WeCare secures $350,000 to propel ethical, sustainable lab-grown diamonds
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The search and mining of diamonds have been one of the causes of major armed conflicts in mining communities around the world,…
Kenyan Insurtech - Pula - raises $20m to expand farmer insurance across Africa
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Pula, a Kenyan insurtech startup, has secured $20 million in Series B funding to scale its innovative offerings to more smallholder farmers….
Nigerian fintech startup - Thepeer - shuts down; returns investor funds
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In a move considered rare for the African tech startup scene, Nigerian fintech company, Thepeer, has announced it is shutting down operations…
Kenyan electric bus maker - BasiGo - raises $3m to push expansion in East Africa
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BasiGo, a pioneering electric mobility startup based in Kenya, has secured $3 million in equity funding from French multinational CFAO Group. The…
Egyptian edTech startup - Sprints - raises $3m to expand its offerings
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Sprints, an Egyptian edtech company leveraging AI to bridge the tech talent gap, has secured $3 million in a bridge funding round…
MTN Group to invest billions in boosting Data and Fintech services across Africa
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In a move to solidify its position in the rapidly evolving digital landscape, MTN Group, the telecommunications giant, has announced plans to…
Flutterwave's Chief Operating Officer departs amidst executive exits
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In a move that adds to the recent string of high-profile departures from Flutterwave, the African fintech giant’s Chief Operating Officer (COO),…
Nigeria to install e-Gates at airports to ease travel processing
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The Nigerian government has announced plans to install electronic gates (e-gates) at airports across the country to streamline immigration processing for arriving…
X settles with laid-off Ghana staff after 14 months
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X, formerly known as Twitter, has reached a settlement with employees laid off from its Africa headquarters in Ghana in November 2022….