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Artificial Intelligence

A collection of 37 posts

Kenya’s Safaricom launches 5G network

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Kenya’s Safaricom launches 5G network

When Safaricom launched its 4G service in 2015, what followed was great expansion and increase in revenue, fast-forward to 2020 and it had tripled its revenue from $160million to $450million. With the new plans to launch the company’s 5G technology trials for its customers in Kenya which will begin

Blockchain.com Raises $300 Million Now Valued at $5.2billion

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Blockchain.com Raises $300 Million Now Valued at $5.2billion

Blockchain.com a London based cryptocurrency company announced on Wednesday that it has raised $300million in its latest funding round which increased its valuation to $5.2billion. The round was led by DST Global, Lightspeed Venture Partners and VY Capital. This announcement is coming just weeks after bitcoin rose to

Pan-African Fintech Accelerator selects 10 African Startups

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Pan-African Fintech Accelerator selects 10 African Startups

Pan-African Fintech Accelerator has selected 10 African Fintech startups that will participate in the first edition of the virtual acceleration program. The accelerator is funded by SANAD Fund for MSME in partnership with MEST Africa and Impact Lab. The Pan-African Fintech accelerator involves a six months virtual program designed for

Blueloop Joins Y-combinator

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Blueloop Joins Y-combinator

The need for cross-border payment has been increasing in Africa over the years. With the traditional banking system failing to efficiently meet this need for African merchants and freelancers, fintech startups have taken the lead in ensuring that cross-border payments are carried out swiftly for Africans, and what a job

Africa’s Disrupt Story: The Case of Insurtech

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Africa’s Disrupt Story: The Case of Insurtech

Overview of Insurtech If you have an insurance company and are looking for an area where it will receive as most patronage, Africa should do. Africa is one of the world’s hot regions for insurance due to its underdeveloped insurance sector. In Africa, bulk of the insurance comes from

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PayPal and Flutterwave Partner to Enable African Merchants Receive Payment

It’s always a joy to carryout a payment with ease, especially one that crosses the borders of your region. For Africans, Flutterwave has ensured that merchants and freelancers can enjoy the ease of making payments from the comfort of their homes or business to anyone anywhere in the world.

Flutterwave Raises $170million, now Valued at Over $1billion

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Flutterwave Raises $170million, now Valued at Over $1billion

If you’re a Nigerian then this is one company you should be proud of, not just because they just raised $170million- which by the way is huge and is also the centre of this piece but because they have established themselves as one of biggest payment channels in the

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Apple Discontinues iMac Pro

Apple designed the iMac Pro for pros. The iMac pro is packed with powerful graphics, powerful processors, advanced storage and memory and a breathtaking Retina 5K display. It is designed to serve every purpose and everyone from photographers to video editors to 3D animators to musicians to software developers and

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Somalia Integrates Mobile Money Payment System

What you need to know about Mobile Money The ability to transfer funds, pay bills, save, borrow or even acquire insurance coverage via a mobile phone is very satisfying. This is how mobile money is transforming the lives of individuals and businesses in Africa. Beyond the convenience which mobile money

AI and data annotation startup, Enlabeler raises investment from VC fund, E4E.

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AI and data annotation startup, Enlabeler raises investment from VC fund, E4E.

Enlabeler, an AI and data annotation startup, has raised an undisclosed investment from new VC fund, Entrepreneurs for Entrepreneurs (E4E) Africa. E4E decided to invest in Enlabeler due to its focus on creating job opportunities for marginalised South Africans. According to the startup, their ethos is to create an inclusive

Tanzanian fintech startup, Mipango rolls out AI-based personal finance app.

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Tanzanian fintech startup, Mipango rolls out AI-based personal finance app.

Tanzanian fintech startup, Mipango has rolled out an artificial intelligence (AI)-based app that provides users with free financial advice on iOS and Android devices. Mipango is a personal finance mobile application that allows users to manage their income, expenses, savings, financial targets, and budgets as well as granting access

Applications open for Africa AI Accelerator Program.

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Applications open for Africa AI Accelerator Program.

Applications have been opened for the Africa AI Accelerator program which is designed by Ghana Tech Lab (GTL). The accelerator program aims to promote local innovations in the field of artificial intelligence, machine learning, and data usage. The first cohort will assist ten AI startups from Ghana, South Africa, Rwanda,