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Thursday, May 30

18

Top Tips for Managing a Mobile Workforce

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The rise of remote work has transformed how businesses operate, leading to an increasing need for effective management of a mobile workforce. Companies must adapt to new technologies and strategies to keep their teams productive and…

LAfricaMobile raises $4.6m to bolster Cloud Communication in French-speaking Africa

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LAfricaMobile, has raised €4.3 million ($4.6 millions) for its series A to allow it to consolidate its financial position and accelerate its expansion in French-speaking Africa. Led by Janngo Capital, the funds will be used to develop the…

17

Showmax will live stream all 51 UEFA EURO games at no added cost

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Showmax, the pan-African streaming service, is set to raise the bar for football fans with the announcement of live streaming for all 51 UEFA EURO games at no additional cost. This ground-breaking initiative ensures that viewers can enjoy…

16

Cybersecurity Skills Shortage Is Biggest Risk to MSPs and Their Clients-Sophos

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Cybersecurity skills shortage is biggest risk to Managed Service Providers (MSPs) and their clients, according to a new report by Sophos dubbed the Sophos “MSP Perspectives 2024” survey report. Commissioned by Sophos and conducted by…

15

Morocco-based agritech YoLa Fresh secures $7 million to expand its logistics network

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Morocco-based agritech YoLa Fresh has secured a $7 million pre-Series A funding round, led by Al Mada Ventures with participation from Algebra Ventures, E3 Capital, Janngo Capital, and FMO, the Dutch entrepreneurial development Bank.…

14

LAfricaMobile raises $4.6m to accelerate its expansion in French-speaking Africa

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LAfricaMobile , a Cloud Communication and Mobile Marketing platform, has secured fundraising $4.6m (€4.3) millions for its series A to consolidate its financial position and accelerate its expansion in French-speaking Africa. This funding…

Patoranking and ALX Africa Unveil $500,000 Tech Scholarship Initiative

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Patoranking Foundation, a non-profit organisation run by artist Patoranking, has launched a $500,000 in partnership with ALX Africa to provide tech scholarships to 40 young tech-savvy Africans in data analytics, cloud computing and…

13

MENA’s iyris, formerly RedSea raises $16 million to help growers increase crop yields

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yris (formerly RedSea), the Riyadh, Abu Dhabi-based agritech firm helping growers globally increase crop yields, reduce input costs and risk, and extend growing seasons in some of the most difficult farming environments, has raised $16…

11

Orange and Amazon Collaborate to Bring Advanced Cloud Technologies to Customers in Africa

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Orange Middle East & Africa and Amazon Web Services have announced a partnership aimed to bring AWS Wavelength to Morocco and Senegal later this year enabling startups, enterprises, and public organizations to securely process and store…

Wednesday, May 29

14

UAE-based foodtech startup GrubTech raises $15 million to accelerate its expansion

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Grubtech, UAE-based foodtech startup GrubTech has raised $15 million as part of its Series B round, led by the VC arm of Jahez Group, with the participation of existing investors Addition and Oryx Fund, the MENA-dedicated fund of Hambro…

Flutterwave Receives Payment Aggregator License in Mozambique

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Flutterwave, has received its payment aggregator license from the Central Bank of Mozambique to offer its comprehensive payment services within Mozambique and strengthen its operations in southern African markets. Mozambique has a rapidly…

Egypt-based fintech Thndr expands into the UAE Market

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Egypt-based fintech Thndr has expanded its services to the UAE after acquiring a Category 3A license with retail endorsement from the Abu Dhabi Global Market (ADGM) Financial Services Regulatory Authority (FSRA). This expansion will allow…

13

Xbox Game Camp Returns to Africa for a Second Year

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Microsoft, through its Africa Transformation Office (ATO), has announced the return of Xbox Game Camp in Africa, aiming to enhance local developer talent and accelerate the growth of the continent’s gaming industry. This two-day online…

EIB Global Invests €25 million in Amethis Fund III to Invest in African Startups

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European Investment Bank (EIB Global) has invested €25 million into Amethis Fund III, a pan-African fund providing private equity growth capital to medium sized companies on the continent. Amethis Fund III will target companies supplying…

Exploration Company Secures Contract To Develop Low Earth Orbit Cargo Return Service

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The Exploration Company, a European commercial space company building and operating a reusable space capsule called ‘Nyx’, has secured a new contract from the European Space Agency to develop a Low Earth Orbit (LEO) Cargo Return Service.…

