Africa
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News
Mobile money driving financial inclusion in Africa
Mobile Money in Africa: According to a report by the Mastercard Foundation, Africans have some of the lowest levels of…
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News
Calls for inclusive participation, solution-driven innovations as Unstoppable Africa” concludes
Leaders and stakeholders from across Africa are now calling on inclusive participation and solution-driven innovations as they commit to tackling…
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News
Epson Sets Up New Regional Company to Handle Growth
Global technology company, Epson, has announced the set up of a new sales company to serve the Middle East, Turkey,…
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Interviews
[Interview] Watu Africa’s Erick Massawe Explores E-Mobility Financing Trust Shifts
Asset financing for e-mobility is steadily gaining momentum in Kenya and across Africa, driven by increasing demand for Electric Vehicles…
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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
Google’s Open Buildings 2.5D Temporal Dataset Supports Urbanization, Aids Governments and NGOs in Disaster Response
Google’s Open Buildings 2.5D Temporal Dataset is today enabling African Governments and NGOs to track how buildings have changed over…
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Blockchain
Tether invests $1.5 million in Sorted Wallet to enhance financial inclusion
Blockchain-enabled platform, Tether, has announced a strategic investment of $1.5 million (Sh. 193.4 million) in Sorted Wallet, a platform designed…
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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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BUSINESS
All systems go for Unstoppable Africa 2024 flagship event
The Global Africa Business Initiative (GABI) has announced its lineup and programme for its annual two-day event on the margins…
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News
Corridor Africa drives sustainable data centre growth
The demand for data storage and processing capabilities has soared, putting immense pressure on existing infrastructure. This is largely due…
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COLUMNS
Antony Muchiri: The growing Super Apps landscape in Africa
In recent years, the digital space in Africa has undergone a significant transformation, powered by increasing internet penetration, widespread smartphone…
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COLUMNS
Arnaud Bouraima: Africa’s Trade Transformation – The Power of Technology for Sustainability
In the face of mounting global environmental challenges such as climate change, biodiversity loss, and pollution, and increasing focus on…
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Blockchain
Mansa, Bitmama partner to enhance cross-border payments through virtual crypto cards
Decentralised finance (DeFi) platform specialising in cross-border payments and trade financing, MANSA, has partnered with blockchain payment platform Bitmama to…
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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
Open Startup launches second cohort of Grow Program for African startups
Open Startup (OST) has opened applications for a new cohort of its renowned Investment Readiness Program, GROW, designed to empower advanced…
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Startups
List of startups joining cohort 8 of Google for Startups Accelerator Africa
Google has announced the 8th cohort of its Google for Startups Accelerator Africa program. This year’s cohort features ten innovative…
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BUSINESS
TerraPay secures $95 million debt to financing to boost African remittances
African digital payments platform TerraPay has successfully closed a $95 million debt financing round. The financing was led by a…
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News
African countries among the most targeted by malware, report
Seven African countries have been ranked in the Top 20 most attacked by malware. This is according to the Global…
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News
GSMA, ITU and World Bank partner to boost handset affordability
The GSMA, World Bank, and other global institutions have announced a new coalition to improve handset affordability for lower-income populations.…
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News
Kenya to benefit from initial $16.2m ITU broadband mapping project
Kenya is among the 11 African countries set to benefit from an initial $16.2 million budget for Africa’s National Broadband…
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Startups
Innovate Africa Launches with $2.5M Angel Fund for Early-Stage Startups
Innovate Africa, an angel investment fund that supports early-stage startups has launched with an initial $2.5 million rollout. Co-founded by…
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News
Huawei to train additional 150,000 people in Sub-Saharan Africa by 2027
Huawei has announced plans to train an additional 150,000 talents in Sub-Saharan Africa over the next three years. The plan…
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News
[Interview] Webb Fontaine’s Pascal Minvielle on the company’s new products and plan for Africa
Webb Fontaine has significantly expanded its presence in Africa in recent years. The company is a leading provider of solutions…
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COLUMNS
Tracey van Heerden: Innovative Solutions Needed For Africa’s Enduring SIM Card Problem
Telco operators throughout Africa continue to face several challenges around SIM card registration in the wake of new regulations and…
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BUSINESS
Investment bank predicts Africa’s remittance market will reach $500bn by 2025
Remittances comprise a significant portion of African Gross Domestic Product (GDP), with the total value of remittances across the continent…
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CLOUD
Cloud operator OVHcloud opens its first Local Zone in Morocco
OVHcloud, the European leader in cloud computing is opening its first Local Zone on the African continent in Morocco. OVHcloud…
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BUSINESS
How Africa’s largest payments network is integrating social mission with its business aspirations
Being deliberate about creating a “greater purpose” is essential to building an authentic corporate culture, engaging stakeholders, and navigating the…
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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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Startups
Google Opens Applications for Startups AI Accelerator Africa
Google has opened applications for the 8th cohort of its Google for Startups Accelerator Africa program. Google said in a…
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News
African telco leaders gather in Diani for NOVACOM Africa Summit
Telco leaders from across Africa are this week gathering in Diani, Kwale County for NOVACOM Africa Summit. The summit is…
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News
Connected Africa Summit 2024: African ICT Ministers Issue Clarion Call for Unified Action to Bridge Digital Divide
African ICT Ministers convening at the ongoing Connected Africa Summit 2024, have called for a unified action to bridge the digital divide…
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COLUMNS
Jacki O’Neill: Navigating the AI revolution to advance Africa’s labour landscape.
