Africa
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News
Investor Network Unveils Programme to Support Africa’s Sustainable Development Goal Targets
Africa is the most vulnerable to the effects of Climate Change despite contributing only 4% of carbon dioxide emissions. Yet,…
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Startups
Proparco joins forces with Digital Africa to provide financing solutions for African tech startups
As part of its 2022-2025 roadmap, Digital Africa, in partnership with Proparco, will support 200 African startups at different stages…
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News
Nigerian fintech firm VeendHQ secures $330k pre-seed investment
Nigerian fintech firm VeendHQ has secured $330k pre-seed funding to expand its operations. Magic Fund, The Oak Capital, Future Africa, Berrywood…
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News
Kenyan insurtech firm mTek secures $3 million funding
On the heels of a recent $1.50 million (KSh 170 million) investment, Kenyan insurtech startup mTek has secured an additional …
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News
WhatsApp launches campaign to profile SMEs from across Africa
WhatsApp has announced the launch of the WhatsAppreneurs campaign, profiling small entrepreneurs from Africa who are using the WhatsApp Business…
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News
Nigeria is working on a law that could hinder use of social media
The Federal Government of Nigeria is working on a law that could overwhelmingly affect the consumption of social media in…
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News
Spotify is slowing down on hiring amid market uncertainty
Audio streaming platform Spotify announced on Wednesday that it slowing hiring by 25%, as markets continue to experience uncertainties. In…
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News
Flutterwave Has Appointed Former American Express Executive as New CFO
Flutterwave has announced the appointment of Oneal Bhambani as its new Chief Financial Officer (CFO) Bhambani joins the Nigerian fintech…
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COLUMNS
VALERY NJIABA: Digital Rights and Inclusion Forum’s Londa report calls for more digital transparency and protection across Africa
While many governments in Africa have made welcome progress toward digital transformation in the last year, more work needs to…
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News
MFS Africa acquires US-based fintech Global Technology Partners
Digital payments network MFS Africa has announced it has reached an agreement to buy US-based tech company Global Technology Partners…
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Startups
Tunisian edtech startup GOMYCODE raises $8 Million Series A funding to expand across Africa
A Tunisian edtech startup GOMYCODE has raised one of the highest African funding this quarter of the year after clinching…
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Apps
Boomplay has launched in Ivory Coast, its 6th African country
Music streaming platform Boomplay has commenced operations in Côte d’Ivoire Ivory Coast, expanding its African reach to six countries. The…
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News
GreenHouse Capital announces 13 startups selected for the Microsoft Scale-up Accelerator
Thirteen startups from East and West Africa are set to benefit from a six-week accelerator program by GreenHouse Capital and…
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News
Africa’s digital economy to reach $712 billion by 2050, Endeavor Nigeria report
Africa’s technology ecosystem is set for a period of exponential growth, accelerated by strong market fundamentals and the impact of…
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News
South African startup Nooksy is connecting family members through a reading app
A South African startup named Nooksy is connecting family members living far away from each other through storytelling. Nooksy, which…
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News
Kendi Ntwiga Appointed Global Head of Misrepresentation at Meta
Kendi Ntwiga, a distinguished leader in the ICT sector who’s worked at top level multinationals has been appointed Global Head…
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News
Ugandan fintech startup Eversend rebrands, announces new features
Eversend, a Ugandan fintech startup providing cross-border money transfers for Africans and Africans in the diaspora has rebranded. The startup…
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News
Dimension Data appoints Alan Turnley-Jones CEO for its Middle East and Africa Business
Dimension Data has announced the appointment of Alan Turnley-Jones as Chief Executive Officer (CEO) of Dimension Data Middle East and…
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News
Nigerian EdTech startup Afrilearn joins the UNICEF Innovation Fund
Nigerian EdTech startup Afrilearn has emerged as the only Nigerian startup to join the latest cohort of the UNICEF Venture Fund. Afrilearn…
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Interviews
Kenyan brewer African Originals seeks to raise $700k in new funding
African Originals, a Kenyan startup using local ingredients to make world-class beverages is seeking to raise $700,000 to scale its…
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News
World Bank and PFG To Provide $30 million for Fintechs in Emerging Markets
