21 February 2023
- realme confirmed this week the upcoming release of its next-gen flagship realme GT3 which will feature a world-leading 240W fast charging. Powering this industry innovation is realme continuous investment in R&D resources. The brand has now…
21 February 2023
- Naked announced a $17 million Series B last week to digitise insurance in South Africa.
21 February 2023
- Digital lending firm, Tala, is planning to soon open up for possible partnerships within the financial technology sector in Africa....
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21 February 2023
- Sometime last week, telco Safaricom hosted its first-ever investor day event with the aim of updating its stakeholders on the company’s journey to becoming a purpose-led technology company by 2025. The hybrid event, which was attended by over 100…
21 February 2023
- Netflix has announced a reduction in prices for its subscription plans in Kenya. The move is aimed at making its services more accessible to Kenyan audiences, especially in a time where streaming has become the...
21 February 2023
- TikTok launched an election hub for Nigeria's upcoming election. Three days to D-day, I decided to use it to see what it’s like. Here is how it went.
21 February 2023
- Global provider of critical digital infrastructure and continuity solutions, Vertiv ,today introduced the Vertiv™ Liebert® GXE, an online double-conversion single-phase...
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21 February 2023
- End-user security training has traditionally been an important aspect of cybersecurity efforts, as it aims to educate and empower employees to identify and prevent potential threats. However, with the advancement of artificial intelligence (AI),…
21 February 2023
- Yodawy, an Egyptian digital healthcare startup, has raised US$16 million in the first close of its Series B funding. The company has pioneered a pharmacy benefit management platform in the MENA market by combining technology, experienced…
21 February 2023
- Know Your Customer (KYC) technology and Consumer Analytics company, QoreID has announced the appointment of Diana Aba Yorke as its new Country Manager in Ghana. Diana brings a wealth of experience and knowledge to her new role having worked in…
21 February 2023
- Ride-hailing app inDrive has secured $150 million in a debt funding round from General Catalyst to develop new business verticals.Founded in Russia, but with a now established base in the US, inDriver is a global mobility and urban services…
21 February 2023
- Jumba, Kenya’s construction startup has raised $4.5M in a seed funding round. The startup facilitates retailers of construction materials to restock and real estate developers to access the supplies they need for their projects. Jumba was launched…
21 February 2023
- Mintoak, a SaaS platform that provides merchant services in India and other markets, has raised $20 million in a Series A round led by PayPal Ventures, bringing its total raise to date to $25.8 million. Founded in 2017, Mintoak offers a Software-as…
21 February 2023
- Flance, an employee benefits company serving Africa’s gig economy, has announced a collaboration with leading ride-hailing platform Bolt that provides Bolt drivers in Nigeria with access to discounted healthcare plans. Through this collaboration,…
21 February 2023
- Apple continues to lead the US smartphone market in the third quarter of 2022 as the market recovered from semiconductor shortages witnessed in 2021, according to the latest research by the market intelligence Counterpoint.Smartphone shipments in…
21 February 2023
- Crypto-focused quantitative hedge fund, Galois Capital, has announced its closure and will be returning its remaining money to investors, according to documents seen by the Financial Times.Galois Capital had managed approximately $200m in assets…
21 February 2023
- Microsoft is reportedly planning to integrate artificial intelligence technology into Windows 11 in the next few years to bolster the utility and overall user experience, a report by Windows Central said.This comes as the company has already said…
21 February 2023
- As the world moves away from fossil fuels, the Middle East and North Africa (MENA) region, particularly the GCC countries, are increasingly pushing towards technology and green solutions.MENA countries are committing to net-zero efforts, with Saudi…
21 February 2023
- The Baobab Network, a Nairobi-based accelerator that invests in early-stage tech companies across Africa, has announced its latest cohort of five investees, each of which secures US$50,000 in funding. The Baobab Network has been accelerating…
21 February 2023
- Terraa, a Moroccan B2B tech-enabled food distribution platform, has raised $1.5 million in pre-seed funding in a round led by FoodLabs, a European early-stage VC investor and venture studio for food, sustainability, and health. Other participants…
21 February 2023
- Rwanda plans to connect 3,000 schools to the internet by 2024. This was revealed by Paula Ingabire, the country’s Minister for ICT and Innovation. According to Ingabire, the project will be made possible through financing from China Exim Bank and…
21 February 2023
- Jumba, a Kenyan construction tech platform that simplifies B2B purchase and financing of construction material has secured $4.5 million in a seed…
The post Kenyan Construction Technology Startup Jumba Secures $4.5m to scale its operations…
21 February 2023
- The Angolan Government has announced that they are going to be investing US$89 Million towards the implementation of a new National Cloud Project.
21 February 2023
- Four months after Safaricom got its license, they are now planning to launch its M-PESA services in Ethiopia.
21 February 2023
- Kakuzi Plc has confirmed plans to double Avocado exports to China following an engagement with Dalian Yidu Group a major Chinese importer of fresh fruits and vegetables. Nairobi Securities Exchange...
