The raise comes one year after Fincart's undisclosed pre-seed round and coincides with the startup’s pivot from a logistics management platform into an AI-powered operating system for e-commerce merchants.
Egyptian e-health startup Reme-D has raised US$1.45 million in pre-Series A funding to expand its manufacturing capacity, regional footprint, and diagnostic product portfolio. Founded in 2023 by Salma Tammam, Reme-D develops and manufactures molecular diagnostic tests for diseases including tubercul
The Botswana Tech Fund (BTF) has reached a US$6.7 million first close of its targeted US$64 million fund to invest in technology companies supporting digital growth across Southern Africa. The BTF launched in April, structured to back founders from pre-seed through to growth stage. It aims to levera
WayaWaya has appointed former Chase Bank Kenya executive Raj Singh as a non-executive director and advisor as it expands across Africa and international markets. The Nairobi-based fintech, which offers conversational commerce, embedded payments, and AI financial services, said Singh will advise on s
Airtel Nigeria has strengthened its nationwide retail and distribution network as part of its continued investment in enhancing service delivery and making telecommunications and digital services more accessible to millions of Nigerians. The company’s retail ecosystem comprises more than 4,000 exclu
The Nigerian Communications Commission (NCC) has opened a call for applications for the fourth edition of its Hackathon Live Show, themed “Technology Without Barriers,” targeting young innovators to develop accessibility-focused digital solutions. The programme is open to Nigerians aged 18 to 35 res
The National Information Technology Development Agency has reiterated the need for a digitally skilled public sector workforce, saying the success of government reforms and the adoption of Artificial Intelligence (AI) will depend largely on the digital capacity of civil servants. Kashifu Inuwa Abdul
The Executive Vice Chairman and Chief Executive Officer of the Nigerian Communications Commission, Dr. Aminu Maida, has called for a fundamental shift in Nigeria’s regulatory approach to keep pace with rapid technological change, stressing that trust, resilient digital infrastructure and adaptive re
The Botswana Tech Fund (BTF) has reached a US$6.7 million first close of its targeted US$64 million fund to invest in technology companies supporting digital growth across Southern Africa. The BTF launched in April, structured to back founders from pre-seed through to growth stage. It aims to levera
Pan-African fintech M-KOPA has reached 10 million customers across five African markets, highlighting how smartphone financing has become a key driver of digital lending and financial inclusion for consumers traditionally excluded from formal banking. The company said it is now adding about 10,000 c
Samsung has launched the Galaxy Z Fold 8 starting at $1,899, unveiled updated foldable smartphones and raised prices across its premium Galaxy Z series. The post Samsung Launches Galaxy Z Fold 8 at $1,899, Increases Prices for Foldable Phones appeared first on Tech | Business | Economy.
Kenya is seeking to cement its position as one of Africa’s leading technology and innovation hubs with the launch of the Africa Technology Leadership Conference (ATLC) 2026. ATLC, a high-level summit designed to connect policymakers, investors, researchers and entrepreneurs around science-driven eco
OPay currently serves 46 million users in Nigeria (according to its own estimates) — roughly 0.23% of Nigeria’s over 200 million population. Outside Nigeria, the fintech has footprints in Egypt, Indonesia, and Pakistan.
Meanwhile, governments from Rwanda to Nigeria are publishing national strategies that promise to turn artificial intelligence (AI) into a new engine of economic growth. There is just one problem: about half of sub-Saharan Africa still lacks reliable electricity.
| By: Francis Onyemachi The Federal Government on Tuesday unveiled a new consumer credit initiative aimed at helping Nigerians acquire laptops, internet-enabled devices and other digital tools through affordable financing. The programme, known as the Credit for Laptops, Internet, Connectivity and Kn
