TurnStay Secures $300K to Revolutionize African Travel Payments
Discover how TurnStay, a South African fintech, raised $300,000 from Silicon Valley and New York investors to transform payment solutions in African travel and tourism. Learn how their innovative approach reduces transaction costs and enhances booking experiences TurnStay.com, a South African fintech focused on travel, has successfully raised $300,000 (approximately
World PR Day 2024 Highlights Future of Public Relations in Digital Era
Today, on July 16th, we celebrate World PR Day, focusing on “The Future of Public Relations in a Changing World”. This theme underscores the evolving role of public relations (PR) in a dynamic landscape where reputation is paramount. The global PR market is valued at approximately $106.93 billion (R1.92 trillion),
Samsung and Apple Drive Surge in Global Smartphone Shipments
In the June quarter, Apple's iPhone shipments stabilize amid a 6.5% growth in global smartphone shipments. Discounts during China’s 618 shopping festival drive market interest, with Xiaomi and Huawei making significant gains. Recent independent research indicates that Apple's iPhone shipments steadied during the June quarter, coinciding with accelerated growth in
Start-up Funding in Africa: H1 2024 Insights and Analysis
The first half of 2024 has seen significant activity in the African start-up ecosystem, despite a notable decrease in total transaction value compared to previous periods. As the global economic landscape continues to evolve, Africa’s start-up scene remains vibrant, presenting both challenges and opportunities for entrepreneurs and investors alike. Total
Challenges and Opportunities in E-commerce in Africa: A Deep Dive into the Digital Frontier
The e-commerce landscape in Africa is a dynamic and rapidly evolving arena, presenting both formidable challenges and unprecedented opportunities. As the continent embraces digital transformation, small businesses are leveraging readily available technologies like WordPress, social media, Mobile money and WhatsApp to not only survive but thrive in this burgeoning market.
AWS Announces $230 Million Commitment for Generative AI Startups
Amazon Web Services, Inc. (AWS), a subsidiary of Amazon.com, Inc. (NASDAQ: AMZN), has unveiled a significant $230 million commitment to support startups globally in the development of generative AI applications. This initiative aims to provide early-stage companies with AWS credits, mentorship, and education to enhance their use of artificial intelligence
Afrilabs Publishes Two Groundbreaking Ai Reports Funded By The Gates Foundation
AfriLabs, the largest pan-African network of technology and innovation hubs, is thrilled to announce the release of two pivotal studies on Artificial Intelligence (AI) in Africa. Funded by the Bill and Melinda Gates Foundation (BMGF), these studies offer unprecedented insights into the AI startup ecosystem and the ethical implications of
Ten African Startups Selected to Receive Funding to Develop Blue and Green Economy Solutions
BFA Global, FSD Africa, and the International Union for Conservation of Nature (IUCN) are thrilled to announce the selection of ten innovative, future-looking startups as part of the Africa Blue Wave and Regen Wave initiatives. Each startup is set to receive $55,000 in funding, to advance their solutions for the
Dentsu’s Carat Wins Pernod Ricard’s €100m EMEA Media Planning and Buying Account
Dentsu’s Carat has been awarded the prestigious €100m EMEA media planning and buying account for Pernod Ricard, one of the world’s leading beverage companies. This significant appointment was confirmed on June 7, 2024, and marks a new chapter in Pernod Ricard’s media strategy across Europe, the Middle East, and Africa.