Spotify Is Slowing Hiring By 25 Percent Amid Economic Uncertainties
Music streaming service Spotify is slowing hiring by 25 percent, making it the latest company to take the decision in...
Egypt’s Khazenly Raises $2.5 Million In Seed Funding To Scale Its On-demand Warehousing And Fulfillment Platform
Egyptian on-demand warehousing and fulfillment platform Khazenly has raised $2.5 million in seed funding. Venture capital firms Arzan Venture Capital...
Jumba, A Kenyan Startup In The Construction Space, Secures $1 Million In Pre-seed Funding
Kenyan B2B construction technology platform Jumba has raised $1 million in pre-seed funding. The funding round was led by Enza...
Amid Decision To Lay Off 18 Percent Of Workers, Coinbase Employs Former Prosus Executive To Help With Indian Relaunch
Cryptocurrency platform Coinbase on Tuesday announced that it was slashing its workforce by 18 percent which translated to 1,100 workers...
Social Media Companies To Register, Open Offices In Nigeria And Appoint Contact Persons, FG Says
Social media companies operating in or who wish to operate in Africa’s largest country Nigeria will be required to register,...
Digital Payments Network MFS Africa Raises Additional $100 Million In Series C Round, Total Funding Now $200 Million
MFS Africa's CEO Dare Okoudjou MFS Africa, a pan-Africa digital payments network has raised an additional $100 million in equity...
Crypto Exchange Coinbase Cuts 18 Percent Of Jobs, CEO Brian Armstrong Cites A Possible Recession, Cost Management And Imminent Crypto Winter as Reasons
Cryptocurrency giant Coinbase is laying off 18 percent of its employees as the crypto market continues to experience a decline...
Pan-African VC Fund Launch Africa Raises $36.3 Million Funding To Invest In B2B And B2B2C African Startups
The opportunities that exist in Africa are quite endless and this is widespread knowledge. The endless possibilities that exist within...
Binance Explains Why Withdrawals Were Paused
Cryptocurrency platform Binance temporarily halted withdrawals on Bitcoin on Monday blaming it on a stuck transaction that caused a backlog....
Not Too Long After Elon Musk Warned Of Job Cuts, Tesla Lets Go Of Singapore Country Manager
Former Tesla Country Manager For Singapore Christopher Bousigues (Left) and CEO of Tesla Elon Musk (Right) Earlier this month, CEO...