African technology and startup publication covering innovation, entrepreneurship, funding, digital business and consumer technology.
Silverbacks Holdings invested more than $37 million in Moove, during its $250 million round announced last week, its largest single investment in an African-born technology company. The Mauritius-based investment firm participated in…
Jumia has raised $50 million in fresh equity from a group of investors led by the International Finance Corporation, giving Africa’s e-commerce company additional capital as it pushes toward profitability. The financing includes a $25…
Kenya Commercial Bank (KCB Group Plc) has today reported a 20.8% increase in its first-half profit before tax to KSh49.3 billion, or about $382 million, due to higher lending, deposit growth and stronger non-funded income supporting…
Moment, a Cape Town-based fintech, has closed $22 million to deepen its network, enhance its platform and accelerate expansion across Africa. The Series A funding round was led by AlphaCode Venture Partners, with follow on investment from…
Spotify will begin labeling AI-generated artist identities with an AI Persona badge from mid-September, as the streaming platform moves to give listeners greater transparency about who is behind the music. The badge will appear on artist…
Small Foundation is backing a new investment vehicle established by AgDevCo to provide patient financing to early-stage agribusinesses across East Africa, targeting companies that often fall between microfinance and conventional commercial…
British International Investment, the UK’s development finance institution, is investing $20 million in an Africa50 fund as it seeks to attract more private capital to infrastructure projects across the continent. The investment in the…
Technology is playing an increasingly important role in helping 13 Starehe Boys Centre students complete a 1,100-kilometre charity cycling challenge from Busia to Mombasa, combining endurance, digital coordination and safety support in a…
Liquid Intelligent Technologies is using high-speed wireless optical technology from Taara to connect large enterprises in Lagos to data center capacity without relying entirely on fiber, offering a faster way to expand connectivity in…
Mastercard has appointed Yasemin Bedir as its Eastern Europe, Middle East and Africa (EEMEA) region president, effective 1 September running its 81 country business in the region. Bedir, a nearly 20-year veteran of Mastercard, also joins…
Tanzania has introduced a new requirement for people conducting business through social media to publicly display their tax identification details, bringing online sellers and other digital businesses under a more visible layer of tax…
YouTube is raising the bar for creators seeking to earn money from its platform, while introducing new revenue opportunities tied to subscriptions, shopping and brand deals. The company said Monday that it will overhaul parts of the…
Intel is raising $20 billion through a new stock offering, giving the US chipmaker a major injection of fresh capital as it continues to invest in its business. Intel said Monday it priced 210,526,315 shares of common stock at $95 per…
From August 14, cyber cafés must register customers and maintain session records, creating a three-year trail of who used which computer and when as Kenya tightens its fight against cybercrime. Kenya is about to make anonymous internet…
Samsung Electronics East Africa is training young Kenyans in mobile photography and digital content creation as more people turn social media and digital platforms into channels for business, employment and income. The company brought…
Cape Town-based AI software startup Tennsa has raised pre-seed funding from Oakvale Invest to scale its platform and accelerate its push to help businesses move from fragmented legacy workflows to agentic intelligence. The investment makes…
Twenty-six projects backed by Microsoft, Gates Foundation, Google.org and Masakhane will build African-language AI for healthcare, agriculture, education, justice and digital inclusion. Africa’s AI revolution is expanding beyond the…
Before his engagement to Charlene Ruto put him in Kenya’s spotlight, Isaya Yunge had already built a career spanning youth advocacy, scholarship technology, smart-home solutions and entrepreneurship across Africa. From speaking at the G8…
NTT DATA is targeting insurers looking to automate increasingly complex operations with the launch of an AI platform designed to turn underwriting, claims and customer-service workflows into governed, repeatable AI-delivered services. The…
OpenAI is bringing the team behind AI presentation startup NextSlide into the company, in a move that could expand ChatGPT’s capabilities beyond text and into visual communication. NextSlide founder Ahmed Beshry announced that the…
Kenya’s digital economy is creating new opportunities for consumers and businesses, but it is also creating more channels for fraud. The latest consumer complaints data from the Communications Authority of Kenya shows that fraud is no…
East African Breweries reports one of its strongest recent performances, with net revenue rising 13% to KSh146 billion and total debt falling by KSh4.8 billion as the brewer increases shareholder returns. East African Breweries Plc posted…
Africa’s creator economy is growing rapidly, but for many creators, turning influence and expertise into sustainable income remains difficult. Global platforms were largely built around payment systems such as PayPal and Stripe that do not…
Three Kenyan startups are among 16 ventures selected as regional finalists for the 2026 American Society of Mechanical Engineers Innovation Showcase (ASME ISHOW), putting Kenya at the centre of a global cohort of hardware startups…
