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Guidelines to be developed to address the unique challenges of African food markets
The African Union (AU) and the International Livestock Research Institute (ILRI) have joined forces to produce the first framework for addressing the unique challenges faced by a vital but often overlooked informal food sector.
[Column] Christopher Saul: AI and open innovation - How to turbocharge sustainability in East Africa
Africa Business Communities launches operations in the Middle East
Africa Business Communities, a Digital B2B Publisher that enables companies and organizations to connect with African Business Professionals has launched its services in the Middle East as it seeks to tap into the growing economic opportunities and investors’ appetite towards those opportunities.
[Interview] Jonathan Muriuki, Regional Director, Global EverGreening Alliance’s Restore Africa programme
On May 22 when the world celebrates The International Day for Biological Diversity, a day to increase awareness and understanding of issues around biodiversity, Jonathan discusses the importance of the day.
[Free Webinar] E-commerce Evolution: The Future of Finance with Digital Payments in Africa
Join this insightful webinar focused on mastering cross-border payments in Africa's dynamic e-commerce landscape.
AI startup vflok connects caregivers to make shift scheduling a human-centered experience for nurses
IFC invests $10.5 million in new 4DX Ventures Fund to support tech startups in Africa
Africa is among the regions least served by venture capital, receiving just 2% of global venture deal volume in the third quarter of 2023.
Orange launches Social Venture Prize in Africa and the Middle East to encourage entrepreneurship
Since 2011, the OSVP prize has been rewarding innovative start-up projects that use and develop new technologies to make a positive impact in Africa and the Middle East
[Column] Kevin Ng'ang'a: E-commerce can create a borderless and efficient market for Africa
One area that has the potential to create a borderless and efficient market as envisioned by AfCFTA is Africa’s e-commerce space which Statista estimated hit the $40 billion-mark last year.
Conference discusses the role of nature-based solutions in healing the planet
The Global EverGreening Alliance in partnership with the Government of Zambia, AFR100, and AUDA-NEPAD has convened a global conference bringing together global thought leaders and action-takers to deliberate and come up with actionable strategies to tap into the potential of nature to address challenges.
SaaS startup Axle raises $1.5 million in pre-seed funding to revamp Wall Street industry
Axle, a SaaS startup focused on modernizing corporate access on Wall Street, has announced the successful close of $1.5M in pre-seed funding.
ImpriMed raises $23 Million Series A Round to expand its AI-powered cancer treatment tech
The funding will enable ImpriMed to expand its revolutionary drug response prediction technology beyond veterinary medicine into human oncology, increase headcount, and broaden its business development and research and development pipeline.
[Free Webinar] Accelerating FX Success: Expansion Strategies for Marketing Agencies in Eastern, Western Africa
This event is tailored for marketing executives and CFOs looking to gain actionable insights into international expansion, building a global clientele and establishing strong online presence.
Christine Namara joins Flat6Labs as partner for Africa Seed Fund
In a strategic move to strengthen its existing footprint in the vibrant African startup ecosystem, Flat6Labs, the seed venture capital firm in the MENA (Middle East and North Africa) region, has appointed Christine Namara as Partner for its Africa Seed Fund.
Global mobility firm inDrive launches venture targeting startups
inDrive, a global mobility and urban services platform, has announced the launch of a new venture and M&A arm aiming to invest up to $100 million in promising startups.
Kenyan climate tech startup Amini raises $4 million seed funding raises to accelerate growth into new sectors
Amini’s successful raise follows a $2 million pre-seed funding round that closed in March 2023. The pre-seed round was led by Pale Blue Dot, backed by Superorganism who also participated in this seed round alongside new investors such as Satgana.
Quantum Systems secures €63.6m to bolster European resilience through aerial intelligence
Quantum Systems has announced the completion of €63.6m Series B funding.
RespirAI partners with Mayo Clinic to develop AI respiratory platform
RespirAI Medical has entered into a collaboration with Mayo Clinic for developing a wearable AI-based home monitoring platform for respiratory diseases.
Cerebrum Tech secures $1.8m investment to accelerate growth of Generative AI
Cerebrum Tech has secured an investment of $1.8m, valuing the company at $15m.
Cohere taps NetSuite to scale business processes, meet global AI demand
Cohere has selected NetSuite to support its mission to empower enterprises.
Reality Defender secures $15m Series A funding to detect text, video and image deepfakes
Reality Defender announced it has raised $15 million in Series A funding.
AI solutions provider Meeranda joins NVIDIA Inception
Meeranda, an AI solutions provider, announced it has joined the NVIDIA Inception.
Kuramo Capital to invest $150m in women-led startups in Africa
Kuramo Capital Management has announced plans to invest $150m in female-led enterprises.
