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Mentorship Crucial for the Future of Kenya’s Startups, Stakeholders Say

Mentorship Crucial for the Future of Kenya’s Startups, Stakeholders Say

Key players in Kenya's startup ecosystem are urging seasoned entrepreneurs to share their knowledge and experience with emerging founders, in a bid to foster the long-term growth and sustainability of local startups. “Entrepreneurial success extends beyond profit and valuation — true impact lies in paying it forward. At Endeavor,

African Startups Struggling to Attract Foreign Investment

Venture Capital

African Startups Struggling to Attract Foreign Investment

African startups are finding it increasingly difficult to attract foreign investment due to heightened perceptions of risk, according to a new report by the International Finance Corporation (IFC), the investment arm of the World Bank. The report, Venture Capital and the Rise of Africa’s Tech Startups, reveals that despite

Zemen GEBEYA: Ethiopia’s Digital Marketplace for Startup Growth

Zemen GEBEYA: Ethiopia’s Digital Marketplace for Startup Growth

Ethio Telecom has launched Zemen GEBEYA, a digital marketplace aimed at transforming Ethiopia’s commercial landscape. The platform will connect businesses, especially Micro, Small, and Medium Enterprises (MSMEs), with consumers nationwide. Integrated within the telebirr SuperApp, it also plans to facilitate trade across urban and rural Ethiopia. According to the

Cassava Technologies Signs Memorandum of Understanding with Zindi

Cassava Technologies Signs Memorandum of Understanding with Zindi

Cassava Technologies , a multinational technology company that offers a comprehensive ecosystem of digital services and infrastructure, has signed an MOU with Zindi. With its business units Cassava AI, Liquid Intelligent Technologies, Liquid C2, Africa Data Centres, and Sasai Fintech, Cassava, which has its headquarters in the UK, is present in

PalmPay Expands East Africa Footprint with Uganda, Tanzania Launch

PalmPay Expands East Africa Footprint with Uganda, Tanzania Launch

Nigerian fintech PalmPay has announced plans to launch operations in South Africa, Côte d’Ivoire, Uganda, and Tanzania before the end of 2025. This expansion will grow its operational footprint to six countries, adding to existing operations in Nigeria, Ghana, and Kenya. The fintech also disclosed that it now boasts

Worldcoin to Erase Biometric Data in Kenya Under ODPC Supervision

Worldcoin to Erase Biometric Data in Kenya Under ODPC Supervision

The Kenyan High Court has ruled that Worldcoin’s collection of biometric data from Kenyans was unconstitutional due to its failure to carry out a Data Protection Impact Assessment. In an affidavit, Deputy Data Commissioner Oscar Otieno said that having reviewed the Worldcoin project operations in the country, he was

Future Forex to Bring Cost Transparency and Savings to International Transfers

Future Forex to Bring Cost Transparency and Savings to International Transfers

A market estimated to be worth more than R15 billion a year to the banks is facing stiff headwinds from local fintech innovators like Future Forex. The company is successfully redefining the standards in the international money transfer industry, introducing a level of cost transparency and client service rarely seen

Parket is Revolutionizing Automate Parking Lots in South Africa

Parket is Revolutionizing Automate Parking Lots in South Africa

Established in 2019 by Joshua Raphael, Parket was the first company in South Africa to offer a high-volume parking solution with ticketless parking lots that provide better convenience for landlords, visitors, and tenants. He said, "It is more cost-effective for landlords and much more sustainable for greener buildings. We

Meta Launches Tools to Curb Payment Fraud

Meta Launches Tools to Curb Payment Fraud

Meta, the company behind Facebook, Instagram, and WhatsApp, has announced tools to help people spot and avoid online investment and payment scams. These tools, tips, and partnerships will help people globally identify and avoid online scams as these scams continue to grow in sophistication and scale across social media and

Overcoming the Rural Connectivity Divide in SA

Overcoming the Rural Connectivity Divide in SA

Africa requires economic growth, social development, and an overall improvement in quality of life. Rural connectivity is key, as it enables access to essential services, opportunities, and resources that are often otherwise unavailable in remote areas. Connectivity provides the foundation of better access to information, allowing communities to transform and

AI-powered SOC is essential for protecting against self-attacks

AI-powered SOC is essential for protecting against self-attacks

Security Operations Centre, a company that is an AI driven is essential to businesses that would like to leverage real-time threat response in the age of autonomous attacks, this comes from the security experts from BUI, who are scheduled to speak at the ITWeb Security Summit 2025 on 3 June

JHB Mayor Eyes AI to Boost Service Delivery

Artificial Intelligence

JHB Mayor Eyes AI to Boost Service Delivery

The Johannesburg City has set its sights on using Artificial Intelligence (AI) to improve the poor service delivery in South Africa's economic hub. The Joburg executive mayor, Dada Morero, mentioned this when he delivered the State of the City Address. During his speech, Morero also mentioned that the

