Hannes Wessels has been named as Binance’s Country Head for South Africa. Binance is one of the top global providers of blockchain and cryptocurrency infrastructure. The company claims that the new hire will advance its goals of expanding its business operations in the area. According to Finder, South Africa’s adoption rate for cryptocurrencies and the…
Victoria, Seychelles — KuCoin Labs, the investment and incubation arm of the KuCoin ecosystem, has officially announced its proceeding incubation programme with Univers Network, a metaverse infrastructure project designed to empower communities and revolutionize Web-3. As an independent metaverse project designing infrastructure tools to enable interoperability across virtual worlds, Univers Network has over 50+ developers…
For more than half a decade, Olayinka Oladele has been a prominent figure in the technological space playing a pivotal role in shaping the landscape of Micro Frontends, a transformative approach that has significantly shaped the methodologies employed in the design and development of web applications. This spotlight article aims to underscore Olayinka Oladele’s substantial…
In the course of my journey in software development and management, I have had the opportunity to manage large scale enterprise application using different cloud infrastructure technologies (Microsoft Azure cloud service, Amazon Web Services (AWS)). Amongst the many available, I had first-hand experience working with Microsoft Azure Service, which I will refer to as Azure for…
In order to provide its services for the BOSs of GrubTech’s clients, Geidea, an e-payments and finance platform, has inked an agreement with GrubTech, the UAE’s cloud kitchens and restaurant IT solutions supplier. The partnership will provide new benefits and added value for GrubTech’s customers in the Egyptian market, the company claims. In the presence…
The Chat for Impact Accelerator, which provides social change organizations with access to US$500,000 in financing and extra support to increase their impact on WhatsApp, is now accepting applications. Global social change-oriented businesses are asked to submit an application for the accelerator’s 2022 iteration, which will offer funding, mentoring, and support for the development of…
On Thursday, LinkedIn unveiled new capabilities that would make it simpler for creators to produce and share interesting visual content on the site. The Microsoft-owned social network’s most recent update now allows users to immediately add a clickable link to photographs and videos. Users of LinkedIn will now have access to new text post templates…
In order to expand operations and enter new markets, Kenya’s Elloe, a conversational e-commerce business, purchased rival Flo by Saada for an unknown fee. Owen Sakawa founded Elloe, a revolutionary conversational commerce platform driven by AI that enables SMEs to conduct online transactions on any messaging network. The company has acquired Flo by Saada, whose…
To help artists get the much-needed income from their work in the Metaverse, Swiss venture capital firm CV VC has invested an undisclosed amount in South African metaverse startup SodaWorld. The SodaWorld platform, Sodaworld.tv, is a portal modeled after Twitch and Netflix that enables artists to interact with online viewers. The Venice Biennale, an annual…
To bring Web3 to a wider audience, which is still in its infancy, good dApps and projects are required. Polygon firmly believes in giving developers the platform and resources they need to create the future. The invitation to that future is the BUIDL IT hackathon. Polygon BUIDL IT is a premier virtual web3 hackathon put…
In accordance with the National Payment System (NPS) Act, 2011, NPS Regulations 2014, Virtual Pay International Limited, a Pan-African, omni-channel payment service provider, has been authorized to perform payment gateway services as a Payment Service Provider (PSP). With the aid of this license, Virtual Pay is able to provide local and international merchants with its…
Samsung Nigeria announced the next generation of groundbreaking foldable smartphones: Galaxy Z Flip4 and Galaxy Z Fold4. Both devices feature customizable form factors, tailored experiences, and upgraded performance. Now in its fourth generation, Galaxy Z series continues to break from convention to deliver new, impactful interactions that enhance everyday life. “Samsung Galaxy foldables are built on…
Nigerian fintech firm TeamApt recently secured more than $50 million in funding to increase the range of loan products it offers. TechCrunch reports that TeamApt is not giving this round a “letter.” The company is still reportedly trying to raise a Series C in 2023, thus it might be considered a pre-Series C round. Novastar…
DataProphet, a South African startup that utilizes artificial intelligence (AI) to help manufacturers automate their processes, has finished raising its US$10 million Series A round to speed up its international expansion. When Frans Cronje and Daniel Schwartzkopff, two friends from the University of Cape Town, decided to use their expertise in artificial intelligence to launch…
Zeepay, a challenger mobile money provider that specializes in cross-border payments, has announced financing of USD 10 million. The medium-term debt offering, which is a part of its A.5 series, would aid Zeepay in its effort to grow its rapidly expanding remittance to wallet business. Symbiotics BV spearheaded the financing with USD 9 million, while…
