Calling Ghanaian Startups: Apply for UNICEF StartUp Lab 2024!
If you’re a Ghanaian startup with a tech-focused approach and a passion for making an impact, this is your chance! But hurry, applications close on February 29th. Don’t miss out!
Equinix Invests $390 Million in African Data Centers
This is good news for Africa because right now, only 1% of the world's data centres are there.
Uber to Invest $100 Million in Moove: Boosting Vehicle Financing Platform
If this $100 million deal goes through, it would bring their total funding since they started to $335 million.
Bolt Nigeria Pushes for Crackdown on Illegal Ride-Hailing Services in Nigeria’s Federal Capital Territory
Advocating for fair competition among all players, Bolt Nigeria's country manager called on authorities to take action against illegal operators.
d.light Secures $7.4 Million Financing to Expand Affordable Solar Products in Nigeria
d.light previously secured a $30 million facility in 2023 and reported a 41% revenue growth in the same year, with Nigeria experiencing a 143% business growth driven by innovative financing solutions.
Hohm Energy Raises $8 Million to Boost Solar Power in South Africa
Their goal is to install rooftop solar for 7.7 million homes in South Africa. And they're aiming to turn a profit by the end of 2024.
Verod Acquires Majority Stake in Nigeria’s i-Fitness, Fueling Regional Expansion and Empowerment
Verod's acquisition was facilitated through its $200 million Capital Growth Fund III, closed in December 2019.
Nigeria Blocks Access to Crypto Websites Amid Currency Crisis
The Central Bank of Nigeria, along with the Nigerian Communications Commission, has instructed telecom companies to block access to crypto...
Showmax Surpasses Netflix as Africa’s Top Streaming Service
In a recent report by Omdia Research, Showmax, an online video streaming service, has seized the crown from Netflix to...
uLesson Slashes Subscription Prices by 50% to Aid Nigerians
Nigerian families are struggling because of government policies, like removing fuel subsidies, which made fuel prices skyrocket. This led to higher transportation costs and more expensive goods.