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594 articles total · page 2 of 30

Week of August 10, 202612 articles

Shoprite’s Sixty60 is now a $1.6 billion digital commerce business
Weekly Digest

Shoprite’s Sixty60 is now a $1.6 billion digital commerce business

The numbers show how the retailer is turning its vast physical store network into infrastructure for a rapidly expanding digital commerce business.

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Nigeria’s identity law raises questions over who regulates digital signatures
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Nigeria’s identity law raises questions over who regulates digital signatures

A digital signature is a mathematical method for verifying that a digital document, email or message is authentic, has not been altered and was signed by the person claiming to have signed it.

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8 African entrepreneurs selected for ASME Innovation Showcase
Weekly Digest

8 African entrepreneurs selected for ASME Innovation Showcase

Eight African entrepreneurs have been selected by the American Society of Mechanical Engineers (ASME) as regional venture finalists for the ASME Innovation Showcase (ISHOW), the prestigious international accelerator of hardware-led social innovation. The prestigious ASME ISHOW hardware accelerator i

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Kenya to Track Cyber Café Users by ID as New Rules Raise Surveillance Concerns
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Kenya to Track Cyber Café Users by ID as New Rules Raise Surveillance Concerns

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 access harder as the Communications Authority of Kenya introduce

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Africa’s AI Push Targets 50+ Languages Spoken by 500 Million People
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Africa’s AI Push Targets 50+ Languages Spoken by 500 Million People

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 languages that have traditionally dominated the technology. Twenty-

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YouTube Raises Bar for Creators, Tightens Monetization Rules
Weekly Digest

YouTube Raises Bar for Creators, Tightens Monetization Rules

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 YouTube Partner Program from Feb. 1, 2027, marking its first major

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Intel Raises $20 Billion From New Stock Sale
Weekly Digest

Intel Raises $20 Billion From New Stock Sale

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 share. The offering was increased from the previously announced $

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Tanzania Orders Social Media Businesses to Put Tax Numbers on Their Profiles
Weekly Digest

Tanzania Orders Social Media Businesses to Put Tax Numbers on Their Profiles

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 enforcement. The Tax Administration (General) (Amendment) Regulat

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Isaya Yunge: From Youth Ambassador to Building Africa’s Next Generation of Tech Opportunities
Weekly Digest

Isaya Yunge: From Youth Ambassador to Building Africa’s Next Generation of Tech Opportunities

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 at 17 to building technology ventures Isaya Yunge is entering

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Cape Town AI Startup Tennsa Raises Pre-Seed Funding to Scale Agentic AI for Businesses
Weekly Digest

Cape Town AI Startup Tennsa Raises Pre-Seed Funding to Scale Agentic AI for Businesses

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 Tennsa the first company in Oakvale’s portfolio. Oakvale des

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Samsung Trains Young Kenyans in Mobile Photography as Creator Economy Expands
Weekly Digest

Samsung Trains Young Kenyans in Mobile Photography as Creator Economy Expands

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 together aspiring photographers, videographers, digital creators

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Nigeria collects $19.9 billion in taxes as digital systems expand
Weekly Digest

Nigeria collects $19.9 billion in taxes as digital systems expand

Nigeria collected an average of ₦127.83 billion ($93.98 million) in taxes every day between January and July 2026 as new laws and digital systems helped the government bring more economic activity into the tax net.

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Week of August 3, 20268 articles

Egypt’s Fincart raises $2.8m to accelerate regional expansion
Weekly Digest

Egypt’s Fincart raises $2.8m to accelerate regional expansion

Egyptian e-commerce operations platform Fincart has raised an oversubscribed US$2.8 million seed round of funding to further develop its AI platform, expand its team, strengthen strategic partnerships, and accelerate its expansion across the MENA and African markets. Founded in 2023 by Mostafa Masry

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SA fintech startup Moment raises $22m funding round
Weekly Digest

SA fintech startup Moment raises $22m funding round

South African fintech startup Moment has raised US$22 million in funding to develop one of the continent’s most advanced payment infrastructure businesses, offering a comprehensive suite of payment collection and revenue retention solutions to corporate and enterprise merchants. Moment offers biller

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SA’s Tennsa raises funding from AI-focused pre-seed firm Oakvale Invest
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SA’s Tennsa raises funding from AI-focused pre-seed firm Oakvale Invest

South African startup Tennsa, an AI business intelligence platform built for SMEs, has become the first portfolio company of Oakvale Invest, Africa’s first AI-focused pre-seed fund. The Cape Town-based Tennsa is building AI that works around people, on the conviction that this technology’s promise h

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Absa Cleared to Launch Two Global Multi-Asset Funds
Weekly Digest

Absa Cleared to Launch Two Global Multi-Asset Funds

Absa Bank Kenya‘s Absa Asset Management has received approval from Kenya’s Capital Markets Authority (CMA) to launch two global multi-asset special funds, expanding its investment products as demand for diversified wealth management solutions grows. CMA regulator approved the Absa Global Multi-Asset

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PalmPay Eyes Hong Kong IPO as It Pursues Global Expansion
Weekly Digest

PalmPay Eyes Hong Kong IPO as It Pursues Global Expansion

PalmPay, an Africa-focused fintech is reportedly preparing for a potential Hong Kong initial public offering (IPO), according to a Bloomberg report, as the fintech looks to raise fresh capital to support its international expansion and strengthen its position in emerging markets. PalmPay is reported

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Peach Cars Raises $4 Million to Expand Kenya Operations
Weekly Digest

Peach Cars Raises $4 Million to Expand Kenya Operations

Kenyan used-car marketplace Peach Cars has secured approximately Sh517 million (¥600 million/US$4 million) in debt financing from Japan Finance Corporation (JFC) and Shoko Chukin Bank, strengthening its balance sheet as it accelerates expansion across Kenya. The financing comes just over a year afte

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Three Kenyan Startups Among 16 African, American Ventures Selected for ASME’s 2026 ISHOW Accelerator
Weekly Digest

Three Kenyan Startups Among 16 African, American Ventures Selected for ASME’s 2026 ISHOW Accelerator

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 developing solutions for agriculture, healthcare, mobility, food stor

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How Medwaka rebuilt itself into an emergency response platform
Weekly Digest

How Medwaka rebuilt itself into an emergency response platform

Medwaka is an emergency response platform that connects patients experiencing medical emergencies with nearby hospitals, ambulances, and trained first responders through a mobile app.

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