Africa next global tech hub, AI powerhouse
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.
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12 000 learners in South Africa, Kenya to attain AI skills
WeThinkCode has secured $2 million Google.org grant to scale AI training across South Africa and Kenya.
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Tether invests in Shiga to boost African financial ecosystem
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.
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TerraPay partners Wave Mobile Money in Mali
The partnership aims to leverage TerraPay's global payment network and facilitate remittance flows into Mali.
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MTN MoMo, Onafriq partner on remittances in South Sudan
MTN MoMo said its relationship with Onafriq gives convenience to customers who wish to send money back home from the diaspora.
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UAE's the Binary Holdings enters Nigerian market
The company says the move paves the way for an important leap into the African market, where untapped opportunities for Web3 adoption are developing.
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SmartSwitch advances financial inclusion in Botswana
The fintech has launched a biometric-enabled smart card platform aimed at the country's underserved and underbanked communities.
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EmpowerBank, EFTCorp push financial inclusion in Zimbabwe
The partnership's goal is to facilitate financial inclusion through scalable digital infrastructure and personalised banking solutions.
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Egypt start-up Nawy receives $52m in Series A funding
The funds will enable Nawy to expand its artificial intelligence and data infrastructure capabilities and enter new markets.
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Fintech Money Fellows bags $13m for Africa expansion
The funding will support expansion across the continent, beginning with Morocco.
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MTN Rwanda sees growth, thanks to mobile money and data usage
The telco says fintech innovation and surging data consumption boosted the company’s Q1 results, recording 12.3% year-on-year increase in service revenue.
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African start-ups pushed to build profitable entities before pursuing VC funds
Iyinoluwa Aboyeji urged founders to make good use of the money invested in their businesses, as doing so would boost investor trust.