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Nigerian Gov't Imposes Record $10B Fine on Binance for Exacerbating Forex Crisis

Blessed Frank

Mar 1, 2024 • 2 min read

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Rwanda's Startup Ecosystem Attracts German Investment Despite Political Tensions

A German tech company is doubling down on its investments in Rwanda’s growing ICT sector, signaling strong confidence in the country’s potential, even amid political tensions in Europe. TestSolutions GmbH, a global software testing firm, has been operating in Rwanda through its subsidiary, TestSolutions Rwanda (TSR), for over

May 13, 2025 1 min read

Kofa Expands Operations in Kenya with $8.1 Million Investment

Kofa, a Ghana-based renewable energy company, has secured $8.1 million in pre-Series A funding to expand its AI-powered battery-swapping network across urban centers in Africa. This funding round includes $3.25 million in equity, $4.32 million in debt, and $590,000 in grants. The company plans to use

May 13, 2025 1 min read

Africa's E-Mobility Firm Spiro Launches in Tanzania

African e-mobility firm Spiro has launched operations in Tanzania, as part of its broader growth strategy. The company has deployed over ten battery swapping stations in the country and plans to expand this into a nationwide network. To further support the e-mobility sector, the company will introduce bank-financed assets, flexible

May 13, 2025 1 min read

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