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Ghana’s fintech lending platform Fido has successfully secured a total of $30 million in funding to enhance its operations and expand its reach across Africa. This investment includes $20 million in Series B funding from BlueOrchard, a global impact investment…
MIT researchers have recently released a study indicating that, despite the rapid advancement of artificial intelligence (AI), humans remain more cost-effective than AI in the majority of jobs. The study, conducted by a team at the Massachusetts Institute of Technology…
NCC Tariff Reforms: The Nigerian Communications Commission (NCC) has announced plans to introduce reforms aimed at enhancing tariff transparency in the telecommunications industry. NCC Tariff Reforms To Provide Better Services To Subscribers This initiative aims to deliver clear, accessible information…
Ilya Sutskever, the former chief scientist at OpenAI, has launched a new AI company called Safe Superintelligence. The company, with offices in Palo Alto and Tel Aviv, is focused on creating a safe and beneficial future for artificial intelligence. Sutskever…
Apple Mobile Service Satellites: SpaceX has been verified as the launch provider for Apple’s $1.5 billion mobile service satellite initiative in partnership with Globalstar. The satellites, part of the Extended MSS Network, are set to launch between April and September…
Nigerian FinTech company Risevest, has acquired Hisa, a Kenyan startup that enables users to invest in local and global markets. The acquisition will allow Risevest to operate in Kenya. Hisa is also the second investment by the Nigerian company in…
Yellow Malawi, a leading solar energy distribution company, has secured a $2 million investment from Acumen’s Hardest-to-Reach (H2R) initiative. The Yellow Malawi Energy Investment will allow the company to expand its inventory of solar home systems, providing energy access to…
The sole aim of a capital market is to make profits while providing quality services to its customers, and TymeBank has checked all the boxes on the aim of capitalism. TymeBank achieved a historical feat in December 2023 when they…
Xiaomi Kenya has officially launched the much-anticipated Redmi 14C, a budget-friendly smartphone designed to cater to the needs of Kenyan consumers. The Redmi 14C launch marks a significant addition to Xiaomi’s lineup, promising affordability without compromising on essential features. With…
In a move symbolizing a strategic shift and a vote of confidence in the African tech scene, ride-hailing behemoth Uber has made its first-ever investment in an African startup. The chosen partner? Moove, a pan-African mobility fintech company, challenging traditional…
