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Electric Car manufacturer Rivian to Delays Deliveries of R1S SUVs

Electric Car manufacturer Rivian to Delays Deliveries of R1S SUVs

Electric cars maker Rivian Automotive Inc has informed its customers that they’re running behind schedule to deliver the R1S SUV. This comes after the company had earlier said R1S would begin production at the Normal, Illinois plant in December, with the first deliveries expected in January. Rivian has now started sending emails to customers to inform...

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Nigeria’s Helium Health bought Qatar based Meddy, a MediTech Firm

Nigeria’s Helium Health bought Qatar based Meddy, a MediTech Firm

The Nigerian medi health tech startup Helium Health has bought Meddy, a Qatar-headquartered and UAE-based doctor booking platform. Details of the transaction is not disclosed unfortunately. Both, Meddy CEO Haris Aghadi and COO Abed Alkarim Khattab will join Helium’s leadership team as part of the deal. They will “play integral roles in Helium’s execution of its GCC strategy and operations.” Helium...

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Root, Cape Town Tech Startup Receives $3 Million to Expand into European Market

Root, Cape Town Tech Startup Receives $3 Million to Expand into European Market

Root, the Cape Town based company has raised $3 million in seed funding to scale their business outside the South Africa and build the infrastructure for the global digital insurance economy. The company Root, uses APIs to help businesses and developers to launch insurance products faster than the traditional way. The company received financial backing...

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Mohale Motaung Launches a Cosmetics line Elahom

Mohale Motaung Launches a Cosmetics line Elahom

After spending some time at the front of the camera as an actor and model, now the brother in venture into a business. The media personality and ambassador for multiple brands Mohale Motaung has now ventured into the cosmetics industry with a new brand, Elahom Cosmetics. Mohale is Somizi Mhlongo’s estranged husband. He started his...

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Master P partner with former Tesla designer to develop Black-owned supercar

Master P partner with former Tesla designer to develop Black-owned supercar

Legendary rapper and entrepreneur Percy, “Master P” Miller is known for putting his No Limit stamp on music, movies, products and more. His latest partnership with Nemesis RR creator, Richard Patterson, the first Black-owned supercar manufacturer in America, is no different. Miller’s son Romeo and business partner James Lindsay join him in a move that is sure...

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Donald Trump Launches ‘TRUTH’ Social, Media Platform and Streaming Service TMTG+

Donald Trump Launches ‘TRUTH’ Social, Media Platform and Streaming Service TMTG+

Former U.S. President Donald Trump announced he will launch his own social media platform, TRUTH Social, according to a press release by Trump Media and Technology Group (TMTG).  TRUTH Social will be created through a new company formed by a merger of the Trump Media and Technology Group and a special acquisition company (SPAC), according to a press...

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Playboy Launches its Creator-led website Centerfold

Playboy Launches its Creator-led website Centerfold

The owner of Playboy is accelerating the launch of its creator-led website Centerfold after agreeing to buy Dream, a social-content platform, for as much as $30 million (~R440 million). The site will roll out in the fourth quarter, ahead of the previous plan for the second half of next year, PLBY Group Inc. chief executive...

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Google to Invest $50M Fund into African Startups

Google to Invest $50M Fund into African Startups

Google plans to invest up to $50 million in African early- and growth-stage startups via its Africa Investment Fund, ramping up efforts to support more businesses on the continent. Google made known its plans today in a virtual event where CEO Sundar Pichai announced the tech giant’s intentions to commit $1 billion over the next five...

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