Payments processor Visa has joined the number of investors who have rushed to the field this year by launching a $100 million venture fund for start-ups using generative artificial intelligence. After chatbot ChatGPT’s success, a number of well-known companies, including Microsoft and Google, have backed the AI sector, which has been a hot topic in…
Microsoft and M-PESA Africa are working together to support the Capability Development Academy. The partnership aims to give Micro, Small and Medium SMEs (MSMEs) in many African markets access to the Microsoft Community Platform and SME Skilling Programs to foster capacity building and digitisation. M-PESA Africa will digitise skilling through the Microsoft Community and Training…
Google’s well-known email client, Gmail, has been receiving improvements and new features to improve usability. Now, Gmail may soon get a new emoji reaction function that will enable users to respond to emails with emojis on both iOS and Android. The capability that is already present in Microsoft Outlook is comparable to this one. A…
In order to address the lack of cybersecurity talent, Check Point® Software Technologies Ltd, a global provider of cybersecurity solutions, has teamed with the African NGO Cybersafe Foundation. Through a partnership with higher education institutions and non-profit organizations, Check Point’s SecureAcademy program, which offers free cutting-edge cyber educational content, will have its courses used as…
A special $75 million equity-free fund called the Hustle Academy SMB Fund is already accepting applications, according to a Google announcement today. This project exemplifies Google’s unwavering dedication to encouraging entrepreneurial dreams and advancing Small and Medium Businesses (SMBs) in Nigeria. The backbone of Nigeria’s economy is made up of small and medium-sized businesses, yet…
10 outstanding African firms are among the 24 companies that make up the remarkable 2023 summer batch of Techstars Toronto, a renowned accelerator program. This edition is intended to commemorate the accelerator’s 100th direct investment, marking a critical turning point in its history and highlighting the accelerator’s crucial contribution to the advancement of the digital…
The third edition of the Africa Tech Alliance Forum (AfriTECH 3.0) is scheduled to hold on the 8th of November 2023 at the Providence Hotel, Ikeja, Lagos, themed: “Technology-as-a-Service (TaaS) in Emerging Economy”. Similarly, voting has commenced for the Africa Tech Alliance Excellence (ATAEx) awards through the: https://vote.africatechallianceforum.africa/. Today, the boundary between hardware and software is blurring. Software is…
Google for Startups Growth Academy: AI for Health has today unveiled its 2023 cohort spotlighting innovative global startups set to reshape healthcare with AI-powered solutions. The 30 startups selected from across Europe, the Middle East, and Africa include Kenya’s Zuri Health and iZola Limited. The three-month program consists of virtual workshops, mentorship, networking events and…
23 Egyptian startups have completed the third cohort of the Startups Accelerator Program in Egypt, as announced by the United States Agency for International Development (USAID). The three-month program, run by Plug and Play Tech Centre in partnership with the Information Technology Industry Development Agency (ITIDA), the National Bank of Egypt (NBE), and Egypt Post,…
Twenty small and medium-sized firms (SMEs) in Kenya have benefited from more than $1 million in investments from the impact investing company Kua Ventures, which is based in Kenya. Founded in 2020, Kua Ventures initially helped SMEs withstand the economic collapse brought on by COVID-19 and the ensuing lockdowns by providing much-needed funding, coaching, and…
The well-known social networking site Reddit is launching a new contributor program that will enable users to exchange their Reddit gold and karma for actual cash. In addition to introducing a new, more straightforward method for awarding content on its platform with Reddit gold, Reddit made the announcement in a blog post. Each month, eligible…
The tales feature of Telegram was first made available to premium members in July before being made available to all users in August. Users may now add music and reaction stickers to the stories thanks to new enhancements the firm has made to the feature. In addition, users can instantly send and share media in…
The fourth iteration of the Migration Challenge, which seeks businesses reinventing standard migration processes, has been launched by Seedstars and the International Organization of Employers (IOE). For the fourth time, the program is looking for international tech startups, especially those close to Europe – Northern Africa, the Middle East, and Central and Eastern Europe –…
The 2023 edition of the the Nigeria Innovation Summit (NIS) has received the support and partnership of the critical stakeholders in the innovation ecosystem. Some of them include CoinEx; the Office for Nigeria Digital Innovation (ONDI); International Society for Professional Innovation Management (ISPIM); PwC; NITDA IT HUB (Nithub); VC4A; CcHub; African AI Foundation; Lagos State Employment Trust Funds (LSETF);…
According to McKinsey, the agriculture industry in Africa has a large social and economic impact. Sub-Saharan Africa has more than 60% of its land under small-scale farming, and the sector contributes around 23% of the region’s GDP. However, due to supply chain and infrastructure constraints, Africa finds it challenging to properly engage in global supply…
