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The Equator Africa Fund has secured a significant investment of $5 million from Proparco, a French development finance institution. This...

Nigerian Drone Pioneer Terrahaptix Reaches New Heights with $2M Revenue

Nigerian drone company Terrahaptix has achieved a remarkable milestone, recording $2 million in revenue in its first year of operation....

Nubank Leads $250M Investment in Tyme, South Africa’s Fastest-Growing Digital Bank

Tyme, a South African digital bank, has reached a valuation of $1.5 billion after securing a $250 million investment led...

Bootstrap Europe Brings EUR250 Million Boost to African Startups with New Debt Funding Franchise

Bootstrap Europe, a prominent EUR250 million growth debt fund, has announced its expansion into Africa. This move aims to increase...

EU-Backed FUNGUO Program Boosts Tanzanian Startup Ecosystem with 18 New Innovators

The European Union-funded FUNGUO program has announced the selection of 18 Tanzanian startups for its latest cohort. This initiative aims...

SA Startup Talk360 Spins Out Revolutionary Payments Platform to Fuel Africa’s E-commerce Growth

South African startup Talk360 has made a significant move by spinning out its payments platform, targeting e-commerce merchants across the...

African Fintech Startup Processes $1 Billion in Cross Border Payments

In the rapidly evolving landscape of digital currencies, a stealthy African stablecoin startup has made a significant impact, processing over...

Community Driven Bug Hunting Platform Revolutionizes Software Testing

Prequel, a revolutionary platform, is pioneering a community-driven approach to finding software bugs. In an era where technology is advancing...

Rhode Island Cyberattack Exposes Sensitive Data of Thousands

The state of Rhode Island recently announced that a cyberattack on its social services system has likely resulted in a...

Open Source Software Companies Go Proprietary