BlockchainStartups

MARA Announced $23 Million in Funding from Coinbase Ventures

MARA, a Pan-African crypto exchange, recently launched and announced $23 million in funding from Coinbase Ventures, Alameda Research (FTX), Distributed Global, TQ Ventures, DIGITAL, Nexo, Huobi Ventures, Day One Ventures, Infinite Capital, DAO Jones (investment DAO backed by Mike Shinoda, Steve Aoki and Disclosure), and nearly 100 other crypto investors, and angels including Amit Bhatia and Hamad…
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Technology

ARAMCO OVERTAKES APPLE AS WORLD’S MOST VALUABLE COMPANY

Apple has lost its position as the world’s most valuable company amid a broad sell-off of technology stocks. Saudi Arabian oil and gas producer Aramco has reclaimed the top spot from the iPhone maker for the first time in almost two years. Investors have been selling shares in technology firms as they move into what they see as less risky assets. Bitcoin, other major cryptocurrencies and digital…
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Technology

ZINOX TECHNOLOGIES SET TO ACQUIRE JUMIA

Zinox Technologies is reportedly set to acquire foremost e-commerce company,Jumia. The billionaire Leo Stan Ekeh led company is set to make the move as Junmia’s shares price continues to dip. According to ENigeria Newspaper, the shares price of Jumia, Africa’s e-commerce…
Brands & PeopleStartups

Nigeria Fintech Interswitch raises $110m

Interswitch, a Nigerian digital payments company that is Africa’s second unicorn, has raised $110 million to help it expand, according to multiple news reports. The strategic investment came from LeapFrog Investment and Tana Africa Capital, which will work with Interswitch to “advance the payment ecosystem across the continent,” according to a Thursday (May 12) news release, Founded 10…
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Technology

DRONETECX Nigeria creates access for Africa to tap $150bn drone market

DRONETECX, Nigeria’s foremost Drone Technology Conference and Exhibition has restarted its commitment to creating access for Nigeria and Africa to tap into $150 billion global drone market. Speaking during the 2nd Drone Technology Conference and Exhibition held at NIGAV Expo Center, Murtala Muhammed International Airport, Lagos, Fortune Idu, chairman DRONETECX 2022 said the global drone market…
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