Tech

18 March 2024 - There’s no denying that there has been significant growth in terms of 5G adoption and to access that network you need a 5G smartphone. There has been impressive growth since the trial phase that started in early 2021 with Kenya’s leading telco finally…

18 March 2024 - Summary mTek, the digital online insurance platform, has secured $1.25 million (over Ksh 168 million) in funding to power its expansion in Kenya and across East Africa. This undisclosed funding round was led by Verod-Kepple... The post mTek Raises $1.…

18 March 2024 - Game engine innovator Jabali has secured $5 million in funding. Led by BITKRAFT Ventures, the round also saw participation from industry giants like Sony and Amazon. This injection of capital will fuel Jabali’s team growth, refine its unique AI models…

18 March 2024 - Kuda has secured two payment licences in Tanzania and Canada as part of plans to grow its remittance business globally.

18 March 2024 - This is expected to continue going into the future with IDC painting a promising picture for India's digital economy

18 March 2024 - With so many hyperbolic claims and counter-claims being made about Artificial Intelligence(AI), it’s hard to know what to think. Should... Source

18 March 2024 - OurPass secured approval in principle (AIP) for a new microfinance banking (MFB)— OurPass MFB—in January 2024.

18 March 2024 - Against the backdrop of 2023 which was termed as a “funding winter”, Founders Factory Africa hosted a live version of The African Pre-seed Podcast. According to Disrupt Africa’s African Tech Startups Funding Report, investment in African startups fell…

18 March 2024 - Increased connectivity and access to digital infrastructure are set to drive the growth of the digital economy across the African... Source

18 March 2024 - Kenyan-based digital insurance platform, mTek has secured an investment of $1.25 million from Verod-Kepple Africa Ventures (VKAV) and Founders Factory... Source

18 March 2024 - The country has increased its market share from 2% to 7.76%.

18 March 2024 - Following two years of high but stable loss activity, 2023 saw a worrying resurgence in ransomware and extortion losses, as... Source

18 March 2024 - Interswitch will now compete with MTN and Airtel for a share of the Nigerian telecoms market.

18 March 2024 - Nvidia plans to use Run:ai's orchestration and virtualization software layer technology to ensure its AI chips function more optimally and effectively.

18 March 2024 - The increase in mobile money adoption and greater usage in terms of average transaction values has led to the growth of interoperability solutions being designed. Initially, it was market-led and driven by the need identified... The post Benefits Of…

18 March 2024 - The African IT infrastructure and cloud market is experiencing a surge due to rapid digital transformation, high growth potential, and... Source

18 March 2024 - Kenyans will begin monetizing their content on Facebook and Instagram by June this year, making Kenya one of the few... Source

18 March 2024 - A middle-ground approach to regulation can be considered instead of issuing outright bans or restrictions that hurt the fintech sector.

18 March 2024 - The surge could could reshape the country's financial landscape.

18 March 2024 - But the data that is open-sourced does not include Grok's training data or real-time data connections.

18 March 2024 - This move would help reboot Japan's semiconductor industry.

18 March 2024 - While increased fees may offer investor protection and improve market integrity, they could also pose challenges for smaller exchanges and startups.

18 March 2024 - This particular Kenya's private sector alliance navigates the complexities of AI, e-waste, and technological challenges.

18 March 2024 - The Microsoft Africa Development Centre (ADC) has kicked off the second upskilling cohort, which will support university lecturers and empower them to keep in step with advancements in the tech industry. This edition introduces elements... The post…

18 March 2024 - The insightful report explores market shifts, investor perspectives, and emerging trends in the global payment industry.

18 March 2024 - In State House Nairobi today, Kenya’s President Ruto hosted Facebook’s President of Global Affairs, Mr Nick Clegg. The meeting of the two was also attended by various digital content creators from the country. From the discussions, it has been…

18 March 2024 - ECOWAS receives approval for funding agreement to boost digital integration, broadband access, and employment opportunities.

18 March 2024 - Infinix Note 40 series is finally here after much teasing. This is the company’s latest midrange offering in the Note lineup and includes the Note 40 Pro Plus, Note 40 Pro(4G and 5G) and base Note 40. The company unveiled the trio in Malaysia at the…

18 March 2024 - Apple's internal AI efforts may be lagging prompting a recognition of the advanced tools offered by competitors like Google.

