P1 Ventures Secures $50M to Invest in African Startups
February 12, 2025
P1 Ventures – the early-stage, Pan-African VC – has completed the final close of its first $50 million institutional fund and welcomed African conglomerates, family offices, and partners at global VCs, alongside the World Bank’s…
Raenest Secures $11M Series A to Expand Cross-Border Banking for Africans
February 12, 2025
Raenest has announced the completion of its $11M Series A funding. The round was led by QED Investors, with participation from Norrsken22, alongside follow-on investment from Ventures Platform, P1 Ventures, and Seedstars. This equity-based capital injection brings Raenest’s total venture…
Swypt Announces Integration of cKES, Kenya’s First Decentralized Stablecoin, for Seamless Digital Transactions
February 12, 2025
Swypt, a leading digital payments platform, is excited to announce the integration of cKES, Kenya’s first decentralized stablecoin on Mento pegged 1:1 to the Kenyan Shilling. This groundbreaking integration allows users to seamlessly purchase, spend,…
Huawei DigiTruck Trains 6,000 Kenyan Youth with Digital Skills
February 11, 2025
Six thousand youth have benefited from the Huawei DigiTruck Initiative to date, marking a significant milestone in empowering the next generation of tech leaders with the digital skills required to thrive in today’s fast-evolving ICT…
Eskimi Upgrades AdTech Services in Kenya with Advanced AI-Powered Targeting
February 11, 2025
Last week, Eskimi, an end-to-end creative and media tech platform announced a modernization of its services in Kenya. With a strong focus on ad targeting solutions, Eskimi elevates the standard by introducing innovative, creative strategies…
Fostering a thriving African Startup ecosystem through collaboration
February 10, 2025
Gerald Maithya is the General Manager, Microsoft Africa Transformation Office In recent years, Africa has emerged as a vibrant hub of innovation, driven by a new generation of entrepreneurs who are leveraging cutting-edge technologies to…
LG Unveils PuriCare AeroHit
February 10, 2025
LG Electronics has announced the introduction of LG PuriCare AeroHit, an advanced air care solution designed to seamlessly integrate into any living space while delivering superior indoor air quality. Boasting advanced purification capabilities, convenient features…
LG Appoints Donghun Lee as New East Africa President
February 10, 2025
LG has announced Donghun Lee as its new President for East Africa (EA), effective immediately. He replaces Dongwon Lee, who has led the region since January 2023. Lee (Donghun) brings over two decades of experience…
StarkWare Launches $4 Million Venture Fund to Support African Blockchain Startups
February 10, 2025
StarkWare has announced the launch of a $4 million venture fund to support blockchain startups across Africa. The fund is led by Kheireddine Kamal, a seasoned African entrepreneur and investor. Kamal has worked with several…