ProXalys, Senegalese Startup, Raises $500,000 to Expand and Enhance Services
The platform, known as an online marketplace for agricultural products, enables merchants to benefit from deferred payments and assured transactions.
Apollo Agriculture Raises $10M for African Expansion, Building on $40M Series B Success
The additional funding will help Apollo extend its presence throughout Kenya, providing more farmers with financial support and essential digital tools.
Sony’s $10M Africa Fund Takes First Leap with Investment in Gaming Startup
The collaboration aims to leverage Carry1st's regional expertise and Sony's gaming prowess for mutual growth.
OfferZen Secures $4.3M Funding and Revamps Business Model in South Africa
Acknowledging the challenges faced by its customers in 2023, OfferZen introduces a fixed-fee unlimited hiring subscription alongside its traditional per-hire charge.
Y Combinator Invests in Three African Startups for 2024 Winter Cohort
It's noteworthy that YC has limited its investment to a maximum of three startups in this batch, a change possibly initiated since the 2023 winter batch.
African Startups Reportedly Raised $3.191 Billion in 2023, Signalling Decline.
In 2023, African startups faced a funding challenge, securing $3.191 billion, a significant drop compared to previous years.
Ministry of Interior and Immigration Service Unveil New Digital Portal for Passport Services, Visa and More
Applicants in Nigeria will pay N25,000 for a 32-page passport (5-year validity) and N70,000 for a 64-page passport (10-year validity). Those abroad will pay $130 for a 5-year, 32-page passport and $230 for a 10-year, 64-page passport.
Build Your Dreams (BYD), Leading Chinese Electric Vehicle Manufacturer, Expands Operations into Rwanda
Just in December 2023, they sold a whopping 3,024,417 vehicles, marking a significant 45% increase from the previous month and a 61.9% boost from the previous year.
POTRAZ Launches Nationwide Crackdown: Zimbabwe to Arrest Starlink Distributors and Users
This regulatory stance aligns with a broader trend in Africa, as Ghana's National Communication Authority (NCA) also declared the sales, service, and use of Starlink illegal in December 2023.
NIMC Unveils User-Friendly NIN Registration App for Nigerians Abroad, Set to Launch in February 2024
Expressing commitment to service improvement, the NIMC DG highlighted the app's alignment with efforts to create a hassle-free system for Nigerians abroad.