Beyond Starlink: What SpaceX’s mobile network means for Africa
SpaceX announced plans to build ground-based telecommunications infrastructure to complement its Starlink satellite network. The company aims to compete directly with major US carriers like AT&T, Verizon, and T-Mobile.
Cloud9’s Chpter acquisition reveals a bigger plan for business banking in Africa
Cloud9's acquisition of Chpter aims to consolidate business banking, payments, and commerce into a single platform. The deal follows Cloud9's earlier acquisition of M-Tickets, indicating a strategic growth plan.
Nigerian Mobility Startup Moove Raises $250 Million to Bet Big on Robotaxis
Moove raised $250 million in a Series C funding round led by Mubadala Investment Company. The company's valuation has increased to $2.1 billion as it pivots to support the autonomous vehicle industry.
VALR hits back at proposed cross-border crypto ban
VALR CEO Farzam Ehsani warns that barring South African companies from cross-border crypto transactions may drive these activities underground. Ehsani argues that the proposed regulations contradict the authorities' goal of enhancing oversight and preventing illicit financial flows.
