Nigerian startup - Regfyl - secures $1.1m in its pre-seed round
1 Mins read
Regfyl, a cutting-edge compliance solutions provider, has successfully raised $1.1 million in pre-seed funding. This injection of capital, led by Rally Cap…
Uber-backed Nigerian startup - Moove - eyes expansion into U.S. market
1 Mins read
Moove, the Nigerian vehicle financing startup backed by Uber, is making plans for a major expansion into the United States. The company,…
Nigerian fintech - Risevest - expands into Kenya with Hisa acquisition
1 Mins read
Nigerian investment platform, Risevest, has acquired Kenyan startup, Hisa. The deal, which was approved by Kenya’s Capital Markets Authority, makes it Risevest’s…
Bolt suspends inter-country ride requests for users in Nigeria and South Africa
1 Mins read
Ride-hailing app Bolt has been forced to restrict inter-country ride requests between Nigeria and South Africa – following a bizarre social media-driven…
African tech giants - Wasoko and MaxAB - complete landmark merger
1 Mins read
Wasoko, a Kenyan-based e-commerce company, and Egypt’s MaxAB have finally sealed their much-anticipated merger. This merger, which was first announced in December…
Struggling Quizac gets a second chance with Tekedia acquisition
1 Mins read
In a surprising turn of events, Quizac, the edtech startup which we recently reported to be shutting down, has been given a…
Kenyan HR Tech startup - Workpay - secures $5m investment
1 Mins read
Workpay, a Kenyan cloud-based HR and payroll platform, has raised $5 million in its Series A funding round. The round was led…
Boldd unveils new global transaction features, expands Banking-as-a-Service (BaaS) capabilities
2 Mins read
Boldd is excited to announce a series of new features designed to enhance the way businesses manage global transactions. These updates are…
Starlink to boost Internet services in Nigeria with three ground stations
1 Mins read
Elon Musk’s Starlink is establishing cutting-edge ground stations across the country. This ambitious project, spanning approximately 29,000 acres, aims to dramatically enhance…