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Africa Startup Ecosystem Builders Summit And Awards 2023, Extends Nominations To Mid-September
Tech Event

Africa Startup Ecosystem Builders Summit And Awards 2023, Extends Nominations To Mid-September

The Africa Startup Ecosystem Builders Summit and Awards (ASEB) has announced the extension of the dateline for nominations to its 2nd annual summit to September 15, 2023. The three-day event is scheduled to take place from December 6-8, 2023, in the vibrant city of Nairobi, Kenya. This extension offers a
Aug 16, 2023 2 min read
​Liquid Intelligent Technologies launches Metro Ring in Botswana
Daily

​Liquid Intelligent Technologies launches Metro Ring in Botswana

Liquid Technologies, has launched the Metro Ring in Gaborone, Botswana to enhance economic development​.
Aug 15, 2023 2 min read
Safaricom Kenya Raises M-pesa and Daily Transaction Limits
Daily

Safaricom Kenya Raises M-pesa and Daily Transaction Limits

Safaricom has announced that it will raise M-Pesa account limits to Ksh 500,000 ($3,480) effective August 15,2023 for all M-Pesa customers following approval from the Central Bank of Kenya (CBK). Safaricom also said that the current individual transaction limits of Ksh 150,000  ($1,043) will remain
Aug 15, 2023 1 min read
Four Growth Stage Startups from Kenya and Uganda Selected For 2023 VC4A Venture Showcase Africa
Daily

Four Growth Stage Startups from Kenya and Uganda Selected For 2023 VC4A Venture Showcase Africa

VC4A, the leading startup platform in emerging markets has announced the 12 African startups that have been selected to participate in the 2023 VC4A Venture Showcase Africa.  This annual flagship program brings together the best and brightest startups from across the continent, giving them the opportunity to pitch their ideas
Aug 15, 2023 1 min read
Kenyan startups MCHE and Silo Africa emerge second and third at AFEX Code Cash Crop 4.0 Ag-hackathon
Daily

Kenyan startups MCHE and Silo Africa emerge second and third at AFEX Code Cash Crop 4.0 Ag-hackathon

Africa’s leading commodities market player hosted its fourth annual Ag-hackathon, Code Cash Crop 4.0, aimed at harnessing the intersection of technology, finance, and agriculture to create a platform for young tech enthusiasts to create viable solutions.  This year’s edition drew participation from Kenya, for the first time,
Aug 15, 2023 2 min read
South Africa Push For Green Energy: Unveils First-Ever Electric Taxi
News Analysis

South Africa Push For Green Energy: Unveils First-Ever Electric Taxi

South Africa takes a big step in revolutionizing its transport sector as it unveils its first electric taxi.
Aug 15, 2023 3 min read
d.light Raises $125M Funding To Meet Tanzanian Off-Grid Solar Demand
Daily

d.light Raises $125M Funding To Meet Tanzanian Off-Grid Solar Demand

d.light, a prominent global provider of affordable household products and financial services for low-income households, has secured a significant financial boost. The company announced a $30 million securitization facility from the Eastern and Southern African Trade and Development Bank Group (TDB Group). This facility possesses the potential to acquire
Aug 15, 2023 3 min read
Founders Factory Africa to Expand its Mission of Supporting African Founders to Scale Further, Faster
Press Release

Founders Factory Africa to Expand its Mission of Supporting African Founders to Scale Further, Faster

Johannesburg, South Africa — Founders Factory Africa has secured an additional $114 million in funding to scale its model to better serve founders across the African tech ecosystem. The additional support from the Mastercard Foundation and Johnson & Johnson Impact Ventures, an impact fund within the Johnson & Johnson Foundation, follows
Aug 14, 2023 2 min read
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
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