The rapid advancement of artificial intelligence (AI) has sparked widespread debate about its potential impact, particularly on jobs, in recent…
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News
Rethinking Card Issuing in an Age of Fintech Disruption
Traditional banks face challenges in modernising card issuing to keep up with new competitors. Fintech disruptors and evolving consumer preferences…
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News
Unlocking the Potential of Africa’s Electric Vehicle Industry
BasiGo, at the forefront of the electric mobility revolution in Africa, is poised to transform public transport across East Africa…
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News
Africa tipped on strategies to accelerate AI adoption across the continent
With the growing appreciation of Artificial Intelligence (AI) across the world, African governments, policymakers and industry stakeholders have been urged…
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News
Top Achievements That Influenced Online Entertainment in Africa
Africa boasts immense resources needed to promote structural economics. This continent, which remains underdeveloped, is viewed as a land of…
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Startups
Nigerian debt recovery startup BFREE secures $2.95m funding
BFREE, a Nigerian tech-enabled debt collection startup has secured $2.95 million in fresh funding, to redefine debt collection in Africa.…
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News
Digital commerce in Africa to expand 25% per year by 2026
Africa has emerged as a frontier for the new online consumer class, representing an estimated 10 million new consumers in…
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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
VC firm Flourish Ventures launches African Founder Well-Being Survey
Flourish Ventures, an early-stage global fintech venture capital firm has announced the launch of a first-of-its-kind research effort named The African…
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News
Payments firm MDP names Frank Molla as Managing Director for Africa Operations
Issuing and payment processing firm in the Middle East and Africa MDP, has appointed Frank Molla as Managing Director for…
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News
Unlocking the Potential of Startups in Africa: Breaking Down Barriers for Lending to Micro and Small Businesses in Africa
In the dynamic landscape of Africa’s economic growth, small businesses and startups stand as the backbone of innovation and employment…
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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
Remote Patient Monitoring: Drawbacks and Its Importance in Africa
1. Introduction Did you know that Remote Patient Monitoring (RPM) has been around for almost 150 years? In 1948, the concept…
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News
Parcel shipping platform TUNL raises $1 million to accelerate growth of e-commerce exports from Africa
TUNL, a South African parcel shipping platform has secured $1 million in pre-seed funding from Founders Factory Africa, Digital Africa…
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BUSINESS
IATF2023 exceeds targets with recorded deals worth up to $43.8 billion
African Export-Import Bank (Afreximbank) announces that the third Intra-African Trade Fair (IATF2023) held in Cairo from 9 to 15 November…
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News
Some Reflections on the Health Tech Landscape in Africa and Why It Matters
During the 1990s, Africa faced considerable economic challenges that had a detrimental impact on the health status of its population. Unlike…
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CYBER SECURITY
Africa remains one of the regions most targeted by cybercrime in 2023
As organisations continue to become more digitised, throughout 2023 Africa remains one of the world regions most targeted by cybercrime.…
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Featured
Online Casino Games Dominating the African Landscape
Africans have always been genuinely passionate about gambling, and thanks to the emergence of online wagering sites, they can now…
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News
Huawei, partners push for $100 billion internet connectivity investment across Africa
Additional investment of more than Ksh 10 trillion, (USD 100 billion) in internet infrastructure, policies and ecosystems is necessary to…
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News
Continued growth of Africa’s FinTechs can unlock greater economic prosperity
Africa is one of the fastest growing FinTech markets with revenue forecasted to grow 13 fold to $65-billion by 2030.…
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News
Fintech firm Cellulant Granted Payment Licenses to Operate in Egypt
Cellulant has today announced that it has received approval from Egypt to operate as a Payment Service Provider and Payment…
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Startups
Norrsken22’s tech growth fund closes at $205m to back African tech startups
Pan-African venture capital firm Norrsken22 has closed its first African technology growth fund at $205m, surpassing its target of $200m. …
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News
VICTOR BASTA: The most valuable ‘white spaces’ today in African investing
In the vast and diverse landscape of African growth investing, more opportunities abound today than ever before. Africa’s recent growth…
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News
