M-Pesa Userbase Surpasses 34 Million Users
December 5, 2024
M-Pesa, Safaricom’s mobile money platform, has surpassed 34 million subscribers. The company announced this today revealing the milestone was achieved back in November. With 34 million subscribers, Safaricom is one of the leading mobile money…
Microsoft and NVIDIA Partner to Drive AI Startup Growth in Africa
December 5, 2024
Microsoft, through the company’s Africa Transformation Office (ATO), has unveiled an initiative that will accelerate advancements in artificial intelligence (AI) and foster collaboration between startups and industry leaders. The initiative will also mark the launch…
Binance & AltSchool Africa partner to empower Africa’s young talent with scholarships
December 5, 2024
Binance has announced a partnership with AltSchool Africa to provide full-tuition scholarships to 500 young Africans. Kicking off in January 2025 to 31 December, this collaboration is aimed at addressing the digital skills gap in…
Samsung Expands its Presence in Kenya with Meru’s First Experience Store
December 5, 2024
Samsung has launched its first ever experience store in Meru today. The store, dubbed Generations, is located in Greenwood City Mall. This move by Samsung is aimed at ensuring technology penetration, and access to quality…
Visa Fintech Accelerator's Second Cohort Concludes With Demo Day in South Africa
December 4, 2024
Visa has concluded the Demo Day for the second cohort of the Visa Africa Fintech Accelerator program. This event was held in Cape Town, South Africa on December 2nd. At the event, 23 fintech startups…
The OPPO Find X8 is Now Available in Kenya for Ksh 140,000
December 4, 2024
OPPO Find X8 has officially launched in Kenya and is available across the country for Ksh 140,000. This is currently the most expensive phone from the company in the country and was launched globally on…
Vertiv Launches PowerUPS 9000 for Large Data Centres
December 4, 2024
Vertiv has introduced the Vertiv PowerUPS 9000, an energy-efficient, high-power density uninterruptible power supply (UPS) system with a compact footprint. The system is engineered to support IT applications from traditional computing to high density applications. It is…
AERC’s 61st Biannual Plenary Session Highlights Africa’s Role in the FinTech Revolution
December 4, 2024
The African Economic Research Consortium (AERC) hosted its 61st Biannual Plenary Session on 1st December 2024 in Nairobi, Kenya, under the theme “The FinTech Revolution in Africa.” The event, held in partnership with the Central…
Egypt's Nowlun Secures $1.7 Million Seed Funding
December 3, 2024
Nowlun, an Egyptian digital freight forwarding platform, has announced it has raised $1.7 million in seed funding. The round was led by Nama Ventures and A15, with participation from Sanabil 500 Global and prominent angel…