Microsoft-backed FAST accelerator selects 12 African startups for AI program
Out of the 12 startups in the FA23 cohort, nine are Nigerian, and one each from Kenya, Tanzania, and Ghana. Also, fintech startups dominated the cohort.
X/Twitter is disabling its Circles feature
The feature is set to be shut down by October 31st, leaving users with a major change in how they share content on the platform.
CBN launches portal for microfinance bank licence applications
The Central Bank of Nigeria (CBN) on Wednesday announced that it has unveiled a digital platform for the submission of Microfinance Bank (MFB) licence applications.
Nigerian autotech startup, Fixit45 secures $1.9M for East African expansion
Nigerian autotech startup, Fixit45 has secured $1.9 million in a pre-seed round led by Launch Africa Ventures, to drive its East African expansion
LatAm fintech, Ebanx expands into eight African countries
EBANX has expanded into eight African countries: Ivory Coast, Egypt, Ghana, Morocco, Senegal, Tanzania, Uganda, and Zambia. The LatAm fintech unicorn is now present in eleven African markets.
Ghanaian agritech startup, Complete Farmer, secures $10.4 million pre-Series A funding
Complete Farmer secures a $10.4 million pre-Series A funding made up of $7 million in equity and $3.4 million in debt to connect farmers to global food buyers.
Bolt launches accelerator program to support Nigerian drivers
The Bolt Accelerator Program aspires to redefine drivers as entrepreneurs, contributing to economic growth prospects in Nigeria.