Small businesses can now apply online for funding between R20,000 ($1,100) and R5,000,000 ($300,000) through Telkom Lend, a new service from Telkom Business, within 24
iProcure, a Kenyan-based business-to-business (B2B) tech-enabled agricultural company, has raised the sum of Ten Million Dollars ($10 Million) in Series B funding. This was extended to help part of its
The Mineworkers Investment Company (MIC) has opened the second application window to promote what it refers to as high growth potential and innovative enterprises. Through its venture capital initiative, MIC
The term unicorn refers to a privately held startup company with a value of over $ 1 billion, according to Investopedia. It is commonly used in the venture capital industry. The
In Cape Town, Uber and Bolt drivers went on strike in protest of rising commission fees and reduced commission rates. The strike began on Wednesday and is scheduled to last
Estonian ride-hailing company, Bolt, has stated that it will only it will only procure its services to corporate customers in Tanzania from henceforth. The company made announcement on Wednesday to
Liquid Intelligent Technologies, a unit of Cassava Technologies (Cassava), a leading provider of technological infrastructure and services in Africa, today announced the completion of its 100% acquisition and delisting of
TikTok has debuted “AI greenscreen,” a new in-app text-to-image AI generator that allows users to type in a prompt and receive an image that can be used as the background
Kenya’s fintech and asset financing firm, M-KOPA, has just signed a supply agreement deal with Roam, a Kenyan-based electric vehicle company to enable M-KOPA customers to access electric motorbikes
Nigeria’s car-pooling startup, Hytch, has decided to change its business model, from providing ride-hailing services to a B2B logistics company.
Hytch has recently launched in May this year with
Mobile service provider, MTN Group, announced on Thursday that its first-half earnings had increased by 46.5% and that it had received a $35 million binding bid for its Afghanistan
After submitting a merger proposal to the Telkom board, Rain withdrew its announcement. Following a harsh warning from the Takeover Regulation Panel (TRP), which required the cellular network operator to
