Meta Faces Lawsuits in Ghana Over Moderators’ Mental Health
Plus: Zeepay raises $18 million in debt and Bolt launches electric tricycles in Lagos
Meta is facing fresh legal action in Africa as content moderators in Ghana accuse the tech giant’s contractors of causing severe psychological harm.
In The News This Week:
Zeepay Secures $18M Debt Funding to Boost Remittance Operations
Zeepay, a player in Africa’s digital remittance and mobile money space, has secured $18 million debt funding.
OmniRetail Raises $20M to Expand Across West Africa
Nigeria-based OmniRetail has secured a $20 million Series A equity round to scale its B2B commerce platform across Nigeria, Ghana, and Ivory Coast.
MTN Group Confirms 5,700 Ghana Customers Potentially Affected
MTN Group has disclosed a cybersecurity incident but says all platforms remain fully operational.
In the rest of the news (ICYMI):
Nigeria Central Bank Fines Paystack ₦250M over Zap Wallet Violation
Kofa Raises $8.1M to Scale AI-Powered Battery-Swapping in Urban Africa
C-One Ventures Acquires Nigeria’s Bankly to Expand Fintech Portfolio
Tendo Secures Renew Capital Funding to Power Social Media eCommerce
Nigeria’s Central Bank To Launch Open Banking in August 2025
i3 Selects 7 African Startups to Transform Pharmacy Care, Backed by Gates Foundation and Others
Africa Ecosystem Activity
African AI startups invited to apply for Google for Startups Accelerator Africa programme
Invest-IT programme launched in Egypt to accelerate startup investment readiness
Kenyan e-health startup MYDAWA secures undisclosed funding round for expansion