Kenyan fintech, Zanifu raises $11.2 million pre-Series A

Zanifu has raised $11.2 million in a pre-Series A round to expand access to credit for small businesses in Kenya.

Introducing “The Investor Clinic”, a monthly virtual event for African tech founders

Pitch, get feedback, and secure VC funding; The Investor Clinic is designed to support African startups amid a funding dip post-market reset.

Meet the only African startup in Techstars New Orleans accelerator

The startups would participate in a 13 weeks hybrid programme that will take them from a kick-off retreat in New Orleans to TechCrunch Disrupt in San Francisco, and Afrotech in Austin.

BD Insider 178: Moniepoint enters Nigerian retail banking market

The fintech company is rolling out a consumer app and debit card that will enable personal banking transactions.

Amazon launches the first non-US-based Skills Centre in South Africa

Amazon has launched the first AWS Skills Centre based outside of the US, in South Africa, to deliver free training for learners in the region.

Olumide Balogun is Google’s new director for West Africa

Google has appointed Olumide Balogun, its former head of consumer apps for Sub-Saharan Africa, as Director for West Africa.

Tinubu appoints CcHUB’s ‘Bosun Tijani as minister of digital economy

Two weeks after he was named a minister-designate, CcHUB’s co-founder and CEO 'Bosun Tijani has been appointed as Nigeria's minister of communications, innovation, and digital economy.

Nigerian Government commends Google’s ₦1.2 billion grant initiative

The Federal Government of Nigeria through, the Vice President, Kashim Shettima has praised Google's ₦1.2 billion grant initiative to train Nigerian youths with digital skills.

African countries rank lowest on the AI readiness index globally

According to a report by Oxford Insights, African countries rank lowest on the AI readiness index globally. However, Mauritius, South Africa, and Seychelles are leading the drive.

Recap of ProductDive’s inaugural hybrid event

The Dive gathered product managers, senior product managers, Head/Director/VP of products, founders, and enthusiasts across the country.

Farm Central Intelligence emerges winner at AFEX Code Cash Crop 4.0 Ag-hackathon

AFEX, Africa’s leading commodities market player, hosted its fourth annual ag-hackathon, Code Cash Crop 4.0, aimed at harnessing the intersection of technology, finance, and agriculture to create a platform for young tech enthusiasts to create viable solutions.

Mastercard to acquire a minority stake in MTN’s $5.2 billion fintech business

Global payments company, Mastercard has agreed to purchase a minority stake in MoMo, MTN’s $5.2 billion fintech business.