South Africa is accelerating the use of fintech and digital retail tools after anti-immigrant protests forced hundreds of spaza shops to close, driving up food prices and exposing weaknesses in the country's township retail ecosystem. The post South Africa Looks to Fintech After Anti-Immigrant Prote
| By: Abdulmuizz Olanrewaju Africa’s technology companies risk producing developers who can ship software faster than ever while understanding less of what they place in production. A junior developer can now ask a coding agent to inspect an unfamiliar repository, create an interface, connect APIs,
In today's edition: Nigerian startup GoLemon shuts down || Kenya's AI draft wants proper usage disclosure || Absa Bank Kenya eyes private sector lending || Rwanda sets date to phase out 2G, 3G
In a move aimed at making quality technology more accessible to Nigerians, MENXTT TECH NG, a fast-growing technology startup based in Computer Village, Ikeja, Lagos, has announced the availability of premium pre-owned Dell laptops at affordable prices, complete with flexible payment options and a on
Small steps have been taken towards greater gender diversity within the African tech startup ecosystem over the last two years, but much more needs to be done if anything close to parity is to be achieved, with funding for female-founded ventures still a major issue. That is according to the third e
A Suits actor is selling a tool upending a profession built on privileged access and scarce expertise. Law is starting to look like the early case rather than the exception.
Applications are open for the Google Africa Applied AI Lab, which aims to provide AI entrepreneurs and researchers with technical support and early access to Google AI models. Based at the Accra AI Community Centre (AICC) in Ghana, the Google Africa Applied AI Lab supports founders from across the c
South Africa’s venture capital ecosystem is beginning to close one of the most important gaps in its growth story, according to two new studies. Exits. Two new studies by the SA SME Fund, Endeavor South Africa and SAVCA claim to provide “compelling evidence” that local venture capital can deliver bo
Why cyber resilience, not bigger IT budgets, will determine which businesses thrive in the age of AI-powered attacks Kenya’s digital economy is one of Africa’s greatest success stories. Mobile money and social media have put East Africa’s largest economy on the global digital map and the uptake of d
One of the first major decisions many startup founders face whether to raise funds bootstrapping or venture capital. Should you build slowly with your own money and revenue, or raise millions from investors to grow faster? Neither approach is automatically better. A small software company selling to
Cairo-based e-commerce operations startup Fincart has raised $2.8 million in an oversubscribed seed round to strengthen its AI platform, expand into new markets and deepen partnerships across the Middle East and Africa. The round was co-led by pan-African venture capital firm Launch Africa and Antle
Fincart, a Cairo-based e-commerce infrastructure startup, has raised $2.8 million in Seed funding to accelerate its geographical expansion across Africa and the Middle East. The capital injection marks a major milestone for the startup following its strategic pivot from a niche logistics platform in
The raise comes one year after Fincart's undisclosed pre-seed round and coincides with the startup’s pivot from a logistics management platform into an AI-powered operating system for e-commerce merchants.
Egyptian e-health startup Reme-D has raised US$1.45 million in pre-Series A funding to expand its manufacturing capacity, regional footprint, and diagnostic product portfolio. Founded in 2023 by Salma Tammam, Reme-D develops and manufactures molecular diagnostic tests for diseases including tubercul
The Botswana Tech Fund (BTF) has reached a US$6.7 million first close of its targeted US$64 million fund to invest in technology companies supporting digital growth across Southern Africa. The BTF launched in April, structured to back founders from pre-seed through to growth stage. It aims to levera
WayaWaya has appointed former Chase Bank Kenya executive Raj Singh as a non-executive director and advisor as it expands across Africa and international markets. The Nairobi-based fintech, which offers conversational commerce, embedded payments, and AI financial services, said Singh will advise on s
Airtel Nigeria has strengthened its nationwide retail and distribution network as part of its continued investment in enhancing service delivery and making telecommunications and digital services more accessible to millions of Nigerians. The company’s retail ecosystem comprises more than 4,000 exclu
