Search Results for: startups
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News
Microsoft, NVIDIA Partner to Boost AI Innovation and Collaboration in Africa
Microsoft, through the company’s Africa Transformation Office (ATO), has announced a new initiative to boost AI development in Africa by…
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News
Orange Partners With OpenAI and Meta to Expand its Open-Source AI Models to African Languages
Orange has announced that it will partner with OpenAI and Meta to fine-tune AI Large Language models (LLMs) to understand…
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Startups
Burning Heroes Africa Product Manager’s contest 2024 applications open
Burning Heroes Founders Association has opened applications for the 2024 Burning Heroes Product Managers (PM) Contest Africa Edition. The competition…
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News
Bolt’s annual revenue hits 2 billion euros
Estonian ride-hailing and food delivery startup Bolt revealed on Thursday it had hit 2 billion euros ($2.11 billion) in annual…
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News
Finalists for the Fifth Edition of The Future Is Female Mentorship Program Announced
Twenty African female-founded tech startups have been selected for the fifth edition of The Future is Female Mentorship Program. The…
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BUSINESS
NCBA ‘No Monthly Fees’ Eliminates Monthly Account Charges for Businesses
The “No Monthly Fees” campaign by NCBA Bank Kenya is an important step in helping ease the financial strain on…
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Startups
3 Kenyan fintechs selected for Milken-Motsepe Prize in FinTech
Three Kenyan fintech startups have advanced to the Semifinalist Round of the Milken-Motsepe Prize in FinTech, each receiving $100,000 in…
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Startups
Many African fintechs still grappling with regulatory challenges, report
The African fintech industry has been actively involved in driving the digital transformation of the continent by presenting innovative solutions…
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News
[INTERVIEW] Lami’s Jihan Abass on Digital Revolution for Insurance Agents
The insurtech sector in Africa is rapidly evolving, driven by technological advancements and a pressing need for accessible insurance solutions. …
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BUSINESS
Partnerships Crucial for Africa’s Role in Global Digital Economy
African leaders are calling for more strategic partnerships with the private sector to enhance Africa’s role in the global digital…
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COLUMNS
![[Gerald Maithya] What we can learn from Africa’s small business success stories](https://techtrendske.co.ke/wp-content/uploads/2024/05/Gerald-Maithya-Image-1-390x220.jpg)
Gerald Maithya: AI entrepreneurs hold the key to an era of unprecedented opportunity for Africa
It’s exciting to see how AI is opening up new possibilities for African entrepreneurs. Over the past few years, we’ve…
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Startups
Tech Veterans-Founded XA Network Expands to Africa
XA Network, a leading investment network founded by tech alumni in Southeast Asia has expanded into Africa with the launch…
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News
Mobile Money Subscriptions in Kenya Rise to 38.7 Million
Mobile money subscriptions in Kenya have grown to 38.7 million, translating to a penetration rate of 75%. This is according…
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News
Alex Okosi: How AI is accelerating Africa’s pursuit of the Sustainable Development Goals
With Unstoppable Africa 2024, the Global Africa Business Initiative’s (GABI) flagship event holding this week, there is no better time…
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Startups
Why Now Is a Good Time to Invest in Venture Capital in Africa
The African venture capital ecosystem has encountered significant headwinds in recent times. According to research firm Africa: The Big Deal,…
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News
Unpacking The State of Fintech in Africa
The fintech sector in Africa has recorded rapid growth over the recent years to emerge as one of the most…
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News
Nigerian investment firm Risevest completes acquisition of Kenya’s Hisa
Nigerian fintech startup Risevest (Rise) has acquired Hisa, a Kenyan mobile investment platform that allows anyone in Kenya to invest in U.S.…
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News
NBA Africa Startup Accelerator Unveils 10 Finalists for Demo Day
NBA Africa has today announced 10 startups from 7 African countries have been selected to pitch their products to a…
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News
Estonian flagship startup event Latitude59 is coming back to Kenya
Latitude59, the largest startup and technology event in the Baltic States is coming back to Kenya. Latitude59 Kenya Edition 2024…
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News
Will Tech VC Funding in Africa Rebound on Interest Rate Cuts?
