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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 […]
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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 […]
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RoboCop and More: PlayStation Plus Essential games for April 2025 announced
By Modupeoluwa Olalere
Google to boost Cloud security with $32 billion Wiz buyout
By Olanrewaju Adeniyi
African women in crypto: Binance champions financial inclusion
By Staff WriterTech Tv
Nigeria Govt Introduces Ai Tool, Tlcom Capital Raises $154m For African Start-ups Investment.
Trending in Africa tech space
Tunisia turns olive oil waste to eco-friendly fuel briquettes
In northern Tunisia, Engr Yassine Khelifi is transforming olive oil waste into an eco-friendly energy source. Khelifi’s company, Bioheat, founded in 2022, converts olive residue from oil extraction into fuel briquettes—a move aimed at reducing Tunisia’s dependence on imported fuel and curbing deforestation. With Tunisia set to become the world’s third-largest olive oil producer by […]
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Lobna Helal succeeds Osman as first female chair of Telecom Egypt
Telecom Egypt has ushered in a new era of leadership with the appointment of Lobna Helal as Chair of the Board. This significant milestone follows the departure of Dr Magued Osman, who stepped down after nine years of service. Helal’s appointment is historic, as she becomes the first woman to lead the company’s board. With […]
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Morocco’s cybersecurity lapses expose businesses and government to phishing, data theft
Morocco is one of the most vulnerable African countries to email-based cyberattacks, according to a report by PowerDMARC. The country’s weak adoption of essential security protocols such as DMARC, MTA-STS, and DNSSEC has left businesses and government agencies highly susceptible to phishing, domain spoofing, and data theft. These security gaps, combined with Morocco’s position as […]
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AltSchool Africa targets 10 million Africans with new AI education initiative
AltSchool Africa, a leading edtech platform, announced the launch of the “AI for 10M Africans” initiative on Thursday. This ambitious program aims to provide free artificial intelligence (AI) education to 10 million Africans, bridging the knowledge gap and empowering individuals to integrate AI into their careers and daily lives. Empowering Africans through AI education The […]
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Commercial Bank of Ethiopia launches virtual and plastic cards with MasterCard
The Commercial Bank of Ethiopia (CBE), in collaboration with MasterCard, has launched a new service offering both virtual and plastic payment cards. The launch ceremony, held on March 27, 2025, at CBE’s headquarters, was attended by Abe Sano, President of the Commercial Bank of Ethiopia, Mark Elliott, President of MasterCard Africa, and senior executives from […]
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MTN partners with Airtel Africa to improve network access in Nigeria and Uganda
MTN Group and Airtel Africa have partnered to share network infrastructure in Nigeria and Uganda, aiming to enhance mobile connectivity in underserved areas. The agreement, announced on Wednesday, reflects a growing trend toward cost optimisation and seeks to improve mobile services, especially in rural and remote regions where many people still lack access to modern […]
READ MOREFintech
eTranzact International Plc has revealed its fiscal year-end December 31, 2024, financial results, which show a significant rise in profitability in spite of an 11.82 percent decline in total revenue. Compared to N3.1 billion the year before, the company’s pre-tax profit of N4.8 billion represented a 53.20 percent increase. This impressive performance was fuelled by […]
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Cryptocurrency
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 […]
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Product Review
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 […]
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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 […]
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Tech with Pelumy
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 […]
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AI
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 […]
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