IT総合 African climate startups set to gain ground as VC funding shifts their way
Venture capital activity around climate tech has been heating up in Africa despite the global VC funding cooldown.
The c...
Annie Njanja
IT総合 IT総合 Meta’s content review in Africa in limbo as moderation partners decry court restrictions
Meta’s main content review partners in Africa have been restrained from offering moderation services to the social media...
IT総合 DFC invests $25M in Novastar’s Africa People + Planet Fund
The U.S International Development Finance Corporation (DFC) has made equity investment to the tune of $25 million in a n...
IT総合 Oxfam Novib and Goodwell target East African startups with €20M Pepea fund
Impact investor Goodwell Investments and Oxfam Novib, a Dutch foundation and Oxfam International affiliate, have set up ...
IT総合 Meta disputes it can be sued in Kenya, again
A Kenyan court has today upheld interim orders issued last week, temporarily barring Meta from engaging its new content ...
IT総合 Google removes hundreds of Kenya-focused loan apps from Play Store
Google has taken down hundreds of loan apps from the Play Store in Kenya since its new policy, which requires digital le...
IT総合 Rwazi to scale its market intelligence platform backed by $4 million seed funding
In emerging markets like Africa, offline retail dominates most product sales, driven by informal trade, and cash-based t...
IT総合 Meta barred by Kenyan court from engaging its new content moderation partner
Meta has been temporarily barred by a Kenyan court from engaging its new content moderation subcontractor, Majorel, pend...
IT総合 Meta faces third lawsuit in Kenya as moderators claim illegal sacking, blacklisting
Social media giant Meta and its Kenya-based content moderation partners, Sama and Majorel, are facing a new lawsuit in K...
IT総合 SVB collapse forces African startups to rethink their banking options
The collapse of Silicon Valley Bank (SVB) last week sent ripples in startup ecosystems around the world, and it is emerg...
IT総合 MENA VC Flat6Labs’ new fund to back startups in East, West Africa
Flat6Labs is amongst the most active VCs in Africa, having invested in over a hundred startups to date, across the Middl...
IT総合 Flutterwave’s troubles in Kenya yet to end as second case proceeds
Africa’s most valuable unicorn Flutterwave is still not off the hook in Kenya. About $3 million of its money that was co...
IT総合 Online food delivery platforms in Kenya under probe
The competition regulator in Kenya is probing the conduct of online food delivery and groceries platforms to inform its ...
IT総合 Big Tech on notice as regulators in Africa group to investigate their market conduct
Several competition watchdogs in Africa plan to collectively interrogate the market conduct of global digital firms, put...
IT総合 African watchdog forces Jumia to review its terms in push to protect consumers
Africa’s largest e-commerce site Jumia has amended its terms and conditions after the regional watchdog, the COMESA (Com...
IT総合 South Africa’s Envisionit Deep AI gets $1.65M to expand access to medical imaging
Dr. Jaishree Naidoo was in charge of pediatric radiology at a South African hospital in 2014, when she had a moment of e...
IT総合 YC-backed HR-payroll provider Workpay raises $2.7M to scale in Africa
The HR payroll market across the world is expected to record a compound annual growth rate (CAGR) of 9.2% reaching a $14...
IT総合 Jumba, a Kenyan startup simplifying sourcing of construction supplies, raises $4.5M
Less than a year after launch, Kenyan B2B construction tech startup Jumba has secured clients in major regions of the Ea...
IT総合 Kenya’s fintech Power set to scale after $3M seed round
After working in Africa’s microfinance space for seven years, including at Botswana’s Letshego, Brian Dempsey took a bre...
IT総合 Africa’s smartphone market shrunk by 18% last year
Africa’s smartphone market shrunk by 18% in 2022 compared to the previous year, according to the International Data Corp...
IT総合 Morocco’s foodtech Terraa raises $1.5M led by FoodLabs
Terraa, a Moroccan B2B tech-enabled food distribution platform, has raised $1.5 million pre-seed funding in a round led...
IT総合 Cleantech Qotto embarks on growth plan backed by $8M funding
Qotto, a solar kits provider with operations in Burkina Faso and Benin, has raised $8 million in a Series A equity-debt ...
IT総合 BuuPass raises $1.3M to scale mobility sector digitization in Africa
The public transport sector in Kenya is largely traditional and a majority of operators, especially those in road travel...
IT総合 Palm.hr raises $5M, embarks on MENA growth
A few years ago, Richard Shrems was working as a human resources consultant in Riyadh, and at one point sought to implem...
IT総合 Gameball raises $3.5M to scale its CRM platform for consumer brands
The uptake of customer relationship management (CRM) tools has grown immensely over the last few years such that the mar...
IT総合 Meta fails in bid to be removed as a party from an exploitation lawsuit against it and moderation partner Sama in Kenya
More drama is afoot for Facebook’s parent company Meta on the African continent. A Kenyan court today rejected Met...
IT総合 More job cuts loom as Sendy changes course in Nigeria
In October last year, Sendy, a Kenyan logistics scale-up, wound up its supplies service, which enabled retailers to purc...
IT総合 Kenya’s growth was strongest in Africa’s VC market; Clean tech, E-commerce pulled in most of the funding
As VC activity slowed down globally last year, Kenya defied odds to record the strongest growth in funding raised in Afr...
IT総合 Dubai-based accounting and financial compliance startup, Wafeq, raises $3M
In 2016, the Gulf Cooperation Council (GCC) member states signed the Value Added Tax (VAT) agreement paving way for the ...
IT総合 Why international DFIs are looking to African startups to scale impact investing efforts
Even as VC funding dries up across the world, development finance institutions (DFIs) are looking to African startups to...