25 May 2022
- FoondaMate, a South African edTech startup, has secured $2 million in a seed funding round led by LocalGlobe, a UK-based venture capital firm, to expand its Whatsapp and Facebook-based learning chatbot globally. Other investors included Emerge Education…
25 May 2022
- The National Social Security Fund ( NSSF ) is a type of savings account for Kenyan workers. You can make monthly contributions until you retire or reach the age of 55, at which point you can claim the money you saved. Contributions are now easier to…
25 May 2022
- The National Social Security Fund ( NSSF ) is a type of savings account for Kenyan workers. You can make monthly contributions until you retire or reach the age of 55, at which point you can claim the money you saved. Contributions are now easier to…
25 May 2022
- A large number of 2021 KCSE candidates are expected to be admitted to various higher education institutions for 2021/2022 June and September intakes. Guardians/Parents can begin raising school fees now while waiting to find out where their sons and…
25 May 2022
- A large number of 2021 KCSE candidates are expected to be admitted to various higher education institutions for 2021/2022 June and September intakes. Guardians/Parents can begin raising school fees now while waiting to find out where their sons and…
25 May 2022
- JSE-listed technology company Mustek has announced the appointment of MD Hein Engelbrecht as interim CEO. The company’s board made the announcement a week after the sudden passing of Mustek founder and CEO David Kan. Kan, 62, passed away unexpectedly…
25 May 2022
- Africa Network for Environment and Economic Justice (ANEEJ) in collaboration with other Climate Justice Activist groups has called on Shell Petroleum Development Company to stop oil extraction in Nigeria. The activist groups have also reportedly called…
25 May 2022
- Nowports, a logistics company based in Mexico has raised $150 million in its Series C funding round bringing it to $1.1 billion in valuation and now a unicorn.The funds will be used to hire more tech and engineering talents and expand its services to…
25 May 2022
- Kenswitch Kenya Limited and Absa Bank Kenya Plc (formerly Barclays) have announced a partnership that will see the bank’s customers access more than 2.2K ATMs on the Kenswitch network. According to the partners, this should allow additional access to…
25 May 2022
- Incentro announced it has renewed its Infrastructure Specialization in Google Cloud Partner Advantage. The Google Partners Advantage program enables organizations like Incentro to gain access to training, support, and resources to set clients up to…
25 May 2022
- Legislators are pursuing a draft law named the Kenya Information and Communications (Access and Infrastructure Sharing) Regulations, 2022. The regulations cover guidelines for infrastructure sharing, infrastructure sharing agreements, exemption from…
25 May 2022
- Legislators are pursuing a draft law named the Kenya Information and Communications (Access and Infrastructure Sharing) Regulations, 2022. The regulations cover guidelines for infrastructure sharing, infrastructure sharing agreements, exemption from…
25 May 2022
- African startups are invited to apply for the Last Mile Money Accelerator programme, which offers funding and support to startups serving last-mile communities with digital financial services and cash-in/cash-out innovations. After a successful first…
25 May 2022
- I&M Group PLC has reported a 44% growth in Profit after tax to Kes 2.7 billion compared to Kes 1.9 billion in the same period in 2021. This is according to the Group’s Q1 2022 results released on Tuesday. During the period under review, the Group’s…
25 May 2022
- For some time now, Google has locked horns with the Russian government for failing to delete content that Moscow deems offensive and illegal. Following this standoff, Russia has reportedly seized Google’s bank account making it impossible to pay staff…
25 May 2022
- Merqueo, a digital supermarket that operates in Colombia, Mexico, and recently Brazil, received a US$22 million financing package from IDB Invest and Blue like an Orange. The former is the private investment arm of the Inter-American Development Bank,…
25 May 2022
- Petrodel Resources Ltd. (‘Petrodel’), a leading energy company in the development of oil and gas reserves, has announced its intention to revive its operations in Tanzania. Petrodel will invest approximately USD 80 million to meet first well…
25 May 2022
- Mentum, an API that can be integrated into the applications of other finTechs to massify investment products, received $4.2 million in funding led by Google’s Gradient Ventures, with participation from Global Founders Capital, Soma Capital, Investo, Y…
25 May 2022
- The Argentinian tech academy HENRY announced it raised $10M in a Series A round co-led by Kayyak Ventures and Seaya & Cathay. Other participants were Amarena, DILA Capital, Eduardo Della Maggiora (Betterfly), Accion Venture Lab, Tim Draper, and …
25 May 2022
- London-based OpenDialog, an open-source conversational experience platform that creates scalable and secure conversational applications, announced that it has raised €4.66M in a Seed round of funding. Raised in only four weeks, the funds will enable…
25 May 2022
- Dublin-based TransferMate, a global B2B payments technology startup that enables companies to send and receive payments cheaper, faster, and easier than before, has announced that it has raised $70M (approximately €66M) in a fresh round of funding. With…
25 May 2022
- The KCB Group PLC Board has today appointed Paul Russo as the company’s Group Chief Executive Officer (GCEO) effective May 25, 2022. He replaces Mr Joshua Oigara who has been the GCEO for the last...
25 May 2022
- Nomagic, a Polish startup that has built a robotic arm that can identify and pick out an item from an unordered selection (say, from objects in a box) and then move or pack it into another place, has raised $22 million, funding that it will be using…
25 May 2022
- Paris-based mental health startup Moka.care has raised €15 million in funding to support mental wellbeing in the workplace. The Series A round was led by US-based VC Left Lane Capital with participation from existing investor Singular. VC firm Origins (…
25 May 2022
- Berlin-based Knowunity has raised €10 million in a Series A round co-led by Redalpine and Stride. Existing investors including Project A and the founders of Booking.com and Preply, as well as World Cup-winning footballer Mario Götze also participated…
25 May 2022
- A Nigerian man has launched an NFT project called Looty to reclaim African artefacts looted by European colonisers. His plan? Using "digital art heist" to scan, and render 3D images of African art from foreign museums.
