News

AWS supercharges Amazon Bedrock

At AWS re:Invent this week, Amazon Web Services (AWS) unveiled major upgrades to Amazon Bedrock, its fully managed platform for building and deploying generative…

AWS re:Invent 2023: Five of the biggest announcements

AWS re:Invent 2023, the annual cloud computing conference hosted by Amazon Web Services (AWS), is currently underway in Las Vegas. The event has been…

AWS and NVIDIA bolster their partnership to revolutionise generative AI

At AWS re:Invent, Amazon Web Services (AWS) and NVIDIA announced an expansion of their strategic partnership to offer the most advanced infrastructure, software, and…

AWS unveils next generation AWS-designed chips

At its re:Invent conference in Las Vegas, Amazon Web Services (AWS) announced the next generation of two AWS-designed chip families—AWS Graviton4 and AWS Trainium2….

AWS unveils three serverless innovations to empower data-driven businesses

Amazon Web Services (AWS) has unveiled three groundbreaking serverless innovations designed to empower businesses of all sizes to harness the power of their data…

Amazon S3 Express One Zone: A new storage class for performance-critical applications

Amazon has announced the general availability of Amazon S3 Express One Zone, a new storage class designed to deliver the highest performance and lowest…

Amazon Q: A new generation of generative AI for the workplace

Amazon Web Services (AWS) has unveiled Amazon Q, a generative AI-powered assistant designed specifically for the workplace. This sophisticated tool aims to revolutionise how…

Sanari Capital soars with R1.25b investment boost

In a monumental step towards fostering economic growth and employment opportunities in South Africa and beyond, Sanari Capital, a leading women-led and majority black-…

Nigeria’s ThriveAgric to financially empower 125 000 farmers

ThriveAgric, an agritech start-up based in Nigeria, in partnership with Heifer International, has unveiled its AYuTe (“agriculture, youth and technology”) project. It is set…

Baobab Network to invest in 1 000 African tech start-ups

In a bold move to fortify Africa’s burgeoning tech landscape, Baobab Network, a pioneering early-stage investor and accelerator, has announced its ambition to invest…

Peach Payments Secures US$30M Funding Deal

Baobab Payments GmbH, trading as Peach Payments, has successfully concluded a €29 million / US$30 million funding round. This round, which was initially announced…

African fintechs vie for $50k prize in Ecobank challenge

The African fintech industry is abuzz with excitement as the grand finale of the 2023 Ecobank Fintech Challenge approaches, set to take place at…

Global expansion: Stitch secures $25m Series A extension

Leading payments infrastructure company Stitch has successfully closed a $25 million Series A extension round, spearheaded by Ribbit Capital. This funding infusion, alongside continued…

P1 Ventures secures $25m for African start-ups

P1 Ventures, the Pan-African Seed VC fund, has successfully closed the first round of funding for its second fund, totalling $25 million. Founded in…

Omnisient recognised as Data for Society finalist

Omnisient, the Cape Town-based privacy-preserving data collaboration platform, emerged as a finalist for the esteemed Data for Society category at the DataIQ awards held…

CIPC extends deadline for beneficial ownership compliance

South African companies and entities breathed a sigh of relief as the deadline for submitting beneficial ownership information to the Companies and Intellectual Property…

Emerging markets: LCPs shake up small business finance

Small businesses in emerging markets have long been recognised as crucial drivers of inclusive growth and resilience in the face of economic challenges. However,…

Collective responsibility: SA venture builder’s legacy

Mitchan Adams, the founder and CEO of Aions Creative Technology, firmly believes that heritage is not solely about the past; it’s equally about shaping…

Zambian neo-bank Lupiya raises $8.25m in Series A round

Lupiya, a trailblazing neo-bank in Zambia, has achieved a significant milestone by securing $8.25 million in Series A funding. This fundraising endeavour was…

AfricArena’s Tunis summit to spotlight start-up resurgence

In the heart of Tunisia, a groundswell of excitement is building as the nation gears up to host the AfricArena Tunis Summit, set to…

Flapmax & Microsoft launch FA23 cohort for African start-ups

In a move to boost Africa’s digital economy, Flapmax, a pioneering data and AI technology company, has unveiled the 12 companies selected for the…

Complete Farmer raises $10.4m to shake up African agriculture

In a significant milestone for African agriculture, Complete Farmer, a Ghanaian agritech start-up, has raised $10.4 million in a Pre-Series A funding round. The…

Grindstone and Anza unite to host ‘African showcase’

Two prominent early-stage venture capital firms, Grindstone Ventures and Anza Capital, have joined forces to curate a week-long series of events aimed at putting…

Broadband Africa Forum 2024

South Africa’s Deskless Workers: A Workforce Under Strain

How AI is Rewriting Urban Planning in Developing Regions

Microsoft launches new Surface devices in new AI era

Honor Magic V3 launches, four things to know

Honor Magic V3, a Guinness world record attempt

Jaguar rebranding creative is crazy – good?

German luxury cars require a rethink for China

Trump wins – Tesla goes beyond $1 Trillion