Norrsken22 Secures $205 Million Investment for African Fintech and Edtech Startups
Norrsken22 plans to invest around $10 million to $16 million in approximately 20 African startups.
African Nations Unite for AI Safety: ‘The Bletchley Declaration’ Signed by Nigeria, Kenya, and Rwanda
This historic agreement to tackle AI risks was signed during the AI Safety Summit held in Bletchley Park, England, hosted by the UK government.
AFEX, a Nigerian Commodities Startup Secures $26.5 Million Funding from BII
The $26.5 million funding from BII will support structural enhancements in Africa's agricultural sector, particularly benefiting small-scale farmers and enhancing food security.
French Football Stars Kick In for African Creator Economy Startup StarNews in Pre-Series A Round
Right now, StarNews has 4 million active users and partner with 120 content creators. They provide funding and support to these creators, as well as creating local content.
BluePeak Private Capital Closes $156 Million Fund to Back African Businesses
BluePeak Private Capital invests in various sectors, including healthcare, education, financial services, manufacturing, and technology.
Bolt Secures License to Operate in Kenya After Fulfilling NTSA Demands
This good news came after NTSA had refused to issue the ride-hailing service a new license to continue operations in the country earlier this month.
X Introduces New Audio and Video Calling Features
You can use these features on Apple's iOS, and Android support is on the way. To get started, open a direct message with another user, click the phone icon, and choose between audio or video calls.
Botswana’s President Wants to Harness Technology to Revitalise Diamond Industry
Masisi stressed the importance of technology, like drones for surveys and advanced water management systems, to minimise the environmental impact of diamond mining.
South African Startup WhereIsMyTransport Shuts Down Due to Funding Shortage
WhereIsMyTransport is specialised in mapping both formal and informal public transport networks to enhance the public transport experience, with a focus on safety and accessibility. They even provided their data to governments.
Fintech Startup PAL is Making Payments Infrastructure Accessible for Francophone Africa
The startup addresses challenges in the West Francophone countries, where mobile wallets are popular but face infrastructure access issues.