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Editor’s Note
- Week 21, 2023
- Read time: 5 minutes
This week brings a mixture of pleasant firsts and unhealthy information. Read on to find out about Kenya’s first electrical bus charging station, and unlucky incidents like breaches, licence losses, and extra.
Pamela Tetteh Editor, TechCabal.
Editor’s Picks
Chinese hackers attack KenyaIn a wok of digital mischief, Chinese hackers took purpose at Kenyan government establishments from 2019 to final yr. Their crafty plan? To entry to billions of {dollars} in debt owed to Beijing. Learn extra. |
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Patricia loses crypto belongings in breachDigital asset market Patricia has reported a compromise of its crypto belongings. They’re placing their detective hats on and declare to have unmasked one of many naughty culprits. Learn extra. |
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Eyowo’s difficult yrThe digital financial institution Eyowo, has endured a stormy yr. While getting ready for a mini-pivot, it has owed salaries and this week, its MFB licence was revoked. Learn extra. ADVERTISEMENT |
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Kenya warns towards Wangiri scamsThe Communications Authority of Kenya has warned Kenyans to not return calls from any unusual worldwide numbers as they could lose cash within the common Wangiri rip-off. Learn extra. |
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Kenya will get first electrical bus charging station
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Central Bank of Nigeria revokes 179 licences
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Nigeria’s ICT minister strikes to alter the startup act
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Kenya’s $40 smartphone might value extra
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Bolt opens first Kenya workplace for drivers
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China’s Tesla is coming to SAChinese automotive firm, Build Your Dreams (BYD), often known as “China’s Tesla”, might be launching its compact electrical crossover—the BYD Atto 3—in South Africa quickly. Learn extra. |
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Vodafone to promote MPHCL for $1Kenya’s Safaricom is shouldering additional duties, as Vodafone has declared that it’s going to hand over M-Pesa Holding Company Limited (MPHCL) to Safaricom for only a greenback.
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Who introduced the cash this week?
- South African edutech firm, Play Sense, raised an undisclosed quantity in pre-seed funding from Grindstone Ventures.
- Kunda Kids, a Nigerian media publishing firm and artistic studio, raised $700k within the pre-seed funding spherical.
- Egypt-based health-tech firm Dawi Clinics closed $8 million in an undisclosed funding spherical.
- South African digital banking platform, Tymebank, raised $77.8 million in a pre-series C funding spherical.
…. to be continued
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