Ethiopia made history in 2024 by becoming the first country to ban the sale and import of new internal combustion-powered vehicles. Despite the predictions of the anti-EV hysterics, they’re doing just fine — but the process hasn’t been without its chal…
Terra Industries, the African defense company, announced Monday that it had secured an additional $22 million in funding to further expand the business.
African defense company Terra comes out of stealth with a $11.75M round led by Joe Lonsdale’s 8VC.
Africa’s largest fintech company, Flutterwave, has acquired Nigerian open banking startup Mono in an all-stock deal valued between $25 million and $40 million, according to people familiar with the transaction. The acquisition brings together two of Af…