Happy pre-Friday ☀️
In Q1 2024, investment in African startups took a nosedive, plunging by approximately 45.6% compared to Q1 2023.
On the flip side, our growing ecosystem witnessed a flurry of expansion and acquisition activities. Dive deeper into the latest happenings with our freshly unveiled quarterly report.
Kenya denies reports of Binance executive, Nadeem Anjarwalla’s arrest
It seems both Nigerian and Kenyan authorities are providing us with a daily dose of uncertainty regarding the situation of Nadeem Anjarwalla, the Binance executive who escaped custody in Nigeria and fled to Kenya using a smuggled passport.
On Monday, it was reported that the Kenyan police, in collaboration with Nigerian authorities and Interpol, reportedly arrested Anjarwalla with plans to expedite his extradition back to Nigeria within the week.
Kenya seems to disagree with the news, as someofficials have called the reports “rumours”, maintaining…
Mariam Muhammad
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https://techcabal.com/2024/04/25/techcabal-daily-stanbic-ibtc-to-raise-401-million/