Africa
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Startups
Tanzanian supply chain solutions startup Ramani has raised $32M in equity and debt
Tanzanian supply chain solutions provider Ramani has raised $32M in debt and equity in a Series A round that was…
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News
Pan-African solar company Solarise Africa raises $33.4M
Solarise Africa, a pan-African Energy-as-a-Service company that provides reliable and affordable energy solutions across Africa has raised $33.4M to expand…
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News
TECNO 2023 phones to feature great AI and photography capabilities
The demand for premium smartphones has increased consistently over the last couple of years, courtesy of technological breakthroughs in various…
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News
Modus Africa sets aside $75M to support African AI and blockchain startups
African AI and blockchain startups are set to benefit from Modus Africa fund, an African –focused venture capital firm under…
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News
How the fall of FTX impacted Nigeria’s Web3 startup Nestcoin
It’s now emerging that the collapse of American crypto platform FTX last week has had an impact on Nigeria’s Web3…
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News
IFC has launched a $225 million VC subsidiary to fund early-stage African startups
The International Finance Corporation (IFC) has launched a $225 million venture capital subsidiary to invest in early-stage startups across Africa,…
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News
Epson is killing Laser Printers in Favour of Inkjet Printing
Epson has announced that it’s ending sales of laser printers citing the technology’s limited ability to make meaningful sustainability advances. …
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News
Nigerian Fintech Kuda Wants To Make Remittance From UK To Africa Cheaper
As remittances to Africa increase, several firms are finding ways to make it easier, cheaper and more convenient to send…
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News
Egyptian B2B marketplace SPEED acquired by UAE-based firm X-ERA
UAE-based logistics services provider X-ERA has acquired Egypt’s B2B marketplace SPEED, as part of its international expansion strategy. SPEED connects suppliers…
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News
Kenya’s GrowAgric and Aquarech among startups selected for Katapult Africa Accelerator Programme
Kenyan GrowAgric and Aquarech are among nine startups from across the continent that have been selected for the Katapult Africa…
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News
Airtel Africa and OneWeb to provide satellite internet connectivity across Africa
OneWeb, a London-headquartered communications solutions company has partnered with Airtel Africa to provide satellite internet connectivity across the continent. The…
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Startups
Kenyan fintech Hisa among 9 African startups selected for the second batch of €7.5 million Startup Wise Guys fund
Kenyan fintech Hisa is among the nine African startups selected for the €7.5 million Startup Wise Guys fund. Selected…
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New Appointments
Judy Waruiru appointed as Managing Director for digital payments firm DPO Africa
African digital payments company DPO has announced the appointment of Judy Waruiru as Managing Director for Africa effective in January…
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News
Hackers stole $11 million from 12 African countries over a period of five years
Banks, financial services providers, and telecommunication companies from 12 African countries lost $11 million to hacking attacks between 2018 and…
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Blockchain
Crypto regulation in Africa: What Good Regulation Looks Like
Millions of investors have been drawn to cryptocurrency by the prospect of rising prices. To this end, a growing number…
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News
Algeria’s Yassir has raised $150 million in series B funding
Yassir, an Algerian supper platform that offers ride-hailing, food and grocery delivery as well as financial services on a single…
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News
Quona Capital to invest $332M in fintech startups from emerging markets focusing on financial inclusion
Emerging markets venture capital firm Quona Capital today announced the final close of $332 million for its Fund III, significantly exceeding…
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News
Fintech firm MFS Africa granted payments licenses to operate in Uganda
Financial services provider MFS Africa has been granted licenses to operate in Uganda as a PSP (Payment Service Provider), PSO…
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BUSINESS
Jeremy Hodara and Sacha Poignonnec step down as Jumia Co-CEOs
Jumia Technologies Co-CEOs Jeremy Hodara and Sacha Poignonnec have stepped down from the company effective today. Francis Dufay who has…
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News
