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…
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…
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…
Veeam, in collaboration with ITWeb, is set to host an exclusive webinar designed for Africa’s data management, risk, and IT security leaders. Scheduled for October 15, the session will unpack strategies tailored to the unique challenges faced by African enterprises as they embrace cloud adoption at scale. The focus will be on building resilience through…
Safaricom Ethiopia has officially launched TechStart, a groundbreaking nationwide programme aimed at training 125,000 young Ethiopians in cloud technology skills over the next three years. Supported by Amazon Web Services (AWS) and Vodacom, the initiative is designed to accelerate Ethiopia’s digital economy while positioning the country as a key player in Africa’s broader technology revolution….
Mastercard has announced a strategic collaboration with Hillcroft (mTek), an innovative insurtech company, to launch embedded insurance solutions across East Africa. This partnership marks Mastercard’s entry into the embedded insurance space in the region and is designed to directly integrate insurance products into its consumer and SME card offerings. The initiative represents a significant step…
Telecom Egypt has announced a significant leadership transition with the appointment of Tamer El Mahdi as its new Managing Director and Chief Executive Officer. El Mahdi succeeds Mohamed Nasr, who has stepped down from both his executive role and his position on the Board of Directors. The Board has also approved the resignations of Mohamed…
OpenAI is once again set to disrupt the digital landscape with the development of a groundbreaking short-form video app that reimagines the TikTok-style experience. Unlike traditional platforms that thrive on user-uploaded content, this new app will rely entirely on AI-generated videos powered by OpenAI’s latest text-to-video model, Sora 2. The concept introduces a feed of…
