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…
What you need to know about DeepSeek - the Chinese AI chatbot disrupting the AI community
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DeepSeek, a Chinese AI startup founded in late 2023, has sent shockwaves through the global tech industry with the release of its…
Oracle and Microsoft in talks to take over Tiktok global operations
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Oracle and Microsoft are in advanced negotiations to acquire control of TikTok’s global operations. This new development has shown a twist in…
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…
NCC approves 50% increase in telecommunication tariffs
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The Nigerian Communications Commission (NCC) has approved a 50% increase in telecommunications tariffs, marking the first of such adjustment in nearly eleven…