Mara launches crypto wallet for sub-Saharan Africa
Mara Group, the pan-African technology firm building phones and applications for various use cases in the continent has launched Mara…
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News
Kenya to host 2023 Digital Rights and Inclusion Forum
Kenya will next year host the 10th Edition of the Digital Rights and Inclusion Forum (DRIF). The forum, whose theme is Building…
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News
Software firm Odoo has chosen Nairobi as its African headquarters
Odoo, a Belgium company that builds business solutions for eCommerce, accounting and inventory has been slowly making its presence felt…
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News
Safaricom now offering Boomplay customers dedicated music streaming bundles
Safaricom has announced a new partnership with music streaming platform Boomplay to avail the service to its customers via affordable daily,…
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News
There is rise in 5G uptake across Africa but 3G remains dominant, GSMA report
The Mobile Economy Sub-Saharan African report by GSMA has brought to the limelight interesting pointers on the state of mobile…
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News
Kenya, Nigeria and SA lead fintech growth in Africa, Mastercard report
A report by payment services company Mastercard has revealed that South Africa, Nigeria and Kenya are among the most vibrant…
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News
Amazon Web Services has set up its second-largest African office in Lagos, Nigeria
Amazon Web Services (AWS) has selected Lagos, Nigeria as the base for its second-largest office in Africa. The cloud service…
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News
Vodacom Tanzania has expanded M-Pesa to 8 SADC Countries
Tanzania’s leading telecommunications company Vodacom has announced the expansion of its International Money Transfer (IMT) services to eight new countries…
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News
Cisco Networking Academy has trained more than 1.07 million people in Sub-Saharan Africa to date
Cisco has trained and upskilled more than 1.07 million people in Sub-Saharan Africa through its Cisco Networking Academy since it…
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News
This platform aims to help African writers gain audience and build an online community
The appetite for high-quality writing is at an all-time high as the internet creates more opportunities where writers can get…
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News
Mastercard and Cellulant announce digital commerce payments partnership
Mastercard and Cellulant have partnered to allow Cellulant customers across Africa to shop and pay online with global merchants wherever…
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News
Binance Charity is offering 1000 scholarships for technology skills training to African youths
Binance Charity, the philanthropic arm of cryptocurrency and blockchain firm Binance is offering scholarships for 1,000 Africans in a 1-year…
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News
New Region for Oracle Interconnect for Microsoft Azure Opens in South Africa
Oracle has announced the opening of a new Oracle Interconnect for Microsoft Azure location in Johannesburg, South Africa. The new…
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News
4 Kenyan podcasts to benefit from Spotify’s new $100K Africa Podcast Fund initiative
4 Kenyan podcasts are among the 13 selected to benefit from Spotify’s new Africa Podcast Fund initiative. The $100,000 fund…
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News
Flutterwave Appoints Former JP Morgan Chase Executive as Senior Advisor
Nigerian money transfer company Flutterwave has appointed Marshall Lux as a senior advisor. Marshall is a former Chief Risk Officer…
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BUSINESS
Visa doubles down on wallets with Thunes in emerging markets
Visa is partnering with Thunes to help individuals and small businesses move money internationally to 78 digital wallet providers, reaching…
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Startups
President Buhari signs Nigeria Startup Bill into law
As technology-led innovations take centre stage in Africa, countries are putting in place policies to support innovation and accelerate the…
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News
Wasoko dismisses reports that it has shut down its operations in Kenya
Kenyan-based B2B e-commerce startup Wasoko has dismissed reports that it has shut down its operations in the country. On Monday,…
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News
[Interview] We’re driving Web3 adoption in Africa, Polygon’s Damilare says
Web3 is the latest iteration of the Internet that relies largely on blockchain technology, artificial intelligence, and machine learning (AI).…
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News
Only 55% of the African population has access to the Internet, report
A report by online privacy and protection firm Sufshark has revealed huge discrepancies between internet access and speeds in developing…