Fintech Firm Lesaka Technologies Awaits SARB’s Regulatory Approval

Fintech Firm Lesaka Technologies Awaits SARB’s Regulatory Approval

The CEO of Lesaka Southern Africa, Lincoln Mali, looks forward to the South African Reserve Bank (SARB) opening the payments market to non-banking players. Mali mentioned all this after the interview with ITWeb, after the Johannesburg Stock Exchange (JSE) and Nasdaq-listed company announced its final results for the third quarter

Tech Giants AWS, Google, Cisco Confirmed for Connected Africa Summit 2025

Tech Giants AWS, Google, Cisco Confirmed for Connected Africa Summit 2025

Global technology powerhouses AWS, Google, Cisco, HPE, CheckPoint, and Fortinet have confirmed their participation in the Connected Africa Summit 2025. Slated for 26-29 May 2025, at the Diamond Leisure Resort & Spa in Diani, Kenya, the summit is hosted by Kenya's ICT Ministry under the theme — “The Digital

SA's M&A landscape sees renewal as capital markets rebound

SA's M&A landscape sees renewal as capital markets rebound

Cross border portfolio optimisation by global firms, and revived private unity investment are shaping South Africa's mergers and acquisitions[M&A] landscape at a time when the capital markets of the South African continent are experiencing new growth. In an interview conducted by the Business Report Yvonne

Kiaan Pillay on fintech start-up Stitch and its R1-billion funding round

Kiaan Pillay on fintech start-up Stitch and its R1-billion funding round

A fintech start-up based in Cape Town caught people's attention when it announced it was raising r1-billion {US$55-MILLION} in a significant series-B funding round. The CEO and Co-founder Kiaan Pillay appeared as a guest on the episode of the TechCentral Show, where he had a chat with

SA's startup Troygold, has partnered with tokenised financial assets

SA's startup Troygold, has partnered with tokenised financial assets

Established in 2018 by brothers Bastiat and Dane Viljoen, the South African based startup Troygold digitises gold bullion and Krugerrands. It allows its customers to sell, buy, borrow or spend against their gold. The company has partnered with tokenside financial assets exchange Mesh trade to vend Bullion Krugerrand Tokens on

Kenya's MYDAWA Secures $9.6M to Expand in East Africa

Kenya's MYDAWA Secures $9.6M to Expand in East Africa

MYDAWA, a Kenyan digital health platform, has raised $9.6 million in a new funding round to expand its services throughout East Africa. The investment was spearheaded by IFU, Alta Semper, AAIC Investment, Creadev, and Ohara Pharmaceutical Co. Since its establishment in 2017, MYDAWA has provided comprehensive healthcare solutions through

South African fintech startup NjiaPay is simplifying business payments

South African fintech startup NjiaPay is simplifying business payments

Co-founded in 2016 by South African venture builder Dean Hiine alongside Dutch entrepreneurs Hans Osnabrugge and Jorne Schamp, Talk360 is a user-friendly calling app designed to make international communication more affordable and accessible. The app allows users to make low-cost calls to mobile and landline numbers worldwide, bridging connectivity gaps

Microsoft Shuts Down Skype

Microsoft Shuts Down Skype

Microsoft is set to discontinue the service of a widely used video calling app. The company acquired Skype in 2011, which was launched in 2003. New Delhi news stated that years before the rise of WhatsApp and Instagram, Microsoft's Skype was the go-to platform for video calling. Once

Samsung’s Galaxy Tab S10 FE lands in South Africa from R12,000

Samsung’s Galaxy Tab S10 FE lands in South Africa from R12,000

According to Samsung Galaxy, the company announced its Galaxy Tab S10 FE lineup at the beginning of last month with little local fanfare. That was expected, since South Africa wasn’t on the initial launch list. That has changed, with the new lot of ‘affordable’ Android tablets making landfall here

OpenAI will remain under nonprofit control, pushes ahead with for-profit conversion

OpenAI will remain under nonprofit control, pushes ahead with for-profit conversion

The announcement follows a storm of criticism and legal challenges, including a high-profile lawsuit filed by rival Elon Musk, who has accused the company of straying from its founding mission to develop AI for the benefit of humanity. “We made the decision for the nonprofit to stay in control after

Airtel Africa’s CEO, Sunil Taldar

Starlink Scales Up in Africa with Airtel Deal

Telecom giant Airtel Africa has announced an agreement with SpaceX to roll out Starlink’s high-speed satellite internet services across the continent. “This partnership with SpaceX is a significant step to demonstrate our continued commitment to advancing Africa’s digital economy through strategic investments and partnerships,” said Airtel Africa’s

ATFX Strengthens Financial Education in South Africa

ATFX Strengthens Financial Education in South Africa

ATFX is deepening its commitment to financial education in South Africa through its ongoing partnership with the Duke of Edinburgh Cup. The company, led by Chairman Joe Li, has supported the prestigious event for eight consecutive years, reinforcing its dedication to empowering traders and fostering positive change in local communities.

Apple Plans Two-Phase iPhone 18 Launch in 2026

Apple Plans Two-Phase iPhone 18 Launch in 2026

Apple is reportedly splitting the release of its iPhone 18 lineup into two phases, stretching across 2026 and early 2027. The company plans to introduce the high-end iPhone 18 Pro models in the fall of 2026, while delaying the launch of the more affordable iPhone 18 and a new version