South African AI innovation is stepping onto the global stage as Locstat secures EUR2.5 million (US$2.3 million) in pre-Series A funding to accelerate its expansion into the United Kingdom and the European Union. This strategic investment, led by Portugal Gateway Fund (PGF) and ANZA Capital, will power Locstat’s go-to-market strategy and reinforce its position in…
Moniepoint Inc. has secured an additional US$90 million in fresh funding, bringing the total raised under its ongoing Series C round to US$200 million, solidifying its status as one of Africa’s most influential fintech powerhouses. This new capital injection was led by Development Partners International’s African Development (ADP) III fund with participation from global investors…
Google and the World Bank Group have announced a groundbreaking strategic alliance poised to accelerate digital transformation across emerging markets. This partnership represents a convergence of technology, finance, and philanthropy, with the shared vision of building accessible, AI-driven public digital infrastructure to bridge the global digital divide and ignite inclusive economic growth. By combining Google’s…
Hayo has officially launched a transformative end-to-end eSIM platform designed to empower mobile network operators (MNOs) to transition from legacy SIM infrastructure to a fully digital, eSIM-first model. This white-label solution enables telecom operators to deliver eSIM services under their own brand, accelerating time-to-market, enhancing customer ownership, and reducing the financial and logistic challenges associated…
Liquid Intelligent Technologies Zambia has taken a decisive step in empowering small and medium-sized enterprises by launching a new SME digital platform designed to accelerate growth, enhance competitiveness, and drive innovation. This initiative is a strategic contribution to Zambia’s broader digital transformation agenda, offering entrepreneurs a centralised portal that simplifies access to essential digital tools….
Bayobab, the digital infrastructure subsidiary of MTN Group, has entered a strategic partnership with US-based Seekr Technologies to accelerate the adoption of Artificial Intelligence-as-a-Service (AIaaS) across Africa. This collaboration aims to empower both public and private sector institutions with scalable, trustworthy AI solutions tailored to address digital governance, citizen engagement, public safety, and enterprise innovation….
Madica has taken a strategic leap in advancing Africa’s innovation landscape through its latest investment in two AI-powered startups from North Africa, expanding its mission to foster inclusive growth within underserved tech ecosystems. The selected startups, Anavid from Tunisia and Hypeo AI from Morocco, will receive up to $200,000 in funding and enter Madica’s intensive…
Akwa Ibom State is positioning itself as a leading hub for agricultural innovation with the launch of the Nigeria Climate-Smart Village Programme (CSV-P), a transformative initiative aimed at enhancing food security, boosting economic growth, and promoting environmental sustainability. Spearheaded by AgroGreen Dynamics in partnership with the Federation of Agricultural Commodity Associations of Nigeria (FACAN) and…
