Tech

08 February 2023 - Partech Africa has closed its second fund, Partech Africa II, at €245 million (roughly $262 million). This second round is double the size of its first Africa-focused fund of €125 million (about $133 million) which closed in 2019. More in #…

07 February 2023 - Porsche CEO Oliver Blume announced plans to expand the lineup by adding a new SUV above the Macan and Cayenne… The post Porsche to debut electric luxury seven seat SUV, 3X price of Cayenne appeared first on TechMoran.

07 February 2023 - The next-generation BMW electric vehicle family, codenamed Neue Klasse, will include North America as one of its manufacturing locations, with… The post BMW invests $860M to build new EV platform in North America appeared first on TechMoran.

07 February 2023 - Microsoft has unveiled its new premium tier of Teams, which is powered by OpenAI's GPT-3.5 AI language model.The new premium tier of Microsoft Teams offers businesses and teams a more comprehensive suite of collaboration tools and advanced meeting…

07 February 2023 - India's electric vehicle (EVs) market registered unprecedented growth in 2022, propelled by pent-up demand and rising consumer buying power, according to the latest Automotive Analysis data by Canalys.In 2022, India’s light vehicle market grew 23%…

07 February 2023 - Information and Communications Technology (ICT) spending across the Middle East, Turkey, and Africa (META) is expected to reach $233.8 billion in 2023, a 3.9% increase from 2022, according to the latest data from IDC.IDC's report predicts…

07 February 2023 - Addressable, a Tel Aviv-based provider of a SaaS Web3 marketing solution, has secured $7.5 million in a seed funding round.The round was led by Viola Ventures and Fabric Ventures, with participation from Mensch Capital Partners and North Island…

07 February 2023 - The Indian government is taking steps to ban 232 apps that provide betting and loan services in the South Asian market.The Ministry of Electronics and Information Technology said that it is working to enforce a ban on 138 betting and gambling apps…

07 February 2023 - Chipmaker Qualcomm has posted a 12% year-over-year decrease in its first quarter of the fiscal year 2023 which ended Dec. 25 in a press release last week.Net income also fell 34% to $2.24 billion. The company cited the macroeconomic environment and…

07 February 2023 - SunFi, a Nigerian clean tech startup, has raised $2.325 million in seed funding to grow its operations.SunFi is a platform that connects people who want solar power to payment plans that match their needs. It offers two payment options: lease-to-…

07 February 2023 - According to the company, this funding will be used to further develop the platform, expand its reach, and hire new talent to support the company's growth. 

07 February 2023 - Through the fund, Partech intends to invest in more than 20 African startups and also double the upper end of its ticket size to $15 million.

07 February 2023 - Analytics today is the golden thread that runs through multiple market segments, be it CPG (Consumer Packaged Good), Mining Minerals and Metals (MMM) and so forth. It provides immense value on an executive and plant level, bridging challenges that…

07 February 2023 - The initial phase of the Democratic Republic of the Congo (DRC)’s first open-access, carrier-neutral data centre, OADC Kinshasa; FIH1, will go live in Q2 2023. It is expected to boost the county’s digital ecosystem and economy by delivering…

07 February 2023 - Jim Heyes, managing director at forestry investment firm Criterion Africa Partners, discusses the areas within the forestry value chain that hold the most potential and some of the challenges to be aware of.

07 February 2023 - Solving the problem of sub-optimised business processes for startups is Clio's superpower. The company believes it one-stop-solution can ramp up internal efficiency by up to 90%

07 February 2023 - Modern organisations rely heavily on digital systems to keep them fast, flexible and competitive, but such systems also make them more vulnerable and open to various risks, including connectivity failure, data loss and fines for legal failures. In…

07 February 2023 - Global venture capital (VC) firm Partech has reached the first close of Partech Africa II, a €245 million ($263 million) fund aimed at early- and growth-stage startups across Africa.The firm exceeded its initial goal of €150 million ($163 million)…

07 February 2023 - As technology continues to evolve, it will inevitably profoundly impact our daily lives. In particular, Artificial Intelligence (AI) has already begun to revolutionize the way we shop. There are shopping websites like www.decoder.com, which are…

07 February 2023 - Some people have been having issues with M-PESA, with some reporting that the mobile money product has been ‘operating’ itself without their customers. Turns out, that is not the case because Safaricom was updating the platform, which then brought…

07 February 2023 - Texas Instruments, one of the world’s largest chipmakers, suffered its first sales decline since 2020, amid a semiconductor industry slump.In its fourth-quarter earnings 2022 report, revenue declined 3.4% to US$4.67 billion (S$6.2 billion),…

07 February 2023 - Google has announced the launch of its new AI chatbot technology called "Bard", which will compete directly with OpenAI's ChatGPT.Powered by Google's large language model, LaMDA (Language Model for Dialogue Applications), Bard will be rolled out in…

07 February 2023 - Power producer Kenya Power has assured investors in the electric mobility value chain that the grid network is robust enough to support the transition from fossil fuel-powered vehicles.  “The Company has consistently invested heavily towards the…

07 February 2023 - The Collaboration on International ICT Policy for East and Southern Africa (CIPESA) with support from the Africa Digital Rights Fund... Source

07 February 2023 - The board of the Uganda Electricity Transmission Company Limited (UETCL) has appointed Joshua Karamagi as the new Chief Executive Officer... Source

07 February 2023 - Africa is a continent rich in diversity and contrast. One similarity that can be found among several African countries is... Source

07 February 2023 - Global Technology Partners (GTP), an MFS Africa company has appointed Olaseni Alabede as its new Chief Technology Officer (CTO). He joins GTP from Mastercard where he served as the Vice President of Product Development in Installments business. In…

07 February 2023 - Since its launch, ThriveAgric claims to have built a network of over 500,000 smallholder farmers, giving them access to insight, distribution and over $150 million in credit.

