11 May 2022
- Zomato CEO Deepinder Goyal announced on Friday that he would donate all proceeds from the employee stock options (Esops) he received from investors and the board of directors to the Zomato Future Foundation (ZFF). At Zomato’s average share price over…
11 May 2022
- Overseas study assistance startup ForeignAdmits has raised about $450,000 from Mumbai-based early-stage fund Unicorn India Ventures (UIV) and other investors like Bengaluru-based SEA Fund. Beerud Sheth, founder of Gupshup, Zishaan Hayath, founder of…
11 May 2022
- In a bid to contribute to the ever-changing cybersecurity landscape, Microsoft has announced a new service dubbed Microsoft Security Experts. Through this integrated service, organizations can hire cybersecurity experts to help them achieve more secure…
11 May 2022
- Byju’s group company Great Learning has acquired Singapore’s executive education firm Northwest Executive Education in a stock and cash deal of around $100 million, according to people in the know. This is yet another investment from the Bengaluru-based…
11 May 2022
- A former employee of social media giant Facebook has sued the California-based company for allegations of poor working conditions at its Nairobi moderation centre. In a case filed in a Kenyan court, Daniel Motaung who worked as a content moderator, sued…
11 May 2022
- The New York Times reported on Tuesday that Netflix may unveil a lower-cost ad-supported membership option before the end of the year, citing an internal memo
11 May 2022
- MTN Group has linked the remuneration of senior executives with the Group’s environmental, social, and governance (ESG) targets. The giant telecommunications company says this supports the delivery of its Ambition 2025 strategy, and in particular the…
11 May 2022
- The Kenya Revenue Authority (KRA) is constructing a sophisticated forensic laboratory that will allow it to harvest data from taxpayers' computers and mobile phones in order to uncover tax
11 May 2022
- En Français Opportunities for software developers in Africa are at an all time high, according to the 2021 Africa Developer Report by Google and Accenture, opportunities for software developers in Africa are at an all time high, driven…
11 May 2022
- Vodacom Tanzania PLC has announced that Sitholizwe Mdlalose Company’s Managing Director will be stepping down in June 2022. Mdlalose returns to Vodacom (Pty) Limited as the Managing Director following the resignation of the previous Managing Director.…
11 May 2022
- Mylerz, an Egypt-based e-commerce logistics startup has secured $9.6 million in funding from Lorax Capital Partners and Fawry to expand in Egypt and enter into three new markets in North Africa in the next three months.The startup claims it will expand…
11 May 2022
- Mylerz, a Cairo-based e-commerce fulfillment startup, plans to enter three new markets in North Africa and expand across Egypt over the next three months against the backdrop of the $9.6 million funding it has just secured. The startup also has its eyes…
11 May 2022
- Mobile penetration in Africa is growing impressively at about 46% as more people come online for the very first time. In turn, this has increased the market opportunity for startups, especially fintechs and e-commerce, which try to provide various…
11 May 2022
- Edtech startup Manara has raised $3 million in pre-seed funding for its cohort-based training platform geared toward growing the tech-talent pool in the Middle East and North Africa (MENA) region. Manara fashions itself as a social impact edtech…
11 May 2022
- Vodacom has announced the appointment of Sitho Mdlalose as the new Managing Director of Vodacom South Africa.
11 May 2022
- Lois Aber Kwikiriza has been reportedly appointed as the new Head of Marketing at MultiChoice Uganda.
11 May 2022
- The President of Zimbabwe, Emmerson Mnangagwa has announced an increase in taxes on electronic foreign currency transactions.
11 May 2022
- Reportedly, Ethiopia has recorded 5,856 cyberattacks in the first nine months of its current fiscal year.
11 May 2022
- Red Hat has announced that they have come into a partnership with General Motors in an effort to help advance software-defined vehicles.
11 May 2022
- Elon Musk, the Tesla CEO, confirmed that he will restore the former US President’s Twitter account should his acquisition of the social media platform successfully close later this year. Twitter announced a permanent suspension of former US President…
11 May 2022
- Zoho Corporation has announced Zoho Marketing Plus, a unified platform that brings together marketing activities across campaign ideation, creation, execution, management, and measurement, providing stakeholders across the entire marketing organisation…
11 May 2022
- This time round OPPO decided to launch both phones in the Reno7 series – the 4G version and the 5G version. We’ve already reviewed the OPPO Reno7 5G which you can read here and now the focus is on its smaller sibling. Design Unlike the curvier 5G…
11 May 2022
- Five years ago, Ringier Africa, which operated one of Africa’s top classifieds, and integrated media entity One Africa Media (OAM) merged their serves to form Ringier One Africa Media (ROAM) (not to be confused with ROAM, the firm that runs e-bus…
11 May 2022
- Uganda is clamping down on cryptocurrency trading.
The Bank of Uganda (BoU) recently issued a warning to all payment service providers in the company, prohibiting them from engaging in any crypto-related transactions.
Read more in #TCDaily.
