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- The next time you shop on Amazon and find yourself inundated with numerous reviews for that microwave you want, a new AI feature is here to simplify your experience. Unique to Amazon, this advanced feature efficiently sifts through studies, highlighting common themes and summarizing the product’s…
- In light of a security breach, Patricia has suspended withdrawals for its platform users. As a response, the company has recently revealed that it has successfully transformed all existing BTC and naira balances into its proprietary token The retail trading platform Patricia has made a significant…
- In a world where gender equality remains a formidable challenge, South Africa emerges as a beacon of progress, celebrating the remarkable rise of women entrepreneurs in its dynamic business ecosystem. Our country is one of only 12, where women’s entrepreneurial activities have increased year on…
- Ed Partners Africa, an innovative non-banking financial institution, is set to spark a significant transformation in the education sector, securing new funding to achieve this goal. The Kenya-based startup, Ed Partners Africa, focuses on offering infrastructural loans to launch transformative…
- Google is making a significant move to boost digital skills, employability, and business growth by revealing a plan to educate 20,000 Nigerian women and youth in digital competencies. This program is funded by a grant from Google’s charitable division, which collaborates with Data Science Nigeria…
- Launched originally in London in 2015, Founders Factory has evolved into a significant accelerating force within the African startup ecosystem. This dynamic accelerator and incubator is committed to the development of early-stage enterprises. Founders Factory Africa offers startups a unique…
- A significant trend in African innovation currently centres around the advocacy for startup acts. Initially pioneered by Senegal before 2018, over 17 other African nations have subsequently embarked on efforts to establish their legislative frameworks to support innovation. This movement reflects…
- Despite facing a significant load-shedding crisis, South Africa continues progressing towards green energy solutions. A team from Stellenbosch University (SU), a government-owned institution, is examining the viability of introducing the nation’s inaugural electric taxis. These taxis can…
- TalentsArena, an Egyptian business in the recruitment industry, has successfully acquired $750,000 in pre-seed capital. In this investment round, UI Investments served as the primary investor. Additionally, the round saw participation from angel investors from both Saudi Arabia and Egypt.Talents…
- Safaricom has suspended operations in Ethiopia’s Amhara region following the imposition of a 6-month state of emergency to control escalating conflict. The government ordered the emergency measures in response to intensified fighting between state security forces and Fana rebels. This shutdown will…
- Kuda Musasiwa founded ZivAi, the first AI chatbot developed specifically for Africans. Musasiwa’s childhood experiences as a Zimbabwean immigrant in 1980s Australia shaped his vision for leveraging technology to empower the African diaspora worldwide. Moved to Australia at a young age by his father…
- Telecom operator Emtel recently launched 5G services in Mauritius, becoming the second provider to offer next-gen mobile connectivity in the island nation. Emtel is building on the footsteps of My.t mobile, the mobile division of rival Mauritius Telecom, which first introduced 5G in mid-2021. Emtel…
- Airtel Africa and Mastercard have launched an international money transfer and receiving service for Airtel customers in 14 African countries. This initiative targets over 100 million Airtel mobile phone users in Africa, enhancing the partnership between Airtel Africa and Mastercard as they jointly…
- Airtel Kenya has plans to enhance its network coverage, projecting an investment of over $150 million (KSh21.5 billion) in three years. This endeavour involves multiple strategies, including deploying 649 additional network sites across Kenya, aiming to achieve their coverage expansion objectives…
- Grinta, a fintech-driven B2B digital platform revolutionizing the pharmaceutical supply chain, has extended its reach within the country by acquiring Alexandria-based online pharmacy, Auto-Cure.Grinta is a regulated marketplace that revitalizes the pharmaceutical supply chain by empowering…
- In 2018, The Gambia saw one of its worst secondary school exam results, with over 96% of students failing to qualify for university. This sparked public outcry over the country’s education system. In response, Gambian entrepreneurs Ebrima Senghore and Baba Jaiteh developed the G-Quiz app in 2021 to…
