19 January 2023
- The Earthshot Prize, a global environmental prize to find, accelerate, and scale ground-breaking ideas to repair and renew the earth, has invited African startups to submit applications. Any African organizations, businesses, governments, or…
19 January 2023
- TeamApt a prominent commercial banking platform in Africa has relaunched as Moniepoint, the name of its flagship product, to better fit with a name that is already well-known and trusted by the company’s clientele. The company was founded in 2015…
19 January 2023
- The Ghana Revenue Authority imposed a fine of approximately $773 million on MTN Ghana, which is a part of MTN Group, for allegedly underreporting the amount of revenue it generated. Penalties and interest are included in the fine. According to a…
19 January 2023
- Hospitality and travel industry technology provider HotelRunner has raised $6.5 million in a Series A funding round. The capital is expected to support the company’s growth aspirations, particularly via launches in both the US and LATAM markets.…
19 January 2023
- Switzerland-based Open Forest Protocol (OFP), an open platform to measure, verify and fund forestation projects, announced on Wednesday that it has raised € 3.8M in a pre-seed round of funding from multiple VCs and angel investors. Some of the…
19 January 2023
- Berlin-based Mondu, a B2B payments company, announced on Thursday that it has secured €11.9M in a Series A extension round of funding led by Valar Ventures along with FinTech Collective. The announcement comes a couple of months after raising €20M…
19 January 2023
- Riga-headquartered Aerones, a provider of robot-enabled wind turbine maintenance and inspections service, announced that it has closed €27M in growth capital in a round co-led by Lightrock and Haniel. Blume Equity, Change Ventures, Mantas Mikuckas,…
19 January 2023
- Eindhoven-based Incooling, a company that designs and develops two-phase cooling system solutions for data centers, announced that it has closed a €3.5M pre-series A round of funding led by Pierburg Pump Technology, part of the Sensors and Actuators…
19 January 2023
- Belgium-based Cumul.io, a data visualization company that provides a low-code platform for data analysis with integration into other SaaS platforms or applications, announced that it has raised €10M in a Series A round of funding. Cumul.io says it…
19 January 2023
- As a British Pakistani, who grew up in Dubai, Sacha Haider has experienced multiple cultures firsthand. After studying History and Politics at the University of Warwick, with hopes of becoming a news anchor, an internship at the PE arm of LVMH, L…
19 January 2023
- Layoffs in the tech sector have spread across small, medium and large enterprises and the trend continues in 2023. Microsoft is the latest corporation to announce massive job cuts, a move that will cost the company $1.2 billion in severance costs.…
19 January 2023
- A lucky Kenyan walked away with a smart TV after bidding with Sh5 bob on Bids Safi. Grace, who could not hide her joy as she received the Hisense Smart TV A4 series 43, said that she didn’t believe when she first received the call from Bids Safi…
19 January 2023
- Microsoft has announced that it will be laying off 10,000 employees by the end of March this year. The job cut affects around 5% of its workforce—more than the 1% that the company laid off last year.
More in #TCDaily.
19 January 2023
- PAKAM Technology Limited has announced a pre-seed investment of $635,000. Pakam intends to achieve waste scarcity through digital tools while also developing a strong circular economy. This cash will be utilised to strengthen the company’s ecosystem…
18 January 2023
- TECNO mobile’s premium sub-brand, PHANTOM, has today launched its new flagship PHANTOM X2 Series at the GTC (Global Trade Centre) ?the Tallest landmark complex in East Africa. The PHANTOM X2...
The post TECNO Launches the Flagship PHANTOM X2 Series…
18 January 2023
- The final deadline for tech startups across Africa to apply for the fifth edition of Pitch Live at Africa Tech Summit Nairobi is coming quickly with applications closing, Friday 20th of January. Ten...
The post <strong>Final Call for Startups…
18 January 2023
- DriveMe, a top mobile technology business in Nigeria, has declared that it will buy Go! in full. In Nigeria, TwentySix is a leading supplier of valet services. DriveMe will gain national exposure in the expanding valet service market thanks to the…
18 January 2023
- The tech sector had substantial instability in the second half of 2022. Social media goliaths Twitter and Meta reduced major portions of their workforces,cloud and e-commerce juggernaut Amazon stated it will lose tens of thousands of workers, and…
18 January 2023
- An initiative to foster technological and digital innovation is being approved by the Togo government on January 11, 2023. The executive branch met in the Council of Ministers and passed “the preliminary drafted law relating to the development of…
18 January 2023
- Predictions for enterprise resource planning (ERP) over the next few years have referenced artificial intelligence (AI), usability, process automation, and others. Technology will advance in these areas, but many companies still have an outdated…
18 January 2023
- Starlink, the satellite internet company owned by billionaire Elon Musk has indicated that it will be launching in Kenya by the second quarter of the year. The company‘s website currently displays a message indicating that it will be present in the…
18 January 2023
- Short-form video app TikTok has become the 2nd non-gaming app to reach an all-time high in in-app consumer spending, reaching over $6 billion in consumer spending as of the end of Q4 2022, according to Data.ai, an AI market intelligence group.The…
18 January 2023
- Amplifica Capital, a venture capital firm based in Mexico, has recently closed its first fund after raising $11 million, exceeding its initial goal of $10 million.This marks a significant achievement for the firm, which focuses on investing in…
18 January 2023
- African Stream, a newly created social-media platform with its headquarters in Nairobi, Kenya brands itself as a tool that seeks to challenge negative stereotypes and give a voice to Africans through cutting-edge, African-centered content. This is…
18 January 2023
- Coinbase has in a press release on Wednesday confirmed it is halting operations in Japan, citing 'market conditions' as the reason for the move.The company had earlier hinted of plans to exit certain markets following the announcement of a 20% cut (…
18 January 2023
- Africans never mentally socialised to see themselves as businesspeople. But now need to take ownership of the journey to make innovative entrepreneurship mainstream.
