In a landmark move aimed at bolstering innovation and entrepreneurship across Africa, the African...

This latest capital infusion follows a series of substantial funding rounds totaling $520 million over the past two years.

The FCCPC’s investigation, conducted jointly with the Nigeria Data Protection Commission (NDPC), found that Meta and WhatsApp engaged in abusive and invasive practices against Nigerian consumers and data subjects

This acquisition is part of HostAfrica’s broader strategy to dominate the African web hosting market. The company has been acquiring various local hosting companies to expand its network. Since its inception in 2015, HostAfrica has acquired several companies.

The company’s business model, which combines a subscription-based service with equipment sales, aligns with the growing tele-rehabilitation market, projected to reach USD 15.9 billion by 2032 (Global Market Insights, 2023).

The company’s cap table is notably influenced by the IFC, Partech Africa, and Prime V Holding 2 B.V., all of whom have shown continued support for TerraPay’s mission.

The advantages of obtaining the startup label extend far beyond mere recognition. Labelled startups enjoy a suite of benefits designed to accelerate their growth and sustainability

Egypt's Cmiles CX is known for its innovative use of kiosks to gather real-time customer feedback at physical touchpoints, offering valuable insights into customer interactions.

Zeelo, a US-based company that launched its South African operations in 2019, has decided to exit the market to focus on its core markets in the US, UK, and Ireland.

The company’s PayGo model allows customers to pay for solar products in installments using mobile money.

To qualify, entrepreneur must have a significant ownership stake (at least 10%) in a U.S.-based startup that was formed within the last five years.

The funding round was led by a consortium of high-net-worth individuals and investors, including CrossBoundary, Redshaw Advisors, and existing investor, the Steyn Group.