Egyptian renewable energy startup Tagaddod has raised $26.3 million in Series A funding to accelerate its expansion across Africa, Asia, and Europe, while strengthening the global biofuel supply chain. The round was led by The Arab Energy Fund (TAEF), alongside strategic participation from FMO, Verod-Kepple Africa Ventures (VKAV), and A15 Ventures. The investment reinforces growing…
Google has announced a transformative initiative aimed at advancing higher education and AI literacy across Africa by providing university students with free access to its premium AI subscription, Google AI Pro, for 12 months. This program, available to eligible students aged 18 and above in Kenya, Ghana, Nigeria, Rwanda, South Africa, and Zimbabwe, will empower…
Cassava Technologies has reinforced its leadership in Africa’s digital transformation journey with the appointment of telecoms veteran Marco Gagiano as Global Head of Connectivity, effective September. The company announced that Gagiano’s appointment marks a strategic step towards strengthening its leadership team and accelerating its mission to become the continent’s leading provider of digital solutions. This…
The Central African Republic (CAR) has officially joined the Africa Finance Corporation (AFC), marking a significant milestone in its journey toward economic transformation and infrastructure development. With this addition, the AFC now counts 46 member states, further expanding its reach and impact across the continent. The Corporation also boasts over 47 shareholders, including sovereign states,…
AltSchool Africa, one of the continent’s leading edtech platforms, has announced the launch of its new Nano-Diploma, a flexible learning programme designed to give learners greater control over their learning pace. The initiative comes in direct response to feedback from students who felt the platform’s traditional 12-month diploma programmes did not deliver the level of…
Sophos, a global leader in cybersecurity, has unveiled Sophos Advisory Services, a new suite of proactive security solutions designed to help organizations identify, assess, and mitigate vulnerabilities before cybercriminals can exploit them. This initiative marks a significant step in empowering businesses to strengthen their cybersecurity posture, enhance compliance, and build long-term resilience against evolving digital…
Lisk, a leading growth platform for Web3 founders in high-growth markets, has launched the Lisk EMpower Fund, a $15 million venture initiative aimed at accelerating the growth of startups leveraging blockchain technology to solve real-world challenges in Africa, Latin America, and Southeast Asia. The fund targets early-stage Web3 companies developing practical applications in areas such…
Verto, the Nigerian-born B2B payments platform, has officially launched its operations in the United Arab Emirates (UAE), a move that signals a new era for African businesses engaging in trade with the Gulf region. With a strong track record of processing over $25 billion annually for global corporations such as Unilever and Maersk, Verto’s entry…
