Africa Tech Summit Returns to London on June 6
April 11, 2025
The 9th Africa Tech Summit London will convene at the London Stock Exchange on 6 June 2025, reinforcing the critical role of London as a gateway for capital and partnerships in Africa’s continuously evolving tech ecosystem. This year’s summit…
Purple Elephant Ventures Closes $5M Seed Round with New $500K Investment from Alphatron
April 11, 2025
Purple Elephant Ventures (PEV) has secured an additional $500,000 investment from Alphatron, bringing its total seed round to $5 million. PEV had previously announced a $4.5M Seed Round in January, led by Clear Creek Investments…
Muthoni Wachira Appointed Country Manager for Fulgo Mobile Kenya
April 10, 2025
Fulgo Mobile has announced the appointment of Muthoni Wachira as its new Country Manager for Kenya, effective April 7th, 2025. Muthoni’s appointment is expected to strengthen Fulgo Mobile’s local presence. She has over 14 years…
Moroccan Fintech PayTic Raises $4M to Scale Banking Automation
April 10, 2025
PayTic, a Moroccan fintech, PayTic, has secured $4 million extension to its Series Seed funding round. PayTic was founded in 2020 and offers advanced technological solutions that automate traditionally manual and complex banking processes. These…
Vertiv Upgrades SmartAisle Solution for Scalable, Energy-Efficient Edge Deployments up to 180kW
April 10, 2025
Vertiv has announced a significant upgrade to its Vertiv SmartAisle solution, designed specifically for edge computing applications up to 180 kW. Now available across Europe, the Middle East, and Africa (EMEA), this complete pre-engineered system…
Umba Secures $5M from Star Strong Capital
April 10, 2025
Nairobi-based fintech Umba has secured a $5 million debt facility to help expand its secured lending operations in Kenya. US-based asset management firm, Star Strong Capital, is the only participant in this round. “With the…
How Kenya's FaidiHR Is Solving Africa's Payroll Chaos While Eyeing the $10 Billion Opportunity
April 9, 2025
Kenyan startup FaidiHR is on a mission to fix one of the most persistent bottlenecks for businesses across Africa: manual payroll and HR processes. The cloud-based platform is modernising how companies manage employees, payroll, compliance…
How Kenya’s Chpter is powering AI-driven social commerce across Africa
April 8, 2025
Kenyan startup Chpter is on a mission to reinvent how small businesses across Africa sell and serve customers by turning everyday chat apps like WhatsApp and Instagram into powerful, AI-powered storefronts. Founded by Mark Kiarie,…
Mastercard and PayTabs Partner to Drive Digital Transformation in Egypt
April 8, 2025
Mastercard has partnered with PayTabs to facilitate digital payment solutions for small and medium enterprises in Egypt. Through this collaboration, PayTabs will leverage Mastercard’s global network and digital payments capabilities to provide merchants with a…