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Technology

The Hidden Costs of Owned Infrastructure vs Cloud

If your business, like many others, is faced with the decision of running your own infrastructure or migrating to the

Etap
Partnership

Suzuki by CFAO partners with ETAP to Enable Seamless Insurance for Nigerian Drivers

CFAO Motors, the sole distributor of Suzuki cars in Nigeria, has partnered with ETAP, an InsurTech company, to enable seamless access to insurance

Bloom
Fintech Funding Investment Venture Capital

YC-backed Sudanese Fintech Startup, Bloom Secures $6.5m Seed Round

Bloom, a Sudanese fintech startup, has raised a $6.5 million seed round from investors including Visa, Y Combinator, Global Founders

SOUTH AFRICA’S SMARTWAGE APPOINTS THAMSANQA MOYO AS ITS NEW CTO
Africa Funding Startup

Cathay AfricInvest Innovation Fund Complete Final Close of €110M

AfricInvest, a leading multi-asset investment platform in Africa and global venture capital firm Cathay Innovation, have completed the final close

Cassava
Funding Investment Startup Technology Venture Capital

Cassava Technologies Announces $50m Strategic Investment From C5 Capital

Cassava Technologies, an African tech company, has announced that it has secured a US$50 million investment from C5 Capital (C5),

FSD Africa
Funding Investment Venture Capital

FSD Africa Invests $3.5m in Catalyst Fund to Accelerate and Scale Pre-seed Impact Ventures in Africa 

FSD Africa has invested $3.5 million in global inclusive tech accelerator, Catalyst Fund, managed by BFA Global to anchor the

MOOVE CLOSES $20 MILLION FINANCING FROM ABSA
Africa Funding Investment Mobility

Moove Closes $20 Million Financing From Absa

Moove, the world’s first mobility fintech, has secured R300 million (US$20 million) in financing from Absa Corporate and Investment Banking

Swvl
Acquisition

Swvl Expands into Mexico with Acquisition of Mass Transit Tech Platform Urbvan

Swvl, a global provider of transformative tech-enabled mass transit solutions, has announced a definitive agreement to acquire Mexico-based Urbvan Mobility Ltd,

Twitter
Acquisition Business Social Media

Elon Musk Withdraws From $44B Deal to Purchase Twitter

Elon Musk, the founder of Tesla and SpaceX, has disclosed that he’s pulling out of a $44 billion deal to buy Twitter.

Visa
Partnership Payment

Flocash and Visa Partner to Promote Digital Capabilities for African SMEs

Visa has announced that it is partnering with Flocash, to promote digital capabilities for African SMEs through digital payments, supplier