South African AI Startup NOSIBLE Raises $1M in a Pre-Seed Round
April 7, 2025
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…
Tanzania’s Sumet Technologies Raises $1.5M Pre-Seed Funding
April 7, 2025
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….
South Africa’s Jem HR Secures $3.3 Million in Pre-Series A Funding
April 7, 2025
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…
Vertiv Launches High-Density 132kW Power Shelf
April 7, 2025
Vertiv has announced the launch of the Vertiv PowerDirect Rack, a 1U high-density 50V DC power system shelf designed to bring resilience to even the most demanding AI and high-performance computing (HPC) environments. This modular system scales…
Safaricom M-PESA Partners with LakiPay to Expand Digital Payments in Ethiopia
April 5, 2025
Safaricom M-PESA partners with LakiPay Financial Technologies to enhance digital payment services in Ethiopia to enabling merchants and consumers to access seamless, secure, and efficient digital financial solutions. Through this partnership, Safaricom M-PESA will integrate…
Village Capital Opens Applications for Greentech Africa 2025
April 4, 2025
Village Capital launched the second iteration of Greentech Africa 2025, an investment-readiness accelerator aimed to advance 10-15 startups with innovative and sustainable solutions, contributing towards building resilience and mitigating the effects of climate change across Africa. Applications…
Egypt’s InfiniLink Secures $10M to Advance Silicon Photonics for AI-Powered Data Centers
April 4, 2025
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…
Ivory Coast’s Djamo Secures $17M Funding to Expand Neobanking in West Africa
April 4, 2025
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…
AWS Launches First Skills Center Community Classroom in Kenya
April 4, 2025
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…