Author: Tapiwa Matthew Mutisi

A new report by Catalyst Fund, an accelerator that supports inclusive tech innovators in emerging markets and data research company Briter Bridges has indicated that fintech investment across emerging markets, including Africa, is increasing, and in addition to the rising numbers, the report shows insight on and acquisition strategies favoured…

Cape Town-based edtech company iXperience (also known locally as iX) is an educational technology company that partners with high schools, universities, and corporates to provide progressive education programmes and services that equip students with industry-focused skills and has just recently announced that it has secured $2.5-million (R35-million) in a Series A funding round led…

Trump’s team tried to get his messaging back on the microblogging website but were unsuccessful, after Twitter suspended an account created to share posts from a website recently launched by former President Donald Trump, claiming the new handle is an attempt to bypass the suspension of his personal account, in…

The world’s second-largest cryptocurrency Ether which comes after bitcoin, on Thursday extended a breakaway rally to a new record high of $3,616.10, gathering momentum as investors diverted focus from its main rival. On the Bitstamp Exchange ether was last up about 4.0% at $3,568.92. Bitcoin was down 0.3% at $57,353.03…

South Africa’s Department of Science and Innovation’s entity The Technology Innovation Agency (TIA) has announced that it is funding the distribution of antenna-based high-speed fixed internet solutions for low-income communities. The innovative and affordable internet solution have been developed by fibrePOYNT, a Johannesburg-based internet company and is being backed by the local…

The Vumela Fund, established by FNB Business and Edge Growth, has invested in Cape Town-based food tech startup Kombo King, a 100% black-controlled company that focuses on designing and producing smart controlled fast-food frying equipment. Vuyiswa Nzimande, Principal at Edge Growth and lead dealmaker explains comments on the investment made…

Nigerian fintech startup Paystack a company that provides various payment gateways for businesses has been relatively quiet since it was bought by fintech giant Stripe last October. The deal, worth more than $200 million, caused shockwaves to the African tech ecosystem and offered some form of validation to work done by founders, startups, and investors…

Newly launched female-owned and led South African investments entity Crystal Partners is the latest investment company to open in South Africa and aims to be the premier partner of choice for global and local companies that are wanting to establish and expand their footprint in Africa. Crystal Partners is the alternative investments…

Facebook’s independent oversight board ruled Wednesday to uphold the company’s January decision to suspend the Facebook and Instagram accounts of former President Donald Trump. But, the board said, the indefinite time frame of the suspension “was not appropriate.” The board effectively punted the decision on the length of the suspension…

On Wednesday Dogecoin, the cryptocurrency-based off a viral dog meme from nearly a decade ago soared to an all-time high, extending its 2021 rally to become the fourth-biggest digital coin. Dogecoin, launched as a satirical critique of 2013’s cryptocurrency frenzy, and according to CoinMarketCap has climbed 41% in the last…

Nigerian one-stop investment platform that gives customers access to an array of products – Savings, Mutual funds, and Stocks, Ladda is one of five startups that will face off in the final round of the Seedstars World Competition. The annual contest revealed the five finalists on 4 May, and this announcement…

Leading online restaurant reservation management software and reservation app in South Africa Dineplan has announced its partnership with Reserve with Google. As a first for South Africa, the partnership will enable diners to easily book a table at their favourite local restaurant directly through Google Search, Maps, or Assistant. Martin Rose, director…

Gozem, the super app already operational in several West African cities has announced the launch of the ‘Super App’ taxi booking service in Libreville, Gabon. From now on, all Gabonese citizens can download the Gozem app, available for free for Android and iOS, and take trips in the nation’s capital. Gozem’s…

The majority of organisations are not yet compliant with the Protection of Personal Information Act (POPIA) which becomes effective on 1 July this year. According to a survey conducted by TPN Credit Bureau on how ready companies are for POPI, only 27.4% are process ready and 40.3% are ready from…

Kenyan insurtech startup Lami Technologies which is on a mission to break the 3% insurance penetration barrier in Africa through transforming and democratising insurance with their powerful platform solution has secured $1.8-million in a seed funding round led by Accion Venture Lab with participation from AAIC, Consonance, P1 Ventures, Acuity Ventures, The…

It’s sad to note that the Samsung Galaxy S8 has received its last security update four years after its launch in the spring of 2017. The much-anticipated launch of the Galaxy S8 was a well-timed success story for Samsung which came after the disastrous Note 7 which had to be…

Ghana’s Securities and Exchange Commission (SEC) recently warned people to avoid cryptocurrency transactions of any form. In the warning, the regulator reiterated that “cryptocurrencies are illegal in the country and are not regulated by the commission hence Ghanaians should stay away from them.” In remarks made during an interview, Paul Ababio,…

Twitter has been a free service for its users ever since it launched in 2006. Now it’s getting more serious about getting you to pay up, via an optional subscription service it’s building. Here’s the most recent example of Twitter’s plans, which are evolving in plain sight: Twitter this morning…

Tunisia-based innovative fintech startup Expensya, an automated spend management solution for businesses has raised $20-million in its most recent fundraising campaign secured from MAIF Avenir, Silicon Badi along ISAI, and Seventure. According to reports from the tech startup, the funding secured will enable the company to accelerate its international growth…

Microinsurer aYo Zambia has announced that it has passed the one-million customer mark in under a year and the growing company aims to double its market share in 2021 as it aims to provide easy access to insurance for Zambians. This is a massive milestone for aYo Zambia which launched at the…