Tech

10 February 2023 - The global venture capital firm Partech, which manages several funds, said that the first closing of Partech Africa II had raised 245 million euros, making it the largest and most successful Africa-focused fund to date. Tidjane Deme and Cyril…

10 February 2023 - The Kwik cofounder talks about the state of funding in Africa, a new phase for the African tech ecosystem, and what consolidation could mean for African startups. 

10 February 2023 - Electronic Arts (EA) recently released its earnings result for the third fiscal quarter that ended December 31, 2022, which showed a reduction in full-year revenue guidance.The Star Wars, Madden, and Battlefield publisher now projects its revenue…

10 February 2023 - The Indian wearable market marked a strong year-over-year growth in 2022. The market grew 46.9% YoY as shipments reached 100 million units, according to recent data from the International Data Corporation (IDC).Across the product categories, the…

10 February 2023 - Electric vehicles (EV) are becoming more popular every day and Google is updating its Maps service to be more convenient… The post Google Maps update adds more features for EV charging stations appeared first on TechMoran.

10 February 2023 - SoftBank Group reported a quarterly loss on February 7, 2023, as its Vision Fund investment unit remained in the red for the fourth consecutive quarter.The Vision Fund, known for its big bets on startups, reported an investment loss of 730.36…

10 February 2023 - In a groundbreaking moment for the Nigerian public market, MTN Nigeria, the largest telecom company in the country by subscriber base, has reported record-breaking revenue growth in its 2022 financial report.The company recorded a staggering ₦2.01…

10 February 2023 - According to its latest financial figures, Yahoo, which was acquired in 2021 from Verizon by Apollo, a global private-equity firm, for $5 billion, is profitable and brings in roughly $8 billion in annual revenue.

10 February 2023 - Worldwide cloud infrastructure services expenditure grew 23% YoY, an increase of $12.3 billion in Q4 2022 to reach $65.8 billion, according to a report by Canalys.However, the quarterly growth rate slumped by over 10% from Q1 2022 (34% in Q1 2022…

10 February 2023 - Orange has also built similar digital centres in Tunisia, Senegal, Ethiopia, Mali, Côte d’Ivoire, Cameroon, Egypt, Jordan, Madagascar, Morocco, Liberia, Botswana, and Guinea.

10 February 2023 - Advanced Micro Devices (AMD) reported its fourth-quarter 2022 earnings, surpassing Wall Street's expectations for sales and profits. The company reported an adjusted EPS of $0.69 per share, compared to the expected $0.67 per share, while revenue…

10 February 2023 - Global financial services company Mastercard has named Lenin Oyuga as its Head-Telco Commercial and Partnerships for the Middle East and... Source

10 February 2023 - The startup claims to have over 1,000 paying customers across North America, Europe, Australia, South Africa, and Latin America who pay monthly subscription fees of between $49 and $119.

10 February 2023 - Thrive Capital, a New York-based firm, has reportedly committed fresh funding of $1 billion dollars to Stripe, as part of a new investment that could value the payment technology company at $50 billion.According to a report by The Information in…

10 February 2023 - By Tejpal Bedi, Managing Director at SEACOM East Africa The hybrid workplace model has become a defining aspect of the modern business landscape. This new way of working has opened the door to organisational transformation....

10 February 2023 - In the fast-paced and constantly changing business world, staying ahead of the game requires being able to adapt to new technologies. And that’s exactly what Zoho Corporation, a leading global technology company, has been doing....

10 February 2023 - Venture capital investments in Australia plunged by about a third in 2022, following the lead of listed global technology companies and venture markets.Venture funding in the region topped at AU$7.4 billion ($5.16 billion) across 712 deals in 2022…

10 February 2023 - Twitter has launched its subscription service, Twitter Blue, in India, Brazil and Indonesia, as the company aims to expand its monetization efforts.Twitter Blue offers users on the social media platform a range of added features such as the blue…

10 February 2023 - Smartphone battery charging speeds have come a long way since the first mobile phone was invented. The early days of mobile phones saw charging times that could take so long. We never really thought these...

10 February 2023 - Yodawy, a digital healthcare firm, has raised $16 million in a Series B round headed by Delivery Hero Ventures and Global Ventures, based in the United Arab Emirates. Yodawy is a leading pharmacy benefits management platform started in 2018 by…

10 February 2023 - Ten South African startups have been chosen for the three-year GrindstoneX accelerator program, which aims to give women entrepreneurs more power and create jobs. Grindstone was started in 2014 and is owned by Knife Capital and Thinkroom. It helps…

10 February 2023 - Sendmarc, a security company based in Johannesburg, has raised $7 million in Series A funding led by Atlantica Ventures and other venture capital firms. Sam Hutchinson, Keith Thompson, and Sacha Matulovich started the company in 2020. Their goal…

10 February 2023 - Online lender Umba, which refers to itself as a digital bank built for Africa, has revealed plans to expand its service offerings in the wider African continent. To this end, the firm has said it has established offices in Kenya as it eyes other…

10 February 2023 - Egypt’s Healthtech startup Yodawy has secured $16 million in the first close of its Series B round, bringing the total amount raised to date to $24.5 million.  The round was co-led by Delivery Hero Ventures and Global Ventures, with participation…

10 February 2023 - Ethiopia has increased its planned stake sale in Ethio Telecom to 45% from 40% previously, as part of its efforts to revitalize the telecommunications industry and attract investment.

