29 November 2022
- Ejara, a Cameroonian fintech startup has raised $8 million in Series A investment led by London-based venture capital firm Anthemis alongside crypto-focused fund Dragonfly Capital with follow-on investors from Mercy Corps Ventures, Coinshares…
29 November 2022
- stc has announced that they have signed an MoU with Nokia to help move towards achieving a greener future and net zero emissions.
29 November 2022
- MTN Uganda and MTN MoMo have come out to be the biggest winners at the 2022 Digital Impact Awards Africa winning the 2022 Digital Brand of the Year.
29 November 2022
- Electric Mobility and Taxi Hailing service company, NopeaRide, is closing its offices after its parent company filed for insolvency. EkoRent...
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29 November 2022
- UAE-based gaming platform, Fenix Games has raised $150 million in a funding round led by Phoenix Group and Cypher Capital.Founded in 2022 by Chris Ko, Rudy Koch, Matt Nutt and Antonio Hallack, Fenix Games describes itself as a next-generation games…
29 November 2022
- Vodacash is launching its new service M-Pesa Rallonge in the DRC to allow customers to financial assistance from their cell phones. M-Pesa Rallonge is a new service dedicated to M-Pesa users with zero or insufficient balances. Users will be able to…
29 November 2022
- Innovation has, for a long time, been associated with new products and or processes. In the last decade, this view...
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29 November 2022
- LoftyInc Capital Management, an early-stage African-focused venture capital firm, has announced the final close of its oversubscribed LoftyInc Afropreneurs Fund 3 (LAF3), which closed out at US$14.3 million. Founded in 2017, LoftyInc Capital…
29 November 2022
- The AMC Networks owned streaming company, Acorn TV has announced that they have shut down in South Africa.
29 November 2022
- In this edition of Tech Edge, Noel K. Tshiani of Congo Business Network writes about why it is important for entrepreneurs to develop world-class skills and how the government can help.
29 November 2022
- Periculum has announced that they have launched their new personal finance management product that leverages machine learning, Utambuzi.
29 November 2022
- Meta has announced that they are inviting top Nigerian content creators for first-of-Its-kind 360 campaign focused On Metaverse entry points for African creators.
29 November 2022
- President William Ruto has officially unveiled Twiga Foods distribution center, a 200,000 sq ft facility that will offer fulfillment by Twiga services to manufacturers, brand owners, and farmers across East Africa. Located in Tatu City, the…
29 November 2022
- Applications are open for the ygap Kenya Accelerator Programme, which helps ventures to refine and validate their business model, move towards financial sustainability, and grow the impact that they are having in their community. The ygap programme…
29 November 2022
- OPPO Kenya has launched a football challenge that will see Kenyan fans bring out their best football skills. The smartphone company is partnering with local football star David “Chehe” Ochieng for this campaign dubbed #OPPOGameTime Challenge. The…
29 November 2022
- Zoho Corp., the global technology company, announced today that it will be opening a new office in Johannesburg to accommodate its growing employee base in the country and cater to its customers. The company has seen the net new customer growth of…
29 November 2022
- Working in cyber security can be draining. It’s a high-pressure environment and the stakes are only getting higher. A recent report found that 45% of cybersecurity professionals have considered quitting over the constant threat of Ransomware…
29 November 2022
- The approach of the New Year is the ideal time to start investigating Multifactor Authentication (MFA), a layered approach to electronic security that requires two or more credentials to verify identity. SA’s Internet Service Providers’ Association…
29 November 2022
- Ghanaian startup Africa Goodnest is an e-commerce and logistics platform that creates access to local and external markets, supports smallholder agricultural businesses, and distributes value-added agricultural products. Founded in 2021 by Bernice…
29 November 2022
- Duba-and-Egypt-based mobility company Swvl has closed down its Pakistan offices.
After three years of operation in the country, Swvl has driven away.
More in #TCDaily.
29 November 2022
- Africa Data Centres is building its first data centre in Kigali, Rwanda; The facility will have 2MW of IT load and will break ground in the first quarter of 2023. Africa Data Centres, a business...
29 November 2022
- Having used the two versions of Redmi Note 11, first 4GB/128GB version and then 6GB/128GB version, now I understand why the Redmi Note Series is so popular with 240 million...
