Accion Ventures has closed its second fund at $61.6 million, nearly doubling the size of its inaugural $33 million fund launched in 2019. This milestone highlights the growing confidence of global investors in Africa’s fintech ecosystem, even as Silicon Valley interest in the region cools. The fund is set to accelerate the next wave of…
Verto, a leading global B2B payments platform, has officially launched the Atlas Suite, a next-generation API-first embedded finance solution designed to simplify and power cross-border transactions. The suite is tailored for fintechs, digital marketplaces, and platforms that are looking to seamlessly scale across Africa and beyond. By integrating banking, foreign exchange, and payment services through…
The Invigilator, a South African ed-tech startup, has successfully raised ZAR195 million (US\$11 million) in funding to accelerate its global expansion. Founded in 2020, the company has quickly emerged as a leader in the field of online assessment integrity, leveraging artificial intelligence to combat cheating during remote exams and assessments. Its innovative solution uses students’…
Apple is preparing for one of its most significant updates to Siri since the voice assistant’s launch in 2011. According to Bloomberg, the company is working on an AI-powered overhaul set for release in spring 2026. At the heart of this transformation is a new feature internally known as World Knowledge Answers, designed to deliver…
Spotify has rolled out a new feature called Smart Filters, giving users more ways to personalize their listening experience. This feature allows Premium subscribers to filter their libraries by activity, mood, or genre, ensuring that playlists, podcasts, and audiobooks align with what they want to hear in the moment. With Smart Filters, users can even…
ABSA has strengthened its long-standing relationship with Amazon Web Services (AWS) by naming it its preferred cloud provider, a move that underscores the bank’s commitment to innovation, resilience, and customer-centric digital experiences. The partnership, which dates back to 2015, marks a major milestone in ABSA’s digital transformation journey, positioning the South African financial giant as…
Fawry, Egypt’s leading fintech company, has taken a new strategic step to strengthen its leadership in the digital payments sector by announcing a landmark partnership with CDS Solutions, Odoo’s certified Golden Partner in Egypt. This collaboration aims to directly integrate Fawry’s point-of-sale (POS) systems with Odoo’s POS platform, setting the stage for a more seamless…
Ngabwe District in Zambia’s Central Province has taken a historic step forward in bridging the digital divide with the commissioning of a new communication tower in Chief Munkumbwe’s Chiefdom, Lufubu Constituency. The launch, which took place on 7 September 2025, was officiated by the Minister of Technology and Science, Hon. Felix Chipota Mutati MP. This…
