Egypt-Based Fincart Raises $2.8 Million Seed Funding to Scale AI-Powered Logistics Platform Across MENA and Africa Egypt-based e-commerce technology startup Fincart has secured $2.8 million in seed funding to accelerate the expansion of its artificial intelligence-powered logistics and operations platform across the Middle East and Africa. The funding round was co-led by Launch Africa Ventures…
Paratus Group Appoints Neill Nortje as Country Manager of Paratus Zambia Pan-African telecommunications group Paratus Group has appointed Neill Nortje as the new Country Manager of Paratus Zambia, following the appointment of Marius van Vuuren as the group’s Chief Operating Officer. Nortje takes over leadership of Paratus Zambia after serving with the company for two…
Visa Expands Digital Payment Infrastructure Across Africa Through Visa Pay SDK Visa is expanding its Visa Pay platform across Africa, enabling more banks, mobile money operators and fintech companies to integrate digital payment services directly into their existing mobile applications. Through the Visa Pay software development kit (SDK), issuers can embed virtual cards and digital…
Safaricom Ethiopia has continued its strong customer growth trajectory, reaching 14.7 million active subscribers over a three-month period as of June 2026, reinforcing the operator’s path toward achieving EBITDA break-even by March 2027. The latest figures represent a 46.1% year-on-year increase from 10.06 million active subscribers recorded in June 2025 and an additional one million…
Egypt has officially launched the Public Shop Licensing System on the Digital Egypt platform, introducing a new digital service designed to simplify business licensing and accelerate access to government services for public shop owners. The platform, developed jointly by the Ministry of Local Development and Environment (MLD), the Ministry of Communications and Information Technology (MCIT),…
Morocco has signed a Memorandum of Understanding (MoU) with critical digital infrastructure provider Vertiv to strengthen collaboration on the country’s next phase of digital infrastructure development, supporting ambitions around cloud computing, artificial intelligence and sovereign digital capabilities. The agreement was signed in Rabat by Minister of Digital Transition and Administrative Reform Amal El Fallah Seghrouchni…
Inlaks has appointed Emmanuel Makina as Regional Head of Infrastructure Sales, strengthening its leadership team as the company continues to expand its technology infrastructure business across Africa. Makina joins Inlaks after six years at PAIX Data Centres, where he led the company’s Sales and Marketing function. During his tenure, he played a key role in…
African telecommunications ministers have adopted the Abuja Ministerial Declaration on Meaningful Connectivity for Africa and launched ATLAS Umoja AI, a continent-wide artificial intelligence initiative aimed at expanding digital inclusion and accelerating the development of AI models for African languages. The announcements were made during the African Telecommunications Union (ATU) Conference of Plenipotentiaries (CPL-26) in Abuja,…
