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Small flies make big moves in Cape Town, South Africa: a sustainable economy is possible with Black Soldier Fly farms

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By Dean Smorenburg, CEO at Maltento Small changes can create significant differences in the most surprising of ways. In an infinitely chaotic world, filled with seemingly infinite variables, implementing large and lasting changes to our…

Monday, May 6

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Northern Nigerian women empowered through government’s rollout of AI learning videos in Hausa for beginners

These initiatives tackle the obstacles to accessing tech education and careers while highlighting the crucial role AI skills play in fostering innovation and prosperity. They establish the groundwork for a flourishing tech hub,…

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iProcure, Kenyan Agritech Firm, Enters Administration Amid Financial Woes

iProcure, the Kenyan agritech startup backed by Safaricom’s Spark Fund, is currently under administration after being unable to settle undisclosed debts. KPMG’s advisory division has been appointed as the administrator, tasked with…

Chowdeck Secures $2.5 Million in Seed Investment for Nigerian Startup

Nigerian startup Chowdeck, specializing in on-demand delivery services, has successfully raised $2.5 million in seed funding. Nigerian startup Chowdeck, specializing in on-demand delivery services, has successfully secured $2.5 million in…

Kenyan Innovators Selected for Google’s AI Growth Initiative

The two Kenyan organizations are the only representatives from Africa that will gain access to over $20 million in funding for their projects. Google.org the philanthropic division of Google, has selected Kenya’s Jacaranda Health and EIDU…

Saturday, May 4

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African Tech Powerhouse Bluechip Technologies Expands to Uganda

A leading African technology company, Bluechip Technologies, has set its sights on Uganda, officially launching operations in the country. Specializing in data management and analytics solutions, the Lagos-based firm aims to tap into…

Thursday, May 2

11

Blockchain Revolutionizes Monitoring of Africa’s Boda Boda Taxis

Nodle’s blockchain technology will facilitate the real-time tracking of motorcycle taxis in East Africa, with funding provided by Watu. Boda bodas are an integral part of everyday life in East Africa, particularly in vibrant cities such as…

Celebrating informed healthcare choices in South Africa: our agency must never be overlooked

By Adele Kazilsky, CEO of FutureGen Labs Despite the popularity of both religious and non-religious public holidays, they do not last forever. They, like all else in this world, are vulnerable to disorder and the randomness of systems…

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Starlink Services Now Available for Purchase on Jumia Kenya

Jumia has revealed that Starlink’s high-speed, low-latency satellite internet kits are now available on its platform in Kenya. This marks a new phase in the ongoing strategic alliance that was first introduced in Nigeria. While Starlink…

VALR Seeks Cryptocurrency Licenses in Dubai and Mauritius

VALR, South Africa’s premier cryptocurrency exchange by transaction volume, has submitted applications for cryptocurrency operating licenses in both Dubai and Mauritius. Since September 2022, the exchange has also secured authorization to…

Wednesday, May 1

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Africa Tech Summit London Seeks African Tech Ventures for Investment Opportunities

The eighth annual Africa Tech Summit (ATS) London is set to take place at the London Stock Exchange on June 7, 2024. This prominent event has historically sold out and draws more than 300 tech leaders, policymakers, investors, and…

Tuesday, Apr 30

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Nigerian Fintech Companies Face Account Opening Restrictions Amid Fraud Crackdown

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The Central Bank of Nigeria (CBN) has reportedly directed fintech firms like Moniepoint, OPay, Kuda Bank, and Palmpay to restrict new account openings. This move comes after the recent freezing of 1,146 bank accounts linked to unauthorized…

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Winterveldt High School Embraces Technological Advancements in Learning

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Speaker of Council, Cllr. Mncedi Ndzwanana, has collaborated with the Telkom Foundation, Tshwane North College (TNC), CoGTA, and Eskom to equip the students of Winterveldt High School with vital resources. The school was provided with 31…

Eastern Cape Educational Institutions Integrate Coding and Robotics into Curriculum

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The platform for launching careers in Science and Technology acts as an additional approach to motivate students to engage with STEM subjects and consider careers in the STEM sector. At present, young students are developing abilities in…

Wasoko Continues Expansion in East Africa, Refutes Claims of Exiting Rwanda

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Wasoko, the Kenyan e-commerce firm supported by investors like Tiger Global and 4DX Ventures, has denied reports that it has shut down its operations in Rwanda, just weeks after halting activities in Zanzibar and pausing operations in…

