09 May 2025
- The fund targets companies in the manufacturing, healthcare, agriculture, and telecommunications sectors. The News: Swedfund invests $15 million in TLG Capital’s AGIF II to support African SMEs. The fund focuses on SMEs experiencing financial stress,…
09 May 2025
- The global medical device market is set to surge from $678.88 billion in 2025 to more than $1.1 trillion by 2034, fueled primarily by rising demand for home health monitoring among aging populations and those with chronic conditions. Established…
09 May 2025
- CWG Plc, a leading Nigerian IT services and infrastructure company, is entering East African and Middle Eastern markets following its first billion-naira profit in over a decade. Operating across Nigeria, Ghana, Uganda, and Cameroon, the 32-year-old…
09 May 2025
- In April 2025, African start-ups secured $343 million through deals exceeding $100,000 (excluding exits), spanning 39 companies. This marks not only a strong recovery from a sluggish March but also the second-highest April performance on record,…
09 May 2025
- In 2019, Meta (then Facebook) started the Libra Project, an ambitious attempt at creating a universal currency. But it was caught in intense regulatory pushback and inhibition, and Meta finally had to shelve the program in 2022 after Diem was rebranded…
09 May 2025
- This unfolding saga within the tech rivalry between Google and Apple is about the shifting user behavior in mobile search. In his testimony at the federal antitrust trial, Eddy Cue, Apple’s Senior Vice President of Services, said that searches on Google…
09 May 2025
- Making its boldest move with M-Pesa 2.0 upgrade, Safaricom, however, is investing over $309 million annually to transform the mobile money platform into a resilient, cloud-native ecosystem. While the company calls the strategy one for future-proofing,…
09 May 2025
- MoneyFellows, a leading Egyptian fintech startup, has announced the successful closure of a $13 million pre-Series C funding round. The investment was led by Al Mada Ventures and Nclude Fund, with additional participation from Partech Africa and…
09 May 2025
- You see it every day—billboards on highways, posters at bus stops, digital advertising screens in shopping malls, and even ads on benches. Outdoor advertising is everywhere, and for good reason. Outdoor advertising is a powerful marketing strategy to…
08 May 2025
- Kenya is charging ahead in spearheading sustainable transportation with 45 new locations for electric vehicle (EV) charging laid out in six counties. The expansion of the EV charging infrastructure in Kenya is designed to cater to the growing demand for…
08 May 2025
- LG Electronics (LG), and MediaTek, a global semiconductor company, showcased their Android-based Concurrent Multi-User (CMU) framework applied to In-Vehicle Infotainment (IVI) systems at the Shanghai International Automobile Industry Exhibition (Auto…
08 May 2025
- OpenAI has announced that it will maintain nonprofit oversight of its operations, reversing a previous plan to transition its for-profit subsidiary into a public benefit corporation (PBC). This decision comes after significant public and legal scrutiny…
08 May 2025
- Skype, the pioneering voice and video calling platform that revolutionized digital communication, has officially shut down as of May 5, 2025. Microsoft, which acquired Skype in 2011 for $8.5 billion, announced the decision to retire the service in favor…
08 May 2025
- In a courtroom in San Francisco, packed with lawyers, journalists, and tech insiders, and speaking first, Eddy Cue dropped a bombshell that erupted into the U.S. Justice Department Antitrust case against Google. We are no longer speculating about the…
07 May 2025
- Angola Cables, an Angolan telecommunications operator, has become a Premium Wholesale Reseller Partner of DE-CIX, a major Internet Exchange (IX) operator. The partnership allows Angola Cables to offer its business and enterprise customers access to DE-…
07 May 2025
- Global technology powerhouses, including AWS, Google, Cisco, HPE, CheckPoint, Fortinet, and other influential players have confirmed their participation and support for the Connected Africa Summit 2025. This confirmation cements the event’s reputation…
07 May 2025
- The recent success of the Shanghai Motor Show is a strong indicator of the growth of the Chinese automotive sector, particularly in terms of electric cars and onboard intelligence. Of the 90 million vehicles (cars, trucks, and buses) produced worldwide…
07 May 2025
- For a long time, online casino players felt like there was something missing from these platforms. The experience of playing games in a convenient setting and anonymously is something land-based venues can’t offer. However, the atmosphere of brick-and-…
07 May 2025
- Fastizers, a Nigerian snack food company best known for its cookies, was founded in 2010 by Debby Lawson. She started the business with just 960 naira – about 60 US cents at today’s exchange rate.
07 May 2025
- Airtel Kenya on Wednesday launched an artificial intelligence (AI)- powered Spam Alert Service to enhance mobile security for its customers. The service, which will be available to all its subscribers at no cost, allows users to easily identify and…
07 May 2025
- In a landmark decision highlighting growing concerns over digital privacy, the Kenyan High Court has ordered Worldcoin to delete all data it collected in the country. The project, which was co-founded by Sam Altman, co-founder of OpenAI and Alex Blanca…
07 May 2025
- Onafriq, Africa’s largest payments gateway, and Circle, stablecoin market leader and issuer of USDC, have announced their strategic partnership to transform cross-border payments and digital financial services. This collaboration marks a significant…
07 May 2025
- Have you ever found yourself in a situation where you are unable to pay for a product or service, simply because the seller is only accepting cash and all the money you have is either in your mobile money wallet or bank? With the popularity of digital…
07 May 2025
- Aruwa Capital Management, a female-founded private equity firm based in Lagos, has successfully raised $35 million in the second close of its gender-focused fund, Aruwa Capital Fund II. The fund aims to bridge the early-stage financing gap for women-led…
07 May 2025
- Airtel Africa has announced a strategic partnership with SpaceX to bring Starlink’s high-speed satellite internet services to underserved and remote communities across its 14 African markets. This collaboration aims to bridge the digital divide by…
06 May 2025
- Mobolaji Ajayi identified a gap in Nigeria's healthcare market, envisioning a pharmacy that offers both medication and primary care services.
