Pan-African incubator MEST announced investments in 11 startups from its 2019 cohort that will each receive $100,000 in financing. The $1.1 million backing for
Chinese mobile-phone and device maker Transsion is teaming up with Kenya’s Wapi Capital to source and fund early-stage African fintech startups. Headquartered in Shenzhen, Transsion
Zindi is convening Africa’s data scientists to create AI solutions for complex problems. Founded in 2018, the Cape Town-based startup allows companies, NGOs or
Chinese mobile-phone and device maker Transsion will list in an IPO on Shanghai’s STAR Market, Transsion confirmed to TechCrunch. The company—which has a robust
in July, French television company Canal+ acquired the ROK film studio from VOD company IROKOtv. Canal+ would not disclose the acquisition price, but confirmed there
Nigerian fintech firm Carbon — an early stage financial services startup based in Lagos — has posted financials audited by KPMG on its website.
When it comes to VC, vehicles, and startups, Africa’s ride-hail markets are becoming a multi-wheeled and global affair. The big players such as Uber
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.
French television company Canal+ has acquired the ROK film studio from VOD company IROKOtv for an undisclosed amount. Founded by Jason Njoku in 2010—and