27 May 2022
- This week on IT News Africa’s Digital Innovation Podcast, Luis Monzon interviews Wiza Jalakasi, VP of Global DevRel of Chipper Cash, an African-founded, US-based fintech startup that specialises on cross-border payment facilitations. Chipper currently…
27 May 2022
- “One of our company’s focus areas is to connect trade between Africa and Asia," says Desmond Tay, CEO of trade technology company GUUD.
27 May 2022
- The event was jointly organized by Microsoft and GetFundedAfrica, a venture service firm that helps African startups grow and scale, and featured 30 of some of the most innovative startups in Nigeria, a select number of venture capital firms as well as…
27 May 2022
- More often than not, the fintech sector is seen as disruptive in the traditional banking space. But industry insiders have discovered that it is not the case in Africa. Instead, they see partnerships as a way to solve customer pain points on the…
27 May 2022
- Huawei has increased its training in Kenya in order to increase the country’s number of Information Communication Technology (ICT) experts. At least 200 high-level advanced ICT experts and 5,000 ICT technical experienced professionals are expected to be…
27 May 2022
- Huawei has increased its training in Kenya in order to increase the country’s number of Information Communication Technology (ICT) experts. At least 200 high-level advanced ICT experts and 5,000 ICT technical experienced professionals are expected to be…
27 May 2022
- Chinese smartphone manufacturer TECNO ranked among the top 6 brands on the African continent for the sixth consecutive year, according to an announcement from the company. Established in 2011, the “Brand Africa 100: Africa’s Best Brands” rankings are…
27 May 2022
- MTN has retained the top place on the ranking of the most valuable African brands, while Kenyan beer label Tusker achieved the fastest growth in brand value.
27 May 2022
- There has been a great deal of activity since Elon Musk commenced the deal to acquire Twitter for $44 billion. Conversations have centred around the openness and credibility of the deal, with questions as to whether everything was put on the table…
27 May 2022
- “If you no get money e dey kill idea (Being broke kills ideas).” Ultimately, like Bnxn (formerly called Buju) sings, lack of readily-available funding is chief among indie artists’ troubles. But this musictech startup says it's the solution
27 May 2022
- TC Weekender is a newsletter by TechCabal that provides weekly highlights of the most important news in Africa's tech ecosystem.
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27 May 2022
- Smartphone manufacturer Itel Kenya has an ongoing shopping festival promo that will see customers who buy select devices win lots of prizes including cash. These devices include the S17, P17Pro, A58 or P38 and can be purchased from any Itel shops across…
27 May 2022
- On April 22, 2022, the Central African Republic(CAR) officially adopted cryptocurrency which came as a surprise to many in the ecosystem
27 May 2022
- Safaricom shares can be purchased online through a reputable stockbroker. You can pay with MPESA, pay bills, or Bonga points if you buy them online. If you go through a stockbroker, you’ll have to pay in cash or by bank transfer. However, you must first…
27 May 2022
- Safaricom shares can be purchased online through a reputable stockbroker. You can pay with MPESA, pay bills, or Bonga points if you buy them online. If you go through a stockbroker, you’ll have to pay in cash or by bank transfer. However, you must first…
27 May 2022
- Over the last few years, there have been conversations around PayPal being unfriendly to its users, mainly freelancers in Africa. Users in countries like Kenya have always complained about their funds being withheld by the payments platform for no…
27 May 2022
- The final close of AfricInvest Fund IV (AF IV) with total commitments of US$411 million has been announced by AfricInvest, an African investment platform. Fund AfricInvest IV is the largest in the company’s history, and it follows on from the previous…
27 May 2022
- Victory Farms, a tilapia fish farm and aquaculture firm in Kenya, has raised $5 million in new capital. Ed Brakeman, a senior managing director at Bain Capital, and Hans den Bieman, the founder and former CEO of Mowi, one of the world’s largest fish…
27 May 2022
- Google for Startups, a Google initiative giving access to equity-free funding to Black-founded startups in Africa, will be expanding its support for the $4 million Black Founders Fund program with an additional $1 million in funding.Launched in 2021, as…
27 May 2022
- Untapped Global has received a pre-seed round of US$10.3 million in debt and equity to help develop its smart asset financing strategy, which funds revenue-generating assets for entrepreneurs and SMEs in Africa and Latin America. Untapped Global, with…
27 May 2022
- ASUS has announced EMEA commercial business plans and targets during the ASUS Commercial Business Summit in Istanbul, Turkey, the first international partner event of its kind. Commercial business is an...
