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- Nigeria’s economic framework is significantly bolstered by family-owned businesses. From small neighborhood shops to expansive corporations, these entities inject an impressive $200 billion into the national GDP. However, despite their crucial role, family businesses often remain underrecognized…
- The National Identification Authority (NIA) has announced that starting May 1, new fee adjustments will be implemented for Ghanaians obtaining national identification cards (Ghana Cards) for the first time, those needing replacement cards, and individuals updating their personal details. Citizens…
- TLcom Capital, a venture capital firm based in Nairobi and known for investing in companies like Vendease, Seamless HR, and uLesson, has successfully completed its final fundraising round for TIDE Africa II, achieving a total of $154 million dedicated to early-stage startups. The fund initially…
- Smart cities are becoming a vital response to the challenges posed by rapid urbanization and infrastructural needs in African cities. These cities utilize advanced technology, data analytics, and innovative approaches to enhance efficiency, sustainability, and the overall quality of life for their…
- Nigeria’s Ministry of Works is on the verge of finalizing a new regulation aimed at criminalizing damage to fiber cables, following incidents that cost MTN and Airtel a combined total of ₦27 billion in losses. This upcoming rule will introduce harsher penalties for those responsible and will…
- Chukwudi Ezenwa, an accomplished serial entrepreneur and security expert who is also the architect behind Tech Guard, has made significant assertions about his trailblazing tech company’s role in transforming digital innovation across Africa’s security sector. As the chairman of GSS Security, a…
- by Mark Allewell, CEO of Sensor Networks Differences between cultures, social rules and norms exist in all societies and across all communities. For the most part, these unspoken social rules keep societies well-oiled and functioning smoothly – having an implicit understanding of what is required…
- In a strategic move, the Kenyan startup MarketForce, backed by Y Combinator, has announced the shutdown of its B2B e-commerce platform, RejaReja. The company’s co-founder, Tesh Mbaabu, shared this development in a blog post on Wednesday afternoon, while also unveiling the company’s new venture,…
- In a bold move to unleash the transformative potential of African healthcare innovation, Pishon Health has announced the launch of its groundbreaking Social Innovation Incubator program. The 12-week program is designed to empower innovators in developing technology-driven solutions that address the…
- A recent study from the cloud communications platform Infobip has revealed a profound transformation in how people and brands interact, driven by the rapid advancements in conversational customer experiences and generative Artificial Intelligence (AI). WhatsApp remains the primary channel for…
- Africa Tech Summit (ATS) London, the premier tech conference driving business and investment opportunities across the continent, is set to host its eighth edition on June 7th, 2024, at the London Stock Exchange. This highly anticipated event gathers over 300 African and international tech leaders,…
- In a region where owning a car is synonymous with both mobility and economic opportunity, AUTO24.africa is reshaping the automotive industry. Launched by Africar Group, a leading entity in African automotive classifieds, AUTO24.africa is active in South Africa, Morocco, Côte d’Ivoire, Senegal, and…
- ClusterLab, a Tunisian-born AI startup now based in the UAE, has secured $600,000 in pre-seed funding to advance its research and development initiatives. This funding will further strengthen its efforts in enhancing the Arabic audiobook summarization app, Reedz. Originating in Tunisia and based in…
- The Global Startup Awards Africa is currently inviting applications from African innovators, startups, and ecosystem facilitators dedicated to tackling major global challenges. African startups in the e-health, agri-tech, fintech, mobility and logistics, green-tech, and women in tech sectors are…
- Zeepay, a Ghanaian fintech startup, has successfully secured a round of equity funding to bolster its expansion across Africa and the Caribbean. Zeepay has secured further funding from prominent pan-African investment groups including Africa50, Oikocredit, Injaro, Verdant Capital Hybrid Fund, and I…
- Verod-Kepple Africa Ventures (“VKAV”) has successfully concluded its inaugural fund, raising a total of $60 million. SBI Holdings, Toyota Tsusho Corporation, Sumitomo Mitsui Trust Bank, Japan International Corporation Agency, and Japan ICT Fund are some of the key institutional investors in the…
- Google has recently announced that all Google Photos users will now have complimentary access to a selection of its cutting-edge AI-powered photo editing tools. Google Photos offers a range of AI capabilities, including Magic Eraser for removing unwanted objects from images, Photo Unblur for…
