Ventures Platform Raises $84 Million Fund II
Ventures Platform has closed its second institutional fund at $84 million. The Nigerian venture capital firm is one…
Verascient Raises $1.2m to Help Firms Build AI Teams
Cape Town-based AI startup Verascient has raised $1.2 million. This is the company’s first funding round. The money…
South Africa Funds $18.2m Supercomputer After Hack
South Africa has approved 292 million rand, about $18.2 million, for a new supercomputer. The funding will replace…
Nigeria Government Approves New Digital Address Framework
The Federal Government has approved a new framework for digital addresses across Nigeria. Under the plan, every home,…
Askya Unveils $200,000 Programme for 10 African AI Startups
Askya Investment Partners has opened applications for a new programme built for African AI startups. The firm will…
AWS Bets on Africa’s Data Sovereignty Push to Win AI Race
Africa’s data protection rules are getting tougher. Global cloud giants are scrambling to keep up. From Nigeria to…
MVNOs in Nigeria: 5 Reasons Launches Keep Failing
Nigeria’s telecom regulator handed out dozens of Mobile Virtual Network Operator licenses starting in 2023. The plan was…
Nigeria, Ghana power MTN’s historic $7.18bn H1’26 revenue, offsetting South Africa struggles
MTN Group has posted a historic $7.18 billion in service revenue for the first half of 2026. That…
Vox, Frogfoot Secure $900m to Expand SA Broadband
South African telecom group Vivica has secured 14.4 billion rand, about $900 million, to fast track fibre broadband…
Nigeria’s New SEC Crypto Fee: Why Startups Could Be Forced Out
Nigeria’s Securities and Exchange Commission has rolled out a new regulatory framework for digital and virtual assets. As…