Africa
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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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News
New social-media platform African Stream seeks to change how African Stories are told
African Stream, a newly created social-media platform with its headquarters in Nairobi, Kenya brands itself as a tool that seeks…
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News
Two Kenyan firms among 10 African startups selected for $2m Catalyst Fund
Pre-seed venture capital (VC) fund and accelerator Catalyst Fund has announced a US$2 million investment into 10 startups building solutions…
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News
These African Countries are leading in Loan Apps Downloads
After analyzing 140 million installs, across 3,000 finance apps, Google in collaboration with analytics firm AppsFlyer found that installation of…
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News
Payments firm enza group launches to serve African banks and fintechs
enza Group: Africa has a very vibrant fintech and payments ecosystem. This space is expected to grow exponentially over the coming…
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News
Sub-Saharan Africa Lost $261 Million Last Year Due to Internet Shutdowns
As internet penetration across the world increases, internet shutdowns that hit various countries last year had a devastating effect on…
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Social Media
Facebook’s content moderation partner Sama quits amid court battle
Sama, Facebook’s content moderation partner in Africa has announced that it’s exiting content review services to focus on data annotation,…
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News
Mikhail Marchenko: Major fintech trends that will affect online businesses in 2023
Digitalization and technological achievements, which have been observed in the African region for the past decade, have sped up the…
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Startups
Women-led startups in Africa raised $203.2M in 2022
There has been a significant focus on funding for African-led startups across the globe. Across the continent, several venture capital…
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News
Fintech is the most vibrant sector in the Kenyan startup landscape, report
A report released by pan-African publication and research firm Disrupt Africa has pointed out fintech as the most vibrant subsector…
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News
[Interview] MediaTek commits to increasing 5G adoption in Africa with affordable chipsets
Chipmaker MediaTek has announced its commitment to driving increased 5G adoption in Africa. In a recent interview with TechTrends Media,…
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News
Burning Heroes opens applications for its African Edition of Startup Awards
Burning Heroes (BH) Founders Association has announced the launch of its Africa Edition of startup awards. BH says the contest…
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News
US Telco Equinix to build $160 million data center in South Africa
Equinix, an American telecommunications company that specializes in internet connection and data centers has announced a $160 million investment to…
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News
Nigeria is working on a law recognizing cryptocurrency as legal tender
Nigeria’s House of Representatives is working on a law that may soon recognize cryptocurrency as legal tender, alongside other forms…
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News
Tanzania’s fintech NALA has expanded to 19 European countries
NALA, a Tanzanian fintech startup known for its remittance services to Africa has expanded to 19 more European countries. The…
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News
[Interview] African governments must release spectrum to increase 5G adoption, Qualcomm’s Elizabeth Migwalla says
In October this year, Kenya’s leading telco Safaricom officially went commercial with 5G in Kenya, joining a number of other…
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News
Microsoft, Viasat team up to deliver internet access to 5 million people across Africa
Microsoft is teaming up with global telecommunications company Viasat to help deliver internet access to 10 million people around the…
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Startups
VC fund Ventures Platform closes its pan-African and early-stage fund at $46M
Ventures Platform, a pan-African early-stage Venture Capital firm has today announced the final close of its intercontinental fund, at $46M. …
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News
Visa to accelerate Africa’s digital transformation with $1 billion investment
Global payments company Visa has pledged to invest $1 billion in Africa to accelerate digital transformation over the next five…
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News
E-commerce fraud has recorded a 42% increase this festive season, report
A report by global information and consumer insights firm TransUnion has revealed that online shopping scams have increased by 42…
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News
IDORENYIN OBONG: Five financial planning tips for African freelancers and gig workers
The global pandemic has accelerated the pace of change, causing significant disruption across labour markets and forever changing how we…
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News
MEST Africa Opens Applications for its 2024 Training Program
After announcing five African tech startups that made it to the grand finale of the 2022 Africa Challenge pitch competition,…
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News
Jumia closes Dubai office, moves senior staff to Africa in a cost-cutting move
Jumia Technologies has announced the closure of its Dubai office as the company remodels its business following years of loss-making…
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News
$200 million fund launched to support African SMEs
The Mastercard Foundation Africa Growth Fund (MFAGF) has launched a $200 million funding initiative for small and medium-sized enterprises in…
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News
Nigerian fintech Chipper Cash is the latest company to conduct massive layoffs
Nigerian cross-border payments startup Chipper Cash has laid off nearly 13% of its workforce, reports indicate. Many employees from various…
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News
Leading Identity Verification Startup, Verified.Africa Launches in Kenya
Verified.Africa, a leading provider of ID verification, document verification, and digital KYC compliance solutions, has launched in Kenya. With this…
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News
Copia Global and Cellulant have partnered to help diaspora customers pay for services
Copia Global has partnered with pan-African payment technology company Cellulant to make it easier for its customers in the diaspora…
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News
ANNALISA PLACHESI: Why NGOs should embrace the digitisation of payments and collections
Digital payments have fundamentally transformed lives across Africa by providing access to financial infrastructure and enabling innovation. More jobs have…
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News
VMware Cloud on AWS Expands to Africa
VMware today announced VMware Cloud on AWS is now available in the AWS Africa (Cape Town) Region. With VMware Cloud on…
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CLOUD
Vertiv unveils new Liquid Cooling Solution for Data Centres
IT infrastructure company Vertiv has unveiled a new liquid cooling solution for data centres in EMEA. Known as Liebert XDU,…
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Blockchain
More than 2000 developers joined the Polygon Africa Web3 Bootcamp
In September, blockchain platform Polygon opened applications for its Web3 Bootcamp targeting African developers. The Polygon Bootcamp and Hackathon was…
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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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News
Twitter has fired its employees in Africa with no severance pay
Twitter Africa: Since Twitter’s takeover by billionaire investor Elon Musk, the most consistent news we’ve heard is quirky lays offs,…
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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
South Africa’s telecom MTN to host Africa’s first metaverse music concert
The concept of the metaverse is still alien to the whole world and only a handful of people seem to…
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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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