Africa: Africa's Top Mobile Phone Seller Transsion Lists in Chinese IPO

Chinese mobile-phone and device maker Transsion has listed in an IPO on Shanghai's STAR Market, a Transsion spokesperson confirmed to TechCrunch. Read more »

Africa: Nigeria's CChub Acquires Kenya's Ihub to Create Mega Africa Incubator

Two of Africa's powerhouse tech incubators will join forces. Nigerian innovation center and seed-fund CcHub has acquired Nairobi based iHub -- CcHub CEO Bosun Tijani confirmed to… Read more »

Africa: Manufacturing App Platform Tulip Raises a U.S.$39.5 Million Series B

Back in 2017, Tulip raised a $13 million Series A, with help from NEA, Pitango Venture Capital and a handful of investors who were already on board for its seed round. Now the… Read more »

Africa: Hear About Investing in African Tech At Disrupt Sf With Marieme Diop, Wale Ayeni and Sheel Mohnot

If you're a VC or founder in London, Bangalore or San Francisco, you'll likely interact with some part of Africa's tech landscape for the first time -- or more -- in the near… Read more »

Africa: Andela Cuts 400 Staff As It Confirms U.S.$50 Million in Revenue

Africa focused tech talent accelerator Andela will cut 400 junior engineers across Kenya, Uganda, and Nigeria, CEO Jeremy Johnson told TechCrunch. Read more »

Nigeria: Nigerian Online-Only Bank Startup Kuda Raises $1.6m

Nigerian fintech startup Kuda -- a digital-only retail bank -- has raised $1.6 million in pre-seed funding. Read more »

Nigeria: SF-Based African Fintech Startup Chipper Cash Expands to Nigeria

The African no-fee, cross-border payment startup Chipper Cash has expanded to Nigeria. Read more »

Africa: Accion Venture Lab Launches U.S.$23 Million Inclusive Fintech Startup Fund

Accion Venture Lab--the seed-stage investment arm of non-profit Accion--has raised $23 million for a new inclusive fintech startup fund. Read more »

Africa: Africa Roundup - Goldman Backs Kobo360, Rwanda Commits to Evs, Interswitch IPO Update

Nigerian freight logistics startup Kobo360 raised a $20 million Series A round led by Goldman Sachs and $10 million in working capital financing from Nigerian commercial banks. Read more »

Nigeria: Update On Nigerian Fintech Firm Interswitch and Its Speculative IPO

Nigerian fintech firm Interswitch has been circulating in business news around a possible IPO on the London Stock Exchange. Read more »

Rwanda: Rwanda to Phase Out Gas Motorcycle-Taxis for E-Motos

The government of Rwanda will soon issue national policy-guidelines to eliminate gas motorcycles in its taxi sector in favor of e-motos. Read more »

Africa: Tastemakers Raises $1m to Sell Africa Experiences to the World

New York-based startup Tastemakers has raised a $1 million seed-round -- led by Precursor Ventures -- for its business that connects Africa adventures to global consumers. Read more »

Nigeria: Logistics Startup Kobo360 Raises $30M Backed By Goldman Sachs

Nigerian freight logistics startup Kobo360 has raised a $20 million Series A round led by Goldman Sachs and $10 million in working capital financing from Nigerian commercial banks. Read more »

South Africa: Tech Startup Aims to Crowd-Solve Local Problems

Zindi is convening Africa's data scientists to create AI solutions for complex problems. Read more »

Africa: Africa's Top Mobile Phone Seller Transsion to List in Chinese IPO

Chinese mobile-phone and device maker Transsion will list in an IPO on Shanghai's STAR Market, Transsion confirmed to TechCrunch. Read more »

Africa: A Newly Discovered Hacking Group Is Targeting Energy and Telecoms Companies

There's a new hacking group on the radar targeting telecommunications and oil and gas companies across Africa and the Middle East. Read more »

Kenya: Startups BRCK and Swvl Partner On Free Wi-Fi for Kenyan Ride-Hail Buses

Nairobi-based internet hardware and service startup BRCK and Egyptian ride-hail venture Swvl are partnering to bring Wi-Fi and online entertainment to on-demand bus service in… Read more »

Africa: Vertofx Raises $2m for Its African and EM Currency Trading Platform

VertoFX, an Africa and emerging markets focused currency trading and payment startup, has raised a $2.1 million seed round, led by Accelerated Digital Ventures. Read more »

Africa: Canal+ Acquires Nollywood Studio Rok From Irokotv to Grow African Film

French television company Canal+ has acquired the ROK film studio from VOD company IROKOtv for an undisclosed amount. Read more »

Nigeria: Opera Founded Startup Opay Raises U.S.$50 Million for Mobile Finance in Nigeria

OPay, an Africa-focused mobile payments startup founded by Norwegian browser company Opera, has raised $50 million in funding. Read more »

Uganda: InDriver Launches Ride-Hail App in Fourth African Country, Uganda

Global ride-hail startup InDriver launches its app-based service in Kampala (Uganda) this week. Read more »

Africa: Competing With Didi'Very Healthy' Despite Complicated Relationship - Uber

Competing with a company that counts you as an investor is hardly conventional -- some might call it strange -- but for Uber it's a situation that is not only normal but essential. Read more »

South Africa: Naspers' Global Fintech Firm Enters Southeast Asia

PayU, the Naspers owned fintech firm that specializes in emerging markets, is broadening its global reach into Southeast Asia after it announced a deal to buy a majority stake in… Read more »

Africa: Africa Roundup - Yamaha Backs Max, Inside Ethiopia's Tech Scene

Competition in Africa's two-wheel ride-hail market is accelerating. Nigerian motorcycle transit startup MAX.ng was the latest startup to add funding, raising a $7 million funding… Read more »

Africa: Can More Genomic Research Material Come from Africa? 54gene Thinks So

New advances in genetic mapping and manipulation hold the promise of reshaping medical treatments in the 21st century, but thanks to a lack of sufficient infrastructure and… Read more »