“Netflix and chill” is no longer free for Kenyans
Starting November 1, Netflix is ending its free plan that has been available for Kenyans for the last two years.
Tulsa-based WriteSea acquires CoverAI, a Nigerian AI startup
Tulsa-based WriteSea has acquired CoverAI, a three-month-old Nigerian startup, in an undisclosed deal.
Exclusive: Troubled Ghanaian fintech, Dash set to lay off 50% of its staff
Seven months after Dash CEO was suspended to enable a financial audit, the Ghanaian fintech plans to downsize its workforce by 50% due to its inability to raise additional funding.
Stears transitions to B2B, launches intelligence solutions for businesses
Pan-African data and intelligence company, Stears today announced its transition from B2C to B2B. The company has also launched intelligence solutions for businesses and professionals.
South African fintech, Stitch secures $25 million Series A extension
Stitch has secured a $25 million Series A extension in a round led by Ribbit Capital. The funds will be used to further develop its all-encompassing payment solutions.
Africa accounts for 40% of Techstars Toronto's investment portfolio
In the last six years, Techstars Toronto has made 100 investments in startups across the globe. 40 of these investments are in Africa.
South African insurtech startup, Root secures $1.5M to fuel UK and European expansion
Root has secured $1.5 million in additional funding to drive its UK and European growth plans.