Uber To Invest $100 Million In African Mobility Fintech, Moove

Uber Technologies Inc. is reportedly in discussions to inject $100 million into Moove, an African vehicle-financing startup. Sources familiar with the matter, as reported by Bloomberg, indicate that Uber is poised to join a consortium of investors in this funding round. The investment is anticipated to escalate Moove’s enterprise value to approximately $750 million from […]

Francis Ngannou Vs Anthony Joshua Fight Gets A Trailer

Amidst the backdrop of global locales, both fighters engage in a fierce battle, setting the stage for an epic encounter.   In the heart of Riyadh, Saudi Arabia, on March 8, 2024, the stage is set for a monumental clash between two heavyweight titans, Francis Ngannou vs Anthony Joshua. Dubbed “Knock Out Chaos,” this eagerly anticipated event has received the […]

Partech Africa Concludes $300 Million Second Fund, Bolstering African Tech Ecosystem

Headquartered in Paris, Partech has strategically expanded its footprint to key tech hubs including Dakar, Nairobi, Dubai, Berlin, and Lagos.   Partech Africa, a venture capital firm specialising in digital and tech investments across the African continent, has recently announced the closure of its second fund at an impressive $300 million, just a year after […]

Nigerian Fintech Startup Carbon Acquires Vella Finance, Births Carbon Business

This strategic manoeuvre by Carbon, orchestrated through its parent company, One Credit Limited, marks a pivotal step towards unveiling an innovative AI-driven business. In a significant move within Nigeria’s thriving fintech scene, Carbon has announced its acquisition of Vella Finance, a burgeoning startup with a two-year track record. This strategic manoeuvre by Carbon, orchestrated through its parent […]

AFCON 2023: What’s Next For Super Eagles?

For a reminder, going into the tournament, the Nigerian team was not among the bookmakers’ favourites to take home the trophy owing to a series of below-par performances.   The Super Eagles of Nigeria on Sunday night at the Alassane Ouattara Stadium in Abidjan lost 2-1 to the Elephants of Cote d’Ivoire in the final match of […]