The LHoFT Foundation has announced the 10 Fintech startups selected to take part in the 2022 edition of CATAPULT: Inclusion Africa: Special Edition in Dubai Developed by the LHoFT Foundation, CATAPULT: Inclusion Africa is designed for innovative technology companies focused on financial inclusion in Africa. The program aligns with the…
Author: AdeO
Yemaachi Biotech, cancer research, and diagnostics company headquartered in Accra, Ghana with offices in Washington, DC, announced today the close of a $3 million seed round to advance its mission of diversifying precision oncology globally. V8 Capital led the round, with LifeLine Family Heritage Fund, Y Combinator, Tencent, LoftyInc Capital,…
Carry1st, one of Africa’s leading gaming publishers, has released new insights from its market data that highlights successes that have shaped their growth in the gaming sector. Since the launch of SpongeBob: Krusty Cook-Off in October 2021, the game has managed to acquire more than 2 million users, ranking in…
A group of African, European, multilateral and bilateral partners on Wednesday launched the Alliance for Entrepreneurship in Africa (AforE) to support a stronger private sector, entrepreneurship and the growth of small and medium-sized businesses across Africa. The Alliance will combine and focus the technical and financial strengths of its members…
Africa’s leading independent aerial fibre optic network infrastructure and telecommunications services provider, Phase3 Telecom has announced that it is adopting an innovative, technology-driven, digitized, and multilayer approach for security operation network capacity expansion. The company said that the move, which will be completed in timed phases, provides secure infrastructure that…
West Africa’s pioneer solar-based internet service provider, Tizeti has partnered with Microsoft Corp. to roll out high-speed Airband internet infrastructure in Oyo State. This is part of its commitment to empowering more Nigerians, stimulating economic activities, and widening the broadband envelope in Africa with affordable broadband connectivity. With forty percent…
Gricd, a cold chain technology company that uses the Internet of Things (IoT) to enable last-mile delivery of temperature-sensitive products, has partnered with Haultrac, one of Nigeria’s leading logistics companies, to support the delivery of essential healthcare commodities to all 36 states of the country, as well as the Federal…
Clickatell has announced the launch of the integration of its industry-leading Chat 2 Pay payment solution with Salesforce Commerce Cloud the fastest path to unified commerce. Clickatell’s integration empowers Commerce Cloud customers to achieve enhanced payment options by allowing contact center agents to trigger payment requests via a payment link…
American international basic cable sports channel ESPN as part of its Built To Play initiative has opened a brand new football pitch in the community of Makoko, in Lagos, Nigeria. In collaboration with Kick4Life, Slum2School, and Love.futbol, the first-in-Africa facility will serve the 3000 learners of the school, upon whose premises…
Nine African startups have been selected to be part of the first-ever Startup Wise Guys SaaS Africa accelerator programme. The programme features hands-on learning in business development, fundraising, product development, pitching, and even access to the digital marketing expertise of Aleph. Also, there is a 65K EUR cash injection, with…
Luno, the global cryptocurrency platform that aims to put the power of crypto in everyone’s hands, has today announced it is adding two more cryptocurrencies to its platform: Chainlink (LINK) and Uniswap (UNI). From today, users can buy, sell and store LINK and UNI on the Luno app and website,…
Africa No Filter and Meta today announced the six finalists of the ‘Future Africa: Telling Stories, Building Worlds’ programme – focused on harnessing and investing in the next generation of Extended Reality (XR) creators in Africa. The winners, selected from Mozambique, South Africa, Nigeria, Mauritius, Cameroon, and Kenya, will incorporate the creative uses…
Egypt’s leading logistics company Bosta has another expansion into Saudi Arabia. The logistic company announced the opening of its first office in Riyadh, signaling the official launch of its business to provide its distinguished services to its customers in the Kingdom of Saudi Arabia. This move was made in line…
Nairobi headquartered e-mobility startup BasiGo has partnered with Citi Hoppa and Eastland Eagles to commission the first electric buses in the country for passenger use. The startup which closed a seed funding round in February is an electric vehicle technology and financing startup working to bring electric bus services to…
Visa has completed the acquisition of Tink for over $2 billion. Tink is an open banking platform that enables financial institutions, fintechs, and merchants to build financial products and services and move money. The platform through a single API enables its customers to move money, access aggregated financial data, and…
Sudan’s leading innovation hub 249Startups has announced the official launch of the country’s first startup-focused impact investment fund. Rhino Investments is 249 Startups’ newest funding vehicle that aims to create an inclusive startup ecosystem for entrepreneurs while creating networks between impact-driven and scalable startups, SMEs, and investors through the latest,…
Launched in March 2007 to enable money transfers between people, one of Africa’s leading fintech platform, M-Pesa, on Monday marked its 15th anniversary. Since its launch, the fintech company has not slowed down as it keeps growing and expanding into new markets. At the last check, M-Pesa has grown to…
Microsoft has completed the $19.7 billion acquisition of Nuance, a leader in conversational AI and ambient intelligence across industries including healthcare, financial services, retail, and telecommunications. The acquisition will see Microsoft and Nuance, driven by a shared vision to build outcomes-based AI, enable organizations across industries to accelerate their business…
In line with MTN Group’s Ambition 2025 strategy of leading digital solutions for Africa’s progress, the Group has signed a Memorandum of Understanding (MoU) with Rakuten Symphony to conduct live 4G and 5G OpenRAN Proof of Concept (PoC) trials in South Africa, Nigeria, and Liberia based on Rakuten Communications Platform…
Egypt’s furniture and home goods marketplace platform, Homzmart has acquired Berlin-based technology company, MockUp Studio. The acquisition is further evidence of Homzmart successfully executing its strategy to consolidate the full home goods and furniture value chain, and complements the Company’s vision to transform how consumers shop and furnish their living…