03 April 2023
- Camel Ventures, based in Egypt, has revealed the launch of Camel Ventures for Investment I, its first venture capital investment vehicle. (CVI). The EGP 500 million (about $16 million) fund finances the country’s fintech startup ecosystem. It does…
03 April 2023
- To address this gap, Moni has built a risk engine that combines financial data and business performance with social intelligence to enable more effective credit decisions for African SMEs Starting with Nigeria, small company owners with an excellent…
03 April 2023
- We highlight five of the most interesting African private equity and venture capital investments that took place in March.
03 April 2023
- Germany's data protection commissioner, Ulrich Kelber, has warned that the country may follow Italy's lead and block ChatGPT, an artificial intelligence-powered chatbot developed by OpenAI, due to concerns over data security.The Italian data agency…
03 April 2023
- Hiring a dedicated development team is a crucial aspect of software development for businesses of all sizes. In today’s rapidly…
The post How to Successfully Hire a Dedicated Development Team appeared first on TechMoran.
03 April 2023
- The 5G network revolution is a guarantee of a higher internet speed and exposure to new opportunities that can be leveraged in the coming years. It is certainly an evolving technology that is beginning to gain access to the market and as a result, it…
03 April 2023
- DMI Finance, an Indian digital lending company, has announced the closure of a $400 million equity investment round led by Mitsubishi UFJ Financial Group, Inc. through its consolidated subsidiary MUFG Bank.The round also saw participation from…
03 April 2023
- Safaricom has announced a drop in the prices of its 4G Wi-Fi routers by 40%. This makes the Safaricom home WI-FI one of the most competitive products in the market as internet continues to shape and influence modern living. In a raft of changes, aimed…
03 April 2023
- Egypt-based Camel Ventures has announced the launch of its first venture capital investment vehicle, Camel Ventures for Investment I (CVI).The EGP 500 million (around $16 million) fund is focused on financing the country's fintech startup ecosystem,…
03 April 2023
- Total funding in the Indian health-tech sector witnessed a 55% plunge from $3.2 billion in 2021 to $1.4 billion in 2022, as investors across the globe become more cautious amid the current macroeconomic conditions, and rising interest rates, according…
03 April 2023
- Moni, a digital platform that leverages social trust and group responsibility to deliver financial services in Africa, has launched a new range of business loans aimed at small business owners in Africa.The platform utilizes community finance to…
03 April 2023
- MFS Africa has teamed up with Access Bank, Nigeria’s largest bank, to broaden the remittance corridors of AccessAfrica, which enables customers to easily transfer and receive money worldwide from loved ones and business associates. This...
03 April 2023
- Cellulant has announced the launch of a comprehensive payments infrastructure that aims to revolutionize how businesses in Africa make and receive payments. The move comes as the payments market in Africa is experiencing rapid growth,...
03 April 2023
- The Connected Summit 2023 kicked off on Monday with ICT stakeholders from Kenya and worldwide converging in Kwale to discuss...
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03 April 2023
- Most business owners are concerned about growing their bottom line; however, if your business is built on an outdated website,…
The post <strong>Grow Your Web Development Business with These 5 Simple Strategies</strong> appeared first on…
03 April 2023
- Oxfam Novib and Goodwell Investments have announced Pepea, a new EUR 20 million fund to support early-stage growth companies in East…
The post Oxfam Novib & Goodwell investments launch Pepea, a EUR 20 million fund to support East African startups…
03 April 2023
- Some of the major deals announced in the Africa ecosystem in Q1 include Planet42’s $100 million combination of debt and equity raise in February, Lulalend’s $35 million raise, and Carry1st’s $27 million raise.
03 April 2023
- Kenya's animation industry is rapidly growing, with several startups emerging in recent years. These companies are not only producing high-quality animations but also creating employment opportunities for the country's youth
The post 7 best animation…
03 April 2023
- Passenger electric vehicle (EV) demand across the Southeast Asia region is increasing gradually, however, sales remain relatively low compared to global EV sales constituting just 0.5% of the global total for 2022, according to a Counterpoint report.…
03 April 2023
- ByteDance, the parent company of TikTok and Douyin, reported a revenue growth of over 30% in 2022 to surpass $80 billion, The Information reports citing two people with knowledge of the figure.This growth puts ByteDance almost on par with its rival…
03 April 2023
- LG Electronics East Africa has announced a significant price reduction of up to 21% on select refrigerators and washing machines ahead of the Easter season. The price cut will be applicable between March 27th, 2023...
