Ecosystem

Dozy Mmobuosi is making a pivot towards artificial intelligence (AI) in agriculture, even as he faces significant legal challenges from the U.S. Securities and Exchange Commission (SEC).


Madica has invested $800,000 in four African startups through its investment programme, offering funding, mentorship, and support to enhance the continent’s entrepreneurial ecosystem.


Nigeria’s edtech industry is projected hit $400 million in 2025, but the infrastructure gap required to get there will require more than the projected amount.


Driven by an uptick in the adoption of its cloud and AI services, Microsoft’s Q4 2024 earnings rose by 12% to $69.9 billion


Swedish development finance institution Swedfund has invested $41 million into the Emerging Africa and Asia Infrastructure Fund to bolster climate-resilient projects.


Purple Elephant Ventures (PEV) has raised $4.5 million in seed funding to revolutionise African tourism through innovation.


Under its revamped strategy, DOB Equity has announced its first investment in Spouts International, a Ugandan company revolutionising access to clean water through its innovative ceramic water filters.


Adebayo Ogunlesi, the Nigerian-born business magnate, has joined OpenAI’s Board of Directors, adding his extensive expertise to the world-renowned artificial intelligence research organisation. Here are 10 key facts to know…


Global startup accelerator Techstars has announced its expansion into Botswana, marking a significant milestone for the Southern African startup ecosystem.


When Adewale Yusuf, founder of Techpoint Africa, first approached me in November 2014 about the new publication he was working on, I told him I was done with tech journalism.…


In 2024, fintech dominated Africa’s tech ecosystem with two unicorns, while stablecoins played an increasingly important role in cross-border payments.


Seedstars Africa Ventures I raises $42 million in first close to empower African startups, targeting 10,000 jobs and innovation in cleantech, financial inclusion, and Internet connectivity.


According to a report released by Caribou Digital and the MasterCard Foundation, innovation clusters are shaping the future of the African AI ecosystem, boosting the continent’s long-term economic growth.


Chinese eCommerce platform, Temu is making inroads into Nigeria with a marketing blitz, but what does this mean for Nigeria’s eCommerce sector?


Access Bank reinforces its African leadership by acquiring Standard Chartered’s branches in Angola and Sierra Leone, boosting financial inclusion, trade, and economic growth in underserved markets.


Salesforce considers talent development not just as a business move but a step in growing talent in emerging markets. It has now sets its eyes on Nigeria with strategic partnerships…


Securing patient capital is crucial in building Africa’s tech industry, but Efosa Ojomo argues that entrepreneurs and investors must back their calls for patient capital with hard data.


In this article, Maya Horgan Famodu, Managing Partner at Ingressive Capital explores why African startups should consider global ambitions and how to build the necessary structures.


Access Bank UK is expanding its global footprint with the acquisition of AfrAsia Bank, Mauritius’ fourth-largest bank by assets. This strategic move aims to enhance Access Bank’s presence in Africa’s…


Techstars Lagos has announced its closure two years after it launched in Nigeria. The closure marks the end of its partnership with ARM Labs and comes amid operational challenges globally.


Tingo founder Dozy Mmobuosi launches AI-powered agritech amid legal troubles

Dozy Mmobuosi is making a pivot towards artificial intelligence (AI) in agriculture, even as he faces significant legal challenges from the U.S. Securities and Exchange Commission (SEC).

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Madica invests $800,000 in four African startups to spur growth

Madica has invested $800,000 in four African startups through its investment programme, offering funding, mentorship, and support to enhance the continent’s entrepreneurial ecosystem.

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What $400m market projection truly means for Nigeria’s edtech industry

Nigeria’s edtech industry is projected hit $400 million in 2025, but the infrastructure gap required to get there will require more than the projected amount.

Follow the story

Microsoft’s Q4 2024 earnings climb 12% to $69.6bn on the strength of Azure and AI suites

Driven by an uptick in the adoption of its cloud and AI services, Microsoft’s Q4 2024 earnings rose by 12% to $69.9 billion

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Swedfund supports Africa’s digital and climate infrastructure with $41 million investment

Swedish development finance institution Swedfund has invested $41 million into the Emerging Africa and Asia Infrastructure Fund to bolster climate-resilient projects.

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Purple Elephant Ventures secures $4.5M to transform Kenya’s tourism through technology

Purple Elephant Ventures (PEV) has raised $4.5 million in seed funding to revolutionise African tourism through innovation.

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DOB Equity embraces sustainability with Spouts International investment

Under its revamped strategy, DOB Equity has announced its first investment in Spouts International, a Ugandan company revolutionising access to clean water through its innovative ceramic water filters.

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10 things to know about Adebayo Ogunlesi, OpenAI’s newest board member

Adebayo Ogunlesi, the Nigerian-born business magnate, has joined OpenAI’s Board of Directors, adding his extensive expertise to the world-renowned artificial intelligence research organisation. Here are 10 key facts to know about Ogunlesi and why his appointment is significant: Adebayo Ogunlesi’s journey is a testament to the power of vision, education, and strategic thinking. His role…

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Global accelerator Techstars enters Botswana to fuel startup growth

Global startup accelerator Techstars has announced its expansion into Botswana, marking a significant milestone for the Southern African startup ecosystem.

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Techpoint Africa is 10: A decade of shaping Africa’s tech narrative

When Adewale Yusuf, founder of Techpoint Africa, first approached me in November 2014 about the new publication he was working on, I told him I was done with tech journalism. A few weeks later, he followed up. I finally agreed to meet with him at, if my memory serves me right, the now-defunct iDEA Hub.…

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African founders and investors speak on the most impactful events of 2024 

In 2024, fintech dominated Africa’s tech ecosystem with two unicorns, while stablecoins played an increasingly important role in cross-border payments.