- SunCulture, a Kenyan climate tech startup, has raised $12 million to scale its solar irrigation solution across Sub-Saharan Africa. The company aims to equip hundreds of thousands of smallholder farmers with IoT-enabled solar-powered irrigation by 2030. InfraCo Africa, a division of the Private…
- African startups with a vision for a better future can now apply for the Norrsken Accelerator in Stockholm. Successful applicants will receive US$125,000 in cash and access to an eight-week business development course. Applications are currently being accepted. In 2016, Niklas Adalberth, a former…
- Irish Tech Challenge South Africa is extending an invitation to South African startups to apply for their initiative aimed at fostering collaborations between Irish and South African startups. In collaboration with Wits University’s Tshimologong Digital Precinct in South Africa and Dogpatch Labs in…
- The AgriTech4Egypt Innovation Challenge is currently open for applications from driven scientists and entrepreneurs who are working on agri-tech solutions to enhance the productivity, efficiency, and climate resilience of Egypt’s agricultural system. The AgriTech4Egypt Innovation Challenge is…
- Kenyan startup BasiGo, specializing in electric bus solutions, has secured a $3 million equity investment from CFAO Group to bolster its production expansion in Rwanda and Kenya. CFAO, a prominent company with a strong foothold in over 40 African countries and the largest automobile distribution…
- Float, a South African fintech startup, has secured an $11 million funding facility from Standard Bank. This investment will be used to launch its card-linked installments platform and to support its ambitious growth objectives over the next four years. Customers can easily access our services…
- In a significant move to enhance the safety and independence of adolescents, Uber has announced the rollout of its Uber Teen Accounts across South Africa. This innovative feature provides families with a tailored solution, enabling parents and guardians to grant their teenage children (aged 13-17)…
- In a significant move, the French broadcasting group Canal+ has significantly increased its shareholding in the MultiChoice Group, taking its stake beyond 40% for the first time. This development has triggered a mandatory offer for the remaining shares in the JSE-listed broadcaster. According to a…
- Elon Musk’s satellite internet company, Starlink, is facing a series of setbacks in its quest to expand its services across Africa. The latest development comes from Zimbabwe, where the government has ordered the company to shut down its operations in the country. According to a communication sent…
- Airtel Africa, the second-largest mobile network operator in Nigeria, has announced a significant move to buy back 8.6 million ordinary shares from Citigroup Global Markets Limited. This decision is part of a broader share buyback plan that the company initiated in February 2024. The primary…
- RNR, a South Africa-based breakdown management startup, has secured ZAR12 million (US$640,000) in funding to bolster its team and scale its operations across Southern Africa. HAVAÍC, a prominent South African venture capital firm, spearheaded the startup’s funding round in February 2023, raising…
- In a strategic move to revitalize slowing computer sales, Apple is gearing up to revamp its entire Mac lineup by introducing a new suite of in-house processors tailored to showcase the power of artificial intelligence. The company, which recently launched its first Macs featuring M3 chips, is…
- Transaction Capital’s subsidiary, WeBuyCars commenced trading on the JSE, marking the first of 10 anticipated listings this year. Shares of WeBuyCars debuted on the market at R20 per share, surpassing the initial public offering price of R18.75 per share. Another cannabis firm, Cilo Cybin Holdings…
- Meta Platforms, the parent company of Facebook, has initiated an anti-hate speech and misinformation campaign in South Africa. The campaign will be featured on its platforms and broadcasted on local and national radio stations. As part of its ongoing commitment to safeguarding the integrity of the…
- In a groundbreaking development, Nigeria has made history by being the first country to introduce the Men5CV vaccine, as recommended by the World Health Organization (WHO). This vaccine provides protection against five strains of the meningococcus bacteria. The initiative, including the emergency…
- In a move to broaden its reach and connect cultures through a multilingual digital library, the French-based digital reading platform, YouScribe, has partnered with Digital Virgo and MTN to launch its services in Ghana. The digital reading library’s expansion into Ghana is an ambitious step, as the…
