Author: Tapiwa Matthew Mutisi

SA fintech startup Cumulate has partnered with Discovery Bank to launch an advanced online financial education platform called Worth. Gary Kayle, CEO of Worth highlights the importance of financial education in empowering individuals. “Worth is Discovery Bank’s financial education partner, and we’ve relished working with the Discovery team as they build the world’s first shared-value…

Abuja-based AgriTech startup Thrive Agric has launched a one-year project that aims to support 50 000 smallholder farmers that grow rice, maize, and soybean in Nigeria. The initiative forms part of the agritech’s commitment to strengthening value chains in the country. The programme is being supported and conducted in collaboration with…

Dream-VC Fellowship, a Venture Capital Institute, has launched a new fellowship programme that is dedicated to providing more access and opportunities to traditionally underrepresented individuals in the African VC space. Cindy Ai, cofounder of Dream VC explains the importance of growing the number of young African investors and what role…

Ugandan Fintech Emata that gives farmers access to digital and affordable financial products has been announced as the winner of the Best Catapulter Award at the end of the CATAPULT: Inclusion Africa 2021 digital bootcamp. The award was announced at the end of CATAPULT: Inclusion Africa’s digital pitching ceremony held on 27…

Shares of Samsung Publishing Co., the second-largest shareholder in the producer of “Baby Shark,” viral YouTube song soared on Wednesday after a tweet by Telsa CEO Elon Musk about the viral children’s song. Shares of Samsung Publishing in South Korea soared more than 10% at one point during regular trading…

Going to grab a bite at a Tesla burger joint soon? Well, it looks like Tesla CEO Elon Musk might be serious about opening a 1950s-style diner at a Tesla Supercharger station after Tesla filed a new trademark for its brand under restaurant services as the automaker is expected to…

A leading video e-learning platform in the MENA region, Almentor.net has secured $6.5-million in a funding round led by Partech with participation from Sawari Ventures, Egypt Ventures, and Sango Capital. According to reports, the recent raise of funding brings the total financing that the company has garnered since its inception…

The Ford Motor Company, commonly known as Ford recently announced that it’s doubling down on electric vehicle development it will invest $30 billion in electrification efforts by 2025. The automaker also pledged that 40% of its vehicles sold by 2030 will be electric. Ford had previously announced plans to spend…

Facebook Inc recently launched new ways to inform people if they’re interacting with content that’s been rated by a fact-checker as well as taking “stronger” action against people who repeatedly share misinformation on Facebook.  Whether it’s false or misleading content about COVID-19 and vaccines, climate change, elections, or other topics, Facebook…

The group behind the SolarWinds cyber attack identified as Nobelium late last year is now targeting government agencies, think tanks, consultants, and non-governmental organizations, Microsoft Corp said on Thursday. “This week we observed cyber attacks by the threat actor Nobelium targeting government agencies, think tanks, consultants, and non-governmental organizations”, Microsoft said…

Iran has banned the energy-intensive mining of cryptocurrencies such as Bitcoin for nearly 4 months, President Hassan Rouhani said on Wednesday, as the country faces major power blackouts in many cities. “The ban on the mining of cryptocurrencies is effective immediately until September 22 … Some 85% of the current…

Earlier this year we reported that the Chinese military had banned Tesla vehicles from entering its complexes, and housing compounds because of concerns about sensitive data being collected by cameras built into the vehicles, which Elon Musk, the Chief Executive Officer (CEO) of Tesla downplayed espionage concerns from China, adding that…

Never mind the GPUs used for process-intensive mining of Bitcoin, new cryptocoin Chia is driving up hard disk drive prices by its own processing needs, which are based on storage capacity. Chia Network Inc., a blockchain and digital currency platform founded by BitTorrent creator Bram Cohen, has more than doubled…

The price of bitcoin climbed back above $40,000 on Wednesday morning, a week after its price tumbles 30% to around $30,000. According to Coin Metrics data, the world’s most popular cryptocurrency was trading at $40,344.50 at 5:24 a.m. ET (11:24 a.m. South Africa) on Wednesday, up over 5% over the last…

Zimbabwean-born telecoms mogul Strive Masiyiwa has been named the first black billionaire in the UK. Masiyiwa, chairman and founder of Econet Group, a telecommunications and technology group with operations and investments in 29 countries in Africa and Europe, appeared on the Sunday Times UK Rich List over the weekend. The Rich List…

Earlier this month, Tesla suspended vehicle purchases using Bitcoin, over concerns about its environmental impact, just a month earlier revealed it had bought the equivalent of $1.5bn (£1bn) of the digital currency. “We are concerned about rapidly increasing use of fossil fuels for Bitcoin mining and transactions, especially coal, which…

Mining Bitcoin and other cryptocurrencies could leave adverse impacts on the environment, some fear. Tesla CEO Elon Musk said, “We are concerned about rapidly increasing use of fossil fuels for Bitcoin mining and transactions, especially coal, which has the worst emissions of any fuel.” And in what can only be…

Bitcoin and other cryptocurrencies plunged earlier this month after Elon Musk said Tesla would stop accepting bitcoin as payment for its vehicles because of the huge amount of energy needed to mine bitcoin. But Musk might be having a slight change of heart on bitcoin mining. The Tesla and SpaceX CEO tweeted late Monday that he spoke…

Amazon.com Inc is nearing a deal to acquire Hollywood Metro-Goldwyn-Mayer (MGM) Studios, the co-owner of the James Bond franchise and other film and TV series, for between $8.5 billion and $9 billion including debt, according to people familiar with the matter a pact that would turn a film operation founded…

Egypt’s first locally produced electric car is on its way, along with 3,000 of the charging stations needed to power them. Egypt will start manufacturing electric cars in 2022, with an initial capacity of 100 cars during the first year, Public Business Sector Minister Hesham Tawfik said. Production of the…