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News
Users in Africa hit by new malicious WhatsApp mod
A new malicious version of a popular WhatsApp messenger mod dubbed YoWhatsApp is doing rounds targeting users in the META…
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News
African Governments Urged to Establish Favorable Digital Laws and Policies
Governments across Africa have been urged to expand digital rights and inclusion on the continent by formulating favorable laws and…
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News
EzyAgric and Pezesha launch Buy Now Pay Later services for Ugandan agro-dealers
Kenyan fintech Pezesha has partnered with EzyAgric to launch a buy-now-pay-later (BNPL) scheme for agro-dealers all over Uganda. EzyAgric has…
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News
African tech startups have so far raised $2.7bn in funding this year, report
A report by pan-African tech publication Disrupt Africa has revealed that African tech startups raised $2.7bn in funding in the…
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News
Hisa among 7 Kenyan tech startups selected for MEST Africa Challenge 2022
Kenyan fintech Hisa Inc is among the 36 African startups selected for the 2022 MEST Africa Challenge. The mobile investment…
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News
MFS Africa selects ThetaRay to monitor transactions and screen for sanctions
Digital payments network MFS Africa has selected ThetaRay to protect its growing network of services against financial crimes. ThetaRay, a…
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CLOUD
EIJI OTA: Cloud services can bring the benefits of automation to every print business
It’s frustrating for small business owners to hear about great solutions that boost productivity, streamline processes and remove unseen costs,…
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News
Liquid Dataport taps into Google’s Equiano sea cable to provide faster and affordable internet for consumers in SA
Liquid Dataport has acquired a pair of fibre cables on Equiano, the new West coast submarine cable as it seeks…
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News
American Tower and Airtel Africa announce new communications sites partnership
Airtel Africa has announced that it will use African operations (ATC Africa) communications sites to support its network rollout across…
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News
Logistics startup Sendy cuts down on its Supply Service
Kenyan logistics startup Sendy has restructured its operations, effectively winding down its Supply service. The startup says it will now…
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News
Google to build its first African Cloud region in South Africa for $1 billion
Google has announced plans to build its first cloud infrastructure in South Africa for an estimated $1 billion. The tech…
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Startups
HAVAÍC completes its third investment in Kenyan FinTech Tanda
Cape Town-headquartered venture capital (VC) firm HAVAÍC has completed its third investment in Kenyan FinTech Tanda. The investment from the…
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News
Ugandan Digital Lender Numida Has Raised $12.3 Million in Pre-Series A Round
Ugandan fintech startup Numida has been in operation since 2017. The company has found its footing, offering customers loans ranging…
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News
Vodacom Rolls Out 5G Network in Tanzania
As the race to 5G network gains momentum, operators around Africa are laying down the infrastructure so that their users…
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News
Biometrics tech firm iiDENTIFii raises $15 million growth capital
Biometrics tech firm iiDENTIFii has raised US$15 million growth capital, the largest African Series A in the identity verification space…
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News
Microsoft to support continuous transformation of Africa’s Financial Services Industry
Transforming the Financial Services landscape in Africa will be a critical driver of economic prosperity across the continent, a banking…
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News
Northern African Countries Have the Cheapest Data in the Continent, Report
A report analyzing mobile data costs across 233 countries has revealed that Israel has the cheapest data costs in the…
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Startups
Nigeria’s restaurant management startup Vendease has raised $30 million to scale its food supply business
Nigerian startup Vendease which makes it easy for restaurants to access food supplies has raised $30 million in Series-A funding.…
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News
Fallohide Africa: Re-writing Kenya’s Story through Virtual Reality
Kenya is putting its foot forward in the age of Immersive technologies, including AR (Augmented Reality) and VR (Virtual Reality).…
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News
How African Digital Heritage is using digital mapping to preserve Mau Mau history
