Friday, December 9, 2022
VC Funding
In recent weeks, tech media has been awash with coverage of falling startup valuations and sell-offs of once-booming stocks in vibrant sectors. May 2022 is the first time in over a year that global VC funding has fallen under $40...
Chipper Cash
Chipper Cash, a three-year-old startup that facilitates cross-border payment across Africa, has closed a $100 million Series C round to introduce more products and grow its team.  Chipper Cash was last in the news last November...
EV charging stations
South Africa has been ranked fifth globally in the ratio of public electric vehicle (EV) chargers to electric vehicles in 2020. People are looking at EVs as a chicken and egg scenario - which comes...
Uganda Medical Drones
Uganda has rolled out drone services to deliver medicine in remote parts of the country where healthcare has been neglected because of poor transport systems. Through medical drones, the country has been able to serve...
Africa Emissions 2030
African nations have agreed to work towards the reduction of environmental pollution through carbon emissions. The goal that was discussed during a climate summit, convened by US President Joe Biden, stands at an ambitious 32 percent...
Covid vacine
The African Union (AU) has launched a partnership aimed at leading the continent to self-sustenance in vaccine manufacturing. The plan entails the setting up of five research centres, which will also serve as vaccine factories, with...
Twitter Ghana
Ghana has been chosen to host social media giant Twitter's first African base. The decision was announced on the company's blog on Apr.12, with Twitter describing Ghana as part of the vibrant communities that drive African...
Tunisia Challenger One
Tunisia has launched its first satellite, Challenge ONE, into space. The successful endeavor was conducted on March 22, from Baikonur Cosmodrome in Kazakhstan. The launch was originally meant to be done on Mar, 20, but was postponed...
Flutterwave
African payments company Flutterwave announced that it has closed $170 million, valuing the company over $1 billion. New York-based private investment firm Avenir Growth Capital and U.S. hedge fund and investment firm Tiger Global led the Series C round. New and existing investors who participated...
Fahim Saleh
Nigerian startup CEO and founder, Fahim Saleh, was found dead and dismembered in his New York apartment on Tuesday July 14th. Local police discovered Saleh’s decapitated body, parts of which were in plastic bags in the...