Category: Key developments

Kenya’s President William Ruto has launched the much anticipated East Africa Device Assembly Kenya Limited (EADAK) in Athi River, Machakos County.

Pan-African digital payments network MFS Africa has joined forces with Mvola, the biggest mobile money provider in Madagascar, to pave the way for inbound international money transfers.

Ghanaian startup Kofa, a pioneer in battery network solutions, has teamed up with TAILG Group, a prominent electric vehicle (EV) brand hailing from China, to launch the Jidi electric motorcycle.

Kuramo Capital Management, a prominent investment management firm with a focus on Sub-Saharan Africa (SSA), has announced its ambitious plan to invest $150 million in supporting female-led startups throughout the African continent over the next decade.

OceanHub Africa, a business accelerator for environmentally conscious startups, has concluded its fourth cohort with a boot camp for the six startups participating in the eight-month program.

Endeavor and FMO, the Dutch entrepreneurial development bank, have announced the launch of the second cohort of their African Agritech Accelerator program.

E-commerce giant Amazon has disclosed its plans to launch Amazon.co.za in 2024.

Andela, an Africa-focused talent outsourcing startup, has launched Andela Talent Cloud, an integrated end-to-end platform that connects skilled individuals with businesses, transforming the hiring process for tech companies and talents.

Flutterwave, a leading African payments company, has entered into a five-year technology collaboration with Microsoft to build an upgraded platform on Microsoft Azure.