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Swvl’s $100M acquisition of Smart Bus startup Zeelo is off, amid tech stocks slump

All is not well with the proposed acquisition of U.K. start bus platform Zeelo by Mass transit group Swvl. Back in April, we covered how a possible $100 million acquisition […]




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Universal Music Group signs licensing deal with African streaming service Mdundo

The music catalog of the Universal Music Group (UMG), the world’s largest record company, will be available to users of Africa-focused streaming service Mdundo following the signing of a licensing […]




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This Week in Apps: Twitter Notes, Instagram age verification, Spotify’s Live Events

Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry continues […]




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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 […]







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MarketForce raises $40 million Series A, introduces BNPL merchant stock financing

MarketForce, the retail B2B and end-to-end distribution platform founded in Kenya, has raised $40 million in Series A funding for its merchant inventory financing and expansion across Africa. MarketForce, which […]




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African tech took center stage in 2021

Two years ago, the African tech ecosystem saw newfound attention from global players that translated to the continent’s best year of receiving venture capital. From varying sources, it is estimated […]




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Kenyan startup Wowzi secures $3.2 million from 4DX Ventures, Andela co-founder to expand across Africa

Kenyan startup Wowzi has secured new funding to expand the reach of its platform, which turns social media users into brand influencers, to West and Southern Africa — as it […]




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Jumia reports 30% growth in value of goods sold on its platform during Black Friday season this year

E-commerce in Africa is growing fast and its potential remains enormous as more people get connected to the internet. Across sub-Saharan Africa 303 million people, about 28% of the population, […]