The post Redmi Note 11-A closer look at 6Gb RAM Unit appeared first on…
28 November 2022
- US-based private equity giant Carlyle has raised $3.12 billion to invest in 20 to 30 Europe-based companies, amidst a drought in tech startup funding globally.According to the firm, the bulk of the fund will go towards a majority stake in companies…
28 November 2022
- Revio, a South African API payment and collections startup, has raised $1.1 million in seed funding to launch new products, grow its team, and enter new markets. Ruaan Botha started Revio in 2020 to help e-commerce and subscription-based businesses…
28 November 2022
- Finnfund, an impact investor based in Finland, gave $3.4 million to KaiOS, a Hong Kong-based company that makes feature phones. KaiOS has gotten money from prominent investors like Google and TCL. Finnfund’s funding comes from a convertible note,…
28 November 2022
- Copia Global has announced a partnership with Cellulant, a Pan-African Payments technology company, to make it easier for its customers in the diaspora and cities to pay. Copia Global is the only B2C e-commerce platform that offers e-commerce…
28 November 2022
- A US-based VC firm called Modus that focuses on the Middle East and North Africa (MENA) has teamed up with USAID to launch MV Builder II; This will aid in the development and support of female-led enterprises in Egypt and underprivileged…
28 November 2022
- This week, the South African cryptocurrency exchange said it would start doing business in Zambia. With the Zambian Kwacha, Zambians can buy and sell Bitcoin (BTC), USD Coin (USDC), and more than 60 other cryptocurrencies directly on the exchange.…
28 November 2022
- Fintech startup Djamo, based in Ivory Coast, has closed a $14 million funding round. This is the biggest equity round ever for a startup in Ivory Coast, and it will help the company grow across Francophone Africa. Régis Bamba and Hassan Bourgi…
28 November 2022
- Nigerian food procurement startup Vendease laid off 9% of its workforce, or 27 of its almost 300 staff last week, according to a company statement.This comes after the food procurement platform, which offers African food businesses access to…
28 November 2022
- Koo, a Twitter competitor in India has secured $6.3 million in a new funding round co-led by Tiger Global and Accel Partners, according to Entrackr.Co-founded by Aprameya Radhakrishna and Mayank Bidawatka in 2020, Koo is a multi-lingual…
28 November 2022
- MTN Zambia has launched its 5G network offering commercially in Zambia becoming the first mobile operator to offer 5G services commercially in the Southern African nation.The telco piloted the fifth-generation mobile network in some regions of the…
28 November 2022
- Ejara, a Cameroonian fintech offering an investment app that allows users to buy crypto and save through decentralized wallets, has raised $8 million in Series A investment to grow its platform.Ejara was founed by Nelly Chatue-Diop and Baptiste…
28 November 2022
- Presented by Appzone Group, this article features the company's Banking-as-a-Service platform called Qore that is implementing the blueprint for Africa’s digital banking future.In the last five years, Africa’s financial sector has aggressively…
28 November 2022
- The introduction of 5G is part of a wider network strategy for MTN Zambia. Other programmes involve the optimisation and modernisation of existing 3G and 4G networks, the building of a fibre ring in Zambia with MTN GlobalConnect, as well as the…
28 November 2022
- Pesapal, one of Kenya’s and Africa’s leading digital payments service providers today announced Supertap, a platform that enables Pesapal mobile users to simplify m-pesa payments at thousands of merchants who use Pesapal Sabi POS machines.…
28 November 2022
- Niche Cocoa began as a small enterprise, and today the company is the largest fully integrated cocoa processor in Ghana.
28 November 2022
- President William Ruto today officially unveiled Twiga Foods Multi-Million-dollar distribution center, a world-class 200,000 sq ft facility that will offer fulfillment by Twiga services to manufacturers, brand owners, and farmers across East Africa…
28 November 2022
- Fintech startup Hisa has launched an application that allows Kenyans to invest in the stock market directly from their phones using mobile money. The Hisa App has been in beta version for the last 10 months and has now gone live for use by the…
28 November 2022
- Africa Data Centres has revealed plans to build its first data centre in Kigali, Rwanda. The data centre will have 2MW of IT load and will be purpose-built to meet growing demand in the region. “It is an exciting time for Africa Data Centres,” said…
28 November 2022
- Amazon will be shuttering its food delivery business in India on December 29, according to an email sent to its vendors and partners.The tech giant officially entered the $20 billion Indian food delivery business in May 2020, and quickly expanded…
28 November 2022
- Yandex, Russia's biggest tech giant, often referred to as "Russia's Google" wants to cut ties with the country due to concerns about the impact of the Ukrainian war on its businesses, according to a report by The New York Times. The company's
28 November 2022
- The UK government has asked its departments to stop installing Chinese surveillance cameras at sensitive buildings, citing security risks, according to a report by Reuters.The restrictions, announced last week, will prevent authorities from…
28 November 2022
- Amazon recently announced their plans to enter the Nigeria and South Africa markets with their core marketplace offering during 2023. The big question is, will it be successful and, if yes, how?
28 November 2022
- If you Google Phyllis Migwi, the Country Manager, Microsoft Kenya, you will find article after article about her appointment. They...
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28 November 2022
- Online house cleaning business SweepSouth has suspended activities in Nigeria shortly after its entry into the market, citing an unfavourable global macroeconomic environment.Launched in 2014, the South African startup provided online on-demand…
28 November 2022
- The Facility for Energy Inclusion (FEI), administered by Lion’s Head, has provided Solarise Africa with a $33.4 million facility, the largest C&I debt raise in Africa to date, to enable the company to strengthen its position in Kenya’s solar…
28 November 2022
- Introduction Utambuzi is launching in Kenya. Utambuzi which translates to ‘insights’ or ‘diagnosis’ in Swahili is looking to change the scope of personal finance management. The product, based on a business-to-customer model, helps a person track…
28 November 2022
- Africa’s startups cannot rely on “a huge market”, unmet needs, sob stories and other niceties to attract investors. Because investors more than ever want to see the way out from the beginning.
28 November 2022
- Africa’s technology leaders have called on the continent to accelerate digital transformation to serve its people better and boost its...
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