Swiss fintech nsave gets $4M to enable people from unstable economies to open offshore accounts

[ad_1] Swiss fintech nsave, which is making banking in Switzerland accessible to people in countries with unstable banking sectors or facing high inflation, has raised $4 million seed funding. The…

Read More »

Saviu Ventures’ second fund reaches €12 million first close to back Francophone Africa startups

[ad_1] Saviu Ventures, a VC firm targeting startups in Francophone Africa, has made an initial close of €12 million for its second fund with the backing of private investors, including…

Read More »

Cameroonian healthtech Waspito gets $2.5M seed extension to scale, tap offline patients

[ad_1] Cameroonian health startup Waspito has secured a $2.5 million seed extension from DP World through Newtown Partners, Saviu Ventures, AAIC Investment, Axian ventures and CFAO’s Health54 to spur its…

Read More »

MarketForce exits three markets, set to launch a social commerce spinout

[ad_1] Kenyan B2B e-commerce company MarketForce has shut down operations in three of its five markets in Africa and is in the early stages of launching a social commerce spinout….

Read More »

Kenya plans special startups’ employee-equity tax regime

[ad_1] Kenya is proposing a special tax regime on startups’ Employee Share Ownership Plans (ESOPs), as it aligns to its plan to spur innovation. The finance bill 2023 proposes the…

Read More »

Confusion sets in as Meta content moderators go without pay

[ad_1] Content moderators under Sama, Meta’s content review sub-contractor in Africa, earlier today picketed at the company’s headquarters in Kenya demanding April salary, while urging it to observe the court…

Read More »