KindWorks.AI raises $1.5m funding to revolutionize workplace culture using proven power of Kindness
KindWorks.AI has closed an oversubscribed pre-seed round over $1.5m.
Mobility startup Treepz launches insurance program for car rentals in Africa
Treepz is introducing an insurance program for car rentals in Africa.
Finnish energy tech startup Capalo AI raises €500K to accelerate growth
Capalo AI has raised €500K funding to further develop its virtual power plant.
Sony launches Sony Innovation Fund Africa
Sony has launched ''Sony Innovation Fund: Africa" to support the growth of the entertainment businesses in Africa.
Intento secures $8m Series A funding to enhance multilingual GenAI capabilities
Intento announced a $8 million Series A funding round led by Somersault Ventures.
[Column] Christopher Saul: Kenya’s AI revolution can happen with the IT you already have
AI is set to become the most prolific and impactful technology trend in the world.
Vyzer secures $6.3m seed funding to transform wealth management with AI
Vyzer, a digital wealth management platform, has raised a seed round of $6.3m.
Vistry unveils conversational AI platform LumoChat for food commerce
Vistry has announced the launch of its Conversational AI platform, LumoChat.
Aampe secures $7.5m to accelerate AI-driven customer engagement
Aampe the AI-native user engagement platform, announced a $7.5m pre-series A funding round.
Romanian AI startup Creatopy raises $10m to scale its creative automation platform
Creatopy, the AI-driven creative automation platform, has raised $10m Series A funding.
BFA Global, FSD Africa and IUCN launch Africa Blue Wave to support tech startups
BFA Global, FSD Africa, and IUCN have launched the Africa Blue Wave.
Mews acquires hospitality startup Nomi to accelerate AI guest experiences
Mews has announced its acquisition of Nomi, a Nashville-based hospitality startup.
Japanese semiconductor firm EdgeCortix closes $20m to accelerate AI capabilities
EdgeCortix announced the closing of a $20m funding round.
Stanley Capital Partners announces first resource efficiency investment with Roboyo
Stanley Capital Partners has announced a strategic investment in Roboyo.
London-based startup Unitary raises $15m for AI-driven content moderation
Unitary has raised $15m in a Series A round to scale its AI video classification technology.
Prompt AI raises $5m seed funding to revolutionize computer vision
Prompt AI, a startup harnessing the power of large language models to democratize access to computer vision, raised $5m seed funding.
Israeli AIOps startup Senser launches with $9.5m to disrupt legacy observability technology
Senser has emerged from stealth with $9.5m in seed funding.
South African payments startup Revio raises $5.2 seed round to grow coverage across Africa
Revio has announced a seed investment round of $5.2m.
UnitX raises $5m to elevate manufacturing quality with AI-powered defect detection
UnitX has announced a $5m investment from SE Ventures.
AI testing startup Kolena secures $15m Series A investment to accelerate growth
Kolena has secured $15 million in a Series A funding.
AI-powered startup Giftpack closes $4.3m seed round to streamline corporate gifting
Giftpack AI announced the completion of its seed round led by Chang Hai Lin.
Swedish startup QA.tech raises $1m pre-seed round to revolutionize software testing
Swedish startup QA.tech has raised $1m in pre-seed funding round.
Unlocking the future of drug discovery with AI, BBC Research
BCC's newly released report unveils the extraordinary impact of AI on pharmaceutical and biotech sectors.
Techstars invests in ILUMA AI, the AI copilot for C-levels and team leads
Techstars, a pre-seed and early stage venture capital firm, has announced its investment in ILUMA AI.
Google for Startups Growth Academy: AI for Health unveils the 2023 cohort
The Google for Startups Growth Academy: AI for Health has unveiled its 2023 cohort.
IFC invests in e-Commerce platform ANKA to support Africa’s creative Artisans
IFC has invested $3.4m equity investment in African e-Commerce platform ANKA.
Genus AI secures over $6m seed extension round for Generative AI in e-Commerce
Genus AI, a generative AI platform, has secured over $6m in a seed round extension
Unitus Ventures, Capria Ventures unite to create Global South VC powerhouse
Unitus Ventures announced it is joining forces with its US affiliate Capria Ventures.
[Column] Sandi de Souza: Why top-performing companies use AI to boost procurement
Leading organisations are augmenting their source-to-pay processes with AI
Flapmax announces 12 African startups selected for FAST Accelerator program
Flapmax announced the twelve companies selected for FAST Accelerator program.
HealNow secures $5.5m seed funding to transform pharmacy payments experience
HealNow has announced a $5.5m seed round led by Bonfire Ventures.
AI will create more jobs than it replaces, report
Amid rapid digital transformation across the workforce, nearly two-thirds of business leaders believe AI will spur the creation of new jobs.