The World Bank, through its global development institution the International Finance Corporation(IFC) and US-Based fund manager Partners for Growth (PFG)…
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News
French government backed Digital Africa initiative aims to boost growth among tech entrepreneurs in Africa
The French government is playing a proactive role in weaning the rapidly-growing digital landscape in Africa through an initiative dubbed…
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News
Bitcoin Donation Used to Build New Schools, Libraries in South Africa
A generous donation of 1 BTC or one Bitcoin (Approx. $31,832.78,)has helped to build two new schools in Port Elizabeth,…
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Startups
Kenyan e-health startup Maisha Meds hits 1000 active facilities, expands to Nigeria
Kenyan digital pharmacy network Maisha Meds has reached 1,000 active facilities, making it one of the largest digital pharmacy networks…
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News
GoGettaz Agripreneur Prize is Awarding $50k to African agri-tech startups
The GoGettaz Agripreneur Prize is inviting African agri-tech startups to apply and stand a chance to win US$50,000 in cash…
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Startups
South Africa’s edtech startup FoondaMate raises $2 million seed funding
South African edtech startup FoondaMate is helping high school students in emerging markets to access revision material through WhatsApp and…
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CLOUD
Atlancis Technologies launches CINAbox, a container in a box solution in Kenya
Atlancis Technologies which specializes in delivering ecosystem-transforming ICT solutions has launched CINAbox, a Container in a box solution in Kenya. …
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News
Nigeria’s Jamit hopes to bring African podcasters together
Podcasting is a trend that’s rapidly gaining momentum in the world. Most of the developed markets have gladly accepted it…
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News
AfriLabs Academy to facilitate capacity building among startups in Africa
As innovation hubs increase in number across Africa, the need for capacity building, benchmarking and other supportive initiatives prevail. It’s…
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News
This SA agri-tech firm IQ is equipping farmers with digital tools to boost farming
When South African agri-tech startup IQ Logistica was formed in 2014, the focus was to be a service provider to…
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News
Uber has recorded 1 billion rides in Africa
Uber is celebrating a huge milestone having clocked a billion rides across all its markets in Africa. The company whose…
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News
Incentro renews Google Cloud’s Infrastructure Specialization
Incentro announced it has renewed its Infrastructure Specialization in Google Cloud Partner Advantage. The Google Partners Advantage program enables organizations like…
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News
CV VC Firm Launches Early-Stage Fund for African Blockchain Startups
Crypto Valley Venture Capital (CV VC) has today announced the launch of its African Blockchain Early-Stage Fund targeting blockchain startups…
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News
Many African countries still violating digital rights, report
Digital Rights and Inclusion have been an area of concern for most countries across Africa. At the just-concluded Digital Rights…
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News
OPay and Mastercard partner to expand regional reach
OPay, a Nigerian fintech regarded as one of Africa’s most valuable fintech startups has entered into a strategic partnership with…
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News
Innovate Now Accelerator Program for Assistive Technology innovators announced
Innovate Now, an accelerator that extends support to innovators building assistive technologies has selected eight ventures to participate in its…
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News
Healthtech startup Zuri Health raises $1.3-million to expand across Africa
Kenyan healthtech startup Zuri Health has raised $1.3-million in funding to expand across Africa. The startup which offers mobile-based healthcare…
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News
Kenyan fintech Bamba raises $3.2m seed funding to scale
Kenyan fintech startup Bamba has secured $3.2m in seed funding to scale its app and build out its team. Venture capital…
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News
High Cost of 5G Handsets Hinder Safaricom 5G Rollout
There has been so much talk and hype about 5G network but consumers are yet to feel its impact. Since…
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Startups
Nigeria’s Freight Forwarder Topship Raises $2.5M Seed Funding
Since tech-based startups started playing a key role by bridging gaps in the logistics sector in Africa, we’ve witnessed tremendous…
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Startups
VC firm Ventures Platform appoints Dr. Dotun Olowoporoku as New Venture Partner
Pan-African VC firm, Ventures Platform has appointed Dr. Dotun Olowoporoku as its new Venture Partner. The appointment comes less than…
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Startups
African Startups Raised $2billion in 2021, Report
The African Tech Startups Funding Report (2021) demonstrates a continued interest by investors in promising African startups. According to the…
