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Category: Key developments
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Visa Opens First African Data Centre in Johannesburg to Strengthen Fintech Infrastructure
Visa has launched its first data centre in Africa, selecting Johannesburg, South Africa, as the location.
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Meta Acquires Egyptian Voice AI Start-Up PlayAI
PlayAI, a voice technology company founded by Egyptians Mahmoud Felfel and Hammad Syed, has been acquired by Meta, according to an announcement by global venture capital firm 500 Global.
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Ethiopia Introduces First Local Credit Card to Modernize Its Financial System
Ethiopia has launched its first locally issued credit card, marking a key step toward digital transformation in its financial services.
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Kenya and Tanzania Launch Cross-Border Fiber Network to Boost Regional Connectivity
Kenya and Tanzania have jointly launched a new terrestrial fiber optic link between Dar es Salaam and Mombasa, a project aimed at improving digital communication and internet access across East Africa.
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10 African Fintech Startups Ranked Among the Top 300 Globally in 2025
Ten financial technology companies from Africa have been included in the 2025 list of the world’s 300 leading fintech firms, compiled by CNBC and Statista.
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Kenyan Startups Roam, Keep It Cool Launch Africa’s First Electric Cold-Chain Delivery Network
Two Kenyan startups, Roam and Keep It Cool, have partnered to introduce what they describe as Africa’s first fully electric cold-chain delivery system.
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Cassava and Nvidia Break Ground on Africa’s First AI Factory in South Africa
Africa’s journey into the artificial intelligence space has taken a major leap with the launch of its first AI factory, currently under construction in South Africa.
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US Firm HYDRO-LINK to Build $1.5 Billion Power Line Linking Angola and DRC
U.S.-based energy company HYDRO-LINK has unveiled a plan to construct a 1,150-kilometre electricity transmission line that will connect Angola with the Democratic Republic of the Congo (DRC).
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EdgeNext and iXAfrica Partner to Accelerate Digital Infrastructure Growth in East Africa
EdgeNext, a global edge computing and cloud services provider, has partnered with iXAfrica Data Centres, Kenya’s leading hyperscale and AI-ready data center, to boost digital infrastructure in East Africa.