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…
Mitsumi Distribution unveils the AI frontier at GITEX Africa 2025
April 4, 2025
Mitsumi Distribution, a premier IT, Telco, and value distributor across the Middle East and Africa, is poised to participate in GITEX Africa 2025 and showcase a range of future-oriented, AI-driven technology products. As a successful…
SEACOM Appoints Mandisa Ntloko-Petersen as CMO, Charl Slabbert as CFO
April 4, 2025
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…
Raxio Secures $100M IFC Financing to Expand Data Center Growth Across Africa
April 3, 2025
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…
Bupa Global Opens First African Office in Nairobi
April 3, 2025
Bupa Global, a leading international private medical insurance (IPMI) provider, has opened its first office in Africa, based in Nairobi, Kenya. This milestone follows the approval of an insurance license for Bupa Global by the…
Visa Appoints John Njoroge as Country Manager for Kenya, South Sudan, and Somalia
April 2, 2025
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…
CIC Insurance Group Reports 54% Growth in Profit in 2024
April 2, 2025
CIC Insurance Group has delivered an impressive financial performance for the year ending December 2024, reporting a Profit Before Tax (PBT) of Kshs 3.99 billion, a 57% increase from Kshs 2.54 billion recorded in 2023….