ADVA, an Egyptian Fintech Startup Receives Six-Figure Seed Round From Sawari Ventures for Expansion
ADVA, an Egypt-based fintech, has raised an undisclosed “six-digit figure” Seed round from Sawari Ventures in order to extend its…
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Online Marketplace, Airduka Emerges as the Winner of Kenya’s e-Commerce Startup of the Year
In this year’s annual Kenya E-Commerce Summit and Awards, sponsored by Finserve Africa, Airduka, a Kenyan online marketplace, knocked out…
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Uber & AURA Are Working Together to Promote Safety
Uber and other ride-hailing services are revolutionizing the way we get around. With only a few taps on a smartphone,…
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MFS Africa Acquires Global Technology Partners for $34 million
MFS Africa has agreed to buy Global Technology Partners for $34 million in cash (GTP). GTP is Africa’s top prepaid…
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Three Things You Can Do To Lead a Productive Tech Team
Leadership comes with a lot of responsibilities and sometimes sacrifice. As a result-oriented leader, you must be always willing to…
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TikTok Adds a new Feature to Help Users Manage Their Screen Time
TikTok, a video streaming platform, has added new features to assist users to control their screen time, including a new…
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Moroccan Startup Chari Buys Ivorian B2B e-Eommerce Startup Diago
Chari, a Moroccan B2B e-commerce and finance firm, said today that it has purchased a 100% share in Diago, an…
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GOMYCODE, Tunisia’s Edtech Startup Raises $8m Series A to Promote Global Expansion
GOMYCODE, a Tunisian edtech business, has raised $8 million in a series A round of funding. AfricInvest, through its Cathay…
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ICT Ministry Launches Coding Syllabus for Kenyan Schools
Kenya’s information and communication technology ministry has released a coding curriculum for school children. The newest trend in schools is…
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Franc, South African Fintech Startup Secures $522k Seed Extension Round
Franc, a South African financial app, has secured ZAR8 million (US$522,000) in a seed extension round and unveiled a B2B…
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Virridy Secures $5.5 million in Series A Funding Round led by Accord Capital
Virridy, a company dedicated to enhancing natural resource management through technology, has raised $5.5 million in Series A funding to…
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Bosch Receives $295M VC Fund, Scouting for Startups
Bosch’s venture arm just unveiled its fifth fund, claiming it’s looking for firms that have the “potential to improve quality…
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Endeavor Report: Africa’s Technology Ecosystem is set for Rapid Growth
According to new research released by Endeavor Nigeria, the country’s premier network of high-impact entrepreneurs, Africa’s digital ecosystem is poised…
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UNCDF Partners With IBM on Digital Futures to Bridge the Digital Skills gap
As part of UNCDF’s Digital Futures project, the UN Capital Development Fund (UNCDF) announced today that it is collaborating with…
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Nigerian Lender, Access Bank Acquires Sidian bank From Centum for Sh4.3 bn
Centum Investment Company Plc has agreed to sell its entire equity stake in Sidian Bank Limited (‘Sidian’) to Access Bank…
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13 Startups Join Scaleup Accelerator by GreenHouse Capital, Microsoft
The 13 startups from East and West Africa selected to participate in the Scaleup Accelerator Programme have been revealed by…
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Edtech Talently Secures $3M Seed Round
Talently, an edtech startup, has raised $3 million in seed funding from 500 Startups Latam, Alaya Capital, Salkantay Ventures, Newtype…
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The Technology Innovation Agency and the SAB Foundation form a partnership to further support innovation
(8 June 2022, Johannesburg) The Technology Innovation Agency (TIA), an entity of the Department of Science and Innovation, and the…
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British Council, Microsoft Announce an e-Learning Initiative for Young Business Owners
The British Council and Microsoft have established an e-learning program to help young entrepreneurs shape their futures and take control…
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Egypt’s Nice Deer Secures $1 Million Pre-Seed Round
DisrupTech Ventures sponsored a $1 million pre-Seed investment round for Egypt-based insurtech Nice Deer. The cash will be used to…
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Attacker Dwell Time Increased by 36%, Sophos’ Active Adversary Playbook 2022 Reveals
OXFORD June 8, 2022 – Sophos, a global leader in next-generation cybersecurity, today released the “Active Adversary Playbook 2022,” detailing attacker…
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Nine African Startups Join the Norrsken Impact Accelerator
The Norrsken Impact Accelerator, a well-known early-stage accelerator, has picked nine African startups from eight countries to participate in its…
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Africa Data Centres Opens Office in Accra, Ghana
Africa Data Centres, a subsidiary of Cassava Technologies Group, a pan-African technology conglomerate, is constructing a 30-megawatt data center in…
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Dstny Acquires Egyptian Customer Experience Startup, Tactul AI
Dstny, a Belgian corporate communications provider, has acquired Egyptian startup Tactful AI, which provides a cutting-edge intelligent customer experience platform….
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South Africa’s Payfast Rolls out Fresh Program to Equip Aspiring Entrepreneurs
PayFast, a South African internet payment gateway, has partnered with Heavy Chef’s entrepreneur education non-profit, the Heavy Chef Foundation, to…
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Paul Edwards, Former MTN CEO Receives Series A Funding for New Fintech Startup
Paul Edwards, the former CEO of MTN Group, has raised a series-A round of capital for his new fintech business…
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Sendy Collaborates With Google to Launch Google Hustle Academy for SME’s in Africa
Sendy, a Nairobi-based software firm that develops fulfillment solutions for e-commerce and consumer brands, has teamed up with Google to…
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Indicina Raises $3million in a Seed Round
Indicina, which is focused on developing API-driven credit infrastructure for Africa, raised $3 million in a Seed round to help…
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Rentoza, South African Rentals Marketplace Secures $1.3m Funding From Mineworkers Investment Company
Rentoza, a South African subscription-based online electronics and appliance retailer, has raised ZAR20 million (US$1.3 million) in capital from Khulisani…
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ShopEX Raises $635,000, as it Aims to be the QVC of Africa
LAGOS, 1 June 2022 — ShopEX, a multi-channel retail business based in Nigeria and exclusive distributors of some of the world’s most…
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