18 January 2023
- US photo stock company Getty Images on Tuesday threatened to sue a tech company for what it terms of copyright infringement. Getty Images, a company known for its rich photo resource and distribution worldwide says that Stability AI, which owns a…
18 January 2023
- GoMechanic, an India-based auto-service startup backed by Sequoia India, has laid off 70% of its workforce as the company faces a funding crunch.The company, which offers services such as car repair and car washing, has been struggling to raise…
18 January 2023
- PeopleFund, a South Korean P2P lending platform, has recently added $20 million to its $63.4 million Series C from existing backer Bain Capital who led the extension.The additional funding brings PeopleFund’s total raised including the $63.4 million…
18 January 2023
- Remember when we said that we are not sure why tech companies are firing people all of a sudden in 2022? The spree has caught on in 2023, and the recent culprits are workers who work for Microsoft. We had argued, also, that it is possible that…
18 January 2023
- Flow's platform and its APIs enable portals to offer fully-automated off-site advertising social media and digital out-of-home boards at scale, to enable agents and portals to easily target and connect with buyers and sellers using proven best-…
18 January 2023
- The Tecno Phantom X2 and X2 Pro are the latest flagship smartphones from the company to launch in Kenya. Both of these are 5G smartphones and they were launched in Kenya yesterday. The phones are...
18 January 2023
- Cape Town-based mobile games publisher Carry1st has raised $27 million in a new financing round, a year after it announced…
The post South Africa’s Mobile Games Publisher Carry1st Raises $27M to Develop, License & Publish New Games appeared…
18 January 2023
- As digital mercantilism enters maturity, Africa is being invited to sit with the comity of nations, but it could also quickly end up on the menu.
18 January 2023
- OPPO has launched its Bluetooth audio SoC chip the Marisilicon Y officially announced at the OPPO INNO DAY 2022. The…
The post OPPO launches its first Bluetooth audio chip appeared first on TechMoran.
18 January 2023
- By Mukesh Bector, Epson’s Regional Head for East and West Africa Epson’s Regional Head for East and West Africa, Mukesh…
The post <strong>What Will Work Look Like In 2030?</strong> appeared first on TechMoran.
18 January 2023
- TECNO mobile’s premium sub-brand, PHANTOM, has just launched its new flagship PHANTOM X2 Series in Kenya, marking the brand’s bold entrance into the high-end global smartphone market. The series comprises of the PHANTOM X2 Pro...
18 January 2023
- Noah Amoke has been appointed CM.com Sales Manager for Sub-Saharan Africa (SSA). CM.com is a global company that specialises in...
Source
18 January 2023
- President His Highness Sheikh Mohamed bin Zayed, President of the UAE, presented awards to the 10 winners of the 2023 Zayed Sustainability Prize.
18 January 2023
- 5G is driving conversations in different markets now, especially in Kenya where telco Safaricom has launched the service for consumers in select places in the country and has also offered the same for fixed internet users. Consumers have also been…
18 January 2023
- Kennedy Ng’ang’a studied engineering as an undergraduate, and is today building an integrated chainlink oracle technology to power parametric insurance for smallholder farmers in Kenya.
18 January 2023
- In a move that will see Schneider Electric Kenya strengthen its assembly and manufacturing operations and resultant services and products...
Source
18 January 2023
- This is just the latest step the company has taken to cut its personnel. Sky News has learned that within a few days
The post Microsoft is cutting thousands of positions as part of its latest round of layoffs appeared first on TechMoran.
18 January 2023
- Or a neon sign with its logo on it? In a fire sale that begins on Tuesday, supporters of the social media platform will have the opportunity to purchase them.
The post Twitter is selling eccentric office supplies like neon bird logos and espresso…
18 January 2023
- Twitter is intentionally blocking some third-party apps as part of its plans to enforce its long-standing API rules. Some of…
The post Twitter is blocking some third-party apps appeared first on TechMoran.
18 January 2023
- Pan-African embedded finance Fintech Pezesha is now fully licensed to operate in Uganda, the company has announced. “We are excited to announce...
Source
18 January 2023
- Nokia is collaborating with the United Nations Children’s Fund (UNICEF) to help improve digital education and training in schools in select parts of Senegal. The partnership will be centred around advancing digital skills and coding for children and…
18 January 2023
- American electric car maker Tesla, Chinese automaker BYD and South Korea’s Hyundai Motor are finalizing a deal to invest in Indonesia’s electric-vehicle industry, according to a report by Bloomberg.This was confirmed by Luhut Panjaitan, coordinating…
18 January 2023
- South Africa-based mobile game publisher Carry1st has announced a $27 million pre-series B funding round, led by Bitkraft Ventures.Carry1st, which is focused on Africa, has raised a total of $53 million since its launch in 2018, with previous…
18 January 2023
- China led the global mobile app spending as global consumer mobile spending make a downtick in 2022, amid the current economic downturn, according to a report by Data.ai.According to the State of Mobile 2023 report, although global consumer spending…