After the Federal Aviation Administration issued a statement late yesterday doubling down on its decision to keep the Boeing 737 Max planes at the heart of two accident investigations flying, Canada has become the latest nation to ground the plane. “There are — and I hasten to say not conclusive — but there are similarities,” […]
View More After FAA doubles down on 737 decision, Canada grounds the planes amid reports of complaints from U.S. pilotsCategory: ethiopia
Boeing is moving to address potential issues in new 737s as Europe bans its plane
In the wake of the second fatal crash in six months involving Boeing 737 Max 8 airplanes, the European Aviation and Safety Administration is grounding the planes as Boeing said it was taking additional steps to address an issue that may have contributed to the crash. On Sunday, a Boeing 737 Max 8 plane operated […]
View More Boeing is moving to address potential issues in new 737s as Europe bans its planeNigerian fintech firm TeamApt raises $5M, eyes global expansion
Nigerian fintech startup TeamApt has raised $5.5 million in capital in a Series A round led by Quantum Capital Partners. The Lagos based firm will use the funds to expand its white label digital finance products and pivot to consumer finance with the launch of its AptPay banking app. Founded by Tosin Eniolorunda, TeamApt supplies […]
View More Nigerian fintech firm TeamApt raises $5M, eyes global expansionAfrica Roundup: Zimbabwe’s net blackout, Partech’s $143M fund, Andela’s $100M raise, Flutterwave’s pivot
Jake Bright Contributor Jake Bright is a writer and author in New York City. He is co-author of The Next Africa. More posts by this contributor Partech is doubling the size of its African venture fund to $143 million Zimbabwe’s government faces off against its tech community over internet restrictions A high court in Zimbabwe […]
View More Africa Roundup: Zimbabwe’s net blackout, Partech’s $143M fund, Andela’s $100M raise, Flutterwave’s pivotZimbabwe’s government faces off against its tech community over internet restrictions
Jake Bright Contributor Jake Bright is a writer and author in New York City. He is co-author of The Next Africa. More posts by this contributor Harley Davidson reveals more about its push into electric vehicles Venture capital, global expansion, blockchain and drones characterize African tech in 2018 After days of intermittent blackouts at the […]
View More Zimbabwe’s government faces off against its tech community over internet restrictionsNetflix rival Iflix offloads its Africa business to focus on Asia
Iflix, the emerging market Netflix competitor that’s backed by Sky, is leaving Africa to double down on its business in Asia. The Malaysia-based company announced today it has sold the remaining shares in its Africa business — Kwesé Iflix — to Econet Group, the telecom firm that is already an investor in the business. The deal size […]
View More Netflix rival Iflix offloads its Africa business to focus on AsiaWith a new deal for customers and a fresh $23 million, Mayvenn extends its hair care business
Pitching customers a new, all-inclusive service for buying and installing hair, Mayvenn is looking to significantly expand its haircare business and just raised $23 million in a new round of funding to do it. The new financing was led by Essence Ventures — and it represents the first outside investment by the holding company owned […]
View More With a new deal for customers and a fresh $23 million, Mayvenn extends its hair care businessAfrica Roundup: Paga goes global and 4 startups raise $99M in VC
Jake Bright Contributor Jake Bright is a writer and author in New York City. He is co-author of The Next Africa. More posts by this contributor Polestar unveils first production EV with aim to overtake Tesla Liquid Telecom goes long on Africa’s startups as future clients Nigerian digital payments startup Paga is gearing up for international expansion […]
View More Africa Roundup: Paga goes global and 4 startups raise $99M in VCWith a $10 million round, Nigeria’s Paga plans global expansion
Jake Bright Contributor Jake Bright is a writer and author in New York City. He is co-author of The Next Africa. More posts by this contributor African tech leaders Fope Adelowo, Ken Njoroge, Tayo Oviosu to speak at Disrupt SF Offering a white-labeled lending service in emerging markets, Mines raises $13 million Nigerian digital payments […]
View More With a $10 million round, Nigeria’s Paga plans global expansion