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Axiz Secures Distribution Rights for Veeam Data Management Solutions in East Africa
Daily

Axiz Secures Distribution Rights for Veeam Data Management Solutions in East Africa

Axiz Technology has been awarded the East Africa distribution rights for Veeam, a prominent data management solutions provider. The company based in South Africa, offers cutting-edge IT products and services for industry-leading vendors, including Microsoft, Cisco, Synergy, Oracle, HP, and many more. The distribution rights will cover several countries, including
Aug 14, 2023 1 min read
Boya And Paymentology Partner To Simplify Corporate Expenditure
Daily

Boya And Paymentology Partner To Simplify Corporate Expenditure

Global issuer-processor, Paymentology, has partnered with Kenyan Tech startup Boya to simplify expenses for Kenyan corporates. With the support of Diamond Trust Bank, a tier 1 bank in Kenya, Paymentology has connected Boya to Visa through its card issuing platform which will provide enhanced data analytics capabilities support. Boya was
Aug 14, 2023 1 min read
Mastercard Ventures Into African Fintech With $5.2bn MTN Stake
Daily

Mastercard Ventures Into African Fintech With $5.2bn MTN Stake

Mastercard Inc. is making waves in African fintech by acquiring a minority stake in MTN Group Ltd.'s financial-technology subsidiary, valued at a whopping $5.2 billion. This move has sparked a remarkable 10% increase in MTN shares, underscoring the significance of the collaboration. MTN Group, the continent'
Aug 14, 2023 1 min read
Unveiling The Future: Social Cash Set To Transform Nigeria's Financial Landscape
Members only
Features

Unveiling The Future: Social Cash Set To Transform Nigeria's Financial Landscape

Meet the Port Harcourt-based social fintech startup, Social Cash, which is set to revolutionize the fintech space.
Aug 14, 2023 4 min read
What You Should Know As Knife Capital Closes $50M African Series B Fund
Members only
News Analysis

What You Should Know As Knife Capital Closes $50M African Series B Fund

Aug 11, 2023 3 min read
Huawei Plans To Extend Internet to Special Needs Schools in Kenya
Daily

Huawei Plans To Extend Internet to Special Needs Schools in Kenya

Huawei Kenya is extending internet connectivity to children in special needs schools in a bid to bolster the learner’s access to the net. 6 special needs schools will be linked to the national fiber optic cable in the second phase of the Digischool program that will cover a total
Aug 10, 2023 2 min read
Moove Raises Investment From Mubadala and Blackrock and Announces $76M in Total New Funds to Fuel Further Global Expansion
Press Release

Moove Raises Investment From Mubadala and Blackrock and Announces $76M in Total New Funds to Fuel Further Global Expansion

Moove, the world's first mobility fintech, announces today that it has secured $76m in new funding, consisting of $28m in equity from new and existing investors, in a process led by Mubadala Investment Company (Mubadala), $10m venture debt from funds and accounts managed by BlackRock, and $38m in
Aug 10, 2023 3 min read
Spotify Expands Its AI DJ/Spotify
Daily

Spotify Expands Its AI DJ Feature To Users In Kenya

Spotify, the popular music streaming service, has announced the arrival of its innovative AI DJ feature in Kenya. Premium users in Kenya will experience the new addition designed to elevate music personalization to ensure a deeper connection between artists and their fans. The AI-powered DJ mimics a radio DJ and
Aug 10, 2023 1 min read
​Cisco And TD Africa Unveil EDGE Centre In Nigeria

​Cisco And TD Africa Unveil EDGE Centre In Nigeria

Cisco has partnered with TD Africa, to commission a Cisco EDGE Centre in Lagos, Nigeria.
Aug 10, 2023 3 min read
Société Générale Announces $60M Investment In Benin's EV Startup, Spiro
Members only
News Analysis

Société Générale Announces $60M Investment In Benin's EV Startup, Spiro

Aug 10, 2023 2 min read
​#WomeninIT: Google Celebrate Women’s Month Paying Tribute to African Tech-Enabled Change Makers
Daily

​#WomeninIT: Google Celebrate Women’s Month Paying Tribute to African Tech-Enabled Change Makers

In celebration of South Africa's Women's Month, Google on 9th August 2023 rolled out drums to celebrate the nation's women spirit of resilience and resistance during the August 9th, 1956 women's protest against the discriminatory apartheid regime, a testament to the power
Aug 10, 2023 2 min read
EMURGO Africa Invests USD 250K in Changeblock, a Pioneering Carbon Market Technology Startup
Press Release

EMURGO Africa Invests USD 250K in Changeblock, a Pioneering Carbon Market Technology Startup

EMURGO Africa, the Africa and Middle East-focused venture arm of EMURGO is the official commercial arm and a founding entity of the Cardano blockchain, invested USD 250,000 in Changeblock. This investment marks EMURGO Africa's commitment to supporting and promoting innovative blockchain-based solutions in the region. Changeblock, a
Aug 9, 2023 1 min read
Dabchy enters Egypt
Daily

Dabchy enters Egypt

Dabchy, the hugely successful Tunisian startup, is expanding its horizons beyond borders by officially announcing its launch in Egypt. A symbol of Tunisian pride, Dabchy is now asserting itself as a regional player in the world of fashion, propelling the startup to a higher level and positioning Tunisia on the
Aug 9, 2023 2 min read
Fintechs’ Role in Identity and Financial Security Beyond OPTs and Passwords
Fintech

