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What You Should Know As Kuda Amasses Six Million Customers In Nigeria

What You Should Know As Kuda Amasses Six Million Customers In Nigeria

Kuda amasses over six million users in Nigeria since its launch barely four years ago.

RightCard Receives CBN’s IMTO License For Seamless Operation In Nigeria

RightCard Receives CBN’s IMTO License For Seamless Operation In Nigeria

RightCard Payment Services Limited, a subsidiary of Lemonade Technology Inc., is thrilled to announce the acquisition of its International Money Transfer Operator (IMTO) license from the Central Bank of Nigeria (CBN).

Women Who Build Africa announces call for founders, partners to join the first annual WWBA Assembly

Women Who Build Africa announces call for founders, partners to join the first annual WWBA Assembly

Women Who Build Africa (WWBA), a community created to convene and support women working in tech across Africa, today announced an open call for women founders, as well as investors and ecosystem partners, to express interest in joining the first annual WWBA Assembly, taking place in Nairobi, September 13th-14th. A

Scalo Technologies Leads $3.5 million Investment For Polish Gaming Startup Hexacore

Scalo Technologies Leads $3.5 million Investment For Polish Gaming Startup Hexacore

Scalo Technologies has led a $3.5 million investment round for Hexacore, a Polish web3 mobile game publisher. Other investors that participated are Xsolla, Estoty and some angel investors. The funds will be used to grow the team, scale Hexacore's mobile games, and add new features including in-app

The Rise of Techstars: Igniting the Global Startup Ecosystem

Techstars Featured

The Rise of Techstars: Igniting the Global Startup Ecosystem

The impact of startups on economic growth and societal progress is undeniable in the constantly evolving landscape of technology and innovation. The impact of Techstars on the growth and development of startups, as well as its influence on the global entrepreneurial landscape,

Nigeria Dominates Crypto Interest In Africa In H1 2023

Nigeria Dominates Crypto Interest In Africa In H1 2023

The African continent has seen remarkable growth in cryptocurrency adoption and usage in recent years, with Nigeria emerging as the undisputed leader

UAE's Tenderd Receives Undisclosed Investment From Aramco's Wa'ed

UAE's Tenderd Receives Undisclosed Investment From Aramco's Wa'ed

UAE-based construction startup Tenderd has received an undisclosed funding round from Aramco's Wa’ed Ventures. The investment will help Tenderd to scale its operations and develop more sustainable technologies for manufacturers. Chief Executive of Tenderd, Arjun Mohan said, "With Wa’ed Ventures' investment, we will be

IDT Corporation Expands BOSS Money App Into Francophone Africa

IDT Corporation Expands BOSS Money App Into Francophone Africa

IDT Corporation, a prominent global fintech company, has announced the expansion of its cutting-edge BOSS Money app into the Francophone region of Africa, encompassing Senegal, Côte d’Ivoire, Cameroon, and the Democratic Republic of Congo. This strategic move represents a significant milestone in IDT's mission to extend transformative

TechStars-Backed Insurtech Startup, MyCover.ai Receives $1.25M Pre-Seed Funding To Scale

TechStars-Backed Insurtech Startup, MyCover.ai Receives $1.25M Pre-Seed Funding To Scale

MyCover.ai receives $1.25 million pre-seed funding to revolutionize the African insurance landscape.

Breaking: Starlink Goes Live In Kenya

Breaking: Starlink Goes Live In Kenya

In a groundbreaking move, Starlink, the pioneering satellite internet company, has officially launched its services in Kenya. This expansion into the East African powerhouse marks a significant milestone for Starlink's mission to provide reliable and accessible internet connectivity to remote and underserved areas worldwide. Starlink is now available

UAE's E-commerce Startup YallaHub Secures $6 Million In Pre-Series A Round

UAE's E-commerce Startup YallaHub Secures $6 Million In Pre-Series A Round

UAE-based marketplace aggregator YallaHub has secured a $6 million pre-Series A round. The new round was co-led by numerous MENA-focused private investors such Fedor Ovchinnikov, founder of Dodo Brands; Regolith, an ecosystem for financial and investment instruments, and others. The fresh funds will be geared towards improving the IT platform

UAE Mobility Startup ONE MOTO Technologies Raises $40 million In Lease Financing

UAE Mobility Startup ONE MOTO Technologies Raises $40 million In Lease Financing

UAE-based mobility startup, ONE MOTO Technologies has raised $40 million in lease financing to accelerate its offering of electric delivery vehicles in the UAE. The round was led by Pyse along with other prominent investors who value the potential of electric vehicle (EV) adoption in the rapidly growing delivery sector.

