Uber-backed Moove acquires Brazilian mobility startup - Kovi - to fuel global expansion
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Nigerian fintech startup, Moove, has acquired Brazilian car rental company Kovi in an all-share deal. The acquisition propels Moove’s annual revenue to…
Gates-Backed i3 to Invest $1.6m in 15 African Health Startups
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Investing in Innovation Africa (i3), a Pan-African initiative backed by the Gates Foundation and major pharmaceutical companies, has announced a $1.6 million…
South African fintech - Stitch - acquires ExiPay; to bridge online-offline payment gap
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South African payments infrastructure company Stitch has acquired ExiPay, a move that marks a significant expansion into in-person payment solutions. The acquisition,…
SeamlessHR secures $9m to expand HR tech and financial services in Africa
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SeamlessHR, Africa’s leading HR technology company, has raised $9 million in funding from the Gates Foundation and Helios Digital Ventures, bringing its…
Nigerian Fintech - Billboxx - Secures $1.6m to Help Small Businesses Solve Cash Flow Problems
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Nigerian fintech startup Billboxx has raised $1.6 million in pre-seed funding to help small and medium-sized businesses (SMEs) overcome their cash flow…
Social Media Platform Medial Raises $500K In Pre-Series Funding
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Founded by Niket Raj Dwivedi, Aishwarya Raj Pandey, Prateek Kaien, and Harsh Dwivedi, Medial is a content-driven, community-focused platform designed to cater…
UNDP and Ethiopia set up ManuTech Hub to boost African manufacturing innovation
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The United Nations Development Programme (UNDP) and Ethiopia’s Ministry of Industry have unveiled the timbuktoo ManuTech Hub, an initiative aimed at transforming…
OpenAI employees can now sell their shares after SoftBank deal
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OpenAI, the company that owns ChatGPT, is offering its employees an unprecedented opportunity to sell approximately $1.5 billion in shares to SoftBank,…