Mecho Autotech, a Nigerian startup offering automotive spare parts, vehicle repairs, and maintenance services, has laid off an undisclosed number of full-time employees from its 40-person team. The company cited Nigeria’s challenging macroeconomic conditions and foreign exchange (FX) volatility as key reasons for the downsizing. Remaining full-time employees will transition to contract roles, according to

The most recent iteration of a legacyBased on the Massachusetts Institute of Know-how in...

That is as we speak's version of The Obtain, our weekday e-newsletter that gives a...

A recent report by the African Business Angel Network (ABAN) reveals that 77% of African angel investors have invested less than $25,000 in startups between 2022 and 2024. The finding points to a cautious, risk-averse approach among investors in the continent’s startup ecosystem. The report, based on a survey of over 110 angel investors who

US medical doctors write billions of prescriptions every year. Throughout 2024, although, one...

Genghis Capital, a Kenyan investment bank, has accused Safaricom of “business fraud” over the launch of a competing money market fund, Ziidi, which the telco rolled out in November 2024. The dispute centres on Safaricom’s alleged decision to stall the rollout of Mali, a fund launched in partnership with Genghis in 2020, and instead register

This text first appeared in The Checkup, MIT Know-how Assessment’s weekly biotech publication. To obtain...

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PBR Life Sciences, a Techstars-backed healthcare data analytics company, has raised $1 million in pre-seed funding. The company will use part of the funds to invest in AI infrastructure and expand into Ghana and Kenya.  The funding was raised from Launch Africa, Microtraction, Kaleo Ventures, Octerra Capital, Marula Square, XA Africa, ARM Labs, and Techstars.

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The South African Social Security Agency (SASSA) has announced an exciting external vacancy in its Western Cape region. This is an opportunity for qualified individuals searching for jobs in South Africa ahead of 2025, and with a desire to join the SA public service. Job details Position: Practitioner: Disability Management Unit Location: Regional Office, Cape

The South African Social Security Agency (SASSA) has officially announced the dates for the January SASSA payment 2025. Beneficiaries of various grants are advised to take note of the payment schedule and plan accordingly. Below is a breakdown of the key dates and important information regarding the disbursement process. Payment dates for January 2025 Older