Wasoko and MaxAB Complete Africa’s Largest Tech Merger Ever
Wasoko and MaxAB have completed a historic $230 million deal representing Africa's largest tech merger ever. The new merger links over 450,000 B2B informal retailers under a new umbrella, with a 65-million consumer base across Kenya, Tanzania, Rwanda, Egypt, and Morocco.
Beijing Hosts China-Africa Media Exchange Event
Beijing hosted a China-Africa media exchange event on Saturday. Over 200 participants from China and Africa attended the event, including government representatives from either side.
Rwanda EV Startup Ampersand Raises $2 Million in Series A Extension
Rwandan electric motorcycle manufacturer recently raised a $2 million Series A extension to grow its reach in East Africa. The latest funding brings the company's total funding to $21.5 million.
DigiMarCon Africa 2024 Returns to Cape Town in October
DigiMarCon, a digital, marketing, media, and advertising conference, is set to be held in Cape Town, South Africa, from October 16-17, 2024.
DRC Launches First Tier III Certified Data Center
The first phase of DRC's first Tier III Data Center, OADC Texaf Digital, will benefit multiple sectors of the DRC economy amid accelerated digitalization.
TikTok Sacks Staff Across Africa, Amid Global Workforce Reduction
TikTok lays off staff across Africa amid global workforce reduction. Further massive layoffs are expected from the social media platform in the third quarter.
Sistema.bio Expands Biodigester Technology Across Africa, Boosting Sustainable Energy and Agriculture
Discover how Sistema.bio is revolutionizing energy and agriculture in Africa with innovative biodigester technology. Learn about their partnerships, projects, and impact across the continent. Sistema.bio, Africa’s premier biodigester company, is making remarkable strides in transforming energy solutions across West and Southern Africa. With a mission focused on tackling energy issues,
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.
Innovate Africa Fund Launches with $2.5M to Support Early-Stage Startups
The Innovate Africa Fund has launched with an initial $2.5 million to provide crucial support for up to 20 early-stage startups in its first year. This sector-agnostic fund aims to address complex problems such as insecurity, unemployment, and poverty through purpose-driven technology. Importance of the Fund Since 2019, the African
UNDP to Raise $1 Billion to Plant Startup Hubs Across Africa
The United Nations Development Programme (UNDP) is spearheading a groundbreaking initiative to bolster the tech startup ecosystem across Africa. In collaboration with several African governments and key private sector players, the UNDP plans to raise $1 billion to establish a series of technology hubs designed to foster innovation and support