Startups
Inability to service debts, cash flow problems, and electricity stability cripple Hohm Energy
Bamburi‘s biggest shareholder has approved a $182.8 million buyout offer from the Amsons Group. Holcim, the shareholder company in question, is a Swiss construction materials manufacturing company. It has made...
The Venture firm insists it remains committed to "invest, grow and scale" African tech startups
Peleza, the Kenyan identity management startup has merged with YC-backed Prembly. The outcome of this merger is a new business entity known as the Prembly Group. The move follows a...
Connect Money Secures Funding For Northern African Expansion
Agricultural data analytics startup, Gro Intelligence has reportedly decided to shut down its operations in the United States of America. This comes on the heels of its difficulty of securing...
Moroccan Agri-Tech Company Receives $7 Million Pre-series A For Transparent and Sustainable Food Supply YoLa Fresh, an innovative Moroccan agri-tech startup has taken giant strides towards accelerating its expansion in...
In a strategic partnership with ALX Africa, the Patoranking Foundation has launched its $500,000 (approx. NGN700 million) tech scholarship initiative which aims to provide 40 young tech-passionate Africans with access...
One month after court order to recover $24 million, FinTech company, Flutterwave suffers another security breach