Telcos must embrace digital transformation to drive customer retention
MAZIV, one of South Africa’s largest telecommunications group, is aggressively investing in digital transformation to drive superior customer experience and…
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News
Africa’s total exports to hit close to USD1 trillion by 2035, Standard Chartered report reveals
Africa’s total exports will reach USD 952 billion by 2035. This is according to a new report released by Standard…
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News
$1 million Africa Blue Wave initiative to support tech startups in Africa launched
BFA Global, FSD Africa, and the International Union for Conservation of Nature (IUCN) have launched the Africa Blue Wave, a…
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News
Microsoft and M-PESA Africa partner to develop digital skills for MSMEs
Microsoft is partnering with M-PESA Africa to support its Capability Development Academy. Microsoft will provide access to the Microsoft Community…
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News
[Interview] WIOCC GROUP’s Ryan Sher on accelerating digital transformation in Africa
In this interview, Ryan Sher, Group Chief Operations Officer, West Indian Ocean Cable (WIOCC GROUP) talks to me about how…
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News
Then & Now- 5 ways Google is improving Search in Africa
There’s a lot that goes into building a search engine. While it seems simple enough — you type a question,…
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News
QED Investors lead $12 million investment in Nigeria’s healthtech startup Remedial Health
Across Africa, 85 percent of retail medicine purchases happen at micro-enterprises, typically neighbourhood pharmacies and) and Proprietary Patent Medicine Vendors…
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News
Nigeria trails South Africa and Kenya in Africa’s B2B payment revolution
Nigeria trails South Africa and Kenya in the development of key B2B payment processes across Africa, including the adoption of…
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News
Smile ID H1 2023 Africa KYC Report Highlights Identity Fraud Trends and Verification Insights
Smile ID (formerly Smile Identity), the leading identity verification and digital Know Your Customer (KYC) provider in Africa, has unveiled…
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News
Flutterwave addresses Payment Challenges for African Students in Overseas Schools with new payments product
African payments to overseas schools have been hindered by a myriad of challenges. From the high cost of transactions, limited…
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News
Laser Light and WIOCC seek to bring increased Network Capacity to Africa with new $129M partnership
Laser Light Companies and Kenya-headquartered WIOCC have signed a five-year $129 million agreement for terrestrial and subsea cables expansion across Africa. …
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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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News
5 African countries pledged to uphold free internet in 2021 UN resolution, yet imposed 16 restrictions since
Five African countries Sudan, Burkina Faso, Mauritania, Somalia, and Nigeria imposed restrictions despite supporting the free internet 2021 UN resolution.…
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BUSINESS
Accelerate infrastructure development to promote intra-continental trade, says PMI
The annual commemoration of Africa Day marks the Organisation of African Unity (OAU) founding in 1963. Now called the African…
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News
New collaborative platform for African researchers launched
Research PLUS Africa has unveiled a collaborative platform aimed at empowering African researchers and revolutionizing the research landscape on the…
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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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Apps
Africa had more than 270 million mobile apps users as of December 2022
As of December 2022, the total number of monthly active users of mobile apps in Africa exceeded 270 million, a…
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Startups
10 startups selected for the inaugural Qualcomm Make in Africa Mentorship program
Qualcomm has announced the 10 startups selected to participate in the inaugural Make in Africa startup mentorship program. The program…
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News
Ecobank Kenya takes on NCBA LOOP with new Fingo Africa app
According to a report by Mastercard and International Finance Corporation (IFC), released back in 2018, young Africans are less likely…
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News
Third cohort of African women leaders set to join flagship Amujae Initiative
The Ellen Johnson Sirleaf Presidential Center for Women and Development (EJS Center) has announced the third cohort of African women…
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News
Smile Identity acquires Inclusive Innovations in its Africa expansion drive
Pan-African cyber security company Smile Identity has announced the acquisition of Inclusive Innovations, the parent comp of Appruve, a company…
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News
Nigerian online training provider Blurpe launches talent linking tool
Nigerian online training company Blurpe has launched a new product dubbed Talent Pool, aimed at linking marketing specialists in Africa…
