- Elon Musk’s xAI, a new AI startup, has introduced its first AI model, Grok, which is integrated with X, formerly Twitter. This chatbot has real-time access to X’s data, giving it an advantage over other models relying on older internet archives. “Grok is known for its love of sarcasm and humour,…
- Sam Bankman-Fried, once at the helm of one of the world’s largest cryptocurrency exchanges, has been found guilty of all seven criminal charges against him following a month-long trial in New York. The FTX founder, aged 31 and the offspring of two Stanford legal scholars with a degree from the…
- Egypt-based ed-tech startup OBM Education has raised a seven-figure sum from Saudi Arabia-based venture studio Value Maker Studio (VMS). Founded in 2020 by Omar El-Barbary and Ezz El-Din Farag, OBM helps higher education students with career guidance.It organises summits including the Build Your…
- Blockchain remittance app Minit Money has opened its first Southern Africa remittance corridor, enabling Zambians living in South Africa to easily and affordably send money home. Founded in 2019 ,Minit Money helps people send money across Africa in minutes. The easy-to-use Minit Money app…
- Egypt-based SaaS e-commerce startup Awfar has secured a six-figure sum from Saudi Arabia-based venture studio Value Maker Studio (VMS) to expand its presence in the country. With this partnership, Awfar.com and Value Maker Studio (VMS) affirm their commitment to fostering innovation, promoting…
- Carrefour, owned and operated by Majid Al Futtaim in Kenya, has launched EPIC Carrefour Friday, a month-long shopping celebration that is set to redefine the conventional Black Friday experience across all its stores in the Country. This exceptional event spans the entire month of November,…
- LinkedIn has introduced a cutting-edge AI chatbot, branding it as a “job seeker coach,” and also unveiled additional generative Artificial Intelligence (AI) tools for its Premium users. These releases coincide with LinkedIn’s announcement that it has surpassed the milestone of 1 billion members. In…
- British International Investment (BII), a leading UK development finance institution, is investing $26.5 million in AFEX, Africa’s top commodities platform. This partnership aims to enhance food security in Nigeria, Kenya, and Uganda by constructing 20 modern warehouses equipped with advanced…
- SBI Holdings, a major player in the Japanese venture capital scene, and Novastar Ventures, a leading venture capital investor in Africa, have joined forces in a significant strategic partnership. This collaboration involves a substantial investment of $40 million from SBI Holdings into Novastar’s…
- The UK government is investing $273 million in building Isambard-AI, one of the world’s most powerful supercomputers, equipped with thousands of NVIDIA Superchips and expected to begin operations in summer 2024 at the University of Bristol. Isambard-AI, constructed by Hewlett Packard Enterprise,…
- Airtel Kenya is rolling out additional 100 5G sites across the country before the end of the year, in a quest to enhance internet connectivity to Airtel customers across the country by offering them high speed, low latency, and seamless connection of several devices, as characterised by the…
- MultiChoice, the company behind the popular on-demand video streaming service Showmax, has announced that as of December 1, 2023, the service will no longer be available outside of Africa. This decision follows the recent announcement that Showmax Pro, their streaming platform, will be phased out…
- Norrsken22 has closed its first African technology growth fund at $205m, surpassing its target of $200m showing a strong investor interest in Africa’s young tech entrepreneurs. Dubbed the Norrsken22 Africa Tech Growth Fund, the fund aims to make 20 investments with an average ticket size of $10…
- Everdome, the Dubai based metaverse project has unveiled SPACES, its new Metaverse-as-a-Service product line, which aims to make the metaverse more accessible for all. The firm in September announced that GEM Digital Limited, a Bahamas-based digital asset investment firm had increased its…
- Kenya’s fintech platform M-Kopa Holdings has received $65 million from the International Finance Corporation (IFC) to expand its financial services to under-banked consumers in Africa in an effort to make capital assets more accessible to customers. IFC gave Kenya, Tanzania and the Democratic…
- This guide will assist you in restoring Windows 7 or Windows 8, should you be dissatisfied with Windows 10. More importantly, it will help you save all of your data, including applications, profiles, settings, documents, photos, music, movies, favorites, wallpaper, and more. Making a backup of…
