TechKudi

21/02/2024

Partech, a global investment firm, has successfully concluded the final closing of its second Africa-focused fund, Partech Africa II, reaching an impressive hard cap of €280 million (over $300 million).

In a significant move to underscore its commitment to the African tech landscape, the firm has also announced the establishment of a new office in Lagos, Nigeria.

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Partech, a global investment firm, has successfully concluded the final closing of its second Africa-focused fund, Partech Africa II,

21/02/2024

According to Techpoint, The CBN could be looking to block Nigerians from using crypto websites to combat the weakening of the naira.

While this is unconfirmed a source close to the matter said the apex bank could use telcos to block access to those websites and apps in Nigeria.

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According to Techpoint, The CBN could be looking to block Nigerians from using crypto websites to combat the weakening of the naira.

21/02/2024

Amidst global economic uncertainties, Jumia, Africa’s leading e-commerce platform, concluded 2023 with resilience and strategic adaptability.

Despite facing challenges in Q4 2023, the company emphasized operational efficiency, minimized losses, and fostered sustainable growth.

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Amidst global economic uncertainties, Jumia, Africa's leading e-commerce platform, concluded 2023 with resilience and strategic adaptability.

21/02/2024

The SPARK 20 Pro+ by TECNO, an innovative technology brand, has earned prestigious recognition at the French Design Awards 2024, securing the Platinum Winner title in two distinct sub-categories: Mobile Phones, Tablets, and Wearables, as well as Digital & Electronic Devices, under the Product Design category.

The SPARK 20 Pro+ by TECNO, an innovative technology brand, has earned prestigious recognition at the French Design Awards 2024.

21/02/2024

In a dynamic collaboration that is revolutionizing the Nigerian lottery scene, Whispa Konnect and Globacom Limited (Glo) have united forces to introduce an exciting range of innovative Glo lottery games.

Operating under the WinWise banner – “Getwyse, Get rewarded,” these games are not only reshaping the landscape of lotteries in Nigeria but also redefining the concept of “Winning with Glo.”

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Whispa Konnect and Globacom Limited (Glo) have united forces to introduce an exciting range of innovative Glo lottery games.

14/02/2024

Kenyan electric mobility firm Roam, previously known as Opibus, has successfully secured a significant funding boost of $24 million in a combination of debt and equity.

The funds are earmarked for accelerating the company’s expansion initiatives across Africa.

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Kenyan electric mobility firm Roam has successfully secured a significant funding boost of $24 million in a combination of debt and equity.

14/02/2024

Access Holdings Plc’s Board of Directors has named Bolaji Agbede as the Acting Group Chief Executive Officer following the tragic death of the former Group CEO, Herbert Wigwe, in a helicopter crash.

This announcement aligns with the company’s succession plan before his death.

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Access Holdings Plc's Board of Directors has named Bolaji Agbede as the Acting Group CEO following the tragic death of the former Group CEO, Herbert Wigwe

14/02/2024

Nigerian lending platform Carbon has successfully acquired the fintech startup Vella Finance, as announced by its parent company One Credit Limited.

The financial terms of the acquisition remain undisclosed.

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Nigerian lending platform Carbon has successfully acquired the fintech startup Vella Finance, as announced One Credit Limited.

14/02/2024

The system is designed so that we don't do business with each other - Femi Longe

cc:

13/02/2024

Peter Alfred-Adekeye is helping Nigerians conduct International trade with blockchain-backed Boom. It bridges the financial gap for Africans, enabling e-commerce without a bank account.

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Peter Alfred-Adekeye is helping Nigerians conduct International trade with Boom. It bridges the financial gap for Africans.

12/02/2024

Kenyan health-tech startup, Ilara Health, has successfully concluded a $4.2 million pre-series A round, combining equity and debt funding.

The funding, led by DOB Equity, also involved contributions from AAIC Investment, Angaza Capital, Black Pearl Investments, Perivoli Innovations, Alphamundi, and Kiva Capital.

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Kenyan health-tech startup, Ilara Health, has successfully concluded a $4.2 million pre-series A round, combining equity and debt funding.

12/02/2024

Botswana's telecoms regulator, the Botswana Communications Regulatory Authority (BOCRA), has issued a warning to the public against the importation, use, and reselling of Starlink devices in the country.

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Botswana's telecoms regulator, the Botswana Communications Regulatory Authority (BOCRA), has issued a warning to the public against the importation, use, and reselling of Starlink devices in the country.

09/02/2024

Angola's prominent telecommunications company, Unitel, is gearing up for an initial public offering (IPO) in 2024, according to a recent report by Bloomberg.

This strategic move by the Central African nation aims to stimulate economic growth and entice foreign investments.

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Angola telco company, Unitel, is gearing up for an initial public offering (IPO) in 2024, according to a recent report by Bloomberg.

07/02/2024

Microsoft has revealed its plans to construct a cutting-edge data center campus in Kosmosdal, Centurion, South Africa, reinforcing the tech giant's commitment to advancing data management capabilities.

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Microsoft has revealed its plans to construct a cutting-edge data center campus in Kosmosdal, Centurion, South Africa.

07/02/2024

Uber and Indrive, two well-known ride-hailing platforms, may face the risk of losing their operating rights in Abuja, the capital city of Nigeria.

The cause behind this potential setback lies in their failure to obtain operating licenses from the Federal Capital Territory Administration (FCTA) through its Transport Secretary.

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Uber and Indrive, may face the risk of losing their operating rights in Abuja, the capital city of Nigeria.

06/02/2024

Senegal shuts down internet on Monday following widespread protests triggered by President Macky Sall’s postponement of the February 25th presidential election. This marks the third internet shutdown in the country within the past year.

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Senegal shuts down internet on Monday following widespread protests triggered by President Macky Sall's postponement of the February 25th presidential election.

06/02/2024

MTN, Africa's largest mobile operator, just secured a $200 million investment from global payments giant Mastercard.

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MTN, Africa's largest mobile operator, just secured a $200 million investment from global payments giant Mastercard.

05/02/2024

MultiChoice, the pan-African broadcasting giant valued at $2.15 billion, has officially rejected a non-binding acquisition proposal from Canal+, the pay-TV company owned by Vivendi.

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MultiChoice, has officially rejected a non-binding acquisition proposal from Canal+, the pay-TV company owned by Vivendi.