Uber leads $100M investment in African mobility fintech Moove as valuation hits $750M

Moove, an African mobility fintech that offers vehicle financing to ride-hailing and delivery app drivers, has raised $100 million in a funding round as it plots expansion into new markets. Moove did not say who is leading the round, but sources close to the deal confirmed to TechCrunch that Uber led the Series B round, … Read more

Major internet outage hits several African countries as undersea cables fail

ABUJA, Nigeria — A dozen countries across Africa suffered a major internet outage on Thursday as multiple undersea telecommunication cables reported failures, network operators and internet watch groups said. The MTN Group, one of Africa’s largest network providers, said the ongoing disruptions were a result of failures in multiple major undersea cables. “Our operations are … Read more

Mother of South African girl missing for weeks is charged with selling her

CAPE TOWN, South Africa — The mother of a 6-year-old girl who has been missing in South Africa for nearly three weeks was arrested and charged Thursday with kidnapping and selling or trafficking her daughter, a shocking twist in a case that has seized the country’s attention and sparked deep anger in the small, poor … Read more

South African prosecutors seek extradition orders in the case of $580K stolen from the president

Prosecutors say they are seeking extradition orders and the arrest of more suspects over the 2020 theft of around $580,000 in U.S. cash that was hidden in a couch at South African President Cyril Ramaphosa’s ranch CAPE TOWN, South Africa — Prosecutors said Friday they are seeking extradition orders and the arrest of more suspects … Read more

South Africa’s main opposition party lays out plans to unseat the African National Congress

PRETORIA, South Africa — Thousands of South Africans gathered in the capital Saturday to show support for the country’s biggest opposition party as it prepares for a much-anticipated national election in which it hopes to wrest control of the government from the ruling African National Congress. Many of the Democratic Alliance backers assembled in the … Read more

Miami School Clarifies Permission Slip Over ‘African American’ Book Event

A Miami elementary school parent is outraged about a permission slip his daughter’s school sent seeking his sign-off on a book listening event featuring a Black author — something the school is now clarifying by blaming FL state law. Chuck Walters — who has a kid at the Coral Way K-8 Bilingual Center — posted … Read more

African product, global market: Expensya employees cashed out $10M from 2023 acquisition

What’s more rewarding for an angel investor than paper returns in a startup? An acquisition that turns those paper returns into a cash payout while still maintaining shares in the company. “The return after dilution was eight times my investment,” said Selma Ribica in an interview with TechCrunch recently. “I kept some stock of the … Read more

Central African Republic says 10,000 children are still fighting alongside armed groups there

BANGUI, Central African Republic — About 10,000 children are still fighting alongside armed groups in Central African Republic more than a decade after civil war broke out, the government said Monday. Marthe Kirima, the minister for family and gender, said in a statement that children are still being recruited as fighters, spies, messengers, cooks and … Read more

Leader of South African opposition party promises jobs, land ahead of election

DURBAN, South Africa — The controversial leader of South Africa’s third largest political party promised Saturday to create jobs for millions of the country’s unemployed and turn around its economy as he seeks to attract more voters ahead of much anticipated general election. Economic Freedom Fighters party founder Julius Malema addressed a packed 56,000-capacity Moses … Read more

After coups, West African nations hurry to leave the regional bloc that opposed military takeovers

FILE – The defense chiefs from the Economic Community of West African States (ECOWAS) countries excluding Mali, Burkina Faso, Chad, Guinea and Niger, gather for their extraordinary meeting in Accra, Ghana, Thursday, Aug. 17, 2023, to discuss the situation in Niger. Three West African nations of Mali, Burkina Faso and Niger have quit the regional … Read more