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21 February 2023
- Business intelligence firm, Pathways International Ltd, extended its services to Africa by opening an office in Kenya, and will now...
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21 February 2023
- Nairobi has welcomed its newest ride-hailing company known as Showfa, which will compete for the same cake with brands such as Bolt, Uber, Little Cab inDriver, Yego, Wasili among others. Showfa is promising a different model of operation where…
21 February 2023
- stc has announced a relief in terms of technology and medical assistance for the victims of the recent earthquake in Turkey and Syria.
21 February 2023
- Huawei Technologies Co chief financial officer Meng Wanzhou, daughter of company founder and chief executive Ren Zhengfei, is expected to take her turn as “rotating chairwoman” in the company from April, according to local media reports, signaling…
21 February 2023
- Germany-based APK, a company that specializes in a unique solvent-based recycling technology for low-density polyethylene (LDPE), announced that it has raised nearly €130M in a fresh round of funding. The investment came from London-based …
21 February 2023
- Netherlands-based Solarix, a startup that designs and supplies innovative coloured solar panels for facades, announced that it has secured €900K investment from ROM InWest, the regional development agency in North Holland, The Netherlands. ROM…
21 February 2023
- Safaricom has held its first investor meeting in a bid to update stakeholders on its journey to become a purpose-led technology company by 2025. The hybrid investor day themed “Driving...
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21 February 2023
- Vertiv has announced the launch of Vertiv Liebert GXE, a New Single-Phase Uninterruptible Power Supply in Europe, Middle East, and Africa.
21 February 2023
- MDXi Appolonia, the data center subsidiary of MainOne has announced that they have received its Tier III Constructed Facility certification.
21 February 2023
- Zurich-based Nanoflex Robotics, a company that provides advanced medical robotic interventions for treating ischemic stroke, announced that it has raised over €11.23M in a Series A round of funding. The medtech startup says it will use the funds to…
21 February 2023
- In July 2022, the Communications Authority of Kenya (CA) announced IPv4 to IPv6 migration strategy. Here is a recap of what IP (Internet Protocol) is. IP is a protocol that enables computers or devices to communicate with each other over a network…
21 February 2023
- Utrecht-based Red Kubes, the creator of Kubernetes production-ready platform Otomi, announced that it has secured €1.1M in a Seed extension round of funding from VC firm Capital Mills. The Dutch company says it will use the funds to accelerate…
21 February 2023
- Geneva-based Taurus, a company developing market infrastructure for digital assets, announced that it has secured approximately €60.4M in a Series B round of funding led by Credit Suisse. Deutsche Bank, Pictet Group, Cedar Mundi Ventures, and…
21 February 2023
- Paris-based Defthedge, an application addressed to business leaders and CFOs facing the volatility of the foreign exchange market, announced that it has raised €900K in its ‘second’ round of funding. The investment was finalized with business…
21 February 2023
- Latvia-based Trace.Space, a SaaS startup building AI-powered tools for engineering product development, announced that it has raised €1.3M in a Pre-Seed round of funding led by Fiedler Capital. Nebular, Tiny VC, Foreword VC, Microsoft’s former GM…
21 February 2023
- Netflix is finally making the service affordable for its customers in Kenya and across Sub-Saharan Africa. The streaming giant has announced new price charges for the region that it says are taking effect immediately. Netflix says the goal for…
21 February 2023
- Less than a year after its launch, Kenyan B2B construction tech startup Jumba has secured clients in major regions of the East African country, a tell-tale of the growth it has experienced over the last 10 months. Jumba, which enables construction…
21 February 2023
- For a phone with only 1GB RAM, you'll wonder why it costs an arm and a leg. Read about the most expensive phone in the world and its price tag.
21 February 2023
- COREangels, a global community of angel funds and angel investors has launched the COREangels MEA to target investments in early-stage startups in…
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21 February 2023
- One of Africa’s largest convening on impact entrepreneurship and sustainable development, the Sankalp Africa Summit, promises to positively engage over 1,500 different stakeholders from across the development sector ecosystem, to...
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21 February 2023
- Bolt, a popular global mobility app, has recently announced its plans to invest over $500 million in Africa over the...
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21 February 2023
- Realme C33 Review: I have always been a huge fan of realme C series devices. The last couple of months has seen the company bring a number of these budget phones into the market and I am lucky to have used some of them. In 2022, the company…
21 February 2023
- African agri-tech startups have been invited to apply for the GROW Impact Accelerator, which aims to accelerate wide-ranging solutions for how we produce, process, package, transport, consume, and dispose of our food. The GROW Impact Accelerator,…
21 February 2023
- Netflix has adjusted its pricing for its services in Kenya and Sub-Saharan Africa. The video streaming platform is one of the most popular video-on-demand platforms in Africa due to its rich collection of films and TV shows, despite some geo-…
21 February 2023
- Entrepreneurial talent is equally distributed around Africa, and among men and women, but financial opportunity is not, as such investors should operate with intentionality and ambitious targets to counteract this inequity, says Fatoumata Bâ,…