07 February 2023 - LG Electronics has appointed Dong Won Lee as its new Regional Managing Director (MD) for East Africa (EA).  He takes over from Sa Nyoung Kim who has been holding the position for three years since January 2020. Before his appointment, Dong Won Lee…

07 February 2023 - Endeavor, the  global community for high-impact entrepreneurs, has announced that  Ireayomide Oladunjoye has been appointed by its Nigeria Board of Directors… The post <strong>Endeavor Nigeria Appoints Ireayomide Oladunjoye as its New…

07 February 2023 - Kenya Power has announced plans to convert its entire fleet of 2,000 fossil fuel-powered vehicles to electric in the next four years.  The electric distributor plans to do this by retrofitting electric engines on the existing vehicles.  The company…

07 February 2023 - “We couldn’t raise and couldn’t sustain the business with just the money we were making,” Laolu Onifade, co-founder and CEO at Hytch, told TechCabal.

07 February 2023 -  Mama Money, a South African-based  fintech that offers cross-border money transfers and banking services has partnered with TNM, the major telecommunications… The post  SA fintech Mama Money and Telekom Networks Malawi  partner for money transfers…

07 February 2023 - OPPO Reno 8T series will be launching later next week to join its other siblings in the Reno8 series that launched late last year. It will come in 4G and 5G versions powered by various chipsets. In a first for the company, the OPPO Reno 8T series…

07 February 2023 - OPPO, the top smart device brand, just announced they’re launching their newest phone, the OPPO Reno8 T, in Kenya. It’s got an amazing camera, stylish design, powerful performance, and a... The post OPPO Reno8 T: The Ultimate Choice for Style,…

07 February 2023 - Google has announced the introduction of its conversational AI chatbot, a direct rival of the now-viral ChatGPT created by OpenAI. The new product is named Bard. In a statement on Monday, CEO Sundar Pichai said that the product, which is powered by…

07 February 2023 - Trade Lenda, a Nigerian fintech startup that helps micro, small, and informal retailers with access to financing for their business needs, has raised $520,000 in pre-seed funding to speed its growth. The fintech startup which was founded in 2021…

07 February 2023 - Dong Won Lee has taken over as LG Electronic’s Regional Managing Director for East Africa, replacing Sa Nyaoung Kim who served as Managing Director for three years since January 2020.... The post LG Electronics New MD Seeks To Strengthen Customer…

07 February 2023 - Sony has lifted its full-year profit outlook after record PlayStation 5 console sales helped earnings beat estimates, according to Bloomberg.The Tokyo-based group raised its PS5 sales forecast to 19 million units for the fiscal year ending March…

07 February 2023 - Kenya’s Employment and Labour Relations Court on Monday refused the Facebook parent company’s request to remove it from a suit about working conditions for content moderators.

07 February 2023 - Smartphone company, OPPO , has announced plans to launch its latest mobile phone line, OPPO Reno8 T, in Kenya. This... Source

07 February 2023 - Social impact investor Oikocredit is providing a loan of US$ 5 million to Yellow, a supplier of pay-as-you-go off-grid solar solutions… The post Africa’s fintech start-up, Yellow secures $5m from Oikocredit to grow solar energy access in Africa…

07 February 2023 - LG Electronics has picked Dong Won Lee as its new Regional Managing Director for East Africa (EA). He replaces Sa Nyoung Kim who served as LG EA Managing Director for three years since January 2020. Before his appointment, Dong Won Lee was the…

07 February 2023 - MTN’s Global Leadership Gathering is an annual conference which brings together its global leaders from across the continent, to enable them with skills and knowledge to lead successfully and bring […]

07 February 2023 - Ouranos Technologies Ltd, a leading provider of IT infrastructure services and solutions in West Africa, today announced the launch of Ouranos Lab, a venture studio focused on building the products and solutions that will power the future of…

07 February 2023 - Nigerian blockchain payments startup Bingtellar has announced the launch of its instant crypto-to-fiat conversion service, which enables users and businesses to easily buy and sell cryptocurrencies and get paid in local currencies. Formed in 2021,…

07 February 2023 - SunFi, a Nigerian energy financial technology platform that connects people who want solar energy access to payment plans that match their… The post Nigeria’s Clean Tech Startup, SunFi Secures $2.33m Seed Funding to grow its operations appeared…

07 February 2023 - Oracle plans to open a new public cloud region in Riyadh and expand its existing public region in Jeddah

07 February 2023 - Mobily signs with Lebara to continue providing mobile virtual network (MVNO) services over the Mobily network

07 February 2023 - In this exclusive interview for TechCabal, Noel K. Tshiani (@NoelTshiani) of Congo Business Network, discusses with Félix Maroy, founder of FYATU, about the growing opportunities for fintech startups in Kinshasa.