Part of the indelible part of Kenya’s struggle for independence is the undignified and humiliating detention camps from which the…
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News
Kenya’s Zuri Health and Damu Sasa to benefit from $7M fund from Bill Gates Foundation
Thirty companies from 14 African countries will benefit from a $7 million fund fronted by pan-African support organization Investing in…
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News
Mara Launches Free Online Course to Advance Blockchain and Financial Literacy in Africa
Pan-African phone manufacturer Mara Group has launched a free educational online course with the aim to boost blockchain adoption and…
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News
Microsoft, AfDB partner to drive youth entrepreneurship in Africa
Microsoft is expanding its partnership with the African Development Bank (AfDB ) to support Africa’s youth entrepreneurs under the bank’s…
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News
Kenya is Hosting Polygon’s First Web 3.0 Bootcamp in Africa, here’s how to sign up
Polygon has opened applications for the Polygon bootcamp, an eight-week intensive mentorship program and hackathon in Africa. The Polygon Bootcamp…
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News
Mozilla has added West Africa’s Twi language to its Common Voice Project
Most people in Ghana speak Twi as either the first or second language although English is the official language for…
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News
Flutterwave adds Google Pay as a payment option for African businesses
Nigerian fintech Flutterwave is adding Google Pay, a mobile payment service, developed by Google, as a payment method. As part…
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News
Canon launches a virtual academy video platform for filmmakers in Africa
Canon Central and North Africa on Thursday announced the launch of a virtual film school to provide filmmakers with a…
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News
Binance has launched a crypto education tour across five African countries
Cryptocurrency firm Binance has launched a crypto education tour across five French-speaking African countries. The tour aims to drive blockchain…
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News
Kenyan Tech Firm Brings Cloud-Based Services Closer Home to Marginalized Communities
According to the International Labour Organization, in 2021 unemployment rate in Kenya increased to 6.6 per cent. A significant percentage…
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Startups
Nigeria’s health-tech startup Remedial Health raises $4.4 million in seed funding
Remedial Health, a Nigerian healthtech startup has raised $4.4 million in seed funding to accelerate its expansion across the country.…
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News
Unicorn Growth Capital, EchoVC join Celo Foundation to support Web3 projects across Africa
Unicorn Growth Capital, an Africa-focused venture fund investing at the intersection of traditional finance (TradFi) and decentralized finance (DeFi), and EchoVC,…
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News
TechPR Nigeria appoints Felicia Ochelle as new CEO, announces pan-African expansion
TechPR Nigeria, a Public Relations and Communications firm, has announced the appointment of Felicia Omari Ochelle as the new Chief Executive Officer…
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News
Mdundo says it has made KES 100M in payments to African artists in the last 10 years
Kenyan music steaming platform Mdundo made payouts of KES 100M to African rights holders in the last 10 years. The company…
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Startups
Brazilian fintech unicorn EBANX sets shop in Africa
Brazilian fintech unicorn EBANX is set to launch its operations in Africa as it seeks to expand its business outside…
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News
Jaime Pinto appointed Software Group’s Chief Commercial Officer for Africa
Software Group has announced the appointment of Jaime Pinto as the Chief Commercial Officer for the Africa region. Jaime brings…
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CLOUD
Liquid Cloud brings Amazon Web Service Direct Connect to business customers across Africa
Liquid Cloud has announced that it has been approved by Amazon Web Service (AWS) as a Direct Connect Delivery Partner.…
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News
Burna Boy’s Last Last was the most streamed song on Spotify in Kenya over the last three months
Spotify on Monday revealed the most streamed songs on the platform over the last three months. Topping the list is…
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Blockchain
300 African Women Graduate from Binance’s First Blockchain Bootcamp
300 women from across Africa have graduated from Binance’s First Blockchain Bootcamp which kicked off in March 2022. The women…
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News
Nigerian fintech Kippa has raised $8.4 million seed round
Nigerian fintech startup Kippa has raised $8.4 million in an oversubscribed seed round. This round of funding was led by…
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News
