01 June 2022
- Nigerian fintech startup Sproutly is a virtual banking app for children under the age of 17, providing digital savings products and a debit card with built-in parental control. Founded in June 2021 by Pierre Nwoke, Maxwell Agu and Prince Akachi,…
01 June 2022
- Egypt-born ride-hailing company Swvl is laying off 32% of its entire workforce.
The company is also reducing its overhead costs and taking voluntary salary deductions from top management.
Read more in #TCDaily.
01 June 2022
- Supply chain inefficiencies in the retail sector continue to affect how traders do business. Logistics, storage and the ever-changing consumer demands are just some of the challenges retailers have to cope with. To stay afloat in business they are…
01 June 2022
- India’s PC shipments (desktops, notebooks, and tablets) surged by 48% in Q1 2022 to a record 5.8 million units, beating the previous record of 5.3 million in Q3 2021, according to data from Canalys. Despite continuous pressure on the global supply…
01 June 2022
- The Latin American smartphone market remained resilient in Q1 2022, after a strong performance in 2021, although shipments fell slightly by 3% year-on-year to 31 million, according to data from Canalys.Samsung maintained its market leadership position…
01 June 2022
- Nutrifresh, an agritech startup firm based in India has raised $5 million in its new funding round to scale its operations in making chemical-free produce generated hydroponically. The funds will be used to expand its operations, improve traceability…
31 May 2022
- Finclusion Group,a South African fintech startup, has secured undisclosed funding from Cairo Angels Syndicate Fund (CASF), a micro venture capital fund that invests in early-stage startups in the Middle East and Africa. Finclusion will use this…
31 May 2022
- Attero Recycling, an India-based waste management provider, is planning to invest $1 billion to set up lithium-ion recycling facilities in Europe, the US, and Indonesia by 2027.The company aims to reduce the production of toxic materials used to power…
31 May 2022
- StrideOne, a fintech lending platform based in India has secured $32 million in its new funding round led by Elevar Equity. The funds will be used to build out its products to facilitate credit and non-credit needs for startups and MSMEs. StrideOne is a…
31 May 2022
- Swvl, the mass transit and shared mobility provider is cutting off its workforce by a third. According to Chief Financial Officer (CFO) Youssef Salem, while speaking to Bloomberg, the lay off will affect 400 people. The move according to Swvl is part of…
31 May 2022
- In addition, Swvl has taken other measures such as the voluntary salary deductions from the top management team; reduction of current office spaces; freezing its current hiring program, as well as travel and accommodation expenses.
31 May 2022
- The Nokia T20 tablet was the first tablet from HMD Global to launch in Kenya. This tablet is currently available locally starting from Ksh 25,500 on Jumia and other retailers across the country. This is...
31 May 2022
- Betastore, a Nigeria-based consumer goods marketplace has raised $2.5 million in its pre-series A funding from 500 Global, VestedWorld, and Loyal VC.The funds will be used to expand the firm's services to Ghana, the Democratic Republic of Congo, and…
31 May 2022
- Monetisation has been one of the biggest struggles for most content creators especially here in Africa. Social media influencers for example have always lamented that despite their large numbers of followers, it is somewhat challenging to drive any…
31 May 2022
- In this explainer, we break down terms like AR, MR, VR and XR while giving realistic and relatable examples so you too can have something—other than money—to throw around.🌚
31 May 2022
- Facebook has been having a really tough time this past few years with increasing scrutiny and new privacy regulations across the globe. The social media giant is now failing to keep up and comply with user data privacy and security regulations in…
31 May 2022
- A report published by Israeli cybersecurity company CHEQ, on Monday, May 30 indicates that 12% of all traffic originating from Twitter is made up of bots. The cyber security firm said it analyzed 5.21 million website visits originating from Twitter…
31 May 2022
- SIM swapping is a thing and it allows scammers to use your mobile number to take over your financial accounts. Fraudsters have been registering an existing mobile number on a new SIM card purchased from a local shop, claiming to be the original owners…
31 May 2022
- The GoGettaz Agripreneur Prize, which aims to find Africa’s brightest young agri-food entrepreneurs and will award US$50,000 in cash to each of two winners, is now accepting applications from African agri-tech startups.The GoGettaz Agripreneur Prize…
31 May 2022
- After recording significant success in the PC segment, Asus is now turning its focus to Europe, the Middle East and Africa (EMEA) region to tap from the growing commercial segment. During the Commercial Business Summit held in Istanbul, Turkey, Asus…
31 May 2022
- Over the last couple of weeks, there have been overwhelming reports of Kenyans getting their SIM cards illegally swapped, leading to the loss of data and money from their mobile wallets. Local telcos have not yet revealed official data of how many…
31 May 2022
- Cryptocurrencies are here to stay and, as time goes by, names such as Bitcoin, Litecoin or Ripple become more familiar to us. The entertainment industry is no stranger to this global phenomenon and that is why it is gradually taking advantage of its…
31 May 2022
- Maisha Meds, a Kenyan-based digital pharmacy network which provides a business management software and reimbursement programs for pharmacies, drug shops and clinics, and patient support via its point-of-sale pharmacy app, has reached 1,000 active…
31 May 2022
- Shopstar, a local e-commerce platform, has secured third-round funding from Launch Africa Ventures, signaling the start of the next phase of its growth strategy. The Proudly South African, cloud-based, e-commerce platform, helps local entrepreneurs to…
31 May 2022
- Land Rover debuts their largest Defender yet, the 130, an eight seater with the usual off-road prowess expected from the brand. At 13.38 inches larger than the standard 4 seater, the new Defender 130 is the longest in the series history. It will be sold…
31 May 2022
- On Android, you can crop videos using a variety of apps. Google Photos and the stock Gallery app on Samsung Galaxy devices are the two that will work best for the majority of people. We’ll go over them both. Cropping Videos in Google Photos Your Android…
31 May 2022
- Over the last couple of days, you have probably heard a lot about SIM Swap fraud. This has been one of the trending topics on social media and for good reason. One Twitter user says...
