Broadband Boost Reaches 10 African Countries

The AfricaBBMaps program has unveiled a groundbreaking €15 million funding initiative to enhance broadband mapping systems across eleven African countries from 2024 to 2027. The targeted nations include Malawi, Ivory Coast, Nigeria, Ethiopia, Kenya, Benin, Botswana, Zambia, Uganda, Burundi, and Zimbabwe. This initiative is set to revolutionize digital infrastructure and connectivity across the continent. Announced…

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Airtel Zambia, ZICB to Provide SMEs with Free Internet Devices

Airtel Zambia and Zambia Industrial Commercial Bank Limited (ZICB) have joined forces under a Memorandum of Understanding (MoU) to enhance the business landscape for Zambia’s Small and Medium Enterprises (SMEs). As part of this collaboration, Airtel will provide state-of-the-art 4G and 5G Internet devices to ZICB’s SME clients at no cost, contingent upon their registration for the bank’s Internet banking platform and commitment to monthly bundles.

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UNDP Plans $1B for Startup Hubs Across Africa

The United Nations Development Programme (UNDP) is embarking on a groundbreaking initiative to raise $1 billion in collaboration with African governments and private sector partners. This initiative aims to establish a network of 10 technology hubs across Africa, fostering innovation and supporting startup growth continent-wide.

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Innovate Africa Fund Launches with $2.5M Investment

Innovate Africa Fund, co-founded by Kristin Wilson and Christian Idiodi, has kicked off with an initial $2.5 million rollout to support early-stage startups across Africa. This sector-agnostic fund aims to nurture up to 20 startups in its first year, focusing on innovative solutions to tackle pressing challenges like insecurity, unemployment, and poverty through purpose-driven technology.

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Pumpkn Secures Funding to Boost African Agribusinesses

Pumpkn is revolutionizing agribusiness financing in Africa, securing funding from Renew Capital to address the critical funding gap that hampers the growth of agricultural small and medium-sized enterprises (agri-SMEs). By leveraging data for credit assessments, Pumpkn enables lenders to identify bankable businesses and manage loan portfolios, making agribusiness financing commercially viable and accessible.

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