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Published: 06-04-2018 16:44:00 | By: Nico Scherphuis | hits: 3911956 | Tags:

UAE-based digital assets startup Fuze raises $14m seed round
Published: 20-09-2023 | 13:34:00 | By: Pie Kamau
Fuze has unveiled a record-breaking seed round of $14 million.


Cardinality raises $12.5m Series B financing to expand market coverage, accelerate growth
Published: 19-04-2023 | 15:16:00 | By: Pie Kamau
Cardinality.ai, a government-technology focused AI SaaS solution provider, announced a $12.5 million Series B investment led by Boathouse Capital, along with other investors.


Institutional on-chain finance startup Fractal raises $6m seed funding to accelerate growth
Published: 19-04-2023 | 14:59:00 | By: Pie Kamau
Fractal, an infrastructure provider enabling institutions to clear, settle, and margin digital asset trades on-chain, announced it has secured $6 million in financing led by Hack VC.


Artificial intelligence: Africa takes up the subject
Published: 19-04-2023 | 13:55:00 | By: Pie Kamau
As AI systems like ChatGPT begin to disrupt our daily lives, the global race for innovation is accelerating. The biggest advances are taking place in the United States, China and Europe.


French-African Fund 2 completes final close at over €50 million
Published: 19-04-2023 | 13:45:00 | By: Pie Kamau
AfricInvest announced a final close of the French African Fund II (FFA II), the successor fund to the French African Fund (FFA), having raised over €50 million of subscriptions.


The evolution of cryptocurrencies - a look at how blockchain technology is going mainstream
Published: 19-04-2023 | 13:32:00 | By: Pie Kamau
Cryptocurrencies have been around for over a decade now and have come a long way since their inception.


[Interview] Anne-Marie Chidzero, Chief Investment Officer, FSD Africa
Published: 18-04-2023 | 16:31:00 | By: Pie Kamau
Anne-Marie Chidzero is the Chief Investment Officer at the Financial Sector Deepening Africa (FSD Africa) Investments. In this interview, she talks about the risks and opportunities in backing Africa’s early-stage startups.


[Column] Alp Tilev: Why the transition to e-mobility in Africa must be expedited
Published: 18-04-2023 | 16:18:00 | By: Pie Kamau
Historically, Asia has been the birthplace of motorcycles. China, India, Indonesia, and Vietnam are the world's four largest motorcycle markets. The continent is home to roughly 58% of all motorcycles in the world.


[Column] Hardeep Sound: Close the tech skills gap to unlock East Africa’s economic growth
Published: 18-04-2023 | 16:06:00 | By: Pie Kamau
Is a lack of tech skills hampering East Africa’s economic growth? The World Bank data suggests that the digital economy contributes more than 15% of total global GDP.


Gate Pay partners with CityPay.io startup to advance crypto payment adoption in Georgia and Europe
Published: 18-04-2023 | 15:55:00 | By: Pie Kamau
Gate Pay, the crypto payment service product by the global leading CEX Gate.io, announced a strategic partnership with CityPay.io, a fast-growing crypto payment startup based in Georgia.


Climate tech startup nZero raises $16m Series A funding amid global call for accurate sustainability reporting
Published: 18-04-2023 | 15:44:00 | By: Pie Kamau
nZero, the near real-time carbon management and accounting platform, announced it has closed a $16 million Series A funding round.


AlphaSense raises $100m to fuel innovation in AI and market intelligence
Published: 12-04-2023 | 15:20:00 | By: Pie Kamau
AlphaSense, the market intelligence and search platform, announced a $100 million addition to its $225 million Series D financing round at a $1.8 billion valuation.


GigaStar launches next gen funding experience for YouTube creators
Published: 12-04-2023 | 15:03:00 | By: Pie Kamau
GigaStar, a startup bringing Creators and Fans together as partners, announced that its next-generation marketplace launched in beta, offering YouTube Creators streamlined access to Fan funding.


GCPL to invest $12m in early-stage Indian consumer startups
Published: 12-04-2023 | 13:41:00 | By: Pie Kamau
Godrej Consumer Products Limited (GCPL), announced that it will be investing INR 100 Crore ($12 million) in Early Spring, a new INR 300 Crore early-stage consumer fund being set up by Spring Marketing Capital (Spring).


ABBANK accelerates banking transformation with Backbase Platform in Vietnam
Published: 12-04-2023 | 12:56:00 | By: Pie Kamau
Backbase, the global player in Engagement Banking, has partnered An Binh Bank (ABBANK) to transform the banking experiences for millions of Vietnamese customers.


Infobip launches Conversational Everything Blueprint to help brands meet evolving customer preferences
Published: 12-04-2023 | 12:33:00 | By: Pie Kamau
Global cloud communications platform Infobip has launched a new Conversational Everything Blueprint to enable brands embed conversational experiences for customer communications.


[Interview] James Kilpatrick, Chair, Gravitilab, UK
Published: 06-04-2023 | 11:33:00 | By: Bob Koigi
Gravitilab is a "Space as a Service" business providing research, testing and qualification facilities to space agencies, government, academia and commercial enterprises.


[Interview] Ramanjeet Singh, CEO, Woosper, USA
Published: 06-04-2023 | 11:30:00 | By: Bob Koigi
 Woosper is a US-based digital advertising and marketing agency focused on creating experiences that help clients discover their place in the digital world.


Belgian beverage startup Bar.on develops world’s first molecular beer printer
Published: 04-04-2023 | 16:44:00 | By: Pie Kamau
Bar.on, a Belgian beverage startup, has developed the world's first molecular beer printer, capable of creating multiple types of beer in seconds.


