Author: Tapiwa Matthew Mutisi

Two prominent Ethiopian enterprises, D!NK Multimedia and Gebeya Inc, have recently unveiled a strategic alliance with the goal of revolutionizing the domains of talent management and multimedia services within Ethiopia and beyond its borders. D!NK Multimedia has established a reputation for its flagship D!NK TV platform and an extensive array…

Google has recently declared that it is now accepting applications for the 2024 iteration of its Hustle Academy, a specialized initiative designed to foster the expansion of small and medium-sized enterprises (SMEs) in the Sub-Saharan African region. The Hustle Academy is an all-encompassing program that delivers an in-depth business education,…

Viridian, an impact agency known for creating and implementing programs for budding entrepreneurs, investors, and entrepreneur support organizations throughout Africa, is inviting female-led or female-centric startups in South Africa and Kenya to apply for the RaiseReady program. This seven-week initiative is designed to streamline the process for founders to engage…

Digify Africa, in collaboration with Meta and the Michael and Susan Dell Foundation (MSDF), has announced the opening of applications for its Digify Pro Online digital entrepreneurship program. This initiative is specifically designed for young adults between the ages of 18 to 35 who are currently unemployed. The program focuses…

The Kenyan e-commerce startup tappi, co-founded by Kenfield Griffith and Louis Majanja, has forged a strategic partnership with the Kenya National Chamber of Commerce and Industry (KNCCI) to introduce digital services to 30,000 Micro, Small, and Medium-sized Enterprises (MSMEs) across Kenya. The startup, established in 2022, offers a comprehensive digital…

The South African business accelerator Grindstone has forged a strategic partnership with USAID Southern Africa Mobilising Investment to introduce a specialized two-year initiative aimed at transforming the landscape of startup and scale-up support in South Africa. Established in 2013 and jointly owned by venture capital firm Knife Capital and consultancy…

Botswana’s head of state, President Mokgweetsi Masisi, engaged in discussions with senior representatives from SpaceX, who have shown a keen interest in securing a licence to operate within the nation. These discussions took place during a business summit held in the United States, where President Masisi had the opportunity to…

eTranzact Global Limited, a prominent provider of payment technology solutions originating from Nigeria, has recently made a significant stride in its business growth by venturing into the Ugandan market. This move comes on the heels of the company securing an operational licence from the Central Bank of Uganda, marking a…

Jumia, the online retail platform, disclosed a revenue surge to $48.9 million and a gross profit of $31.2 million for the first quarter of 2024. These figures represent a notable increase from the $41.3 million in revenue and $24.9 million in gross profit reported in the same period of 2023.…

Telkom is proud to unveil TelkomLearn, an innovative digital learning platform poised to transform access to premium educational resources. The platform provides quality courses through accredited partners, heralding a new era where educational excellence radiates for all. TelkomLearn serves as the go-to platform for learners and parents seeking to empower…

The Milken Institute and the Motsepe Foundation have declared the victors of the Milken-Motsepe Prize in Green Energy, a competition that awards $2 million to innovators working to enhance access to reliable, affordable, and sustainable off-grid energy in Africa. The prize-giving took place at the Milken Institute Global Conference in…

After a two-month hiatus and a significant restructuring that eliminated all positions in the US and UK to concentrate its workforce in Africa, Chipper Cash, a leading pan-African fintech startup, has resumed its services in the United States. American customers can now transfer funds to recipients in Chipper Cash’s supported…

Lesaka Technologies, a fintech firm listed on NASDAQ with a valuation of R4.5 billion ($242 million), is set to acquire the payment platform Adumo for R1.59 billion ($85 million) through a mix of cash and stock. The acquisition is expected to close in the third quarter of 2024, expanding Lesaka’s…

MultiChoice remains resolute in implementing increased rates for their DStv and GOtv services, despite a tribunal’s restraining order. Their attorney, M.J. Onibanjo, is vigorously contesting the tribunal’s jurisdiction over pricing matters, seeking to have the case dismissed on these grounds. On the other side, plaintiff Festus Onifade maintains that MultiChoice…

Binance CEO Richard Teng has issued a statement to clarify the circumstances surrounding the detention of exchange employee Tigran Gambaryan, aiming to prevent any unjust distortion of the global community’s perception. Teng expressed concern that the practice of detaining employees who are visiting a country upon invitation for collaborative policy…

Syndicate Bio, a Nigerian biotech startup, has embarked on a groundbreaking collaboration with SOPHiA GENETICS, a leading cloud-based software company specializing in healthcare and data-driven medicine. This partnership marks a significant milestone as it introduces comprehensive genomic profiling and liquid biopsy services on an unprecedented scale across Africa. Founded in…

Future Africa, a prominent venture capital firm with a pan-African focus, has joined forces with CatalyzU, an organization known for identifying, training, and placing top African talent, to introduce the “How to Startup” fellowship. This comprehensive seven-week program is crafted to bolster African entrepreneurs by providing them with the vital…

Seamfix, an established identity solutions enterprise with a 17-year history, has successfully secured a $4.5 million investment from Alitheia IDF. This marks the first time the company has received funding from an institutional investor. The capital infusion is aimed at supporting Seamfix’s strategic expansion beyond the borders of Nigeria into…

Amazon has officially opened its online marketplace in South Africa, extending an invitation to consumers to enjoy complimentary delivery on their inaugural purchase. This gesture is designed to entice new customers and introduce them to the Amazon shopping experience. To accommodate shoppers who prefer not to have items delivered to…

The Co-creation Hub (CcHub), in collaboration with the Mastercard Foundation, has unveiled the second group of twelve pioneering educational technology startups that will participate in the Mastercard Foundation EdTech Fellowship. This initiative aims to bolster startups that are instrumental in transforming the educational sector across Africa by providing them with…