
Kenyan agritech Victory Farms has raises $35 million in Series B funding round
Kenyan agritech Victory Farms has raised $35 million in Series B funding to finance its expansion plans.
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Microsoft has unveiled a $1 million initiative to train one million Nigerians in artificial intelligence (AI) and digital skills over the next two years
Announced at an event in Lagos, this program is a collaboration with organizations such as Tech4Dev and Data Science Nigeria, focusing on enhancing the employability of Nigerian youth through education in AI and cybersecurity.
Olatomiwa Williams, Managing Director of Microsoft Nigeria and Ghana, emphasized the company’s dedication to empowering individuals and organizations to seize opportunities in the AI-driven industrial landscape.
This initiative builds upon Microsoft’s previous efforts to strengthen digital skills across Africa.
In May 2024, in partnership with G42, Microsoft announced a $1 billion investment to enhance Kenya’s digital infrastructure, including the development of a geothermal-powered data center and an innovation hub.
Additionally, Microsoft has pledged to train one million South Africans in AI and cybersecurity skills by 2026, aiming to democratize access to AI education and foster a more equitable digital future.
While the $1 million investment in Nigeria aims to reach a vast audience, questions have been raised about the feasibility of training one million individuals with this budget, equating to $1 per trainee.
Details regarding the program’s structure, depth, and the nature of certifications to be offered remain undisclosed.
The State of AI in Africa: Policy and Funding
Africa’s AI landscape is rapidly evolving, marked by significant investments, policy developments, and a growing tech ecosystem.
The African Union (AU) has demonstrated a strong commitment to AI advancement by endorsing the Continental AI Strategy during its 45th Ordinary Session in Accra, Ghana, in July 2024.
This strategy promotes an Africa-centric, development-focused approach to AI, emphasizing ethical, responsible, and equitable practices.
Several African nations have proactively developed national AI policies to harness the technology’s potential.
Despite these advancements, challenges persist. Experts have noted that the state of AI in Nigeria is still in its early stages, with significant growth potential.
Educational initiatives and strategic investments are crucial to accelerate AI adoption and integration across various sectors.
“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.

Kenyan agritech Victory Farms has raised $35 million in Series B funding to finance its expansion plans.

Incofin, through its Water Access Acceleration Fund (W2AF), has announced a $3 million investment in Spouts International, a leading East African manufacturer and distributor of ceramic water filters under the Purifaaya brand.

Senegalese startup Kwely has secured funding from Fuzé, a venture capital arm of leading investment group Digital Africa.