Startups

Nigerian govt probes Temu over suspected data protection violations

Nigeria’s data protection regulator has launched a formal investigation into Chinese-owned e-commerce platform Temu...

Nigerian govt, Ericsson launch tech hackathon for youth, startups

Telecom giant Ericsson has partnered with the Nigerian government to launch the Connect NextGen...

Afrinvest rebrands digital arm as PlutusNeo in fintech pivot

Afrinvest (West Africa) Ltd. has rebranded its digital investment platform to PlutusNeo, signaling an...

Afreximbank unit FEDA invests $75 million in electric bike startup Spiro

The Fund for Export Development in Africa, or FEDA, the investment arm of the...

Africa not getting above 2% of global venture capital

Africa currently receives only 1% to 2% of global venture capital while representing 18%...

PayRetailers expands into Nigeria, 11 other African countries

PayRetailers, a leading payment processor in Latin America, has announced further expansion into Africa,...

Eko Health raises $41 million to scale AI-driven heart, lung disease detection

Eko Health, a pioneer in applying artificial intelligence for early detection of heart and...

E-commerce firm Copia is latest major African startup to be troubled

Copia Global, the Kenya-based online retailer, announced Friday it was entering administration after failing...

Pluboard Interview: Tipsy Lady “open to Africa partnerships”

Tipsy Lady, a fast-growing brand in the ready-to-drink (RTD) spirits market, is setting its...

How Nigerian startup Ecobarter turns waste to wealth

For years, inadequate waste management has plagued Nigeria, posing a severe threat to both...

Flutterwave customers get last chance to remove funds as Barter shuts

Nigerian payment company Flutterwave says it is close to a final shutdown of its...

UNDP launches $1 billion Timbuktoo Africa fund for tech startups

The United Nations Development Programme (UNDP) has launched a $1 billion fund for tech...

Top 100 business opportunities to watch in Africa in 2024

Despite rising food and fuel costs, weakening currencies, climate change effects, security threats, political...

inDrive launches $100 million fund for startups

Ride hailing company, inDrive, has announced the launch of a new venture arm with...

Burkina Faso’s Yikri wins €100,000 European microfinance award

Yikri, a microfinance institution from Burkina Faso, has emerged winner of this year’s €100...

Nigerian startup closes after $45m raise, founder launches new venture

54gene, a Nigerian biotech startup with an ambitious goal of advancing African genomics, has...