- Explore the transformative impact of East Africa's top startups in climate tech, fintech, and ed-tech reshaping the region's economy in 2025.
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- Explore the top investors driving growth in Africa's booming e-commerce sector, tackling challenges and unlocking opportunities for startups.
The post 10 Investors Investing in African E-Commerce appeared first on Tech In Africa.
- Explore the investors reshaping Africa's EdTech landscape, driving innovation, accessibility, and growth in education technology across the continent.
The post 8 Investors Investing in African EdTech appeared first on Tech In Africa.
- Leading pan-African fintech company, Nsano Ltd, has officially launched its East Africa regional office in Rwanda. This follows the company’s receipt of both the Payment Aggregation and Payment Remittances Service Licenses (Category II and III) from the National Bank of Rwanda. Nsano’s proven…
- Despite the growing popularity of social commerce among micro, small, and medium-sized enterprises (MSMEs), Kenya has yet to fully harness its potential. With millions of Kenyans actively using social media platforms, many businesses have adopted this model to reach customers. A key challenge for e…
- With $4.6b of start-up funding raised since 2019, Nigeria (#1 funding / #1 population / #5 GDP) is sitting comfortably in the top spot, which is not surprising if we look at its population (#1) but actually is much better than its economic rank (#5), though this rank has been affected recently by…
- Olkaria, a leading geothermal power hub near Naivasha, is set to be designated as Kenya’s 16th Special Economic Zone (SEZ), transforming it into a regional industrial hub powered by renewable energy. Spanning 8,292 acres, the Olkaria SEZ is expected to attract both local and international investors…
- In a move affecting Nigerian users, Google will increase the monthly subscription fee for its 100GB Google Drive storage plan from ₦950 Naira to ₦1,900 Naira. The new pricing will take effect on March 28, 2025. In a notification to its customers, Google stated, “The price will automatically…
- With nearly 70% of Zambia’s financial inclusion driven by mobile money services, Flutterwave’s entry into the market is expected to accelerate both digital transactions and business growth. The company’s technology enables secure and affordable payments, allowing businesses to scale operations with…
- South Africa expressed disappointment on Thursday after the Group of 20 talks it hosted on global economic issues concluded without reaching a consensus. Several high-ranking officials from different countries were absent, and delegates were significantly divided on key issues like climate finance…
- Elon Musk’s Starlink has emerged as the second-largest Internet Service Provider (ISP) in Nigeria, surpassing FiberOne in terms of customer numbers, while Spectranet continues to hold the top spot in the market. This information was disclosed in a recent report by the Nigerian Communications…
- Nigeria has made a significant move to safeguard its telecommunications infrastructure by establishing a Joint Standing Committee on the Protection of Fiber Optic Cables. This initiative, led by the Federal Ministry of Works (FMoW) and the Federal Ministry of Communications, Innovation, and Digital…
- OpenAI unveiled its highly anticipated GPT-4.5 model on Thursday, marking the debut of one of the most awaited products in the growing generative AI market. However, the launch, coming two years after GPT-4, highlighted the challenges the AI company faces in maintaining its leadership in the race…
- Global trade tensions and the potential for a value-added tax (VAT) hike in South Africa could undermine two years of slowing inflation, according to the country’s central bank governor, Lesetja Kganyago. Speaking on the sidelines of a G20 finance officials meeting in Cape Town, Kganyago warned…
- South African President Cyril Ramaphosa stated on Thursday that he aimed to “do a deal” with U.S. President Donald Trump to resolve a dispute concerning his country’s land policy and the genocide case against Israel at the World Court. This follows Trump’s decision to cut U.S. financial assistance…
- Moroccan AI technology company ToumAI has secured €1 million (approximately $1 million) in pre-seed funding to further its mission of providing personalized, adaptive, and sustainable customer experience (CX) solutions worldwide. The funding round was led by Launch Africa Ventures, with additional…
- Google Ads has unveiled a new suite of creative tools that harness the power of AI, enabling advertisers to generate lifestyle imagery and enhance campaign performance. These features are designed to boost audience engagement across various platforms, including Performance Max, Demand Gen, Display…
