Startups
Nigerian Retail-Tech Startup OmniRetail Acquires Traction Apps to Strengthen Its SME Offerings
Nigerian retail-tech company OmniRetail has announced the acquisition of Traction Apps, a move aimed at enhancing its digital services for...
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Nigerian Fintech Startup Klasha Raises Additional $2 Million for Expansion into China
Nigerian fintech company Klasha has secured an additional $2 million in funding to accelerate its expansion into the Asian market,...
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IHS Towers Secures $439 Million Loan to Refinance Debt and Support Operations
IHS Towers, a leading independent owner, operator, and developer of wireless communication infrastructure, has secured a $439 million loan to...
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Sawari Ventures Prepares to Launch Second Fund Targeting African Startups with $200 Million Raise
Egypt-based venture capital firm, Sawari Ventures, is gearing up to launch its second fund, "Sawari Ventures II," in early 2025...
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U.S. Federal Regulators Approve eVTOL Aircraft for Airspace Integration, Boosting Joby Aviation and Archer Aviation’s 2025 Air Taxi Plans
Federal regulators have officially opened the skies for electric vertical takeoff and landing (eVTOL) aircraft, a pivotal moment for the...
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Furno Cement Startup Secures $20 Million Grant to Revolutionize Cement Production in Chicago
Furno, a cement startup, has secured a $20 million grant from the U.S. Department of Energy (DOE) to fund the...
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Rwanda’s E-Mobility Provider IZI Secures $222,000 to Expand Electric Bus Fleet
Rwanda’s electric mobility sector is set for further growth as e-mobility provider IZI secures $222,000 in funding to expand its...
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Tappi’s $11 Digital Solutions Set to Boost Growth for M-PESA’s 650,000 Merchants in Kenya
Kenya’s mobile payment giant M-PESA, with a user base of over 60 million and connections to 900,000 businesses, continues to...
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PaidHR Introduces Cross-Border Salary Payments in 49 Local Currencies
Nigerian HR tech company PaidHR is set to transform payroll management by enabling employees to receive salaries in 49 local...
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Okra Ventures into Cloud Services with Nebula, Challenging Global Cloud Giants in Nigeria
Okra, a Nigerian open-banking startup, has officially launched Nebula, its new cloud infrastructure service, entering a growing local cloud provider...
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