Madica Gets $6M to Back 30 More African Pre-Seed Startups
Flourish Ventures has given Madica $6M to back 25 to 30 more African startups with up to $200,000 each. Who qualifies and how the programme works.
Africa Tech
Latest technology news, startups, and innovations shaping Africa’s digital future.
DStv's New Packages: Starter at ₦6,000, Every Match at ₦21,000
From 5 November, DStv has four packages from ₦6,000 to ₦44,500, GOtv gets four new tiers, and MultiChoice is picking a Showmax replacement.
DStv Revenue Down 3% Like for Like a Year After Canal+ Deal
Canal+ says MultiChoice revenue fell 3% like for like in nine months, as South Africa drags. The fall is slowing, but no subscriber numbers were given.
MNT-Halan Rises 7% on Cairo Debut After Egypt's Biggest IPO
MNT-Halan listed in Cairo on 20 October at EGP 24.50, hit EGP 28.80 intraday and closed up about 7%. The $150M sale was oversubscribed; the firm got no cash.
LemFi Adds UK Savings, Credit and eSIM Data as It Moves Beyond Remittances
African diaspora fintech LemFi is launching UK savings and credit, an eSIM service in 100+ destinations and a rebuilt app. Here is what is new and what it means for migrants.
South Africa's Biggest Union Federation Wants Shein and Temu Banned
COSATU backs a call to ban Shein and Temu over local job losses. No ban exists yet. Here are the numbers, the retail industry's pushback and what could change.