31 May 2022
- Kaspersky has released a report wherein they have researched about the various cyberthreats that small and Medium sized businesses in Africa.
31 May 2022
- Tumi Chamayou has been appointed as the new Executive for the Enterprise Business Unit, MTN disclosed in a recent announcement.
31 May 2022
- Sugar Cosmetics, an India-based brand focusing on personal care and direct-to-consumer (D2C) beauty products has secured $50 million in its Series D funding round led by L Catterton, with participation from A91 Partners, Elevation Capital, and India…
31 May 2022
- Fullerton Fund Management, a Singaporean investment firm under Temasek has raised $100 million for private equity strategy in Thailand through KBank Private Banking, Hatton Equity Partners, and Land and House Asset Management. The strategy is available…
31 May 2022
- Phone makers do partnerships with popular camera brands all the time. OnePlus, for instance, has been working with Hasselblad for some time now. And before things went under for them, at least in the Western markets, Huawei was known to collaborate with…
31 May 2022
- African agri-tech startups are invited to apply for the GoGettaz Agripreneur Prize, which aims to find Africa’s brightest young agri-food entrepreneurs and will award US$50,000 in cash to each of two winners. The GoGettaz Agripreneur Prize is searching…
31 May 2022
- Energy Capital & Power (ECP) has announced that it has renewed its strategic partnership agreement with energy knowledge provider, Rystad Energy. Following a successful, mutually beneficial relationship over the past year, the renewal is set to…
31 May 2022
- Asus is known for its ability to make great and innovative laptops, including the ZenBook Duo series that ships with two displays. It has also been selling its devices in the Kenyan market for a while now, and we even covered the 14 Flip OLED a couple…
31 May 2022
- The Republic of Congo imports significant volumes of animal protein and therefore offers investment opportunities throughout the livestock production value chain.
31 May 2022
- Clickatell, a CPaaS innovator, and one of the Chat Commerce leaders was acknowledged by Nigeria Communications Week as their Communications Solutions Provider of the Year, as part of their 13th Beacon of ICT (BoICT) Awards, held on Saturday (28 May 2022…
31 May 2022
- AfricInvest, a leading investment platform active in multiple alternative asset classes including private equity, venture capital, private credit and listed equities, has announced the final close of its AfricInvest Fund IV with total commitments of US$…
31 May 2022
- The Nigerian Communications Commission (NCC) has granted an operational license to Starlink, a satellite internet constellation operated by SpaceX, providing satellite internet access coverage to 32 countries. The licence came after the company’s staff…
31 May 2022
- Constant Ventures is raising a $100 million venture capital fund to invest in West African startups.
Read more in #TCDaily.
31 May 2022
- Egypt-based biotechnology startup Natrify has raised a six-figure pre-Seed round from Ambo ventures, a recently launched, sustainability-focused USD 50 Mn VC fund focused on investing in startups based in Africa. It is currently planning to launch its…
31 May 2022
- Founded in 2020, Gooo Delivery has a goal of providing point-to-point delivery services using mobile applications. Users can order food, medications, and groceries from a network of partner stores, which are then collected by Gooo runners and delivered…
31 May 2022
- Channel provider SPI International/FilmBox has partnered with pay-television platform StarTimes Media to launch a Turkish drama channel (TDC) available to subscribers in English language and subtitles in Kenya. TDC features over 600 hours of popular…
30 May 2022
- If you’re eager to start a career in the healthcare industry, you’re not alone. Right now, millions of undergraduates are completing their medical degrees. In addition to this, millions of others are completing certificates and online training courses…
30 May 2022
- The umbrella firm of India-based ShareChat, Mohalla Tech has raised $300 million in its latest funding round bringing it to a valuation of $5 billion. Mohalla Tech is a software solution-providing firm focusing on designing and developing platforms for…
30 May 2022
- Samsung is planning to make The Freestyle, its portable LED projector to Kenya any time from now. The projector is currently available for pre-order and customers can pre-order one for Ksh.139,995 with a commitment of 10% of the RRP. Samsung…
30 May 2022
- First Digital Trust, a digital asset unit of the Legacy Trust firm based in Hong Kong has raised $20 million in its Series A funding round from Nogle and Kenetic Capital. The funds will be used to build its secondary markets for private equity and…
30 May 2022
- Back in April, there was a rush to update SIM registration details as the CA’s deadline for doing so approached. All telcos including Safaricom provided an option to complete the process online but given the...
30 May 2022
- Germany's Siemens Mobility has signed a deal to develop a new high-speed rail line in Egypt that would link 60 cities across the country.The fully-electrified line will see trains with a top speed of 230 kilometers per hour travel from the Red Sea to…
30 May 2022
- The microblogging service has weathered storms ranging from billionaire investor Elon Musk's controversial acquisition
30 May 2022
- As Stax celebrates its first anniversary, we caught up with its CEO and co-founder, Ben Lyon, to discuss the startup's commitment to providing offline mobile banking services, its growth aspirations, and upcoming features on its app.
