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).
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).
If you are a WhatsApp group admin in Zambia, you may soon be required to register with the government or face prosecution (Techzim).
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).
Have a great weekend ahead.
Have a digital technology solution for health, cyber-crime, Oil and Gas? Join the 2020 Nigeria Oil and Gas Hackathon. Submit your innovation at www.nogtech.ng.
Techpoint Build 2020 is holding virtually in August. Register free now to attend.
Nigerian startups raised $55.4m in Q1 2020; over 99% of which came from foreign sources. Find out more when you download the full report.