05 September 2023
- The introduction of Language Model tools like ChatGPT in November 2022 marked a significant paradigm shift in how we interact with online information. These tools brought the capability to not only retrieve search results but also engage in…
04 September 2023
- Ride-hailing platform Bolt is set to reward its loyal drivers with up to N50 million in the latest edition of its Drive for a Prize campaign. The campaign, which is open to new and existing drivers in Bolt’s markets across Nigeria, will run for…
04 September 2023
- Twitter, now known as X, has launched three new branded features – Custom Likes, Hashmoji, and Hashfetti – to revolutionise brand-consumer engagement on its platform. These innovative tools allow advertisers to connect with audiences in more…
04 September 2023
- Susu is a Beninese startup helping Africans in the diaspora make informed financial healthcare commitments for their loved ones on the continent. The company provides a combination of healthcare packages and insurance that Africans can finance…
04 September 2023
- M-Pesa, Safaricom’s leading mobile money platform, is set to roll out standing orders – a first for mobile financial services globally. The feature will allow M-Pesa users to schedule recurring transfers and payments, like rent, subscriptions, or…
04 September 2023
- The MTN Foundation has launched the second edition of its MTN Women in Digital Business Challenge, pledging R1 million ($53,600) to empower female digital entrepreneurs in South Africa. The challenge aims to help women grow their tech businesses…
04 September 2023
- Wasoko, a pan-African B2B e-commerce startup, expands into the DRC, tapping into the potential of the Congolese market.
04 September 2023
- Amid a slow response from traditional banks in Nigeria to adapt to the rapidly evolving digital banking landscape, banking-as-a-service (BaaS) platforms have seized the opportunity to offer more personalized and cost-effective financial services…
04 September 2023
- Alexey Vovk, Head of the Information Security Department at Kaspersky, cautions: “Acquiring an already established business can be an attractive option for example for entrepreneurs, given its potential for quick profitability, or similarly for…
04 September 2023
- Despite the clear importance of technology to the agriculture sector, the sector is struggling to incorporate new technologies along its value chain. Numerous agritech startups in South Africa are building unique solutions to accelerate the…
04 September 2023
- Following one of the most challenging dealmaking climates in decades, a period marked by a sharp decline in investor enthusiasm for large public offerings, British chip-making giant ARM is gearing up for a groundbreaking initial public offering (…
04 September 2023
- Food processing firm Unga Group is completing a $2.1M solar power generation project at its five Nairobi (2), Nakuru (2)...
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04 September 2023
- Assuming that global values apply to start-ups on the continent is a fallacy. In reality, valuations in African countries differ significantly, challenging the preconceived notions of Western investors.
04 September 2023
- People link addiction with substances, neglecting how certain behaviors, like excessive tech use, can also be powerfully addictive. People of all ages, from adults to teenagers to children, are increasingly compelled to be constantly connected…
04 September 2023
- Global smartphone shipments are poised for a significant decline, plummeting by 4.7% year over year in 2023. This decline is expected to bring total shipments to 1.15 billion units, marking the lowest volume seen in a decade, according to an…
04 September 2023
- Managing your Gmail inbox can sometimes be overwhelming with all the emails you receive.
Archiving emails in Gmail lets you tidy up your inbox without permanently deleting your messages. Instead, you're moving them away to an archive folder until…
04 September 2023
- Africa has been relatively slow in embracing electric vehicles (EVs), primarily due to a lack of adequate charging infrastructure.
Data paints a stark picture of a point zero percentage number of registered EVs across the continent. South Africa…
04 September 2023
- These tough economic times can make life unbearable, squeezing the joy out of living. That is until I heard about...
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04 September 2023
- There’s no doubt that the insurance sector has come a long way in recent years. Not long ago, hearing from your insurer more than once a year, usually during policy updates, was considered lucky. Unless a claim was needed, insurers were rarely top…
04 September 2023
- Jumia, Africa’s ecommerce giant is floundering. Is social commerce—which is taking over Asia—an opportunity worth pursuing?
04 September 2023
- Ahead of Starlink’s anticipated launch in Zimbabwe, the country’s authorities have alerted users and distributors that they might violate the law if they operate without the necessary licenses. Zimbabwe’s overseeing body for communications, the…
04 September 2023
- On Friday, the Kenyan administration disclosed its strategy to introduce electric motorbikes nationwide. President William Ruto, in collaboration with the African startup Spiro, made this announcement just a few days before the inaugural Africa…
04 September 2023
- X, which was once Twitter, has successfully acquired money-transmitting licenses in seven states within the US.This license permits the platform to operate as a money service business (MSB), enabling it to handle international transactions.This…
04 September 2023
- This week, Kenya is on the stage for a paramount climate event, aiming to present Africa as a potential epicenter for sustainable energy. This conference is the precursor to several significant global gatherings leading to essential UN…
04 September 2023
- Safaricom has unveiled plans to introduce standing orders for its mobile money service, M-Pesa users. This initiative positions M-pesa as...
