Airtel Money, the mobile financial services arm of Airtel Africa, has quietly become one of the most significant players in African fintech. In its latest fiscal year, which ended March 2025, the company posted $145 billion in annualized transaction value—nearly double the GDP of Ghana. Once an ancillary offering bundled…
Author: Staff Writer
Staff Writer
I am a staff at Innovation Village.
PalmPay, one of Nigeria’s leading fintech players, has kicked off 2025 with strong momentum—crossing 15 million daily transactions in the first quarter, up sharply from the 10 million it averaged daily in 2024. The milestone was revealed during a press conference and media roundtable to highlight the company’s Q1 performance,…
In a significant shift from its original long-term strategy, the Gates Foundation has unveiled an ambitious plan to donate approximately $200 billion over the next two decades. This decision marks a departure from the foundation’s initial intent to operate several decades beyond the lifetimes of its co-founders, Bill and Melinda…
Apple is preparing a major shake-up in the world of web search—one that could upend the current balance of power and cause lasting tremors across the digital advertising landscape. During a pivotal testimony at Google’s antitrust trial this week, Apple’s Senior Vice President of Services, Eddy Cue, revealed that the…
Stripe Inc., the global payments giant, is entering a bold new chapter—launching stablecoin-funded accounts in over 100 countries. For African businesses, this marks a major opportunity to leapfrog legacy banking challenges and participate in a faster, more stable, and borderless financial ecosystem. At the heart of this offering are two…
The global smartphone market posted a modest but meaningful rebound in the first quarter of 2025, with revenues growing 3% year-on-year (YoY). According to Counterpoint Research, this positive momentum was largely driven by strong performances from Apple and vivo, the only two brands among the top five to record revenue…
Platos Health has unveiled Platos 3.0—a bold shift into a proactive, preventive health economy—backed by a $1.4 million pre-seed funding round. Investors include Google for Startups, Invest International, and angel investors from global tech powerhouses like Google, Tesla, and Unicredit. This funding reinforces Platos’ mission to address the global rise…
The Kenyan High Court has taken a firm stand on digital privacy by ruling against Worldcoin, the cryptocurrency initiative co-founded by OpenAI’s Sam Altman and Alex Blanca. The court ordered the company to cease all biometric data collection and processing in Kenya and to permanently delete all previously gathered biometric…
Google has introduced AI Max for Search campaigns, a powerful new suite of artificial intelligence tools aimed at revolutionizing the way advertisers connect with users through Search. This initiative brings cutting-edge AI capabilities into the heart of campaign management, enabling marketers to boost reach, improve relevance, and increase performance with…
Egyptian B2B medtech platform i’SUPPLY has secured $3 million in Sharia-compliant revenue-based revolving financing from Bokra, the MENA region’s first goal-driven digital investment platform. The deal marks a significant step in scaling i’SUPPLY’s operations and widening access to pharmaceutical and medical supplies across underserved communities in Egypt. In June 2024,…
African startups raised a total of $343 million in April 2025 across 39 publicly disclosed deals, marking a sharp recovery from the sluggish funding seen in previous months. This figure makes April the second-highest April funding month on record, driven by a combination of large-ticket deals, increased debt financing, and…
OpenAI has reversed course on a major restructuring plan, choosing to maintain nonprofit control over its for-profit arm in a move likely to temper CEO Sam Altman’s influence. The decision follows mounting criticism from civil society leaders and legal pressure from co-founder Elon Musk, who filed a high-profile lawsuit earlier…
About a year ago, Microsoft launched a groundbreaking new class of devices — Copilot+ PCs — the fastest and smartest Windows PCs to date, with the Surface Laptop and Surface Pro standing as Microsoft’s flagship models in this category. The tech giant has now unveiled two new additions to its…
The Nigerian Postal Service (NIPOST) is undergoing a sweeping transformation designed to reposition it as a modern, technology-driven institution aligned with Nigeria’s digital economy and global best practices. At the heart of this ambitious agenda is a decisive shift to a fully cashless payment system across all post office counters,…
Ethiopian Airlines is taking a bold leap into the future of aviation by partnering with U.S.-based Archer Aviation to deploy a fleet of electric Midnight aircraft under Archer’s “Launch Edition” program. Valued at up to $30 million, the agreement marks a significant step toward building Africa’s first air taxi network…
Airtel Africa is taking bold strides to revolutionize internet access across the continent through a strategic partnership with SpaceX’s Starlink. The collaboration aims to deliver high-speed satellite internet to millions of underserved people in Africa, especially in rural and remote areas where connectivity has long been a challenge. As of…
Bolt is taking a bold step to improve road safety in South Africa by launching a cutting-edge dash cam solution for its driver partners. The global mobility platform has partnered with U.S.-based tech firm Driver Technologies to transform drivers’ smartphones into dual-purpose dash cams, capturing both front-facing and in-cabin video…
Starlink, the satellite internet service developed by Elon Musk’s SpaceX, is now officially available in the Democratic Republic of Congo (DRC), marking a major leap forward in the country’s digital connectivity efforts. This is according to Elon Musk’s post on “X” on Sunday. This rollout comes after the Congolese government…
Africa’s competitive gaming scene is about to hit a new high score. Carry1st, one of the continent’s leading games publisher, has officially launched the 2025 edition of the Carry1st Africa Cup, headlined by none other than Call of Duty®: Mobile. This year’s event promises to be the biggest yet, bringing…
Facing a major regulatory shake-up, Chinese discount e-commerce platform Temu has pivoted its U.S. operations by focusing exclusively on domestic fulfillment. The move comes as sweeping changes to U.S. trade rules—specifically the removal of the de minimis loophole—take effect, reshaping how low-cost imports from China enter the country. Temu, owned…