Twitter has rolled out an update which will enable users access to view counts for Tweets. The new update is currently available on iOS and Android and will be available on the web soon. View counts show the total number of times a Tweet has been viewed. With view counts,…
Author: Oluwasegun Olukotun
YouTube has entered into a partnership with the All-Africa Music Awards (AFRIMA) to help provide artist-focused educational sessions and live streaming support ahead of the highly anticipated 8th edition of (AFRIMA) tagged ‘Teranga Edition’ scheduled to hold in Dakar, Senegal on 12-15 January 2023. Being the pinnacle of recognition for…
UAE-based open finance platform Fintech Galaxy has completed the acquisition of Underlie, an Egypt-based open banking platform offering application programming interface (APIs) to banks and businesses. The value of the transaction is undisclosed. The deal will help to set FTG’s Open Finance and Open Banking wheels in full motion across…
KuCoin Labs, the incubation and research arm of KuCoin, has launched its long-term incubation program to accelerate builders and enable sustainable growth and success in the blockchain space. The first season– Astro Selection will be an eight-week journey focusing specifically on Gamefi, NFT and Metaverse, with the best-selected projects participating.…
Meta has published its 2022 Africa Year in Review highlighting some of the company’s investments and initiatives in Sub-Saharan Africa across innovation, its support of SMBs and Creators as well as its work connecting communities. Commenting, Enitan Denloye, Country Director SSA, Meta said: “We remain invested in Africa and the…
Equinix, Inc. has announced plans to penetrate the South African market with a $160 million data center investment in Johannesburg that augments its current footprint on the African continent in Nigeria, Ghana and Côte d’Ivoire. The new data center is expected to open in mid-2024. This latest expansion plan will…
The African Export-Import Bank (Afreximbank) has signed a Memorandum of Understanding (MoU) with the Export-Import Bank of the United States (U.S. EXIM) to boost trade between Africa and the United States of America as well as expand commercial engagements of the African Diaspora community in the U.S. towards facilitating transactions…
The Africa Blockchain Center has today announced the graduation of its first cohort of 105 blockchain developers under its Blockchain Programming training course. The program, which took 6 months, and was run by a network of global experts, is a practical based course that teaches the learners the core fundamentals…
Egypt’s healthtech platform CheckMe has acquired a majority stake in DoctorOnline, a doctor appointment booking app. The deal was facilitated through acquisitions and mergers (M&A) advisory firm Exists.Me. Founded in 2020 by Mahmoud Abdel Hakim, CheckMe is a customer-centric marketplace mobile application that provides on-demand medical lab services through multiple…
The U.S International Development Finance Corporation (DFC) and Mastercard have collaborated with a focus on Africa to increase support to financial institutions, agricultural and technology companies, and other businesses engaged with Mastercard Community Pass, a digital platform designed to address infrastructure challenges that arise in digitizing rural communities, such as…
Africa’s Super App ayoba has announced it has reached the milestone of 20 million monthly active users. This represents a growth of 100% compared to the 10 million monthly active users recorded at the same time last year. ayoba is an application open to all networks developed as a partnership initiative with…
Qualcomm has launched the Africa Innovation Platform, a suite of mentorship, education, and training programs created to support the development of Africa’s emerging technology ecosystem. The platform will provide resources and support for local universities, small-to-medium-sized startups, and grant participants, exposing them to Qualcomm Technologies Inc.’s engineers and its state-of-the-art…
The ElectriFI Country Window initiative for Mozambique has launched with a EUR 15 million package funded by the EU to invest in early-stage renewable energy companies active in the country. The ElectriFI Country Window for Mozambique offers an innovative blending instrument to support the risk capital needs of early-stage companies…
Microsoft and American communications company, Viasat have partnered to help deliver internet access to 10 million people around the globe, including 5 million across Africa. Viasat is the first satellite partner to work with Microsoft’s Airband Initiative and together, they will deepen Airband’s work in the Democratic Republic of the…
Ventures Platform has announced the final close of its early-stage and intercontinental fund at $46 Million. Surpassing its initial $40M target, the oversubscribed fund from one of the continent’s most prolific investors sees new participation from global investors with an array of top-tier commercial banks, corporates, DFIs, global institutional investors…
Morocco’s e-commerce Justyol has raised $350,000 as a pre-seed investment following a $100,000 last August in the same fund-raising round from Earn Rocket Investment holding which seems to be a significant push to the company into further development and expansion. Founded in 2022, Justyol is a unique cross-border marketplace/e-commerce startup that…
Suplyd, an Egyptian startup that digitizes supply chain operations for the MENA region’s hotels, restaurants, and catering (HORECA) industries announced their $1.6M pre-seed round funded by Endure Capital, Seedstars, Camel Ventures, Falak Startups alongside other local and regional investors.Founded by Gohar Said, Karim Selima, and Ahmed ElMahdy, Suplyd is a…
Finclusion Group has announced a brand integration across its market to Fin to consolidate its footprint across Africa under one identity and highlight its ambition to be the leading international neobank across Eastern and Southern Africa. Sequel to the rebranding, TrustGro will now be known as Fin Kenya, Fikia Finance…
Africa’s leading creator and producer of children’s educational media, Ubongo has received $27.8 million from the Lego Foundation’s global Build a World of Play Challenge. to fund bold, innovative and impactful solutions focused on early childhood. Ubongo was shortlisted as one of the five recipients of the fund prize. The…
Mobility fintech and Uber’s largest vehicle supply partner in EMEA, Moove secured $30 million from a debut sukuk issuance arranged by Franklin Templeton Investments (ME) Ltd. in its mission to build the largest EV ride-hailing fleet in the MENA region. The successful completion of this debut sukuk will allow Moove…