AfDB to Commit $10M to KawiSafi Fund II, Why Big Tech is Investing in Africa & RMB's Where to Invest in Africa Report

?? The Relentless Need For Exits & Capital?

Insights and expert views from the panel session on The Relentless Need For Exits & Capital at Africa Tech Summit Nairobi 2024 featuring: Tracey Austin, Department for Business and Trade, Abi Ajayi, Head of Primary Markets – Middle East and Africa at London Stock Exchange, Ariel White-Tsimikalis, Partner at Goodwin, Simon Olsen, Partner at Deloitte and moderated by Anthony Catt, Founder & Director at Ventures 54. Via Africa Tech Summit Watch Now

Why Big Tech is Investing in Africa's Start-up Scene

While the global start-up scene has been grappling with declining investments for the past two and a half years, some countries in Africa are bucking the trend. Particularly notable is the newfound interest from some major tech corporations from the US. Via The Standard Read More

AfDB to Commit $10M to KawiSafi Fund II to Support Africa's Climate Startups

The African Development Bank Group (AfDB) is set to commit a $10 million junior equity investment to the KawiSafi II Fund to support local businesses in building and expanding climate-focused projects targeted at vulnerable communities. Via Techpoint Africa Read More

New GSMA Report Highlights Nigeria’s Potential to Lead in AI-driven Development Across Africa

Agriculture and energy are among key sectors of AI opportunity in Nigeria as the African continent looks to untap almost $3 trillion of potential value by harnessing the new technology effectively. Via Technext Read More

Report: Where to Invest in Africa

Africa is navigating significant turbulence and transformations on multiple fronts, both geopolitically and economically. The RMB Where to Invest in Africa 2024 Report gives investors a comprehensive analysis of 31 countries, uncovering the underlying drivers of each country’s performance and informing their ranking. The report further provides insights into how policy can be leveraged to enhance countries’ future performances and their relative investment attractiveness. Via RMB Read More

TikTok Reduces African Workforce Amid Global Restructuring

While the exact number of the laid-off employees has yet to be determined, it’s over 100 people, according to the company’s employees. More than half of the members of the TikTok African team based in Nigeria and South Africa were said to be affected. Via Techpoint Africa Read More

4 African Startups Win $40k from Anzisha Prize

Four African entrepreneurs have been named winners of the Anzisha Prize, which recognises the ability of the winners to successfully transform their business. The final of the annual Anzisha Prize took place recently in Johannesburg, South Africa. Via Disrupt Africa Read More

PRE-REGISTER TICKET SALE NOW ON

Join us for Africa Tech Summit Nairobi on Feb 12th & 13th 2025. Network with key stakeholders including tech corporates, mobile operators, fintechs, DeFi & crypto ventures, investors, leading startups, regulators, and industry leaders driving business and investment forward. Get access to the lowest rate tickets before they go on general release! APPLY FOR ACCESS TODAY

?? Web3: Building The Future

Insights and expert views from the panel session on Web3: Building The Future at Africa Tech Summit Nairobi 2024 featuring: Shogo Ishida, Co-CEO at EMURGO Middle East & Africa, William Phelps Investment Manager at Adaverse, Yvonne Kagondu, Co Founder at Kushite ICP East Africa Hub, Shodipo Ayomide Vice President of Developer Relations at INTMAX, Matt Crow, Africa Expansion Team at Tether and moderated by MacKenzie Sigalos, Journalist at CNBC. Via Africa Tech Summit ?Watch Now

New Duplo Report Predicts Changing Global Trade Patterns Will Enhance Cross-border B2B Payments in Africa

The report, titled?“The State of Cross-Border B2B Payments in Africa and its Impact on Trade,” is the third in an annual series of B2B payment reports from Duplo, and it examines a wide range of issues, including key drivers of intra- and extra-African trade, the current state of cross-border B2B payments in Africa, and the outlook for the future. Via AppsAfrica Read More

Conduit’s Cross-border Payments Expand from LatAm into Africa with $6M Round

“We see even greater potential in Africa, with impressive early growth and volumes we think might surpass Latin America by early next year,” said the CEO, who owes Conduit’s numbers to the vast market opportunity across both markets.?Via Techcrunch Read More

Tether Partners With Xion to Boost Blockchain Education in South Africa

Tether Operations Limited, the largest company in the digital asset industry, and Xion Global have announced a strategic alliance to promote blockchain education in South Africa. Aiming to deliver educational content and interactive activities on blockchain technology and its key use cases, positioning Tether as a major contributor to digital education in developing regions. Via Tether Read More

Whitepaper: Cross-border Payments Between Africa and China?

This in-depth report from Klasha explores the current state of cross-border payments between Africa and China, technological advancements shaping cross-border payments and future trends and predictions. Via Klasha Read More

How Digital Identity Is Revolutionizing Inclusion

There can’t be financial inclusion without digital identity inclusion. Yet, the World Bank estimates, approximately 850 million people across the world do not have an official ID. Via CIO Africa Read More

Open Access Energy Secures $750K Funding to Drive South Africa’s Transition to Clean Energy

Open Access Energy (OAE), a South African startup specializing in energy management software, has secured a $750,000 investment from Factor E Ventures, marking the first phase of its $1.5 million seed round. Via Tech In Africa Read More

Multichoice Talent Factory

MTF is a 12-month long industry readiness programme that affords the opportunity to learn from some of the leading players in TV and Film while acquiring valuable experience in directing, producing, cinematography, commissioning, direction and many more other skills.? Apply Here

The Climate Champion Pitch Competition

Startup Discovery School and Sahara Impact Ventures an Autodesk Foundation portfolio organization, in collaboration with Academic City University College are hosting their inaugural pitch competition in search of the best ventures across Ghana tackling climate change.? Apply Here

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