Business

Bitmama Acquires Payday To Improve Cross-Border Payments
Start-UpsTech

Bitmama Acquires Payday To Improve Cross-Border Payments

In a significant development within Nigeria’s fintech landscape, Bitmama Inc., the blockchain payments platform, has successfully...

South African startup, CryptoExpress
Start-Ups

South African, CryptoExpress To Enable Users Withdraw Cryptocurrency At ATMs

In a groundbreaking move set to revolutionise the cryptocurrency landscape in South Africa, a local startup...

Audu Maikori, founder of Chocolate City
MusicBusiness

Chocolate City Faces Potential 60% Equity Loss To Warner Music Group

Chocolate City, one of Nigeria’s top music labels, may lose as much as 60% of its...

Almouneer Egyptian Healthtech
Start-UpsTech

Egyptian Healthtech Startup Almouneer Secures $3.6M for Diabetes & Obesity Transformation

In a significant development, Almouneer, a pioneering Egyptian health-tech startup, has successfully raised $3.6 million in...

Absa Bank Kenya Records KSh 107.7 Million Fraud Loss in 2022
Business

Absa Bank Kenya Records KSh 107.7 Million Fraud Loss In 2022

In a recent disclosure, Absa Bank Kenya revealed a substantial financial setback, losing KSh 107.7 million...

Sony Ventures Unveils $10 Million Fund to Boost African Entertainment Businesses
Start-Ups

Sony Ventures Unveils $10 Million Fund to Boost African Entertainment Businesses

In a significant stride towards bolstering the African entertainment industry, Sony Group, through its subsidiary Sony...

Netflix in Kenya
Tech

Netflix To End Free Plan In Kenya In November

Netflix, the global streaming giant, has announced the discontinuation of its free plan for Kenyan users,...

Alterra Capital Partners Targets Emerging African Start-ups with New $500M Fund
Business

Alterra Capital Partners To Invest $500 Million In Africa With Backing From Aliko Dangote

Alterra Capital Partners, a private equity firm founded in 2020 by former Carlyle Group employees, is...

Uganda's Asaak Acquires Mexican Startup FlexClub
Start-Ups

Uganda’s Asaak Acquires Mexican Startup FlexClub

In a strategic move to extend its reach into Latin America, Ugandan fintech firm Asaak has...

Tunisian SeekMake Secures $539,000 From Lafayette Group For Global Expansion
Start-Ups

Tunisian SeekMake Secures $539,000 From Lafayette Group For Global Expansion

In a groundbreaking move, Tunisian construction technology innovator, SeekMake, has successfully secured an impressive funding injection...