31 May 2022
- These games to play without anything are entertaining small games that you may play at home or anyplace with your family or friends.
31 May 2022
- When you delete a folder, Gmail deletes the folder but keeps all of the emails that were in it. You cannot restore a deleted folder, but you can create a new folder from scratch if you wish. If you want to delete all of your emails in that folder before…
31 May 2022
- When you delete a folder, Gmail deletes the folder but keeps all of the emails that were in it. You cannot restore a deleted folder, but you can create a new folder from scratch if you wish. If you want to delete all of your emails in that folder before…
31 May 2022
- Enko Education, a network of African international schools, has closed $5.8 million Series B round led by Adiwale Partners and followed by the Steyn Capital family office, existing institutional investors Proparco, Investisseurs et Partenaires and…
31 May 2022
- Statistics SA reported on Monday that the unemployment rate dropped from the record high of 35.3 % in the fourth quarter of 2021 to 34.5% in the first quarter of 2022. The latest data shows that an estimated 370 000 jobs were gained between the fourth…
31 May 2022
- Start-ups may be young companies but are no less key actors in the economic and social development of Africa. Their founders, single or multiple, explore innate entrepreneurial characteristics (a trait encouraged among any given populace) to build and…
31 May 2022
- Today’s businesses operate in a fast-changing environment. Enterprises are under constant pressure to deliver new products, services, and offerings faster than ever before. Time-to-market has become the primary performance indicator...
The post…
31 May 2022
- YouTube has announced that a single comment will be displayed below the new teaser presentation video. When expanded or clicked
31 May 2022
- Privyr, a Singaporean conversion leads generation platform for consumer-facing salespeople and businesses has raised $6 million in its Series A funding round led by MassMutual Ventures and Vulcan Capital. The funds will be used to expand its product…
31 May 2022
- In advancing the frontiers of scientific research in areas of specialization like artificial intelligence, the African Institute of Mathematical Sciences – Ghana (AIMS Ghana) has signed a Masters Sponsored Research Agreement (MSRA) with Google Research…
31 May 2022
- Synaptic, an alternative data insight-generating firm based in India has raised $20 million in its Series B funding round led by Valor Equity Partners. The funds will be used for its product innovations, to improve data science capabilities, develop…
31 May 2022
- The 2022 edition of the AFRICA CEO FORUM, the largest annual event dedicated to private sector development in Africa, will be held on June 13-14, 2022, in Abidjan, Côte d’Ivoire.
31 May 2022
- MTN Group has appointed Tumi Chamayou as Group Executive for Enterprise Business Unit (GEBU), which takes effect from 1 June 2022. Tumi has been working with the EBU since 2018, when she joined as general manager for large enterprise sales, where she…
31 May 2022
- The Cairo Angels Syndicate Fund (CASF) has announced its third African investment in Mauritius-based fintech, Finclusion Group.
31 May 2022
- Zain has announced the launch of Vo5G with a nationwide coverage, making them the first telecom operator worldwide to do so.
31 May 2022
- ADCB-Egypt and Temenos have announced a partnership to enable a next-gen digital payment solutions for composable banking.
31 May 2022
- A non-profit organisation group, SumOfUS, published a report on 24 May 2022 that revealed that a researcher’s avatar was sexually assaulted in Horizon World, a Meta-owned metaverse platform. The report titled “Metaverse: another cesspool of toxic…
31 May 2022
- GetFundedAfrica, a platform leveraging media and technology to support African start-ups and SMEs to grow and scale, is pleased to announce the beginning of its Rain 2022, investor-readiness cohort program with 11 start-ups. The program begins today,…
31 May 2022
- Moroccan logistics and digital freight startup CloudFret has raised US$1 million in funding to help it expand further in African and European markets. Founded by Driss Jabar in 2021, CloudFret is a transport and logistics company that connects truck…
31 May 2022
- Colt Technology Services has announced that they have selected Nour Global in an effort to provide global MPLS and internet services in the Middle East.
31 May 2022
- Vertiv has announced a distribution partnership with Tech First Gulf to help extend its market precense over East Africa.
31 May 2022
- Vertiv Signs Channel Distribution Agreement with Tech First Gulf Covering East Africa Vertiv (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, has announced a distribution partnership with Tech First Gulf (TFG)…
31 May 2022
- Clickatell has been acknowledged as the Communications Solutions Provider of the Year by Nigeria Communications Week.