AFRICAN STARTUPS MORNING WIRE
ISSUE OF
The overnight wire, every weekday morning — the raises, launches and exits the desk judged in.
OPay’s $4bn US listing stalls after a regulatory inquiry, while Google.org funds Helium Health’s maternal care AI and Beyond Capital closes
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OPay’s $4 billion New York listing stalls after China inquiry, putting its US IPO and planned Standard Bank investment on hold
OPay’s planned $304 million US listing has stalled after a regulatory inquiry that was later linked to China, disrupting the Nigeria-focused fintech’s attempt to enter the New York market at a valuation of about $4 billion.
Why it matters: OPay’s delayed New York listing and planned Standard Bank investment are on hold following a regulatory inquiry linked to China.
africa.businessinsider.com · 4 November
Google.org Backs Nigeria’s Helium Health with $2.5M to Bring Clinical AI to Maternal Healthcare
Helium Health will deploy clinical AI models in primary maternal healthcare in Nigeria using a $2.5 million grant from Google.org.
techbuild.africa · 4 November
Helium Health secures $2.5 million Google grant to tackle maternal deaths with AI
Helium Health will use the $2.5 million grant to deploy AI tools that help identify pregnancy risks and improve maternal healthcare delivery in Nigeria.
techcabal.com · 4 November