The advisory group reviewing Facebook and Instagram’s content moderation decisions issued its first annual report Wednesday, capping off its first year in operation. The Oversight Board apparently received over one […]
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Trending topics and news from the africa category
Back to news homeLocalGlobe becomes Phoenix Court Group, hits $500M first close for new funds, adds an Impact twist
Saul Klein is a busy man. As co-founder, with his father Robin, of LocalGlobe, one of the longest-running VCs in Europe, he has overseen a wide range of initiatives – […]
IFC set to invest $26M in Partech’s Africa Fund II
The International Finance Corporation (IFC), the private sector arm of Work Bank, plans to make an equity investment of up to €25 million ($26.43) into the Partech Africa Fund II […]
Jay-Z and Jack Dorsey launched a Bitcoin academy in a public housing complex
Twitter co-founder and Block CEO Jack Dorsey is teaming up with artist Jay-Z (Shawn Carter) to launch The Bitcoin Academy at Marcy Houses, the public housing complex in Brooklyn, New […]
TikTok found to fuel disinformation, political tension in Kenya ahead of elections
TikTok is fueling disinformation and political tension in Kenya ahead of its August general elections, new research by Mozilla Foundation says. Mozilla made the conclusion after reviewing 130 highly-watched videos […]
South Africa’s Talk360 raises $4M to build single payment platform for Africa
Many businesses looking to set up pan-African operations are often met with the challenge of establishing payment services that are appropriate for each country they go to. Most of the […]
SWVL plans to lay off 32% of its team two months after going public
Egypt-born and Dubai-headquartered mobility startup SWVL is planning to lay off 32% of its workforce, it said in a statement today. The company’s LinkedIn profile shows it has over 1,330 […]
Elon Musk says Starlink has been approved in Nigeria and Mozambique
Elon Musk announced in a tweet on Friday that Starlink, the satellite internet service launched by SpaceX, his space exploration company, has been approved in Nigeria and Mozambique. This news […]
Namibian B2B e-commerce retail platform JABU raises $15M led by Tiger Global
More venture capital keeps trooping into Africa’s B2B e-commerce retail, a space where startups are digitizing informal trade to get thousands of merchants to operate more efficiently. This time, it’s […]
Uber hits1 billion rides in Africa
Uber, today, announced a significant milestone — it has completed 1 billion rides across all its markets in Africa. This feat translates to over 10 billion kilometres in terms of […]