BD Insider 228: Multichoice hit in ₦7.9 billion fraud
Inside: Nigeria wants to launch another national ID, Kenya's e-mobility policy and Hauwei's $10 million cloud credit grant for African startups.
Johnstone Kpilaakaa
African tech VC funding declined 51% YoY in Q1 2024
In Q1 2024, African startups raised at least $369 million across 64 publicly announced deals, a 51.36% plunge from the previous year according to BD Funding Tracker.
Kenyan traveltech Triply is the third African startup in YC 2024 winter batch
Kenyan traveltech startup Triply has joined Y Combinator's 2024 winter batch as the third African company selected.
Thepeer, a startup facilitating inter-wallet operability in Africa is shutting down
Three-year-old seed-stage African API fintech, Thepeer is shutting down after raising nearly $2.5 million in funding.
Netflix hikes subscription prices in Nigeria
Netflix, a leading global streaming service, has hiked its subscription fees in Nigeria by 11%.
BD Insider 227: Why Cellulant exited the Nigerian mobile money market
Inside: Cellulant exits Nigerian mobile money market and Uber's statement on its data sharing agreement with Lagos.
TikTok's sister app LetsChat shuts down in Africa
TikTok's parent company, ByteDance, has shutdown its instant messaging app, LetsChat in Africa.