15 June 2022
- Kenya’s financial services sector, in particular its banking, is the largest, fastest-growing, and most mature in East Africa. This means...
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15 June 2022
- Africa Data Centres, part of the Cassava Technologies Group, a pan-African technology group, is pleased to announce building a second data centre in Cape Town, South Africa. The new 20MW facility will cover 15,000 square meters in eight data halls and …
15 June 2022
- The federal government of Nigeria has proposed new regulations that will apply to social media sites like Facebook, Twitter, and Instagram as well as any other social media platform that is currently active in the country. Regulating the social media…
15 June 2022
- Photoshop wants to reach out to more people and will utilize the freemium model. While skilled users laud the number of features and quality of tools available in Adobe’s program, Photoshop remains a costly option for many people. Adobe may have…
15 June 2022
- Launch Africa Ventures, an early-stage venture capital firm, has made its 100th investment, making it the most active investor in African tech businesses, and has completed its first fund at $36.3 million. Fund 1 announced its 100th investment at the…
15 June 2022
- Users of WhatsApp now have the option to utilize the Move to iOS software from Apple to move your discussion chat history, images, videos
15 June 2022
- Egyptian startup DXwand, an omnichannel conversational AI and digital assistant tool, has closed a pre-Series A funding round of US$1 million to expand across the region and accelerate its AI research. DXwand has built a Conversational AI application…
15 June 2022
- The World Bank’s private sector arm, the International Finance Corporation (IFC), wants to invest up to €25 million ($26.43) in Partech Africa Fund II (PAF II), a Paris-based venture capital firm. In its disclosures, the IFC stated that it intends to…
15 June 2022
- DXwand, an Egyptian company that offers conversational artificial intelligence (AI) solutions, has raised $1 million in a pre-series A round. Huashan Capital, based in Shanghai, led the funding round. Angel investors Mohsen Abulleil and Ahmed Bakeer…
15 June 2022
- The Global Startup Awards is holding its first Africa Summit in Cape Town, South Africa at the Cape Town International Convention Centre.
15 June 2022
- Virridy has raised $5.5 million in Series A funding to help expedite the development and implementation of its satellite-connected sensors for water, energy, and agricultural resource management. Existing investors FHI 360, Cleo Capital, Reverent Rock…
15 June 2022
- Getting paid for work is not an easy task in Nigeria. There’s always some sort of issue with the structures of the banks; it can be transferring money from one account to another or even withdrawing a relatively small amount. Sometimes, obtaining a…
15 June 2022
- Flutterwave has announced the appointment of Oneal Bhambani as its new Chief Financial Officer (CFO) Bhambani joins the Nigerian fintech startup from American Express and Kabbage where he managed fintech products. Kabbage is a subsidiary of American…
15 June 2022
- GOMYCODE, a Tunisian ed-tech firm, recently closed an $8 million Series A investment led by AfricInvest and Proparco through the Cathay AfricInvest Innovation Fund (CAIF); Wamda Capital, who had previously participated in the Seed round, has also…
15 June 2022
- Bits of Stock, an Amsterdam-based fintech platform, announced that it has secured $4.4M in a Seed round of funding from Keen Venture Partners and Yellow Accelerator by Snap Inc. The Dutch company plans to use the funds to double its size and onboard…
15 June 2022
- Africa Data Centres, a pan-African technology firm which forms part of the Cassava Technologies Group, has announced the building of a second data centre in Cape Town, South Africa. The new 20MW facility will cover 15,000 square meters in eight data…
15 June 2022
- CoachHub, a German digital coaching platform, announced that it has secured $200M in a Series C round of funding led by Sofina and SoftBank Vision Fund 2. Molten Ventures, Speedinvest, HV Capital, Signals Venture Capital, and Silicon Valley Bank/SVB…
15 June 2022
- Bonn-based public-private venture capital investment firm High-Tech Gründerfonds (HTGF) has unveiled its fourth fund with over €400 million in commitments to fund early-stage startups in Germany. This remains the biggest fund unveiled by the company…
15 June 2022
- Cambridge-based biotech company Spirea has raised $3 million to advance a new generation of antibody-drug conjugate (ADC) therapeutics. The round was co-led by Jonathan Milner and Cambridge Enterprise, with backing from R42 Group, ACF Investors, o2h…
15 June 2022
- Oslo-based Glint Solar has raised $3 million in a seed funding round. The company specializes in fusing satellite data and AI into a software package that can identify and analyze potential solar project sites in a given region. The fresh influx of…
15 June 2022
- MainOne has announced that they are going to host the 7th edition of their flagship event, Nerds Unite.
15 June 2022
- MultiChoice has announced the financial results of its FY22 wherein they saw a delivery of steady margins.
