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Friday, 4 September
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Friday, 4 September

Top News

Lesotho, UNDP Strengthen Partnership on Digital Transformation and AI Development
Kenya, France Partner on New Science and Engineering Complex at University of Nairobi
Ooredoo, du Partner on Landmark Subsea Cable Project to Boost UAE Digital Connectivity
Guinea Signs Deal for Second Submarine Fibre-Optic Cable to Expand Internet Capacity
Omantel Launches AI Centre of Excellence to Boost Oman’s Digital Innovation Ecosystem
Lesotho, UNDP Strengthen Partnership on Digital Transformation and AI Development
Kenya, France Partner on New Science and Engineering Complex at University of Nairobi
Ooredoo, du Partner on Landmark Subsea Cable Project to Boost UAE Digital Connectivity
Guinea Signs Deal for Second Submarine Fibre-Optic Cable to Expand Internet Capacity
Omantel Launches AI Centre of Excellence to Boost Oman’s Digital Innovation Ecosystem

Africa

Stakeholders call for innovations to mitigate Africa’s climate challenges at CAAF24 event

Yesterday marks a pivotal moment in the global effort to address climate change as the Climate Action Africa Forum 24 (CAAF24) convened in Lagos, Nigeria….

By: IBK

Kenyan authorities suspended the activities of Worldcoin almost a year ago for privacy and security concerns

Sam Altman’s Worldcoin to resume iris scanning in Kenya following discontinuation of probe

Kenyan authorities suspended the activities of Worldcoin almost a year ago for privacy and security concerns…

By: IBK

Climate Tech is not so much a ‘sector’ per se as it covers a wide range of use cases

Climate tech edges fintech, attracts 45% of Africa startup funding in 2024 so far

Climate Tech is not so much a ‘sector’ per se as it covers a wide range of use cases…

By: IBk

Nigeria’s startups raised $93.4 million in October 2025, a 130.6% surge driven by Moniepoint’s $90 million round and rising early-stage investments across fintech, clean energy, agriculture, logistics, and edtech.

African startups raise $187 million in May 2024 – Report

Startups across Africa announced fresh capital raise totalling $187 million in May, as funding improved compared to April….

By: Wura Oba

Rwandan Central Bank set to launch digital currency in 2026- Deputy Governor

Rwanda plans to launch its Central Bank Digital Currency (CBDC) within the next two years. A…

By: IBK

Egyptian fintech Sahl raises $6 million in joint Seed and Series A funding round

Sahl has become a major player in the Egyptian fintech landscape, serving over 12 million customers monthly and 15 million households in Egypt…

By: IBK

Key takeaways from FT’s fastest-growing companies list about fintech & e-commerce in Africa

Africa’s tech scene keeps growing, and at the heart of this growth are two sectors leading the charge: fintech and e-commerce – the wizards of…

By: IBK

African Union Child Online Safety and Empowerment Policy

The African Union Child Online Safety and Empowerment Policy establishes key principles such as children’s right to safety, privacy, and online participation with prime importance…

By: IBK

In 2016, the company rose to become the continent’s first unicorn, valued at over $1 billion, and in April 2019, it went public on the New York Stock Exchange (NYSE), raising $196 million in net proceeds. Its share price, initially offered at $14.50, rose more than 200% in the first three trading sessions. But after reaching a peak of nearly $50 on May 1, 2019, the share value has continually declined and fluctuated. Currently, the e-commerce platform has since spread to African countries, including Egypt, Morocco, Ivory Coast, Kenya, South Africa, and others, as well as expanding and launching platforms like Jumia Food, Jumia Travel, Jumia Deals, Jumia One, Jumia Pay, and others. With platforms like Jumia Food, Jumia Travel, and Jumia Pay, the company has diversified its offerings and expanded its reach, driving e-commerce adoption and economic empowerment.

Here is a list of Africa’s top 10 biggest startups by valuation

Africa has emerged as a hotbed of innovation, with startups disrupting industries and capturing the attention of investors worldwide. From fintech to agriculture, these startups…

By: IBK

Unlimit acquires 3rd African payment licence in Tanzania- after Nigeria and Kenya

Unlimit acquires 3rd African payment licence in Tanzania- after Nigeria and Kenya

The launch of Tanzanian operations marks an important step in Unlimit’s broader strategy of expanding into Africa and follows the approval of similar licences last…

By: IBK

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Feature Posts

Danfoss Launches CoolTrain™ to Fast-Track Data Centre Liquid Cooling Deployment

Emtel’s AI, Fintech Push Drives Revenue Growth, Boosts Profitability

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