African startups raised $460 million in the first quarter of 2025, according to data from Africa: The Big Deal. This total includes all funding deals worth at least $100,000. Although promising, this marks a 40.5% drop compared to the $774 million raised in Q4 2024. Startups raised the most in January 2025, collecting $289 million. […]
South African fintech company Stitch has raised $55 million in a Series B funding round. This new investment brings the startup’s total funding to $107 million since it launched four years ago. Stitch plans to use the funds to grow its in-person payments platform and improve its online payment products. QED Investors led the Series […]
Dr. Leo Stan Ekeh, Chairman of Zinox Group, has backed KongaFM, Nigeria’s first AI-powered radio station. He praised the station as a game-changer for brands looking to win consumer trust and loyalty. Speaking at a Lagos event hosted by KongaFM, Ekeh stressed the power of the “last mile” in marketing. He said brands must connect […]
Platview Technologies has become a Platinum Partner for global cybersecurity giants Thales and Imperva. This top-tier recognition shows Platview’s strong dedication to protecting African businesses from cyber threats. On Monday, Platview announced that the partnership gives it access to advanced cybersecurity tools and global support. Now, Platview can offer better services like data encryption, app […]
The National Information Technology Development Agency (NITDA) has signed a major agreement with French cybersecurity company, SecDojo. This partnership will create Nigeria’s first Cybersecurity Academy to train local experts and improve national digital security. The signing took place at the GITEX Africa tech event in Marrakech, Morocco, which runs from April 14 to 16. NITDA […]
Founded in 2019, PricePally built its name offering group-buying deals for essentials like tomatoes and rice. By 2021, it had expanded into B2B procurement for restaurants and hotels, and by 2023, this segment accounted for a quarter of its revenue. But as Nigeria’s economy dived, that revenue stream dwindled to just 10% in 2024.
Backed by the Ministry of Communications and Digital Economy, the revamped board includes figures from diverse sectors. Among them are Rabi’a Adamu Waziri of the Petroleum Technology Development Fund, Abubakar Abdulqadir Maje from Joint Stock Association, and Kemi Owonubi from the Ministry of Finance Incorporated.
Held under the authority of Morocco’s Ministry of Digital Transition and Administration Reform, the three-day gathering is organised by KAOUN International — the overseas events arm of Dubai World Trade Centre (DWTC).
The gathering aimed to cultivate a collaborative tech ecosystem while enhancing Africa’s competitive stance in emerging digital sectors. According to the EUACC, this initiative is more than just a two-day meeting—it’s part of a longer-term push to place Africa at the forefront of blockchain and AI-led innovation.
The latest development affects several crypto startups that applied for licences under ARIP back in June 2024. Many of these firms, which are still working with the SEC to meet compliance standards, are now stuck in limbo. Since granting provisional approvals to exchanges Quidax and Busha in August 2024, the SEC has yet to clear any more applicants.
African startups raised $460 million in the first quarter of 2025, according to data from Africa: The Big Deal. This total includes all funding deals worth at least $100,000. Although promising, this marks a 40.5% drop compared to the $774 million raised in Q4 2024. Startups raised the most in January 2025, collecting $289 million. […]
South African fintech company Stitch has raised $55 million in a Series B funding round. This new investment brings the startup’s total funding to $107 million since it launched four years ago. Stitch plans to use the funds to grow its in-person payments platform and improve its online payment products. QED Investors led the Series […]
Dr. Leo Stan Ekeh, Chairman of Zinox Group, has backed KongaFM, Nigeria’s first AI-powered radio station. He praised the station as a game-changer for brands looking to win consumer trust and loyalty. Speaking at a Lagos event hosted by KongaFM, Ekeh stressed the power of the “last mile” in marketing. He said brands must connect […]
Platview Technologies has become a Platinum Partner for global cybersecurity giants Thales and Imperva. This top-tier recognition shows Platview’s strong dedication to protecting African businesses from cyber threats. On Monday, Platview announced that the partnership gives it access to advanced cybersecurity tools and global support. Now, Platview can offer better services like data encryption, app […]
The National Information Technology Development Agency (NITDA) has signed a major agreement with French cybersecurity company, SecDojo. This partnership will create Nigeria’s first Cybersecurity Academy to train local experts and improve national digital security. The signing took place at the GITEX Africa tech event in Marrakech, Morocco, which runs from April 14 to 16. NITDA […]
Founded in 2019, PricePally built its name offering group-buying deals for essentials like tomatoes and rice. By 2021, it had expanded into B2B procurement for restaurants and hotels, and by 2023, this segment accounted for a quarter of its revenue. But as Nigeria’s economy dived, that revenue stream dwindled to just 10% in 2024.
Backed by the Ministry of Communications and Digital Economy, the revamped board includes figures from diverse sectors. Among them are Rabi’a Adamu Waziri of the Petroleum Technology Development Fund, Abubakar Abdulqadir Maje from Joint Stock Association, and Kemi Owonubi from the Ministry of Finance Incorporated.
Held under the authority of Morocco’s Ministry of Digital Transition and Administration Reform, the three-day gathering is organised by KAOUN International — the overseas events arm of Dubai World Trade Centre (DWTC).
The gathering aimed to cultivate a collaborative tech ecosystem while enhancing Africa’s competitive stance in emerging digital sectors. According to the EUACC, this initiative is more than just a two-day meeting—it’s part of a longer-term push to place Africa at the forefront of blockchain and AI-led innovation.
The latest development affects several crypto startups that applied for licences under ARIP back in June 2024. Many of these firms, which are still working with the SEC to meet compliance standards, are now stuck in limbo. Since granting provisional approvals to exchanges Quidax and Busha in August 2024, the SEC has yet to clear any more applicants.
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