Hohm Energy: From seed to liquidation
Hohm Energy files for voluntary liquidation due to financial troubles. M-KOPA ordered to pay a $6.8 million tax bill in Kenya.
Quizac’s acquisition a week after announcing its shutdown
Quizac, the edtech startup, has been acquired by Tekedia Capital after announcing its shutdown. Binance is expanding its services in Africa by allowing users in Ghana, Tanzania, Uganda, and Zambia to trade crypto using mobile money.
Dubai’s Hala ventures into Egypt, marking first expansion beyond the UAE
Hala is expanding into Egypt through a partnership with MwaslaTech. Hala aims to introduce innovative solutions and enhance the travel experience in Egypt.
Nigeria’s YC-backed Chowdeck hopes to scale food delivery, a notoriously tough market, with $2.5M funding
Nigerians spend nearly 60% of their income on food, creating a potential $2-3 billion food delivery market in Nigeria. Chowdeck, backed by Y Combinator and armed with $2.5 million in seed investment, aims to become a leader in the Nigerian food delivery market.
