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Crypto Startup Amber Group Closes $100m Funding, Two Other Things And A Trivia

This line-up of stories will help you discover the latest happenings around the tech world, today.

1. Crypto startup Amber Group closes $100M

Amber Group, a Hong Kong-based cryptocurrency trading startup has closed a $100 million Series B funding round.

This comes as more mainstream venture capital firms race to become crypto investors despite a global dip in the value of Bitcoin.

According to the company, the new funding takes its portfolio to a pre-money valuation of $1 billion.

Speaking on the latest valuation, the board noted that it is over 300% more than that of the company’s Series A closed in 2019, a $28 million round.

The new raiser saw the participation of high-profile financial and VC firms, including China Renaissance, which led the round, and Tiger Brokers, Tiger Global Management, Arena Holdings, Tru Arrow Partners, Sky9 Capital, DCM Ventures, and Gobi Partners.

The startup was founded by a group of former investment bankers in their twenties to apply machine learning algorithms to quantitative trading.

Tech Trivia: How many iPhones has Apple sold?
A. 100 million
B. 50 million
C. 150 million
D. Over 200 million
Answer: See end of post.

2. US PR firm launches mentorship programme for African female founders

C. Moore Media, a New York-based public relations (PR) company, has launched a mentorship programme for Africa female founder.

Themed: The Future is Female Programme, the initiative is a PR and communications mentorship programme dedicated to the business development needs of African tech female founders.

The programme is expected to provide the underserved market of African female founders of early-stage startups with the PR and communications insights.

Also, it hopes to improve participants on knowledge, and skills needed to gain visibility while growing their business.

Hence, the programme is aimed at African women based on the continent or in the diaspora, launching or growing a tech business for African markets or serving Africans in the diaspora.

The initiative comes as the second edition, and female founders will learn insights into the fundamentals of PR and communications for early-stage tech startups.

3. TradeBRICS launches to help buyers source products from African suppliers

South African startup TradeBRICS has announced launching as an e-commerce marketplace where global B2B buyers can source products directly from African suppliers and manufacturers.

TradeBRICS, according to its founder and lead strategist, Shaarad Muharaj, was born after the discovery that there are opportunities in importing directly from foreign manufacturers.

He said: “The lack of demand was due to medium and large corporates importing cheaper goods from Asian countries like China, Vietnam, and Bangladesh.

“There were very similar statistics like this across major African countries who rely on imported goods. We knew that this was the opportunity to create an inclusive, international supply chain for all African businesses to benefit from.”

TradeBRICS entered into the journey in 2018 and got registered later in 2019.

Today, with a 20-strong team, the platform enables African suppliers and manufacturers to find global customers, manage and ship orders, apply for purchase order finance, and accept online and offline payments.

Tech Trivia Answer: Over 200 million

American mobile phone manufacturer, Apple remains one of the leading phone manufacturer and retailer in the world with over 200 million phones sold so far.

According to Piper Jaffray reports on Apple, the phone brand has sold 244.2 million of its brand.

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Ghana police arrest five suspects, rescue 57 Nigerian nationals from human trafficking and cybercrime syndicate

The Criminal Investigation Department of the Ghana Police Service has arrested five Nigerian suspects for allegedly trafficking fifty-seven Nigerian nationals into Ghana under the guise of job offer and education.

In a statement released on Wednesday, October 22, 2025, the CID said the suspects, identified as Joel Nosa, Collins Rotimi, Shadrack Lulu, Austin Amahuaro, and John Uloko, were picked up at Adom Estates, Community 25, in an intelligence-led operation by its Operations Unit

According to the Police, preliminary investigations revealed that the suspects are part of a human trafficking network that lures young men and women from Nigeria to Ghana with promises of employment and educational opportunities.

It explained that upon arrival, the victims, aged between 18 and 26 years, were forced to engage in online romance scams and other illegal cyber activities.

Police officers retrieved seventy-seven laptops, thirty-eight mobile phones, two vehicles, three television sets, and other internet-enabled devices believed to have been used in committing the crimes.

The CID indicated that all fifty-seven victims have been rescued and are receiving the necessary care and support.

The suspects, it added, are in custody assisting with investigations.

The Police cautioned the public, especially the youth, to be careful about offers of jobs, educational opportunities, or travel arrangements made through social media or other unverified sources.

Ghana Police reaffirmed its commitment to fighting human trafficking, cybercrime, and related offenses, and encouraged anyone with credible information on such activities to report to the nearest police station

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FCT Commissioner of Police redeploys DPO caught on tape assaulting man

The Commissioner of Police, Federal Capital Territory, CP Miller G. Dantawaye, has ordered the immediate redeployment of the Divisional Police Officer (DPO) Ushafa back to the State Headquarters.

This decision follows the circulation of a video on X (formerly Twitter) depicting the Divisional Police Officer (DPO) sl@pping a young man on Wednesday, October 22.Watch the video here.

In a statement released, the command’s spokesperson, SP Josephine Adeh, said the Commissioner of Police strongly condemns the officer’s actions, which falls short of the high standards of discipline, civility, and professionalism expected of police officers. He emphasizes that such behaviour is unacceptable and will not be tolerated under his leadership. Consequently, the officer has been redeployed, and the situation is currently under investigation.

‘’While administrative disciplinary steps are being taken, CP Dantawaye reminds all DPOs and their subordinates that they must remain professional, courteous, and law-abiding in the discharge of their duties. He warns that any act of misconduct or abuse of power will attract severe sanctions.

The Commissioner of Police also calls on members of the public to remain respectful and law-abiding in their interactions with police officers, as mutual respect and cooperation are essential for effective community policing and public safety.” the statement reads

Adeh mentioned that to report suspicious activity or persons, FCT residents are enjoined to call the commands emergency number via: 08061581938, 08032003913, CRU: 08107314192.

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Police arrest suspected hoodlums, recover firearms in Ebonyi

The Ebonyi State Police Command has intensified its fight against criminal activities, leading to the arrest of two suspected hoodlums during an intelligence-led operation in Ezza South Local Government Area of the state.

According to a statement by the Police Public Relations Officer, SP Joshua Ukandu, the operation by the Command’s Crack Squad at Amanekwula Village, followed reports of sporadic gunshots by suspected criminals.

Ukandu explained that on sighting the police team, the suspects attempted to escape into a nearby bushes but were swiftly apprehended.

The suspects were identified as Chigbo Eze and Igbele Osinachi, both males.

Items recovered from them include one locally-made pistol and fourteen (14) rounds of 9mm live ammunition.

He added that the suspects are currently in custody as investigations continue to track down other members of the criminal gang, after which the arrested suspects will be charged to court.

Meanwhile, the Commissioner of Police, CP Adaku Uche-Anya, reiterated the Command’s determination to sustain its onslaught against crime and criminality in the state.

She urged residents to remain law-abiding and continue to provide the police with timely and credible information to enhance public safety across Ebonyi State.

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