On the 3rd of February 2026, PayPal appointed Enrique Lores, former HP CEO and current PayPal board chair, as its new President and Chief Executive Officer effective March 1, 2026.
Google has decided to team up with a number of African Universities to introduce WAXAL, as an innovation to help African languages in artificial intelligence and natural language processing technologies
The Deputy Minister for Communication, Digital Technology and Innovations, Mr Mohammed Adams Sukparu, announced the commencement of the Association of IT Law Professional (AITLAP) Africa which is built as a
A new $2 million equity-free prize has been launched to accelerate the development of artificial intelligence (AI) and smart manufacturing solutions that address Africa’s industrial challenges.
The Milken-Motsepe Prize
Startups across Africa raised a total of $844.51 million in the second quarter of 2025, according to data from Launch Base Africa. Unlike the fast-paced, high-valuation deals seen in
Ugandan startups are facing significant hurdles in meeting the requirements of the country’s Data Protection and Privacy Act, with many struggling to move from awareness to actual implementation.
The
Kenyan mobility startup BuuPass has received a strategic investment from Yango Ventures, a move expected to accelerate its efforts to digitize long-distance travel across the continent. The amount of the
Stanbic Bank Kenya, the sixth largest lender in the country by assets, is preparing to raise $100 million (KES12.9 billion) to finance startups across East Africa.
The bank aims
Flutterwave has laid off half of its staff in Kenya and South Africa as part of efforts to reduce operational costs and edge closer to profitability. The restructuring comes as
Ghana-based fintech startup Liquify has secured $1.5 million in seed funding to support its mission of easing cash flow challenges for African SME exporters. The funding round, which was
Kenya and the United Kingdom have signed a renewed five-year Strategic Partnership that will significantly boost investment in Kenya’s digital economy, startups, and small businesses.
Even though the deal
AXIAN Telecom, a pan-African telecommunications and digital services provider, has raised $600 million through a bond issuance set to mature in 2030.
The bond, priced on June 25, 2025, attracted