- Twitter influencers in Nigeria now receive payments for their tweets through the platform’s new Ads Revenue Sharing program. Initiated by CEO Elon Musk, this initiative shares a portion of Twitter’s advertising income with influential creators to incentivise Premium subscriptions. On Monday,…
- Kenyan authorities raided a Worldcoin warehouse in Nairobi, confiscating equipment as part of an ongoing investigation into the company’s activities and method of gathering data. Law enforcement in Kenya confiscated machines believed to hold data gathered by Worldcoin from a warehouse on Mombasa…
- VaultPay, a company specializing in payments infrastructure, has been chosen to be part of the Y Combinator Summer 2023 class. This selection marks the third instance of an African startup being included in this cohort. Hailing from the Democratic Republic of Congo, Vault Pay, a payments…
- The local operations of the Worldcoin cryptocurrency project have been suspended as per Kenya’s interior ministry, which is currently assessing potential risks to public safety. Sam Altman, CEO of OpenAI, initiated this project, which was recently launched. In certain regions, users are offered…
- Antler, a renowned global early-stage venture capital firm, is preparing to launch a $60 million fund dedicated to the Middle East, North Africa, and Pakistan (MENAP) region. The seasoned entrepreneur and Partner, Dr. Jonathan Doerr, will spearhead the fund. With the primary objective of…
- REdimension Real Estate Technology and Sustainability Fund I, the firm’s inaugural fund, has garnered over $10 million in financing from the South African venture capital company, REdimension Capital. Growthpoint Properties, Rand Merchant Bank, and Investec Property Fund spearheaded the financing…
- Mastercard’s recent announcement of partnership with Lipa Later, a prominent credit-focused and technology-driven financial services provider, aims to accelerate the expansion of Buy Now, Pay Later (BNPL) payment systems across Africa. The collaboration’s focus on delivering specialized BNPL…
- FSD Africa Investments (FSDAi) has announced a £10 million (roughly $13 million) investment in a pioneering risk-sharing backup facility in collaboration with InfraCredit. The initiative targets the augmentation of local currency financing for Nigeria’s prolonged infrastructure evolution.This…
- Anonymous Sudan, a hacker collective from Sudan, has declared that it aims at Nigerian companies in retaliation to the perceived threat of military intervention in Niger. Nigeria’s central IT agency sent out a public advisory yesterday as the group assails NITDA and admits to orchestrating an…
- TikTok, a social media platform, is purportedly facing an indefinite suspension in Senegal, marking its inaugural ban on the African continent. However, the cause behind this ban differs from the usual regulatory challenges the platform encounters worldwide, like data privacy and content…
- As the program prepares for the next generation of African investors, it stays dedicated to empowering diverse talent and fostering an environment that reflects the continent’s strong entrepreneurial spirit. South Africa has been paying close attention to international trends and is now ready to…
- Over 3000 innovators are expected to gather in Cape Town on the 27 – 28th of September. The African tech arena is brimming with potential for homegrown startups, offering enormous scope for development and novelty. African entrepreneurs are spearheading pioneering solutions as state-of-the-art…
- Flutterwave, a premier African payments technology firm, has revealed an upgrade to its $end Mobile product, now rebranded as Send App by Flutterwave. This enhancement aims to streamline and expedite money transfers from individuals in the diaspora to their families, friends, and loved ones in…
- Blockchain technology is rapidly disrupting many industries, and the telecommunications sector is no exception. Blockchain SIM cards are a new type of SIM card that uses blockchain technology to provide several benefits over traditional SIM cards, including improved security, privacy, and fraud…
- Africa’s vast potential as a beauty market stems from its growing middle class and youthful population. With the industry projected to be worth $77.81 billion by 2028, African startups are leveraging technology to revolutionise the sector. From virtual try-ons to AI diagnostics, beauty tech…
- For architectural firms like Innovate Concepts, the transformation of commercial spaces over the past decade has necessitated a focus on flexibility, wellness and sustainability. Under the leadership of Managing Partner Adeyinka Dayo-Adepoju, Innovate Concepts has spearheaded the design of…
- Prembly, a leading security provider for emerging markets has acquired data-sharing startup Tunnel to expand its financial capabilities. The strategic purchase by Prembly CEO Lanre Ogungbe aims to deliver enhanced identity verification by integrating Tunnel’s comprehensive financial records.…