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04 September 2023
- While forging one’s path seems noble, in the business world, statistics affirm the value of partnerships. For instance, Microsoft derives 95% of its commercial revenue through its partner ecosystem, while a Harvard Business Review report reveals…
04 September 2023
- mPharma, the Ghanaian startup that manages prescription drug inventory for pharmacies and their suppliers, has laid off some members of its workforce. About 150 employees—40 in Nigeria—were affected by the layoffs
04 September 2023
- Neil Colquhoun has been appointed as the new President, Epson EME, after more than a decade with the company. EME...
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04 September 2023
- The first of its kind for Uber in Africa, the debut of Electric Boda in Kenya marks an important step forward in the development of environmentally friendly transportation across the continent. With the introduction of electric motorcycles, the…
04 September 2023
- MEST Africa has announced the launch of the fifth edition of the MEST Africa Challenge, with the winner receiving $50,000 in equity capital, international recognition, and membership in MEST Africa’s lifelong supportive community. The MEST Africa…
04 September 2023
- IFC, a unit of the World Bank, has started accepting applications for its She Wins Africa program, which intends to provide networking opportunities, training, mentoring, and guidance to help up to 5,000 women-led enterprises flourish. She Wins…
04 September 2023
- Google for Startups Accelerator: AI First, a program that supports African startups intending to apply artificial intelligence to address regional issues, is now accepting applications. The most recent Google for Startups program in Africa…
04 September 2023
- LemFi, a global fintech platform revolutionizing the financial services for immigrants, has raised a $33 million Series A funding round led by Left Lane Capital. Y-Combinator, Zrosk, Global Founders Capital, and Olive Tree were among the other…
04 September 2023
- Since its public debut one year ago, Anchor has processed more than $550 million.
04 September 2023
- The TechCrunch Disrupt Startup Battlefield 200 is set to take place later this month in San Francisco. The event is scheduled for September 19 through to September 21 and will see two Kenyan startups showcase...
The post Two Kenyan Startups…
04 September 2023
- By the year 2050, the global population is projected to surpass 9 billion, presenting a substantial challenge in ensuring an adequate food supply for everyone. Addressing this imperative, the agricultural sector must undergo a remarkable…
04 September 2023
- According to the African Development Bank (AfDB), cross-border banking has emerged as a critical feature within Africa’s financial landscape. It not only facilitates transactions across regions for individuals but also plays a pivotal role in…
04 September 2023
- South Africa's ICASA approves broadcasters' spectrum license amendments, preparing for analog TV switch-off in key frequencies.
04 September 2023
- Sahr Kpundeh takes the helm as World Bank's Country Manager for Rwanda, focusing on partnership and development.
04 September 2023
- Afreximbank and UAE Trade Center partnership boosts TRADAR Club, offering trade intelligence and support for Africa.
04 September 2023
- FME and UNICEF celebrate 500,000 users on Nigeria Learning Passport, shaping a digital education future for Nigeria.
04 September 2023
- Rand Merchant Bank arranges $47M funding for GZ Industries, a top African beverage can manufacturer, fueling regional growth.
04 September 2023
- Lincolnshire, UK-based FruitCast, a startup that offers yield forecasting services for soft-fruit growers, announced that it has secured £2.8M in a fresh round of funding. In 2022, Ceres Agritech provided £520K in initial funding to FruitCast to…
04 September 2023
- Gothenburg-based Adsorbi, a startup that is developing bio-based materials for air pollutant and odour removal, announced that it has secured €360K in a seed round of funding from Metsä Spring, Chalmers Ventures, and Jovitech Invest. The company…
04 September 2023
- Oslo-based Gire Mobility, a B2B marketplace for flexible on-demand car transportation, announced that it has secured NOK 20M (approximately €1.7M) in a new funding round led by Schibsted Ventures with Møller Mobility Group and Semler Mobility. Out…
04 September 2023
- Helsinki-based SaaS startup Videobot announced that it has secured €2M in a seed round of funding from Superhero Capital, Expon Capital Digital Tech Fund, and angel investors Urban Gillstrom and Ari Korhonen. The Finnish company says it will use…
04 September 2023
- Rotterdam-based Valyuu, a circular platform for pre-owned electronics, announced that it has secured €2.4M in a fresh funding round led by Rubio Impact Ventures and Slingshot Ventures. Other participating investors include US-based Techstars,…
04 September 2023
- Sweden-based Novatron Fusion Group, a company focused on fusion energy, announced that it has raised €5M in a seed round of funding led by Climentum Capital. The round also saw participation from Industrifonden, Santander InnoEnergy Climate Fund,…
04 September 2023
- Devolut, a startup focused on streamlining the returns process for online sellers in Latin America, has secured USD $600,000 in a pre-seed financing round. Various investment firms, including Seedstars International Ventures and FJ Labs, back the…
04 September 2023
- Leadsales, a Mexican tech startup, raised USD $3.7 million in an initial funding round led by Ulu Ventures and Blue Pointe Ventures. The funding will be used for new hires and to expand into the Brazilian market, where WhatsApp is highly popular…
