Raxio Group has officially launched Angola’s largest data center, a US$30 million state-of-the-art facility located in Cacuaco, Luanda Province. Spanning 19,000 square meters with 3MW of installed IT capacity, the data center can host more than 800 server racks, more than doubling the nation’s existing capacity. This milestone positions Angola as a critical hub for…
NjiaPay has announced the appointment of fintech expert Mike McLaren as its new Chief Operating Officer, marking a major milestone in its mission to accelerate payment management solutions for online businesses across Africa. The appointment comes as part of NjiaPay’s strategic plans to expand its footprint on the continent and strengthen its offerings for South…
Network International and Magnati have officially completed a strategic merger under the ownership of a Brookfield-led consortium, forming a strengthened entity that will operate as Network International LLC. This development marks a major milestone for the financial services sector in the Middle East and Africa, uniting two regional leaders to create a fintech powerhouse with…
OKO, a leading ClimateTech and AgriTech startup, has secured a six-digit funding round led by Catalyst Fund, with the participation of two existing investors. This funding will accelerate the company’s commercial growth and further strengthen its mission to build economic resilience for millions of African farmers facing the growing threat of climate shocks. The announcement…
Nigeria has taken a groundbreaking step in artificial intelligence with the launch of N-ATLAS, a multilingual and multimodal large language model designed to support Yoruba, Hausa, Igbo, and Nigerian-accented English. Unveiled by Dr. Bosun Tijani, Minister of Communications, Innovation, and Digital Economy, during the 80th United Nations General Assembly in New York, this innovation underscores…
Tunisia’s startup ecosystem is set for a major boost with the launch of the 216 Capital Venture Accelerator, a groundbreaking initiative by Tunisian venture capital firm 216 Capital in partnership with Silicon Valley’s Plug and Play. This six-month program is designed to fast-track 20 promising Tunisian startups, equipping them with the funding, mentorship, and global…
The African Guarantee Fund (AGF) has partnered with the Visa Foundation to unlock new opportunities for women entrepreneurs across Africa through a $2 million grant dedicated to supporting women-led and women-owned SMEs. This strategic collaboration will strengthen the Affirmative Finance Action for Women in Africa (AFAWA) Guarantee for Growth program, a flagship initiative by the…
Ooredoo Group has announced a strategic partnership with Innovatix Systems LLC to expand and strengthen cybersecurity services across its global footprint. Operating in the Middle East, North Africa, and Southeast Asia, Ooredoo is taking a significant step to safeguard its customers’ digital assets in the face of rising global cyber threats. The collaboration reflects Ooredoo’s…
