Kenyan Startup Letaji Among the Startups Vying for $50,000 Equity Prize in 2023 MEST Africa Challenge
December 19, 2023
The MEST Africa Challenge (MAC) has unveiled its top 5 Regional Winners, with Letaji, a Kenyan startup revolutionizing the construction industry, taking center stage. The MAC, an Africa-wide pitch competition for early-stage technology startups, has…
Infinix Hot 40 Series officially Launched in Kenya
December 18, 2023
Infinix has officially launched the Hot 40 series in Kenya. This is one of the latest entry level smartphones from the company to launch in Kenya. The phone has been launched in Kenya just a…
Mdundo Introduces a Ksh 5 Daily Subscription Service
December 18, 2023
Mdundo has today announced the launch of a Ksh 5 daily subscription option exclusively available to Safaricom subscribers. Mdundo started operations back in 2012. It has steadily expanded and now boasts over 29 million monthly…
eFinance Partners with Software Group to Promote Financial Inclusion in Egypt
December 18, 2023
e-finance Investment Group has signed a Memorandum of Understanding (MOU) with Software Group to encourage the adoption of digital financial technologies, agent banking, along with cloud computing services and artificial intelligence. The MOU, which was signed…
Paymentology appoints Jeff Parker as CEO
December 18, 2023
Paymentology has announced the appointment of its new CEO Jeff Parker, who will be succeeding the interim Co-CEOs Abe Smith and Angy Watson. Jeff is a leader in the global fintech & financial services arena….
Interview on Binance's Commitment to Combating Crypto Crime
December 17, 2023
In a recent interview with Deputy Head of Financial Crime Compliance at Binance, Nils Anderson Röed, and Head of Law Enforcement Training, Jarek Jakubcek, I got some key insights into Binance’s proactive approach to combating…
South Africa's Parcel Shipping Platform, TUNL, Raises $1 Million in Pre-Seed Funding
December 16, 2023
TUNL has secured $1 million in pre-seed funding from Founders Factory Africa, Digital Africa Ventures, E4E Africa, and Jozi Angels. The funding will be used to accelerate the company’s growth in its beachhead market of…
Techstars Announces 12 new investments through ARM Labs
December 15, 2023
Techstars has announced its second cohort of 12 companies to participate in its pan-African accelerator program in partnership with Lagos-based innovation program, ARM Labs. Following a successful inaugural program, the ARM Labs Lagos Techstars Accelerator will build…
Jumia Food to Cease Operations This Month Due to Low Sales
December 14, 2023
Jumia Food, the food delivery arm of the e-commerce giant Jumia, is set to cease operations this month. For years, Jumia Food has competed with companies such as Glovo, Uber Eats, and Bolt Food. These…