12 May 2022
- Teegara.com, an Egypt-based e-commerce startup focused on household and FMCG products, has secured an undisclosed bridge round from a number of nations, led by Alexandria Angel Network. “Teegara obtained a bridge round of financing from Alex Angels with…
12 May 2022
- Interswitch, an African payment company based in Nigeria has raised $110 million from LeapFrog Investments and Tana Africa Capital to expand its digital services in the continent. Interswitch is powering seamless payment in Africa across online payments…
12 May 2022
- Jumia has launched its first Environmental Social Governance Report, which outlines its ESG strategy and provides an overview of the company’s current sustainability efforts. The report is based on Jumia’s non-financial statistics for 2021 and includes…
12 May 2022
- Stock-outs, unpredictable prices of farm produce and a lack of working capital are among the challenges that plague small restaurants and food vendors in emerging markets. These are some of the pain-points that TopUp Mama (previously Kibanda TopUp) is…
12 May 2022
- Mara, a crypto exchange platform based in Nigeria and Kenya has raised $23 million to build a pan-African cryptocurrency exchange platform. Mara is building a decentralized alternative for transactions in Africa through its digital financial system. The…
12 May 2022
- Over 100 certified drone technology experts and enthusiasts are expected to take part in Kenya’s first ever Drone Tech and Data Expo which is scheduled to run from 29th May to 4th June 2022. The event, which...
12 May 2022
- Three Kenyan firms have been listed among the 100 global top tech pioneers in the World Economic Forum (WEF) Technology Pioneers 2022. Sendy is featured for its role in building fulfillment infrastructure for e-commerce and consumer brands while Access…
12 May 2022
- How Fafali Azaglo built her business and entered the export market.
12 May 2022
- Safaricom (NSE: SCOM) is set to launch commercial operations in Ethiopia within the year as part of the company’s regional expansion efforts to provide world-class telecommunication services to over 112...
The post Safaricom to start operating in…
12 May 2022
- ApnaKlub, an India-based business-to-business (B2B) wholesale platform has raised $10 million in its Series A funding round from Tiger Global. ApnaKlub is an FMCG wholesale platform helping social sellers and kirana-store owners in tier II and tier III…
12 May 2022
- One of the most famous quotes by the legendary former Apple CEO and, the late Steve Jobs, is, “We are here to put a dent in the universe. Otherwise, why else even be here?” Apple, the company that Steve Jobs co-founded and led for years has put a lot of…
12 May 2022
- Safaricom M-Pesa revenue grew by 30.3% to hit Ksh. 107.69 Billion. This is according to the telco’s Full Year 2021/2022 results released on Thursday. M-PESA, which marked its 15th anniversary this year also hit the 30 million active customer mark in…
12 May 2022
- M-Pesa is no doubt one of the key services that helped Safaricom record billions in revenue over the years. M-Pesa has had a near-monopolistic existence with no real competition to slow down its growth. For...
12 May 2022
- As a Human Resources (HR) leader in the tech space, I often find myself engaged in conversations where I’m asked to share my thoughts and opinions about what I think the Future of Work (FoW) might look like for HR professionals in the post-pandemic…
12 May 2022
- Nokia and stc have announced that they have launched a managed SD-WAN Solution based on Nokia VNS platform.
12 May 2022
- As the world takes base in this technological era, it becomes clearer that the future of banking is digital. Fintechs continue to deconstruct the traditional banking system, and future-focused financial industries are joining the bandwagon. Brick and…
12 May 2022
- vivo Smartphone and Safaricom PLC have partnered to list the new Y15s flagship in Safaricom as it seeks to increase its footprint in the Kenyan market. The new partnership will see vivo’s latest products sold in Safaricom outlets and its online platform…
12 May 2022
- Zain KSA has announced a partnership with University of Tabuk in an effort to empower youth, supporting education and innovation.
12 May 2022
- Al Yah Satellite Communications Company PJSC has recorded revenue growth of 9.4% and a 26.4% Increase in profit.
12 May 2022
- Gusto Collective, a China-based brand content creation firm has secured $11 million in its seed funding round led by Animoca Brands and Gaw Capital. The firm claims the new fund will be used to expand its tech-driven brand content making services in…
12 May 2022
- The Sahel, breeding ground for a wealth of start-ups, is seeing a flood of incubators and accelerators ready to support innovative businesses.
