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Schneider Electric’s early detection of overheating cables solution PowerLogic HeatTag now available in Anglophone Africa
Schneider Electric, the leader in the digital transformation of energy management and automation has unveiled PowerLogic HeatTag, an innovative smart sensor for early detection of overheating of wire connections…
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Mama Fua among seven startups awarded Ksh1 million each by Mozilla
Seven startups from Uasin Gishu county have received Ksh. 1 million each from Mozilla and the Gladys Boss Foundation to improve their products and push them to the next…
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Kenyan agritech Victory Farms raises $35 million Series B funding
Victory Farms, a Kenya-based aquaculture startup operating around Lake Victoria has raised $35 million in Series B round. Previously the firm had raised $4 million in debt funding and…
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dLocal launches new payment platform to boost African e-commerce transactions
dLocal has announced the launch of a new all-in-one payment solution to manage global platform payments in one place. Known as dLocal for Platforms, the end-to-end payment solution will…
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DFC invests $25 million in Pan-African VC firm Novastar Ventures
The U.S International Development Finance Corporation (DFC) has invested $25 million in a new fund by Pan-African venture capital firm Novastar Ventures, aimed at supporting startups building agriculture and…
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Tigo, Selcom and Mastercard partner to launch online digital payment solution in Tanzania
Tigo Tanzania, Selcom and Mastercard Inc. have announced a strategic partnership that will see the three industry leaders revolutionize the digital payment ecosystem by enabling convenient online payments globally…
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Aspira, Moringa School Partner To Offer Tech Students Loan Financing
Through the partnership, students will be able to access finance to purchase laptops and hi-tech machinery, desks, chairs, and other resources they need to start off on their professional…
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Flutterwave secures two additional licenses in Rwanda
Flutterwave, Africa’s payments technology company, has announced that it has received its Electronic Money Issuer and Remittance Licenses from the National Bank of Rwanda. This will help the company…
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Electric mobility firm Roam steps up motorcycle assembly
Swedish-Kenyan electric vehicle firm Roam has opened a larger plant off Nairobi’s Mombasa Road that it expects to assemble up to 50,000 motorcycles per year in the medium term.…
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DTB and Mastercard partner to offer payment solutions for fintechs
Diamond Trust Bank (DTB) and Mastercard announced a strategic agreement that will enable the bank to provide payment cards to tech-enabled companies including fintechs in Kenya. The Agreement, a…
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