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Startups

Flutterwave Acquires Open Banking firm Mono to Expand Payments in Africa

Flutterwave, an African payments technology company, has acquired Mono, an open banking infrastructure provider, as it moves to strengthen bank-based and account-to-account payments across the continent. The deal deepens Flutterwave’s push beyond card payments toward open banking, a model that...

Tech

Mastercard partners with Mono to power innovative payment solutions in Nigeria

Mono Technologies Nigeria Limited, an open banking infrastructure for African businesses has partnered with Mastercard, to introduce Mono's DirectPay Pay with Bank on the Mastercard Payment Gateway System. The Mastercard Payment Gateway service is a robust, single touch point for...

Tech

Edtech Emonovo raises bridge round to grow its platform

Egypt-based edtech Emonovo (formerly MARJ3), the MENA region’s leading Ed-tech platform, has raised an undisclosed bridge round by strategic angel investors from US, Europe, and MENA and follow-on investment from Flat6Labs. Emonovo (Formerly MARJ3) is the MENA region’s leading Ed-tech...

Startups

Nigerian fintech startup Mono secures $15m Series A round led by Tiger Global for expansion.

Mono, a Nigerian fintech startup that is building open banking infrastructure that allows digital businesses in Africa access to customer financial data and bank payments, has announced a US$15 million Series A funding round led by Tiger Global to...

Startups

Nigerian API Fintech startup Mono secures $2M for expansion

Mono, a Nigerian fintech API startup, has raised $2 million in seed funding to help fuel Africa's internet economy. Mono, which was launched in 2020, assists digital businesses in Africa in gaining access to their customers' financial accounts for data...

Startups

Nigeria’s Mono raises $500,000 pre-seed funding to build the Plaid for Africa.

Mono, launched two months ago with the mission of becoming the go-to financial data infrastructure API platform in Africa to finalize its product, sign up more partners and expand across the continent. "Today, we’re happy to announce that we have raised...

Tech

Kenya’s Equity Bank Determined to Challenge M-Pesa’s Monopoly with Thin Sims

In a move that's set to revolutionize mobile money in Kenya and change the status quo of Kenya mobile money kings, Equity Bank through it's supplier Taisys announced it will be issuing a ultra-thin mobile banking smart SIM. Though it...

Business

Has Safaricom monopolized the telco market?

Kenya has been independent for over 50 years now, and its citizens have continued to enjoy numerous benefits of improved quality of life in several areas that make life better and enjoyable and more rewarding. The sheer ability to reach...

Startups

Five Ways to Create a Monopoly

Here are five ways you can follow to create a monopoly just like some firms have moved from being just mere upstarts to serving man's every little need on the internet. It’s hard to maintain monopoly status in a free...

Startups

Facebook Acquires UK’s Monoidics.com’s Assets & Scientists To Help Them Verify Their Code

Facebook has agreed to acquire Monoidics assets and its technical team is set to join Facebook's London office in London. Founded in 2009, Monoidics designs automatic verification tech for analysis of industrial software. Phillip Su announced,"I’m excited to announce that we’ve...

Tech

Ethiopia: No Liberalisation of the State Telecoms Monopoly

____ --> Hailemariam Desalegn, Ethiopia's Prime Minister has rejected the breaking calls of for the state-monopoly in telecoms services. He said that their governmetn needs the funding of revenue for unrelated railway project. In order to access the World Trade Organisation (WTO)...

Guides

Undetectable AI: How to Write Content that Defeats Any Detector

Now, with a technology-driven world, not only is quantity key in content creation, but also credibility, authenticity, and quality. Companies, companies, and content writers are increasingly turning to the implementation of AI in producing articles, social media messages, and...

Guides

Digital Libraries and the Future of Academic Publishing

A Shifting Landscape for Knowledge Academic publishing once followed a predictable path. Authors sent manuscripts to journals. Reviewers judged them. Libraries stocked the physical volumes. Today that cycle looks like something from a black and white film. Digital libraries now...

4G

OPPO Reno13 Launched in Kenya, Retailing at KES 39,999

OPPO Reno13 series has finally launched in Kenya with stylish design and powerful AI capabilities and is dubbed an AI imaging expert, equipped with flagship-level functions including AI Livephoto and AI Clarity Enhancer. The Reno13 series comes in three...

Guest

Shaping The Future Through Product Innovation

By Suat Ozsoy With its forward-thinking vision, Kenya is one of the world’s most dynamic markets for technology innovation, offering industry players exceptional growth opportunities. In this highly competitive landscape, companies must continuously come up with bold solutions to evolve...