- In a significant move aimed at attracting skilled remote workers, the South African government has signed its digital nomad visa regulations into law. This milestone marks a pivotal step in the country’s quest to harness the potential of the burgeoning digital nomad community. The digital nomad…
- Schneider Electric Kenya is dedicated to fostering the next generation of sustainable energy leaders through its Scholar Grid Challenge initiative. The Scholar Grid Challenge, held at PC Kinyanjui Technical Training Institute, convened trainees for a rigorous competition aimed at designing a 10kVA…
- Mastercard and Women’s World Banking have recently unveiled an enhanced collaboration to bolster support for female entrepreneurs throughout the Middle East and Africa (MEA) region. This strategic partnership is geared towards generating one million employment opportunities for women by the year…
- Huawei Cloud has recently initiated a program in Nigeria, committing to provide $10 million in cloud credits to assist 100 Nigerian startups over the next two years. Huawei announced its commitment at the Huawei Cloud Startup Summit in Lagos on April 3, 2024. The summit brought together over 150…
- Amid escalating electricity prices, inflation, and persistent worries about loadshedding, households in South Africa are keeping a vigilant eye on their spending. Groceries stand out as a significant portion of this expenditure, making up 28% of incomes for South Africans, as reported by FNB.…
- Amazon Web Services, Inc. (AWS), a subsidiary of Amazon Inc. (NASDAQ: AMZN), has unveiled AWS Deadline Cloud, a comprehensive managed service designed to streamline the setup, deployment, and scalability of rendering projects within minutes. This service empowers customers to enhance the efficiency…
- Roam, a Kenyan-based electric mobility pioneer, has recently formed a strategic partnership with Mogo, a leading asset financier in East Africa. This collaboration is a significant milestone in promoting the use of electric motorcycles in Africa. It aims to empower individuals to transition to…
- Saad Kassis Mohamed, at the helm of WeCare, has joyfully announced the securing of $350,000 in funding, aimed at propelling forward innovation within the lab-grown diamond industry. This critical injection of funds represents a key turning point in the foundation’s dedication to promoting…
- The African gaming industry is on the cusp of a remarkable transformation, with a new report from Geopoll and the Pan Africa Gaming Group (PAGG) shedding light on the evolving player preferences and behavior across the continent. The findings from this extensive player-focused research, which…
- In a move aimed at bolstering Africa’s burgeoning technology landscape, the International Finance Corporation (IFC) has announced a $10.5 million investment in a new fund by 4DX Ventures, a New York-based venture capital firm. This strategic partnership seeks to empower early-stage African tech…
- BURN Manufacturing, a global leader in producing, distributing, and developing carbon projects for clean cookstoves, has announced the successful acquisition of a subsequent carbon project investment from Key Carbon Ltd. (previously known as CNR “Carbon Neutral Royalty” and hereafter referred to as…
- Yango Delivery, a tech firm offering a platform for making and receiving local delivery requests, has launched Cargo Express, a new service aimed at facilitating the transport of large and heavy items throughout Africa. This service addresses the vital need in the fast-expanding e-commerce market…
- CMC Networks recently introduced its Air Connect solution, which provides wireless connectivity to businesses throughout South Africa. This Wireless to the Business (WTTB) solution offers dependable, high-speed connectivity and ensures business continuity, even in some of the most demanding…
- Safaricom’s M-PESA has forged an International Money Transfer Agreement with Onafriq, Africa’s leading digital payments network across 40 countries. This partnership aims to enhance the efficiency of remittance flows to Ethiopia. M-PESA provides accessible financial solutions through mobile phones…
- Check Point Software Technologies Ltd, a leading provider of AI-powered cybersecurity platforms delivered through the cloud, has recently announced a strategic collaboration with NVIDIA. This partnership aims to enhance the security of AI cloud infrastructure. By integrating with NVIDIA DPUs, the…
- The exhibition is expected to facilitate more than 600 meetings between startups, investors, and companies. Rabat – Minister Ghita Mezzour, Delegate to the Head of Government in Charge of Digital Transition and Administrative Reform, has revealed an ambitious vision for the upcoming second edition…
- Patrice Motsepe, a South African billionaire, is reportedly in discussions with Vivendi SE’s Canal+, a French media company, to potentially collaborate on a bid for MultiChoice, South Africa’s leading PayTV provider. As the April 8 deadline for Canal+’s formal buy offer approaches, there is a need…
