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Moroccan fintech startup Gwala has secured an undisclosed pre-seed round raised to expand its services across Morocco and Africa. The startup, whose product provides real time earned wage access to employees in Morocco, was founded…
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Investment firm Partech has closed its Africa II fund at €245 million (~$263 million), according to reports from TechCrunch. The Africa II fund is the largest Africa-focused fund in the world. The fund, which was…
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Right at the heart of the startup ethos is fast growth and scalability. Investors are elated, founders are proud, and user communities are always excited to see the numbers grow. But fast growth is never…
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Nigeria-based agritech startup ThriveAgric has been selected as the West African winners of the annual AYuTe Africa Challenge, receiving a $1m grant prize. Organised by Heifer International, the Agriculture Youth Technology (AYuTe) Challenge was set…
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On February 2, Hytch, a Nigerian logistics startup, announced that it has shut down all its operations. “It’s been a tough one but we are shutting down operations finally. We would no longer be providing…
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The first few work weeks of the year are now dominated by the release of reports on African venture investing and tech. We published ours last week, by the way. These reports cover everything one…
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As inflation rates soar across the globe and the cost of living skyrockets, people are scrambling to find ways to stretch the income they have. One of these ways is the use of buy-now-pay-later (BNPL)…
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In a much needed public win since it became embroiled in scandals in 2022, Kenya has dropped its charges of financial impropriety against Flutterwave. The court case began in July 2022, when Flutterwave was charged…
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AfricaNXT is taking over Lagos, and it’s not your average conference. Formerly known as Social Media Week Lagos, this five-day gathering of brilliant minds is all about driving change through conversation and action. From February…
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game By Ngozi Chukwu Feb 04, 2023 Image source: Techcabal Get the best African tech newsletters in your inbox TC Daily Next Wave Events Weekender More from this author Events All the fun to be…
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Editor’s Note Week 05, 2023 Read time: 5 minutes This week, Amazon launches in Nigeria, while Elon Musk brings his internet service Starlink to the country. In other news, while MTN Nigeria announced revenues of…
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MTN has announced that Ghanaian tax authorities have withdrawn the tax liability case they had leveled against the pan-African telco on 13 January, 2023. The Ghana revenue authority had slapped MTN Ghana with a GHS8.2…
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