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In Brief: Uber is finally expanding to Rwanda

Earlier this week, we reported that Uber was expanding to Mauritius after finding out that the company was hiring for a country lead position. However, a few days later, the ride-hailing...
MEST

The Daily Brief: MEST officially launches Nairobi incubator, and more

Liquid Telecom partners with Zindi to accelerate Africa’s data science ecosystem Yesterday, Liquid Telecom announced a partnership with Zindi to support the rollout of its new data science competition platform across Africa. The platform...
MTN Uganda MasterCard

The Daily Brief: MTN, MasterCard launch mobile money virtual card, and more

From Uber's launch of its Tuk Tuk service, Lori Systems' expansion to MTN's partnership with Mastercard and UBA, here's a round-up of today's activity. 1. MTN partners with MasterCard to launch mobile...
MTN Uganda MasterCard

MTN partners with MasterCard to launch mobile money virtual card

MTN Uganda has today announced a partnership with Mastercard and United Bank for Africa (UBA) aimed at enabling its mobile money users to make payments online. The service - dubbed MTN MoMocard...
vezeeta

The Daily Brief: Vezeeta raises $12M, DabaDoc raises investment, and more

Today’s activity includes Vezeeta raising $12 million in Series C, University of Dar investing $6K in young entrepreneurs, Morocco's DabaDoc raising investment, and more. Find more below; Vezeeta raises $12 million...
webuycars funding

The Daily Brief: Naspers invests $94M in SA’s Webuycars, and more

Today's activity stretches from Jumo and Webuycars rounds of funding to Uber's expansion to Mauritius as well as the ride-hailing company's interest in acquiring its Middle East competitor, Careem. Find more...
webuycars funding

Naspers has invested $94M in SA’s Webuycars through OLX Group

Naspers has today announced that it made a $94 million (1.4 billion Rand) investment in South Africa Webuycars, a specialized car buying service. The investment was through Naspers' Classifieds business, OLX...
Adeyemi Ajao, left, and TJ Nahigian of Base10 Partners. Source: Base10 Partners

In Brief: Base10 Partners is the Largest Ever Black-Led VC Firm

Having raised $137 million for Base10 Partners, Adeyemi Ajao has put together the largest fund of its kind for a black-led venture firm. The 36-year-old co-founded Identified which was acquired by Workday and...
Careem

Uber apparently wants to acquire Careem for around $2B to $2.5B

Rumors of Uber acquisition of Careem won't go away, even when the Egyptian Competition Authorities warned them against any mergers. Bloomberg first reported in July that Uber was looking to merge...
Uber new logo

Uber continues with expansion across Africa. Next stop is Mauritius

Uber is expanding to Mauritius, an Indian Ocean island nation known for its beaches, lagoons, and reefs. That is according to a job advert on the company's website. Uber is looking...