Struggling Quizac gets a second chance with Tekedia acquisition
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In a surprising turn of events, Quizac, the edtech startup which we recently reported to be shutting down, has been given a…
Paystack leads acquisition of struggling fintech startup, Brass
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Nigeria’s fintech company and payment giant, Paystack, has led an investment consortium to acquire the struggling startup, Brass, for an undisclosed sum….
FairMoney in talks to acquire Umba in $20M all-stock deal
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FairMoney, a Paris-based digital bank operating in Nigeria, is engaged in early discussions to fully acquire fintech startup, Umba, in an all-stock…
German company - BioNTech - acquires Tunisian AI startup, InstaDeep
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German biotech company, BioNTech, has acquired artificial intelligence (AI) startup InstaDeep. BioNTech, which made a lot of mark in 2020 after creating…
Egypt-based Appetito acquires quick-commerce company - Lamma
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Since the beginning of the COVID-19 pandemic, and the lockdown that came after it, companies running e-commerce and delivery services have become…
Shopify acquires Deliverr for $2.1 billion
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Shopify has announced its acquisition of San Francisco based e-commerce company, Deliverr. The acquisition, which costs $2.1 billion in both cash and…
Billionaire, Elon Musk, acquires 9.2% stake in Twitter, now one of the highest shareholders
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Tesla boss, Elon Musk, has purchased 9.2% of Twitter stocks, making him one of the highest shareholder in the micro-blogging site, reports…
Google to acquire cyber security firm, Mandiant, for $5.4 billion
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Internet giant, Google, has announced that it is making one of its biggest acquisitions. The Alphabet Inc. owned company announced earlier this…
Egyptian Ride-sharing Startup - Swvl - to Merge with US-Based Queen's Gambit; Plans to List on NASDAQ
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Egyptian transport start-up Swvl has announced that it would be going into a merger with US-based acquisition company, Queen’s Gambit Growth Capital….