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Nigeria’s Autochek acquires Cheki Kenya and Uganda from ROAM Africa
Description:
Nigerian automotive tech company Autochek today is announcing the acquisition of Cheki Kenya and Uganda from Ringier One Africa Media (ROAM) for an undisclosed amount. Per a statement, Autochek will finalize the deal in the coming weeks. With the acquisition,…
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The Rocket League Championship Series is expanding to Asia and Africa
Description:
Psyonix has revealed
details for the next Rocket League Championship Series
season, and it's looking to take the esport to new heights. Not only will the 2021-22 RCLS have the biggest prize pool of any season with $6 million up for grabs, there will be th…
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Plentywaka founder Onyeka Akumah on African startups and global expansion
Description:
Plentywaka, a combination of English and Nigerian that means “plenty movement," has big plans to ameliorate the public transport infrastructure in Africa and beyond.
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Nigerian one-click checkout platform OurPass raises $1M pre-seed, wants to build ‘Fast for Africa’
Description:
We like to buy things online ranging from e-commerce stores to subscription-based sites. However, no one enjoys the hassle when you have to always re-log into different sites and stores. I mean, shopping can be a whole lot more fun if a fast logging and check…
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Zip acquisition of Payflex means Africa is ripe for BNPL disruption
Description:
Australian buy now, pay later (BNPL) company Zip this week acquired South Africa-based BNPL player Payflex for an undisclosed amount. It’s a piece of news that once again highlights the hype around BNPL services and the quest for global dominance among the le…
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South Africa danger zone: Living in a 'hijacked' building
Description:
Pictures of squatters in a South African inner city with high levels of crime, drugs and prostitution.
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Facebook's 2Africa to become the longest subsea cable in the world
Description:
2Africa, a subsea cable project funded by Facebook and several telcos, will become the longest subsea cable system ever deployed by the time it's finished. The social network has announced that the consortium of companies behind the initiative has decided to …
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Wisetack closes on $40M to bring ‘buy now, pay later’ to in-person services
Description:
Buy now, pay later is growing globally — with various companies expanding to, and in, different parts of the world, such as Africa, Latin America and Asia. Here in the U.S., Affirm and Klarna are big players, and Square recently announced plans to acquire Aft…
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Prosus acquires Indian payments giant BillDesk for $4.7B, will merge with its PayU fintech group
Description:
More consolidation underway in the world of payments: Prosus — the Dutch tech giant that bundles together Naspers’ fintech, e-commerce and other international investments and businesses outside of South Africa — today announced that it would pay $4.7 billion …
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Glovo to double down African investment in the next 12 months but will it stay put?
Description:
Spanish on-demand delivery platform Glovo today announced the expansion of its operations in Africa and plans to double its investment on the continent. The Barcelona-based company has invested up to €25M ($30M) by bringing its food delivery service to six Af…
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Sequoia Heritage, Stripe and others invest $200M in African fintech Wave at $1.7B valuation
Description:
Francophone Africa has its first unicorn, and if you’ve been following tech on the continent, you will be very unsurprised to hear that it’s coming from the world of fintech. Wave, a U.S. and Senegal-based mobile money provider, has raised $200 million in Ser…
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LoftyInc Capital launches third fund at $10M for a more diverse portfolio of African startups
Description:
LoftyInc Capital, a pan-African VC firm, announced today that it is launching its third fund — LoftyInc Afropreneurs Fund 3 — at $10 million for tech startups in Africa. The firm has reached the first close of $5.5 million. Some of the limited partners in the…
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Wisetack closes on $45M to bring ‘buy now, pay later’ to in-person services
Description:
Buy now, pay later is growing globally — with various companies expanding to, and in, different parts of the world, such as Africa, Latin America and Asia. Here in the U.S., Affirm and Klarna are big players, and Square recently announced plans to acquire Aft…
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Technology giant Olympus hit by BlackMatter ransomware
Description:
Olympus said in a brief statement Sunday that it is “currently investigating a potential cybersecurity incident” affecting its European, Middle East and Africa computer network. “Upon detection of suspicious activity, we immediately mobilized a specialized re…
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African artists are banking on a record-breaking contemporary and modern art market
Description:
For Abidjan-based artist Saint-Étienne Yéanzi, the continent's social and political reality has sparked a creative evolution for contemporary African artists, he says, giving them confidence to work and stay in Africa.
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Letter from Africa: The wonders of Somali cuisine and a taste of home
Description:
Ethiopian and Eritrean food is well known globally, but this is your chance to discover Somali cooking.
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Sri Lanka thrash South Africa to take ODI series - Reuters
Description:
Rookie off-spinner Maheesh Theekshana ripped through South Africa as Sri Lanka won the third one-day international by 78 runs to clinch the three-match series 2-1 in Colombo on Tuesday.
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S. Africa grants jailed ex-leader Zuma medical parole - Reuters
Description:
South Africa's jailed former president Jacob Zuma has been placed on medical parole because of his ill health, the government's correctional services department said on Sunday.
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CONCACAF Champions League to expand in 2024 - Reuters Africa
Description:
The CONCACAF Champions League will grow its field from 16 to 27 participants beginning in 2024, the governing body announced Tuesday.
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Elon Musk says Starlink internet service will leave beta in October
Description:
SpaceX's Starlink satellite broadband might not be considered a test for much longer. Elon Musk told Twitter users that Starlink should exit beta "next month" — that is, sometime in October. You could theoretically could use the quicker-than-usual service in …