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Skincare Startup Uncover Secures $1.4 Million Funding: Uncover, a Kenyan Skincare brand has closed a US$1.4 million seed II funding round to further build and express its innovative potential. The tech beauty brand will use the fund to build its…
She’s Next: Women in tech startups. Women entrepreneurs have faced a variety of challenges in achieving success. The challenges range from gender bias, and lack of funding, to limited access to networks. However, despite the challenges, women are breaking the…
Members of the United States Congress have submitted a resolution calling on the Nigerian government to immediately release Tigran Gambaryan, a Binance executive who has been detained since February 2024. The resolution urges the U.S. government to formally declare Gambaryan…
Zambia’s telecom sector is facing a critical challenge: prolonged power outages that are crippling its ability to deliver quality services. The Zambia telecom power challenges have become a major concern for the Global System for Mobile Communications Association of Zambia…
European venture capital firm Breega is making a major play for the African startup scene with the launch of its first Africa-dedicated fund, the Breega $75 million fund. This ambitious initiative aims to position Breega as a leading early-stage investor…
Huawei Africa Connect innovations: Huawei Africa Connect 2024, which took place in Johannesburg, brought together industry experts, key opinion leaders, and ecosystem partners from Southern Africa. The event was an avenue to discuss the construction of data infrastructure in the…
Bitcoin price post-Trump attempt: According to Reuters, Bitcoin surged to a two-week high on Monday following the attempted assassination of US presidential candidate Donald Trump. Analysts predicted it would increase the likelihood of him winning the US presidential election. Bitcoin…
OpenAI Reasoning Model: A new Open AI project code-named ‘Strawberry’ is stirring excitement in the AI community. According to Reuters, Project Strawberry represents OpenAI’s latest endeavor in enhancing AI capabilities. While details concerning the project are scarce, insider reports suggest…
Ethiopian state-owned telecom company Ethio Telecom announced strong financial results for the 2023/24 fiscal year, with a 22% in revenue growth and a 21% rise in net profit. The company’s revenue reached 93.7 billion birr ($1.63 billion), up from 77…
Sibanye-Stillwater Cyberattack: Sibanye-Stillwater’s global IT systems, a JSE-listed multinational mining and metals processing group, have been hit by a cyber attack. The company currently mines platinum and gold in South Africa and also operates a palladium mine in Montana, US.…
