Artificial intelligence is evolving beyond generative AI to a more autonomous and proactive form known as Agentic AI. Unlike traditional AI that requires user…
Naspers Foundry announces its first investment, with R30m in SweepSouth
UPDATE (20 December 2019: SweepSouth co-founder Aisha Pandor confirmed with Ventureburn today that the R30-million was part of an investment round which the startup…
Nigeria’s Max.ng to expand to 10 West African cities with close of $7m Series-A round
Lagos-based mobility platform Max.ng today announced that it has closed a $7-million Series-A round which it said it will use to help it to…
Egypt’s Swvl raises $42-million on a reported $156m valuation [Updated]
UPDATE (20 August 2019): Swvl‘s $42-million raise was based on a valuation of the Egyptian startup of $156.86-million. The valuation was calculated from a disclosure…
Nedbank denies it stole patent from Gugulethu entrepreneurs
Nedbank has “categorically” denied that it infringed on the commercial rights of two Gugulethu entrepreneurs relating to their patent. On Tuesday (18 June) Thandile…
AlphaCode extends application deadline for incubator initiative for black startups to 24 June
AlphaCode has extended the deadline for Alphacode Incubate — an incubation programme aimed at black fintech startups — to next Monday (24 June). The initial deadline…
Africa50 Innovation Challenge seeks innovators to boost internet access
Infrastructure investment platform Africa50 has launched an innovation challenge aimed at helping increase access to affordable and reliable high-speed internet in under-served areas on the…
Sub-Sahara Africa is top market for those that made Inclusive Fintech 50 list
Sub-Sahara Africa is the favoured region for top fintech companies aimed at improving financial inclusion to operate in, if the names of those listed…
Submissions to Google News Initiative Innovation Challenge now open in Africa
Google today announced that the Google News Initiative (GNI) Innovation Challenge is open for application submissions in the Middle East, Africa and Turkey. Applicants…
Future Females, Facebook to host webinars on how to build web business
Future Females, a global community of female entrepreneurs, will next week host the first of a three-part webinar series in partnership with Facebook. In a…
New AfDB fund to help grow electronic financial services for low-income communities
The African Development Bank (AfDB) with its partners has launched the Africa Digital Financial Inclusion Facility (ADFI) which aims to expand digital financial transactions…
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