04 May 2022
- Masa Finance, a hybrid credit protocol and decentralized credit bureau founded by Pngme CEO Brendan Playford in late 2020, has raised $3.5 million in pre-seed funding. According to a statement, the company seeks to “disrupt traditional centralized…
04 May 2022
- Startup pitches with promises to provide various services to Africans — across different sectors — are commonplace now. And in trying to sweet-talk investors, what’s not taken into context or often disregarded is that Africa is a fragmented $3 trillion…
04 May 2022
- Fintech startup Power Financial Wellness has joined forces with insurtech firm Turaco to offer affordable health insurance products to its customers. Falling under Power’s “Protect” product pillar, these insurance products with flexible premium payments…
04 May 2022
- In this episode of our TechTrendsKE podcast, Nixon chats with Telkom Kenya’s Head of Products and Solutions Peter Othino to discuss some key takeaways from the 2022 Connected Kenya Summit in Diani. ICT Authority (ICTA) hosted the 11th edition of the…
04 May 2022
- Kenyan startup Phindor has launched a next generation shop assistant system that employs artificial intelligence (AI) to help local businesses digitise record management, data collection and storage. Phindor began life as a website helping users find…
04 May 2022
- After recording a sharp fall in the number of subscribers within the first quarter of 2022, live streaming giant Netflix is cancelling production of some shows in a cost-cutting manoeuvre. Among them is Meghan Markle’s animated series dubbed Pearl, that…
04 May 2022
- Facebook is pulling out of the podcast business and creators will no longer be able to upload new shows to the platform starting this week. In a note to partners, the company said it will be shutting down the service altogether on 3rd June. Facebook…
04 May 2022
- The Baobab Network, a Nairobi-based accelerator that invests in early-stage tech companies across Africa, has announced its latest cohort of five investees, each of which secures US$25,000 in funding. The Baobab Network has been accelerating startups…
04 May 2022
- When it was first announced back in 2016, YouTube Go was perfect for…
04 May 2022
- Earnipay is on a mission to relieve the 30-day payday cycle employees have to wait despite the financial obligations and pressure faced daily. The company is fast becoming the definitive on-demand salary access solution, taking on the single biggest…
04 May 2022
- This $5.3-million venture capital investment in the agriculture reflects space is testimony to the company’s diversification into worthy, impact-driven assets, said Amrish Narrandes, the head of unlisted equity transactions at Futuregrowth. In a media…
04 May 2022
- In a media release, the Senegal-based start-up confirms that it raised an additional $700 000 in its series seed from WIC Capital, Loftyinc Capital, Haskè Ventures and other notable investors, completing its $1 million round. Birame N. Sock, founder and…
04 May 2022
- With the gap between infrastructure and energy funding growing, how can project developers diversify their funding strategies?
04 May 2022
- South Africa-based VC firm HAVAÍC has announced the third and final close of the HAVAÍC Universum Core African Fund, a US$20 million fund that will invest in early-stage technology companies in South, East, and West Africa. The Cape Town-headquartered…
04 May 2022
- In today's edition of #TCDaily:
- Crypto market
- Will venture funding slow down in Africa?
- SunFi’s plan to improve solar access
- Opportunities
03 May 2022
- Ride-hailing company, Bolt could be forced to stop its services in Tanzania following a controversial 15% fee service order that took effect in April. The Estonian company is disputing the fee introduced by Tanzania’s Land Transport Regulatory Authority…
03 May 2022
- Safaricom is adopting a new model for its Lipa Na M-Pesa platform aimed at curbing leakage of personal information. Effective June 2022, the company says it will only display the user’s first name and a few digits of their number, a move aimed at…
03 May 2022
- Police in Malawi have arrested a nurse for allegedly insulting president Lazarus Chakwera during a WhatsApp debate on governance. The 39-year-old nurse identified as Chidawawa Mainje is said to have used an expletive to express his dissatisfaction with…
03 May 2022
- An innovative clay "calcination" project in Ghana highlights a global effort to green the production of cement.
03 May 2022
- TikTok Stories is expanding to more users and it works exactly like every…
03 May 2022
- To be successful, companies often need to get involved in everything from farming to distribution and retail.
03 May 2022
- In 2021 alone, 12 African countries shut down their internet, while social media companies deal with multiple content moderation problems on the continent. We discuss how Elon Musk's potential ownership of Twitter will affect these issues.
03 May 2022
- Egyptian financial super app Khazna, which offers easy to use, technology-driven financial services to underserved consumers and micro-businesses, has announced it has obtained final approval from the Central Bank of Egypt (CBE) to launch its Khazna…
03 May 2022
- Pangea Trust, through its equity crowdfunding platform Connect, is unlocking diaspora remittance inflows as funding source for early and growth-stage startups in Africa. Remittances to sub-Saharan Africa reached $45 billion last year, with Nigeria,…
03 May 2022
- The idea of driverless cars roaming the streets is no longer a bizarre, far-fetched or unachievable experiment in a sci-fi movie. It’s now a reality that’s too close to real-world actualization. Over the last decade, so many resources have been invested…
03 May 2022
- We take a look at the key highlights of the country's smartphone market in 2021.