- This post will explain how to transfer everything from a malfunctioning PC, including your programs, settings, documents, music, movies, favorites, and pictures, to a brand-new, functional replacement computer. Successful recovery does not require much technical knowledge because the technique…
- You’ve made your safari reservation and are prepared to pack your bags for your eagerly anticipated trip to Africa in a few days. Since Kenya is the safari capital, your initial destination will be Nairobi. Following these specific measures will help you be ready for any medical emergency that may…
- There are two main types for insurance claims. Certain insurance claims may necessitate a police investigation, whilst other claims may be straightforward and not require police intervention. Police are involved in insurance claims related to theft, fire, burglary, accidents, injuries, malicious…
- Liquid Intelligent Technologies (Liquid), a pan-African technology group, has appointed Oswald Jumira as the CEO of Liquid C2 business unit to drive Liquid C2’s growth, innovation and strategy in the cloud and cyber security business. Oswald was the CEO of Vaya Technologies (Vaya), one of the…
- Safaricom has expanded its 5G coverage to 35 counties with an aim to empower customers in 5G areas to enjoy superfast internet on the move, and for their homes and businesses. The service provider has also slashed the price of 5G Wi-Fi routers, with cash customers set to enjoy a 60% price…
- Little App, a Pan-African “everyday everything” app, has joined forces with Absa Bank Kenya PLC and Visa to unveil an innovative Near Field Communication (NFC) payment feature to streamline and expedite the payment process on Little App taxis. The feature will allow drivers to accept card-based…
- AFEX, Africa’s commodities platform has raised $26.5 million to address food security in Nigeria, Kenya and Uganda from the British International Investment (BII), the UK’s development finance institution (DFI) and impact investor. AFEX, which currently operates over 200 warehouses in Nigeria,…
- Hub71, Abu Dhabi’s global tech ecosystem, has welcomed 23 new startups as part of its latest cohort, having collectively raised over $53 million in funding. The successful startups will enter Hub71’s new Company Building Program and benefit from up to AED 250,000 worth of in-kind incentives and AED…
- Kenya’s first smartphone assembly plant has been opened at Athi River in Machakos to produce affordable gadgets for Kenyans. The opening was done by President William Ruto with a consortium led by Safaricom being the masterminds behind the plant. East Africa Device Assembly Kenya Limited (EADAK)…
- Nigerian solar-based internet service provider Tizeti has secured a long-term debt financing from Chapel Hill Denham’s Nigeria Infrastructure Debt Fund aimed to expand internet its access in Nigeria. Tizeti is a Wireless Internet service provider in Lagos, Nigeria, delivering high-speed…
- Almouneer, the digital transformation platform revolutionising healthcare for patients and doctors across the Middle East and Africa (MEA), has secured a US$3.6 million seed round f The seed round was led by Dubai-based Global Ventures, with participation from other renowned international…
- The following actions are necessary if you want to import a car from the United Kingdom: Find a supplier You must locate a trustworthy and legitimate exporter and supplier of automobiles. When looking for auto export services, it’s a good idea to go with one that is approved by and included in the…
- The goal of the NCBA logbook loan product is to provide speedy financing to people and businesses so they can use the money to cover unexpected expenses. If your vehicle is not subject to any financing, you can borrow money against it. Qualities: The minimum loan amount is 100,000 KShs. The age of…
- Spotify has partnered with COLORSxSTUDIOS to showcase the smooth melodies of Kenyan R&B, with six special A COLORS SHOW performances. Six Kenyan artists, for the first time ever, will take to the infamous COLORS’ monochromatic stage, performing never-before-released singles. As part of the…
- The Global Startup Awards Africa (GSA) Africa, in collaboration with the Global Innovation Initiative Group (GIIG), the Ethiopian Ministry of Labour and Skills (MOLS), the Ethiopian Ministry of Innovation and Technology (MInT) with the support of the Entrepreneurship Development Institute (EDI)…
- In a recent episode of the long-running animated series, “The Simpsons,” viewers were treated to yet another intriguing prediction about the future, sparking conversations and curiosity across social media. The show, known for its uncanny ability to foresee future events, hinted at a scenario…
- Meta-owned Facebook and Instagram are launching a subscription option for users in the European Union (EU), European Economic Area (EEA) and Switzerland in response to evolving regulations. Starting in November, users in these regions can choose between using the platforms for free with ads or…
