Africa

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…

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…

Kenyan fintech Ubawa secures $350K seed funding

Ubawa Technologies, 2021 African Start-up Awards Start-up of the Year winners for Kenya, has secured $350 000 in seed funding from Nigerian VC Platform…

AFEX opens second round of funding series to strengthen Nigeria’s agriculture sector

AFEX has announced the reopening of its $240m (₦100bn) Asset-Backed Commercial Paper (ABCP) to help stabilise Nigeria’s agriculture sector by offering Agro-processors low-cost financing to…

Speedinvest leads $3M pre-Series A funding for Ghana fintech OZÉ

Ghanaian fintech OZÉ provides bookkeeping tools for business owners to understand and improve their performance as well as access to capital to fuel growth….

WEF stresses need for investment in African tech start-ups

The World Economic Forum’s latest report, Attracting Investment and Accelerating Adoption for the Fourth Industrial Revolution in Africa analyses the challenges Africa faces in…

Carry1st funding round brings a16z investment to Africa

Africa’s leading mobile games publisher Carry1st announced a $20 million Series A extension that drew participation from Andreesen Horowitz (a16z), Avenir and Google. Grammy…

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,…

How VR Meditation Apps Like Realms of Flow and Others Are Redefining Our Connection with Reality

Transforming Healthcare in Africa with Technology

How forex trading is transforming startup investment strategies

How One Energy Project Could Reshape Climate Action

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

German luxury cars require a rethink for China

Trump wins – Tesla goes beyond $1 Trillion

Vivo update – a big safety gain