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Smart Africa Launches Africa AI Council to Drive AI Adoption and Innovation on the Continent

Key Developments

Smart Africa Launches Africa AI Council to Drive AI Adoption and Innovation on the Continent

Smart Africa, a leading pan-African initiative, has unveiled the Africa AI Council, a strategic body designed to accelerate artificial intelligence (AI) adoption and innovation across the continent.

This new initiative seeks to enhance collaboration among governments, industry leaders, and academic institutions to leverage AI for economic and social advancement.

The Africa AI Council consists of 15 members, including government representatives, private sector executives, AI specialists, civil society stakeholders, and academics.
 
Its core mandate is to formulate policies, stimulate innovation, and create an environment conducive to AI-driven growth.
 
By fostering cross-sector partnerships, the Council aims to position Africa as a competitive player in the global AI landscape.

Founded in 2013, Smart Africa is dedicated to accelerating socio-economic development through ICT and digital innovation.
 
With 39 member countries representing over a billion people, the alliance spearheads various initiatives, such as the Smart Africa Digital Academy and the One Africa Network, to promote connectivity and technological advancement across the region.

A key objective of the Africa AI Council is to harness AI’s transformative potential in critical sectors such as agriculture, healthcare, and finance.
 
The integration of AI in these industries is expected to enhance productivity, stimulate economic opportunities, and generate employment, reinforcing Africa’s role in the global digital economy.

Despite AI’s vast potential, Africa faces notable challenges, including insufficient digital infrastructure, a shortage of skilled professionals, and concerns regarding data privacy.
 
To address these barriers, the Africa AI Council will advocate for increased investment in AI infrastructure, promote AI-focused education programs, and develop policies that balance technological advancement with ethical considerations.

The Council will work in tandem with governments and educational institutions to introduce AI-focused curricula in universities and training programs. 
 
Additionally, it will formulate policy frameworks that ensure responsible AI usage, safeguarding inclusivity and ethical standards.

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Egyptian Fintech Startup Khazna Secures $16 Million Pre-Series B to Drive Growth

New Investments

Egyptian Fintech Startup Khazna Secures $16 Million Pre-Series B to Drive Growth

Egyptian fintech company Khazna has successfully raised $16 million in a pre-Series B funding round to strengthen its presence in Egypt and expand operations into Saudi Arabia.

Founded in 2020 by Omar Saleh, Ahmed Wagueeh, and Fatimah El Shenawy, Khazna initially launched as an earned wage access platform.

Over time, it has evolved into a multi-service fintech provider, catering to a significant portion of Egypt’s smartphone users who lack access to formal financial services.

The company currently offers general-purpose credit, buy now pay later (BNPL) options, and bill payment services.

This latest funding round follows Khazna’s $38 million Series A investment in 2022.

Investors in the pre-Series B round include a mix of new and existing backers such as SANAD Fund for MSME, anb Seed Fund, Aljazira Capital, Khwarizmi Ventures, Nclude, ICU Ventures, Quona Capital, Speedinvest, and Disruptech Ventures.

With fresh capital secured, Khazna aims to accelerate its growth by applying for a digital banking license in Egypt and establishing strategic partnerships to enter the Saudi market.

CEO Omar Saleh described the funding as a major milestone for the company, emphasizing its role in expanding financial inclusion across the MENA region.

“This achievement not only strengthens our core operations but also enables us to fast-track our mission of financial empowerment. Our entry into Saudi Arabia marks the start of an exciting new chapter, and we remain dedicated to delivering a seamless digital experience to users across the region,” he stated.

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“We are delighted to partner with ISA to support the development of solar energy in Africa,” said Alain Ebobissé, CEO of Africa50. “This partnership will help to accelerate the deployment of solar energy in Africa and improve the lives of millions of Africans,” he added.

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Wanjira Mathai is Championing Climate Action, Sustainability, and African Development

Wanjira Mathai is Championing Climate Action, Sustainability, and African Development

Wanjira Mathai is a distinguished Kenyan environmentalist, climate advocate, and development strategist dedicated to advancing sustainability, reforestation, and climate resilience in Africa.

As the Managing Director for Africa at the World Resources Institute (WRI), she leads transformative efforts aimed at restoring ecosystems, combating climate change, and ensuring that Africa’s development is both inclusive and sustainable.

She is the daughter of the late Nobel Peace Prize laureate Wangari Maathai, a pioneer in environmental activism who founded the Green Belt Movement—an organization that has planted millions of trees while advocating for women’s empowerment and good governance.

Wanjira continues her mother’s legacy by driving initiatives that place African communities at the heart of climate solutions while ensuring that environmental restoration translates into economic prosperity for the continent.

Shaping Africa’s Climate and Development Future

Wanjira’s mission is clear: to drive Africa’s sustainable growth through climate action, nature-based solutions, and the empowerment of local communities.

She believes Africa must not only combat climate change but also seize the opportunities presented by the global green economy to create jobs, restore degraded lands, and ensure food security.

Her work at WRI focuses on three critical areas: restoring Africa’s landscapes and natural ecosystems, accelerating climate action and renewable energy, and championing women and youth in climate leadership.

Through these efforts, she is shaping the continent’s response to environmental challenges while ensuring that sustainability drives economic and social progress.

Wanjira is a leading voice in the African Forest Landscape Restoration Initiative (AFR100), a groundbreaking program that aims to restore 100 million hectares of degraded land by 2030.

By advocating for large-scale land restoration, she seeks to reverse desertification, enhance biodiversity, and improve agricultural productivity across Africa.

She also champions the Great Green Wall initiative, an ambitious African-led movement designed to restore degraded land across the Sahel region, providing climate resilience and new economic opportunities for millions of people who depend on the land for their livelihoods.

As an advocate for climate adaptation and resilience, Wanjira ensures that African countries receive the financial and technological support necessary to transition towards low-carbon economies.

She is a strong proponent of renewable energy solutions, particularly those that empower women and marginalized communities.

Her work with the Partnership on Women’s Entrepreneurship in Renewables (wPOWER) has played a crucial role in advancing access to clean energy, reducing dependency on harmful fossil fuels, and promoting sustainable livelihoods through green entrepreneurship.

Wanjira Mathai is also a global advocate for gender equity in environmental leadership, ensuring that women and young people are actively included in climate decision-making.

She chairs the Wangari Maathai Foundation, a platform that nurtures youth leadership in environmental conservation and civic engagement.

Through this foundation, she empowers young Africans to take charge of their future, advocating for policies and practices that support both environmental sustainability and social justice.  

Beyond her work in Africa, Wanjira is a recognized thought leader on the global stage, influencing key environmental and economic policies. 

Her work has earned her numerous accolades, solidifying her position as a global leader in climate action and sustainability.
 
She has been recognized as one of the TIME 100 Climate Leaders, highlighting her influence in shaping global climate policies and initiatives.
 
In Kenya, she has been honored among the Most Influential Women in Business & Government for her leadership in environmental sustainability.
 
Her dedication to conservation and climate justice has also been acknowledged through the prestigious Earth Hall of Fame Kyoto Award.  

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Mixo Ngoveni

Mixo Ngoveni is a visionary entrepreneur who has dedicated his career to promoting digital innovation and entrepreneurship in South Africa.

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