Africa

Cassava secures $50m strategic investment from C5 Capital

Africa’s first integrated tech company of continental scale, Cassava Technologies, has secured a $50 million investment from C5 Capital, a specialist venture capital firm…

Malawi banks on young tech innovators to trump cheap imports

Malawian engineers and entrepreneurs say competition from China and Japan and a lack of resources are hobbling the country’s tech industry. Innovators struggle to…

Africa’s innovators turn to tech to tackle transport woes

In sub-Saharan Africa, vulnerable groups face long, pricey and dangerous commutes. Now tech innovations are increasingly helping people get around affordably and safely. After…

UPS partners with Jumia for last mile shipping in Africa

The first African technology company to be listed on the New York Stock Exchange, Jumia has announced a partnership with UPS. UPS will leverage…

Rwanda is first African country to join the WEF C4IR network

The Ministry of Information Communication Technology and Innovation of Rwanda, in partnership with the World Economic Forum, launched the Centre for the Fourth Industrial…

African Development Bank to stimulate African crops with $1B boost

While Africa’s food crisis has been building for some time, the conflict in Ukraine has exposed the continent’s dependence on imports. In response, the…

DabaDoc partners with Orange to launch a medical video-consultation service

Moroccan healthtech startup, DabaDoc, and Orange, the French multinational telecommunications corporation, have joined forces to launch DabaDoc Consult, a brand new service allowing 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…

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…

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…

Microsoft Founders Hub to support 10K African start-ups

The seeds Microsoft planted with the Africa Transformation Office announcement in 2021 are beginning to sprout. That commitment to growth in Africa is further…

Broadscale Group and Generation Investment Management take M-Kopa to $100M

Innovative Kenyan lender M-Kopa has raised $75 million in an equity funding round, bringing its total equity funding to $100 million. The Generation Investment…

Canadian adtech company, MonetizeMore, comes to South Africa

Canadian-based, global ad-tech giant MonetizeMore has entered South Africa through a partnership with SiSebenza. The boutique investment advisory business scours the globe for innovative tech…

Newly formed PAGG wants to empower a billion African gamers

Ten African game studios have come together at Africa Games Week 2022 in Cape Town to announce a new initiative to grow the continent’s…

Cisco on the state of Africa’s startup landscape

I recently sat down with Conrad Steyn, CTO for Cisco Sub-Saharan Africa, to chat about the state of startups and SMMEs in South Africa…

Lami acquires Bluewave to bridge Africa’s insurance gap

Lami, Kenya’s insurance technology company, has acquired Bluewave Insurance Agency, a Kenyan-based insurtech startup that leverages mobile technology to reach the underserved population tapping…

Nestcoin raises pre-seed capital to accelerate Web3 adoption

Web3 application builder Nestcoin raised $6.45 million in pre-seed capital. This new funding will enable the company to expand its global operations and invest…

Here’s why Samsung reached deeper in its pockets after low profits

Vantage announces final close of 4th mezzanine fund

Trade-ins in the tech sector – why it makes perfect sense

Is ChatGPT the death knell for investment banks?

Five things we like about the Samsung S23 series

Here’s why OpenAI will charge for priority access to Chat GPT

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Toyota’s new cars for 2023

Review: Audi RS3 sedan