Tag: african startups

The International Finance Corporation (IFC) has named Kalim Shah as its Senior Country Manager for Nigeria, with the goal of ...

Jeff Bezos has offered NASA $2 billion to re-enter the moon race with Blue Origin

Jeff Bezos wants to donate up to $2 billion to NASA in order to rekindle the space race between his ...

Swvl, a ride-sharing company based in MENA plans to go public with a $1.5 billion SPAC merger

Swvl, a ride-sharing company based in Cairo and Dubai, announced plans to go public through a merger with special purpose ...

Sony has sold a total of ten million PlayStation 5 (PS5) consoles making it the company’s fastest-selling console ever

Sony has now sold over ten million PlayStation 5 (PS5) consoles. This is up from Sony's prior estimate of 7.8 ...

Julaya, an Ivorian fintech, has raised $2 million to help businesses in West Africa digitize their payments

Julaya, a fintech startup based in Ivory Coast that offers businesses an online platform for sending payments to mobile money ...

PiggyVest, a Nigerian savings and investing startup, has acquired Savi.ng

Piggyvest has announced the acquisition of Savi.ng, a savings and investing company, in order to expand its wealth management capabilities. ...

For the first time, Tesla earns a profit of over $1 billion in a quarter

Tesla has reported its net income for the quarter at $1.14 billion, the first time it has crossed $1 billion. ...

Startups from Africa and MENA have been awarded the Migration Entrepreneurship Prize 2021

Seedstars and the Swiss Federal Department of Foreign Affairs' (FDFA) Peace and Human Rights Division have announced the 20 global ...

Pinterest is introducing new revenue features that will allow creators to earn from their pins

Pinterest is boosting its involvement in the creator community by releasing new tools that will allow content creators to make ...

GoodsMart, an Egyptian grocery delivery service, has raised $3.6 million in funding

GoodsMart, an Egypt-based food delivery network, announced that it has secured $3.6 million in a round led by Sawari Ventures. ...

Apple iPhone revenue reached a new record of $39.6 billion in the June quarter, up 50% year over year