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Startups
Nigeria’s Fidia has created a crowdfunding platform for African content creators
For any content creator, getting their work seen and appreciated by the public is the first important step to success. …
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News
US VC firm Activant Capital opens new office in Cape Town
US-based Growth equity firm Activant Capital has announced that it is expanding its research and due diligence capabilities with a…
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News
Google announces 30,000 Africa developer scholarships for 2022
At least 30,000 aspiring and professional developers from across Africa will benefit from the Android and Google Cloud training opportunities.…
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News
Bank of Uganda warns against use of Cryptocurrencies
The Bank of Uganda has issued a stern warning against the use of cryptocurrencies in the East African country. In…
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Startups
Egyptian Fintech Paymob raises $50M in Series B funding
The continued attention on African fintech startups is attracting unprecedented attention and investments from high-ranking venture capitalists. The latest such…
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News
NEAR Foundation opens its first African blockchain innovation hub in Kenya
NEAR Foundation, the Swiss non-profit that oversees the governance and development of the NEAR protocol, today has launched a regional…
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Startups
B2B eCommerce platform TradeDepot appoints Chidi Akubuiro as Managing Director for West Africa
TradeDepot, a B2B eCommerce and embedded finance platform in Africa, has appointed former Coca Cola HBC and Hayat Kimya Nigeria…
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Startups
SA Remittance Fintech Mama Money Aims to offer Lowest Transfer Charges
Fintech startups in Africa are doing a spectacular job at revolutionizing remittances, accessibility, saving, and the whole culture surrounding finances.…
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Startups
Nigerian Trade Tech Firm Norebase Raises $1M in Pre-Seed Round
Norebase, a Nigeria-based trade technology firm announced on Wednesday that it has secured $1M pre-seed funding round. The funding round…
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Startups
Power and Turaco partner to provide affordable insurance for gig workers across Africa
Fintech startup Power Financial Wellness has joined forces with insurtech firm Turaco to offer affordable health insurance products to its…
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News
Data security and privacy laws develop across Africa
Numerous countries in Africa have developed or implemented data privacy and security laws in their countries in the last few…
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Startups
Nigeria’s OnePort 365 secures $5 million Seed Funding to Digitize Freight Management in Africa
Nigeria’s digital freight forwarding company OnePort 365 has raised $5 million in seed funding to drive the end-to-end digitisation of…
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Blockchain
The Central African Republic Approves Bitcoin as legal tender
The Central African Republic (CAR) has approved the use of Bitcoin as an official currency. This makes it the first…
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Interviews
[Interview] Dan Kwach, Managing Director, Africa Data Centres: Africa is on the brink of a data centre boom
Dan Kwach is currently the Managing Director – East Africa Region at Africa Data Centres. His role is to lead,…
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News
Disney commences a wildlife series production for kids in Kenya
In the lead up to Earth Day 2022, The Walt Disney Company has announced that production has commenced on the National…
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News
BFA Global and FSD Africa launch a $3.3m fintech venture launcher for climate resilience in Africa
BFA Global and FSD Africa have unveiled a new venture launcher to support entrepreneurs in the fintech for climate resilience…
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News
Ashley Olson Onyango: Unlocking the transformative power of mobile money
During the last decade, rapid digitisation has revolutionised the financial industry globally, through the advent of innovative services such as…
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BUSINESS
China’s 4PX Express partners with Jumia to expand its delivery services in Africa
Jumia has partnered with Chinese global logistics company 4PX Express to help it expand its reach in Africa. The announcement…
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BUSINESS
Banks tipped on healthy competition with FinTechs
If banks are to adequately compete and address the challenge posed by the growing influence of fintechs into their space,…
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News
Google to open its first African product development center in Kenya
Tech giant Google has announced plans to open its first African product development centre in Nairobi, Kenya. This comes months…
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News
Rwanda launches the first Fourth Industrial Revolution Center
The Rwandan government has consistently and deliberately worked to nurture progressive technology-oriented ideas from its youthful population. In 2019, the…