The post ASUS Announces Commercial Business…
27 May 2022
- Samsung, the South Korean conglomerate, has announced a five-year plan to invest more than $350 billion in its businesses and create tens of thousands of new jobs. The announcement comes only days after US Vice President Joe Biden paid a visit to a…
27 May 2022
- FoondaMate, a South African ed-tech startup, has secured US$2 million in seed funding in order to use its AI-powered learning platform to overcome global education inequality gaps. LocalGlobe led the round, which included Emerge Education, FirstCheck…
27 May 2022
- JABU, a Namibia-based B2B e-commerce company, has raised $15 million in a Series A round led by Tiger Global. Other investors in this growth round include Box Group, Knollwood, and D Global Ventures. According to the company, businesses can use…
27 May 2022
- Esaal, a healthtech startup based in Egypt, has successfully completed the Seed funding round, which was led by A15 and totaled $1.7 million. Esaal, founded in 2018 by Fadi Doss, is a telemedicine company that charges subscription fees for audio, video…
27 May 2022
- Dedoco, a Singaporean Web3-focused document management platform has raised $3 million from True Global Ventures, a New York-based venture capital firm to support its global expansion. The funds will be used to support its SaaS services and expand into…
27 May 2022
- The Kenya Copyright Board has announced it will resume charging for copyright registration. The Board says the fees will be collected from July 1, which means the free copyright registration will be free for the next month. The Board is required under…
27 May 2022
- itel Kenya has an ongoing Shopping Festival that will have consumers who buy its gadgets win prizes including cash. The itel Shopping Festival has been ongoing since mid-month and will close later in June. itel smartphones part of this promotion…
27 May 2022
- Travelling for business often means little time for packing and planning other than work schedules and meetings. Living a healthy life during travel can be challenging, and finding healthy food during a business trip is not always easy. Here are some…
27 May 2022
- Samsung’s smartphone sales grew 9% year on year in April 2022, capturing 24% of the global smartphone market, making it the highest monthly market share for the South Korean electronics giant since April 2017, according to Counterpoint Research.The…
27 May 2022
- India-based digital venture debt marketplace, 8vdx has secured $3 million in its new funding round from Y Combinator, a Silicon Valley accelerator program. The funds will be used to build out its tech platform and provide acceleration capital for 250…
27 May 2022
- According to Business Insider, a complaint was filed in California on Wednesday by a Twitter shareholder who claims Elon Musk manipulated the share price with his tweets. Elon Musk secured the deal to acquire Twitter after weeks of back-and-forth…
27 May 2022
- In a joint statement issued by the South African government and the African Development Bank, it has been revealed that the countries of the United Kingdom, the United States, France, Germany and other states in the European Union have pledged an…
27 May 2022
- Uber, a global ride-hailing services company, has hit one billion trips in Africa since entering the market less than 10 years ago. It has completed over 10 billion kilometres of trips on the continent. The company is making great strides in the African…
27 May 2022
- Nigerian fintech startup Vesti is changing the way immigrants access banking services around the world. The company launched by two brothers in 2021 is offering financial services, information and community support for nearly 272 million international…
27 May 2022
- Hyperia has announced a partnership with Yahclick to provide top-notch broadband Satellite internet in the region.
27 May 2022
- The fintech startup, Grey has announced a partnership with Cellulant in an effort to expand into Eastern Africa.
27 May 2022
- The Higher Education Loans Board (HELB) has announced plans to borrow Sh.22 billion that will be used to facilitate university students to purchase laptops. The agency intends to raise this money by issuing a social bond, a plan that the National…
27 May 2022
- Xiaomi and Leica Camera have announced their strategic cooperation for mobile imaging. The first imaging flagship smartphone jointly developed by the two companies will be officially launched in July this year. For over 100 years, Leica Camera has been…
27 May 2022
- The sixth edition of Lagos Startup Week will take place on July 25-30 at the Federal Palace Hotel on Victoria Island, bringing together founders, investors, corporates and media. For the first time, Lagos Startup Week will be hybrid in nature, with the…
27 May 2022
- South African ed-tech startup FoondaMate has raised US$2 million in seed funding as it aims to close global education inequality gaps using its AI-powered learning platform. Founded by Dacod Magagula and Tao Boyle in August 2020, FoondaMate has built a…
27 May 2022
- In this week's edition of Quick Fire, we interview a senior software engineer who thinks software engineering is not as hard as people make it out to be.
27 May 2022
- Twitter is getting fined $150 million by the US Justice Department, and the Federal Trade Commission (FTC).
Its offence? Misusing its users' data for ad targeting.
Read more in #TCDaily.
27 May 2022
- The Kenya Bureau of Standards (KEBS) in partnership with inABLE will launch the first-ever Kenya Standards (KS 2952-1:2022 Kenya Standard — Accessibility-ICT products and services — Part 1-Requirements, First Edition and KS 2952-2:2022 Kenya Standard —…
27 May 2022
- Zimbabwean founded blockchain start-up, FlexID Technologies (formerly FlexFinTx), has signed a Simple Agreement For Equity (SAFE) with the Algorand Foundation, to further develop and scale their Self Sovereign Identity (SSI) platform. The startup…
27 May 2022
- The Creative Economy Practice at CcHUB has selected 15 startups to join the Createch Accelerator 1.0 programme to enable them work at the intersection of technology and creativity to access knowledge, networks and support that quickens their path to…
26 May 2022
- The digital world is flowing with opportunities to create wealth. From sports betting – say, via placing bets on your favorite football teams on Melbet after a Melbet app download – to digital marketing, there is so much you can do online today to earn…
26 May 2022
- Using stablecoins for cross-border trade can unlock intra-African trade, but startups need to convince traders to ditch physical dollars for digital wallets.
26 May 2022
- Sophos has been named a leader in the 2022 KuppingerCole Leadership Compass for Endpoint Protection, Detection and Response. It is commended as an Overall Leader, sweeping all product, innovation and market leadership ratings.
“An increasing number of…
26 May 2022
- Cloudfret, a Morocco-based software-as-a-service (SaaS) company has raised $1 million to support its operation expansion. The funds will be used to expand its team, build out new services and increase its presence in African and European markets, it…
