Author: Kaluka wanjala

South African AI startup, NOSIBLE, has announced the close of a $1 million in pre-seed funding round led by Atlantica Ventures. The startup plans to use the funding to scale its sales operations and accelerate its go-to-market strategy. “Our discovery changes the AI equation,” said Stuart Reid, Founder and CEO of NOSIBLE. “Our index operates at 1/100th the cost of current methods and uniquely supports real-time hyperparameter tuning, allowing it to dynamically adapt to more complex searches – similar to how OpenAI pioneered the use of test-time compute.” NOSIBLE’s solution is uniquely optimized for disk, supports native pre-filtering, compression, streaming,…

Sumet Technologies, a Tanzanian fast-moving consumer goods (FMCG) startup, has raised $1.5 million in pre-seed funding. The startup will use the capital injection to improve its technology infrastructure, operational efficiency, and expand into new markets. Sumet uses technology to connect FMCG brands with a network of over 6,500 active retailers spanning all 26 provinces of mainland Tanzania. Some of the angel investors who took part in this round include the African Business Angel Network (ABAN), Catalytic Africa, and an angel syndicate from Egypt. Hazem Afify, Chief Executive of Sumet, said, “At Sumet, we’re tackling one of Africa’s biggest challenges — enabling new…

Jem HR, a South African technology startup providing human resources and employee benefits services via WhatsApp, has raised $3.3 million in a pre-Series A funding round. The funding comprises equity and debt and will be used to develop and expand the company’s platform. Simon Ellis, co-founder and CEO of Jem HR, said, “This funding is a pivotal step in enabling us to achieve our dual mission: to make managing and connecting frontline employees effortless while providing them with money-saving financial benefits.” “The new funding will allow us to expand beyond Southern Africa, grow our team, and enhance our all-in-one platform to tackle…

InfiniLink, a semiconductor startup targeting AI-driven data centers, has announced the successful closure of a $10M funding round. This seed-stage investment was joined by MediaTek and Sukna Ventures, based in Riyadh, Saudi Arabia, with participation from the Egyptian VC firm Egypt Ventures and angel investor M Empire Angels. Since its founding in 2022, InfiniLink developed Silicon Photonics integrated optical transceiver chiplets (iOTC) technology. The funding will enable the company to advance its mission of transforming data center connectivity leveraging its deep expertise in Analog Mixed-Signal and Photonics. “Collaborating with MediaTek will be instrumental in advancing our vision for cutting-edge optical connectivity solutions,” said Ahmed…

Djamo, a neobanking startup serving the underbanked market in Francophone West Africa, has announced the close of a $17 million funding round. This equity round is the largest ever for an Ivorian startup and surpasses Djamo’s $14 million Series A round it closed in 2022. Djamo focuses on Francophone West Africa, specifically the Ivory Coast and just recently Senegal. It is available to both consumers and small businesses and reportedly has 1 million users. Its target is a growing segment of users, mostly younger customers, who’ve outgrown mobile money wallets but still find traditional banks expensive, outdated, or inaccessible, the…

Amazon Web Services (AWS) has announced the launch of the first AWS Skills Center community classroom in Kenya. This AWS Skills Center has successfully concluded a three-day in-person cloud computing skills initiative at the University of Nairobi (UoN). The initiative’s aim was to provide hands-on training to 125 first-and second-year students. “We are thrilled to have collaborated with the University of Nairobi to bring in person AWS instructor-led training to Kenyan students,” said Nondumiso Zibi, AWS Director for Support Engineering, EMEA. “Cloud computing is at the core of digital transformation, and we believe access to high-quality training is essential to…

SEACOM has announced the appointment of two senior executives to bolster its leadership team. Effective 1 April 2025, Mandisa Ntloko-Petersen joins as the new Group Chief Marketing Officer (CMO), while Charl Slabbert assumes the Group Chief Financial Officer (CFO) role. Alpheus Mangale, the Group Chief Executive, expressed his enthusiasm for bringing these accomplished leaders into the Group Executive Committee. “Both Mandisa and Charl bring considerable astuteness and insight to their fields. Their previous international experience in C-suite roles will greatly benefit SEACOM. They are well-acquainted with the industry, having worked with other leading brands in South Africa and beyond. We…

Raxio Group has signed an agreement for $100 million in financing from the International Finance Corporation (IFC). This funding will accelerate  Raxio’s expansion of facilities powering key technologies like AI, cloud computing and digital financial services.  The debt funding from IFC will help Raxio double its deployment of high-quality colocation data centers within three years, addressing growing demand in underserved markets across the continent. The company is developing a Sub-Saharan African regional data center platform in countries including Ethiopia, Mozambique, the Democratic Republic of Congo, Côte d’Ivoire, Tanzania, and Angola. “Raxio’s business model shows how digital infrastructure can empower businesses,…

Visa has announced the appointments of John Njoroge as the new Country Manager and Senior Business Development Leader for Kenya, South Sudan, and Somalia. In this role, John will drive Visa’s strategic growth, enhance client relationships, and spearhead the expansion of digital payment solutions across the three markets. John has extensive knowledge of the digital payments sector, with expertise in financial technology, strategic partnerships, and innovative banking solutions. He will oversee a dynamic portfolio of clients, strengthening Visa’s strategic value in the region by fostering executive relationships, identifying growth opportunities, and increasing both client and Visa revenue. Speaking on the…

Google has announced the introduction of Gemini 2.5, its most intelligent AI model to date. It is designed to tackle increasingly complex problems. Unlike traditional models that rely on straightforward pattern recognition, Gemini 2.5 is a “thinking model”—it carefully processes information, analyzes context, and makes logical decisions before generating a response. This results in more accurate, nuanced, and reliable outputs across a wide range of tasks. What Makes Gemini 2.5 Special? The Gemini 2.5 Pro Experimental, the first release in this series, has already set new industry standards. It tops the LMArena leaderboard—a benchmark that measures human preferences—by a significant…