Digital solutions powerhouse of Zain Group, ZainTech has acquired Adfolks, a UAE-based cloud engineering firm that offers a range of cloud transformation services. The acquisition falls in line with ZainTech’
Nigeria’s fintech startup ecosystem has achieved a remarkable milestone with the inclusion of eleven Nigerian fintech startups in the finals of the AWS Fintech Africa Accelerator cohort. Out of
The MENA region constitutes some interesting ecosystems. While some countries compete to attain and remain A-list ecosystems, some are still in struggles of trying to build, develop, or scale theirs.
In a pivotal move toward a sustainable future, the E3 Low Carbon Economy Fund for Africa (E3LCEF) has secured an impressive first close at $48.1 million. Also, with E3LCEF’
Africa Tech Summit London (ATSLDN) is set to host an exciting event at the London Stock Exchange on June 23rd, where 12 African tech ventures will present their investment opportunities
Turkey-based Foodtech Startup Bundle Kitchen has secured a $1.25 million seed round from Nuwa Capital, alongside participation from Turkish VC fund Kybele Investment. Bundle Kitchen will leverage this to
Securing funding is a significant achievement worthy of recognition, but it should be viewed as the starting point rather than the end goal. The actions taken after obtaining investments are
TymeBank, a digital banking platform based in South Africa, has successfully raised $77.8 million in a pre-Series C funding round. Norrsken22 and Blue Earth Capital took the lead in
Electricity production and distribution have taken a new turn as V2Techs changes the narrative. The cleantech start-up is revolutionizing power generation with its innovative electromagnetic combo motor. This motor was
The insurance industry is still at various developing stages in many countries across Africa. According to data from Statista, the industry represents less than three per cent of insured catastrophe
Payment solutions provider PayTabs has entered into a partnership with revenue-based financing platform FlapKap to support the growth of UAE e-commerce.
The partnership will enable UAE-based small and medium-sized e-commerce
ARM Labs has announced the commencement of applications for the fifth edition of its Innovation Programme. As a prominent investment firm in Nigeria, ARM is dedicated to bolstering the growth
