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Samasource raises $14.8M for global AI data biz driven from Africa

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AI training data provider Samasource has raised a $14.8 million Series A funding round led by Ridge Ventures. The San Francisco headquartered company delivers Fortune...

Opera’s Africa fintech startup OPay gains $120M from Chinese investors

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Africa focused fintech startup OPay has raised a $120 million Series B round backed by Chinese investors. Located in Lagos and founded by consumer internet...

Solar based ISP startup Tizeti launches 4G LTE network in Nigeria

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Nigerian internet service provider Tizeti has launched its first 4G LTE network. The Y-Combinator backed startup — that uses solar powered towers to deliver net...

Naspers Foundry is open for South African startup pitches, CEO says

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Naspers’ 1.4 billion rand (≈$100 million) VC fund to support South African startups — Naspers Foundry — is accepting pitches, after making its first...

Voter manipulation on social media now a global problem, report finds

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New research by the Oxford Internet Institute has found that social media manipulation is getting worse, with rising numbers of governments and political parties...

Nigerian online-only bank startup Kuda raises $1.6M

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Nigerian fintech startup Kuda — a digital-only retail bank — has raised $1.6 million in pre-seed funding. The Lagos and London-based company recently launched the...

DHL expands Africa eShop online retail app to 34 countries

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DHL  has expanded its DHL Africa eShop business to 13 additional markets, upping the presence of the global shipping company’s e-commerce platform to 34...

Nigerian logistics startup Kobo360 raises $30M backed by Goldman Sachs

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Nigerian freight logistics startup Kobo360 has raised a $20 million Series A round led by Goldman Sachs and $10 million in working capital financing...

Y Combinator-backed Trella brings transparency to Egypt’s trucking and shipping industry

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Y Combinator has become one of the key ways that startups from emerging markets get the attention of American investors. And arguably no clutch...

Remitly raises $220M to expand from money transfers to financial services,...

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When it comes to financial services in emerging markets, remittances — people sending money to each other across international borders, often not to established...