Ecosystem
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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 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…
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. 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.…
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 and upskilling opportunities.
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 financial hubs
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.
Gebeya has partnered with NVIDIA to launch an ecosystem of 50,000 NVIDIA-certified developers across Africa. The collaboration will proceed in stages, to bridge the AI skills gap and provide African developers with specialised skills.
National Information Technology Development Agency (NITDA) has warned that cyber attackers are using LinkedIn to spread a new malware variant called ‘CovertCatch.’ They impersonate recruiters or job providers, tricking users into downloading malicious files or clicking harmful links.
Google is committing $5.8 million to accelerate AI skilling initiatives across sub-Saharan Africa. This investment will also support organisations dedicated to equipping people across the continent with essential AI skills.
Google adds Hausa, Igbo, Yoruba, 12 other African languages, to Voice Search and Translate dictation
Google has added 15 more African languages, including Hausa, Igbo, and Yoruba, to Voice Search, Gboard talk-to-type, and Translate dictation features. It attributes this result to advances in AI, specifically multilingual speech recognition, which translates speech into text.
Edge Growth has secured $2.1 million to support South African SMEs, particularly high-growth companies aligned with social impact.
Egypt’s Sawari Ventures is launching a $200 million fund, “Sawari Ventures II,” in 2025, targeting startups in Egypt, North Africa, and West Africa. The fund focuses on fintech, deep tech, digital education, health tech, and climate tech sectors. The news: