Innovate Africa Fund proudly hosted the inaugural World Product Day Lagos with over 200 founders, engineers, product managers, designers, and ecosystem enablers to celebrate bold innovation and build the future of African technology through product-led execution. A Platform for Builders, Not Just Dreamers Set against the theme “Bold Builders Wanted,” the event created a high-energy, high-impact environment where product leaders tackled the continent’s most urgent challenges head-on. From scaling core infrastructure to inclusive design and product management best practices, World Product Day was a call to action for the next generation of African builders. Enterprise Innovation Hackathon Finale The grand…
Author: Brand Spot
Brand Spot
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By Noah Perlman, Chief Compliance Officer, Binance As cryptocurrency adoption accelerates across Africa, the excitement around the technology and its transformative potential is palpable. But alongside this rapid growth comes a critical challenge: ensuring that innovation does not outpace regulation. This balance is not just important — it is essential. Without it, the promise of crypto to revolutionise financial inclusion and economic participation risks being undermined by misuse, fraud, and illicit activity. According to Chainalysis, illicit cryptocurrency addresses received over $40.9 billion globally in 2024. This figure is staggering and underscores the urgency of addressing the risks inherent in a fast-growing sector.…
South Sudan has officially become the 17th country to join the Smart Africa Trust Alliance (SATA). This is a declaration of trust with the Smart Africa alliance to cooperate on digital economy cybersecurity and artificial intelligence. The Smart Africa Trust Alliance (SATA) is the operational and coordination mechanism to enable cross-border use of digital identities and data to stimulate trade and services in Africa. Michael Makuei Lueth, the Minister of Information, Communication Technology and Postal Services, signed the declaration last week. Briefing the press after the signing ceremony, Telecommunication Undersecretary, Thomas Gatkuoth said with this declaration, South Sudan will now…
KCB Group and Access Bank have completed the sale of National Bank of Kenya to Access Bank Plc, marking the conclusion of a transaction that began in March 2024. This follows the receipt of all regulatory approvals customary for a transaction of this nature. As a result, NBK, where KCB Group had 100% ownership, is now a wholly owned subsidiary of Access Bank Plc. NBK and Access Bank Kenya will continue to operate independently, pending the completion of all integration processes. KCB Group CEO Paul Russo said, “The completion of this transaction marks a significant milestone for KCB Group in…
Kenya’s dynamic economy, strategic location as East Africa’s business hub, and growing middle class present exceptional opportunities for entrepreneurs seeking to establish profitable ventures. Based on market analysis and current trends, five business sectors emerge as particularly promising for new entrepreneurs: tour operations, car dealerships, real estate agencies, e-commerce platforms, and agriculture-focused enterprises. These sectors benefit from Kenya’s robust infrastructure, English-speaking workforce, and position as a regional logistics and finance center, while addressing both domestic demand and export potential. The tourism industry capitalizes on Kenya’s world-renowned wildlife and natural attractions, the automotive sector serves a growing vehicle market with a…
Neeraj Pradhan, Acting Chief Executive Officer, Liquid Kenya Africa’s tech ecosystem is brimming with opportunities. Stakeholders in the continent’s digital future need to commit to the investments that will realise this potential. Experts predict that universal, affordable, and good-quality broadband internet access in Africa by 2030 is possible. They also say that nearly 1.1 billion new unique users must be connected to make this happen, at an estimated cost of US$100 billion. It’s clear that a significant investment is needed to bridge the continent’s digital divide. Africa is ready for the digital future Africa’s young, tech-hungry population, the availability of…
AI-fueled attacks and hyperconnected IT environments have made threat exposure one of the most urgent cybersecurity challenges facing enterprises today. In response, Check Point Software Technologies has announced a definitive agreement to acquire Veriti Cybersecurity, the first fully automated, multi-vendor pre-emptive threat exposure and mitigation platform. “The acquisition of Veriti marks a significant step toward realising our hybrid mesh security vision,” said Nadav Zafrir, CEO at Check Point Software Technologies. “It strengthens the Infinity Platform’s open-garden approach, enabling seamless, multi-vendor remediation across the entire security stack. With Veriti, we’re advancing preemptive, prevention-first security – an imperative in today’s AI-driven threat landscape.”…
DStv has been named the Most Admired African Media Brand in the 2025 edition of the Brand Africa 100 | Africa’s Best Brands rankings. DStv has also been inducted into the Brand Africa Hall of Fame. Founded in 1995, DStv has grown from a digital satellite pioneer into a central player in Africa’s media evolution. Over three decades, the platform has championed local content creation, invested in African talent, and transformed storytelling on the continent building a reputation as both a cultural driver and technological innovator. “This honour reflects the incredible journey we’ve taken with our audiences across Africa,” said…
straitPay has completed its pre-seed funding round, raising approximately £1 million. The new investment will accelerate straitPay’s mission to enhance financial connectivity throughout Africa and its diaspora whilst expanding into new markets. The funding round was led by a family office known for its investments in Eastern European fintech ventures. This significant milestone reflects investors’ confidence in straitPay’s innovative solutions to address the financial challenges faced by individuals, SMEs, and investors across Africa and beyond. In just its early stages, straitPay has demonstrated a remarkable impact across African financial ecosystems. With 57% of Africa’s 1.48 billion population remaining unbanked, straitPay’s…
Microsoft has announced the launch of its Advancing Regional Cybersecurity (ARC) Initiative, a new effort aimed at boosting regional preparedness, resilience, and coordination in the face of increased cyber threats. The announcement was made at the second Global Conference on Cyber Capacity Building (GC3B) held in Geneva, Switzerland. The initiative kicks off with a flagship partnership with Kenya’s National Computer and Cybercrime Coordination Committee (NC4), a move that underscores the importance of multistakeholder collaboration in the digital era. “In today’s digital age, no nation can tackle cyber threats alone. Our partnership with NC4 reflects Microsoft’s belief in building strong, local…