12

Revolution at Sea: How Lithium Marine Batteries Are Shaping the Future of Sustainable Boating

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The boating industry is in the grip of a significant revolution which is brought about by the improvements in battery technology. Lithium marine batteries that were invented by the leading lithium ion battery company are the present-day…

11

YouTube Launches Playables, Over 75 Games Now Available Directly on the Platform

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YouTube has rolled out a new feature, Playables, allowing users to play games directly on the platform. This feature, initially available to a limited number of users in select markets over the past few months, is now being expanded. More…

10

World Bank-Kenya Partnership Avails Sh321.3 Million to Support Entrepreneur Support Organisations that Mentor SMEs

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The Kenya Industry and Entrepreneurship Program (KIEP) has today unveiled 13 ecosystem intermediaries selected from a pool of 364 applicants to be trained and funded to enhance their Small and Medium Enterprises (SMEs) training…

Tuesday, May 28

15

Meta’s AI Chief Yann LeCun: ChatGPT-like Models Will Never Match Human Reasoning

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LeCun pointed out that current LLMs have a limited understanding of logic and cannot comprehend the physical world, maintain persistent memory, reason effectively, or plan hierarchically

14

Primetime Token Takes New Initiatives to Reshape the Future of Smart Trading in the Cryptocurrency World.

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Primetime token, a well established platform in the ever evolving crypto sphere, leads the future of smart trading. The holistic approach seamlessly merges the vibrant world of meme culture with state-of-the-art AI trading which makes the…

9 early-stage startups selected to benefit from the Spark Accelerator Program

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Safaricom in partnership with M-PESA Africa and Sumitomo Corporation has shortlisted nine startups to benefit from the Spark Accelerator Program, a platform for bold and visionary founders to grow and scale their businesses. By providing a…

13

SA’s Payment24 partners with Mastercard to boost EMV adoption in EEMEA’s fleet sector

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South Africa’s Payment24, a payments platform provider specialising in payment and loyalty solutions, has partnered with Mastercard to bolster security and drive innovation within the fleet and fuel payment industry in the Middle East and…

Thiqa Finance, Paymenow partner for quick salary advance services to Uganda’s civil servants

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Thiqa Digital Finance (Thiqa), an Islamic finance platform has partnered with Paymenow, a salary advance platform to allow Uganda’s civil servants early and responsible access to their already earned wages, completely secure and interest…

12

Promoting Digital Connectivity: U.S., Kenya, and Tech Giants Drive Transformative Initiatives Across Africa

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The United States, Kenya, and leading technology companies have announced a series of transformative initiatives aimed at bridging the digital divide and fostering digital transformation throughout the continent, in a significant move to…

United States, Kenya, and Tech Giants Join Forces to Enhance Cybersecurity in Kenya

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In a landmark move to bolster Kenya’s digital security landscape, the United States, Kenya, and global technology leaders Google, Microsoft, and Cisco have announced a series of collaborative initiatives aimed at strengthening the…

11

Numa partners with Mamun to give freelancers access to finance in the Mena region

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Mamun, a crowd-financing platform providing embedded financial services and wealth-building solutions, has partnered with Numa, a technology company providing professional banking solutions for freelancers, creators, and self-employed…

Monday, May 27

22

New Technology by Conservationists Revolutionizing Wildlife Protection in Kenya

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In a new episode of Inside Africa, CNN highlights groundbreaking tech EarthRanger, one of the first technologies that has been built specifically by conservationists and ecologists to protect threatened wildlife in Kenya. Kenya’s landscape…

21

9 African Startups Accepted into MassChallenge Switzerland 2024 Acceleration Program

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MassChallenge Switzerland, part of MassChallenge’s global network of innovators, has announced the 103 early-stage startups invited to join the 2024 acceleration program, 9 of them from Africa. The selected startups represent the top 8% of…

16

E-commerce, Copia Global Enters into Administration

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Copia Global, a Business to Consumer (B2C) e-commerce platform and the parent company of Copia Kenya, has entered into administration. This comes days after the company had announced it would shut down. In Kenya, administration proceedings…

13

Semiconductor Technologies Limited Receives $1.3 Million for Expansion

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Semiconductor Technologies Limited’s has received a significant boost as the U.S. Trade and Development Agency (USTDA) commits $1.3 million to support the company’s expansion of its legacy semiconductor chip fabrication at a commercial…