IFC Funds Algebra Ventures With $15m to Propel Egypt’s Startup Ecosystem
IFC, a World Bank Group member, will invest $15 million in Algebra Ventures’ second fund, which will support the growth…
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Kenyan Startup Neural Labs is using AI-powered imaging to facilitate real-time diagnosis
Neural Labs, a Kenyan startup, uses AI-enabled medical imaging to aid in the real-time diagnosis of various respiratory, heart, and…
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Cape Town-based Injini unveils ed-tech think tank to empower entrepreneurs
Injini, a Cape Town-based ed-tech non-profit, is launching a think tank to provide market research to entrepreneurs in the space…
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Egyptian electric mobility startup Shift EV completes Series A funding
Shift EV, an Egyptian electric mobility startup, has raised an undisclosed Series A funding round to help it onboard more…
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WIC Capital completes $1.6M Investment Fund to support female entrepreneurs in Senegal
The “Women’s Investment Club” (WIC) Senegal and Ecobank have signed a collaboration contract worth one billion CFA francs (USD1,600,000) to…
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Jand2Gidi Announces New Technologies to Promote More Seamless Deliveries Worldwide
Mrs. Ujama Akpata and Mrs. Kikelomo Fola-Ogunniya, founders of Jand2Gidi, held a media conference on Wednesday, April 13th. Ms. Nancy…
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SA University Will Start Issuing Certificates with Blockchain Security Features to Combat Fraud
According to reports, the University of Johannesburg (UJ) intends to begin issuing degrees and certificates with blockchain security features to…
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Google’s first product development centre in Africa is hiring engineers
Google has announced the opening of its first product development center in Africa, which will be located in Nairobi. The…
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Fintech Startup Leatherback Completes $10m Pre-seed Funding For Expansion
Leatherback, a cross-border payments network based in the United Kingdom, has received a $10 million Pre-Seed fundraising round from Zedcrest…
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FibreOne Records 300% Growth of its High-Speed Internet User Base
FibreOne Broadband, Nigeria’s broadband and fiber-to-the-home provider, reports a nearly 300 percent increase in customer base. Residential customers increased by…
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ETAP Completes $1.5m Pre-Seed Funding to Enhance Car Insurance Usage in Africa
ETAP, an insurtech startup that makes it easier to buy and claim insurance, has raised $1.5 million in pre-seed funding…
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Egyptian E-health Startup Rology Secures Pre-Series A Funding Round
Rology, an on-demand teleradiology platform based in Egypt, has closed a pre-Series A round of funding to help it expand…
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Nigeria’s Transfy Experiences Strong Early Adoption of Payments Infrastructure, Plans Continental Expansion
Transfy, a Nigerian fintech startup, has seen strong early adoption of its payment infrastructure, processing $15 million in its first…
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African Fintech Company, Kudi, Rebrands to Nomba
Kudi, an African payment network, has rebranded as Nomba. This was announced in a press release as part of the…
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Algebra Ventures, based in Egypt, has received a $15 million IFC commitment.
Algebra Ventures, an Egyptian venture capital firm, has received a US$15 million commitment from the International Finance Cooperation (IFC), a…
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TeamApt of Nigeria relaunches its Moniepoint product as a business bank
TeamApt, a Nigerian fintech startup, is relaunching its Moniepoint product as a business bank in order to provide a broader…
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Venture capital plays a “catalytic role” in innovation, but can investors get involved?
Venture capital plays a “catalytic role” in innovation and fills a critical gap in the global financial and business landscape,…
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Sophos Unveils Powerful Cloud Workload Protection Advancements with New Linux and Container Security Offerings
OXFORD, U.K. – April 14, 2022 – Sophos, a global leader in next-generation cybersecurity, todayunveiled advancements to Sophos Cloud Workload Protection,…
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Ghana’s PAL Announces Proprietary Payment Processing Platform
Founded in January 2020 by Dady Maël and Kader Saka, PAL creates its own payment infrastructure for cash-in and cash-out to…
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Apply: e-Track Programme by UCT GSB Solution Space, ayoba
The last e-Track Programme concluded earlier this month with seven of the graduating startups pitching their businesses to an audience…
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Kenyan AI-Driven Conversational E-commerce Startup Elloe Raises $1m Pre-Seed Round
Elloe is a first-of-its-kind AI-powered conversational commerce platform that allows SMEs to buy and sell products online across any messaging…
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Improving Service Experience to Increase Customer Satisfaction
Customer satisfaction should be a business aim as it is vital to success for all brands. Customer satisfaction can be improved…
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The Ultimate Guide for Leveraging Blockchain Technology in Your Business
The most well-known use of blockchain is to facilitate the emergence of digital currency. But did you realize that this…
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WhatsApp Expands File Limit, Brings More People Into Group Video Chat Call
WhatsApp has finally caught up to the competition and increased the file limit. Large files of up to 2GB can…
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Elon Musk Offers $43 Billion to Buy 100% of Twitter
According to filings filed with the SEC, Elon Musk, who recently purchased a 9.2 percent stake in Twitter, has made…
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Huawei to Empower 100,000 People Across Sub-Saharan Africa With New Programme
At Huawei’s ICT Competition Awards Ceremony on April 9, 2022, the company announced the commencement of its LEAP digital skills…
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Gaviti Completes $9 Million in a Series A Funding Round
Gaviti, an automated service that helps businesses collect and manage customer bills, has closed a $9 million Series A fundraising…
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Egyptian Startup Pylon Receives $19M to Enhance Software for Water and Electricity Distribution
Pylon, an Egyptian infrastructure management business for emerging market water and energy utilities, has raised a $19 million seed round…
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MTN Nigeria Obtains CBN’s Approval to Operate Mobile Money Bank (MoMo)
The Central Bank of Nigeria granted MTN the permission to operate Mobile Money (MoMo). Since its inception in 2019, MTN…
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How Fleet Managers Can Keep Their Trucks and Cargo Safe on SA Roads
Truck hijackings in South Africa continue to affect the country’s economy. These crimes have been on the rise for some…
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