10 February 2023 - Olympus4X Review – Seamless Online Trading for Beginners  Introduction  Olympus4X is a champion in the online trading frontier, offering unique… The post Olympus4X Review – Seamless Online Trading for Beginners appeared first on TechMoran.

10 February 2023 - It has been chaotic since Elon Musk acquired Twitter late last year, adding it to the incendiary tech mogul’s diverse business reach, which includes running Tesla, SpaceX, the Boring Company, Neuralink, and many others. It was an expensive purchase…

10 February 2023 - The second Dakar Financing Summit for Africa’s Infrastructure was held in CICAD from February 2nd to 3rd, 2023. The summit aimed to bring together key stakeholders from the public and private sectors to mobilize funding for 22 priority regional…

10 February 2023 - One of the recurring predictions on the VC landscape (see here) is “there is going to be less VC money available for African start-ups.” This may or may not be due to a shift in focus, among other factors. The post VC Trends Watch: Less Money,…

10 February 2023 - As businesses continue to grow and expand, the need for IT professionals is becoming increasingly important. With their specialized skills and knowledge, IT professionals can provide invaluable support in developing a successful business. From…

10 February 2023 - Global provider of AI-powered satellite imagery analytics, EOS Data Analytics, has partnered with Agrvision, a Kenyan-based Agri-tech. Agrvision provides cost-effective... Source

10 February 2023 - The delegation from AfriLabs and the Smart Africa Secretariat expressed their commitment to supporting the entrepreneurship ecosystem in Africa

10 February 2023 - Umniah selects Ericsson for radio access network upgrade in Jordan with New radio system that will enhance subscriber experience

10 February 2023 - A two-day World Bank Africa-Korea Agritech Innovation summit was concluded on Thursday in Nairobi, Kenya, with a call on stakeholders... Source

10 February 2023 - It is official. LEAP23 6 – 9 February 2023 in Riyadh, the Kingdom of Saudi Arabia, is now the world’s... Source

10 February 2023 - Egypt-based marketing CRM platform Gameball has closed a US$3.5 million seed round to accelerate product commercialisation, enterprise customer acquisition and strategic hiring. Founded in 2020 by Ahmed Khairy, Ahmed El Assy and Omar Alfar,…

10 February 2023 - Memorandum of Understanding Would Explore Opportunities for New Telecommunications and Digital Solutions in Saudi Arabia

10 February 2023 - Carry1st, Africa’s mobile games and the interactive content publisher has acquired a mobile board game, Gebeta in a deal targeted... Source

10 February 2023 - This week's Quick Fire guest, Edidiong Ekong (@edidiongmekong), is a senior marketing executive who believes the use of AI and machine learning, interactive and immersive content will drive growth for brands in 2023.

10 February 2023 - Today, climate resilience venture launcher Triggering Exponential Climate Action (TECA) has announced the selection of seven startups to each receive $55,000 in funding to advance their solutions for the blue economy in Africa. The startup founders…

10 February 2023 - Chari, a Morocco-based B2B e-commerce startup with embedded financing for the FMCG sector, has raised $1 million from Orange Ventures. As per the transaction, Grégoire de Padirac, partner of Orange Ventures Middle East and Africa, is set to join…

10 February 2023 - Microsoft is announcing plans to support African startups with $500 million in potential funding in partnership with venture capital investors to enable them to rapidly scale using investment funding. This is part of new initiatives under its…

10 February 2023 - Global provider of critical digital infrastructure and continuity solutions, Vertiv, introduced the Vertiv™ MegaMod™ and Vertiv™ MegaMod™ Plus. Both of... Source

10 February 2023 - Anita Chege has been named the General Manager of Innovation at Housing Finance (HF) Group, a provider of integrated property... Source

10 February 2023 - Google has announced that applications are now open for its inaugural Google for Startups Accelerator: Women Founders Africa Programme. An extension of the Google for Startups Accelerator Africa programme established in 2017, the female-focused…

10 February 2023 - The Democratic Republic of the Congo (DRC) is set to have the country’s first open access, carrier-neutral data centre, OADC... Source

10 February 2023 - Zoho, a web business tools company, has revealed its new communication platform called Trident, which aims to simplify communication for businesses by providing a unified solution across different channels. Zoho has also enhanced its collaboration…

10 February 2023 - Egyptian digital healthcare startup Yodawy, which has pioneered a pharmacy benefit management platform in the MENA region using technology, expert pharmacists, and state-of-the-art logistics, has raised US$16 million in the first close of its…

10 February 2023 - A technical mistake by Google's new AI service Bard wiped $100 billion off the company's market value. In Kenya, investigators have arrested scammers who defrauded Safaricom of $4 million through an extensive SIM card fraud scheme. More in #…

10 February 2023 - We are all NCBA Loop customers. And we’ve been for the longest time. In this episode, hear our frustrations in this review of the new NCBA LOOP App that sparked conversations from customers when it was introduced. Listen in to the conversation with…