Hack The Mara hackathon finalists announced
In June this year, Pan-African technology company the Mara Group invited applicants to the “Hack the Mara” hackathon, a competition…
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News
African startups raised $5 billion last year, just a tip of the global average
Across the African continent, 2021 was a good year for startups as funding hit a record high at about $5…
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News
Jeremy Awori Joins Pan-African lender Ecobank as new CEO
After nearly a decade at the helm of Absa Bank, CEO and Managing Director Jeremy Awori will be leaving the…
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News
Bboxx and Sunlight partner to connect over 1 million people in Kenya to clean energy
Despite significant efforts to date, nearly 40% of the rural population in Kenya don’t have access to electricity, demonstrating the…
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News
Kenya’s HotelOnline has acquired hospitality software provider HotelPlus
Kenyan-based technology travel company HotelOnline has acquired HotelPlus, a software provider specializing in the hospitality industry whose customers are spread…
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Interviews
[Interview] We’re consolidating African retailers’ business needs in one easy-to-use platform, MarketForce CEO
As the e-commerce marketplace expands, new players are stepping in to make it easy for merchants to source products and…
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News
Uber wants the Supreme Court of Kenya to nullify the newly-published ride-hailing regulations
Uber has appealed to the Supreme Court of Kenya to nullify the proposed digital taxi hailing regulations that were published…
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Startups
Nigerian fintech startup NowNow raises $13 million for expansion across Africa
Nigerian fintech startup NowNow Digital Systems has raised $13M seed round for expansion across Africa. The company was founded in…
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Startups
Digital banking app for African immigrants Waya officially launched
Waya, a digital banking app that seeks to make it easier for African immigrants to send money back home is…
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News
Uber expands to new cities, unveils new features for Sub-Saharan Africa
Ride-hailing app, Uber continues to affirm its place as Africa’s leading cab-hailing company through innovative and revolutionary features for the…
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News
Chinese Phone Brands Dominate the African Smartphone Market, Report
A report by the International Data Corporation (IDC) shows that Chinese smartphone manufacturer Transsion is the leading seller in the…
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News
Cab-hailing apps are coming to Senegal for the first time
In some African cities such as Nairobi, Kampala, Lagos, Cairo and Accra, Ghana, cab-hailing is a lifestyle that people have…
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News
12 Kenyan Startups Selected for the 2022 Google Black Founders Fund
Tech giant Google has announced 60 qualifiers for the Google for Startups Black Founders Fund (BFF) for African startups. The…
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News
Jumia plans to start using drones for deliveries across Africa
Africa’s leading e-commerce platform Jumia has joined forces with Zipline, a company that has built a name for itself in…
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News
Power Learn Project aims to train 1 million developers in Africa by 2027
Various observers have pointed to the imminent shortage of qualified ICT practitioners as the uptake of technology across the world…
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CYBER SECURITY
Cybersecurity is foundational for an economic recovery that works for all, says Dell
With citizens, governments, and businesses more dependent than ever on digital connectivity, one of the most pressing sectoral issues for…
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News
Kunle Awosika takes up new role at Microsoft’s Africa Transformation Office
Microsoft has appointed Kunle Awosika to the position of Managing Director for the Africa Transformation Office (ATO). Kunle takes over…
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Startups
Nigeria’s BoomKit Has Built a Platform to Manage African Artists
African artists face the challenge of a fragmented market that is sometimes seen as the biggest impediment to success. Without…
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News
Ethiopia is Leading African Nations in Regulating Crypto
Most governments across Africa have sounded a warning against cryptocurrencies, even though the wave of digital currencies seems unstoppable. Only…
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News
Kenyan Court Freezes Another Sh400.6 Million Belonging to Flutterwave
Nigerian fintech Flutterwave is once again in the Kenyan courts for the wrong reasons. Early Tuesday, the High Court of…
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