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Seedstars Africa Ventures I raises $42 million in first close to create 10,000 jobs in African startups

Seedstars Africa Ventures I raises $42 million in first close to empower African startups, targeting 10,000 jobs and innovation in cleantech, financial inclusion, and Internet connectivity.

Follow the story

Innovation clusters set to revolutionise the African AI ecosystem 

According to a report released by Caribou Digital and the MasterCard Foundation, innovation clusters are shaping the future of the African AI ecosystem, boosting the continent’s long-term economic growth.

Follow the story

Chinese eCommerce company, Temu enters Nigeria with marketing blitz

Chinese eCommerce platform, Temu is making inroads into Nigeria with a marketing blitz, but what does this mean for Nigeria’s eCommerce sector?

Follow the story

Access Bank acquires Standard Chartered branches in Angola, Sierra Leone

Access Bank reinforces its African leadership by acquiring Standard Chartered’s branches in Angola and Sierra Leone, boosting financial inclusion, trade, and economic growth in underserved markets.

Follow the story

Salesforce, the company behind Slack, has a game plan for Nigeria and it’s all about talent

Salesforce considers talent development not just as a business move but a step in growing talent in emerging markets. It has now sets its eyes on Nigeria with strategic partnerships and upskilling opportunities.

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“We must start talking with a lot more insights” — Efosa Ojomo, Director, Global Prosperity at the Clayton Christensen Institute, on how Africa can attract patient capital 

Securing patient capital is crucial in building Africa’s tech industry, but Efosa Ojomo argues that entrepreneurs and investors must back their calls for patient capital with hard data.

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“Building global doesn’t mean abandoning Africa” – Maya Horgan Famodu, Founder and Managing Partner at Ingressive Capital

In this article, Maya Horgan Famodu, Managing Partner at Ingressive Capital explores why African startups should consider global ambitions and how to build the necessary structures.

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Access Bank UK announces acquisition of Mauritius-based AfrAsia Bank

Access Bank UK is expanding its global footprint with the acquisition of AfrAsia Bank, Mauritius’ fourth-largest bank by assets. This strategic move aims to enhance Access Bank’s presence in Africa’s financial hubs

Follow the story

Techstars shuts down Lagos accelerator programme after two years

Techstars Lagos has announced its closure two years after it launched in Nigeria. The closure marks the end of its partnership with ARM Labs and comes amid operational challenges globally.

Follow the story

Dozy Mmobuosi is making a pivot towards artificial intelligence (AI) in agriculture, even as he faces significant legal challenges from the U.S. Securities and Exchange Commission (SEC).


Madica has invested $800,000 in four African startups through its investment programme, offering funding, mentorship, and support to enhance the continent’s entrepreneurial ecosystem.


Nigeria’s edtech industry is projected hit $400 million in 2025, but the infrastructure gap required to get there will require more than the projected amount.


Driven by an uptick in the adoption of its cloud and AI services, Microsoft’s Q4 2024 earnings rose by 12% to $69.9 billion


Swedish development finance institution Swedfund has invested $41 million into the Emerging Africa and Asia Infrastructure Fund to bolster climate-resilient projects.


Purple Elephant Ventures (PEV) has raised $4.5 million in seed funding to revolutionise African tourism through innovation.


Under its revamped strategy, DOB Equity has announced its first investment in Spouts International, a Ugandan company revolutionising access to clean water through its innovative ceramic water filters.


Adebayo Ogunlesi, the Nigerian-born business magnate, has joined OpenAI’s Board of Directors, adding his extensive expertise to the world-renowned artificial intelligence research organisation. Here are 10 key facts to know…


Global startup accelerator Techstars has announced its expansion into Botswana, marking a significant milestone for the Southern African startup ecosystem.


When Adewale Yusuf, founder of Techpoint Africa, first approached me in November 2014 about the new publication he was working on, I told him I was done with tech journalism.…


In 2024, fintech dominated Africa’s tech ecosystem with two unicorns, while stablecoins played an increasingly important role in cross-border payments.


Seedstars Africa Ventures I raises $42 million in first close to empower African startups, targeting 10,000 jobs and innovation in cleantech, financial inclusion, and Internet connectivity.


According to a report released by Caribou Digital and the MasterCard Foundation, innovation clusters are shaping the future of the African AI ecosystem, boosting the continent’s long-term economic growth.


Chinese eCommerce platform, Temu is making inroads into Nigeria with a marketing blitz, but what does this mean for Nigeria’s eCommerce sector?


Access Bank reinforces its African leadership by acquiring Standard Chartered’s branches in Angola and Sierra Leone, boosting financial inclusion, trade, and economic growth in underserved markets.


Salesforce considers talent development not just as a business move but a step in growing talent in emerging markets. It has now sets its eyes on Nigeria with strategic partnerships…


Securing patient capital is crucial in building Africa’s tech industry, but Efosa Ojomo argues that entrepreneurs and investors must back their calls for patient capital with hard data.


In this article, Maya Horgan Famodu, Managing Partner at Ingressive Capital explores why African startups should consider global ambitions and how to build the necessary structures.


Access Bank UK is expanding its global footprint with the acquisition of AfrAsia Bank, Mauritius’ fourth-largest bank by assets. This strategic move aims to enhance Access Bank’s presence in Africa’s…


Techstars Lagos has announced its closure two years after it launched in Nigeria. The closure marks the end of its partnership with ARM Labs and comes amid operational challenges globally.