- The two Kenyan organizations are the only representatives from Africa that will gain access to over $20 million in funding for their projects. Google.org the philanthropic division of Google, has selected Kenya’s Jacaranda Health and EIDU as the sole beneficiaries from Africa in the inaugural…
- A leading African technology company, Bluechip Technologies, has set its sights on Uganda, officially launching operations in the country. Specializing in data management and analytics solutions, the Lagos-based firm aims to tap into Uganda’s flourishing digital economy and foster technological…
- Nodle’s blockchain technology will facilitate the real-time tracking of motorcycle taxis in East Africa, with funding provided by Watu. Boda bodas are an integral part of everyday life in East Africa, particularly in vibrant cities such as Nairobi, Kampala, and Dar es Salaam, where they serve as a…
- By Adele Kazilsky, CEO of FutureGen Labs Despite the popularity of both religious and non-religious public holidays, they do not last forever. They, like all else in this world, are vulnerable to disorder and the randomness of systems which quietly affect our lives in the background. In some parts…
- Jumia has revealed that Starlink’s high-speed, low-latency satellite internet kits are now available on its platform in Kenya. This marks a new phase in the ongoing strategic alliance that was first introduced in Nigeria. While Starlink services have been accessible in Kenya since 2023, the high…
- VALR, South Africa’s premier cryptocurrency exchange by transaction volume, has submitted applications for cryptocurrency operating licenses in both Dubai and Mauritius. Since September 2022, the exchange has also secured authorization to operate in the virtual assets market in Poland. Established…
- The eighth annual Africa Tech Summit (ATS) London is set to take place at the London Stock Exchange on June 7, 2024. This prominent event has historically sold out and draws more than 300 tech leaders, policymakers, investors, and entrepreneurs from Africa and around the world to discuss the future…
- The Central Bank of Nigeria (CBN) has reportedly directed fintech firms like Moniepoint, OPay, Kuda Bank, and Palmpay to restrict new account openings. This move comes after the recent freezing of 1,146 bank accounts linked to unauthorized forex transactions, aimed at preventing further illegal…
- Speaker of Council, Cllr. Mncedi Ndzwanana, has collaborated with the Telkom Foundation, Tshwane North College (TNC), CoGTA, and Eskom to equip the students of Winterveldt High School with vital resources. The school was provided with 31 computers and 34 chairs, a critical step in preparing the…
- The platform for launching careers in Science and Technology acts as an additional approach to motivate students to engage with STEM subjects and consider careers in the STEM sector. At present, young students are developing abilities in problem-solving, creativity, and computer literacy.…
- Wasoko, the Kenyan e-commerce firm supported by investors like Tiger Global and 4DX Ventures, has denied reports that it has shut down its operations in Rwanda, just weeks after halting activities in Zanzibar and pausing operations in Uganda and Zambia. In an email to TechCabal, the company…
- Opera initially valued its stake at $269 million in December 2023 but revised it in subsequent filings due to a smaller financing transaction. OPay experienced significant growth over the past year, partly driven by a currency redesign that caused cash scarcity, prompting more people to turn to…
- Cameroon has been seizing Starlink kits at its borders due to the Internet service provider lacking a license in the country. Starlink plans to discontinue service in regions where it isn’t licensed, including Cameroon, on April 30. Cameroonian authorities worry about Starlink’s impact on the…
- Kubik, an innovative Ethiopian startup that transforms plastic waste into affordable, eco-friendly building materials, has secured $1.9 million in a seed extension funding round. The investment was contributed by African Renaissance Partners, an East African venture capital firm, along with Endgame…
- In a significant stride towards establishing Nigeria’s leadership in Artificial Intelligence (AI) development across Africa, the Federal Government, through the Ministry of Communications, Innovation and Digital Economy, has unveiled the country’s first Multilingual Large Language Model (LLM). This…
- Bayobab, the digital infrastructure company formerly known as MTN GlobalConnect, has made a significant stride in its strategic growth plans with the completion of its structural separation from parent company MTN Group. This milestone aligns with the company’s ambitious 2025 targets set by MTN. In…
- In a move to enhance social connections and enrich digital experiences, Meta, the parent company of Facebook, WhatsApp, and Instagram, has introduced Llama 3, a new AI assistant designed to engage in conversations, make suggestions, and improve user interactions. Llama 3, which was initially…
