Africa
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Startups
CDC Group to invest £2 billion in African businesses over the next two years
CDC Group is to commit a further £2bn into African businesses over the next two years, as it looks to…
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Startups
Women-Led Janngo Announces EUR 60 Million Fund To Support African Tech Startups
Janngo has announced a Euro 60 million fund to support African tech startups accelerating progress towards the Sustainable Development Goals (SDGs)…
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Startups
Applications for the 4th edition of Digital Lab Africa’s acceleration programme opened
Digital Lab Africa (DLA) has opened applications for its fourth edition of the DLA acceleration programme (DLA#4). Creatives and cultural…
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COLUMNS
[Column] Artificial Intelligence gaining grounds in Africa?
Artificial Intelligence (AI) brings a whole new dimension to the drive for customer intimacy. The convenience customers experience weighs heavier…
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Startups
Nigerian Fintech Startup Trove Secures An Undisclosed Amount Of Funding From ARM
Nigerian micro-investing fintech startup Trove has secured an undisclosed amount of funding from asset management firm, ARM. This is the…
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News
Opera Mini and Mdundo are partnering to provide free downloadable music in nine African countries.
Opera and Mdundo, an African music sharing platform have entered into a new partnership to provide free downloadable music in…
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BUSINESS
Visa is partnering with MFS Africa to boost digital payments among African consumers and businesses
Visa and pan-African fintech leader MFS Africa have announced a partnership to boost digital payments among African consumers and businesses.…
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News
Microsoft launches the Windows PC Affordability in Africa Initiative
Microsoft has today launched the Windows PC Affordability in Africa Initiative, a programme that aims to reduce the prevalence of…
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CLOUD
Cloud offers 20% saving on IT spend, report
Cloud migration is typically driven by business demand, cost-savings and IT efficiency. However, to realise the full benefit of cloud…
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CLOUD
Local partner role is critical to cloud success in Africa
While cloud technology presents a significant opportunity for enterprises to innovate as if they were potentially start-ups, the time and…
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News
Africa’s startup ecosystem on the brink of massive growth
The growing number of startups securing major financial commitments, sets the stage for an entirely new era of growth in…
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News
Stakeholders meet to discuss future of mobile money platforms in Africa
Key representatives from over 8 countries in Africa gathered at a workshop organized by Vodacom to look into trends and…
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Startups
VC4A has launched a dedicated online training program for Africa’s Business Angels
Venture Capital for Africa (VC4A) has launched a dedicated online training program for Africa’s Business Angels – ‘Mentor-Driven Capital Over…
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Startups
Visa is investing $200 Million in Nigeria’s fintech firm Interswitch
Visa is investing $200 million for a 20% stake in Nigeria’s digital payments company Interswitch. This minority equity stake acquisition…
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CLOUD
[Column] 2020 pivotal for deeper cloud adoption
In a first of its new Hype series, Routed, a vendor neutral cloud infrastructure provider, will host Guy Zibi, principal analyst, Xalam…
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News
Lack of competition in broadband markets is keeping millions offline
Lack of competition in broadband markets is keeping millions of consumers offline. Markets with a single broadband provider, for example,…
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News
TECNO Mobile shares its African achievements at the China-Africa Mobile Internet Economy Summit in Nairobi
In recent years, Africa’s mobile network infrastructure has been rapidly improved, and smartphones have been further popularized. The number of…
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CYBER SECURITY
[Column] Why it’s the right time for a career in cybersecurity
The cybersecurity landscape is a battle zone. War is being fought on every front, from email to firewalls to personnel…
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Startups
Facebook London Accelerator opens to African startups for the first time
Facebook is inviting applications for the third edition of its Facebook London Accelerator programme, which is open for the first…
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News
Vodacom Tanzania and Smart Lab launch new $150k accelerator program for tech startups
Vodacom Tanzania and Smart Lab have launched a new accelerator program to support arly-stage and growth-stage technology startups. The “Vodacom Digital…
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BUSINESS
Africa Logistics Properties forum addresses supply chain challenges in East Africa
Key stakeholders in the logistics industry gathered in Nairobi for a Supply Chain Network Forum to address the challenges facing…
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Startups
TechTribe Accelerator to offer training to hundreds of SADC startups
The TechTribe Accelerator (TTA), a brand-new online training platform wants to offer online training to thousands of African entrepreneurs across…
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COLUMNS
[Column] Potential of 5G in Africa
Africa is as capable of embracing the huge potential of this technology as the rest of the world, even within…
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Gadgets
Africa’s mobile phone market declined by 1.8% in Q2 2019
The Africa mobile phone market declined 1.8% quarter on quarter, QoQ, in Q2 2019, according to the latest figures announced…
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News
Africa mobile money market to reach $1 billion by 2024, report
The Africa mobile money market reached a transaction value of US$ 200.5 Billion in 2018. The market is projected to…
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Startups
MEST Africa is investing $100,000 in each of these 11 startups from its 2019 graduating cohort
MEST Africa is investing US$1,1m in eleven early-stage startups from its 2019 graduating cohort. This is the largest single investment…
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CLOUD
SEACOM is doubling its data capacity to connect more African businesses to cloud