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News
Visa Opens its first African Innovation Hub in Kenya to advance payment solutions development
Digital payments leader Visa on Wednesday opened its first African Innovation Studio in Kenya. The new centre has been designed to…
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News
Microsoft Launches Accelerator Program For East and West African Startups
In March 2022, Microsoft outlined plans to support 10,000 startups across Africa through a myriad of initiatives. These initiatives incorporate…
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Startups
Kenyan open finance infrastructure startup Credrails partners with Access Bank for future of finance in Africa
Access Bank has partnered with Kenyan women-led open finance infrastructure startup Credrails to develop open finance rails that will dramatically…
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Startups
Flutterwave CEO Embroiled in Bullying, Fraud Claims
A former employee of Nigerian-based payment solutions provider Flutterwave has levelled claims of bullying and fraud against company Founder and…
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News
New fund targets early-stage AI tech startups in Africa
Swedish AI Fund (SAIF), an NGO providing financial aid, grants and scholarships to AI projects has announced a new fund…
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News
Payment service provider i2c partners with Visa for fintech processing in the MENA region
US-based payment service provider i2c Inc has announced a new partnership with Visa as a fintech processor in the MENA…
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Startups
Egyptian e-sport startup Eksab raises $3M to scale its fantasy football platform
Cairo-headquartered e-sport startup Eksab has raised $3M Seed funding round, bringing the company’s total investment to date to $3.7M. The…
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News
JACK NGARE: Tech trends for 2022 and what they mean for the African continent
We have observed a significant march toward complete digitization of the world in recent years. The usage of and reliance…
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BUSINESS
Fintech firm DPO Group announces new pan-African partnerships
Payment service provider DPO Group has announced three new partnerships with companies in the digital payments sector including Mastercard. The…
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Startups
Nigerian logistics startup Kwik raises $2 million Series A Round to digitize informal African trade
Nigerian logistics startup Kwik has closed its $2 million Series A round led by XBTO Ventures, an investor focused on…
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News
Carry1st drives growth in Africa’s gaming industry, supported by AppsFlyer
Carry1st, one of Africa’s leading gaming publishers, has released new insights from its market data that highlights successes that have…
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Startups
Nigeria’s agri-tech startup ThriveAgric raises $56.4m debt funding to accelerate African expansion
Nigeria’s agri-tech startup ThriveAgric has raised $56.4M in debt funding from local commercial banks and institutional investors to grow its…
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CLOUD
Microsoft launches season 3 of its regional digital and coding competition for university students
Microsoft has launched season 3 of its Africa Development Center (ADC)-sponsored Game of Learners (GOL) digital and coding competition for…
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Startups
10 African Fintech Startups Selected for CATAPULT: Inclusion Africa Special Dubai Edition
The LHoFT Foundation has announced the 10 African fintech startups that will take part in the special edition of CATAPULT:…
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News
Flutterwave CEO Joins Africa’s BNPL Firm Lipa Later’s Advisory Board
After raising $12 million funding from a consortium of investors to expand its operations across Africa, Africa’s leading Buy-Now-Pay-Later (BNPL)…
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BUSINESS
57 percent of Africans do not hold any kind of bank account, BPC report
57 per cent of Africans do not hold any kind of bank account, including mobile money accounts. This is according…
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Startups
Kenyan e-commerce startup Sokowatch raises $125M, rebrands to Wasoko
Kenyan based B2B e-commerce startup Sokowatch has raised a $125 million Series B equity round, the largest venture financing round ever…
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BUSINESS
Equity Bank Awarded for Leading in E-Commerce payment volumes
Equity bank has been honoured with two awards by Visa for leading in Visa generated volumes in 2021. The bank…
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Startups
Bank of Ghana Suspends Fintech Operator Dash
The Bank of Ghana(BoG) has ordered Dash, one of the country’s leading fintech operators to immediately cease offering a number…
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Startups
15 African Startups Qualify for Google’s Accelerator Bootcamp
A total of 15 startups from seven African countries have been selected to participate in Google for Startups Accelerator Africa…
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News
Four Kenyan Startups among 12 Selected for Microsoft Accelerator Programme.
