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…
Kenyan fintech - M-KOPA - wins trademark battle against former agent
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M-KOPA, a leading Kenyan asset financing startup, has secured legal victory in a trademark infringement case against a former agent who attempted…
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…
Visa backs Nigerian fintech giant, Moniepoint, in Strategic Investment
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Global payments company, Visa, has made financial input to boost digital payments in Nigeria, and Africa. This was done through a strategic…
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…
Starlink Doubles Internet Subscription Prices in Nigeria
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Starlink, the satellite internet provider, has announced a dramatic price increase for its services in Nigeria, with monthly subscription rates set to…
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…
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…