- In a remarkable display of innovation and growth, three fintech companies with African roots have made it to the prestigious Forbes Fintech 50 list. Tala, Nala, and Carry1st are not only representing Africa on this global stage but are also redefining the fintech landscape with their…
- While Africa’s startup ecosystem is often dominated by the “Big Four”—Nigeria, Kenya, South Africa, and Egypt—a new wave of innovation is emerging in Rwanda. A recent report analyzing funding trends from 2014 to 2023 showcases Rwanda’s rapidly growing startup ecosystem, highlighting its more than…
- Mark Bristow, CEO of Barrick Gold, the Canadian mining giant and the world’s second-largest gold producer, is well-acquainted with disputes involving African governments. In an interview with The Economist at a major African mining conference in Cape Town this month, he reflected on past clashes…
- Over the past decade, Africa has emerged as a dynamic hub in the global technology arena, attracting significant investor interest. In 2024, African startups secured $2.21 billion across 488 deals, marking a 22.73% decline from the previous year. Notably, the latter half of 2024 experienced a 24.96…
- BUI, a globally recognized technology consultancy and managed services provider specializing in cloud, security, and networking solutions for mid-market and enterprise businesses, has officially launched a cutting-edge Cyber Security Operations Centre (Cyber SOC) at its Nairobi branch in Kenya. A…
- Orange, MTN, and Moov Africa have committed to expanding network coverage across Côte d’Ivoire by deploying 240 new small-scale radio sites. This initiative aligns with the government’s push for broader digital inclusion and improved service quality, particularly in rural areas that have long been…
- Yango Senegal has officially launched its food delivery service, expanding its SuperApp, which already includes ride-hailing and parcel delivery. Now, users can order meals from partner restaurants—and eventually, grocery stores—without needing to switch apps. It certainly sounds like a win for…
- South Africa’s Competition Commission has been intensifying its scrutiny of big tech, and now Google finds itself under the microscope. Following a 16-month investigation, the commission has accused Google of unfairly claiming a significant share of revenue from local news publishers, further…
- Nigeria’s digital payments sector has seen rapid growth over the years, yet contactless payments—widely adopted in markets like Europe and China—remain uncommon. PalmPay, one of Nigeria’s largest fintech firms, is aiming to change that. In collaboration with contactless payment infrastructure…
- Moroccan eyewear startup LNKO has secured an undisclosed equity investment from Egypt-based Beltone Venture Capital to fuel its expansion across Africa. Founded in 2020 by Maha Bennani, LNKO offers stylish and affordable eyewear through a fully digitized value chain. The company has already served…
- Satellite giant Arabsat and media technology leader Qvest aims to transform streaming services across the Middle East and North Africa. The two companies recently formalized their collaboration through a Memorandum of Understanding signed at FOMEX 2025 in Riyadh. The agreement centers on developing…
- The South African Competition Commission has released recommendations that would require major tech companies to pay local news publishers for content use. The provisional report from the Media and Digital Platforms Market Inquiry targets Google, Meta, and X (formerly Twitter), suggesting they…
- Millions of people across sub-Saharan Africa depend on remittances sent by relatives living abroad. However, sending money to this region is more expensive than anywhere else in the world, according to the World Bank. In response to this challenge, several African-founded financial technology (…
- For Africans in the diaspora, accessing authentic African products—such as fabrics, clothing, spices, and art—can be a challenge. Their choices are often restricted to overpriced African stores in their communities, middlemen reselling on global platforms like Etsy with steep markups, or relying on…
- EqualyzAI, an African-focused AI startup, has introduced an AI-powered platform aimed at promoting African languages through localized models and hyperlocal datasets. The launch was announced by one of the company’s co-founders, Olubayo Adekanmbi, during an event in Lagos on Friday, held in…
- The Central Bank of Nigeria (CBN) turned down a significant portion of bids from investors seeking to invest in Treasury bills at last week’s primary auction. Out of the N2.41 trillion submitted for Nigerian Treasury bills, the CBN allotted only N774 billion at a reduced interest rate, rejecting N1…
- Egypt has been recognized as one of Africa’s top technology investment destinations for 2024, according to MENA, a partner of TV BRICS, which referenced global rankings. As reported by the Information and Decision Support Centre (IDSC) of the Egyptian Cabinet, the country secured third place among…