- The Senegalese government recently announced fresh restrictions on internet access starting Monday. The move aims to curb the spread of hateful messages on social media, according to the country’s communications minister Moussa Bocar Thiam. The latest shutdown follows opposition leader Ousmane…
- Two years ago, Etornam Fianoo-Vidza set out to learn Swahili but found online materials ineffective. This experience motivated the French and Spanish teacher to start her interactive language learning platform, Spiika, to help provide more engaging resources. Unlike other apps limited to offering…
- Nigerian healthcare is grappling with the challenging issue of counterfeit and substandard medicine, as emphasized in a recent report by the National Agency for Food and Drug Administration and Control (NAFDAC). The report estimates that around 15% of medicines sold in Nigeria fall into this…
- Access Bank South Africa and Jacaranda FM have jointly announced the return of Womenpreneur Her Perfect Pitch for its second year to promote female entrepreneurial growth and innovation. The competition targets women entrepreneurs who have been in business for at least one year, offering them an…
- Micro, Small, and Medium-sized firms (MSMEs) hold significant importance in the Nigerian economy, accounting for more than 60% of GDP growth and playing a crucial role in job creation. Nonetheless, many of these enterprises operate informally, which challenges their access to digital tools and…
- Ugandans are currently experiencing exceptionally high-speed internet access like never before. This development is made possible by MTN Uganda, a prominent African telecommunication company that recently launched the country’s inaugural 5G internet connection. MTN Uganda’s journey towards 5G began…
- According to Christopher Ball, co-founder of Finch Technologies, the open banking sector is projected to surpass a total market value of $123.7 billion by 2031. For South African banks to maintain a competitive advantage over their global counterparts, they must embrace open banking fully. This…
- Opay, a prominent fintech heavyweight focusing on emerging markets, is contemplating growth in the Egyptian market. This move comes after it reportedly sought a license to form a digital bank in North Africa. Mahmoud Khedr, the Head of Business Development and Strategic Partnerships at Opay,…
- BasiGo, a Kenyan startup specialising in electric mobility, recently unveiled its plans to venture into the Rwandan market as part of its growth strategy. This development comes on the heels of the formation of BasiGo Rwanda Ltd, a subsidiary dedicated to facilitating the transition of the public…
- In Kenya, Zuri Health has acquired further investment from Five35 Ventures. This additional funding will empower the expansion of its innovative healthcare platform, thereby assisting more individuals. Five35 Ventures, an initial-phase venture capital firm, focuses on backing entrepreneurs who…
- According to a recent study conducted by the B2B payment platform, Duplo, Nigeria, Kenya, and Ghana are all behind South Africa in terms of electronic bank transfer usage and the speed of processing invoices. However, Kenya stands out with its dominance in payment automation and mobile money…
- WhatsApp, the widely-used messaging service, has introduced a new feature allowing users to capture and distribute personal videos of up to 60 seconds directly within their conversations. The company believes this will enhance communication methods on its platform. The new feature will be…
- Recent advancements in artificial intelligence have facilitated integration across countless industries. Google is reportedly testing an AI system capable of automatically generating news articles by processing current event information. Dubbed “Genesis” internally, the tool was pitched to major…
- The Kenya National Library Service (KNLS) has officially unveiled the country’s inaugural virtual library, VTabu. The $1.7 million digital platform was launched at the Maktaba Kuu national library in Nairobi by Kenya’s Cabinet Secretary for Youth, Sports and Arts, Ababu Namwamba. VTabu grants…
- A new IBM study reveals that top executives across Africa are turning to groundbreaking technologies like artificial intelligence (AI) and cloud computing to accelerate advancement and give their organisations a competitive edge. But fully unlocking the promise of these tools requires establishing…
- Cryptocurrency platform Patricia Technologies Limited has announced a new partnership with cybersecurity leader Deimos Cloud Security. The collaboration aims to transform how Patricia protects customer assets and enhance security measures against escalating cyber threats. With the rise of data…
- Smile Identity, the African ID verification and KYC startup has rebranded as Smile ID alongside major product upgrades and a refreshed brand image. The rebranding aims to match Smile ID’s expanding vision for multifaceted KYC services in Africa. Since 2017, Smile ID has completed over 75 million ID…
