A French media company majority-owned by Vivendi, focusing on television and streaming services.
Three-year-old African fintech raises $22M to accelerate continental payments platform
Moment raised $22 million in Series A funding to enhance its payment infrastructure. The funding round was led by AlphaCode Venture Partners with participation from General Catalyst, MultiChoice, and Canal+.
Cape Town Payments Startup Moment Lands $22 Million Series A With Canal+ Joining the Cap Table
Moment closed a $22 million Series A funding round led by AlphaCode Venture Partners. The company's total funding has reached $55 million since its launch three years ago.
Kenya reviews Airtel–Starlink satellite-to-phone deal
Kenya's Communications Authority is reviewing Airtel's proposed partnership with SpaceX for satellite-to-phone technology. The review aims to assess potential interference with existing mobile networks and ensure compatibility with 3G, 4G, and 5G services.
Airtel Africa eyes Starlink, IPO, and crypto push
Airtel Africa is in advanced talks to use Starlink satellite technology to enhance rural coverage in Kenya. The company plans to list its mobile money arm, Airtel Money, as part of its strategy to unlock value.
African Tech M&A Activity Rose 34% in 2024: What to Expect
M&A activity surged by 34% in Africa's tech sector in 2024, with 39 deals recorded. Venture capital funding dropped by 22.73% to $2.21 billion, pushing startups towards M&A.
