Tech

18 October 2022 - This week, BYJU’S an Indian EdTech startup raised $250 million in its latest funding from existing investors in a private equity round, in a bid to restructure and push itself towards profitability amidst macroeconomic constraints and layoffs. This…

18 October 2022 - A new report from Juniper Research has revealed that the global total BaaS (Banking-as-a-Service) platform revenue will exceed $38 billion by 2027, an increase from $11 billion in 2022.Chart: Acquah Yeboah / Techloy.comThe rapid growth of 240% will…

18 October 2022 - The European venture funding continued on a downward trend in the third quarter of 2022, hitting its lowest point in nearly two years, driven majorly by a drop in early-stage investment.According to Crunchbase analysis, investor funding for the…

18 October 2022 - Konza Technopolis Development Authority (KoTDA), has held a meeting with US-headquartered VMware, an innovator in enterprise software and cloud computing,... Source

18 October 2022 - The past few years have been immense for the African tech space. Thanks to substantial infrastructure investments, connectivity has become... Source

18 October 2022 - Egyptian delivery management startup Roboost, previously known as Tayar, has secured a six-figure US dollar seed round of funding to help it grow. Founded in 2020, Roboost is an AI-powered automated delivery management solution that digitally mimics…

18 October 2022 - Multi-category delivery player, Glovo, has launched its third micro fulfillment center in Kenya as the company expands its Q-commerce division.... Source

18 October 2022 - The Alibaba Global Initiatives (AGI), a professional training arm of Alibaba Group, has enrolled the second class of more than 360 African entrepreneurs for its Alibaba Netpreneur Training programme. The Alibaba Netpreneur Training Programme was…

18 October 2022 - Ghanaian logistics startup ShaQ Express has bootstrapped its way to 13,000 customers in its home market, and is now planning further growth at home and abroad. Founded in 2020, ShaQ Express bridges the gap between vendors and customers by providing…

18 October 2022 - Kelvin, the collaborative control software company delivering industrial intelligence, has launched Kelvin Maps™ – one of the world’s first industrial... Source

18 October 2022 - Epson has launched the newest version of its Epson Print Admin (EPA) software featuring advanced workflows such as the ability to create and search PDFs in 29 languages using Optical Character Recognition (OCR). This gives partners the opportunity…

18 October 2022 - The Communications Authority (CA) has partnered with Chinese technology firm Huawei to train young people in institutions of higher learning on cyber security. The three-day intensive boot camp is taking place in Naivasha between 17-19th October and…

18 October 2022 - Technology giant Microsoft has announced a major rebrand for its popular productivity suite, Microsoft Office. The suite that’s popular for tools such as  Excel, Outlook, Word, and PowerPoint will now be part of Microsoft 365. This is the major…

18 October 2022 - A report by online privacy and protection firm Sufshark has revealed huge discrepancies between internet access and speeds in developing countries and the developed world. The internet divide study, which is based on data from the annual Digital…

17 October 2022 - It was bound to happen. Ye has decided to buy his very own social media platform, Parler. Chances are Parler... Source

17 October 2022 - Kenyan musician Willy Paul and actress Sarah Hassan have been announced as brand ambassadors for the Oppo Reno8 series, ahead of its launch into the Kenyan market.  The Reno8 is the latest addition to Oppo and is set to be launched in the country on…

17 October 2022 - Uganda is set to hold it’s annual National Week for Science, Technology, and Innovation in the week from 6th to... Source

17 October 2022 - Herconomy’s pre-seed raise will go down in history. The Startup’s funding story stunned the tech community last year. Within 24 hours of its founder, Ife Durosimi- Etti’s Instagram post, the community-based Startup raised $600,000 in funding to…

17 October 2022 - FlapKap, an Egyptian revenue-based financing platform, announced the completion of its $3.6M seed round, which included investors Bolt by QED, Nclude, Outliers, and A15. In a statement, Flapkap said it would use the money to help more e-commerce…

17 October 2022 - Be Mobile Africa has launched a new multi-currency business banking platform for African businesses. Customers can apply for and open USD and EUR business accounts within 48 hours without visiting a bank branch in person. The new service from the…

17 October 2022 - Roboost, formerly known as Tayar, is an Egyptian technology start-up. It has raised a six-figure seed round from Falak Startups and AUC Angels. It also received additional funding from Flat6Labs. The company didn’t say how much money was raised in…

17 October 2022 - South African employee wellness startup Strove has secured an undisclosed amount of funding from Japanese VC firm Lifetime Ventures to help it build out its platform. Founded in 2020 by Chris Bruchhausen in partnership with venture builder The Delta…

17 October 2022 - Epson has launched the newest version of its Epson Print Admin (EPA) software. The software includes advanced workflows such as... Source

17 October 2022 - President Yoweri Museveni on Friday assented to the controversial Computer Misuse (Amendment) Bill 2022, which penalizes anyone engaged in online... Source

17 October 2022 - Six African fintech companies have been declared finalists of this year’s Ecobank Fintech Challenge, and will now compete for a top price of US$50,000 and admission to the Ecobank Fintech Challenge Fellowship programme. Ecobank is a leading…

