Remember how the longest subsea cable in Africa was promised to happen by 2023? That project is already happening and excitingly, it begins in the Eastern Cape of South Africa. Last month, MTN South Africa announced a collaboration between 2Africa Consortium and MTNGlobalConnect. MTN had claimed in a statement that

At the moment, Zimbabwe seems progressive in the pursuit to provide internet connectivity for businesses and individuals. After launching its first orbiting satellite, ZimSat-1 in November last year, the country’s internet space is looking towards yet another boost as Space X boss, Elon Musk, confirmed that StarLink will be

There have been opinions that South Africa does mergers and acquisitions better than any other African country. Disrupt Africa’s 2022 South Africa Startup Ecosystem Report noted that South Africa’s startup ecosystem leads the way in exit mergers and acquisitions (M&As). 2022 began with Volaris Group’s

Bitcoin exchange, Binance has announced that it is partnering with Women in Tech to provide Web3 vocational training for 2800 women in rural regions in South Africa and Brazil through its charitable arm, Binance Charity, in order to foster future entrepreneurship and job development. According to daily trade volumes, Binance,

Airtel Zambia has announced the national rollout of 138 new 4G sites to increase network accessibility amid growing competition among service providers in Zambia’s mobile communications market. Manu Sood, the managing director of Airtel Zambia, claimed that the company has set up more than 1,600 4G sites throughout

In a move that solidifies its position as the premier publisher of mobile games in Africa, Carry1st announced today that it has raised $27 million in a funding round led by BITKRAFT Ventures, with participation from Andreessen Horowitz (a16z), TTV Capital, Alumni Ventures, Lateral Capital, Kepple Ventures, and Konvoy. The

Super Apps in Africa Some years ago, Africa bemoaned the neglect its app development market received. That is not the case today as the continent’s app developers are looking towards creating more than just apps. Kenya’s top telecom provider, Safaricom, introduced the M-Pesa super app in 2021. Vodacom,

Romanian Petcare platform operating in South Africa, Digitail, has concluded an $11 million (R186 million) Series A funding round as it plans to plans to scale its operations. The round was led by Atomico, with participation from previous investors, byFounders, Gradient, and Partech, according to the start-up. According to Digitail,

With funding from Calvin Ayre, founder of prominent bitcoin venture capital firm Ayre Ventures, Centbee, a South African platform for digital currency transfers on the Bitcoin network BSV, has concluded its pre-series A round at a $1 million valuation. With Africa gaining significant attention as the next crypto frontier over

Shopstar, a South African e-commerce startup, has introduced a live shopping application in Africa. Brands and retailers may sell their goods, engage with viewers, and attract new consumers on the dynamic social commerce network, Flick Live. According to the startup, “Both during and after the pandemic, we have seen eCommerce

Without a doubt, Africa has surpassed initial levels of financial inclusion. Fintechs mastered the current narrative and leisure needs of individuals; created monster apps that could meet recurrent financial deliveries; lobbied governments into granting various access to financial services and without even trying, they forced banks into simplifying traditional services.

Start-ups can boost economic growth by encouraging innovation and a competitive business ecosystem. They can also drive job creation and improve productivity. The project enables entrepreneurs to bring new ideas that can stir innovation and stimulate competition. Namibia had a thriving ecosystem in 2022; buoyed by the landing of the

E-taxi service platform, inDriver, has adopted a new service strategy for users. According to the platform, the use of mobile data is now free for all users of inDriver, becoming the first ride-sharing software in South Africa to adopt the strategy. The California headquartered startup claims it would pay for

Internet services in Africa has always been limited. It is limited in availability and in affordability. While we think of the cost fixing the limitations placed on internet services as a result of non-availability in rural areas of Africa, the government and broadband providers can handle the internet restraints arising

It is difficult to tell what happens in Africa’s startup funding space in 2023, here at the Ouut we are anticipating a bumper year. While founders and innovators remain hopeful for venture funding this year, last year’s chaotic end will keep everyone (investors and founders) cautious about startup

According to the IMF, for Africa to grow and develop sustainably, the continent must shift its focus to retaining and creating wealth, better managing its resources, fostering inclusiveness, moving up on global value chains, diversifying its economies, optimizing the energy mix, and placing human capital at the center of policymaking.

The tourism sector is becoming more and more significant to the world economy. The expected level of consumer spending on tourism, hospitality, and leisure in Africa by 2030 is $261.77 billion. In light of these developments, Africa’s travel and tourism sector has a lot of promise, particularly given

Startups are supposed to expand quickly. Quick growth has become one of the criteria to assess the strength of a startup ecosystem. Startups are not really different from normal traditional businesses, they all try to provide solutions to socioeconomic problems. However, startups edge out traditional businesses based on the innovative

The widespread differences in geography, social status, and culture cannot mask the dynamic that all families share. Because African families are such complicated institutions, it is impossible to characterize them without resorting to generalizations. However, the family is the fundamental social structure in Africa and is based on kinship, marriage,

Years ago, there were just a handful of digital illustrators in Africa. Today, the emergence of NFT has inspired the growth of digital illustration in Africa. In industries like finance, business, communication, and agriculture, the role and effects of the digital revolution have been widely praised and well-documented. While the