An African HR & Payroll solution provider Workpay has recently raised $2.7 million in seed funding to expand its operations. The funding round included investors such as Launch Africa, Saviu Ventures, Acadian Ventures, Proparco, Fondation Botnar, Kara Ventures, Axian, P1…
South-Central African country Zambia is currently developing new technology to regulate cryptocurrencies, with its central bank and securities regulators currently testing the technology. According to the country’s minister of Science and Technology Felix Mutati, he disclosed that the testing will…
Tech construction platform that simplifies B2B purchase of construction materials, Jumba has secured a $4.5 million seed fund. The funding round was led by Local Globe, with participation from Enza capital, Logos Ventures, First Check Africa, Seedstars International Ventures, Foundamental,…
Africa’s cross-border payment platform Chipper Cash has recently carried out a second round of layoff, letting go about 140 employees, which is more than a third of its workforce. The payment platform didn’t disclose the exact number of employees impacted…
Kenyan mobile network operator Safaricom, is currently on the verge of launching its mobile money services in Ethiopia, four months after its license was approved by the Ethiopian government. According to Safaricom’s CEO Aanwar Soussa, he disclosed that the startup…