Fintechs’ Role in Identity and Financial Security Beyond OPTs and Passwords

In the past year, identity theft has skyrocketed – a worldwide trend that has not gone unnoticed by the public. A report from earlier this year showed that consumers are looking for more security from their banks: 56% want more security measures for non-routine transactions, and 47% want more even for
Aug 9, 2023 3 min read
The human element: Why Employee Mistakes Are The Biggest Cybersecurity Threat and How Training Can Make a Difference
Cybersecurity

The human element: Why Employee Mistakes Are The Biggest Cybersecurity Threat and How Training Can Make a Difference

With almost 88% of data breaches being caused by an employee mistake, a strong human risk management program is with regular employee training and cybersecurity awareness is critical, says Carey van Vlaanderen, CEO of ESET Southern Africa. Ask any cybersecurity specialist about their biggest network safety concern, and it’s
Aug 9, 2023 3 min read
Fawry and Tamatem Plus Join Forces to Enhance E-Payment Experience for Egyptian Gamers
Press Release

Fawry and Tamatem Plus Join Forces to Enhance E-Payment Experience for Egyptian Gamers

Fawry, Egypt's premier e-payment solutions provider, has entered into a strategic partnership with Tamatem Plus, a leading online store catering to gamers' needs worldwide. This collaboration aims to offer Egyptian gamers easy and seamless access to the market through enhanced e-payment solutions without having to rely on
Aug 9, 2023 2 min read
How Scan to Pay is unleashing the power of QR code payments in South Africa
Ukheshe

How Scan to Pay is unleashing the power of QR code payments in South Africa

The QR code payment industry has seen a surge in adoption in recent years, with estimates suggesting a global market value of USD$9.98 billion in 2022. QR codes are seeing a marked increase in popularity in South Africa as well, says Pieter Roux, President Payment Strategy at Ukheshe.
Aug 9, 2023 3 min read
STARZPLAY Partners TPAY for Mobile payments
Press Release

STARZPLAY Partners TPAY for Mobile payments

In an exciting collaboration, STARZPLAY, one of the region's top three subscription video-on-demand (SVOD) services, has announced a strategic partnership with TPAY, the leading payments provider in the Middle East, Turkey, and Africa (META). With this partnership, customers will be able to make their subscription payments using their
Aug 9, 2023 3 min read
Copy Cat Partners with Volt MX to bring the Low Code Development Solution to Africa
Daily

Copy Cat Partners with Volt MX to bring the Low Code Development Solution to Africa

Copy Cat Group has signed a strategic partnership with HCL Volt MX, a low-code application development platform. HCL Volt MX empowers professional developers, enterprise architects, and digital designers to rapidly deliver consumer-grade apps and integrate diverse and complex systems. Volt MX also works with organizations in both the private and
Aug 9, 2023 1 min read
Kenyan Logistics Startup Sendy is Shutting Down Operations
Daily

Kenyan Logistics Startup Sendy is Shutting Down Operations

Sendy, a Kenyan logistics startup that allows retailers to purchase fast-moving consumer goods (FMCG) directly from manufacturers is shutting down its operations and exploring a sale of its assets. Sendy co-founder Meshack Alloys confirmed the sale to TechCrunch saying the startup was indeed being acquired. “We are in the middle
Aug 9, 2023 1 min read
Airtel Africa Partners with Mastercard to Foster Financial Inclusivity
Daily

Airtel Africa Partners with Mastercard to Foster Financial Inclusivity

Airtel Africa and Mastercard have joined forces to introduce an innovative cross-border remittance service set to transform the way people send and receive money across the African continent.  Remittances have long been a significant source of foreign currency for African economies, with an estimated $95.6 billion flowing into the
Aug 9, 2023 2 min read
​Bolt Rolls Out Scheduled Rides Option
Daily

​Bolt Rolls Out Scheduled Rides Option

Bolt, the ride-hailing giant is rolling out a new feature, 'Scheduled Rides', allowing riders to book trips up to 72 hours in advance. This move aims to provide both passengers and drivers with added convenience and flexibility. It is worthy of note that the concept of advanced booking
Aug 9, 2023 2 min read
Talents Arena Secures $750,000 in Pre-Seed Round
Press Release

Talents Arena Secures $750,000 in Pre-Seed Round

Talents Arena announced closing $750,000 in pre-seed funding from UI Investments, alongside several prominent Saudi and regional angel investors. This funding round comes as the company is rapidly becoming a pioneering force in the AI recruitment industry; playing a critical role in bridging the unemployment gap in the Middle
Aug 8, 2023 2 min read
Grinta bolsters Egyptian presence with the acquisition of auto-cure
Press Release

Grinta bolsters Egyptian presence with the acquisition of auto-cure

Grinta, a leading e-commerce platform carefully designed to cater to independent pharmacists across Africa and the Middle East, announced its third acquisition of Auto-Cure. The deal was signed by both Mohamed Azab, Co-founder and CEO at Grinta, and Mohamed Rezk, Co-founder of Auto Cure. Auto-Cure is a B2B e-commerce platform
Aug 8, 2023 2 min read
Flat6Labs Announces $100,000 Funding for Construction Tech Startups
Press Release

Flat6Labs Announces $100,000 Funding for Construction Tech Startups

Flat6Labs, the region's leading seed and early-stage venture capital firm, has launched the "Makers" ConTech Accelerator Program in partnership with SIAC and Dar Al-Handasah (Shair and Partners). The program is the first-ever construction-focused accelerator program in the Middle East that aims to support advanced startups in
Aug 8, 2023 2 min read
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