uLesson employees accuse CEO of toxicity, verbal abuse, others
Current and ex-employees of edtech uLesson have accused the founder of the company, Sim Shagaya of fostering a toxic work environment marked…
Startup
Tizeti CEO urges African startups to launch in multiple countries
Chief Executive Officer of Tizeti, Kendall Ananyi, has emphasized the importance of African startups expanding into multiple countries to mitigate currency risks.…
Women-only ride-hailing platform HerRyde ‘hibernates’ after one year
After a year of operating in Nigeria’s capital city, Abuja, HerRyde, a ride-hailing platform exclusively for women, has decided to temporarily pause…
API startup Thepeer shuts down, returns capital to investors
The Nigeria-based API startup, Thepeer, which raised a $2.1 million seed round in June 2022, has announced the closure of its business…
Car financing start-up Moove raises $100m in Series B funding
A startup revolutionizing car financing for ride-hailing, Moove, has secured $100 million in its Series B funding round, reportedly spearheaded by Uber,…
Nigeria leads as African startups raise $217m Feb – Report
In February 2024, startups across Africa achieved a significant milestone by raising a total of $217 million, marking a remarkable 182% increase…
Nigerian edtech startup AltSchool launches in Kenya
Nigerian edtech startup, AltSchool Africa has opened up in Kenya, its second biggest market by revenue, the company’s co-founder, Adewale Yusuf disclosed.…
Nigerian startup 60Seconds launches nightlife experience app
A Nigerian startup, 60Seconds, has built a platform that will revolutionize how revellers interact, engage, and transact in their favourite night spots. The PUNCH…
Health startup mPharma lays off 150 workers
A Ghanaian health startup, mPharma, which supply of prescription drugs for pharmacies and their suppliers, has let go some of its employees.…
Israeli startup Vesttoo names Ami Barlev as interim CEO
Israeli fintech company, Vesttoo, has announced the appointment of Ami Barlev as interim CEO, stepping in for Yaniv Bertele, who led the…
Kenya logistics startup Sendy shuts down, sells assets
Sendy, a Kenyan logistics start-up that, among other things, allowed merchants to buy FMCGs directly from producers, is closing down operations and…
Kenyan startup FarmWorks secures $4m pre-series A funding
Fast-rising agritech startup in Kenya, FarmWorks, has successfully closed a remarkable $4 million Pre-Series A funding round to bolster its operations and…