- Power Financial Wellness has partnered with HealthX Africa, a fully equipped, and virtual medical facility that offers health care consultation, mental health counseling, and wellness services to HealthX users. The HealthX platform allows users to access unlimited healthcare consultation, mental…
- Airtel Africa plc has released its performance report for the first half of 2023, demonstrating robust growth and resilience across all its operational regions, despite facing foreign exchange challenges, especially in Nigeria. One of the standout achievements in the report is the impressive growth…
- X has seen a significant decline in its valuation since being acquired by Elon Musk last year, new reports state. The social media platform, which was purchased for a staggering $44 billion, is now valued at a mere $19 billion, marking a 55% decrease in its market worth. “This revelation came to…
- Xiaomi has announced Xiaomi HyperOS, powering its smart ecosystem of personal devices, cars, and home products and will be pre-installed on the newly launched Xiaomi 14 Series, Xiaomi Watch S3, Xiaomi TV S Pro 85″ MiniLED, and other devices in its domestic markets. Xiaomi HyperOS, in development…
- Bolt, the on-demand mobility company has secured the renewal of its operating licence by the National Transport and Safety Authority (NTSA), having fulfilled all the statutory licensing requirements as per the National Transport and Safety Authority (Transport Network Companies, Owners, Drivers and…
- Maisha Meds, a Kenyan-based digital pharmacy network which provides a business management software and reimbursement programs for pharmacies, drug shops and clinics, and patient support via its point-of-sale pharmacy app, has received US$5.25 million in scale-up stage 3 funding from the United…
- In today’s world, technology is not just an add-on, it is interwoven into the fabric of our daily lives, and in the midst of this digital revolution, Samsung’s smart fridges emerge as an embodiment of how technology can redefine even the most ordinary of tasks, like grabbing a snack from the fridge…
- Chinese enterprises held a one-day job fair in the Zambian capital, Lusaka, for potential job seekers from various universities. The event, organized by the Confucius Institute at the University of Zambia and supported by the Zambia Chinese Association, attracted around 80 companies and 1,000…
- The Biden administration wants to improve Kenya’s investment climate to become a model for other African countries . This is part of the US-Kenya Strategic Trade and Investment Partnership (STIP) which was launched on July 2022 before the end of former President Uhuru Kenyatta’s term in office…
- Online casinos have changed a lot lately, all thanks to this fancy thing called artificial intelligence (AI). This super-smart tech has totally changed sites like GGBet, making gambling actually fun. From safety to experience, it has been changing quite a few things around. Here is a brief overview…
- MoMo PSB, the MTN Mobile Money service in Nigeria recorded a 53.1% year-on-year increase in active wallet users to 3.6 million in Q3 2023 MTN . Referring to a Q3 financial statement released on Monday ,quarter on quarter, the growth indicates a 16% increase compared with the 3.1 million active…
- In a move to transform the global energy landscape, the energy solutions company Luminous Power Technologies, a 100% subsidiary of Schneider Electric has expanded to the South African market forging a partnership with the leading country distributor Hudaco Energy, a group company of Hudaco…
- COVA Africa, a Cameroonian startup that specialises in insurtech solutions for French-speaking Africa, has won the sixth edition of CATAPULT: Inclusion Africa – Togo Edition. The event Which was organised by the Luxembourg House of Financial Technology and supported by Luxembourg’s Development…
- Kenyans can now access affordable locally assembled smartphones following the launch of the state-of-the-art East Africa Device Assembly Kenya Limited, located in Athi River. The device assembly factory was set-up as a joint venture of local Mobile Network Operators and International device…
- Impact investor Goodwell Investments has led the completion of an extension round into South African insurtech Inclusivity Solutions, to support its expansion plans, including its ambition to operate in at least 12 African markets by the end of 2024. The company will also continue to invest in…
- South African transportation data company, WhereIsMyTransport, has declared the cessation of its operations due to unsuccessful efforts to secure additional funding. Devin De Fries, the founder of this eight-year-old mobility startup confirmed this decision through a LinkedIn post, citing the…