VC firms and startups can look to imminent interest rate cuts to revive dealmaking but cuts alone may not bring…
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News
Kenyans’ interest in AI surges by 150%, according to Google Search report
Kenyans’ interest in artificial intelligence (AI) has more than doubled soaring by 150 per cent compared to the same period…
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News
Prudential partners with Google Cloud to advance insurance with AI
Prudential plc (Prudential) and Google Cloud are betting big on AI to revolutionize insurance through a strategic partnership announced on…
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Startups
Applications for the fifth edition of The Future is Female Mentorship Program open
Allison+Partners has opened applications for the fifth edition of The Future is Female Mentorship Program. The initiative is the first…
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Startups
Vodacom Tanzania Digital Accelerator 2024 Winners Announced
Three Tanzanians have been chosen as the Vodacom Digital Accelerator Program winners for 2024. The winners are AltituteX, Frank Mussa,…
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News
Glass House PR, Fintech Association of South Africa to host the Africa Digital Finance Summit 2024
Glass House PR has partnered with the Fintech Association of South Africa (FINASA) to host the 3rd Africa Digital Finance…
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Startups
ICP Hub Kenya, Kotani Pay Partner for Olympus Accelerator Programme
ICP Hub Kenya has partnered with crypto payments startup Kotani Pay as part of the Olympus Accelerator Programme. This strategic…
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Startups
Microsoft launches Build with AI to ease use of AI for startup founders
Microsoft has announced new tools to help make building AI solutions easier. With Build with AI, held within the Microsoft…
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Startups
Orca Fraud raises $550k to fight fraud in emerging markets
Orca, a South African startup that works with banks and fintechs in emerging markets to fight various types of fraud,…
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Startups
Obuntu Invites Africa-Focused Fund Managers to Apply for its Launchpad Program
The Obuntu Foundation has opened applications for its Launchpad program targeting Africa-focused fund managers to advance their investment approach, optimize…
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Startups
Copia fails to raise funding, enters into administration
Copia Global, the Kenyan last-mile delivery and eCommerce platform has entered administration. The Company has hired Makenzi Muthusi and Julius…
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Startups
MPost rolls out electronic P.O. Box service in Rwanda
MPost, the Kenyan tech startup that transforms mobile numbers into virtual addresses has rolled out its e-P.O.Box system in Rwanda.…
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CYBER SECURITY
Kenya taps Google to strengthen its cybersecurity efforts
Google has announced plans to collaborate with Kenya’s Ministry of Information Communications and The Digital Economy to strengthen the country’s…
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News
Microsoft and G42 announce $1 billion comprehensive digital ecosystem initiative for Kenya
Tech giant Microsoft and G42 on Wednesday announced plans to invest an initial $1bn in Kenya’s digital ecosystem. The deal…
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News
[Gerald Maithya] What we can learn from Africa’s small business success stories
Africa is often hailed as the birthplace of some of the world’s most exciting tech startups. From Cape to Cairo,…
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News
South African Fintech Startup Rebrands From Moya Money to Bloo Money
Moya Money, the South African fintech startup founded in 2021 has rebranded to Bloo Money effective May 2024. The company…
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Startups
Applications for the Visa Everywhere Initiative 2024 Open
Visa has opened applications for its 2024 edition of the Visa Everywhere Initiative (VEI), a global open innovation program and…
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Startups
Winner of the MEST Africa 2023 Challenge Announced
MEST Africa, the Pan-African tech entrepreneurship training program, seed fund, and incubator, has announced Koa Academy as the grand prize…
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BUSINESS
London-based fintech Unlimit secures PSP licence to expand into Tanzania
Global fintech company Unlimit is launching its payments services in Tanzania, further expanding its presence in Africa. The firm announced…
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Startups
Founders Factory Africa LIVE podcast details the importance of choosing the right capital in 2024
Founders Factory Africa recently hosted a live version of The African Pre-seed Podcast. The episode focused on the good and bad…
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News
Solcon Capital and IFC partner to provide growth capital to deep tech companies in South Africa
IFC and Solcon Capital have announced an agreement to support deep tech startups in South Africa and India. This strategic…
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BUSINESS
Zoho announces partnership with J-Hub Africa to promote innovation among entrepreneurs
Zoho Corporation has partnered with J-Hub Africa, the digital innovation hub that supports budding innovators and entrepreneurs at Jomo Kenyatta University…
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Startups
Sankalp Africa Summit 2024: Empowering Africa’s Entrepreneurs to Drive Global Sustainable Solutions
The recently concluded 11th Edition Sankalp Africa Summit 2024 hosted at Kenya School of Monetary Studies in Nairobi, has once…
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Startups
Strategic policies needed to grow the startup ecosystem in Africa, Mozilla study
The last couple of years have been very interesting for the African startup ecosystem. 2023 specifically saw a rebalancing of…
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COLUMNS
[Mark Doumba] Kenya’s Innovation Boom: Thriving on Foreign Capital, But Can It Chart its Own Course?