SEACOM wants to double the data capacity on its broadband submarine cable system from 1.5 terabytes to 3 terabytes. The…
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Startups
Ten African tech startups taking part in the CcHUB’s PitchdriveAsia Tour
Ten selected African startups utilising hardware and deep technology tools in their businesses are taking part in the second edition…
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Startups
Bosch calling on African startups to apply for its smart mobility pitch competition
German multinational engineering and technology company Bosch is inviting African startups to compete in its smart mobility startup competition. Headquartered…
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BUSINESS
Understanding Mobile Wallets in Africa
The demand for mobile wallets is really high these days, especially in Africa. A mobile wallet (also called digital wallet)…
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BUSINESS
[Column] Fintechs are disrupting the local traditional remittance market
Data from the Central Bank of Kenya (CBK) shows that diaspora inflows in the country rose to Ksh30.4 billion ($295.3…
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CLOUD
[Column] Why Cloud Hasn’t Had a Big Impact on Business Intelligence
Although the notion of network-based computing stems right back to the 1960s, the modern term “cloud computing” arose in the…
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News
DPO Group acquires South Africa’s payment processor PayFast
African Payment Service Provider (PSP) DPO Group has announced its acquisition of South Africa’s payment processor PayFast. The deal by…
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New Appointments
Lori Systems announces new appointments to expand across Africa
Kenyan-based logistics startup Lori Systems has announced the appointment of Uche Ogboi as the company’s Chief Operating Officer and Efayomi…
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Startups
GABF launches new fund to invest in German-African energy startups
The Germany Africa Business Forum (GABF) has announced a multi-million Euro funding commitment to invest in German energy startups that…
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CLOUD
Cloud, an essential component for every African business
Cloud computing has been in existence for almost two decades now helping businesses stay secure from cyber threats. The technology…
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CLOUD
[Column] Data sovereignty in Africa, why you should care
African businesses are currently making massive investments in things like machine learning and artificial intelligence tools and are using cloud…
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News
Nigeria’s Venture Garden, Kenya’s Umati Capital & Tanzania’s Ubongo Kids mentioned in Mauritius Leaks tax avoidance claims in Africa
Nigeria’s Venture Garden, Kenya’s Umati Capital and Tanzania’s Ubongo Kids have been listed among firms extracting profits and avoiding tax in Africa according to a new report…
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News
[Column] There’s a need for more disruption in Africa’s tech scene
For most people living outside Africa, they imagine the continent as the home of poverty, corruption, internet fraud, infrastructure deficit,…
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News
Angola Cables Launches Its Cloud Service Platform To The African Market
Following the recent inauguration of their advanced Tier III AngoNAP data center facility in Fortaleza, Brazil, Angola Cables has announced that it…
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COLUMNS
[Column] Passing the Torch to the Millennial Generation
There was a time during the tumultuous 60s and 70s that the younger generation was admonished to “never trust anyone…
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Startups
Facebook, MainOne, to grace Nigeria’s #StartupSouth5 conference
Social media giant, Facebook, and West Africa’s largest cable data provider, MainOne is among the top tech companies that will…
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BUSINESS
SwitchLink Africa – Leveraging technology to drive efficient remittance
Latest data from the Central Bank of Kenya (CBK) indicates that Kenyans living and working abroad sent home Sh67.16 billion…
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COLUMNS
[Column] Digital Transformation’s growing attack surface
Traditional business models need to be reimagined as digital transformation continues to enable businesses to innovate and find new ways…
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News
Cloud service provider afriQloud launches in Uganda, 15 African countries to follow in 2020
Pan-African connectivity provider, BringCom has partnered with science and technology investor, Imprimatur Capital, and European edge cloud software company, GIG…
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Startups
Google’s Third Launchpad Accelerator Africa Class Graduate in Lagos
12 African startups that that were taking part in Google’s Launchpad Accelerator Africa programme have graduated in Lagos. This third…
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Startups
[Column] How to catch the attention of your future investor
What would you do if you were given free money for your business? Grants give the beneficiaries peace of mind…
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News
Google News Initiative Innovation Challenge applications open in Africa
A few months after expanding Google News Initiative (GNI) Innovation Challenge to Africa, Google has now announced that accepting application submissions from…
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Startups
AfriLabs Network Expands to 45 African Countries
Pan-African network of technology and innovation centres AfriLabs has admitted 27 new hubs into her network, extending her reach into…
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News
SEACOM launches its direct-to-corporate connectivity and cloud services in Uganda
Pan-African telecoms enabler SEACOM has extended its corporate market offering into the East African region, under its SEACOM Business brand.…
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News
UoN among African universities selected for IBM’s Quantum Computing Program
The University of Nairobi is among the fifteen African universities set to benefit from IBM’s Quantum Computing Program (IBM Q).…
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COLUMNS
[Column] The huge opportunity for consolidation and cloud in Africa
It is only 100 days since I took up the post of VP for Africa at Oracle, but already it…
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BUSINESS
DPO Group’s DumaCard is Africa’s first B2B Virtual and Prepaid payment card
Africa’s leading Payment Service Provider (PSP) DPO Group has launched Africa’s first business to business payment card. DPO is calling…
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News
[Column] Can e-commerce be Africa’s economic goldmine?