Following their selection as winners of AGRA’s Women Agripreneurs of the Year Awards, four women from Ghana, Kenya, Nigeria, and Senegal shared a grant financing prize pool of US$85,000 in total. AGRA, which was established in 2006, aims to spur agricultural change in Africa by putting smallholder farmers at the heart of the region’s expanding…
Google has announced the opening of an AI research facility as part of its initiatives to address the food problem in Africa. The statement was made earlier this week as Google joined the list of companies promising support for the Sustainable Development Goals (SDG) Digital project of the United Nations (UN). As part of its…
For the benefit of kids and teens in the Johannesburg township of Orange Farm, FBS, a top worldwide broker, and Education Africa, a renowned educational nonprofit organization, work together. This collaboration serves as an example of our shared dedication to the UN Sustainable Development Goal of ensuring all people have access to high-quality education and…
The twelve firms chosen for the second batch of the FAST Accelerator program have been revealed by Flapmax, a well-known data and AI technology company. This project, created in partnership with Microsoft, aims to strengthen and develop Africa’s digital ecosystem. These 12 firms will move on to a thorough 5-week acceleration program in Silicon Valley,…
Techeconomy, a leading digital media startup in Nigeria, has announced it will organise a special session at the forthcoming #StartupSouth8 in Port Harcourt, Rivers State, Nigeria on October 5-6, 2023. The eighth edition of #StartupSouth’s annual event has as its central theme: “Deep & Bold: 5IR, Emerging Realities, Regional Economic Imperatives & The Role of Innovation…
The second batch of 29 firms has been revealed by Investing in Innovation Africa (i3), a pan-African program for startups creating the future of healthcare supply chains. The goal of i3, which is supported by the Bill & Melinda Gates Foundation, Microsoft, Chemonics, Merck Sharp & Dohme (MSD), and Cencora (formerly AmerisourceBergen), is to make…
The surge in international demand has rallied the world’s largest tech and start-up event to scale even higher and bigger in 2023, spearheading a global tech takeover across two Dubai mega venues next month. The 43rd edition of GITEX GLOBAL will take place from 16-20 October 2023, the blockbuster tech showpiece once again reaching full capacity at the…
In the grand tapestry of human progress, few notable innovations have propelled the world forward as profoundly as digitalization. The convergence of technology, innovation, and information has subsequently disrupted the way we do things at almost all levels and in turn, birthed a new era where everything, more so the way we work and live is redefined daily. But even as we embrace…
LG Electronics, a leading consumer electronics company, is proud to announce its recent donation of essential products and health items to the Federal Medical Centre, Abuja. This initiative aims to support the hospital’s ongoing efforts to provide quality healthcare services to the community, especially during these challenging times. Recognizing the critical role that FMC Abuja…
The startup cryptocurrency Nestcoin from Nigeria has secured a $1.9 million investment round. Hashed Emergent led the financing round in collaboration with a global group of investors, including Adaverse, Base Ecosystem Fund, Alter Global, CMT Digital, Magic Fund, 4DX Ventures, and participating angels. Yele Bademosi, co-founder and CEO of Nestcoin, outlined the goal of his…
The third iteration of the Talent Hunt Research through Hackathon has begun as part of the Nigerian Communications Commission’s (NCC) efforts to put into practice its Strategic Vision Plan 2023–2025, which aims to promote the creation of new technologies and indigenous content through cutting-edge research. This project aims to promote Nigeria’s sustainable economic growth and…
180 teachers have started a six-month project-based STEM training program as part of a big initiative to strengthen STEM instruction in Enugu State public schools. This project, a joint effort between Teacher Aid Initiative (TAI) and the TY Danjuma Foundation, is focused on providing teachers with cutting-edge resources and instructional methods to increase the effect…
The Obuntu Foundation has announced the second class of its Africa-focused emerging venture investor fellowship. In order to stimulate creativity and economic progress in Africa, the Obuntu Foundation launched the Obuntu Launchpad Fellowship, which is co-designed and delivered by African and global professionals in venture capital. The Launchpad’s sessions are led by leaders from leading…
“We want Anambra to be known as a destination for innovation, the next Startup State, home for digital Talents, the home of the smart digital tribe” Ms Chinwe Okoli, the Special Adviser to the Governor of Anambra State on Innovation and Business Incubation addressed the global innovation ecosystem leaders at the 40th IASP World Conference…
Founded in 2019 by Ifeoma Uddoh, Shecluded is Africa’s first female-focused Fintech company that provides funding (debt and equity), asset-building tools, and financial education for African women. They are focused on bridging the inequality gap by providing equal opportunities and a level playing field for women to dream and become. They provide female entrepreneurs with…