06 May 2025
- The recent activities of a team from the London Internet Exchange (LINX) in Accra, Ghana, have sparked my reflection on the entry of European Internet Exchange Points (IXPs) into Africa. In this article, I’ll examine the “big three” IXPs: DE-CIX from…
06 May 2025
- Investing in Innovation Africa (i3), a pan-African initiative dedicated to advancing healthcare access through technology, has announced the selection of seven growth-stage startups for its third cohort. These companies are pioneering innovations aimed…
06 May 2025
- Ghanaian retail-tech startup Tendo Technologies has announced its strategic acquisition of fellow Ghanaian company Shopa in a cash-and-stock deal aimed at revolutionizing supply chain infrastructure across Africa. Founded in 2021, Tendo enables…
06 May 2025
- Ghanaian clean-tech startup Kofa has raised $8 million through a special purpose vehicle (SPV) to expand its battery-swapping network, aiming to accelerate the adoption of electric mobility and clean energy solutions across West Africa. The funding…
06 May 2025
- Kenyan e-health startup MYDAWA has raised $20 million in funding from London-based private equity firm Alta Semper Capital, marking its largest funding round to date. The investment aims to bolster MYDAWA’s expansion across East Africa and enhance its…
06 May 2025
- The International Finance Corporation (IFC), a member of the World Bank Group, and TLG Capital, a pan-African alternative investment firm, have announced the first close of a $75 million fund aimed at enhancing access to capital for small and medium-…
06 May 2025
- Nigerian B2B e-commerce startup OmniRetail has raised $20 million in Series A funding, marking a major milestone in its mission to digitize and streamline retail supply chains across Africa. Led by Tim Kock and James Cavallaro’s Ventures Platform, the…
06 May 2025
- Google has announced the opening of applications for its 2025 Google for Startups Accelerator Africa program, inviting early-stage African startups leveraging artificial intelligence (AI) to apply. This initiative aims to support startups across the…
06 May 2025
- Meta Platforms, the parent company of Facebook, has unveiled a new standalone AI assistant app, Meta AI, marking a significant expansion of its artificial intelligence offerings. This launch positions Meta in direct competition with other AI chatbots…
06 May 2025
- Mastercard has launched “Shopping Muse,” an innovative generative AI-powered shopping assistant developed by its personalization platform, Dynamic Yield. Designed to revolutionize the online shopping experience, Shopping Muse interprets natural language…
06 May 2025
- MEST Africa, in partnership with the Mastercard Foundation, has announced the selection of 12 promising startups for the second cohort of the Ghana EdTech Fellowship Program. This initiative continues the organizations’ joint mission to support and…
06 May 2025
- In the fast-growing digital world, our reliance on technology has become inescapable, with individuals communicating online via social media to companies storing their data in the cloud. However, this transformation has brought with it a significant…
06 May 2025
- Cyberbullying: As technology advances, bullying is also evolving from in-person harassment, where someone might mock your appearance, outfit, or social status face-to-face, to digital abuse on social media platforms. This shift raises very serious…
05 May 2025
- Later this month, a new president will be selected by the board of governors of the African Development Bank (AfDB). This will be a pivotal moment for the incoming leader. There has been much debate on whether the African Development Bank should play it…
05 May 2025
- Nairobi, Kenya – May 5, 2025: TechTrends Media, a leading technology and innovation platform in Africa, is excited to introduce its latest podcast, The Green Shift. Hosted by renowned tech journalist Nixon Kanali, the podcast will explore how…
05 May 2025
- Meta officially announced that WhatsApp has now surpassed 3 billion monthly active users, one of only a handful of applications ever to reach this level. With its growing user base, Meta is increasingly building upon a strategic employment of the…
05 May 2025
- Airtel Africa announced today an agreement with SpaceX to bring Starlink’s high-speed internet services to its customers in Africa. Currently, SpaceX has acquired requisite licenses in 9 out of 14 countries within Airtel Africa’s footprint. Operating…
05 May 2025
- The evolution of Threads by Meta marks a substantial change in the platform’s strategy, crowning it as an independent service in the Meta ecosystem. Initially, the Threads app was the Instagram companion app, but now Threads is its unique service.…
05 May 2025
- X, formerly Twitter, has launched 4K video uploads for its premium subscribers, which starts a change in video strategy on the X platform. But will 4K resolution become the clear choice for X to stand tall against YouTube and other social media giants?…
05 May 2025
- Kenya’s fibre optic expansion is the most important project in Kenya’s ambitious Digital Superhighway plan. The purpose is to raise fibre optic coverage of the country from 62% to 90% by the end of the next financial year. This project is presently in…
05 May 2025
- The acquisition of AIG Kenya by NCBA has proved to be a big strategic gamble by NCBA Group and gave the group a gain of Sh266.8 million in under one year’s time after the signing of the deal. This dramatic maneuver placed strength on the bank’s balance…
05 May 2025
- Kenya’s anticipated Finance Bill 2025 brings into focus the proposal to impose a 16% VAT on streaming services. Consumers and producers of local content may be adversely affected by this law, and it is also a matter of concern for the digital economy.…
05 May 2025
- Kenya is positioning itself to decentralize the digital future; hence, counties may be the ones to conceptualize the vision. The Kenya Smart Cities Bill, a.k.a. the Technopolis Bill of 2024, is landmark legislation that could potentially redefine urban…
05 May 2025
- Equity Bank and Carrefour have entered into a strategic partnership with American Express (Amex), enabling Equity Bank Amex cardholders to use their cards for seamless payments at all Carrefour outlets across the country. This collaboration brings…