As Foundry Fellows at the Legatum Center for Development and Entrepreneurship at MIT, we have the unique privilege to travel and dissect innovation and…
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News
Airtel Africa to build its second data centre in Kenya
Airtel Africa has announced plans to build a data centre in Nairobi, its second in the continent after Nigeria. The…
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Startups
Empowering Africa’s Economic Future: Fintech’s Role in Driving Financial Inclusion in Africa
In recent years, Africa has emerged as a hotbed for innovation and entrepreneurship, with its rapidly growing population and increasing…
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News
Kenya’s Technological and Entrepreneurial Landscape Altruist
Africa’s tech scene is experiencing a vibrant boom, and Kenya stands at the forefront, earning the moniker “Silicon Savanna.” Today,…
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News
Visa Africa Fintech Accelerator program hosts first demo day in Nairobi
Visa held its Africa Fintech Accelerator program first demo day on February 13th in Nairobi to showcase innovations from emerging…
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News
BAK unveils Kenya’s first ever Virtual Assets Service Provider Bill
The Blockchain Association of Kenya (BAK) has announced the country’s first-ever Virtual Assets Service Provider (VASP) draft Bill for Kenya’s…
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News
Oracle to open its second African public cloud region in Kenya
Tech giant Oracle has revealed plans to establish a public cloud region in Nairobi, Kenya as part of its wider…
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News
Venture Capital in Africa: A Broken System in Need of Repair
In recent years, Africa has been touted as the next frontier for investment, with its burgeoning tech scene and a…
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News
Africa tipped on four sectors that can benefit from AI
Artificial intelligence (AI) and Generative AI offer enormous opportunities for the African continent in areas such as healthcare, education, financial…
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News
Is Ethiopia Africa’s sleeping fintech giant?
The fintech sector has been one of Africa’s biggest technology success stories. According to one report, the continent’s 678 fintech startups…
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News
Airtel Africa ventures into data centre business, first facility to go live in Lagos
Airtel Africa has launched Nxtra, its data centre business that it says has been founded on a commitment to meet…
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News
President Ruto commits to sign Startup Bill into law by April 2024
In a move expected to boost the country’s startup ecosystem, Kenya’s President William Ruto has promised to sign the Startup…
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News
Fuse launches $10M grant program for web3 payments innovators
Fuse Network has unveiled a $10 million grant program to support businesses by providing essential funding and infrastructure for streamlined…
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News
Estonian flagship startup event Latitude59 to be hosted in Nairobi
Latitude59, Europe’s premier startup and tech event is coming to Nairobi. The event which has been running for 11 years…
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News
Futurize HealthTech Summit Ignites New Pathways for African Healthcare Innovation
The Futurize HealthTech Summit, a joint initiative by Futurize and AstraZeneca under the A.Catalyst Network, concluded this week, signaling a…
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News
Kenya’s MPost relocates its headquarters from Nairobi to Rwanda
MPost, the Kenyan tech startup that transforms mobile numbers into virtual addresses is relocating its headquarters from Nairobi to Rwanda…
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News
Lawyers Hub opens applications for the 2023 Startup Law Accelerator
Lawyers Hub has opened applications for its 2023 Startup Law Accelerator program. The Africa Startup Law Accelerator seeks to accelerate…
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News
Kenya setting the pace in EV adoption in Africa
Electric Vehicles (EV) are gaining momentum in Kenya thanks to the government’s National Electric Mobility Plan, which focuses on creating…
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News
Cloud provider Servercore launches in Kenya
Global provider of IT infrastructure and cloud services Servercore has announced its launch in the Kenyan market today. The company…
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News
MarketForce closes shop in three out of its five African markets, what’s next?
