Artificial intelligence (AI) is no longer a futuristic fantasy; it’s a colossal economic force, projected to balloon into a $4.8 trillion market. That’s the…
Mobile Money industry processes record $1 Trillion in 2021
Mobile money adoption and use saw continued growth in 2021, processing a record $1 trillion annually according to the GSMA‘s 10th annual ‘State of the…
Cisco launches digital hubs as part of SA’s CDA programme
Cisco and the National Library of South Africa (NLSA) are launching a series of digital learning hubs across the country. The initiative is part…
Nigeria’s Kwik secures $2M in Series A funding round
French-Nigerian B2B startup Kwik, a provider of SaaS logistics services to social vendors and e-commerce platforms in Africa, has successfully closed its $2 million…
Applications open for 2022 Africa’s Business Heroes prize competition
The “Africa’s Business Heroes” (ABH) prize competition, one of the Jack Ma Foundation’s philanthropic programs spotlighting and celebrating Africa’s entrepreneurial talent, has opened applications…
FOMO app reaches 100K users, opens Series A funding round
FOMO, an app in South Africa focused on connecting users to restaurant specials closest to them using geo location, launched in late 2020 has…
[Opinion] How technology is changing the face of SMEs
It’s no surprise that technology underpins every facet of modern life and while we have all experienced the changes that technology has brought about…
IBM boosts investment in MEA with the launch of Client Engineering
IBM has launched Client Engineering in South Africa and three countries across the Middle East. The company says that this will drive innovation across…
Nigerian agritech, ThriveAgric, raises $56.4M
Nigerian based ThriveAgric, a fast-growing technology-driven agricultural company, has raised $56.4M in debt funding from local commercial banks and institutional investors. The raise also…
Egypt fintech, Lucky, raises $25M in Series A
Lucky, the leading app in Egypt for credit products, offers and cashback rewards, has raised $25 million in a Series A funding round. The…
Nona Digital acquired by South Africa’s Yoco
African payments and software company, Yoco, has acquired the leading fintech and Web3 software development agency in Africa, Nona Digital. The acquisition significantly accelerates…
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