MEST Africa Challenge 2022 top 5 finalists announced
MEST Africa has announced the five African tech startups that have made it to the grand finale of the 2022 Africa Challenge pitch competition.
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Climate tech VC firm Satgana to make African investments after first close of fund
Climate tech VC firm Satgana has announced the first closing of its fund, with a EUR30 million (US$29 million) target size, and plans investments in Africa and Europe.
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TLcom announces 4th Africa Tech Female Founder Summit
Africa-focused VC firm TLcom Capital has announced its fourth Africa Tech Female Founder Summit will take place in Nairobi, Kenya in November, with Meg Whitman, US Ambassador to Kenya and former CEO of eBay and Hewlett-Packard, co...
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Second Edition of Africa HealthTech Challenge
The second Africa HealthTech Challenge has been announced by the HealthTech Hub Africa, which was established by the Novartis Foundation at the Norrsken House in Kigali.
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Kloud Commerce shuts down allegedly due to the founder’s mismanagement
Kloud commerce, a Nigerian startup, has shut down its operation after it was reported that the founder Olumide Olusanya had mismanaged and misused the company’s funds. Key
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Glovo Expands Fulfillment Service By Opening its Third Micro Centre in Kenya
Ecommerce is big in Kenya, and many firms are trying to be appealing to their customers to maintain or grow their market share. It has not been an easy journey for these companies, but some of them have gone out of their way to la...
GadgetsNews
Elon Musk mentions that Tesla’s Cybertruck will have the capability to function temporarily as a boat for crossing rivers and lakes
Elon Musk announces that Tesla's Cybertruck will have the ability to briefly function as a boat, allowing it to cross rivers, lakes, and calm seas. Despite the delayed production timeline, Musk highlights the unique capabilities o...
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Flutterwave CEO addresses alleged misconducts
The fact that the allegations of financial impropriety, conflict of interest, and sexual harassment have been proved false or have already been reported, investigated, and addressed by management matters less to me than the realit...
Funding & AcquisitionsNews
WIC Capital secures $1.6M Investment Fund for Female Entrepreneurs based in Francophone Africa
In Senegal, women’s access to capital is extremely limited, and they are frequently limited to traditional financial institutions such as banks and microfinance companies. According to statistics, 43.9 percent of Senegalese wome...
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Kenya’s first sign language interpreters’ application launched
assistALL app will revolutionize how the deaf participate in the social economic development in Kenya and beyond,
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Google launches first product development center in Nairobi
Google joins the growing list of tech giants setting up innovations hub in Nairobi. Two weeks ago and shortly after Microsoft launched a research and development centre in Lagos and Nairobi, Visa announced that it had set up its f...
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Nigeria’s Gamic is offering Africans the opportunity to make money from playing games.
Africa has an untapped market for Blockchain and NFT gaming for everyone. Most aspiring players face the challenge of the high cost of buying a starter NFT when they start their Play-to-earn journey.
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Oracle opens its first African data center in Johannesburg
Oracle, the world’s largest database management firm, launched its first cloud region (a cluster of data centers) in Africa last week, joining other global giants such as Microsoft and Amazon that already operate data centers on...
