Salus Cloud secures $3.7m seed funding

Cassava Technologies and Vambo AI are working together to launch new African-led AI models, showcasing local expertise and capabilities.

Orange Middle East and Africa teams up with risingSUD to fast-track African and Middle Eastern start-ups into Europe’s innovation ecosystem.

A Silicon Valley veteran recently shared his views on African start-ups scene and what’s needed to move ventures from start-up to scale-up and successful exit, drawing on his four decades of experience.

The company says Kevin Kaburu has a proven track record in infrastructure sales, strategic partnerships, and regional business expansion across the continent

The funds, according to the business, will allow it to speed product development, scale local operations, and hire new talent.

Tether's blockchain-based financial infrastructure will make it possible for independent contractors to easily access foreign currencies and receive payment for their services around the world.

By merging OneWeb's satellite coverage with its terrestrial networks, Orange pledges to provide continuity of service and increased security as part of a digital inclusion strategy.

According to the company, the advisors will support its leadership team and portfolio founders while also strengthening its global network.

Five years after MTN sold its stake, Jumia has attracted AXIAN Telecom as a new strategic partner with an 8% stake, indicating renewed trust in the e-commerce platform's turnaround efforts and future prospects.

PalmPay, a digital finance platform launched in 2019, has been ranked Africa’s fastest-growing financial services firm by the Financial Times, highlighting its rapid expansion and impact on financial inclusion.

The top three winning teams will get €10,000 in seed funding: €6,000 for first place, €2,500 for second place, and €1500 for third place.

The company, which plans to expand into English-speaking Africa, says it provides cost-effective cyber security solutions that do not require expert knowledge.