One of the top six Higher Education players globally, according to a new analysis on the global tertiary e-textbook and multimedia industry, is edtech business Snapplify. The pandemic and, more broadly, the pressure on institutions to adopt digital tools and get ready for the Fourth Industrial Revolution have both contributed to Snapplify’s significant growth in…
Most offices operate their days from 9:00 AM to5:00 PM which only lasts during the daytime and because the cost of running a shift by servicing the office at night with an equal number of staff if need be might be cost-intensive, most organizations suffice to the normal routine of running an office by the…
Before expanding across the continent, the Ugandan firm Tripesa is focusing on finding the right product-market fit. Tripesa was once known as RoundBob, an online travel marketplace that had to shut down as a result of COVID-19, which paralyzed the travel and tourism sector. However, Tripesa, which is developing infrastructure and logistics to support businesses…
As it attempts to finance share buybacks and investments to reform its business, Meta Platforms Inc., the parent company of Facebook, announced on Tuesday that it has raised $10 billion in its first-ever bond issue. The selling would assist Meta, the only major technology company without debt, in creating a more conventional balance sheet and…
The 25 businesses that will participate in Grindstone’s year-long program, which helps high-growth, innovation-driven tech start-ups become more investable, sustainable, and exit-ready, have been announced. Grindstone is situated in Cape Town. The program has two cohorts, one located in Cape Town and the other in Johannesburg, and it gives companies access to knowledge, networks, money,…
Among the 20 winners of the Migration Entrepreneurship Prize 2022 this year are firms from Nigeria, Ghana, Ethiopia, and Tunisia. The prize is awarded to socially-driven startups whose goal is to improve migrants’ inclusion in the Middle East and Africa. The Migration Entrepreneurship Prize, a public-private collaboration between Seedstars and the Peace and Human Rights…
This year, the 5th edition of the Connected Africa Girls Coding Camp was launched by ECA in collaboration with the government of The Republic of Namibia, UN Namibia, UN WOMEN, and the International Telecommunications Union (ITU). 100 participants from Namibia will physically attend this hybrid boot camp for young African women and girls between the…
Cote d’Ivoire and Togo are two new adjacent nations that the Nigerian solar-powered internet service provider Tizeti has stated it plans to operate in addition to expanding its operations within Ghana and Nigeria. Additionally, the corporation is thinking of listing its Nigerian subsidiary. The company is investigating an Initial Public Offer (IPO) in the stock…
The African Women Impact Fund (AWIF), a partnership between Standard Bank and the United Nations Economic Commission for Africa, has been awarded funding by Visa as of today (UNECA). The award will be used to meet the working capital requirements of 55 women who responded to AWIF’s call to action and have been a part…
The inclusion of coding as a subject in Kenya’s elementary and secondary school curricula was announced by the country’s president, Uhuru Kenyatta, last Friday at the State House in Nairobi. With this new breakthrough, Kenya becomes the first nation in Africa to permit the study of coding in the two early schools. At the event,…
New privacy capabilities for WhatsApp have been revealed, giving users “greater control over their chats and increased levels of safety when texting,” according to the company. The three new privacy features include the ability to leave group chats privately, the ability to choose who may see you when you’re online, and the ability to stop…
According to reports, the final stop of Google’s Equiano Subsea Cable, which aims to build a sea link between Europe and Africa, was Melkbosstrand in the Western Cape of South Africa on Monday. Initially, it was stated that the cable will arrive in South Africa by June 2022. The Equiano cable’s $14 billion voyage, which…
The top 50 finalists for the 2022 edition of Africa’s Business Heroes (ABH), a flagship philanthropic initiative launched by the Jack Ma Foundation to highlight and promote African businesses. The goal of Africa’s Business Heroes prize competition is to encourage and assist the next generation of African business leaders across all industries who are creating…
Zeepay, a Ghanaian mobile financial services firm that specializes in offering integrated mobile payment services, has raised $10 million, with Symbiotics BV leading the way with USD 9 million and a Mauritius-based fund investing USD 1 million, for a total of USD 10 million. The A.5 series medium term debt issuance is intended to help…
Dolos, a cybersecurity expert located in South Africa (formerly Panda Security Africa), has opened offices in Africa and the Middle East to provide cyber security solutions to its partners there. With a customizable program, a strong and broad product portfolio, and an ecosystem of technological integrations, Dolos offers MSPs and MSSPs a unique value proposition…