Justice For Twitter Africa Employees: Strengthening Labor Laws And Holding Companies Accountable

Justice For Twitter Africa Employees: Strengthening Labor Laws And Holding Companies Accountable

Growdash, UAE based restaurant startup secures $750,000 in pre-seed funding

Growdash, UAE based restaurant startup secures $750,000 in pre-seed funding

Growdash hyper-competitive, a UAE-based startup that empowers restaurants to build and execute profitable online growth strategies, today announced the closing of a US$750,000 pre-seed round of funding led by Flat6Labs. The round also included participation from Plus Venture Capital (+VC), Judah VC, TPN Investments as well as a

Pharmarun Wins ($10K) Pitch2Win 2023 Competition

Pharmarun Wins ($10K) Pitch2Win 2023 Competition

PharmaRun, a health-tech startup, has emerged as the winner of the third edition of the highly anticipated Pitch2Win competition, just over a year after being crowned as one of the winners in the Microsoft - GreenHouse Scale-Up Accelerator Program. This remarkable achievement grants the startup an equity-free investment of $10,

Twende Receives $33K From CIBAN To Address Employee Transportation Issues In Côte D'Ivoire

Twende Receives $33K From CIBAN To Address Employee Transportation Issues In Côte D'Ivoire

Twende, an innovative startup dedicated to transforming employee transportation solutions in Côte d'Ivoire, has received angel funding from the Côte d'Ivoire Business Angels Network (CIBAN). CIBAN, one of the country's leading angel investment networks, has invested $33,000 in Twende, recognizing the tremendous potential

Flapmax, Microsoft Invite Application For 2nd Cohort Of FAST Accelerator Program

Flapmax, Microsoft Invite Application For 2nd Cohort Of FAST Accelerator Program

Flapmax, a US-based Artificial Intelligence (AI) company and Microsoft have partnered to launch the second cohort of the FAST Accelerator program. This initiative aims to empower and fund the next wave of innovative startups and entrepreneurs across Africa. Following the resounding success of its inaugural edition, the FAST Accelerator 2023

Flutterwave Partners IATA To Empower Airlines with Seamless Payments Options

Flutterwave Partners IATA To Empower Airlines with Seamless Payments Options

Flutterwave has partnered with the International Air Transport Association to integrate its cutting-edge payment technology into IATA's Financial Gateway to enable Africans to conveniently purchase their flight tickets in their local currencies.

Bahraini Student Startup, Unipal, Secures $500,000 Follow-on Investment For Saudi Expansion

Bahraini Student Startup, Unipal, Secures $500,000 Follow-on Investment For Saudi Expansion

YC-Backed KASO Raises $10.5 Million and Launches F&B Fintech Vertical, Aiming to Reach $1 Billion GMV Target by 2024

YC-Backed KASO Raises $10.5 Million and Launches F&B Fintech Vertical, Aiming to Reach $1 Billion GMV Target by 2024

KASO, the leading B2B platform digitizing & automating procurement between restaurants and food suppliers in the Middle East, has announced it has raised $10.5 million in seed funding to fuel its mission of disrupting the food supply

Uber Partners Sety To Roll Out “Emergency Feature” For Its Nigerian Riders

Uber Partners Sety To Roll Out “Emergency Feature” For Its Nigerian Riders

Uber, the global ride-hailing company, has taken an important step toward ensuring the safety of its Nigerian riders and drivers with the introduction of two new features in partnership with Sety.

Apple Sets July 25th For Price Adjustments For In-App Purchases In Nigeria, Egypt, Others

Apple Sets July 25th For Price Adjustments For In-App Purchases In Nigeria, Egypt, Others

Apple has announced that it will be adjusting its pricing for apps and in-app purchases in Egypt, Tanzania, and Nigeria, starting from July 25th, 2023. These changes are expected to have an impact on both developers and consumers in these African markets. While Apple did not explicitly state whether the

UAE Healthtech Startup Alma Health Secures $10M Series A Funding

UAE Healthtech Startup Alma Health Secures $10M Series A Funding

UAE-based direct-to-patient digital healthcare company Alma Health has secured $10 million in a Series A funding. The round was co-led by Knuru Capital and Hambro Perks Oryx Fund. Other investors that participated in the round include: e& Capital, S3 Ventures, Pinnacle Capital, and Khwarizmi Ventures, while KCP Capital acted

Uganda's New Digital Tax Law: Implications On Nation’s Economy, Freedom Of Speech

Uganda's New Digital Tax Law: Implications On Nation’s Economy, Freedom Of Speech

Uganda passed new tax law to impose a 5% levy on income earned by foreign providers of digital communications services like Twitter, Netflix, and Facebook.