15 June 2022
- London-based regulatory tech platform Clausematch has raised $10.8 million in funding. The round was led by New York-based Lytical Ventures, with participation from the Sony Innovation Fund and Flashpoint. The company plans to invest the new money in…
15 June 2022
- Egypt-based AI startup DXwand ,an Omnichannel conversational AI and digital assistants tool has closed a pre-Series A investment round of $1 million led by Huashan Capital, US-based VC firm SOSV, with commitments from angel investors. DXwand will use…
15 June 2022
- Amsterdam-based TestGorilla has secured $70m in Series A funding, co-led by the London-based venture capital firms Atomico and Balderton Capital. The funding brings the company’s total investment to $80m following previous investments from Notion,…
15 June 2022
- Brazilian payment platform Zippi announced a $16 million Series A round led by US fund Tiger Global and followed by Y Combinator, Volpe Capital, Rainfall Ventures, Globo Ventures, Hummingbird, Mantis, MSA Capital, Soma Capital, and founders of…
15 June 2022
- Ozon, a Mexican startup that buys, fixes, and sells motorcycles, announced it raised $25M in debt and $4M in a seed round. While Architect Capital provided the debt capital, the funds that participated in the seed round were 1984.vc, K50 Ventures,…
15 June 2022
- MFS Africa, a digital payments network has secured $100 million in equity and debt, additional funding that takes its Series...
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15 June 2022
- Mexico City-based fintech Klar has raised $70 million in equity funding at a valuation of $500 million. General Atlantic doubled down on its $70 million financing last July during Klar’s Series B. Other participants in the funding round include Prosus…
15 June 2022
- On June 14, Meta, the owner of Instagram, will roll out new parental controls for the whole site in the UK. They include the choice to establish daily time limitations for the app that range from 15 minutes to 2 hours, after which a dark screen would…
15 June 2022
- Intracom Telecom has announced that they have started the deployment of a fixed wireless system for its open mining operations in Africa.
15 June 2022
- BYD on Tuesday unseated Volkswagen and became the world’s third-biggest automaker by market capitalization. The milestone came at the same time when the Chinese automaker also announced plans to supply batteries to Tesla. This is an unprecedented high…
15 June 2022
- Orange Santé has announced a partnership with DabaDoc in an effort to develop a platform dedicated to e-Health.
15 June 2022
- Cellulant has announced a partnership with Jambojet in an attempt to give rewards worth 2 Million in rewards to its customers.
15 June 2022
- Launch Africa is solving the significant funding gap in the Seed and pre-Series A investment landscape in Africa. The fund has over 10-year track record of venture building and backs startups across multiple sectors, regions, and products that tackle…
15 June 2022
- Microsavings platform Siply has raised $19 million as a part of a fresh round of funding led by Qi Ventures. The round also saw participation from existing investors LetsVenture and Jito. Angel investors also took part in the round, including Vivek…
15 June 2022
- The Uganda Human Rights Commission (UHRC) launched the Annual 2021 Report on The State of Human Rights and Freedoms in...
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15 June 2022
- Oppo Kenya introduced us to the Oppo Reno 7 series a little over a month ago, with two models available in Kenya (Oppo reno 7 4G and Oppo reno 7 5G). Another launch event is expected before the end of the week when we will learn more about the Oppo…
15 June 2022
- SaaS buying platform Spendflo raised $4.4 million in seed funding from Accel India and founder-focused venture partner Together Fund, the company said in a statement on Tuesday. The round saw participation from BoldCap and Signal Peak Ventures, along…
15 June 2022
- Aupa Monyatsi has been appointed as the new CEO of Letshego Group. He has held the same role in an...
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15 June 2022
- Uganda Registration Services Bureau (URSB) Registrar General, Mercy Kainobwisho has won the inaugural Africa Brand Leadership Award. The award recognises...
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15 June 2022
- Adobe, a giant computer software company, will be releasing a free-to-use version of Photoshop that will be available on the web to everyone. The software company has started testing the free version in Canada, according to The Verge. This service that…
15 June 2022
- America’s Mastercard and Togo’s Ecobank Group yesterday announced a new partnership to connect millions of smallholder farmers in Sub-Saharan Africa to Mastercard’s Farm Pass – a digital platform that makes it safer and easier for farmers to sell their…
15 June 2022
- MFS Africa, a digital payments network has secured $100 million in equity and debt, additional funding that takes its Series C round to $200 million. The round was led by African investment manager Admaius Capital Partners. Investors from its first…
15 June 2022
- Bank of Uganda (BoU) is finally open to the idea of cryptocurrency businesses participating in its Regulatory Sandbox. They have...
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15 June 2022
- Moroccan e-commerce startup, Chari, came out as one of the big winners at the Africa CEO Forum 2022. This was...
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15 June 2022
- Uber Sub-Saharan Africa has today revealed it has been running a Safety Sessions Programme in partnership with the South African Police Service (SAPS) to help address the safety concerns raised by drivers and delivery people on the Uber platform.…
15 June 2022
- Oppo is bringing its flagship Find X5 series to Kenya. The company plans to unveil this series on Thursday, 16th of June and has already sent media invites confirming the same. This will be the second time Oppo will be bringing the Find X series to…
15 June 2022
- The construction industry in Kenya is so big that it is among the few globally that expanded amidst the Covid lockdowns of 2020. And it is not showing any signs of slowdown with the country’s data agency — the Kenya National Bureau of Statistics —…
15 June 2022
- Nigeria has revealed its latest arsenal in its war to regulate social media.
Months after it lifted its 7-month ban on Twitter, the Nigerian government has set out to regulate social media platforms with a new Code of Practice.
Read more in #…