OPay’s Market Value Approaches $3 Billion Amid Rising Digital Payment Use in Nigeria

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Opera initially valued its stake at $269 million in December 2023 but revised it in subsequent filings due to a smaller financing transaction. OPay experienced significant growth over the past year, partly driven by a currency redesign…

Cameroon Confiscates Starlink Equipment as Service Shutdown Looms

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Cameroon has been seizing Starlink kits at its borders due to the Internet service provider lacking a license in the country. Starlink plans to discontinue service in regions where it isn’t licensed, including Cameroon, on April 30.…

Ethiopian Startup Kubik Secures $1.9 Million in Seed Funding to Expand Operations

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Kubik, an innovative Ethiopian startup that transforms plastic waste into affordable, eco-friendly building materials, has secured $1.9 million in a seed extension funding round. The investment was contributed by African Renaissance…

Saturday, Apr 27

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Nigeria Launches First Multilingual AI Language Model, Accelerates National AI Strategy

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In a significant stride towards establishing Nigeria’s leadership in Artificial Intelligence (AI) development across Africa, the Federal Government, through the Ministry of Communications, Innovation and Digital Economy, has unveiled the…

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Bayobab Expands Digital Infrastructure Footprint with Fiber Asset Acquisition

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Bayobab, the digital infrastructure company formerly known as MTN GlobalConnect, has made a significant stride in its strategic growth plans with the completion of its structural separation from parent company MTN Group. This milestone…

Llama 3: Meta’s New AI Assistant Expands to Africa

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In a move to enhance social connections and enrich digital experiences, Meta, the parent company of Facebook, WhatsApp, and Instagram, has introduced Llama 3, a new AI assistant designed to engage in conversations, make suggestions, and…

Friday, Apr 26

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South African AI Startup Spatialedge Raises $3.1 Million in Recent Funding Round

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Spatialedge, a startup based in South Africa specializing in data and applied AI solutions, has successfully raised ZAR60 million (approximately US$3.1 million) to advance its mission of transforming the retail industry. Established in…

Pula Secures $20 Million in Series B Financing to Aid African Farmers

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Pula, an agricultural insurance and technology startup, has successfully completed a $20 million Series B financing round. This capital will be used to offer insurance coverage to numerous smallholder farmers in developing nations, who…

Binance and Yellow Card Not Included in South Africa’s Official List of Authorized Cryptocurrency Companies

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After two years of foundational efforts, the Financial Sector Conduct Authority (FSCA) has approved 75 crypto asset service providers (CASPs) from a pool of 374 applicants. The list, which was announced this Monday, includes prominent…

Anchor, a Fintech Platform from Nigeria, Unveils ‘On Deck’ Initiative to Train Africans in Financial Technology

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As Nigeria progresses in its mission to make financial services more accessible, efficient, and cohesive, traditional financial institutions are introducing digital options and the number of fintech companies is increasing. Currently,…

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Leading African Fintech Firm Prepares for Initial Public Offering

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Flutterwave, Africa’s top-valued startup and a leader in digital payments based in Nigeria, has updated its corporate team in preparation for a forthcoming initial public offering, according to the company’s CEO. Speaking at Semafor’s…

Kenyan Legislators Approve Landmark Free Trade Agreement with European Union

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Kenyan legislators have ratified a preferential trade agreement with the European Union (EU), resolving a longstanding issue with fellow East African Community (EAC) members who declined a collective agreement in 2016. The Economic…

Thursday, Apr 25

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Uber and Lagos State Resolve Dispute Over Sharing of Real-Time Data After a Month-long Standoff

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Although a resolution on data-sharing has averted a disruption of service, dissatisfaction among drivers remains widespread. Many are urging Uber to reduce its 25% commission, while others highlight the growing challenges of driving, such…

NBA Initiates Program to Support Emerging African Startups

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In support of President Biden’s Digital Transformation with Africa Initiative and building on the U.S. Department of Commerce-wide Africa strategy, NBA Africa today announced the launch of “Triple-Double: NBA Africa Startup Accelerator,” a…

Zambian Tech Minister Advocates for Pan-African Cooperation

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Felix Mutati, Zambia’s Minister of Technology and Science, asserts that Africa is emerging as the new world, presenting numerous opportunities across the continent. At the 2024 Connected Africa Summit, Kenya’s President William Ruto…