Schneider Electric is empowering local IT solution providers in Nigeria to meet the growing demand for artificial intelligence by delivering AI infrastructure that is high-performing, secure, scalable, and sustainable. Through its EcoStruxure™ platform and AI-ready data centre solutions, the company is equipping Nigerian businesses across fintech, manufacturing, and telecommunications with the physical infrastructure necessary to…
Spotify is taking a significant step toward becoming more than just a music streaming platform by introducing an in-app chat feature, allowing users to talk directly with friends. Previously, music sharing largely happened through third-party apps like WhatsApp, Instagram, or Snap Inc., but the new feature aims to keep conversations and song sharing within Spotify’s…
Koolboks, an African-focused climate tech startup, has successfully raised $11 million to scale its solar-powered, IoT-enabled refrigeration units across the continent and other emerging markets. The funding round, a combination of equity and debt, was led by KawiSafi Ventures, with Aruwa Capital Management and All On reinforcing their support. Debt financing came from FFEM and…
Hassanein Hiridjee, founder and CEO of AXIAN Group, has officially joined Jumia Group’s Supervisory Board, according to a recent SEC filing. This move comes at a critical juncture for the e-commerce giant, coinciding with the resignation of Angela Mwanza, Managing Director at Rockefeller Capital Management. Hiridjee’s appointment signals Axian’s intent to play an active role…
Vertiv has announced the successful completion of its ~$200 million acquisition of the Great Lakes Data Racks & Cabinets family of companies, marking a significant step forward in expanding its portfolio of white space infrastructure solutions. Great Lakes, established in 1985 and headquartered in Edinboro, PA, is a leading manufacturer of innovative data rack enclosures…
Bboxx has announced the return of Justus Mucyo as its new Chief Operating Officer, marking a pivotal moment in the company’s mission to deliver clean energy and digital services across Africa. In this role, he will steer operational excellence and sustainable growth across Bboxx’s eight markets, collaborating closely with the Group CEO and country Managing…
Ghana is set to become Africa’s first AI-powered agricultural hub following a landmark $100 million investment from Degas, a global agri-tech firm. The announcement came after a meeting between President John Dramani Mahama and Degas CEO Doga Makiura in Yokohama, Japan. This strategic partnership underscores Ghana’s growing appeal as an innovation-driven investment destination and marks…
MTC Namibia has taken a historic step by officially launching its 5G network, making it the first operator in the country to roll out next-generation mobile technology. The service has gone live in Ongwediva, Swakopmund, Walvis Bay, and Windhoek, with a nationwide rollout planned over the coming months. This development signals the beginning of a…
