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

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

Grinta bolsters Egyptian presence with the acquisition of auto-cure

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

Flat6Labs Announces $100,000 Funding for Construction Tech Startups

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

Six Female Tech Founders from Kenya Selected for 2023 Future is Female Mentorship Program

Six Female Tech Founders from Kenya Selected for 2023 Future is Female Mentorship Program

Six female-founded Kenyan start-ups are among 20 finalists selected for the Future is Female Mentorship Program. The Future is Female Mentorship Program is a communications mentorship program by the American communications firm C. Moore Media, which was acquired by Allison+Partners. The program, now in its fourth edition, was launched

East Africa leads the Fundraising Trail in Africa with $45.7 million

East Africa leads the Fundraising Trail in Africa with $45.7 million

According to data from BD Funding Tracker, East Africa led the fundraising trail in July, with startups in the region securing 37.4% of the total funds raised.

Rwandan Government Allocates Land 2000 Affordable Green Homes

Rwandan Government Allocates Land 2000 Affordable Green Homes

The Rwandan government has dedicated 14.4 hectares of land to Green City Kigali Company (GCKC), a state-owned enterprise, for the construction of 2,000 'green homes' through a public-private partnership. The Green Homes, designed with a focus on environmental sustainability, will utilize eco-friendly, sustainably sourced, and recycled

GIM-UEMOA Partners with PaySky To Revolutionize Financial Services in West Africa

GIM-UEMOA Partners with PaySky To Revolutionize Financial Services in West Africa

GIM-UEMOA (Groupement Interbancaire Monetique de l'Union Economique et Monetaire Ouest-Africaine), the international organization in charge of the interbank electronic payment system for the West African Economic & Monetary Union (WAEMU) area, has recently signed an agreement with PaySky, the leading digital payments ecosystem enabler for the development of

iKhokha And Mastercard Launch Groundbreaking Contactless Payment Solution In South Africa

iKhokha And Mastercard Launch Groundbreaking Contactless Payment Solution In South Africa

Kenya Police Raid Worldcoin Warehouse and Confiscate Equipment

Kenya Police Raid Worldcoin Warehouse and Confiscate Equipment

Kenyan authorities raided a worldcoin warehouse and seized equipment amid an ongoing investigation into the company’s operations and data collection practices. The officials seized machines that they suspect contained data collected by Worldcoin. This comes after the Kenyan government suspended Worldcoin’s operations and began investigating the company after

MTN Organizes MoMo API Hackathon To Attract Next Talented Mobile Money Developers

MTN Organizes MoMo API Hackathon To Attract Next Talented Mobile Money Developers

SA Fintech Startup, FinMeUp Raises Funding To Scale

SA Fintech Startup, FinMeUp Raises Funding To Scale

Safaricom Ethiopia Secures Investment from World Bank Group

Safaricom Ethiopia Secures Investment from World Bank Group

Safaricom Ethiopia is set to receive funds from the World Bank Group following the closure of the transaction during a funding ceremony. The funds will come from the International Finance Corporation (IFC) and Multilateral Investment Guarantee Agency (MIGA), members of the World Bank Group in the form of equity investment,

Unveiling the Challenges and Potential of Central Africa's Tech Startup Ecosystem

Unveiling the Challenges and Potential of Central Africa's Tech Startup Ecosystem

The global technology landscape has witnessed an explosion of innovation in recent years, with startups emerging as key players in driving economic growth and technological improvement. While East and West Africa have garnered significant investment and developed vibrant tech ecosystems, the Central African sub region has struggled to find its

Nigerian Gov't Partners Wema Bank To Create SkillNovation Hubs Across The Nation

Nigerian Gov't Partners Wema Bank To Create SkillNovation Hubs Across The Nation

FG partners with Wema Bank to create tech and innovation hubs across the country to bridge the digital divide among the nation's youth.