- Spatialedge, a startup based in South Africa specializing in data and applied AI solutions, has successfully raised ZAR60 million (approximately US$3.1 million) to advance its mission of transforming the retail industry. Established in Stellenbosch in 2017, Spatialedge focuses on providing big data…
- Pula, an agricultural insurance and technology startup, has successfully completed a $20 million Series B financing round. This capital will be used to offer insurance coverage to numerous smallholder farmers in developing nations, who would otherwise lack protection against natural calamities such…
- After two years of foundational efforts, the Financial Sector Conduct Authority (FSCA) has approved 75 crypto asset service providers (CASPs) from a pool of 374 applicants. The list, which was announced this Monday, includes prominent global exchanges such as Luno and VALR. Notably absent from the…
- As Nigeria progresses in its mission to make financial services more accessible, efficient, and cohesive, traditional financial institutions are introducing digital options and the number of fintech companies is increasing. Currently, there are more than 200 fintech firms in Nigeria, and…
- Flutterwave, Africa’s top-valued startup and a leader in digital payments based in Nigeria, has updated its corporate team in preparation for a forthcoming initial public offering, according to the company’s CEO. Speaking at Semafor’s World Economy Summit in Washington D.C. on April 18, CEO…
- Kenyan legislators have ratified a preferential trade agreement with the European Union (EU), resolving a longstanding issue with fellow East African Community (EAC) members who declined a collective agreement in 2016. The Economic Partnership Agreement (EPA) will afford Kenyan merchants duty-free…
- Although a resolution on data-sharing has averted a disruption of service, dissatisfaction among drivers remains widespread. Many are urging Uber to reduce its 25% commission, while others highlight the growing challenges of driving, such as long lines at petrol stations and soaring inflation,…
- In support of President Biden’s Digital Transformation with Africa Initiative and building on the U.S. Department of Commerce-wide Africa strategy, NBA Africa today announced the launch of “Triple-Double: NBA Africa Startup Accelerator,” a startup accelerator based on the continent focused on early…
- Felix Mutati, Zambia’s Minister of Technology and Science, asserts that Africa is emerging as the new world, presenting numerous opportunities across the continent. At the 2024 Connected Africa Summit, Kenya’s President William Ruto emphasized the importance of unity among Africa’s IT leaders to…
- M-KOPA, a prominent African fintech platform specializing in asset finance, has partnered with Bolt, a leading on-demand mobility service in Africa, to introduce an electric bike fleet in Kenya. This joint initiative offers both new and existing drivers the opportunity to lease ROAM and Ampersand…
- Kenya’s Ministry of Information has expressed opposition to any proposals for banning TikTok, advocating instead for increased regulation of the popular Chinese short-video platform owned by ByteDance. During a parliamentary session on Friday, John Tanui, the ICT principal secretary, outlined the…
- South Africa’s Financial Sector Conduct Authority (FSCA) has officially confirmed and detailed the list of crypto asset service providers (CASPs) currently approved to operate. The regulator announced that a total of 75 institutions have been authorized. It addressed reports in some media…
- Nigeria’s economic framework is significantly bolstered by family-owned businesses. From small neighborhood shops to expansive corporations, these entities inject an impressive $200 billion into the national GDP. However, despite their crucial role, family businesses often remain underrecognized…
- The National Identification Authority (NIA) has announced that starting May 1, new fee adjustments will be implemented for Ghanaians obtaining national identification cards (Ghana Cards) for the first time, those needing replacement cards, and individuals updating their personal details. Citizens…
- TLcom Capital, a venture capital firm based in Nairobi and known for investing in companies like Vendease, Seamless HR, and uLesson, has successfully completed its final fundraising round for TIDE Africa II, achieving a total of $154 million dedicated to early-stage startups. The fund initially…
- Smart cities are becoming a vital response to the challenges posed by rapid urbanization and infrastructural needs in African cities. These cities utilize advanced technology, data analytics, and innovative approaches to enhance efficiency, sustainability, and the overall quality of life for their…
