Category: Business

Ayokenlabs, the leading startup marketplace, is all set to present digital collectibles from sports brands, singers, and influencers across the world. The firm has raised USD 1.4 million funding in its pre-seed round to support users diversify their revenue streams by trading the digital artifact

Uber, the renowned American ride-hailing company, has reportedly announced a major milestone, it has completed 1 billion rides throughout all its African markets. According to the organization, this feat equates to a distance traveled of nearly 10 billion kilometers. This achievement comes abo

Sola Group, a Cape Town-based renewables developer, has reportedly received approval from the NERSA (National Energy Regulator of South Africa) to construct two 100 MW solar power plants. The two projects will be situated in the North West province of South Africa. They will sell electricity thro

Moderna Inc has reportedly planned to expand its USD 500 million vaccine facility in Kenya beyond making vaccines for COVID-19. This move comes following reports of vaccine oversupply across the world which was once striving to obtain immunization against COVID-19, citing concerns over the viabil

Speaking at the 8th TICAD (Tokyo International Conference on African Development), Japanese Foreign Minister, Yoshimasa Hayashi, reportedly stated that the country will boost its cooperation with Africa. According to reports, Japan had held talks with more than 50 African nations in March. In the

Singer Rihanna’s luxury beauty line, Fenty, is reportedly set to enter Africa as the brand tries to carve off a major chunk of the rapidly growing African beauty and personal care space, which currently holds a valuation of over $12 billion. According to the latest figures, the cosmetics ma

Topship, a shipment company targeted toward African businesses, has recently raised $2.5 million in a seed funding round after concluding the recent Y Combinator’s latest winter batch. The company has secured the investment from Flexport, a California-based freight forwarding company and Y Com

Interswitch, an Africa-based payment company, has recently secured a joint investment of $110 million from Tana Africa Capital and LeapFrog to expand the online payment services across the continent, both the private investment companies reportedly said in a statement. Mitchell Elegbe, CEO of Int

MARA, a cryptocurrency exchange firm based in sub-Saharan Africa, has reportedly announced that it has raised $23 million in equity as well as token sales from different investors as part of its seed round. The company aims to raise the number of Africans who can participate in the global crypto eco