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  • Ecosystem, News

    Tuesday News Roundup: Another $1billion To Play With

    By

    Lulu Fadoju
    23rd Jun, 2015
    Google Get TC updates in your Newsfeed
    Tuesday News Roundup: Another $1billion To Play With

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    NEWSROUND (1)

    US-based TPG Growth and Satya Capital Limited want to invest in African startups and they have a  $ 1 billion warchest coming into this. In Nigeria, iROKOtv pivots…again. Here are the stories that made the rounds across Africa today.

    Satya Capital  and TPG Growth Partner to Invest Over $1billion in African Startups
    Satya Capital Limited and TPG Growth have announced they are looking to identify and invest in African startups open to investment partners that can help them scale globally.

    iROKOtv is Closing its Desktop and Streaming Service in Africa
    iROKOtv will be shutting down its desktop and streaming services in Africa, to focus on an exclusive mobile experience.

    Digital Switchover Cuts Off Over 1.3 million Kenyan Household
    The desire to meet up with the ITU analogue to digital switchover has lead to 1.3 million Kenyan households being cut off from accessing free terrestrial TV broadcast.

    Francis Wangusi Retains Position as Director General of the Kenyan Communication Authority
    Francis Wangusi has won another term as the head of the  Kenyan Communication Authority leaving him as the head of the regulatory agency for the next four years.

    GOtv Extends Reach WIthin Southwest Nigeria
    Digital Pay TV provider, GOTv, has extended its coverage area to Epe and Ijebu Ode, South West Nigeria.

    Tigo Rwanda and Bank of Kigali Link up their Financial Services
    Tigo Rwanda has announced its partnership with Bank of Kigali to tie up its Tigo Cash services into Bank of Kigali customers accounts.

    Featured on TechCabal

    Pythias Allows Users Make Service Requests Using Natural Language
    Ent-Mobile, a Kenya-based enterprise solutions company, has developed a solution called Pythias that allows users make service requests to companies using natural language.

    Tomi Davis Speaks on Boosting Angel Investor Networks in Africa
    In this interview, Tomi Davis; co-founder of the Lagos Angels Network and President of the African Business Angels Network,  Speaks on the African Business Angel Network and its annual summit set to hold at the DEMO AFrica event in September.

    More from this Author

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      Orange launches a mobile crowdfunding platform in Cote d’Ivoire

    • Events
      Applications are open for CcHub’s programming school for youngsters

    • Internet
      Facebook releases user figures for Kenya, South Africa and Nigeria


    CcHUB says it deployed $4.18 million in grants in 2025


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    CcHUB says it deployed $4.18 million in grants in 2025

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  • Nigerian banks will now verify fraud-linked mobile numbers under new CBN–NCC agreement
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  • AXIAN’s Benjamin Toulouze says CVCs can move faster than VCs
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  • The money engines that built Fawry’s $1 billion business
    Fawry's headquarters in Cairo. Image source: REUTERS/Ehab Farouk
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    The money engines that built Fawry’s $1 billion business

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  • Terra Industries says it is building Africa’s largest drone factory in Ghana
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