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Didi Global was hit with a $1.2 billion fine by the Chinese government for violating the country’s strict laws on data security
Following a year-long investigation, China's cybersecurity watchdog announced that it had fined Didi Global $1.2 billion after discovering that the...
Read moreBloom, a fintech startup in Sudan, has raised a $6.5 million seed round
Bloom, a Sudanese fintech startup, has raised $6.5 million in seed funding from Visa, Y Combinator, Global Founders Capital (GFC),...
Read moreCassava Technologies has announced a $50 million strategic investment from C5 Capital
Africa's first integrated tech company on a continental scale, Cassava Technologies, announced today that it has received a US$50 million...
Read moreBill Gates has pledged to drop his name from the list of the world’s richest people
Bill Gates has recommitted to sharing his wealth with others and added that he will soon drop off the list of...
Read morePersistent Energy has secured a $10 million equity round in order to expand the company’s efforts in Africa’s climate change sector
Africa's Climate Venture Builder, Persistent Energy Capital LLC, revealed that its Series C round of funding included USD 10 million...
Read moreThe Design Innovation Seed Fund in South Africa is now accepting applications
The Design Innovation Seed Fund (DISF) in South Africa is now accepting applications from those who have pre-revenue inventions. The...
Read moreZazuu, a fintech company with a focus on Africa, has raised $2 million in funding
Zazuu, a fintech company with a focus on Africa, has successfully completed a funding round of $2 million. Founded in 2018...
Read moreNetflix has announced that Microsoft will be a partner in its ad-supported subscription service
Microsoft has been chosen by Netflix as its technology and sales partner for its upcoming ad-supported subscription service. The news was...
Read moreElon Musk wants to cancel the $44 billion Twitter deal, but Twitter says it will compel him to proceed with the deal.
Elon Musk has stated that he plans to cancel the $44 billion acquisition of Twitter since the social media business...
Read moreIFC invests in Wave, a mobile money company, to increase access to digital financial services in West Africa.
IFC, a global development organization, has announced an investment in Wave Mobile Money S.A. (Senegal) and Wave Côte d'Ivoire S.A.,...
Read moreDuhqa, a B2B retail distribution startup in Kenya, raises $2 million in a seed funding round.
In order to expand its service offerings throughout Kenya and East Africa, the Kenyan startup Duhqa, a B2B platform for...
Read moreFuturegrowth, a South African venture capital firm, has announced the launch of a growth development fund
Futuregrowth, a South African venture capital firm, has announced plans to launch its Futuregrowth High Growth Development Equity Fund (HGDEF),...
Read moreThe Big 5