Digital economy in Africa is snowballing, and in the process, it’s creating new jobs and opportunities for digital entrepreneurs to…
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News
Xiaomi’s sub-brand Redmi eyes more market share as they plan entry in Latin America and Africa
In an interview with SinaTech yesterday, Lu Weibing, Vice President of Xiaomi Group and general manager of Redmi couldn’t keep…
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News
Africa50 Innovation Challenge seeking solutions to help increase access to internet in Africa
Africa50 has launched the Africa50 Innovation Challenge to look for innovative solutions to help increase access to high-speed internet in…
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Startups
Cortex Group launches VC fund for AI-Only focused startups in Africa
African Artificial Intelligence (AI) Software and Solutions company Cortex Logic has launched a new fund for AI-focused startups. Known as…
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Startups
How to qualify and apply for Jack Ma’s US$10 Million Africa Netpreneur Prize Initiative
African startups seeking to clinch a share of $10 Million of The Africa Netpreneur Prize Initiative courtesy of the Jack…
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News
Nairobi to host the 2019 Africa Shared Value Summit on 23-24 May
Kenya set to host the 2019 Africa Shared Value Summit. The summit will be held from the 23rd to 24th…
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News
Microsoft is setting up US $100 Development Centres in Nairobi and Lagos
Microsoft has launched its 7th global US $100 million Development Centre in Africa with a site in Nairobi, Kenya as…
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Startups
[Podcast] What makes a startup African?
In this episode of our Africa Startup Roundup podcast, Nick and Allan discuss the recent listing of Jumia New York…
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BUSINESS
KenTrade CEO Amos Wangora re-elected to Presidency of AAEC General Assembly
Kenya Trade Network Agency (KenTrade) Chief Executive Officer, Amos Wangora has been re-elected to the Presidency of African Alliance for…
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Startups
E-healthcare startup MYDAWA secures $3M funding from Africa HealthCare Master Fund
Kenya’s leading e-healthcare platform MYDAWA, has secured a $3M investment from Africa HealthCare Master Fund. This is the first round…
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Startups
Delivery app Glovo secures $169M funding
International delivery app Glovo has secured a $169M Series D funding round. The round was led by technology entrepreneur VC…
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Startups
Podcast startup PortableVoices opens its first recording studio in Nairobi
PortableVoices, a Kenyan audio production, and podcast startup has opened its first recording studio in Nairobi. The startup, which is…
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News
MultiChoice is adding a new 24-Hour News Channel Newzroom Afrika on DStv
MultiChoice is adding Newzroom Afrika to its portfolio of news channels on DStv. Newzroom is a 24-hour channel founded by…
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COLUMNS
[Column] Urban vs Rural – How to optimise ICT investment strategies
Africa is a large continent, and investors tend to pick and choose their markets based on a multitude of criteria.…
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Startups
World Bank allocates US$200 Million to support SMEs in Egypt
The World Bank has approved the allocation of $200 million to support SMEs in Egypt. The fund will focus on…
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News
The Mastercard Engage programme is launching in Kenya targeting fintechs
The Mastercard Engage programme is expanding in sub-Saharan Africa targeting fintechs in Kenya and Nigeria. Mastercard says the first Engage…
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News
Google’s News Initiative (GNI) Innovation Challenge expands to Africa
Google has announced that it is launching its Google News Initiative (GNI) Innovation Challenge in the Middle East, Africa and…
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News
Applications for the 2019 Google Africa Certifications Scholarships opened
Google has opened applications for its next round of Google Africa Certifications Scholarships. In line with its commitment to provide…
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News
[Podcast] Why Brands Should Pay Attention to Audio Content Marketing
In this latest episode of Africa Startup Roundup, we sat down with Allan, the founder of Portable Voices, a Kenyan audiobook…
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Startups
Seedstars is launching a $100M fund to invest in African tech startups
Seedstars has announced a new partnership with Paris-based First Growth Ventures to launch a $100 million fund to invest in…
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News
Facebook AI researchers create the world’s most detailed population density maps of Africa
Facebook is working closely with key non-profit and research partners to use artificial intelligence (AI) and big data to address…
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Startups
Branch raises $170 million funding round, announces new partnership with Visa
Visa and Branch International, have announced a partnership that will see virtual Visa prepaid debit cards offered to over 2…
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Startups
Partech Africa Report: African tech startups raised US$1.163 billion in equity funding in 2018
