29 November 2023
- Remittance startup LemFi has halted its operations in Ghana one week after the Bank of Ghana identified it as one of eight fintechs operating without the necessary regulatory approvals.
More in #TCDaily.
28 November 2023
- Here are the hottest stories you should know about today. Subscribe now or sign in to get all of the details.Black Friday spurs record $70.9 billion in global salesStarlink unveils improved satellite dish for enhanced broadband connectivityTikTok…
28 November 2023
- The traditional PC market in India, encompassing desktops, notebooks, and workstations, reached 4.5 million units in 3Q23, marking a robust 14% YoY growth, according to the International Data Corporation (IDC).
28 November 2023
- Making sure your Windows 11 is up to date is important for keeping your computer working well and safe. Microsoft regularly releases updates that bring new features, make your computer run better, and fix security issues. Updating your system helps…
28 November 2023
- In the ever-evolving landscape of mobile technology, one innovation has stood out as a catalyst for financial inclusion in Africa: Unstructured Supplementary Service Data (USSD). This technology, while sounding technical, plays a crucial role in…
28 November 2023
- Climate-tech, and energy startups have displaced fintech companies in venture funding made into Africa. EchoVC's fund wants to be the first institutional cheque for this companies.
28 November 2023
- The Startup Bill will offer some incentives such as tax breaks and access to credit for startups. William Ruto, Kenya’s President, has confirmed that the Startup Bill 2022, which seeks to provide employment opportunities for Kenyan youth and tax…
28 November 2023
- On November 1, Nigeria, along with 28 other nations, signed the historic Bletchley Declaration, marking a pivotal moment in global efforts to shape the responsible development and deployment of Artificial Intelligence (AI). This landmark agreement…
28 November 2023
- Lemfi, the remittance startup that raised $33 million in a Series A round in August, has suspended its operations in Ghana one week after the country's Central Bank said it was operating without regulatory approval.
28 November 2023
- Paysho, the innovative online escrow service, revolutionizes online transactions, ensuring a secure platform for buyers and sellers amid rising online fraud. In an environment where scams are prevalent, Paysho acts as a crucial safeguard, holding…
28 November 2023
- Latitude59, Europe’s premier startup and tech event is coming to Nairobi. The event which has been running for 11 years since inception in Estonia in 20111 will be hosted on 6 December 2023. This will be the first time the event is being hosted in…
28 November 2023
- Pension sector supervisors and regulators from all over Africa converged yesterday and today at Serena Hotel Kampala, to discuss ways of extending pension coverage to more citizens around the continent. This will be the 4th Annual Conference of the…
28 November 2023
- Partnership aims to boost digital innovation, internet access, skills, and economic growth through U.S.-Africa collaboration.
28 November 2023
- FNB plans to improve the operational resilience of its ATM network across the country by installing Uninterruptible Power Supply (UPS) systems in over 1,000 standalone ATMs, allowing customers to access services during power outages. The first…
28 November 2023
- In an interview with TechAfrica News, Nitesh Singh, underscored the importance of fostering a more robust dialogue between the private and public sectors to adapt to the dynamic technological landscape.
28 November 2023
- When it comes to PR, Talking Drum Communications founder Bemi Idowu wants people to know that it's more than just press releases, it's storytelling. Read Bemi's ideals on PR in this Quick Fire 🔥 conversation.
28 November 2023
- Absa launches its Data Science and Engineering Academy, fostering emerging data talent in South Africa’s financial landscape. The 12-month program aims to transform its first cohort of 20 learners into data specialists, equipping them with advanced…
28 November 2023
- In Q3 2023, smartphone shipments in the Middle East and Africa (MEA) region marked a robust growth of 23% YoY and 11% QoQ, according to Counterpoint – driven by improved macroeconomic indicators, such as reduced unemployment and inflation,…
28 November 2023
- The interview delved into Wingu Africa's tailored strategies, spotlighting cultural understanding and adaptability as key elements in addressing the unique needs of each region.
28 November 2023
- Grey has embarked on a significant global brand rebranding initiative, revealing a fresh logo and website design. This strategic move aligns with the company’s dynamic plans to expand its footprint in the global market. The...
The post Grey…
28 November 2023
- Twiga secured the new funding from Creadev, Juven, TLcom Capital Partners, and DOB Equity, four investors that participated in its 2021 $50 million Series C.
28 November 2023
- In the evolving landscape of global payments, a notable trend towards deglobalisation has taken center stage. This phenomenon, gaining momentum alongside the BRICS countries’ departure from SWIFT, is the transformative rise of Universal Payment…
28 November 2023
- Martinez outlined the company's active role in advancing 5G technology on the continent, emphasizing its focus on routing and switching aggregation components, network slicing, and monetization.
28 November 2023
- The United Nations Industrial Development Organization (UNIDO) and Orange have partnered to revolutionize Egypt’s mobile device and network equipment markets. An initiative for supporting the adoption of circular economy practices, developing a…
28 November 2023
- French telecom giant Orange exits Ethio Telecom stake bid, citing challenges in Ethiopia's evolving telecom sector.
