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Tech Company CEO Battle: Founder Refuses to Step Down
A dramatic power struggle has unfolded within at OpenWeb as founder as refused to step down for new interim founder.
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Nigeria To lose Its Position as the 3rd Largest Economy In Africa
The African startup faced a lot of losses last week with startups shutting down, let’s dive into the happenings last week.
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Meta to allow Nigerians Monetize on their platform
Meta Platforms has opened its arms to African creators, Nigerian inclusive to make money creating content on their platform and this feature will...
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Triply Secures $500,000 Investment Fund from Y Combinator
Kenyan travel tech startup Triply.co has secured a significant investment of $500,000 (Sh65.8 million) from Y Combinator, a prestigious startup accelerator program. This funding marks...
Mosopefoluwa2 Mins read
Verod-Kepple Africa Ventures Raises $60 Million to Invest in African Startups
Key Points: Verod-Kepple Africa Ventures (VKAV), a pan-African venture capital firm, has closed its first fund at $60 million. This allows them to...
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Airtel Africa Buys Back Shares to Reduce Debt and Improve Efficiency
Airtel Africa, Nigeria's second-largest mobile network operator, has repurchased 8.6 million shares from Citigroup as part of its share buyback program launched in...
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Turkish Startup, Ikas raises $20 Million in a Series A Round.
Turkish e-commerce platform ikas is setting sail for new markets in Eastern Europe and the DaCH region (Germany, Austria, and Switzerland) after securing...
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MultiChoice Nigeria lost ₦7.9 billion ($16.23 million) in a fraudulent foreign currency exchange transaction
MultiChoice Nigeria lost ₦7.9 billion ($16.23 million) in a fraudulent foreign currency exchange transaction
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Saas Startup Singleinterface Raises $30 Million in Fund Rounding
What’s made Amazon shoppers fall in love with Tozos? Superior audio quality, of course, courtesy of 6-millimeter speaker drivers that produce powerful, crystal-clear...
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