Tech
AI Tech

Ghana’s Aya Data Raises $900,000 Seed Round to Expand AI Solutions in Africa

Ghana-based AI consultancy startup, Aya Data, has successfully raised $900,000 in a seed round, combining both debt and equity. This new funding will help the company scale its AI products—AyaGrow and AyaSpeech—and bring on new talent. With this latest round, Aya Data’s total funding now stands at $1.15 million. The startup previously raised $300,000 from […]

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Fintech Funding

Yellow Card Secures $33 Million in Series C Funding to Boost Expansion and Innovation

African fintech startup, Yellow Card, has successfully raised $33 million in a Series C funding round, led by Blockchain Capital. Other notable investors participating in this round include Polychain Capital, Third Prime Ventures, Castle Island Ventures, Block, Inc., Galaxy Ventures, Blockchain Coinvestors, Hutt Capital, and Winklevoss Capital.  This funding brings Yellow Card’s total investment to […]

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Energy Funding

Nairobi’s Sistema.bio Secures $15M to Expand Clean Energy for Farmers

Sistema.bio, a company focused on providing renewable energy to smallholder farmers, has raised $15 million in new funding to help grow its business. The funds will allow the company to expand into more markets and improve the clean energy solutions it offers to farmers around the world. This round of funding was led by ElectriFI, […]

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Tech

Lagos Tech Ecosystem Surges Past $9 Billion, Sets New Benchmark for Africa’s Innovation Growth

Lagos State’s booming tech startup scene has crossed the $9 billion valuation mark, further cementing its status as a premier hub for innovation in Africa. This revelation was made by the Lagos State Commissioner for Innovation, Science, and Technology, Tunbosun Alake, during a high-profile breakfast meeting with global investors at the ongoing GITEX Global tech […]

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E-Commerce Funding

WellPal Expands to Saudi Arabia, Secures Investment for Growth

WellPal, an Egyptian e-commerce platform specializing in health and wellness products, has announced its relocation to Saudi Arabia following an undisclosed investment round from an angel investor. Founded in 2019 by Mohamed Ali and Mohamed Tantawy, the company aims to leverage the new funding to accelerate its growth and establish a stronger foothold in the […]

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Fintech Investors

TOP 5 FINTECH INVESTORS FUELING INNOVATION ACROSS AFRICA 

Africa’s fintech ecosystem has seen a surge in investment over the last few years, driven by a combination of technological advancements, a young population, and rising demand for financial inclusion. As a result, several key investors have stepped forward to fuel this growth, helping fintech startups scale rapidly and expand their reach across the continent.  […]

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AI Cloud Technology

Vodafone and Google Launch a Decade-Long Alliance to Enhance Consumer Experience Through AI and Cloud Technology

Vodafone and Google have embarked on a groundbreaking ten-year partnership, set to revolutionise the way millions of customers experience digital services across Europe and Africa. This collaboration aims to harness the power of AI and cloud technology to introduce innovative services, devices, and enhanced television experiences, powered by Google Cloud and Gemini AI models. Empowering […]

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African Entrepreneurship AgriTech

THESE INDEFATIGABLE AFRICANS ARE LEADING AGTECH REVOLUTION ACROSS AFRICA AND BEYOND

If Agriculture goes wrong, nothing else will have a chance to go right. m. s swaminathan Africa’s agriculture sector has historically been the backbone of its economy, providing livelihoods for over 60% of the continent’s population. Yet, despite its vast arable land and agricultural potential, Africa has faced challenges that limit its productivity—ranging from outdated […]

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Innovation Technology

IBADAN TECH EXPO 2024: THE CITY-WIDE TECH EVENT THAT LEFT THE WHOLE OF IBADAN TECH-SPIRITED.

Over the years, technology has evolved from being a mere fancy vocabulary to becoming a household name, and a force to reckon with. It has become the fastest growing song on the lips of many, and it’s no wonder why a huge percentage of youths now dance to its tune.  It is often said that […]

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AI Technology

UNESCO, Zindi, and AWS Launch AI for Equity Challenge to Combat Gender and Health Inequities Exacerbated by Climate Crisis

The International Research Centre on Artificial Intelligence (IRCAI), under the auspices of UNESCO, has teamed up with data science platform Zindi and Amazon Web Services (AWS) to launch the AI for Equity Challenge: Climate Action, Gender, & Health. This six-month global virtual contest is designed to support researchers, non-profits, and startups in developing AI solutions […]

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