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Two months after it raised bridge financing to solve challenges with working capital, the Nigerian business banking startup Brass has been acquired by a consortium of investors led by payment giant Paystack, culminating talks that…
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Caantin, the Kenyan startup that was formerly called Kibanda and then TopUpMama, has led many lives. Backed by Ventures Platform and DFS Labs, Kibanda was digitising the supply chain for small restaurants in Kenya. As…
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In 2019, the BBC team sent a crew to test a climate control device called The Lightbox. The device, which reportedly can utilize water and light to mimic photosynthesis and cool the environment, was met…
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The central theme at Africa Tech Week, held at Century City, Cape Town, was artificial intelligence (AI). Although AI has been a big subject at most tech events in South Africa over the past year,…
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Copia Global, a B2C e-commerce platform and the parent company of Copia Kenya has entered administration one week after a TechCabal report revealed the company was considering shutting down. The startup has appointed Makenzi Muthusi…
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As digital payments grow in Nigeria and the country makes progress in its financial inclusion drive, fraud incidents have also reached worrying levels. In the past year, banks and fintech have lost billions of naira…
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Africa will need to double its spending to $6 billion annually if it hopes to connect more people and businesses to the Internet. The money will be used to deploy more fibre optic cables from…
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Kenya’s 2024 Finance Bill, which proposes new taxes on several items and services, has drawn widespread criticism from citizens this week. If passed, the law will give the Kenya Revenue Authority (KRA) sweeping powers to…
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Ride-hailing giant Bolt has introduced a flexible pricing system allowing passengers to offer higher fares to drivers to increase their chances of getting rides during periods of high driver demand. Trip delays have become more…
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The Namibia Student Financial Assistance Fund (NSFAF) supports Namibian students with financial needs, enabling them to access higher education. This initiative is just like the recently launched NELFUND in Nigeria by the Federal Government, for…
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eMedia, the South African television broadcaster that owns eTV and eNCA, recorded a profit after tax of R315 million ($17 million) despite a 1% advertiser spending pullback in the country. The company’s R3.1 billion ($168…
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Maëlle Gavet will step down as CEO of Techstars at the end of May 2024 due to health reasons, ending her almost four year leadership of the global accelerator. She will be replaced by David…
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