Nomfro Technologies, a leading provider of digital solutions for African businesses, has  launched the fourth edition of its Entrepreneurship Empowerment Project (NTEEP), offering training, mentorship, and exposure to 500 startups The project is a comprehensive support program that aims to empower 500 African startups with the essential tools, skills, and connections they need to grow […]

South Africa’s vibrant fintech sector is set to experience a significant transformation with the upcoming introduction of the Conduct of Financial Institutions (COFI) Bill.  This pivotal legislation aims to streamline and unify the complex web of financial regulations into a cohesive industry standard, potentially reshaping the operational landscape for financial institutions across the board. Consolidating […]

SC Ventures, Standard Chartered’s innovation, fintech investment and ventures arm, is launching SOLV Ghana, a business-to-business (B2B) online marketplace that offers micro, small, and medium enterprises (MSMEs), short-term invoicing financing, buy now pay later services, and business loans via a trusted marketplace of verified buyers and sellers. Empowering MSMEs in Ghana “At SOLV, our mission […]

PalmPay, a leading Fintech company, has bolstered its in-app safety features to shield users from the surge in fraudulent activities within the digital banking system. The increase in fraudulent incidents has particularly impacted the fintech ecosystem in Nigeria, with Mobile, Web, and Point of Sales (POS) terminals being prime targets for fraudsters in 2023. The […]

MoneyHash, an Egyptian fintech startup, has recently secured a significant milestone by raising $4.5 million in seed funding. This injection of capital signals a vote of confidence in MoneyHash’s vision to transform the landscape of financial transactions across Africa. At its core, MoneyHash aims to facilitate payments in Africa through innovative fintech solutions, leveraging technology […]

Choosing the right robot vacuum for your needs can be overwhelming, especially when comparing high-end models like the iRobot Roomba j7+ and the Roborock S7 MaxV Ultra.  Both offer impressive features and boast intelligent navigation, powerful cleaning, and convenient self-emptying docks. However, some key differences might influence your decision. When tackling dirt, dust, and debris, […]

The Federal Government of Nigeria’s government has detained two senior executives of Binance, a prominent cryptocurrency exchange company in Africa. This move comes in the wake of escalating tensions surrounding the regulation of cryptocurrencies in the country, with significant implications for both the financial sector, national security and the Nigerian economy. The Arrest and Regulatory […]

Data storage is essential for businesses because it helps with operations, efficiency, and expansion. Businesses are able to keep track of a plethora of information, including client purchases, product specifications, and market tendencies, due to data storage. When used for research, decision-making, and strategy development, this data is invaluable. It makes it easier to meet […]

A new electric motorcycle venture has been launched in Kenya, thanks to a partnership between Kofa, a Ghanaian energy storage company, and Autopax, a Kenyan assembly and distribution company.  The venture aims to provide sustainable and affordable transportation solutions for the African market, especially for boda-boda services, corporate fleets, and personal use. The partnership was […]

SHELT Global Limited, a European cybersecurity firm that provides managed Security Services (MSS) to leading institutions in Europe, the Middle East, and Africa, has announced the launch of its new headquarters and training academy in Lagos, Nigeria.  The launch was celebrated recently with a cocktail party attended by SHELT’s clients and partners, who were given […]

Jeff Bezos, the founder and former CEO of Amazon, has recently made headlines with his substantial sale of Amazon stock, amounting to billions of pounds.  This move has sparked curiosity and speculation about its implications for Bezos, Amazon, and the broader market. Understanding the context, motivations, and potential outcomes of such a significant divestment is […]

At the Mobile World Congress, Lenovo revealed an intriguing ThinkBook Transparent Display Laptop concept. This cutting-edge gadget has a 17.3-inch transparent MicroLED display. When the display is off, people may see through it thanks to its up to 55% transparency. When illuminated, it reaches a peak brightness of 1000 nits and becomes entirely opaque, but […]

With effect from February 2024, Ifeanyi Odoh will take over as Country President for Schneider Electric Kenya, a worldwide leader in energy management and automation. From his position as South East Asia’s Strategy and Transformation Leader overseeing Vietnam and Cambodia, Ifeanyi moves to Schneider Electric Kenya. Ifeanyi is a seasoned company executive who has championed […]

Intellect Design Arena Ltd, a cloud-native fintech firm serving banking and insurance clients across the globe, has launched its ‘first principles’ technology suite, ‘eMACH.ai’, tailored for bankers in the Middle East and Africa.  This suite, an open finance platform, is based on five core principles: configurability, richness, scalability, ease of integration, and composability. It empowers […]

ProXalys, a Senegalese startup that offers digital solutions for business-to-business (B2B) trade, has announced that it has raised $500,000 in a new funding round from 216 Capital, a Tunisian seed fund that supports early-stage startups in Africa.  The round also saw the participation of Haskè Ventures, a Nigerian venture capital firm, and Digital Africa, a […]

In recent years, the streaming industry has witnessed remarkable growth globally, and Africa is no exception. Among the various players vying for dominance in this market, Showmax has emerged as a clear frontrunner, capturing a significant share of the African streaming landscape. With a commanding 39% market share, Showmax has solidified its position as the […]

Mastercard’s recent investment of $200 million in MTN Fintech, a subsidiary of Africa’s leading telecommunications company, MTN Group, marks a significant milestone in the financial technology landscape.  This strategic move not only underscores Mastercard’s commitment to advancing digital payments but also signals a potential transformation in the fintech sector across Africa. Strengthening Digital Payments Infrastructure: […]

Teraco, a digital realty company and Africa’s largest interconnection hub and vendor-neutral data centre provider has announced a groundbreaking project to build a 120MW utility-scale solar photovoltaic (PV) energy facility in the Free State province of South Africa.  The project will enable Teraco to power its data centres across the country with clean and reliable […]

Endeavour Kenya has announced ten startup founders who will participate in the first-ever Endeavour ScaleUp Programme.  This programme hopes to help high-growth start-ups figure out how to scale by providing them with connections and tools. The programme aims to support the growth of start-ups that already have a product and are operational. The Endeavour ScaleUp […]

The Apple Vision Pro, unveiled in June 2023, is Apple’s first foray into spatial computing, aiming to blend the digital world with the physical seamlessly. Here’s what we know about this innovative device: Key Features The Apple Vision Pro, unveiled in June 2023, marks a significant leap forward in human-computer interaction. This innovative device introduces […]