Tanzanian Software company, Ramani, secures $32 million to develop new products
2 Mins read
Tanzania-based software company, Ramani, has secured $32 million in its equity and dept financing round. Ramani, which is a YC Combinator backed…
Twitter to encrypt DMs and allow video, voice calls
2 Mins read
Twitter’s Chief Twit, Elon Musk, has presented his plans to improve Twitter users’ communication privacy. The new Twitter owner said this in…
Kenyan logistics platform, Leta, raises $3m pre-seed funds
1 Mins read
Kenyan B2B supply chain and logistics platform, Leta, has raised $3 million in its pre-seed funding round. The startup announced that the…
The IFC launches $225m to support early-stage businesses in Africa
2 Mins read
The International Finance Corporation (IFC), a global development institution focused on businesses in developing countries, has announced its plan to help support…
Baraka, a zero-commission investment app, raises $20 million led by Valar Ventures
2 Mins read
Baraka, a commission-free investment app that is based in the Middle East, has raised $20 million in its series A funding round….
Tech layoffs: 10 companies that have fired workers
3 Mins read
It would seem 2022 is the year of workforce downsizing in the tech world. Several tech companies in the world have gone…
Meta to cut 11,000 jobs amidst gloomy financial challenges
2 Mins read
Facebook parent company, Meta, has confirmed that it will embark on a massive layoff of a large number of its workforce. The…
Algerian startup - Yassir - raises $150m; plans African expansion
2 Mins read
Yassir, an Algerian startup based in San Francisco, USA, has raised $150 million in its series B fundraising round. The startup, which…
Proptech startup - SmallSmall - secures $3m to improve property management in Nigeria
2 Mins read
One of the biggest challenges plaguing Nigeria has been the issue of housing deficit. This becomes more problematic with the economic situation…