Headlines
Moniepoint Raises $110M, Hits $1B Valuation to Expand Digital Banking in Africa
Moniepoint, Nigeria’s leading financial ecosystem provider, has raised $110 million in a Series C funding round aimed at accelerating its...
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PaidHR Pursues $1.5 Million Seed Round to Expand HR Services Across Africa
Nigerian HR-tech startup PaidHR, established in 2020 to streamline human resources functions for African businesses, is in talks to raise...
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Google Announces $5.8M Funding for AI Initiatives in Sub-Saharan Africa
Google has pledged $5.8 million to accelerate AI skilling initiatives across Sub-Saharan Africa. This investment supports organisations empowering people with...
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South Africa’s ‘Pick n Pay’ to Exit Nigeria After Selling 51% Stake in its Joint Venture
South African grocery retailer Pick n Pay is set to exit the Nigerian market by selling its 51% stake in...
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Pick n Pay Set to List Boxer Business in Africa’s Largest IPO of 2024
Pick n Pay Stores Ltd. has announced plans to list its low-cost retail chain, Boxer, on the Johannesburg Stock Exchange...
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Indonesia Blocks iPhone 16 Sales Over Local Investment Rules, Delaying Apple’s Entry into Major Southeast Asian Market
Indonesia has put a hold on Apple Inc.'s plans to sell its latest iPhone 16 models in the country, citing...
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Headline: Starlink Reverses Price Hike in Nigeria After Regulatory Pushback
Starlink, the satellite internet company owned by Elon Musk’s SpaceX, has rescinded its recent price increase in Nigeria following intervention...
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South Africa’s visionAI Secures Funding to Revolutionize AI in Manufacturing and Supply Chains
South African-based visionAI, a prominent player in artificial intelligence and computer vision solutions, recently announced a major investment from Kalon...
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Ibrahim Ibitade Opens Up on Leatherback Departure, Internal Disputes, and EFCC Probe
In a surprising turn for Nigeria’s cross-border payments scene, Leatherback recently announced the departure of its co-founder and CEO, Ibrahim...
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Moroccan Startup Colis.ma Secures $300,000 to Boost African Expansion
Moroccan logistics startup Colis.ma has raised $300,000 to strengthen its footprint in Africa and enhance its cross-border logistics services. Founded...
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