03 April 2023
- Writing can be an extreme sport. Most times, it requires commitment and discipline and can leave you exhausted, mentally stressed, and other issues related to writing.Some days ago, I saw a tweet that highlighted some of these pain points and further…
03 April 2023
- Ariob, an incubation programme aimed at launching African-centered startups into blockchain ventures, is graduating its first cohort tomorrow (April 4). The programme, a collaboration between leading decentralised technology solutions provider Input…
03 April 2023
- Avanti Finance, a Bengaluru-based non-bank finance company (NBFC), has received a $24 million funding cheque in a Series B round to support its “smallholder ecosystem” strategy, which focuses on providing data-driven finance solutions to smallholder…
03 April 2023
- MFS Africa, a leading digital payments network in Africa, has partnered with Access Bank, one of Nigeria’s largest banks, to expand AccessAfrica remittance corridors.According to a statement seen by Techloy, the partnership aims to provide simplified…
03 April 2023
- After launching 5G in three neighbourhoods in Nairobi, Safaricom is expanding the network to other towns in the country. The telco launched 5G in Thome, Mirema and Kinoo 87 in Nairobi and now some parts of Nakuru and Naivasha have access to 5G.…
03 April 2023
- Internet privacy and security have been major concerns over the years, especially with the endless list of cyberattacks across the internet.For instance, the Asia-Pacific region recorded the highest number of cyberattacks in 2022. This has raised…
03 April 2023
- Payment technology company, Cellulant, aims to change how businesses in Africa make and receive payments by introducing online and offline...
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03 April 2023
- Read now the TechAfrica News Insights from MWC Barcelona 2023
03 April 2023
- Online lenders Moni has announced a new range of business loans that will enable market traders, spare part dealers, textile traders, and other small business owners in Africa to take advantage of the power of their communities to access the working…
03 April 2023
- In an increasingly digital economy, accelerated by the Covid-19 pandemic, there has been greater collaboration between the private sector and governments in Africa to further the continent’s digital and financial inclusion agenda. Financial inclusion…
03 April 2023
- MFS Africa, a digital payments network operating in over 35 African countries, has partnered with Access Bank, the largest bank in Nigeria that operates in 17 markets. The partnership aims to expand AccessAfrica’s remittance corridors, which is a…
03 April 2023
- The 12th Edition of the Connected Kenya Summit has kicked off. Officially, it began yesterday (April 2), but the press, major guests, and sponsors arrived today. It was officially opened by Prime Cabinet Secretary Musalia Mudavadi, who was also…
03 April 2023
- The Rwandan Prime Minister, Edouard Ngirente has earmarked Rwf500 Million to address the network and connectivity at the grassroot level.
03 April 2023
- Prime Cabinet Secretary Musalia Mudavadi has reiterated the government’s commitment to promoting technology and innovation in the country by supporting local startups. Speaking at the Connected Kenya Summit, which kicked off today in Diani Kwale…
03 April 2023
- Prime Cabinet Secretary Musalia Mudavadi has reiterated the government’s intention to promote technology and innovation in the country by supporting local startups. Speaking at the Connected Kenya Summit, which kicked off today in Diani Kwale County,…
03 April 2023
- Vodacom Lesotho has announced that the deadline for the registration of all active SIM Cards is 23rd June 2023.
03 April 2023
- An age of innovation awaits us if entrepreneurs invest in finding and putting the complementary partnerships of B2B2C business models to work.
03 April 2023
- Airtel Tanzania and Letshego Bank have launched, "Vimba an Timiza Akiba Ushinde", a digital savings campaign.
03 April 2023
- Twitter was used to verify users after they met specific criteria from various backgrounds. Although some have even referred to the process as biassed, it was occasionally opaque
The post Top Twitter celebs who said the $8 blue verified badge is not…
03 April 2023
- The 12 startups chosen were GroIno, Gokaden, Paramedic, Retco, BlueDove, Deepleaf, PopCard, Matricis.ai, Tinkiet, Exwayz, Entroview, and Qaal. The startups being incubated are either from Africa or Europe. They were started by Moroccans who want to…
03 April 2023
- Kenya’s biggest, government-backed technology event, the Connected Summit officially kicked off today April 3, 2023, bringing together regional and global…
The post Connected Summit 2023 to Play Key Role in the Formation of “A Connected Africa”…
03 April 2023
- The International Development Association (*IDA) will pay for the Mozambique Access to Finance and Economic Opportunities Project (Mas Oportunidades) with a $300 million credit accepted by the World Bank Board of Directors yesterday. The project will…
03 April 2023
- On March 30, 2023, Kenya’s President William Ruto said that as of July 1, 2023, startups based in Kenya would not have to pay taxes on unrealized gains. The president said this at the American Chamber of Commerce Regional Business Summit held at the…
03 April 2023
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03 April 2023
- Ooredoo has renewed its contract with beIN Media Group to provide global media network connectivity between Doha and France.
03 April 2023
- TECNO has opened up pre-orders for its first foldable in the country – the Phantom V Fold. The tech company is slated to introduce the phone to the Kenyan market later this month after its debut at MWC 2023. The Phantom V Fold is set to compete with…
03 April 2023
- Earlier this week (29 March 2023), two African early-stage companies came out tops at the grand finale of the world’s biggest independent competition for startups. The rise of the African techpreneur on the global stage was evident in the announcement…
03 April 2023
- Kenya Connected Summit 2023 has brought together stakeholders in the information and communication technology (ICT) sector. During the opening of the summit, speakers talked about the strides that have been...
The post Key Talking Points at the Kenya…
03 April 2023
- Foldable phones have been on the market for a few years now, and according to a press release by International Data Corporation (IDC), they are gaining popularity at an impressive rate. IDC has projected that...