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The leading African tech moves from October 2023

In October 2023, 27 African startups raised $144.3 million. This marks a 23.6% rise compared to September's $116.7 million. ....

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Kenya's Safaricom takes full ownership of mobile money service M-Pesa

Kenya's Safaricom takes full ownership of mobile money service M-Pesa
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👨🏿‍🚀TechCabal Daily - Safaricom now owns M-Pesa Holding

Safaricom now fully owns M-Pesa Holding. Yesterday, the telecoms announced that it had completed the acquisition of the entire issued share capital of M-Pesa Holding Company Limited (MPHCL), the corporate trustee company for M-Pesa.Click for more in #TCDaily. ....

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Safaricom buys out Vodafone in M-Pesa cash firm

Takes full charge of M-Pesa Holding Company Limited. ....

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The leading African tech moves from May 2023

In May 2023, African startups raised $621.8 million from 34 fully disclosed raises. Compared to May 2022 where African startups raised $437.1 million, this shows a 42% YoY increase. It's also a 379% increase from April 2023's $129.8 million. ....

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