Author: Staff Writer

Itana, formerly known as Talent City, announced that it has secured $2 million in a pre-seed funding round led by global venture capitalists LocalGlobe, Amplo, Pronomos Capital, and Future Africa. Established by CEO Luqman Edu, COO Coco Liu, and Aboyeji, a founding investor, Itana is poised to become Africa’s inaugural…

Success is far from certain in Escape from Tarkov’s bleak and cruel conditions. Every move you make in this multiplayer first-person shooter could be your last, and the difference between life and death is as thin as a hair. But fear not, if you are a beginner, here in this…

Vodafone and Vodacom have announced an exciting collaboration with Project Kuiper, Amazon’s Low Earth Orbit (LEO) satellite communications initiative. The partnership aims to leverage Project Kuiper’s cutting-edge satellite network to extend 4G and 5G services to more customers across Europe and Africa. In March 2023, Amazon unveiled a trio of…

Sanlam, Africa’s largest non-banking financial services provider, and Allianz, a global leader in insurance and financial services, have received regulatory approvals for their joint venture. This strategic partnership, which was first announced in May 2022, aims to establish SanlamAllianz, a prominent Pan-African non-banking financial services company with a presence in…

Opera, a global web innovator, is expanding its free data campaign to Ethiopia in partnership with Safaricom, a recent entrant into the Ethiopian market. This initiative aligns with Opera’s commitment to enhancing internet access across Africa, particularly focusing on mobile products and services designed for African consumers. With over $100…

The Catalyst Fund, a pioneering pre-seed venture capital fund and accelerator focused on driving climate resilience innovation in Africa, is proud to announce its successful first closing with over 20% of its targeted $40 million fund already secured. This milestone underscores the Catalyst Fund’s strong commitment to shaping a climate-resilient…

The United Arab Emirates (UAE) has pledged a substantial $4.5 billion investment to accelerate clean energy initiatives across Africa. This landmark commitment was announced by COP28 President-Designate Sultan Al Jaber during the Africa Climate Summit currently taking place in Nairobi, Kenya. The UAE’s commitment to advancing global climate action is…

Tech giant Google has appointed Alex Okosi as the Managing Director for Africa. Before the appointment, he was Managing Director of Emerging Markets for YouTube in Europe, Middle East and Africa (EMEA). Okosi was in charge of in steering the platform’s growth in Africa, the Middle East, and Turkey. In…

Kenyan fintech Lipa Later has launched a crowdfunding campaign on Republic in a bid to raise $1.24 million at a N30 million valuation. Republic is a worldwide investor ecosystem that opens up retail investment opportunities on a global scale. It offers individuals the opportunity to invest in various asset classes,…

Safaricom’s M-PESA is set to introduce standing orders, a groundbreaking move in the mobile money industry. George Njuguna, the telco’s Chief Information Officer, made this announcement, highlighting that M-PESA will be the world’s first mobile money platform to offer this feature, despite standing orders being relatively common in traditional and…

Sehatech, a leading healthtech startup. announced that it has secured $850,000 in funding from prominent investors A15 and Beltone Venture Capital, a subsidiary of Beltone Holding Company. This injection of capital is set to catapult Sehatech into a pivotal role in revolutionizing healthcare administration through technology. Sehatech says it will…

Embedded finance fintech startup, Anchor, has secured $2.4 million in a recent seed funding round, with Goat Capital leading the investment. The round also saw participation from prominent backers like FoundersX, Rebel Fund, Pioneer Fund, Y Combinator, Byld Ventures, and Future Africa, among others. Anchor’s innovative approach to finance has…

In today’s digital age, the world of work is rapidly evolving. With the rise of remote work and freelancing, people from all over the globe are discovering new opportunities to earn a living and pursue their passions. Africa, with its diverse talent pool and innovative spirit, has become a hub…

In a significant milestone for environmental sustainability, Africa has inaugurated its first verifiable emissions reduction platform, making history with a carbon futures transaction involving over two million credits. This groundbreaking achievement underscores the continent’s commitment to addressing climate change and its potential to unlock opportunities for climate projects and sovereign…

Khalil Suleiman Halilu has been appointed as the new Executive Vice Chairman & Chief Executive Officer of National Agency for Science and Engineering Infrastructure in Nigeria with immediate effect. He is taking over from Dr. Bashir Gwandu whose tenure has been terminated just after four months. The announcement was made…

Traveling in Nigeria, with its diverse cultures, breathtaking landscapes, and vibrant cities, is an adventure waiting to happen. Whether you’re planning a weekend getaway or a cross-country exploration, having the right tools at your fingertips can make your journey smoother and more enjoyable. In this blog post, we’ll introduce you…

Sony has just unveiled its latest compact flagship – the Xperia 5 V. The phone introduces an overhauled camera system that drops the telephoto unit while incorporating a significantly larger primary sensor. Weighing 187g, the Xperia 5 V measures 165mm by 71mm by 8.3mm. It sports a 6.5″ 21:9 wide…

Tecno has introduced its latest innovation from the R&D labs – the concept of a rollable smartphone named Phantom Ultimate. This device expands sideways, swiftly increasing the display size from 6.55 inches to 7.11 inches in just 1.2 to 1.3 seconds. Notably, this concept device from Tecno closely resembles the…

Ten months after receiving a Payment Service Provider Authorisation from the Central Bank of Kenya and launch of its Kenya private beta, Paystack is now live in Kenya. According to the payments giant, it learnt a lot from over 700 businesses that signed up for the beta and adapted the…

Universal Music Group (UMG), the world’s leader in music-based entertainment, has entered into an agreement to acquire Chabaka, MENA’s leading digitally-focused music distribution business that empowers independent artists and labels. Chabaka offers an array of services encompassing digital distribution, marketing, publishing, as well as label and artist support in the…