Here are this week’s top news headlines about startups, entrepreneurship, innovation and tech around Africa.
Little raises $10m
Nairobi, Kenya-based indigenous ride-hailing service, Little recently raised $10m, at $100m post-money valuation, to accelerate its expansion in Africa (Techweez).
https://www.techweez.com/2018/06/04/kenyan-ride-share-service-little-sells-10-stake-kshs-300-million/
Smartphone sales on the rise in SA
South Africans bought 3.2 million smartphones in the first quarter of 2018, a 12.4% increase year on year (TechCentral).
https://techcentral.co.za/south-africans-bought-3-2m-smartphones-in-q1/81609/
WYD Zambia?
If you are a WhatsApp group admin in Zambia, you may soon be required to register with the government or face prosecution (Techzim).
Whatsapp Admins In Zambia Will Soon Need To Be Registered With The Government
The MTN Group is looking to sell more shares in Ghana than Nigeria
MTN Group plans to raise more money from its IPO in Ghana than that of Nigeria, despite the latter having a significantly higher subscriber base (Techpoint).
https://techpoint.ng/2018/06/04/mtn-group-scared-of-nigerian-market/
Have a great weekend ahead.
