Author: Tapiwa Matthew Mutisi

Itana, a pioneering digital free zone in Nigeria dedicated to advancing Africa’s digital economy, has unveiled a strategic collaboration with Accelerate Africa. This alliance is set to equip nascent enterprises with essential tools, expansive networks, and hands-on assistance to expand their operations and tackle pressing issues throughout the continent. Situated…

The South African-based international calling application, Talk360, has successfully garnered $1.4 million in a pre-Series A funding round. This significant financial injection is aimed at propelling the company towards its ambitious target of connecting seven million users by the year 2025. Additionally, the funding is expected to pave the way…

Shipbubble, a Nigerian startup founded in 2022, is swiftly transforming the e-commerce landscape by connecting businesses with a vast network of delivery partners. The platform is designed to empower e-commerce ventures of varying scales, streamlining their delivery processes and driving significant growth in a short span. The startup’s platform automates…

DigiTax, the Kenyan eTims tax compliance solution owned by Namiri Technology, has made its foray into the Zambian market in response to the country’s recent shift towards electronic invoicing regulations. To spearhead its operations in Zambia, Gilbert Lungu has been appointed as the platform’s country manager. Lungu brings a wealth…

NBA Africa, a key affiliate of the National Basketball Association (NBA) dedicated to managing the league’s operations across Africa, including the Basketball Africa League (BAL), has recently unveiled the 10 startups from seven African nations chosen to present their innovations at a pivotal demo day on September 25. This event…

The Kenyan government is taking a firm stance against the proliferation of AI-driven disinformation campaigns that pose a risk to the integrity of its democratic processes. At the recent unveiling of the Fifth National Action Plan on Open Government Partnership in Nairobi, President William Ruto emphasized the government’s commitment to…

TechCrunch has unveiled the much-anticipated Startup Battlefield 200 for the year 2024, showcasing a diverse array of startups from around the globe, including a notable representation of eight early-stage startups hailing from Africa. The Startup Battlefield 200 is a prestigious startup competition that aims to highlight the most promising early-stage…

The Egyptian food-tech startup Brotinni, which specializes in innovative dark butcher solutions for the meat industry, has recently received an investment from Entilaq. This funding is aimed at supporting Brotinni’s growth initiatives both domestically and internationally. Established in late 2020 by entrepreneur Dalia Abou Omar, Brotinni provides a digital platform…

Zimbabwe is taking a pivotal step towards embracing cryptocurrency by working on its inaugural set of crypto regulations, marking a notable shift from the Reserve Bank of Zimbabwe’s (RBZ) 2018 decision to prohibit banks from engaging in cryptocurrency transactions. In a move to establish a regulatory framework for the crypto…

Moove, the Nigerian startup that provides vehicle financing for ride-hailing services and is backed by Uber, is setting its sights on the United States for its latest expansion endeavor. Since August, the company has been actively recruiting for various positions in Los Angeles and California, signaling its commitment to establishing…

TLcom Capital, a prominent venture capital firm with a focus on Africa, is set to host its sixth annual Africa Tech Female Founder Summit on October 15 in Nairobi, Kenya. As one of the leading venture capital firms in Africa, TLcom Capital annually organizes the Africa Tech Female Founder Summit,…

Innoson Vehicle Manufacturing Company (IVM), a Nigerian automobile manufacturer, has recently made headlines by introducing its inaugural electric vehicle (EV) at its production facility in Nnewi, Anambra State. The announcement was made public by Cornel Osigwe, who holds the position of Head of Communications and Corporate Affairs at Innoson. Osigwe…

FSDAi Nyala Facility BV, an entity created by FSD Africa Investments, has declared a significant investment of US$1 million into First Circle Capital Africa Fund I, marking a pivotal step in fostering the expansion of early-stage fintech enterprises across the African continent. First Circle Capital, co-founded by Selma Ribica and…

VC4A, in partnership with the African Business Angel Network (ABAN), is set to host the 11th iteration of the Africa Early Stage Investor Summit (AESIS) during Africa Investor Week. This key event for investment professionals will take place in Cape Town on November 28-29. The summit stands as the foremost…

The Senegalese fintech startup Rubyx has secured a loan of EUR400,000 (approximately US$440,000) from Proparco, a French development finance institution. This funding is aimed at accelerating the deployment of Rubyx’s innovative algorithmic lending solution tailored for startups and microfinance institutions across Africa. Rubyx has created a state-of-the-art, cloud-based digital lending…

Bolt, the popular ride-hailing service, has implemented a 15% increase in fares for all its ride categories in Nigeria, as reported by Technext. This decision comes in response to the persistent fuel scarcity and the escalating operational challenges that drivers are encountering. In a formal statement, Bolt clarified that the…

NamPower, the national power utility of Namibia, has entered into a significant agreement with two Chinese companies, China Jiangxi International Economic and Technical Cooperation and Zhejiang Chint New Energy Development, to establish a solar power facility worth N$1.6 billion ($89 million). This venture marks the construction of the largest solar…

Emma Theofelus, Namibia’s Minister of Information and Communications Technology, has announced that the nation is on the verge of finalizing its Data Protection and Cybercrime Bills. These legislative measures are being introduced to safeguard the personal information of Namibians in an era of rapid technological progress. In response to the…

Telecommunications companies operating in Zimbabwe are now subject to stringent financial penalties for substandard service delivery, as stipulated by the newly amended Statutory Instrument 154 of 2024. This legislative update revises the existing Postal and Telecommunications (Quality of Service) Regulations to address the growing concerns over service reliability in the…

The Saïd Business School at the University of Oxford is currently hosting an extensive event called the Africa Venture Finance Programme. This initiative is a gathering of 44 distinguished fund managers who specialize in African and Africa-centric venture capital investments. The purpose of this assembly is to exchange knowledge and…