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News
dLocal launches new payment platform to boost African e-commerce transactions
dLocal has announced the launch of a new all-in-one payment solution to manage global platform payments in one place. Known…
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News
Vertiv appoints Wojtek Piorko new managing director for Africa
Vertiv on Thursday announced the appointment of Wojtek Piorko as its new managing director for Africa effective immediately. Before his…
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BUSINESS
Mobile money taxation could hamper financial inclusion gains in Africa, report
In an increasingly digital economy, accelerated by the Covid-19 pandemic, there has been greater collaboration between the private sector and…
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News
AWS opens applications for its inaugural FinTech Africa Accelerator : How to apply
Amazon Web Services’ Startup Loft Accelerator has announced the inaugural launch of its AWS FinTech Africa Accelerator. The program is…
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News
Factor[e] Ventures launches new venture studio for African startups
Factor[e] Ventures has launched a new venture studio targeting tech startups in Africa. Known as Delta40, the studio aims to…
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News
Google opens applications for 3rd cohort of Black Founders Fund 2023 for Africa
Google has opened applications for this year’s Black Founders Fund for Startups in Africa and Europe. Startups from Africa applying…
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News
Paradigm Initiative calls for digital gender equality for women in Africa
African Governments have been urged to initiate reforms to bridge the digital gender divide currently being experienced on the continent.…
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BUSINESS
Western Union, MFS Africa partner to enable money transfers mobile wallets across Africa
MFS Africa has partnered with Western Union to enable individuals and businesses across the continent to receive money from over…
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BUSINESS
10th Edition of the Sankalp Africa Summit is coming to Nairobi
Over 1,500 delegates will be convening in Nairobi for the 10th edition of the Sankalp Africa Summit. The two-day summit…
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News
India’s Food supply chain startup WayCool Foods is expanding its tech arm CENSA to Africa
WayCool Foods, India’s leading food and agri-tech platform is expanding its tech arm CENSA into the African market. The strategic…
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News
Liquid Intelligent Technologies partners with Nokia to improve fibre network across Africa
Pan-African tech firm Liquid Intelligent Technologies has announced a new partnership with telecommunications company Nokia, teaming up to build a…
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News
Women founders in Africa invited to apply for Google’s new accelerator program
Google on Tuesday announced a women accelerator program aimed at providing resources and opportunities for women founders in Africa. The…
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News
Flutterwave to spotlight small businesses in Africa through reality TV show Big Brother Titans
Nigeria’s popular payments platform Flutterwave has announced its collaboration with Multichoice Africa to bring back the popular reality TV show…
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News
South African fintech Jumo appoints former ICT CS Joe Mucheru as president
JUMO, a South African fintech has appointed former ICT Cabinet secretary Joe Mucheru as the president. In his new role,…
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Startups
Kenya’s Zuri Health raises an undisclosed amount of funding from Moroccan VC UM6P Ventures
Zuri Health has raised an undisclosed amount of funding from Moroccan VC UM6P Ventures. The funds will be used to…
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News
5 African countries censored the internet 13 times in 2022, report
A new report by Surfshark in partnership with internet watchdog NetBlocks has revealed that nearly a third of a billion…
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News
South Africa introduces new standards for crypto ads
South Africa’s Advertising Regulatory Board (ARB) has introduced a new clause to the country’s Code of Advertising Practice detailing how…
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Startups
11 Startups Selected to Join Cohort 3 of ASIP Accelerator Program
Eleven African startups have been selected to join the third cohort of the Africa Startup Initiative Program (ASIP). The accelerator…
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News
South Africa’s digital enabler Flow has raised $4.5 million to facilitate strategy growth
Flow, a South African company that helps businesses to gain online presence and leverage on digitization has raised $4.5 million…
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CLOUD
Africa Data Centres breaks ground for new Sh2bn Sameer facility in Nairobi
Africa Data Centres has officially broken ground on an additional data centre facility in Nairobi. The new build will see…
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News
South Africa’s gaming firm Carry1st raises $27M
The gaming market in Africa continues to grow as more creators, gamers and other stakeholders make significant investments in the…
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