HiddenLayer raises $50m Series A funding to safeguard AI
HiddenLayer, the security provider for AI models and assets, has raised $50 million in Series A funding.
7Rivers launches in Milwaukee with Snowflake partnership
7Summits Founder Paul Stillmank and industry veterans have announced the launch of 7Rivers.
Generative AI startup Yurts raises $16m Series A funding to accelerate growth
Yurts announced a $16 million Series A to support its acceleration into the market.
Helsing raises €209m Series B to bolster defence AI capabilities for democracies
Defence AI company Helsing, announced it has raised €209m Series B funding.
50 African women to benefit from fellowship on agri food policies
The two-year career development program aims to grow a pool of confident and capable mid-career African women to lead policy changes to improve African smallholders’ livelihoods, particularly women.
Montreal startup Urbanoid files patent for AI solution based on location intelligence
Urbanoid has developed an innovative technology for marketers to target ads.
Touring Capital launches to invest in next-gen early growth stage SaaS startups
Venture Capital Veterans announced the launch of Touring Capital.
Treefera secures $2.2m to revolutionize carbon offsetting through AI-driven transparency
Treefera announced the successful closure of a $2.2 million pre-seed funding round.
Mythic Protocol raises $6.5m to build the world first collaborative entertainment
Mythic Protocol has closed an oversubscribed $6.5 million seed round.
London-based Q-Bot secures €4m to drive expansion in Europe and the U.S.
London-based Q-Bot has raised €4 million to insulate people’s homes with robotics and AI.
Catalyst Fund marks its first close to back climate tech startups in Africa
The Catalyst Fund has reached the first close of its targeted $40m fund.
South Korean edtech startup Mathpresso secures $8m to accelerate growth
Mathpresso has raised $8m from Korea's telecom giant, KT.
YC-backed Hadrius raises $2m seed round to power SEC compliance using AI
Hadrius has secured $2m in seed funding to automate SEC compliance.
AWS Senior Principal Mike Spertus joins Generative AR startup Enklu as CTO
Enklu has announced the appointment of Mike Spertus as the new CTO.
Agetech startup Blooming Health raises $4.2m to power healthy aging-in-place
Blooming Health announced the close of an oversubscribed $4.2m seed round
[Column] Vignesh Subramanian: Harnessing Generative AI in the enterprise
AI has certainly been hitting the headlines in 2023.
Taurean Surgical secures funding to democratize robotic surgery in emerging markets
Taurean Surgical has announced a significant pre-seed funding round.
Explainable-AI startup ZAC achieves precise 3D descriptions of objects for US Air Force
ZAC has achieved precise 3D descriptions and measurements for US Air Force.
[Column] Marcel Bruyns: AI is getting smarter and critical infrastructure is set to benefit
AI has emerged as a defining trend in today's business arena.
Harmonya raises $20m Series A to transform CPG and retail with AI-powered product data
Harmonya announced a $20m Series A, bringing total funding to $25 million.
[Column] Dong Won Lee: Tech innovations should enrich the total customer experience
New technologies are now ingrained in our lives.
Rockset raises $44m in funding to power search, analytics, and AI applications
Rockset has raised $44 million bringing total capital raised to $105 million.
Miri announces first-of-its kind AI health and wellness platform
Miri, the first-of- its-kind AI health and wellness platform, has announced its public beta launch.
One Campaign urges African leaders to elevate policy changes to tackle climate change
The One Campaign is urging all leaders to use this pivotal moment to unite around a shared pan-African agenda – one that brings justice and prosperity.
African fintech startup Lipa Later gets greenlight for public fundraising in US
Lipa Later Group is a global trailblazing innovator recognized as one of Africa's Fastest-Growing Fintech Companies by the Financial Times that continues to reshape the finance, payments, and e-commerce landscape in Africa.
Startup Chai offers salary of $875K to compete with OpenAI for Generative AI talent
Chai Research is offering salaries exceeding $875K to compete with OpenAI.
South Korean Naver-backed AI startup Crowdworks to go public
Crowdworks will be listed on the Korean KOSDAQ market via SPAC merger.
Inside the mind of an expert: Fintech AI predictions for 2023, Plug and Play
AI has revolutionized fintech by enabling innovative solutions.
[Column] Richard Shaw: AI-ready cloud - How hyperscalers empower businesses to thrive in the digital age
Cloud computing has undergone evolution.
MEST Africa Challenge Startup Pitch Competition applications open
MEST Africa has opened applications for its 2023 Challenge Startup Pitch Competition for African startups.
Munich-based Aily Labs raises €19m Series A round to accelerate growth
Aily Labs has raised €19 million in a Series A round
Mendoza Ventures launches Mendoza Impact to close the diverse founder funding gap
Mendoza Ventures has launched a new non-profit, Mendoza Impact.