- Nigeria’s Ministry of Works is on the verge of finalizing a new regulation aimed at criminalizing damage to fiber cables, following incidents that cost MTN and Airtel a combined total of ₦27 billion in losses. This upcoming rule will introduce harsher penalties for those responsible and will…
- Chukwudi Ezenwa, an accomplished serial entrepreneur and security expert who is also the architect behind Tech Guard, has made significant assertions about his trailblazing tech company’s role in transforming digital innovation across Africa’s security sector. As the chairman of GSS Security, a…
- by Mark Allewell, CEO of Sensor Networks Differences between cultures, social rules and norms exist in all societies and across all communities. For the most part, these unspoken social rules keep societies well-oiled and functioning smoothly – having an implicit understanding of what is required…
- In a strategic move, the Kenyan startup MarketForce, backed by Y Combinator, has announced the shutdown of its B2B e-commerce platform, RejaReja. The company’s co-founder, Tesh Mbaabu, shared this development in a blog post on Wednesday afternoon, while also unveiling the company’s new venture,…
- In a bold move to unleash the transformative potential of African healthcare innovation, Pishon Health has announced the launch of its groundbreaking Social Innovation Incubator program. The 12-week program is designed to empower innovators in developing technology-driven solutions that address the…
- A recent study from the cloud communications platform Infobip has revealed a profound transformation in how people and brands interact, driven by the rapid advancements in conversational customer experiences and generative Artificial Intelligence (AI). WhatsApp remains the primary channel for…
- Africa Tech Summit (ATS) London, the premier tech conference driving business and investment opportunities across the continent, is set to host its eighth edition on June 7th, 2024, at the London Stock Exchange. This highly anticipated event gathers over 300 African and international tech leaders,…
- In a region where owning a car is synonymous with both mobility and economic opportunity, AUTO24.africa is reshaping the automotive industry. Launched by Africar Group, a leading entity in African automotive classifieds, AUTO24.africa is active in South Africa, Morocco, Côte d’Ivoire, Senegal, and…
- ClusterLab, a Tunisian-born AI startup now based in the UAE, has secured $600,000 in pre-seed funding to advance its research and development initiatives. This funding will further strengthen its efforts in enhancing the Arabic audiobook summarization app, Reedz. Originating in Tunisia and based in…
- The Global Startup Awards Africa is currently inviting applications from African innovators, startups, and ecosystem facilitators dedicated to tackling major global challenges. African startups in the e-health, agri-tech, fintech, mobility and logistics, green-tech, and women in tech sectors are…
- Zeepay, a Ghanaian fintech startup, has successfully secured a round of equity funding to bolster its expansion across Africa and the Caribbean. Zeepay has secured further funding from prominent pan-African investment groups including Africa50, Oikocredit, Injaro, Verdant Capital Hybrid Fund, and I…
- Verod-Kepple Africa Ventures (“VKAV”) has successfully concluded its inaugural fund, raising a total of $60 million. SBI Holdings, Toyota Tsusho Corporation, Sumitomo Mitsui Trust Bank, Japan International Corporation Agency, and Japan ICT Fund are some of the key institutional investors in the…
- Google has recently announced that all Google Photos users will now have complimentary access to a selection of its cutting-edge AI-powered photo editing tools. Google Photos offers a range of AI capabilities, including Magic Eraser for removing unwanted objects from images, Photo Unblur for…
- SunCulture, a Kenyan climate tech startup, has raised $12 million to scale its solar irrigation solution across Sub-Saharan Africa. The company aims to equip hundreds of thousands of smallholder farmers with IoT-enabled solar-powered irrigation by 2030. InfraCo Africa, a division of the Private…
- African startups with a vision for a better future can now apply for the Norrsken Accelerator in Stockholm. Successful applicants will receive US$125,000 in cash and access to an eight-week business development course. Applications are currently being accepted. In 2016, Niklas Adalberth, a former…
- Irish Tech Challenge South Africa is extending an invitation to South African startups to apply for their initiative aimed at fostering collaborations between Irish and South African startups. In collaboration with Wits University’s Tshimologong Digital Precinct in South Africa and Dogpatch Labs in…
- The AgriTech4Egypt Innovation Challenge is currently open for applications from driven scientists and entrepreneurs who are working on agri-tech solutions to enhance the productivity, efficiency, and climate resilience of Egypt’s agricultural system. The AgriTech4Egypt Innovation Challenge is…
