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April 27, 2023
Tech Nation is no longer shutting down. It's now founder a buyer, FF Group, a three-pronged company that comprises the Founders Forum, Founders Factory (an accelerator), and Firstminute Capital (an investment arm).More in #TCDaily.
April 26, 2023
Crypto platforms operating in Kenya may soon have to pay a 1.5% duty per an amendment to the Value Added Tax regulations. This is in addition to a 20% excise tax that was proposed in 2022. More in #TCDaily.
April 25, 2023
The Reserve Bank of Zimbabwe (RSV) has announced plans to introduce a gold-backed digital currency to help citizens shore up against inflation.
April 24, 2023
Active in Nigeria and Rwanda, Starlink is set to launch in 19 more African countries by 2024. South Africa, Africa's biggest internet consumer, is not on the list. Critics say it's because SA requires Starlink to give up 30% equity to operate in the country.
April 18, 2023
Drivers of ride-hailing apps in Nigeria are threatening to protest against a plot by Uber and Bolt. According to the drivers, these companies are lobbying to have the drivers' trade union license revoked. More in #TCDaily.
April 13, 2023
Nigeria and Cameroon-based healthtech startup Healthlane is charting another path for itself. On Tuesday, after months of silence, the startup informed stakeholders and community members that it had changed its business model.
April 12, 2023
Per Nasdaq, Swvl now has until September 25 to raise the value of its publicly-held shares. Its CFO, Youssef Salem, as well as board members Steve Albrecht and Gbenga Oyebode, have also resigned.
April 11, 2023
The Taifa-1 will be Kenya's first operational satellite. It will be launched aboard the SpaceX Falcon 9 rocket from the Vandenberg Space Force Base in California.