Mastercard Partners with EMIS to Boost the Digital Economy in Angola

Mastercard Partners with EMIS to Boost the Digital Economy in Angola

The partnership will enable Angolan citizens to gain access to both physical and virtual cards that can be used for cross-border payments, thereby aiding in the creation of an interoperable payment system. Financial institutions to also benefit as they will have cost synergies and access to Mastercard’s world-class technology

A Deep Dive Into YC’s Transformative Influence on Nigeria's Thriving Tech Startup Ecosystem

A Deep Dive Into YC’s Transformative Influence on Nigeria's Thriving Tech Startup Ecosystem

Kenya’s Konza Technopolis attracts Ksh100 billion from Investors

Kenya’s Konza Technopolis attracts Ksh100 billion from Investors

President William Ruto of Kenya announced that he has secured Ksh 100 billion to commence the construction of Phase Two of the Konza Technopolis. Konza Technopolis is a large technology hub and a key flagship project of Kenya’s Vision 2030 economic development portfolio to be built 64 km (39

Mastercard partners with Lipa later team to boost BNPL payment services in Africa

Mastercard partners with Lipa later team to boost BNPL payment services in Africa

Mastercard has today partnered with Lipa Later, a credit-led and technology-driven fintech to accelerate the expansion of Buy Now, Pay Later (BNPL) payment services in Africa. The partnership is expected to unlock new opportunities for consumers and merchants by providing tailored BNPL solutions and enhanced payment capabilities. Shehryar Ali, Country

RENU Partners with Mesh++ to Manufacture Solar-Powered Internet Routers in Uganda.

RENU Partners with Mesh++ to Manufacture Solar-Powered Internet Routers in Uganda.

RENU, the Ugandan NREN, has partnered with Mesh ++, a connectivity solutions manufacturer based in Chicago, USA, to manufacture solar-powered Internet routers in Uganda, which combine renewable energy from the sun with advanced connectivity technology to deliver an Internet access solution. These will be the first Internet routers to be manufactured

TikTok blocked in Senegal amidst crackdown on dissent

TikTok blocked in Senegal amidst crackdown on dissent

The Senegalese government has suspended the use of TikTok until further notice. The reason for this decision is the spreading of "hateful and subversive" messages that followed the recent protests against the detention of opposition leader Ousmane Sonko on Monday. They had already cut off internet access on

Moringa School Announces Tech Advisory Board and New AI Courses

Moringa School Announces Tech Advisory Board and New AI Courses

Moringa School an EdTech company founded in April 2014 has revealed its Tech Advisory Board and new AI courses. The Board composed of key corporate decision-makers in the region will benefit from technical expertise and experience in Moringa School’s mission of “transforming the tech talent in Africa”. Snehar Shah,

Kenyan Government suspends all Worldcoin activities

Kenyan Government suspends all Worldcoin activities

The government has suspended activities of the cryptocurrency project WorldCoin pending the conclusion of inquiries aimed at establishing the safety of the data being harvested. Interior Cabinet Secretary Kithure Kindiki, in a statement, said the move will remain in effect until assurances of the safety and integrity of financial deals

KCB Foundation Partners with Adanian Labs to Train on Technology and Artificial Intelligence

KCB Foundation Partners with Adanian Labs to Train on Technology and Artificial Intelligence

KCB Foundation and the National Bank of Kenya (NBK) have partnered with Adanian Labs Limited to train its beneficiaries on technology and Artificial intelligence including cyber security. The beneficiaries will be selected from the foundation’s flagship 2Jiajiri program, as well as those who have cleared high school within its

MTN – UGANDA UNVEILS 5G NETWORK: FIRST IN THE REGION

MTN – UGANDA UNVEILS 5G NETWORK: FIRST IN THE REGION

MTN-Uganda a subsidiary of MTN group unveiled the first 5G network in the East African region. The Telecom giant which currently dominates the market with 17 million subscribers hopes the service will propel the country’s digital and financial inclusivity to greater heights. 5G also known as the 5th generation

Goodwell Makes Undisclosed Investment In SOUK Farms To Revolutionize Agriculture In Rwanda

Goodwell Makes Undisclosed Investment In SOUK Farms To Revolutionize Agriculture In Rwanda

Goodwell Investments, an impact investing firm, has announced making an undisclosed investment in SOUK Farms, a prominent grower and exporter of fresh horticultural produce from Rwanda. This investment will help SOUK Farms expand its operations, establish resilient systems, and strengthen value chains that benefit local farmers and the surrounding community.