African tech startups raised a total of US$1.163 billion in equity funding in 2018. This is according to the Partech…
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Startups
Jack Ma’s US$10 Million Africa Netpreneur Prize Initiative opens applications
African entrepreneurs can now apply for the Africa Netpreneur Prize Initiative (ANPI). The US$10 million Prize competition founded by the…
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News
Jumia welcomes Mastercard as its new shareholder
A few weeks Jumia filed for an IPO on the New York Stock Exchange, the company has welcomed a new…
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News
Online Marketplaces Could Create 3 Million Jobs in Africa by 2025
Online marketplaces such as Jumia, Souq, Uber, and Travelstart could create around 3 million new jobs by 2025 across Africa.…
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Startups
DEMO Africa is heading back in Morocco in partnership with APEBI
The Federation of Information Technology, Telecommunications and Offshoring (APEBI) and DEMO Africa have today announced a partnership that will see…
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Startups
List of African Startups taking part in the third Google Launchpad Accelerator Africa programme
Google has announced the 12 African startups that will take part in its third class of its Launchpad Accelerator Africa…
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Startups
Ampion and Plutos Ventures launch new venture to invest in African startups
Africa-focused Ampion and Berlin-based Plutos Ventures Holding have announced the founding of Ampion Ventures to support African startups. The goal…
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News
Africa’s Smartphone Market Sees First Growth Since 2015, IDC Report
Africa's smartphone market grew 2.3% in 2018 to total 88.2 million units, according to the latest figures announced by IDC.
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COLUMNS
[Column] Open banking to transform East Africa’s digital financial services
Open banking is revolutionising the financial services landscape across the world, and presents opportunities for transformation and financial inclusion throughout…
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News
Visa to reward $100,000 To Women Entrepreneurs in Global Competition
In celebration of International Women’s Day, Visa has announced the launch of the first Visa Everywhere Initiative: Women’s Global Edition.…
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News
Funtrench partners with BTA to offer certified blockchain-related courses in Kenya
Funtrench has announced a new partnership with US-based blockchain certification company, Blockchain Training Alliance (BTA) to offer certified blockchain-related courses in Kenya. This…
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Startups
Regional partners for Jack Ma’s Africa Netpreneur Prize Initiative named
A few weeks after announcing that it will officially call for applications starting from the 27th of March 2019, Jack…
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Startups
Nigeria’s Fintech Startup TeamApt closes $5.5M Series A Round To Scale Into Additional Markets
TeamApt, a Nigerian startup that provides digital solutions and payment infrastructure for Africa, has closed on a $5.5M Series A…
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COLUMNS
[Column] Kenya’s ISP market ripe for usage-based bandwidth service
It’s is difficult to imagine a world without internet connectivity, let alone a business that is not connected. The internet…
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COLUMNS
[Column] Building the Intelligent Telco Enterprise – Growth opportunities for African telecoms operators
While the telco industry may have seen its traditional revenue streams decline further in 2018, thanks in part to the…
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Startups
List of 50 tech startups selected for the second annual MEST Africa Challenge
MEST Africa has announced the 50 startups that have been selected to take part in the second annual MEST Africa…
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Gadgets
ASUS introduces its ZenBook, VivoBook and TUF Gaming laptop models in Kenya
ASUS has introduced its new laptop models, ZenBook, VivoBook and TUF Gaming into the Kenyan market as it seeks to…
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News
Utimaco and Astel sign distribution partnership for HSMs in the Africa region
Astel, a leading provider for IT infrastructure and office automation solutions on the African continent, and Utimaco, the global number two…
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News
Kenyan Clubs in CAF Confederation Cup 2019
Confederation Cup is arguably the second most important football tournament on the African continent after the Cup of Nations, with…
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Startups
Applications for the Sanofi VivaTech challenge extended to February 22nd
Global pharmaceutical company Sanofi has announced the extension of the registration period for the call for proposals for this year’s…
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News
Jack Ma’s Africa Netpreneur Prize Initiative applications open in March 2019
The Africa Netpreneur Prize Initiative (ANPI) will officially call for applications starting from the 27th of March 2019. ANPI is…
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Startups
Startups: Why you should apply for the Sanofi VivaTech 2019 challenge
Viva Technology (Vivatech), an annual technology conference, dedicated to innovation and startups takes place in less than three months. The…
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