Nigerian ethical credit-recovery fintech Bfree secures $1.7M, expands to Asia, Europe, South America and across Africa

Bfree, a Nigerian credit management fintech has embarked on global expansion after raising $1.7 million in a pre-Series A round, to tap the opportunities in emerging markets, where digital lending apps have recently sprung up in droves. Funds that participated in the latest round included 4Di Capital, Octerra Capital, VestedWorld, Voltron Capital, Logos Ventures, and […]

Tigrayans deported by Saudis ‘forcibly disappeared’ in Ethiopia – rights group

Thousands of Tigrayan migrants abused and deported from Saudi Arabia are forcibly detained in Ethiopia, Human Rights Watch saysThousands of Tigrayans are being deported from Saudi Arabia and held in secret detention sites in Ethiopia, according to Huma…

Tech-led biofuel startup Koko Networks launches new consumer goods business in Kenya

Koko Networks, a Kenya-based bio-fuel technology enterprise, has extended its business to cover other fast-moving consumer goods through a new tech platform that will capitalize on its established distribution networks in low-income neighborhoods. Koko Club, its new business line, is selling the products directly to consumers through the dukas (small shops) that currently serve as […]

Nigeria’s Teesas secures $1.6M, to expand across Africa and launch tutor marketplace

After seven years in the production of electronic gadgets, under his company Imose Technologies, Osayi Izedonmwen took leave to explore an idea that he had toyed with for some time — an edtech startup, Teesas, which now offers video classes and other digital educational material for learners in Nigeria. Teesas, which was launched less than […]