03 May 2022
- Several important announcements were made in April.
From MTN's PSB license approval and Airtel’s super-agent license in Nigeria, to Sun King’s $260 million raise in Kenya, here are the top 10 biggest African tech moves from April.
02 May 2022
- The global chip shortage will continue to cause pain for manufacturers for at least two more years, Intel CEO Pat Gelsinger has said. In an interview with CNBC’s TechCheck, Gelsinger said that he foresees the shortage in supply coming to ease in 2024.…
02 May 2022
- Following a slowdown in smartphone sales in early 2020 amid pandemic restrictions in Nigeria, the market saw rising demand in 2021 driven by improving economic conditions, pent-up demand, and the entry of new Chinese OEMs.This is according to the latest…
02 May 2022
- Numerous countries in Africa have developed or implemented data privacy and security laws in their countries in the last few years. With the rapid rise in digitisation as a result of the pandemic, the broad implementation of such laws across the…
02 May 2022
- Nigeria’s digital freight forwarding company OnePort 365 has raised $5 million in seed funding to drive the end-to-end digitisation of freight management in Africa. The firm which makes it easier to move cargo to, from and within Africa, will also use…
02 May 2022
- Popular ride-hailing company, Bolt could be forced to shut down its services in Tanzania following a controversial 15% fee service order that took effect on Friday, 13 April. The Estonian company is disputing the fee introduced by Land Transport…
02 May 2022
- How do African employees think companies can recognise and appreciate their employees?
Find out in today's edition of #TCDaily.
02 May 2022
- Computer hardware manufacturer Lenovo leads the global PC market, according to a report by Counter Research Global PC tracker. In Q1 2022, the company shipped 18.2 million units, 9.5% lesser than in 2021, but still retained the lead with a market share…
02 May 2022
- LG Electronics last week announced first-quarter 2022 consolidated sales of Ksh 2.03 trillion the highest quarterly revenue in company history. The operating profit of Ksh 180.54 billion was positively impacted by royalty income, partially offset by a…
02 May 2022
- Washing machines, microwaves and refrigerators and TV sets are among products on which you will enjoy great discounts with LG’s promo dubbed Celebrate Pasaka na LG that closes in the May. This promo is running at the same time with the LG Something…
01 May 2022
- Africa is steadily making progress in promoting technological advancement and innovation by finding creative ways to solve local problems.
01 May 2022
- Some African food companies feature QR codes on their packaging, which when scanned with a smartphone reveals information about the product's origin.
29 April 2022
- Tanzania-based fintech startup NALA has partnered with Pan-African payments company, Cellulant to power payments from the United Kingdom and the United States to Kenya, Uganda, Rwanda, Tanzania and Ghana. Remittances from foreign countries make a…
29 April 2022
- On-demand delivery platform Glovo has announced the winners of its tech startup pitch competition in Kenya. Glovo in partnership with Esade Business School, Ashoka Africa and Boston Consulting Group (BCG) launched the competition back in March…
29 April 2022
- In this column, we share the stories of the professionals who work tirelessly to bring the artists we appreciate to our radios, TVs, and gadgets. For this piece, one of South Africa’s renowned artist managers, Tabisa Yeni, engaged us in an insightful…
29 April 2022
- PRESENTED BY RENSOURCE ENERGY.Rensource, a West-African SME-focused renewable energy company, in partnership with …
29 April 2022
- The Infinix Zero 5G is the latest in the Infinix Zero series. The phone…
29 April 2022
- Most business travelers don’t have a lot of time to work out, but there are solutions to everything. Besides choosing healthy food, staying active while waiting at the airport is a good start. Take the stairs. Airports are often built on different…
29 April 2022
- Sun King, a solar energy company that helps power off-grid homes in Africa and Asia has raised $260 million in Series D funding. The company is one of the largest solar power solutions providers in Africa and Asia. It was previously known as…
29 April 2022
- Livestreaming platform Showmax has introduced a new plan that allows customers to make big savings on data. The Max Data Saving mode will see customers use just 50 MB per hour on their iOS mobile version of the Showmax app. Previously, Showmax had…
29 April 2022
- The Central African Republic (CAR) has approved the use of Bitcoin as an official currency. This makes it the first African nation to adopt Bitcoin as a legal tender and the second in the world after El Salvador. Bitcoin will thus coexist alongside…
29 April 2022
- Former Managing Director of Microsoft Africa Development Centre (ADC) Jack Ngare has moved to Google Cloud Office as Technical Director in the office of Chief Technology Officer (CTO). Google Cloud’s Office of the CTO (OCTO) brings together a global…
29 April 2022
- Sophos has announced that it has acquired SOC.OS, an innovator of a cloud-based security alert investigation and triage automation solution. The solution consolidates and prioritizes high volumes of security alerts from multiple products and platforms…
29 April 2022
- The Huawei nova 9 SE is the latest smartphone from the company to launch…