Saudi Arabian game maker Sandsoft Games has invested $3.25 million in mobile racing and motorsport game developer, The Tiny Digital Factory (TDF).
This backing adds weight to Sandsoft’s
The Israeli-based mobile gaming company, Playtika has proposed an increased price to acquire Angry Birds developer Rovio.
In an announcement, Playtika said it would now purchase the shares for a
Jumia’s digital payments platform JumiaPay and Contact Creditech, the consumer financing arm of Contact Financial Holding have entered a new partnership to launch a new group of financial services
Cathedis, a Moroccan delivery, and e-logistics startup has received its second funding worth $735K in a pre-series A round.
The new financing was jointly raised from AKWA Group’s Venture
Venture capital (VC) plays an important role in the success of startups in Africa. VC investments provide entrepreneurs with the capital they need to launch their businesses, purchase equipment, hire
There have been opinions that South Africa does mergers and acquisitions better than any other African country. Disrupt Africa’s 2022 South Africa Startup Ecosystem Report noted that South Africa’
Bitcoin exchange, Binance has announced that it is partnering with Women in Tech to provide Web3 vocational training for 2800 women in rural regions in South Africa and Brazil through
An Israeli AI mobility startup, Autobrains, has made an important development in its executive position as it appoints business development expert, Hilla Tavor, as its Chief Business Officer (CBO).
Autobrains
Obviously, the layoff season is still upon us. Between late 2022 and the 3rd week in January 2023, a significant amount of tech employees have lost their jobs, as startups
Airtel Zambia has announced the national rollout of 138 new 4G sites to increase network accessibility amid growing competition among service providers in Zambia’s mobile communications market. Manu Sood,
In a move that solidifies its position as the premier publisher of mobile games in Africa, Carry1st announced today that it has raised $27 million in a funding round led
Owing to the impressive performance of African Startups in 2021, which continued into Q1 2022, where over $1 billion was raised, experts such as the African Private Equity and Venture