African Tech Funding Declines 5% in Q1 2025, Reaching $460 Million
by African tech funding dropped by 5% in the first quarter of 2025 compared to the same period in 2024. Startups across the continent raised $460 …
Equinix expands data center to fuel digital growth
Equinix has officially opened its LG2.3 data center expansion in Lagos, Nigeria, marking a significant step in its mission to accelerate digital transformation across Africa. …
Afrik DeFi to Engage Policymakers at WEF AI Summit in Rwanda
Afrik DeFi is set to make waves at the World Economic Forum (WEF) AI Summit in Rwanda, a landmark event that will bring together policymakers, …
Nigeria and South Africa make up half of Africa’s 22 billionaires.
According to the latest Forbes rankings, Africa’s 22 billionaires have collectively amassed a record-breaking fortune of $105 billion for the first time in history. Nigeria …
Mastercard Drives Africa’s $1.5 Trillion Digital Payment Surge
Mastercard is spearheading Africa’s digital payment transformation, with the continent’s digital payments economy projected to hit $1.5 trillion by 2030. This growth is fuelled by …
Africa Social Impact Summit to Address Climate Crisis and Foster Growth
The Africa Social Impact Summit (ASIS) is gearing up for its fourth edition, set to take place on July 10-11, 2025, in Lagos, Nigeria. Co-convened …
Google officially launches its cloud region in Johannesburg
Google has officially launched its cloud region in Johannesburg, marking a significant milestone in its ambitious $1 billion investment plan to transform Africa’s digital landscape. …
Bybit and AltSchool Africa launch a $100,000 scholarship to empower African youth with tech skills.
In a groundbreaking move to foster innovation and bridge the tech talent gap in Africa, Bybit and AltSchool Africa have joined forces to launch a …
Motsepe re-elected unopposed as CAF President.
by South African businessman Patrice Motsepe has been re-elected unopposed as the CAF president for a second four-year term. This decision was confirmed at the 14th …
Capria VC seeks to back two more African Series A startups with $1-$3M
Capria Ventures, a prominent venture capital firm, actively seeks to invest in African Series A startups with funding ranging from $1 to $3 million. This …