Business

Commercial Bank Of Ethiopia Recovers $10 Million
Business

Commercial Bank Of Ethiopia Recovers $10 Million From $14 Million System Glitch Loss

The Commercial Bank of Ethiopia (CBE), the country’s main commercial bank, has recovered $10 million of...

Ethiopia's Dodai Raises $4 Million Series A As Government Moves to Ban Fuel Vehicles
Startups

Ethiopia’s Dodai Raises $4 Million Series A As Government Moves to Ban Fuel Vehicles

Amid Ethiopia’s official push to phase out fuel cars, Dodai, a Japanese electric vehicle and motorcycle...

Moove
Tech

Uber-Backed Moove Raises $100 Million, Moves Headquarters To The UAE

In a smart move after Uber’s vow to support Moove with a $100 million funding injection,...

Kenya's Insurtech Startup mTek Gets $1.25 Million For AI
Startups

Kenya’s Insurtech Startup, mTek Gets $1.25 Million For AI

Bente Krogmann and Christopher Osore made headlines in 2019 when they co-founded mTek, an innovative insurtech...

Simera Sense Team Photo
Startups

South African Simera Sense Raises $14.75 Million To Enhance Production Capacities

Simera Sense, a pioneering tech firm based in South Africa, has successfully raised $14.75 million in...

tookeez
Startups

Moroccan Fintech Startup tookeez Raises $1.5 Million for Technical Advancement

In a recent development in the financial technology sector, Moroccan startup tookeez has secured an impressive...

Moove
Startups

Uber To Invest $100 Million In African Mobility Fintech, Moove

Sources familiar with the matter, as reported by Bloomberg, indicate that Uber is poised to join...

Universal Music Group Acquires Majority Stake in Mavin Global
BusinessMusic

Universal Music Group Acquires Majority Stake In Mavin Global

In a landmark move echoing the global resonance of Afrobeats, Universal Music Group (UMG) has secured...

Partech Africa
Startups

Partech Africa Concludes $300 Million Second Fund, Bolstering African Tech Ecosystem

Partech Africa, a venture capital firm specialising in digital and tech investments across the African continent,...

Carbon acquires Vello Finance to birth Carbon Business
Startups

Nigerian Fintech Startup Carbon Acquires Vella Finance, Births Carbon Business

In a significant move within Nigeria’s thriving fintech scene, Carbon has announced its acquisition of Vella...