Read more in #TCDaily.
25 May 2022
- UK-based food technology startup Foodsteps has raised $4.1 million in seed funding to allow businesses to calculate, reduce and label the environmental impact of their food from farm to fork. The seed funding round, led by Octopus Ventures, will allow…
25 May 2022
- Edinburgh-based Neurolabs has raised €3 million in a seed funding round that will enable the company to continue to scale operations as well as expand its offering to include several consumer packaged goods use cases. Since 2019, the startup has raised…
25 May 2022
- Minus Zero said it has raised $1.7 million led by Chiratae Ventures, along with participation from JITO Angel Network and senior executives from tech companies like Nvidia, and Lyft. The deal marks the first time an Indian self-driving car company is…
25 May 2022
- Electric ride-hailing service BluSmart on Tuesday announced it has raised $25 million as part of its extended Series A1 round. In total, the startup has raised $50.7 million as part of its Series A round. BluSmart said that its EV ride-hailing platform…
25 May 2022
- Microsoft, during its Build developer event, unveiled a Power Platform, Microsoft’s low-code development platform meant to make it easier for business to create apps without requiring advanced programming skills. This year, Microsoft is introducing…
25 May 2022
- Mastercard and OPay have announced a strategic partnership, marking a significant boost for wider financial inclusion and economic prosperity by opening up digital commerce to millions of people across Middle East and Africa. The collaboration enables…
24 May 2022
- Honoris United Universities, the first and largest pan-African network of private higher education institutions in Africa, releases its inaugural impact report. The report highlights Honoris’ commitment to Education for Impact for students, their…
24 May 2022
- Lender KCB has announced Paul Russo as its new CEO. This is after the departure of its long-time head, Joshua Oigara, who has been with the bank for nine years. He was supposed to exit the company a year ago, but the KCB board extended his tenure by the…
24 May 2022
- Co-founder of the Doppio Zero chain talks about the group's humble beginnings, lessons learnt from franchising and growth potential in the restaurant space.
24 May 2022
- Uber today announced a significant milestone — it has completed 1 billion rides across all its markets in Africa. This feat translates to over 10 billion kilometres in terms of distance covered, according to the company. This milestone for Uber is…
24 May 2022
- Jovian, an edtech startup based in India has secured $1.5 million in its new funding round led by Multiply Ventures. The funds will help the startup to expand its team of data science experts, advance its curriculum and mentor its growing learner base…
24 May 2022
- Polymerize, a software-as-a-service (SaaS) startup based in Singapore has raised $4.2 million in its new funding round led by Elevation Capital. The funds will be used to increase its talent hiring and expand its services in India, Japan, and the US, it…
24 May 2022
- Enabill, a fintech startup in Kuwait has secured $1.2 million in its seed funding round from The Taken Seat Venture and angel investors in Kuwait. The funds will help the startup to develop its tech team, increase its capabilities and expand in Gulf…
24 May 2022
- Cameroon business incubator, Boris Bison (BB) Incubator has signed a deal with the Pan-African video game publishing company Ludique Works and Start North the Finnish technology learning accelerator network to introduce their technologically advanced…
24 May 2022
- Building a private cloud is not a quick job nor a job simply related to IT. Right from defining your cloud requirements and setting up goals to implementing the right strategy and documenting everything, the entire process requires a rigorous approach…
24 May 2022
- AMP Global Technologies, a blockchain-based video entertainment platform, has raised a $5.6 million seed round, with a $2 million investment from MaC Venture Capital, according to a statement from the LA-based VC firm on Tuesday.
24 May 2022
- realme has had a good start in 2022 even as global supply chain shortage affected other brands. The company has revealed that it made it to the top 5 smartphone makers with record shipments in...
24 May 2022
- The KCB Group PLC Board has today appointed Paul Russo as the company’s Group Chief Executive Officer (GCEO) effective May 25, 2022. The appointment follows a competitively run selection process that kicked off in March 2022. Paul takes over from Mr…
24 May 2022
- Cryptocurrency is one of the most significant innovations of our time. It’s changing how people and businesses worldwide think about money, and it’s connected everyone, from billionaires to average consumers. However, despite the potential for crypto to…
24 May 2022
- Alissa Orlando who acted as Uber’s Operations Manager until February 2017 has revealed that driver commissions in Kenya were slashed without any consultations. In an affidavit that bolsters the case filed by a group of Uber drivers, Orlando says that…
24 May 2022
- The MTN Group has announced that it joined the Global Network Initiative (GNI), signalling its commitment to strengthening and innovating digital human rights efforts. The GNI is a multi-stakeholder organisation whose mission is to protect and advance…
24 May 2022
- Success is not stumbled upon. It’s never a mistake. If there is such a case, it could be one out of a million. To rely on luck and base our next move and plans on the promise of a one in a million chance of stumbling on success in our work or career…
24 May 2022
- As we embrace the digital economy, demand for data centres will be on the rise, especially in Africa. We have seen a number of players set up their operations in Africa and even Kenya over...
24 May 2022
- Tyme Group, which is one of the world’s fastest-growing digital banking groups, has announced a series of leadership changes including appointing Coen Jonker as TymeBank CEO in South Africa as it embarks on the next chapter of its growth strategy. This…
