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Spearhead, the Black-owned, African spirits group, today announced it has raised $3 million. Funded by Pendulum, a strategic investment and advisory platform for founders and leaders of color, the investment marks the group’s entry into the US and will further power the company’s next phase of growth. Following a... -
Uber has reached a significant milestone by clocking one billion rides across all of its African markets per reports. Uber announced today that it has completed 1 billion rides across all of its African markets. According to the company’s press release, this feat equates to more than 10 billion... -
Dash, a Ghanaian fintech startup, has been ordered by the Bank of Ghana to cease operations due to unapproved licences. The Bank of Ghana has ordered Ghanaian fintech company Dash to cease operations. The fintech startup has been growing since securing a $32.8 million seed round of funding with... -
Eleven African startups have been selected for 2021 ‘s Y Combinator’s Summer Batch, with Nigeria leading the pack with four startups. An American seed funding accelerator, Y Combinator which invests $125k in selected startups in exchange for 7% equity every two years, has announced eleven African startups for the 2021... -
Ghana’s Zeepay plans to raise $10m in equity funding to support the creation of new mobile-money hubs in East and Southern Africa, Andrew Takyi-Appiah, co-founder and managing director, tells The Africa Report.... -
The BBC World Service has announced a brand new daily news podcast for Africa, more episodes of The Comb podcast, and launched a new podcast competition open to residents in Nigeria, Kenya, and South Africa. Africa Daily will be a deep dive into the news stories shaping Africa, one question... -
AfriLabs, a network organization of innovation centres across 47 African countries has added 27 new members to its network which brings the total number of members to 225.... -
From black tax, racecards and white privilege “Mzansipoli” has everyone laughing out loud and kind of wishing it was a real game! A South African restaurant chain, Nandos that specializes in Portuguese food has released a new cheeky television advertisement called ‘Mzansipoli’ – a board game based on ‘survival,... -
Google today announced Equiano, a new private subsea cable fully funded that will be between Lisbon in Portugal and Cape Town, South Africa. Google has announced the launch of a new private subsea cable that will connect Africa with Europe. Named Equiano, the new Google subsea cable to Africa...