[Column] Chris Boshoff: Connecting the digital backbone
Published: 04-04-2023 | 15:34:54 | By: Pie Kamau
The Internet of Things (IoT) isn’t new, but it has simmered on the edges of innovation and transformation for years and now it has, as the World Economic Forum puts it, ‘quietly arrived’.


[Column] Gur Geva: Biometric attacks on the rise: the trends financial institutions need to be aware of in 2023
Published: 04-04-2023 | 14:14:00 | By: Pie Kamau
In the past year there has been a 149% increase in threat actors using emulators to attack mobile platforms. There has also been a 295% increase in novel face swaps.


Nigerian fintech firm Zone adopts ThetaRay AI Solution to screen payments
Published: 04-04-2023 | 14:00:00 | By: Pie Kamau
Zone (formerly Appzone) and ThetaRay announced they will collaborate to implement ThetaRay’s cloud-based SONAR solution to monitor and screen Zone’s transactions in Nigeria for illicit activities and sanctions violations.


Nigerian fintech startup Moni unveils new community-powered digital loans for African SMEs
Published: 04-04-2023 | 13:49:00 | By: Pie Kamau
Nigerian fintech startup Moni has launched a new range of business loans targeting SMEs in Africa.


MENA’s media & entertainment startup Minly acquires Dubai’s celebrity shoutout platform Oulo
Published: 08-12-2021 | 13:10:00 | By: Pie Kamau
Minly, the MENA region’s media & entertainment startup, announced the acquisition of Oulo, a Dubai-based celebrity shoutout platform focused on the Levant region.


French real-time engagement startup Sparkup expands in the Middle East
Published: 07-10-2021 | 12:59:47 | By: Pie Kamau
Sparkup, a French startup specializing in real-time engagement solutions, has chosen to expand in the Middle East and will introduce its latest innovations at GITEX and CABSAT in Dubai.


Proptech startup Nomad Homes raises $20m to digitize residential real estate across Europe, Middle East and Africa
Published: 30-09-2021 | 15:42:00 | By: Pie Kamau
Nomad Homes, a property technology startup that offers an end-to-end buyer experience for real estate across Europe, the Middle East and Africa, has closed a $20 million Series A funding round.


Shuttle-hailing startup SWVL completes $35.5m pre-funding to accelerate growth strategy
Published: 01-09-2021 | 12:44:00 | By: Pie Kamau
SWVL, a Dubai-based provider of transformative mass transit and shared mobility solutions, announced that several investors, including Agility and Chimera Abu Dhabi, have completed the pre-funding of $35.5 million of the aggregate PIPE subscription.


Middle East startup Workfam joins disruptive tech portfolio of GELLIFY and Azimut
Published: 27-07-2021 | 12:20:00 | By: Pie Kamau
UAE based startup, Workfam, the employee engagement SaaS platform that supports organizations with their mission to create a happy, healthy, and highly engaged workforce, has joined the portfolio of GELLIFY.


Orange launches venture capital arm, allocates €350 million
Published: 12-01-2021 | 16:29:44 | By: Bob Koigi
Orange has announced that its venture capital arm, Orange Ventures has become a separate legal entity with an increased allocation of 350 million euros.


Community app Malaeb joins MENA's sportstech accelerator, Vooora
Published: 01-12-2020 | 07:31:00 | By: Pie Kamau
Vooora Ventures, the first SportsTech Accelerator in MENA, powered by Kooora.com, the digital sports platform in the Arab World, signed an acceleration partnership agreement with Malaeb, a community app that connects people through sports.


African tech startups secure funding from Orange Ventures MEA Seed Challenge
Published: 19-11-2020 | 11:19:00 | By: Pie Kamau
Six African tech startups and one Jordanian startup have secured funding from Orange Ventures Africa & Middle East.


MENA healthtech startup Vezeeta expands into Kenya
Published: 02-11-2020 | 14:45:00 | By: Pie Kamau
Middle East and North Africa (MENA) healthtech startup Vezeeta has expanded its footprint into Kenya by launching a platform that will enable Kenyans access doctors from their smart phones.


Mastercard announces Fintech Express to empower Middle East and Africa fintechs to launch and expand rapidly
Published: 24-09-2020 | 16:49:00 | By: Pie Kamau
Mastercard has launched Fintech Express in the Middle East and Africa (MEA), a program designed to facilitate emerging fintechs’ launch and expansion.


Go Ignite partners seek 5G use cases in global call for startups
Published: 24-07-2020 | 12:39:00 | By: Pie Kamau
Following the success of its previous global calls for startups, Go Ignite, an alliance of four leading global telcos, has launched Go Ignite: 5G Open Call for Startups to engage startups or venture capital-backed companies.


Nomad Homes secures $4 million financing to build digital real estate platform for Europe and the Middle East    
Published: 14-07-2020 | 16:55:00 | By: Bob Koigi
Nomad Homes , based in Dubai, has closed a $4 million funding round that was led by Comcast Ventures and participated in by Abstract Ventures, Partech, Precursur Ventures, WndrCo and Class 5 Global.


EBRD, EU support Jordan based tech startup Abjjad
Published: 10-06-2020 | 16:53:00 | By: Pie Kamau
Tech startup Abjjad, the first Arabic social network for readers, authors, and bloggers in the Middle East has benefited from the EBRD Star Venture programme in Jordan and is also an Oasis500 accelerator beneficiary.


Orange Ventures launches MEA Seed Challenge to finance entrepreneurs of seed startups in Middle East and Africa
Published: 04-06-2020 | 14:20:00 | By: Pie Kamau
Orange Ventures launched the MEA Seed Challenge to give entrepreneurs in Africa and the Middle East the means to launch and develop their business.