30 May 2022
- The dotZA Domain Name Authority (ZADNA) has published draft rules aimed at further regulating the registration and operation of websites in South Africa. For local hosting companies that offer domain name registrations and registrar services, additional…
30 May 2022
- The payments will be collected beginning July 1, according to the Board, which means that the free copyright registration
30 May 2022
- If you’re thinking of trading Forex, it’s essential to understand the role of liquidity providers. These companies help facilitate Forex trades by lending their own money to retail traders. It’s a risky business, but liquidity providers can offer a…
30 May 2022
- South African edtech startup FoondaMate is helping high school students in emerging markets to access revision material through WhatsApp and Facebook Messenger. According to co-founder Dacod Magagula, the choice of WhatsApp was informed by its wide…
30 May 2022
- ADCB-Egypt, a member of Abu Dhabi Commercial Bank Group , has extended its collaboration with Temenos to offer the next-generation digital payments on Temenos open platform for composable banking. With this new cooperation, ADCB-Egypt will tap into the…
30 May 2022
- realme smartphone brand defied global supply chain disruptions to make it to the list of top 5 handset makers with record shipments to Africa. While annual global smartphone shipments fell by 11 percent to 311.2 million units in Q1 2022, realme was…
30 May 2022
- MTN Group announced the appointment of Tumi Chamayou as Group Executive: Enterprise Business Unit (GEBU), which takes effect from 1 June 2022. Tumi joined the GEBU team in 2018, as General Manager for Large Enterprise Sales, and has been Acting…
30 May 2022
- South Africa’s ruling party, the African National Congress (ANC), has launched a new proposal to implement widespread changes around TV broadcasting regulations in the country with a focus on the broadcasting of sports. The proposed amendments are…
30 May 2022
- When a small business owner is faced with the responsibilities of production economics, financial reports, and marketing all at the same time, cybersecurity can often appear complicated and, at times, unnecessary. However, this disregard for IT security…
30 May 2022
- The Cairo Angels Syndicate Fund (CASF), a micro venture capital fund based in Cairo that invests in early-stage startups in the Middle East and Africa, is delighted to announce its investment in Finclusion Group, a fintech startup. Finclusion Group is…
30 May 2022
- Nigerian-based startup, Betastore has secured a $2.5 million in pre-series A funding with a bid to expand to Ghana, the Democratic Republic of Congo, and Cameroon by the end of this year The fund was secured from 500 Global, VestedWorld, and Loyal VC.,…
30 May 2022
- For those addicted to products from realme, the manufacturer is set to release another product very soon. Here in Kenya, realme is known for coming up with models which have value for money. The manufacturer...
30 May 2022
- ShEquity has secured a $1.2 million co-investment from the USAID Trade Hub to invest in and support over 100 high-potential women-owned or led enterprises. Women entrepreneurs, according to Pauline Koelbl, Founder and Managing Director of ShEquity, are…
30 May 2022
- Following allegations of privacy abuses by the US authorities, Twitter has agreed to pay millions in fines. US authorities penalized Twitter $150 million for gathering users’ email addresses and phone numbers for security concerns and then exploiting…
30 May 2022
- Starlink, a satellite internet network operated by SpaceX, has been granted a license by the Nigerian Communications Commission (NCC). Elon Musk, CEO of Tesla, revealed on Twitter that Nigeria and Mozambique have approved Starlink, the satellite…
30 May 2022
- Based in San Francisco, Africa, and Europe with an all-female investment leadership team, Untapped Global aims to empower the next billion entrepreneurs to scale to their full potential by connecting frontier market innovators to global investors online…
30 May 2022
- Bitcoin, the world’s largest and most important cryptocurrency, is currently sitting around $30,000 after losing around 60% of its value in a period of just 6 months in a drop that has led a new round of crypto critics pointing out the unpredictability…
30 May 2022
- M Auto, a ‘mobility as a service’ startup has raised undisclosed funding from Africa Transformation and Industrialisation Fund (ATIF), an Africa-focused investment fund, to launch in Togo and Benin in a move that will see it as the largest electric…
30 May 2022
- M Auto, a ‘mobility as a service’ startup has raised undisclosed funding from Africa Transformation and Industrialisation Fund (ATIF), an Africa-focused investment fund, to launch in Togo and Benin in a move that will see it as the largest electric…
30 May 2022
- According to Pauline Koelbl, Founder and Managing Director of ShEquity, women entrepreneurs are integral to Africa’s success, as they operate more than 40 percent of small and medium-sized businesses on the continent. However, African women…
30 May 2022
- Broadly, the deal would be one of the biggest in the technology space in years, sitting alongside the likes of Dell’s purchase of EMC (VMware’s former owner) for $67 billion in 2015, and Microsoft’s $68.7 billion bid for video game company Activision…
30 May 2022
- VerifyMe Nigeria, a digital identity and consumer analytics technology company, has launched a digital plate number verification service that verifies motor vehicle and motor owner data instantly via plate number. With products such as license plate…
30 May 2022
- Constant Ventures, a part of the Constant Group (www.constantafrica.com) is raising a $100 million venture capital fund to invest across a range of technology start-ups with a focus on financial inclusion, education and healthcare. Investee companies…
30 May 2022
- Fear reigns among Meta’s ex-Facebook stockholders since the company announced a drop in user numbers and $ 10 billion in losses due to its virtual world. And even facebook lifted the threshold on this first...
30 May 2022
- Expand, a mobile app that rewards players with cash and airtime for their knowledge and attention to brands, products, and services, has taken South Africa by storm. At 20:00 every weeknight, tens of thousands of people from every corner of the country…
30 May 2022
- Investee companies will initially be located across Nigeria and Ghana, with the fund set to target the wider West Africa region. Recent advances in digital information technology provide an opportunity to both build and scale solutions to everyday…