02 May 2023
- In April 2023, African startups raised $129.8 million across 23 fully disclosed* deals. Compared to April 2022, this is a 68% decline. It is, however, a significant increase from March 2023 when the total amount raised was $66 million. Here's April's…
01 May 2023
- Dubai-based online procurement platform, Eighty6, has raised $3.7 million in a seed funding round that was led by Sanabil 500 MENA Seed Accelerator Fund, GCC family offices, and strategic investors.The platform's goal is to reduce time spent on…
01 May 2023
- Lagos State Governor Babajide Sanwo-Olu has announced the introduction of the first set of electric buses in the Lagos Mass Transit Master Plan, in partnership with Oando Plc.With the ability to travel 280km at full charge, the new electric buses are a…
01 May 2023
- Metaverse Magna (MVM), a gaming guild that started as a Play to Earn (P2E) platform during the 2021 crypto bull market, has evolved into a social gaming and eSports platform called Hyper.The pivot was prompted by the bearish crypto market and the…
01 May 2023
- Huawei Technologies has launched its latest cyber security service targeting the Kenyan private and public sectors deepening the use of cloud storage solutions and artificial intelligence systems amid escalating cyberattacks. Known as Ransomware…
01 May 2023
- Last year, @Tech4DevHQ's Women Techsters Fellowship graduated 847 women from 15 African countries after accepting 1,398 participants from 14,782 applications. This year, the organisation is going a step further by extending its footprint into 22 African…
01 May 2023
- Amazon’s Q1 2023 earnings call and release on Thursday made no mention of India, marking a notable departure from the company’s consistent focus on the South Asian market’s rapid growth and bullish outlook.This is the first time since early 2014 that…
01 May 2023
- OpenAI, the AI startup that developed ChatGPT, has raised over $300 million in a funding round led by venture capital firms including Tiger Global, Sequoia Capital, Andreessen Horowitz, Thrive, and K2 Global.This comes after Microsoft invested $10…
01 May 2023
- Indonesia's biggest tech company, GoTo has reported a 40% narrower quarterly loss of 3.86 trillion rupiah ($262 million) in the first quarter of 2021 than from a year ago.The figure is an improvement over a loss of 6.6 trillion rupiahs ($448 million)…
01 May 2023
- India's largest edtech startup, Byju's, and its founder Byju Raveendran, are under investigation by the Enforcement Directorate (ED), the country's crime-fighting agency.According to the ED, the agency conducted searches at three premises of Byju's and…
01 May 2023
- Global smartphone shipments declined by 14.6% YoY to 268.6 million units in Q1 2023, marking the seventh consecutive quarter of decline, according to preliminary data from the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker…
01 May 2023
- Zipline, the drone delivery startup that specializes in medical supplies and blood, is now valued at $4.2 billion after raising $330 million in a Series F funding round. retaThe company, based in South San Francisco, was able to raise the funds despite…
01 May 2023
- In partnership with the National Bank of Angola (BNA), the pan-African mobile network operator Africell has started its “Afrimoney” mobile money service in Angola. This move comes after a pilot phase, and Africell thinks that the new platform will “…
01 May 2023
- According to a study by International Data Corporation (IDC), workstation shipments in Europe, the Middle East, and Africa (EMEA) dropped sharply in the second half of 2022. This was because there was a lot of business uncertainty at the time. But as…
01 May 2023
- Spleet, a Nigerian proptech firm, has partnered with Repit, a rental support specialist based in the United Kingdom. Repit helps people move by assisting them in finding a place to live, arranging viewings, helping with references, negotiating…
01 May 2023
- The African Development Bank and AFRICA Fintech Network have signed a partnership agreement for a $525,000 grant to set up the Africa Fintech Hub (www.AfricaFintechNetwork.com). This online portal will be a one-stop shop for all fintech activities in…
01 May 2023
- Safaricom and M-PESA Foundations have invested over Kshs.355 Million to make contributions towards achieving sustainable development goals.
01 May 2023
- DFS Lab and Stellar Development Foundation have launched the DFS Lab Stellar Africa Fund I.
01 May 2023
- In the March 2023 edition of EdTech Mondays Kenya, we explored foundational literacy and numeracy: a child’s ability to read basic texts, write clearly and solve basic mathematics problems such as addition and subtraction. We explored how technology can…
01 May 2023
- In the February 2023 edition of EdTech Mondays Kenya, we explored the topic of the mainstreaming of hybrid models of learning as a means of ensuring that all learners in Kenya can be accommodated in a learning environment that can be in-person or…
01 May 2023
- Pest control has long been a challenge for homeowners, businesses, and governments around the world. Pests such as rodents, insects,…
The post How Technology is Transforming Pest Control appeared first on TechMoran.
01 May 2023
- NEAR Protocol, the open-source and climate-neutral blockchain, has officially gone live as a Blockchain Operating System (BOS), which makes Web3 usable for all. BOS is a revolutionary, industry-first category, that establishes the NEAR Protocol as the…
01 May 2023
- Omantel has awarded contracts to Omani freelance entrepreneurs to support SMEs and freelancers in Oman.
01 May 2023
- Rectron has purchased the FusionSolar Smart String Battery Energy Storage System (ESS) for their Head office in Midrand, Johannesburg from Huawei.