People

William Kabogo Named Kenya’s CS for ICT & Digital Economy in Ruto’s Major Cabinet Reshuffle

William Kabogo, the former Kiambu Governor has been nominated as the Cabinet Secretary for Information, Communication, and the Digital Economy replacing Margaret Nyambura, who has been appointed as Kenya’s High Commissioner to Ghana. Kabogo, 63, who has no notable...

Tech

The role of the private sector in Kenya’s journey to 100% renewable energy by 2030

By Geraldine Sande, Channel Sales Leader for Schneider Electric East Africa Kenya is emerging as a leader in renewable energy on the African continent, with an impressive 90% of its electricity generated from renewable sources, primarily geothermal, hydro and solar...

Startups

One Acre Fund raises $1.4m from Impact Bridge to finance agricultural products

One Acre Fund has raised $1.4 million (£1million) from Impact Bridge Asset Management, a Spanish fund manager founded in 2018 and specialized in social impact investing, via its IB Impact Direct Debt, a €50m fund aimed at financing social...

Tech

What have been the biggest new mobile games of 2024 so far?

There have been many games to have been released on mobile that have been all-time classics and favorites with fans for years. Names like Subway Surfers, Pokemon GO, Candy Crush Sage, and Monopoly Go have all been at the...

Tech

High-Level Attendance Confirmed for Connected Africa Summit 2024

The Connected Africa Summit 2024, taking place later this month in Nairobi, has secured the participation of prominent African leaders and international dignitaries. Six African ICT Ministers have confirmed their attendance, including representatives from Sierra Leone, Zambia, Namibia, Somalia, Burundi,...

Tech

Sam Altman seeks massive investment to boost AI chip production

Artificial Intelligence (AI) pioneer OpenAI, led by CEO Sam Altman, is eyeing a revolutionary step, raising trillions of dollars to overhaul the global semiconductor industry. This ambitious plan aims to address the crucial shortage of AI chips. Motivated by...

Tech

Sam Altman to Invest Billions in AI Chips

OpenAI's Chief Executive Officer (CEO), Sam Altman, aims to secure billions for an AI chip venture, intending to use the funds to establish a global network of factories for chip fabrication. The effort involves collaboration with undisclosed top chip...

Samsung

Samsung Redefines Consumer Electronics Landscape with AI-Centric Innovations

Samsung Electronics Co., Ltd is set to revolutionise the consumer electronics industry with its unwavering commitment to AI-driven technology. Recognising AI as the cornerstone of innovation, Samsung is reshaping the future of its products, embedding AI capabilities across a...

Startups

Nigerian fintech Bujeti raises $2 million seed round to accelerate its growth

Nigerian fintech startup, Bujeti has secured a $2 million seed in a round aimed to accelerate its growth, increase market share, and expand its product offerings. The investment was led by Y Combinator (YC), with the participation of other investors including...

Smartphone

vivo Introduces V29 5G in Kenya with Innovative Smart Aura Light Portrait

vivo Smartphone , has officially unveiled its V29 5G smartphone in Kenya, its latest addition to its flagship V series. Now available for purchase in Kenya at the attractive price of 64,999 Ksh, the smartphones carry forward the V...

Tech

Vivo V29 5G gets announced, has massive 50MP selfie and premium curved display

Vivo has released the new V29 5G it brings several enhancements over the predecessor the V27 especially in photography, a signature feature of the V series. The vivo V29 5G brings forth significant enhancements to its Smart Aura Light Portrait...

Tech

Spotify partners with COLORSxSTUDIOS to feature six Kenyan Artists

Spotify has partnered with COLORSxSTUDIOS to showcase the smooth melodies of Kenyan R&B, with six special A COLORS SHOW performances. Six Kenyan artists, for the first time ever, will take to the infamous COLORS’ monochromatic stage, performing never-before-released singles. As...

Energy

Burn issues USD $10M Green Bond to support clean cooking in Sub-Saharan Africa

BURN, a global clean cookstove manufacturer, distributor, and carbon-offset project developer, announces the issuance of Sub-Saharan Africa’s first-ever green bond designated for clean cooking financing of USD $10 Million. Founded in 2011, BURN was created with the aspiration to save...

How To

What Are the Benefits of Learning a Second Language for Your Career?

Being bilingual or multilingual has gained value in the job market in today's globalized society. Learning a second language can open doors to several professional benefits, whether you want to grow in your current position or look into new...

Startups

Nigerian invoice-financing startup Zuvy secures $4.5 million to expand its footprint

Zuvy, a Nigerian invoice financing startup, has secured a $4.5 million investment in a funding round comprising both equity and debt. The funding was led by Investment firms TLG Capital and Dunbar Capital by including Chymia Consulting HK, Vicus Ventures,...

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