Author: Tapiwa Matthew Mutisi

AfricInvest, a leading investment platform with a focus on the African continent, has recently achieved a significant milestone by concluding the fundraising for its Transform Health Fund (THF) with a total of $111 million in capital commitments, thereby exceeding the initial fundraising target set for the fund. The THF, which…

Based in Ivory Coast, the innovative startup Frame3D has recently unveiled its cutting-edge 3D AI platform, revolutionizing the way users can transform videos captured on smartphones into comprehensive 3D models, along with generating professional-grade photos and videos that are perfectly optimized for online use. This groundbreaking platform is specifically designed…

The American corporation BG Titan Group has inaugurated its ambitious Titan E-Farms project in Uganda, a venture poised to revolutionize the agricultural sector throughout East Africa with an investment exceeding $650 million. The initiative’s debut in Uganda is just the beginning, as BG Titan Group envisions extending the Titan E-Farms…

The XA Network, originally established by a cadre of ex-Google executives in Southeast Asia, has recently proclaimed its strategic foray into the African market with the inception of XA Africa. This expansion is a pivotal moment for the XA Network as it aims to nurture technological innovation and bolster the…

Old Mutual, a prominent insurance firm based in South Africa, has recently unveiled Moneyversity Plus, an innovative financial education platform designed to enhance financial literacy among individuals. Since its soft launch in June 2024, the platform has quickly gained traction, attracting over 60,000 users and amassing 8.8 million views. Notably,…

The Ministry of Communications and Digitalisation in Ghana has proudly announced the inauguration of a bilateral ECOWAS Free Roaming initiative that will encompass Ghana and its neighboring countries, Togo and Benin. This development is a continuation of the successful establishment of the ECOWAS Roaming Initiative that was previously set up…

Zoom is set to enhance its AI offerings by introducing a groundbreaking feature that will enable users to generate custom AI avatars of themselves, marking a significant leap in its AI integration efforts. This innovative feature is slated for release as part of Zoom’s ambitious AI expansion project, targeted for…

NetOne, a telecommunications provider in Zimbabwe, has recently inaugurated a series of 5G base stations, marking a significant step forward in the enhancement of internet connectivity throughout the nation. This strategic move is aimed at meeting the escalating demand for robust and high-speed internet services, a necessity in today’s digital…

Xiaomi proudly announces the launch of its highly anticipated flagship smartphone lineup, the Xiaomi 14T phone is now available in South Africa. Catering to photography lovers and tech enthusiasts, the Xiaomi 14T delivers exceptional imaging capabilities, particularly in low-light settings. Equipped with AI-enhanced photography features, South African users can effortlessly…

Nearly half a year since its initial announcement, Ghana is poised to introduce 5G services on the 1st of November, 2024. This move represents a pivotal leap for the nation as it strides towards its goal of achieving a comprehensive digital transformation by the year 2030. The objective is to…

Peach Payments, a leading digital payments service provider based in South Africa, has announced a strategic collaboration with Kenyan-based conversational commerce and CRM platform, Sukhiba. This partnership aims to open up a novel sales avenue for South African merchants, enabling them to conduct sales directly through WhatsApp. Established in Cape…

Yesterday, the South African Department of Home Affairs made a groundbreaking announcement regarding the overhaul of its visa policies. These reforms are strategically designed to invigorate the nation’s economy by drawing in skilled professionals and foreign capital. A cornerstone of this initiative is the introduction of the Remote Work Visitor…

The South African Revenue Service (SARS) has declared that it will be incorporating crypto assets into its compliance initiatives, urging taxpayers to be transparent about their cryptocurrency dealings and investments. The tax authority has raised concerns over the failure of taxpayers to report their crypto assets and transactions in their…

The National Transmission Company South Africa (NTCSA) has earmarked a massive R112 billion ($6.3 billion) investment through its Transmission Development Programme (TDP) to transform the nation’s transmission grid. This investment is a strategic move to integrate approximately 30,000 MW of utility-scale renewable energy into the grid over the next five…

Bpifrance, the leading venture capital entity in France, has strategically established a new outpost in Egypt, marking a significant step in its expansion endeavors across Africa and the Middle East (AME). The French firm has forged a partnership with Sawari Ventures, an Egyptian venture capital company, to facilitate its entry…

Adobe has launched a new web application called Content Authenticity, designed to empower creators with a free tool for attaching Content Credentials to their digital works. This innovation aims to protect creative content from unauthorized usage and ensure that creators are properly credited for their work. Content Credentials function as…

Huawei Technologies, a global provider of information and communications technology (ICT) infrastructure, has announced its intention to construct a data centre in Nigeria. This move is in alignment with the nation’s regulations requiring local data storage. The proposed data centre, also known as a ‘cloud site,’ is slated to become…

Charles Russon has been granted regulatory approval to assume the role of interim CEO of Absa Group, marking his position as the sixth individual to take on the CEO mantle within a span of six years. In addition to his new role as interim CEO, Russon will be stepping into…

The Central Bank of Nigeria (CBN) has taken a significant step towards bolstering the oversight and coordination of Nigerian banks with international subsidiaries by signing Memoranda of Understanding (MoUs) with foreign regulatory bodies. This strategic move is aimed at ensuring compliance with both local and global banking regulations, thereby fostering…

Vodafone has announced the extension of its collaboration with Google for an additional ten years, aiming to introduce innovative services, devices, and television experiences to its customers across Europe and Africa. This strategic move is supported by Google Cloud and Google’s Gemini models, which will enhance storage, security, and artificial…