01 May 2023
- Ooredoo and Cisco have come together to help further advance Ooredoo's ICT offerings.
01 May 2023
- The Samsung Galaxy A54 is a mid-range phone that offers flagship looks for a reasonable price. Its design is similar to the more expensive Galaxy S23, but it is taller, wider, and thicker due to its larger 6.4-inch screen. The device comes in four color…
01 May 2023
- The Supreme Court of Kenya has approved the use of DMS, a software that allows Kenyan authorities monitor data from mobile devices in order to ban counterfeit ones. Many are concerned that the spyware will be misused.
More in #TCDaily by @timiodueso.
30 April 2023
- We highlight five of the most interesting African private equity and venture capital investments that came across our desk in April.
30 April 2023
- A new report by the International Data Corporation (IDC) says that the Middle East and Africa (MEA) region will spend $30.3 billion on IT and business services in 2023. This is a 5.0 percent increase from the $28.9 billion spent in 2022. A study says…
30 April 2023
- Kenya, a stunning country with diverse cultures and landscapes, has seen significant growth in the motorcycle community in recent years. Motorcycles have become a popular mode of transportation due to their low cost, ease of use, and versatility.…
30 April 2023
- Capria Ventures, a venture capital company focusing on early-growth startups in the Global South, has announced the first close of its $100 million Fund II. The fund intends to invest in 20-25 technology businesses in Africa, India, Southeast Asia,…
30 April 2023
- Safaricom, in partnership with the Football Kenya Federation (FKF) has launched the fourth edition of the Safaricom Chapa Dimba football tournament after a three-year hiatus. Speaking during the launch, Safaricom CEO Peter Ndegwa stated that the telco…
29 April 2023
- realme has launched realme C55 in the East African market . The phone comes as “a champion of the segment”,…
The post realme Launches realme C55 Smartphone in Kenya appeared first on TechMoran.
29 April 2023
- BudPay, the payment infrastructure company offering payment services to businesses in emerging markets has revealed plans to host a fintech hackathon in Nairobi. The hackathon dubbed FINTECHATHON will be hosted on May 6th, 2023 from 9 am to 6 pm at…
29 April 2023
- Roqqu, a Nigerian cryptocurrency exchange platform has received a regulatory approval to operate in South Africa allowing its users to deposit…
The post Nigeria’s cryptocurrency platform Roqqu receives regulatory approval to operate in South Africa…
29 April 2023
- CFK Africa, an international nonprofit with offices in Kenya and the U.S., has been chosen as one of 10 global…
The post CFK Africa Partners With MIT to Improve Educational Outcomes in Kenya appeared first on TechMoran.
29 April 2023
- Black or White Concepts, a Dubuy-based provider of innovative technology solutions has launched BizBot. -a revolutionary system that utilizes the full potential of…
The post Mena-based Black or White Concepts launches WhatsApp-based booking system…
29 April 2023
- When it comes to fashion and sports, the two worlds often collide to create unique and stylish trends. As technology…
The post <strong>Techwear Meets Soccer: The Future of Sportswear Is Here</strong> appeared first on TechMoran.
29 April 2023
- MTN Group has launched MTN Skills Academy in Zambia which is aimed at addressing the digital skills gap in Africa.The academy which was…
The post MTN Launches Skills Academy in Zambia to empower youth and bridge digital skills gap appeared first on…
29 April 2023
- The MD Research & Group Chief Economist leads a team of initiative-taking professionals to foster and produce innovative analytical research.
29 April 2023
- The crisis in Sudan is getting worse with reports of internet shutdowns across the country.
29 April 2023
- The MD Finance & Group Chief Financial Officer’s primary objective is to develop, implement, align, and control the Group’s financial strategies with the overall strategy of the Group.
29 April 2023
- We're a professional services firm, we are a supplier, so if the market changes, we have to change with the market,” says Wimbart CEO, Jessica Hope.
28 April 2023
- In recent years, cryptocurrency has gained popularity, and it is now a widely held asset class. It’s swiftly gaining traction as a trusted, transparent and cost-effective means of transacting in the world’s financial markets. Thus, cryptocurrency has…
28 April 2023
- Logicom Distribution and HPE Aruba Networking are expanding their successful partnership to include Ethiopia, Ghana, Rwanda, Tanzania, and Uganda. The...
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28 April 2023
- Kenya has marked a historic milestone as a new grain handling and storage terminal has been launched in Embakasi, Nairobi....
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28 April 2023
- The Japanese government has announced it is providing subsidies, amounting to as much as $1.8 billion, to fund several storage battery and chip-related projects in the country. This move which is part of the country's efforts to increase supply chain…
28 April 2023
- South Korean electronics giant Samsung’s operating profit plunged in the first quarter as prices for its memory chips continued to fall and demand remained weak.The company reported an operating profit of 640 billion Korean won (roughly $478.55…
28 April 2023
- It might surprise you to know that although Apple's flagship brand – the iPhone – can only boast of a small portion of Nigeria's smartphone market (with less than 10% as of 2021), a large number of people in the country and across Africa own an
28 April 2023
- Sun King, an off-grid energy company, has acquired PayGo Energy, a pay-as-you-go technology innovator for clean cooking, to help families in Africa and Asia shift from wood and charcoal cookstoves to cleaner and safer alternatives.Sun King aims to…