28 November 2023
- The Samsung Galaxy A04s is one of Samsung’s entry level devices that you can get in Kenya. At ksh 18,700, this is one of the most expensive devices in the Galaxy A04 series. There is...
The post Samsung Galaxy A04s Specifications and price in Kenya…
28 November 2023
- Grey a cross-border fintech company, has embarked on a significant global brand rebranding initiative, revealing a fresh logo and website design. This strategic move aligns with the company’s dynamic plans to expand its footprint in the global…
28 November 2023
- MTN commits to combating gender-based violence, leveraging technology and partnerships to create safer environments globally.
28 November 2023
- The Futurize HealthTech Summit, a joint initiative by Futurize and AstraZeneca under the A.Catalyst Network, concluded this week, signaling a new era in African health technology. Hosted at Strathmore University Business School in Nairobi, the…
28 November 2023
- Grey initiates a global rebrand, featuring a fresh logo and website design, reinforcing its international fintech prominence.
28 November 2023
- UNIDO and Orange collaborate on SWITCH2CE, revolutionizing Egypt's ICT sector with circular practices, local infrastructure, and capacity development.
28 November 2023
- I&M Group PLC increased its profit after tax by 14% to KES 8.2 billion for the 9-month period ending 30 September 2023, up from KES 7.2 billion in the same period in 2022. The operating...
The post I&M Group PLC delivers 14% growth in…
28 November 2023
- Bayobab's 2Africa cable landing in Ghana enhances resilience, connectivity, and economic growth, supporting digital transformation.
28 November 2023
- Morocco-based B2B e-commerce startup Chari, which offers embedded financing solutions for the FMCG sector, has secured funding from UM6P Ventures, the investment arm of Mohammed VI Polytechnic University. UM6P Ventures, the investment fund of…
28 November 2023
- Kenyan startup, Aquarech, has secured $1.7 million in equity funding to empower small-scale fish farmers in Kenya with its innovative mobile app platform. The company operates from Kisumu, founded in 2019 by CEO Dave Okech alongside co-founders…
28 November 2023
- Vula, a fundraising assistant, revolutionizes the fundraising journey for entrepreneurs. By simply inputting their website URL, users leverage the power of AI to generate tailored funding applications. Founded in 2022 by Nicholas Rawhani and Alex…
28 November 2023
- StarNews Mobile, a leading mobile video network in Africa headquartered in Ivory Coast, recently secured $3 million in a funding round. Janngo Capital spearheaded this round, notably including investments from three French professional footballers…
28 November 2023
- South African startup JOBJACK, specializing in entry-level recruitment, has secured ZAR45 million (approximately US$2.5 million) in a pre-Series A funding round. The round was led by NEXT176, with participation from the Michael & Susan Dell…
28 November 2023
- South African insurantech Pineapple recently completed a Series B funding round, securing ZAR400 million (approximately US$21.3 million). New investors led this round, including Futuregrowth, Talent10, and MIC. The company also received continued…
28 November 2023
- Nigeria joins 17 other countries to sign an agreement on AI safety one week after OpenAI employees raised alarm on the safety of the company's advanced AI system.
More in #TcDaily
28 November 2023
- The London Internet Exchange (LINX) have announced that their interconnection hub in Nairobi, Kenya is now live and ready for business. LINX Nairobi is the new Internet Exchange Point (IXP) for East Africa, located out...
The post London Internet…
28 November 2023
- Kenyan tech startup, Mpost, is relocating to Rwanda in its expansion efforts while seeking a favorable business environment. In a statement shared on Monday, the startup reveals a significant shift in its operational landscape. This will see Mpost…
27 November 2023
- Twiga Foods, the Kenyan agri-tech startup has raised an undisclosed amount of funding capital from a group of investors including Creadev and Juven. The new raise comes at a time when the company is doing serious restructuring that has seen it send…
27 November 2023
- LG Electronics (LG) has embarked on strengthening its local network of dealers and partners by training and equipping them to handle its new generation heating, ventilation and air conditioning (HVAC) technology. The firm has embarked...
The post…
27 November 2023
- Endeavor Kenya, a non-profit organization that supports high-impact entrepreneurs, has launched the ScaleUp Program, its inaugural cohort-based initiative for high-growth founders. The program will identify ten high-growth ventures based in East…
27 November 2023
- The global PC market continues to face headwinds and setbacks, causing revenue and shipments to remain below the levels seen in the past years. With inflation crumbling consumer purchasing power and the excess inventory, the downward spiral is set…
27 November 2023
- Kenya| Endeavor Kenya, a non-profit organization that supports high-impact entrepreneurs, has launched its inaugural cohort-based initiative for high-growth founders, the ScaleUp Program. The program will identify ten high-growth ventures based in…
27 November 2023
- Below are the venture funding activities we are tracking in the Latin American region this week.
27 November 2023
- The Apple Magic Keyboard is very convenient and can seamlessly connect to both your Mac and iPad, giving you a smooth typing experience across devices. Whether you're looking to increase productivity or simply enjoy the comfort of typing on a…
27 November 2023
- South Africa’s headline inflation rate increased by 0.5ppt to 5.9% in October and is underpinned by the rising fuel and food inflation. The core inflation eased to 4.4% from 4.5%, although this was also more than what was expected. This is…