17 October 2022 - Egyptian B2B trucking marketplace Trella has secured a further significant debt facility from ALMA Sustainable Finance (ALMA) and the US International Development Finance Corporation (DFC) to support the growth of its operations. Founded in 2018,…

14 October 2022 - The first known non-fungible token (NFT), ‘Quantum’ came into existence in 2014 and was sold for just $41. NFTs started... Source

14 October 2022 - Phone manufacturer, Xiaomi has worked on and released a plethora of midrangers in the recent past. One of its famous... Source

14 October 2022 - Egyptian startup FlapKap, a tech-enabled revenue-based financing platform that aims to revolutionise the e-commerce space, has announced the close of its US$3.6 million seed round.  Founded earlier this year by Ahmad Coucha and Khaled Nassef,…

13 October 2022 - Startwise has launched in Kenya to enable enterpreneurs to build a succesful drop shipping business. Startwise trains aspiring entrepreneurs on… The post Startwise Launches In Kenya To Help Local Entrepreneurs Launch A Profitable Drop Shipping…

13 October 2022 - A report by pan-African tech publication Disrupt Africa has revealed that African tech startups raised $2.7bn in funding in the first 9 months of 2022. This is an increase of nearly 30% of the total amount raised in the whole of 2021. The report…

13 October 2022 - Like in all other continents, the COVID-19 pandemic caught Africa unawares, exposing glaring gaps and long-ignored risks within the continent’s health systems; from weak primary healthcare, overreliance on medical imports,... The post What the…

13 October 2022 - Airtel Africa and the American Tower Corporation (ATC) have announced a deal that will see the two parties enter a beneficial multi-year and multi-product transaction. The idea here is that Airtel Africa will leverage ATC’s substantial…

13 October 2022 - We are not sector-agnostic but geography-agnostic, to the extent that a startup is within Africa. We want to invest in Botswana and help those Botswana startups and founders grow outside our borders into the rest of Africa. @angelnetworkbw #…

13 October 2022 - MoKo Home + Living, a Kenya-based home furniture manufacturer and omnichannel retailer has announced the close of a $6.5M Series B round co-led by U.S based investment fund Talanton and Swiss investor AlphaMundi Group.Founded in 2014 by Eric…

13 October 2022 - Kenya’s recent twin shipment of batteries and tea to Ghana – the first from an East African economy under the African Continental Free Trade Area – has injected fresh impetus into the fledgling free trade initiative.

13 October 2022 - FlapKap enables e-commerce businesses to scale and grow by targeting businesses that traditionally have limited access to bank or venture capital financing.

13 October 2022 - The global Artificial Intelligence (AI) market which includes software, hardware, and services for AI-centric and AI-non-centric applications grew 20.7% to reach $383.3 billion, in a report by IDC.The AI software market held the largest share in the…

13 October 2022 - The Federal Communications Commission plans to ban all sales of new Huawei and ZTE telecommunications devices and video surveillance equipment in the U.S., due to national security concerns, according to Axios, citing sources with direct knowledge…

13 October 2022 - Play this puzzle before you say yes. #TCGame

13 October 2022 - Ugandan president, Yoweri Museveni, has signed the controversial Computer Misuse Bill into law. The Act seeks to criminalise online harassment and unlawful interception, but many are concerned that the government will use it to suppress digital…

13 October 2022 - VUZ, a Dubai-based social app that allows users to stream and experience immersive realism in extended reality (XR) and metaverse digital experiences, has just announced the close of a $20 million Series B round.The round has a mix of U.S and EMEA-…

13 October 2022 - Venture capital investment marked its lowest in Q3 2022 since the first quarter of 2020 when the world was just entering into a pandemic and only $19.6 billion was raised by startups in the region.Funding sank to its lowest level in 10 quarters, a…

13 October 2022 - The crypto market in the Middle East & North Africa (MENA) may be one of the smaller markets, but is the fastest growing in the past year, according to data from Chainalysis.The region saw an unprecedented 48% jump in crypto adoption as more and…

13 October 2022 - New-age solutions and systems integrator, +OneX, has acquired South Africa’s leading Citrix on Azure solutions provider, EUCafrica, as part of its strategy… The post +OneX Buys South African computing specialist, EUCafrica, to drive digital…

13 October 2022 - Over 350 companies from over 18 countries including Kenya, South Africa, Egypt, Nigeria, and Rwanda have submitted applications for the... Source

13 October 2022 - Over 350 companies from over 18 countries including Kenya, South Africa, Egypt, Nigeria, and Rwanda have submitted applications for the... Source

13 October 2022 - Innovation is a term thrown around a lot in business, but what does it really mean? Everyone can wax on... Source

13 October 2022 - EzyAgric, an agtech company that integrates ICT in the delivery of production and marketing services to farmers  and value chain digitization to… The post EzyAgric and Pezesha launch digital Buy Now Pay Later service for agro-dealers in Uganda…

13 October 2022 - Samsung Electronics has unveiled the 2022 Galaxy A04s, which comes in a new sleek, stylish design with new enhanced features... Source