Polish drone maker to establish African manufacturing hub in Kenya
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Polish unmanned aerial vehicle (UAV) manufacturer, Farada Group, has received regulatory approval to set up a drone production facility at the Konza…
Flutterwave crowned 'Fintech of the Year' at the prestigious African Banker Awards
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In recognition of its impact across the African fintech landscape, Nigerian unicorn, Flutterwave, has been named ‘Fintech of the Year’ at the…
South African fraud prevention startup - Orca - raises $550K to tackle cybercrime surge
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As cyber threats escalate across the African continent, a Cape Town-based startup has raised fresh funding to equip financial institutions with advanced…
CcHub launches "Let's Build, Africa!" program to support African startups entering new markets
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In celebration of Africa Day, the Co-creation Hub (CcHub) has announced the launch of its “Let’s Build, Africa!” program, designed to assist…
Zimbabwean government approves Starlink's internet service license
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The Zimbabwean government has granted approval for Elon Musk’s Starlink to provide satellite-based broadband services across the country through its local partner…
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….
Africa needs to double spending to $6b to bridge digital divide: IFC
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Africa must significantly ramp up investments in digital infrastructure if it hopes to connect more people and businesses to the internet, according…
Kenyan e-commerce startup - Copia Global - faces shutdown, mass job losses loom
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Kenya’s tech ecosystem took a hit as e-commerce platform, Copia Global, is hovers on the brink of collapse after failing to secure…
Flutterwave suffers another major security breach, loses billions
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Nigerian fintech unicorn, Flutterwave, has suffered yet another devastating security breach, with unknown perpetrators illegally diverting billions of naira into unauthorized accounts…