- Risevest, a Nigerian investment platform, has acquired a U.S. broker-dealer license through its affiliate, Risevest Financial Securities Limited. This achievement makes it the second financial organization from Nigeria to obtain this credential, following Bamboo’s earlier acquisition. The company…
- EqualyzAI, an artificial intelligence startup focused on democratizing AI for African language speakers, has officially unveiled its suite of solutions. The company aims to build AI technologies that address real-world challenges in emerging markets through locally relevant approaches. The startup…
- Affinity Africa has secured $8 million in seed funding to revolutionize banking access across Africa through its innovative digital platform. The oversubscribed funding round, led by Grazia Equity and BACKED VC, marks a significant milestone in the company’s mission to serve underbanked communities…
- Nigeria achieved a significant digital milestone as cumulative internet consumption surpassed one million terabytes in January 2025, according to data from the Nigerian Communications Commission. This breakthrough highlights the nation’s growing digital transformation since the NCC initiated data…
- Tax ruling has reshaped the landscape for electric bicycle manufacturers in Kenya. The Kenya Revenue Authority emerged victorious in its dispute with Ebee Mobility Kenya over the classification of imported electric bicycles, establishing a crucial precedent for the country’s emerging mobility…
- Tunisia marked a significant technological advancement as three major telecommunications operators simultaneously launched 5G services across the country. Orange Tunisie, Ooredoo Tunisie, and Tunisie Télécom rolled out their 5G mobile services following a swift implementation period after receiving…
- TikTok has introduced its dedicated Science, Technology, Engineering, and Mathematics (STEM) feed to Kenyan users. This specialized content stream appears alongside the platform’s traditional For You feed, creating a space where educational content from field experts can flourish. The STEM feed…
- African startups kicked off 2025 with remarkable funding momentum, securing $289 million in January despite the month’s traditional reputation for sluggish investment activity. Data from Africa the Big Deal reveals this represents a dramatic 240% increase compared to January 2024, when startups…
- Dashen Bank, a leading Ethiopian private financial institution, has formed a strategic partnership with global nonprofit Accion and the Mastercard Center for Inclusive Growth. The collaboration aims to develop innovative digital financial services specifically designed for micro, small, and medium…
- Electric vehicle adoption across Africa is outpacing projections, with Nigeria alone housing approximately 5,000 EVs according to Mosope Olaosebikan, CEO of NEV Electric. This figure challenges earlier forecasts that predicted only 2,200 EV sales for the entire continent by 2027. Recent data…
- Microsoft has announced a significant investment of $1 million aimed at training one million Nigerians in artificial intelligence and digital skills over the next two years. The initiative was unveiled during an event in Lagos as part of the technology giant’s broader strategy to strengthen its…
- Egyptian Software-as-a-Service startup Qme has raised $3 million in seed funding, with deep-tech firm AHOY leading the investment round. This investment will go towards enhancing Qme’s AI-driven solutions, which are designed to modernise appointment booking systems and reduce inefficiencies in…
- Vodacom Group held an investor briefing today to outline its strategic roadmap for the next five years. During the February 19, 2025 presentation, the telecommunications giant introduced its Vision 2030 strategy, which includes a significant upgrade to its financial growth targets. The company…
- President Trump’s executive order to shut down USAID has halted critical aid to vulnerable populations globally and severed a significant source of non-dilutive funding for African startups. Over the past decade, USAID’s Development Innovation Ventures (DIV) invested more than $100 million in…
- The Federal Inland Revenue Service (FIRS) has filed a lawsuit against cryptocurrency exchange Binance, demanding $79.5 billion in alleged economic losses and an additional $2 billion in back taxes for 2022 and 2023. This brings the total claim to $81.5 billion, which is nearly $20 billion (31.45%)…
- Ghanaian fintech startup Affinity Africa has raised $8 million in an oversubscribed seed funding round to expand its affordable banking services. The round was led by Grazia Equity and BACKED VC, with participation from Enza Capital, Launch Africa, Renew Capitall, Finca International, Attijariwafa…
