Startups Selected for Google Accelerator Africa Cohort 8

Google has announced the 8th cohort of its Google for Startups Accelerator Africa program, spotlighting ten groundbreaking startups from Kenya, Nigeria, Rwanda, and South Africa. This year’s cohort was selected from nearly 1,000 applications, underscoring the program’s rigorous selection process and its commitment to fostering innovation across the continent.

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Kaspersky Adds AI Module to Security Platform

Kaspersky has introduced a new AI-focused module within its Kaspersky Automated Security Awareness Platform (ASAP), designed to equip professionals with the skills needed to tackle AI-driven cyber threats. This launch addresses the growing need for enhanced cybersecurity training related to artificial intelligence.

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CMA Considers USSD Code for Easier Market Access

The Capital Markets Authority (CMA) is exploring the development of an Unstructured Supplementary Service Data (USSD) code to enhance market access for local investors lacking internet connectivity. This initiative aims to address a significant barrier for domestic investors by providing mobile-based access to capital market brokers, products, and information.

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Huawei Focuses on Africa with AI, Cloud, Data centers

Huawei, a leading global provider of ICT infrastructure and smart devices, has committed to leveraging its digital transformation experience to boost business intelligence across Africa. During the recent Pan-African Data Centres Exhibition and Conference in Johannesburg, Dawei Li, Vice President of Huawei Sub-Saharan Africa, shared insights on the company’s role in advancing artificial intelligence (AI), cloud computing, and data center solutions.

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Intron Health Raises $1.6M in Pre-seed Funding

Intron Health, a pioneering Nigerian tech startup, has successfully raised $1.6M in a pre-seed funding round to enhance its speech recognition technology for healthcare workers in Africa. The funding round was led by Microtraction and included notable participation from Plug and Play Ventures, Jaza Rift Ventures, Octopus Ventures, Africa Health Ventures, OpenseedVC, Pi Campus, Alumni Angel, and Baker Bridge Capital. Additional support came from angel investors affiliated with global entities such as Google, CLEAR Global, NYU, and Optum.

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Visa Cardholders Can Win Carrefour Shopping Discounts

Visa has announced an exciting new partnership with Carrefour, offering Visa cardholders exclusive discounts and giveaways for weekend shopping. This initiative provides Visa cardholders with a chance to receive assorted giveaways for purchases worth KES 5,000 or more at participating Carrefour stores, or KES 500 savings on online orders of KES 4,000 and above through the Carrefour app. This promotion runs until August 18 for in-store purchases and September 15 for online orders.

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