12 May 2022
- Nigerian startup NucleusIS has launched a new platform that allows individuals and businesses to buy health insurance on credit. Founded in 2019, NucleusIS has built a robust enterprise technology base for health insurance companies and care providers…
12 May 2022
- An agreement has been inked in Algiers between Algeria’s public startup accelerator Algeria Venture (A-Venture) and the Algeria Investment Fund (AIF) to provide funding to startups at various stages of development. Here Is What You Need To Know…
12 May 2022
- Safaricom has released its full-year results for the 2022 FY. Other than M-PESA being the telco’s leading service revenue earner, the carrier has also announced plans to launch a virtual card for international payments, which it should have done years…
12 May 2022
- For any content creator, getting their work seen and appreciated by the public is the first important step to success. Many talents go unnoticed, undiscovered and unrecognized as long as their stars remain hidden in a space with little or no exposure…
12 May 2022
- This investment will support Koa to set up a new processing facility in the country, increasing production capacity more than tenfold by 2024 and creating additional income for up to 10,000 cocoa farmers. The overwhelming majority of cocoa farmers are…
12 May 2022
- The events of the past two years have, undoubtedly, made all of us more aware of our health than ever before. Whether it was realising how important overall health is to stave off infections or learning how vital mental health is to our general…
12 May 2022
- Product and service development is a common way to think about innovation, but there are other ways to think about it, as well. To remain relevant, businesses must continuously innovate; hence, specific factors must be established to foster innovation.…
12 May 2022
- TLcom Capital LLP, an Africa-focused venture capital firm recently announced a first close of $70 million for its $150 million Africa focused tech fund (TIDE Africa Fund II -TAF2), this achievement firmly positions the firm as one of the largest…
12 May 2022
- Sasai Fintech has been awarded the compliance approval for merchant payments and bulk disbursements on GSMA digital wallet's mobile money API.
12 May 2022
- Zoho has unveiled a unified platform that brings together marketing activities across campaign ideation, creation, execution, management, and measurement. Known as Zoho Marketing Plus, the platform also provides stakeholders across the entire marketing…
12 May 2022
- The Nigerian Communications Commission and Federal Inland Revenue Service to help enhance the national revenues in the telecom sector.
12 May 2022
- MTN South Africa has announced an investment of R2.2 Billion towards network modernisation and township investment.
12 May 2022
- The new funds will be used to scale field operations, support value chain expansion, and develop innovative tech infrastructures, reinforcing Komaza’s key initiatives set forth in the US$28 million Series B in July 2020 to accelerate climate impact…
12 May 2022
- Jumia on Wednesday released its first Environmental Social Governance Report outlining its ESG strategy alongside an overview of current sustainability practices at Jumia. The report draws on Jumia’s 2021 non-financial data and provides disclosures in…
12 May 2022
- Zeals, a business-to-consumer (B-2-C) chat startup has raised $38.8 million in its Series E funding round. The startup claims it raised $27.2 million in equity and $11.6 million in debt funding bringing it to $41.4 million in total raised funds. The…
12 May 2022
- Safaricom FY 2022 Financial Results ended March 2022 are here. The carrier has shed light on how its flagship mobile money product M-PESA performed, following the lifting of the free under KES 1000 transfers that was introduced by the CBK at the height…
12 May 2022
- US-based Growth equity firm Activant Capital has announced that it is expanding its research and due diligence capabilities with a new office in Cape Town, South Africa. The firm which is focused on building the next generation of fintech and e-commerce…
12 May 2022
- Alongside several crypto and Web3 investors such as Coinbase Ventures, Alameda Research (FTX) and Distributed Global, the round included TQ Ventures, DIGITAL, Nexo, Huobi Ventures, Day One Ventures and Infinite Capital as well as DAO Jones. Co-founded…
12 May 2022
- Leading US data center owner and developer, Flexential has opened their US network to Angola Cables to assist customers in Africa in connecting to 40 key data center hubs across the United States. Flexential is a leading provider of data center…
12 May 2022
- Google announced 30,000 Android and Google Cloud training scholarships for aspiring and professional developers in Africa. The program is meant to increase the number of developers on the continent. “Opportunities for software developers in Africa are…
12 May 2022
- Telkom Kenya has been experiencing service disruptions affecting calls, SMS, internet among other services. The company is yet to issue any statement regarding this but I have not been able to use most of its...
12 May 2022
- At least 30,000 aspiring and professional developers from across Africa will benefit from the Android and Google Cloud training opportunities. This program is a continuation of Google’s investment in the continent aimed at imparting skills, creating job…
12 May 2022
- The Social & Inclusive Business Camp (SIBC) has begun searching for its sixth cohort of African entrepreneurs that are leading developing, high-impact companies. The SIBC programme is supported by the FDA Campus and implemented by a consortium of…
12 May 2022
- Many M-PESA users have been wishing Safaricom would launch a virtual debit card for international online payments. This is a big issue because M-PESA has millions of users in the country, meaning a lot of people use the product for many functions:…
12 May 2022
- Safaricom has announced plans to launch M-PESA Junior Accounts for young Kenyans between the age of 10 to 18 years. These are individuals who do not have IDs to register a Safaricom line but have access to the network via SIM cards registered under…
12 May 2022
- Kenyan startup Abantu AI has developed a deep learning technology in the field of natural language processing (NLP) that translates from major world languages to indigenous African languages. Developed by James Mwaniki, also CEO of MoVAS, a company that…
12 May 2022
- 5G is coming to Ethiopia.
On Monday, state-owned telecoms Ethio Telecoms announced that it had piloted 5G tests across the country's capital, Addis Ababa.
Read more in #TCDaily.
12 May 2022
- Kenya will this month host the first-ever Drone Tech and Data Expo under the theme ”The Roles of Drones and Data In Spurring Economic Growth in Kenya and the 4th Industrial Revolution in Africa. The Expo, which is scheduled to run from May 29th to June…
12 May 2022
- Apple, Google and Microsoft have joined forces to expand support for passwordless logins across mobile, desktop and browsers, in a rare display of alliance. The tech giants announced last week that they are expanding support for a password-free sign-in…