Africa
LG Strengthens East African Technician Skills as Smart Appliances Raise Demand for Technical Expertise
LG Electronics is strengthening its technical and after-sales service capabilities across East Africa as increasingly sophisticated consumer appliances raise the skills required to install,...
Egypt’s Tanmiya Capital Raises $130m Fund with EIB, IFC and EBRD Backing to Scale Local Businesses
Egyptian private equity firm Tanmiya Capital Ventures (TCV) has raised $130 million for its second investment fund, exceeding its $120 million target with backing...
Kenya, Uganda Turn to Technology to Boost Cross-Border Tourism and Unlock New Business Opportunities
Kenya and Uganda are strengthening efforts to transform cross-border tourism into a driver of economic growth, with digital platforms, data-driven destination management and youth-led...
Investable.Africa Launches Platform to Connect African Startups to Investors Globally
African startup funding platform Investable.Africa has launched in open beta, offering entrepreneurs access to a database of more than 4,000 global investment firms. It...
PHP Nightmare: How to defend your critical system
This week, tension has been high in the cybersecurity world following the discovery of a serious vulnerability that can render web servers inoperable, disrupt...
Madica Secures Additional $6 Million to Back 30 More African Startups in Three-Year Extension
Africa-focused pre-seed investment programme Madica has secured an additional $6 million commitment from Flourish Ventures to extend its investment pilot by three years, targeting...
Ugandan Startup XenFi Expands Across Africa After Building Profitable Wi-Fi Management Platform
Ugandan technology startup, XenFi, is expanding its footprint across Africa after developing a digital platform that helps internet service providers (ISPs) and Wi-Fi hotspot...
Why Nigerian BNPL Startup Klump Shut Down Despite Raising $1.2 Million and Partnering with Jumia
Nigeria’s buy now, pay later (BNPL) startup, Klump, has shut down after struggling to secure sustainable funding for its lending operations, highlighting the financial...
Tanzania’s Medikea Raises $1.2m to Expand Healthcare Network, Targets 100K Patients
Tanzanian health technology startup Medikea has raised US$1.2 million in pre-seed funding to expand its integrated healthcare network, strengthen its digital platform and introduce...
Kenyan EdTech Startup StudyLabAI Attracts 90,000 Learners Across 100 Countries Without External Funding
Kenyan education technology startup StudyLabAI has attracted more than 90,000 learners across over 100 countries by using artificial intelligence to transform students’ lecture notes,...
Egyptian AI Startup Tactful Secures Investment from Former e& CEO Hatem Dowidar
Egyptian agentic artificial intelligence (AI) customer experience startup Tactful AI has secured investment from Hatem Dowidar, former group chief executive of e&, as it...
Bamidele Waliyat Temitope Wins Bronze at SAAB Tech Hub Challenge With AI-Powered FarmFix Concept
Bamidele Waliyat Temitope, a budding Product Designer, has emerged as a Second Runner-Up (Bronze Medalist) in the SAAB Tech Hub Independence Day Challenge. With FarmFix,...