Kenyan B2B e-commerce startup MarketForce has wound up operations in three of its five markets in Africa. The startup is…
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News
Bootstrapping vs. Seeking Funding: Choosing the Right Path for Your Startup
Start your company without outside investment? Absolutely. In fact, many successful companies like Kilo Health have done just that. However,…
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News
Talent advisory firm Shortlist to power-up clean energy careers across Africa with new platform
Shortlist, a talent advisory firm has today announced the launch of the Africa Climate Careers Network (ACCN), a resource to…
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News
Generative AI: Amazon Bedrock and what it means for local businesses
Generative AI (GenAI) has become very popular over the last few years. While its advancements have captured widespread attention, many…
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News
TechCabal’s Inaugural Moonshot Conference brings Africa’s tech ecosystem to Lagos, Nigeria
African tech leaders and investors are set to gather in Lagos, Nigeria this October for TechCabal’s inaugural Moonshot Conference. They…
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News
IFC announces a $3.4 million investment in African e-commerce platform ANKA
IFC has announced a $3.4 million equity investment in leading African e-commerce platform ANKA. The funding will allow ANKA, an…
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News
Zambia’s fintech Lupiya raises $8.25m Series A round to grow its neo banking business
Zambian neobank, Lupiya has secured $8.25 million in Series A seed funding round to scale its business in its home market…
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News
AWS to host masterclass sessions at Africa Money and DeFi Summit in Ghana
Amazon Web Services (AWS) will host an engaging masterclass at the Africa Money and DeFi Summit set to be hosted…
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News
Why Launch of M-PESA Ethiopia is set to ignite a financial revolution in one of Africa’s biggest economy
A recent report by the GSMA dubbed State of the Industry Report on Mobile Money 2023 underscores how mobile money…
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News
Winners of the 2023 Digital Rights and Inclusion Learning Lab Fellows
Paradigm Initiative (PIN) has announced the three winners of its 2023 Digital Rights and Inclusion Learning Lab (DRILL) Fellowship. Mr.…
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News
South African Artificial Intelligence Industry Association Launches in Cape Town
The South African Artificial Intelligence Association (SAAIA), an industry body focused on promoting the advancement of responsible AI in South…
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News
MEST Africa Opens Applications for its Startup Pitch Competition
MEST Africa has opened applications for its 2023 Challenge Startup Pitch Competition for African startups. This year, the program is…
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News
Ololade Odunsi: Global tech job cuts – What African techies can do to thrive
After years of growth, the global technology sector entered a downturn in the second half of 2022, thanks to a…
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News
Eric Jackson takes over as new Hisa CEO
Kenyan fintech Hisa has announced the appointment of Eric Jackson as its new Chief Executive Officer (CEO). Jackson takes over from…
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News
G Media designs successful campaign for Ethio Telecom’s Tele Birr Super App Launch
Africa has long been a breeding ground for innovation and creativity. In recent years, an increasing number of innovative companies…
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News
[Interview] Adanian Labs’ Jackie Waweru on life and working as a legal in tech
Jackie Waweru is the Legal and Compliance Manager at Adanian Labs, a Pan-African Venture building studio. Jackie joined the firm…
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News
Africa-focused pre-seed investment program Madica announces new leadership appointments
Madica, an Africa-focused investment program dedicated to pre-seed stage startups in Africa, has announced two new leadership appointments. The Flourish…
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Startups
Zuri Health raises an undisclosed amount for funding from Five35 Ventures
Six months after raising an undisclosed amount of funding from Moroccan VC UM6P Ventures, Kenyan health-tech startup Zuri Health has…
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Startups
Visa opens applications for its Africa Fintech Accelerator Program
Payments tech company Visa has opened applications for startups to participate in the first cohort of the Visa Africa Fintech…
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News
Applications for cohort 4 of the ASIP accelerator program open
Startupbootcamp AfriTech has opened applications for Cohort 4 of its ASIP accelerator program. Targeting early-stage startups in Africa, the ASIP Program…