18 March 2024 - 30Med, a medical education platform, announces a significant milestone in its journey towards transforming healthcare. The company has successfully secured a pre-seed fund, propelling it into a new phase of growth and innovation. Founded by Doctor…

18 March 2024 - This article will discuss how to host an interactive webinar using Demio.

18 March 2024 - Moroccan FinTech startup Tookeez has proudly secured a substantial $1.5 million in a recent fundraising round led by the esteemed Azur Innovation Fund. Founded in 2020 by Hicham Amadi, Wiam Elmejjad, and Siham Elmejjad, Tookeez consolidates loyalty…

18 March 2024 - Xiaomi launched the Redmi Note 13 series early last month and the whole lineup got significant upgrades over their predecessors including the Redmi Note 13 Pro. Read our review here. The Note 13 Pro now has a new 200MP setup which is an upgrade over…

18 March 2024 - XSML Capital, a leading provider of growth capital to SMEs in Central and Eastern Africa, has launched its fourth fund, African Rivers Fund IV (ARF IV), with a first close of US$98.7 million.  XSML Capital was founded in 2008 to help talented…

18 March 2024 - With the new funding, Zone will expand the coverage of its network domestically and connect more banks and financial services companies.

18 March 2024 - Morocco-based superapp ORA Technologies has secured US$1.5 million in seed funding from local entrepreneurs to help with its expansion plans. Founded in 2023 by Omar Alami, ORA has built a mobile app that offers multiple features, including P2P…

18 March 2024 - Nigeria's Securities and Exchange Commission has proposed raising the minimum paid-up capital for virtual asset service providers (VASPs) to ₦1 billion, two times the previous proposed requirement of ₦500 million

18 March 2024 - M-PESA Safaricom teams up with Sewasew Multimedia to support rising Ethiopian music talents, including Amanuel Mussie.

18 March 2024 - The EUR 100 million loan agreement to support sustainable infrastructure development, improve public services, and boost economic growth.

18 March 2024 - Capacity-building program enhances banking expertise, fosters innovation, and promotes financial inclusion in Ethiopia.

18 March 2024 - The $15 million facility will support SMEs and agri-businesses, enhancing trade opportunities in Zimbabwe and beyond.

18 March 2024 - WhatsApp Status has been getting a slew of features this month and now there’s a new one copied from Instagram stories that’s now available on the messaging app. WhatsApp now has over 3 billion users worldwide with users sending over 300 billion…

18 March 2024 - Bassel Ojjeh discusses the company's innovative approach to leveraging AI, cloud integration, and deep telecom expertise to unlock the potential of telecom data, driving forward transformative solutions for the industry's future.

18 March 2024 - According to a report by Bloomberg, Apple is engaged in active negotiations with Google regarding the potential licensing of Gemini, Google’s leading generative AI engine. This development signifies a potentially groundbreaking shift in the smartphone…

18 March 2024 - Kenya is barely using half of total available Internet bandwidth capacity in the country. According to the latest industry report from the Communications Authority of Kenya (CA), Kenya has a total available bandwidth capacity of 17,293.743 Gbps. Of…

18 March 2024 - In today’s edition: It could take five weeks to fix your internet || Showmax bests Bester || Nigeria may increase crypto registration fees || Can Nigerian businesses deliver despite inflation?

18 March 2024 - Over 8,000 Australian taxi and hire car drivers have emerged victorious in a class action lawsuit against ride-hailing giant Uber, securing a settlement of A$271.8 million (US$178.3 million). The class action was filed against Uber in 2019 in the…

18 March 2024 - xAI has made Grok’s foundation public on GitHub. This open access allows a wider range of developers to build upon the model, potentially accelerating its development and shaping its future iterations as it rivals tech from OpenAI, Meta, and Google.…

18 March 2024 - A Silicon Valley startup that was only registered as a corporation 2 months ago may have made a huge breakthrough. Cognition AI is reported to have developed an AI platform with the capabilities to reason. The platform named Devin, is a system that…

17 March 2024 - Samsung wants to use its own smartphone application processors (APs) more often. The reason behind the incorporation of its Exynos chips in its Galaxy lineup is that the price of chips keeps going up. According to a Samsung report, their mobile device…