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In the wake of Dash’s closure due to fraud, 5 investors talk due diligence in Africa

Smart TvsBy Shiv Eswar October 24, 2023

It’s been a tough year for tech startups globally. These struggles have manifested in layoffs, down rounds and complete shutdowns caused by current market conditions, utter mismanagement or fraud. This August, SoftBank sued one of its portfolio companies, IRL, a social media platform poised to become an event organizing alternative for Gen Zs, for fraud. Earlier…

New solar mini-grids in Africa to be powered by Husk Power Systems’ $103M Series D

DronesBy Shiv Eswar October 24, 2023

Husk Power Systems, a clean energy company at the forefront of fueling rural electrification since 2008 and that announced plans to launch 500 solar mini-grids in Nigeria over the next five years, has raised $103 million Series D in equity and debt to meet its objectives. The capital injection includes $43 million in equity, which…

New solar mini-grids in Africa to be powered by Husk Power Systems’ $103M Series D

Smart CarsBy Shiv Eswar October 24, 2023

New solar mini-grids in Africa to be powered by Husk Power Systems’ $103M Series D

RoboticsBy Shiv Eswar October 24, 2023

He Turned His Love of Bargains Into a Side Hustle That Earns $1000’s a Month

Web latest developmentBy Jessica Venkat October 24, 2023

David Paxton had a passion for golf but quickly realized how expensive the sport can be, between equipment, apparel, shoes, and greens fees. So in July 2021, at the height of golf season, he had the idea to launch DailyGolfSteals.com — a website to curate and share the best daily golf deals he could find.…

Byju’s CFO quits in seven months

Cyber AttacksBy Jessica Venkat October 24, 2023

Ajay Goel, who joined Byju’s as CFO in April this year, has already quit the edtech giant, the two said Tuesday. Goel will leave the firm after “completing the audit formalities” for the financial year ending March 2022 and return to mining conglomerate Vedanta, Byju’s said. Byju’s said it has appointed industry veteran Pradip Kanakia…

DoNot Team’s New Firebird Backdoor Hits Pakistan and Afghanistan

Web Security NewsBy Jessica Venkat October 24, 2023

Oct 23, 2023NewsroomCyber Espionage / Malware The threat actor known as DoNot Team has been linked to the use of a novel .NET-based backdoor called Firebird targeting a handful of victims in Pakistan and Afghanistan. Cybersecurity company Kaspersky, which disclosed the findings in its APT trends report Q3 2023, said the attack chains are also…

Nigeria to gain 25 operators in just a few months

Telecom NewsBy Haslinda Bt Ghani October 24, 2023

Nigeria’s Communications Commission has recently awarded 25 Mobile Virtual Network Operator (MVNO) licences. This development marks a crucial turning point, transitioning Nigeria from having only four major mobile operators – MTN, Globacom, Airtel, and 9Mobile – to welcoming nearly 30 new players. This milestone is not merely an expansion but a strategic endeavour to foster…

Nigeria to gain 25 operators in just a few months

Telecom innovationsBy Haslinda Bt Ghani October 24, 2023

Nigeria to gain 25 operators in just a few months

Industry NewsBy Haslinda Bt Ghani October 24, 2023

Daily Archives: October 24, 2023