11 May 2022
- In the past year, play-to-earn games like Axie Infinity have transformed the livelihoods of thousands of people, particularly in developing nations of Southeast Asia, where high unemployment combined with widespread smartphone penetration have led those…
11 May 2022
- What began as a social experiment between two friends, eager to change a particular narrative, morphed into a platform for market research, tracking investments and fundraising activities on the continent. Today, GetFundedAfrica utilizes education,…
11 May 2022
- United Bank of Africa (UBA) Kenya and Pan-African payments company Cellulant have partnered to launch a payments gateway to accelerate the adoption of cashless payments in Kenya. Through strategic partnerships, Cellulant is accelerating the drive for…
11 May 2022
- Congo based Web 3 super app startup Jambo has raised $30M series funding led by Paradigm. Jambo which is Paradigm’s first investment in Africa is a web 3 super app startup that combines education, collective access to play-to-earn games for lower…
10 May 2022
- Meta will start testing digital collectibles and NFTs on Instagram. Meta says NFTs will help introduce the technology to a broader group of collectors and creators. Meta CEO Mark Zuckerberg had earlier stated that Instagram will add non-fungible tokens…
10 May 2022
- Samsung has proved its expertise in display with a gamer PC screen with insane performance and folding screens. The Manufacturer has exhibited many screen technologies [Source: Sammobile] that will be delivered in the future months and years during the…
10 May 2022
- How entrepreneur Eoin Flinn and his co-founders at 254 Brewing launched a range of craft beers in the Kenyan market.
10 May 2022
- Many of Android 13‘s secrets have already been disclosed in the smartphone and tablet versions. The TV version of the operating system, on the other hand, is designed to be light on information. However, the first beta of Android TV 13 has now come,…
10 May 2022
- Africa’s recruitment marketplaces ROAM has rebranded to The African Talent Company under the leadership of Hilda Kabushenga Kragha and its shareholders Swiss Ringier AG and Australian SEEK Ltd. Formerly operating under the name of ROAM Jobs, The…
10 May 2022
- Great Learning, an arm of the Byju's group based in India has acquired Northwest Executive Education company in Singapore for a cash-stock deal worth $100 million. Great Learning is an Edtech platform providing blended teaching and learning for over 4…
10 May 2022
- Spades, a Dubai-based fintech startup offering tap-to-pay services for dine-in restaurants has raised $2.5 million from European angel investors including Thibaud Elziere, Eduardo Ronzano and Yan Hascoet, Othmane Bohlal and Omar Benmoussa. Spades is a…
10 May 2022
- Sabi, a B2B marketplace serving Africa’s informal economy, has announced the appointment of two new Advisory Board members who will work with the company, bolstering its network and knowledge to help improve the infrastructure for informal business. The…
10 May 2022
- One of the most appealing part of performance cars is the sound their exhaust makes. It’s part of the reason sport car manufacturers are going for hybrid system instead of all electric and even those that are fully electric have a sound system to…
10 May 2022
- PayPal Ventures, Kora Capital, and Clay Point led a $50 million funding round for Paymob, an Egyptian fintech startup. Helios Digital Ventures, British International Investment (previously the CDC Group), Nclude, and three Egyptian banks joined the…
10 May 2022
- The Infinix Hot 12 is one of the devices in the Hot 12 series launched by the company in the country this year. The Infinix Hot 12 Play is available in two variants both with...
10 May 2022
- Africa GreenCo (GreenCo), a Zambian company, has received $15.5 million in fundig from InfraCo Africa, the Danish Investment Fund for Developing Countries (IFU), and the EU-funded Electrification Financing Initiative (EDFI ElectriFi). GreenCo Power…
10 May 2022
- Manara, an edtech startup, has secured $3 million in a pre-seed round backed by Stripe. The funding round also included Reid Hoffman, the creator of LinkedIn, Paul Graham, the founder of Y Combinator, Eric Ries, the inventor of Lean Startup, and…
10 May 2022
- According to the Microsoft support page, Microsoft is planning to provide a free built-in VPN (Virtual Private Network) service to its Edge browser for improved security and privacy. When enabled, the Edge Secure Network encrypts users’ web traffic,…
10 May 2022
- According to the Microsoft support page, Microsoft is planning to provide a free built-in VPN (Virtual Private Network) service to its Edge browser for improved security and privacy. When enabled, the Edge Secure Network encrypts users’ web traffic,…
10 May 2022
- Sendy has been recognized as one of the World Economic Forum’s “Technology Pioneers” for 2022. The World Economic Forum announced its selection of the 100 most promising Technology Pioneers of 2022, companies that are tackling...
10 May 2022
- According to Fintechnews Africa, one-third of start-ups in Johannesburg come from the fintech sector, and over 90 per cent of the population can access the internet.
The post South Africa: Top 5 Fintech Investments in 2021 appeared first on…
10 May 2022
- Ford Pro, the automakers division founded last year that builds commercial vehicles, has today unveiled E-Transit Custom, an electric van with striking looks. The design is undeniably cool for a work van. It has narrow, squinted headlights with full…
10 May 2022
- Airtel Tanzania has partnered with WorldRemit to allow Airtel Money clients in the country to send and receive money from abroad directly into their Airtel Money wallets. Airtel Money clients can now send and receive money from over 50 countries across…
10 May 2022
- The Bank of Uganda has issued a stern warning against the use of cryptocurrencies in the East African country. In a statement issued by acting director Andrew Kawere, the finance industry regulator said it had not issued any licenses to payment…
10 May 2022
- Technology is taking a new road every day. From the Metaverse to NFTs, these are the new terms being the Talk of each social media corner. At the moment, the NFTs are trying to overcome the popularities of Metaverse. Will they succeed? While NFTs are…
10 May 2022
- ROAM Jobs has today officially announced its rebranding to become The African Talent Company. You may have not heard about ROAM jobs but you definitely have heard about some of the brands in its portfolio...