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Top 5 Ventures Supporting Kenyan Fintech
Venture capital plays a crucial role in fueling the growth of Kenya’s thriving fintech sector. Here’s why their support is important: Funding Innovation: Fintech startups often require significant capital…
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Intron Health Lands $1.6M to Improve Clinical Speech Recognition
Intron Health, a pioneering healthcare technology startup, has recently announced receiving $1.6 million in pre-seed funding to further develop its cutting-edge clinical speech recognition platform. The funding round was…
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Safaricom Turns to Hydrogen for Green Growth
Safaricom is actively seeking providers of hydrogen fuel cell solutions for its telecom towers as part of its broader strategy to reduce energy operating expenses and environmental impact. The…
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Village Capital Invests in AquaRech and CoAmana to Drive African Agtech
Recently, Village Capital made significant investments in two noteworthy startups, Kenya’s AquaRech LTD and Nigeria’s CoAmana, as part of its Reducing Inequalities Investment Facility. These investments, backed by FMO…
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Visa’s AI Technology Prevents $40 Billion in Fraudulent Transactions
Visa’s relentless dedication to combating fraud has resulted in remarkable achievements, with its AI-powered systems successfully intercepting a massive $40 billion in fraudulent transactions in 2023. This significant milestone…
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Plentify Raises Funds to Expand Smart Energy Solutions
Africa’s rapidly evolving climate tech sector has experienced an extraordinary surge, with startups spanning the continent attracting substantial investments and spearheading innovative solutions. In the first half of 2024,…
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Applications Open for HiPipo’s 40 Days 40 FinTechs Initiative
Call for Entries: Season Five HiPipo recently announced the opening of registrations for the fifth season of the renowned 40 Days, 40 FinTechs initiative. This annual programme has consistently…
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Wiz Declines $23 Billion Acquisition Offer from Google
Cybersecurity firm Wiz, led by the visionary CEO Assaf Rappaport, has opted to reject a record-breaking $23 billion acquisition proposal from Google’s parent company, Alphabet. This decision underscores Wiz’s…
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UNESCO and Huawei Launch AI Curriculum for East African Universities
UNESCO and Huawei have joined forces to launch an innovative AI training programme for university lecturers across Eastern Africa. To equip the next generation with the skills needed to…
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Kenya Secures Largest Share of AfDB Funding in East Africa
Kenya has emerged as the undisputed champion of African Development Bank (AfDB) funding in East and Central Africa over the past decade. This strategic partnership has unlocked billions of…
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