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News
Mobility financing startup Moove raises $8 million financing from Absa Bank
Moove, the mobility fintech startups has secured USD $8mn in financing from Absa Corporate and Investment Banking (CIB), bringing its total funding…
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News
Seedstars new program seeks to boost financial inclusion for women migrants
Seedstars, the global startup community and investment platform a new program to support fintech companies focused on promoting financial inclusion…
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Startups
CNN’s Connecting Africa explores Nairobi’s role as a technology hub
In the latest episode of Connecting Africa, CNN International’s Eleni Giokos visits Nairobi to see the role technology can play in boosting…
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News
MYDAWA raises $20m funding from Alta Semper Capital, acquires Uganda’s pharmacy chain Guardian Health
MYDAWA, the Kenyan health-tech startup famous for its e-pharmacy platform has received a US $20 million capital injection from private…
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News
Hillary Namunyu: How nongreen companies can apply ClimaTech solutions
This year has seen green-focused startups in Africa get more VC funding compared to other years as the world works towards reducing…
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News
Power Learn Project Alumni Startup, Payd, Wins Mozilla Africa Mradi Innovation Challenge Grant
Payd has been named among the winners of the prestigious Mozilla Africa Mradi Innovation Challenge, a competition sponsored by Mozilla…
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News
Kenyan mobility startup Stima secures 100k euro investment from develoPPP Ventures
Stima Mobility, the Kenyan startup providing green tech solutions for the moto-taxi sector (boda boda riders) has secured 100,000 euro in…
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News
Exploring the World of Tech Journalism: Everything You Need to Know
Are you curious about the role of a tech journalist? In this article, I will dive into the exciting world…
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News
Google Africa, C. Moore Media and Allison+Partners partner for the 4th edition of Female Mentorship Program
C. Moore Media and Allison+Partners have opened applications for the fourth edition of The Future is Female Mentorship Program. The…
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Interviews
[Interview] Youverify’s Dimitri Kanellopolus on the firm’s expansion to Kenya and the state of regtech in Africa
The last couple of years have seen a number of African countries start to adopt regulation technology – what has…
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Startups
Regional winners of the Global Startup Awards Africa announced
Seventy-one startups from across Africa have been named regional winners at this year’s Global Startup Awards (GSA) Africa – the largest, independent startup ecosystem competition…
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News
Players need to make connectivity available and affordable for SMEs, Liquid
Last week, the world marked World Telecommunication and Information Society Day, a day observed annually to mark the signing of…
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BUSINESS
AfriLabs Welcomes 19 New Members, Expanding to Two New Cities
AfriLabs, the largest network of technology and innovation hubs in Africa has announced the admission of 19 new members to…
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News
Egypt-based VC DisrupTech Raises $5 Million Investment From Proparco
Proparco, a subsidiary of the AFD Group focusing on private sector development, has announced an investment in an early-stage venture…
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News
PATRICK NDEGWA: Kenya’s startup ecosystem is set for growth in 2023 and beyond
Kenya is a hub for entrepreneurship and startup development in East Africa, with a growing ecosystem of innovative businesses and…
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Startups
Nigerian Startup Slashes Paperwork for Doctors Across Africa Using AI
As a medical doctor in Nigeria, Tobi Olatunji knows the stress of practicing in Africa’s busy hospitals. As a machine-learning…
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[Apply] The 4th Edition of OceanHub Africa Accelerator
Applications have opened for the fourth edition of the eight-month OceanHub Africa accelerator, which will support up to 12 of…
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New Appointments
Mest Africa picks Stanbic Bank Ghana’s Head of Engineering as its Portfolio Advisor
MEST Africa has announced the appointment of Eric Nsarkoh as a Portfolio Advisor, focused on technology product development. Eric joins…
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News
Microsoft’s Xbox Studios Game Camp coming to Africa
Microsoft, through its Africa Transformation Office (ATO), has confirmed that its Xbox Studios Game Camp will be hosted in Africa, …
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