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Moove is raising $1.2 billion debt for U.S expansion
Bendada.com - Jul 03, 2025
Moove is raising $1.2 billion in debt to support the rollout of an autonomous-driving fleet. The funding round has been oversubscribed, indicating strong interest from private credit companies and banks.

Only two Nigerian startups make Bloomberg’s 2025 tech watchlist
Bendada.com - May 23, 2025
PricePally connects consumers directly to farmers and wholesalers, transforming urban food access. Thrive Agric provides financing and data-driven support to smallholder farmers, enhancing food affordability.

Nigeria Moves to Tax Cryptocurrency Transactions
Tech Labari - Feb 18, 2025
Nigeria is amending regulations to tax cryptocurrency trading and digitized transactions. The SEC is drafting new rules to ensure transactions on regulated exchanges are taxed.

FARO Secures $6 Million to Drive Affordable Fashion and Tackle Textile Waste Across Africa
Tech In Africa - Jan 17, 2025
FARO raised $6 million to drive affordable fashion and combat textile waste. Funding led by JP Zammitt of Bloomberg with contributions from Presight Capital and Garage Ventures.

Namibia Orders Starlink to Halt Operations Over Licensing Issues
Tech Labari - Nov 28, 2024
CRAN directs Starlink to stop operations in Namibia. Starlink is operating without a telecommunications license.
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