Onafriq and Circle Partner to Improve Cross-Border Payments in Africa with USDC
May 2, 2025
Onafriq and Circle, stablecoin market leader and issuer of USDC, have announced their strategic partnership aimed at transforming cross-border payments and digital financial services. Currently, over 80 percent of intra-African payments are routed through correspondent banks…
Microsoft’s 2024 Work Trend Index Unveils the Rise of ‘Frontier Firms’ — Kenya Positioned Among Africa’s AI Leaders
May 1, 2025
As organizations worldwide navigate the next wave of workplace transformation, Microsoft’s fifth annual Work Trend Index (WTI) Report uncovers the emergence of a new kind of enterprise: the Frontier Firm. These businesses operate with intelligence…
MYDAWA Secures $9.6M to Expand Across East Africa, Eyes 8M Patients by 2032
May 1, 2025
MYDAWA has secured $9.6 million ((~KES 1.3 billion)) from Denmark’s Investment Fund for Developing Countries (IFU) to help expand its footprint across Kenya and Uganda. With this funding, MYDAWA plans to open 30 new pharmacies…
i3 Unveils Third Cohort of 7 African Startups Revolutionizing Pharmacy Services
April 30, 2025
Investing in Innovation Africa (i3) has announced its 3rd cohort of 7 growth-stage companies working to transform pharmacy services on the continent. Sponsored by the Gates Foundation, MSD, Cencora (formerly AmerisourceBergen), Endless Foundation, HELP Logistics (a…
Kofa Raises $8.1 Million in Pre-Series A Funding
April 30, 2025
Kofa, the tech energy company and end-to-end ecosystem enabler, has announced the close of an $8.1 million pre-Series A funding round. The investment, comprising $3.25 million in equity, $4.315 million in debt, and $590,000 in…
Standard Chartered Launches Cohort 8 of Women in Tech Programme
April 29, 2025
At the launch event for Cohort 8 of the Women in Tech programmme, a collaboration between Standard Chartered Bank and iBizAfrica at Strathmore University, there was no shortage of inspiration. Held earlier today at Standard…
Check Point and Illumio Partner to Strengthen Zero Trust Security Across Hybrid Environments
April 29, 2025
Check Point and Illumio, the breach containment company, have announced a strategic partnership to help organisations strengthen security and advance their Zero-Trust posture. The integration between the Check Point Infinity and Illumio Platforms delivers rapid…
Kijani’s Green Procurement Model Earns Silver Recognition in Cape Town
April 29, 2025
Kijani Supplies, a sustainable logistics and supply chain tech company, has been awarded a Silver Badge in the “Local Sourcing” category at the WTM Africa Responsible Tourism Awards 2025, held in Cape Town. This award…
Nigeria’s OmniRetail Raises $20 Million Series A to Scale B2B Operations
April 28, 2025
OmniRetail, the Nigerian B2B commerce platform, has raised $20 million in a Series A equity round. This round was led by Norwegian development finance institution Norfund and Timon Capital with the participation of Ventures Platform,…