farmers. Instead of selling insurance directly to farmers, they embed insurance offers in farm input costs or credit.
Canal+ Boosts MultiChoice Ownership to 40.01%
Speculation has arisen regarding Canal+'s potential to acquire a majority stake in MultiChoice, surpassing the 50% threshold.
Telcos Strive to End Sudan’s Lengthy Telecoms Blackout
Some local mobile network operators (MNOs) are trying to bounce back, but it's not easy.
Nigeria Unveils Solar Subsidy Initiative for Underserved and Unserviced Regions
This endeavour entails extending subsidies to developers and operators of solar mini-grids in underserved regions, facilitated by a substantial $750 million loan sanctioned by the World Bank.
Verod-Kepple Africa Ventures Raises $60 Million to Back 21 African Startups
The venture also gained support from new investors, including Nigeria’s SCM Capital, Taiyo Holdings, and C2C Global Education Japan.
WeBuyCars Aims for $420m Valuation with JSE Listing
This move is a big deal for WeBuyCars and for South Africa's stock market scene.
SunCulture Secures $12 Million to Scale Solar Irrigation Solutions in Sub-Saharan Africa
In total, SunCulture has now raised $65 million since its inception.
Tech Beauty Startup Zuri Secures Big Investment from Launch Africa Ventures to Expand!
Zuri, started by Gisela Van Houcke in 2016, has a cool way of working. They use a franchise model to make and sell hair products and makeup.
Remedial Health Launches New App for Neighborhood Pharmacies in Nigeria
This app is like a control centre for local pharmacies and medicine vendors all over Africa.