Africa

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…

New Google.org Fellowship to empower African entrepreneurs

The Tony Elumelu Foundation (TEF) and Google announced an inaugural Google.org Fellowship to provide one million additional Africans with access to TEFConnect, as part…

Moove raises $105M in Series A2 round to power global expansion

Nigeria’s pioneering mobility fintech Moove attracted four new investors in a successful $105 million Series A2 funding round. AfricInvest, MUFG Innovation Partners, Latitude, and…

Three SA startups chosen for Google for Startups Accelerator Africa Class 7

Google has announced the participants in Google for Startups Accelerator Africa Class 7. The selected startups are developing solutions in areas such as healthcare,…

IFC participates in $13.5M Antler East Africa Fund

Early-stage investor Antler closed its oversubscribed East Africa investment fund at USD 13.5 Mn to continue to support early-stage tech start-ups in the region. The bumper…

Digital health startup, Cardo Health, launches telemedicine app in SA

Cardo Health, founded by Tobias Strålin (a former McKinsey Partner and European start-up practice leader) has launched Kena Health in South Africa. For the…

Black and Brilliant & Codecademy launch Africa based AI Accelerator

Codecademy, the online learning platform for technical skills is partnering with The Black and Brilliant Advocacy Network to launch an Applied Artificial Intelligence accelerator and…

POA closes $28M funding round to expand internet service

Infrastructure investment platform Africa50 led a $28 million funding round to support internet service provider Poa Internet’s expansion in Kenya. The equity investment will…

Periculum launches in Nigeria to build credit assessment infrastructure

Canadian fintech startup and credit assessment company, Periculum, has launched in Nigeria to tackle the challenge of domestic credit in underserved markets. The company…

Shell Foundation’s EEGF receives $13M injection to accelerate access to clean energy in Sub-Saharan Africa

Energy Entrepreneurs Growth Fund (EEGF) — founded in 2019 by the Shell Foundation and co-funded with UK aid from the UK government and FMO,…

Lipa Later gains $12m funding to expand credit footprint in Africa

Odyssey Capital’s flexible payment fintech start-up Lipa Later closed a $12 million pre-Series A funding round that will help it expand its service into…

mPharma draws Lux Capital into historic African investment

Ghanaian pharmacy and healthtech start-up mPharma raised $35 million in a successful Series D funding round that drew participation from JAM Fund, Unbound and,…

Bfree raises $1.7m to expand operations

Nigerian ethical credit management FinTech start-up Bfree closed a successful pre-Series A funding round that will power its further expansion into Asia, Europe and…

Digital Realty to acquire majority stake in Teraco

Teraco Data Environments has announced that San Francisco based Digital Realty has entered into an agreement to acquire a majority stake in Teraco from a…

Adapt IT acquired by Volaris and delists from JSE

South African software company, Adapt IT Holdings Limited (“Adapt IT”), has been acquired by Volaris Group Inc. (Volaris) for R7 per Adapt IT share…

Altaeros partners with World Mobile to raise blockchain network to the sky

World Mobile, the first mobile network built on blockchain and run by the people, partners with Altaeros, developers of the world’s first autonomous aerostats,…

Nigerian mobility player MAX closes $31m series B funding round

Metro Africa Express (MAX) has is closing out a stellar 2021 with a $31 million series B round of funding led by Lightrock, Global…

Tencent and Nielsen Ventures lead historic $15m African EdTech funding round

Nigerian edtech market leader uLesson closed a $15 million series B investment that drew support from Nielsen Ventures and Tencent, as well as existing…

ImaliPay brings fintech options to South African gig workers

Fintech platform ImaliPay has announced its expansion into South Africa. This move leverages a partnership with Stitch to rely on its payment and open…

Carry1st partners with PayPal and Chipper Cash to bring payments to Africa

Carry1st, Africa’s leading mobile games publisher, partnered with online payments pioneers PayPal and Chipper Cash to enable people across Africa to purchase virtual goods and services online…

World Mobile launches hybrid network into Zanzibar sky

World Mobile is launching its unique hybrid mobile network supported by low altitude platform balloons in Zanzibar. The balloons are the first to officially…

InfraCo expands e-mobility interests with Zembo investment

Private Infrastructure Development Group (PIDG) company InfraCo Africa, together with a consortium including Dutch private equity firm DOB Equity and Toyota Tsusho’s VC facility Mobility 54, has signed…

BriteGaze joins Enza Capital in $1m Craydel pre-seed

Enza Capital led an early-stage investment round for Kenyan edtech start-up Craydel. The pre-seed round also attracted Reshaad Sha’s AI investment fund BriteGaze, along…

SA’s Smallest Businesses Are Job Engines – So Why Can’t They Get Funding

Starlink in South Africa – Regulatory turbulence grounds Elon Musk’s satellite internet plans—for now

ASUS and AMD Launch AI-Driven Expert P Series PCs for South African SMBs

South Africa’s MSMEs Still Locked Out of Funding – New Report Calls for Radical Reform

Africa Bridge Fund seeks to build a thriving Africa tech ecosystem

MortgageMarket and EasyEquities partner to launch EasyMortgages, unlocking a new era in home loan access for South Africans

Acer Unleashes Beastly New Predator BiFrost and Nitro GPUs with AMD Radeon RX 9000 Series

Philips Evnia Drops Jaw-Dropping QD OLED Monitors: 240Hz, Ambiglow, and All the Good Stuff

Microsoft launches new Surface devices in new AI era

Gemini AI to enhance Volvo infotainment

Everest better at exploring than Explorer

Trail Boss badge comes to BEVs