Uber-backed Nigerian startup - Moove - eyes expansion into U.S. market
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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
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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
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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
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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
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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…
Kenyan HR Tech startup - Workpay - secures $5m investment
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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
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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
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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…
Quizac shuts down operations after rejecting $250,000 investment
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Educational technology startup Quizac has announced its closure, just months after turning down a $250,000 investment offer. The company, founded in 2021,…