Microsoft in conjunction with Flapmax have announced the qualifying startups for their first accelerator programme that begins March 21, 2022.…
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CLOUD
There’s an increasing demand for data centers in Africa
As internet penetration in Africa continues to increase, the demand for data centers is also booming. Customers in Africa are…
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Startups
Six finalists of the Africa No Filter Competition set to receive upto $30,000 funding
Africa No Filter (ANF) and Meta have announced the six finalists of the first-ever “Future Africa: Telling Stories, Building Worlds”…
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Startups
OkHi Aims to give the 4 billion people in Africa a Verifiable Digital Address
OkHi: In the developed world, it’s much easier for anyone to give you directions to their home or business location…
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INSURANCE
YC-backed Curacel unveils new platform to enable tech companies offer insurance
Curacel, a YC-backed African insurance infrastructure startup, has launched an embedded insurance product that will enable tech companies to offer…
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Interviews
[Interview] Narek Verdian, CTO, Glovo: Understanding our users is at the heart of our development process
Narek Verdian is the Chief Technology Officer at Glovo, an on-demand delivery platform founded in Barcelona in 2015. The startup…
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BUSINESS
Airtel Nigeria is offering customers on its network free calls to Ukraine
Airtel Nigeria has announced that customers on its network who have friends and relatives in Ukraine will be able to…
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Startups
Dream VC opens applications for its VC Fellowship Program in Africa
Dream VC, a Remote Venture Capital Upskilling Institute, has opened applications for its 2022 fellowship program for VCs in Africa.…
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News
Econet partners with Ericsson to roll out 5G in Zimbabwe
Econet Wireless Zimbabwe has partnered with Ericsson to launch 5G services in the country’s capital Harare. Ericsson will support Econet…
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CLOUD
Vodacom launches Africa’s first AWS Outposts Innovation Lab
Vodacom has launched Africa’s first Amazon Web Services (AWS) Outposts Innovation Lab in collaboration with AWS and Intel. The laboratory…
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Startups
Microsoft to support 10,000 African startups over the next five years
Microsoft has today announced new initiatives to support 10,000 African startups. The initiatives will be run under its recently established…
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News
South African data centre firm Teraco announces access to Oracle Cloud via FastConnect
South African data centre company Teraco will now offer connectivity directly through Oracle Cloud Infrastructure (OCI) FastConnect at its Isando Campus for the Oracle Cloud…
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News
Pan Africa Gaming Group launched to grow gaming industry in Africa
The Pan Africa Gaming Group (PAGG) has been unveiled today, bringing 10 studios together under a single umbrella across Africa.…
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News
Zimbabwe becomes the 3rd country to restrict social media this year for political reasons
According to cybersecurity company Surfshark, Zimbabwe suffered its third internet disruption in the past 3 years, as internet service was…
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BUSINESS
Mastercard opens nominations for its Women SME Leaders Awards 2022
Mastercard has announced the inaugural Women SME Leaders Awards 2022, to recognize and further empower women-owned and run SMEs in the…
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BUSINESS
MTN Group rebrands, adopts new logo and slogan
Africa’s biggest telecom company MTN Group is rebranding. The rebrand, the company says is to position it as a technology…
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News
FOX News International debuts in Kenya and other African countries
FOX News Media has expanded its FOX News International global video streaming services to several countries across Africa. According to…
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Startups
BitKE to host a webinar on startup funding in Africa, register to attend now
2021 was the biggest year, so far, in the history of funding for African startups which saw over $4.6 billion…
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