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Thursday, 3 September
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Thursday, 3 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

BitMama vs TradeFada: A comparison of 2 leading African crypto exchanges

Cryptocurrencies have become far more accessible for African enthusiasts with the recent rise in popularity and hype, thanks to the rise of several native cryptocurrency…

By: IBK

African fintech giant Flutterwave has responded to the Bank of Ghana’s suspension of certain remittance services, assuring customers and stakeholders that its core financial operations remain unaffected.

Flutterwave expands into North Africa with new Egypt payments licenses

Flutterwave, Africa’s leading payments technology company, has announced today that it has received its Payment Services Provider and Payments Facilitator licenses in Egypt.  The licenses…

By: Africa Innovation Watch

How social commerce platform Peppa is making P2P transactions safer for Africans

Peppa is looking to establish the safest way for customers to conduct business on social media as social commerce…

By: IBK

22 things that happened for the first time in 2022 in the African tech scene

2022 was a different year for the African tech ecosystem as the effects of the economic downturn shook the ecosystem…

By: IBK

Enough of internet shutdowns Going forward, African leaders must learn to sheath their swords and stop killing the switch. This is arguably the best thing to do in the continent’s interest. Internet shutdowns stifle digital connectivity and send the wrong signals to potential investors. “In Africa, similarly across the globe, the internet shutdowns documented in 2022 have left severe impacts on the lives of those affected. The human cost of internet shutdowns is not quantifiable as they crush people’s dreams and disrupt all aspects of people’s lives,” Felicia Anthonio, #KeepItOn Campaign Manager at Access Now, an independent monitoring group, told Technext in a statement.

Africa lost more than $200m to internet shutdowns in 2022

For one, Africa’s Fourth Industrial Revolution depends on technology, thanks to the continent’s digital-savvy young population and massive potential for growth. Africa’s internet economy, for…

By: IBK

Be Mobile Africa, has launched a crypto payment gateway that ensures customers can convert digital currency payments to fiat currency.

Be Mobile Africa introduces Crypto Payments in South Africa 

Be Mobile Africa, has launched a crypto payment gateway that ensures customers can convert digital currency payments to fiat currency….

By: IBK

charges levied by banks for bank-to-mobile money transactions will be reduced by on average 45 percent

Kenya’s CBK re-introduces charges for transactions between mobile money wallets and Banks

charges levied by banks for bank-to-mobile money transactions will be reduced by on average 45 percent…

By: IBK

Egypt’s Voo has rebranded to SideUp and raised $1.2 million to transform its strategy to offer a complete spectrum of e-commerce support services to small business owners in the middle east. SideUp currently serves thousands of e-commerce businesses which can access cash collection services and credit to expand their businesses. The startup’s portfolio has grown 30% month-on-month, achieving over $500,000 in Gross Merchandise Volume per month. Some of the services SideUp offers include payment gateways, API integration for shipping, warehousing, fulfilment, and advisory across the Middle East and Africa.

Egypt’s SideUp raises $1.2 million to scale e-commerce in the Middle East

Egypt’s Voo has rebranded to SideUp and raised $1.2 million to transform its strategy to offer a complete spectrum of e-commerce support services to small…

By: IBK

VENCO, a technology company that provides solutions to enhance living experiences in residential and commercial communities in Africa, has disclosed that it secured $670,000 in an oversubscribed pre-seed funding round in a statement, as seen by Technext.

VENCO secures $670,000 pre-seed funding to deliver digital solutions that enhance the living experience in Africa

VENCO, a technology company that provides solutions to enhance living experiences in residential and commercial communities in Africa, has disclosed that it secured $670,000 in…

By: IBK

Kenyan skincare startup, Uncover raises $1m to expand to Nigeria

Uncover Skincare, the Kenyan-based startup that specializes in tailored beauty and skin care products for African women, has raised $1 million in seed funding to…

By: IBK

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