Uber Africa launches Uber Cash with Flutterwave and explores EVs – TechCrunch

[ad_1] Uber is launching its Uber Cash digital wallet feature in Sub-Saharan Africa through a partnership with San Francisco based — Nigerian founded — fintech firm Flutterwave. The arrangement will allow riders to top up Uber wallets using the dozens of remittance partners active on Flutterwave’s Pan-African network. Flutterwave operates as a B2B payments gateway…

Novastar Ventures becomes $200M African VC fund after $108M raise – TechCrunch

[ad_1] African startups have another $100 million in VC to pitch for after Novastar Ventures’ latest raise. The Nairobi and Lagos based investment group announced it has closed $108 million in new commitments to launch its Africa Fund II, which brings Novastar’s total capital to $200 million. With the additional resources, the firm plans to…

Nigeria’s Helium Health raises $10M Series A for Africa expansion – TechCrunch

[ad_1] Nigerian startup Helium Health sits in a good position during a difficult period, according to its co-founder. The Lagos based healthtech venture is in the black, has batted away acquisition offers, and just raised a $10 million Series A round, CEO Adegoke Olubusi told . The startup offers a product suit that digitizes data,…

Andela CEO confirms staff cuts as layoffs hit African tech – TechCrunch

[ad_1] Africa-focused tech talent accelerator Andela has let go 135 employees, CEO Jeremy Johnson confirmed to . Senior staff at the company — with offices in New York and five African countries — will also take salary cuts of 10% to 30%. The compensation and staff reductions are a result of the economic impact of…