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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...

Tech Updates

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...

Tech Updates

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...

Tech Updates

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

Tech Updates

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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Roam and Mogo Partner to Electrify Kenya’s Boda Boda Industry

Electric mobility company Roam has joined forces with asset financier Mogo to make electric motorcycles a more accessible option for Kenya's ubiquitous boda...

Tech Updates

French Startup Pigment Raises $145 Million 

Paris-based Pigment, a business planning platform, defied the recent French tech funding slump by securing a whopping $145 million. This impressive feat, just...

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Nigeria’s Stock Exchange Invests in Ethiopia’s First Ever Security Exchange

Ethiopia successfully secured $26.6 million for its first-ever securities exchange, the Ethiopian Securities Exchange (ESX), exceeding its initial target of $11.07 million. This...