fb pixel

Latest Post

Editor's pick

automobiles

Tanzanian startup Sumet Technologies raises $1.5 million to optimise FMCG distribution across Africa

Sumet Technologies, a Tanzanian startup focused on distributing fast-moving consumer goods (FMCG), revealed on Friday that it has obtained $1.5 million in pre-seed capital. With this investment, the company reaches a major milestone in its mission to transform FMCG distribution in Africa. Sumet Technologies was established in 2022 and has grown rapidly to become a […]

Read moreeditor image

Renew Capital invests in Njiapay to enhance payment solutions for African businesses

Renew Capital, an Africa-focused impact investment firm has made a strategic investment in NjiaPay, a payment service provider (PSP) that simplifies payment processing for African merchants. The announcement was made on Tuesday Renew Capital supports NjiaPay’s African expansion Renew Capital’s investment in NjiaPay is part of its broader strategy to support innovative companies that drive […]

READ MORE

Featured articles

Join our newsletter today for more updates

Trending in Africa tech space

trend image
15 hours ago

Tunisia turns olive oil waste to eco-friendly fuel briquettes 

trend image
15 hours ago

Lobna Helal succeeds Osman as first female chair of Telecom Egypt

trend image
1 day ago

Morocco’s cybersecurity lapses expose businesses and government to phishing, data theft

trend image
2 days ago

AltSchool Africa targets 10 million Africans with new AI education initiative

trend image
3 days ago

Commercial Bank of Ethiopia launches virtual and plastic cards with MasterCard

trend image
4 days ago

MTN partners with Airtel Africa to improve network access in Nigeria and Uganda

Fintech

layout1

Wema Bank profit surges by 141% to N102.5 billion in 2024, marks best financial performance in 5 years

Wema Bank Plc has reported an impressive increase in both gross earnings and profitability, marking its best financial performance in at least five years. Strong interest income and the expansion of strategic assets drove the bank’s gross earnings to N433.43 billion in the year that ended on December 31, 2024, according to its audited financial […]

Read More...
Advert

Cryptocurrency

layout1

Nigeria’s cNGN stablecoin in talks for listings on Yellow Card, Roqqu to boost adoption

The Africa Stablecoin Consortium (ASC), developers of Nigeria’s first regulatory-approved stablecoin, cNGN, is in early discussions with major African crypto exchanges Yellow Card and Roqqu to list the naira-backed token. While both parties have acknowledged the discussions, neither has yet pledged to integrate cNGN, a report by TechCabal said. Read also: Busha launches cNGN: Nigeria’s […]

Read More...
Advert

Product Review

layout1

New iPhone16 suggests high battery capacity

With the iPhone 16 leaks making headlines, anticipation for Apple’s latest smartphone release is at an all-time high.  Among the plethora of leaked details, one aspect that has caught the attention of tech enthusiasts is the reported battery capacities. Let’s delve into the revelations provided by analyst Majin Bu and explore the potential implications for […]

Read More...
Advert

Startups

layout1

Microsoft, Presight collaborate to drive AI innovation for startups

On Friday, Presight, a leading data analytics company based in Abu Dhabi, announced a strategic partnership with Microsoft to advance the Presight AI-Startup Accelerator. This initiative empowers emerging AI startups by providing essential tools like high-performance computing, cloud services, and foundational AI models. The program, launched during GITEX Global last year, targets startups that have […]

Read More...
Advert

Tech with Pelumy

layout1

Safaricom records KES 17.5 billion loss as Ethiopian birr depreciates

Safaricom’s profit in Ethiopia plunged by 17.7 percent to KES 28.1 billion, down from KES 34.1 billion, according to the company’s half-year financial report released on Thursday. As one of Africa’s leading telecom operators,  the decline in profit for the half-year that ended September 30, 2024 was largely attributed to the depreciation of the Ethiopian […]

Read More...
Advert

AI

layout1

ChatGPT faces backlash over AI model creating realistic fake receipts

ChatGPT is facing criticism over its AI model that can generate highly realistic fake receipts, raising concerns about its potential misuse for fraudulent activities. As part of its 4o model, ChatGPT debuted its new picture generator on Monday. This program is being used to create fake receipts because of its ability to create text within […]

Read More...
Advert

Featured Post