Norrsken22 closes $205M fund for African startups as growth-stage investments surge
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Norrsken22, an Africa-focused Venture Capital firm, has successfully closed its funding round at $205 million, surpassing its initial target by $5 million….
WhatsApp to allow users use two accounts on one smartphone
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WhatsApp, the popular messaging app owned by Meta, is rolling out a new feature that allows users to use two accounts on…
Meta introduces paid subscription plan for users in Europe to use Facebook and Instagram without ads
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Meta, the parent company of Facebook and Instagram, is set to launch an ad-free subscription service for users in Europe, following regulatory…
X rival, Pebble, shuts down after failing to gain traction
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Pebble, a microblogging platform aiming to challenge X (formerly Twitter), is closing its doors on November 1, 2023. The social media site,…
Kenyan Startup -Sukhiba Connect - Raises $1.5 Million for WhatsApp-based E-commerce Expansion in Africa
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Sukhiba Connect, a Kenyan social commerce startup, has secured $1.5 million in a funding round to drive its expansion beyond Kenya’s borders….
Fintech firm - Kippa - to discontinue KippaPay in profitability shift
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Kippa, a Nigerian fintech startup, has announced that it is discontinuing its offline payment product, KippaPay. The company is also laying off…
LinkedIn Announces Layoffs Amidst AI-Powered Transformation
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LinkedIn, the professional networking platform owned by Microsoft, announced on Monday that it will be laying off 668 employees across its engineering,…
Nigerian Logistics Startup - TruQ - Wins TC Startup Battlefield Competition
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TruQ, a Nigerian logistics startup, has won the TC Startup Battlefield competition. The startup, which operates by streamlining mid-mile logistics in Africa,…
Castelion Raises $14.2M In Seed Funding
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The defence industry is continuously evolving, and technological advancements play a pivotal role in ensuring national security and global stability, hence the…