Meet Kuushy: Sit your way to better health
Poor posture can lead to a whole range of problems – from neck and back pains to even heartburn and constipation.
Irys Insurtech closes $3.5m seed round to take on legacy competitors
Irys Insurtech has closed a seed funding round of $3.5 million.
Industry veterans launch cybersecurity startup Vigiles
Former Trustwave executives have launched a cybersecurity startup, Vigiles.
Human-like AI Meeranda is now a part of Microsoft for Startups Founders Hub
Meeranda announced its acceptance into the Microsoft for Startups program.
Holland Capital fuels conversational commerce advancements, invests in Conversation24
Holland Capital has announced an investment in Conversation24.
Nigeria's Treepz among startups selected for 2023 VC4A Venture Showcase Africa
Treepz hes been selected to participate in VC4A Venture Showcase Africa.
Google launches AI First accelerator program for African startups
Google has announced the launch of a new accelerator program to support AI startups in Africa.
BingX invests in AI and Web3 startup Moonbox to accelerate growth
BingX has invested in Moonbox, a pioneering AI and Web3 startup.
[Column] Ololade Odunsi: Global tech job cuts - what African techies can do to thrive
There have been nearly 160,000 Layoffs among US tech companies.
[Column] Mukesh Bector: How Augmented Reality is transforming print technology
The journey of print technology has been nothing short of remarkable.
Berlin-based startup Mercanis raises $10m to boost savings for procurement teams
Berlin-based startup Mercanis announced the completion of $10m seed funding.
Marqo secures $5.2m to bring continuous-learning vector search to businesses
Marqo, the startup enabling AI-powered search, has closed $5.2m seed investment.
Oslo-based AI startup Deckmatch secures €1m funding to accelerate growth
Oslo-based AI startup Deckmatch has successfully raised €1m funding round.
Swedish SaaS startup CodeScene raises €7.5m financing round to accelerate growth
Swedish SaaS startup CodeScene has successfully raised €7.5m financing round.
[Research] Generative AI has become an emerging risk for enterprises
The availability of generative AI became a top concern for enterprise risk executives.
Proptech AI startup Zenerate partners with SoLa Impact to automate affordable housing developments
Zenerate has partnered with SoLa Impact.
AI chat startup Chai announces $205m valuation
Chai, the AI chat entertainment platform, has announced a $205 million valuation.
AI data startup Virtualitics closes $37m Series C funding round
Virtualitics, announced that it has raised $37 million in a Series C financing.
sewts raises €7m to shape the future of robotics, automation in the textile industry
Munich-based deep tech startup sewts has closed €7m Series A financing round.
AI startup FeatureByte unveils self-service feature platform
FeatureByte announced the release of the FeatureByte self-service feature platform.
Preamble joins NVIDIA Inception to boost AI safety and risk mitigation for enterprises
Preamble announced it has joined NVIDIA Inception.
[Research] Closing the capital gap on impact investment in Africa
African fund managers face unique obstacles that impede their access to capital for social impact.
Haus raises $17m Series A funding to build the future of growth intelligence
Haus has announced $17 million in Series A funding led by Insight Partners.
Persist AI raises $4m seed financing to accelerate drug formulation
Persist AI announced the close of an oversubscribed $4 million financing round.
IVIX closes $12.5m Series A funding round to accelerate growth, combat financial crimes
IVIX, announced the closing of a $12.5m Series A funding round
OKX Ventures invests $1m funding round in Hong Kong-based AI and Web3 startup Moonbox
OKX Ventures has announced a $1m investment in Moonbox.
AI-enabled stealth startup Stackless Data raises $14m seed round to accelerate growth
Stackless Data has raised a seed round at a pre-money valuation of $14 million.
FAST Accelerator launches 2nd Cohort of AI program for African startups
Flapmax has launched the second FAST Accelerator program.
Kenyan healthtech startup Zuri Health secures additional investment from Marula Square
Zuri Health has secured additional investment from Marula Square.
Cyble secures $24m Series B funding to advance AI-powered threat intelligence solutions
Cyble announced a $24m injection of capital through Series B funding.
Nigeria's Remedial Health raises $12m to deliver financial services for neighborhood pharmacies
Remedial Health has secured $12m in an equity and debt funding round.
DBtune secures €2.4m seed funding to revolutionize AI-based database optimization
DBtune has successfully closed €2.4 million seed funding round led by 42Cap
Blackbaud invests in generative AI startup Momentum for social impact
Blackbaud announced a strategic investment in Momentum.
[Column] Hani Raad: Dedication, innovation, and education - the recipe for Africa’s digital prosperity
Africa has come a long way in terms of digital innovation and adoption.