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Category: Key developments
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Botswana Partners with Zotus to Develop Dubai-Inspired $20 Billion Smart City in Kalahari Desert
Botswana has launched one of the most ambitious infrastructure projects in its history — a $20 billion smart city in the Kalahari Desert, known as Kalahari City.
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Nigeria’s MAX Leads Green Revolution with First-Ever Solar Battery Swap Station in West Africa
Nigerian electric mobility startup MAX has introduced its first solar-powered battery swap station, aiming to offer a clean and reliable energy solution for transport operators across West Africa.
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Africa’s Business Heroes Unveils Top 50 Finalists for 2025 Prize
Africa’s Business Heroes (ABH), a program under Alibaba Philanthropy, has named the 50 finalists for its 2025 edition, drawing from a record number of applicants across the continent.
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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.