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Nigeria’s Carbon Buys Vella Finance for AI-Powered Business Banking
Carbon's focus is on providing Nigerians with access to credit in the form of instant loans and a BNPL offering. It also offers savings plans and a debit card.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Airtel Africa Plans to Set up a New Data Centre in Kenya
Airtel Africa aims to reduce data management costs and enhance the accessibility of digital services by constructing local data centres, thereby encouraging innovation and supporting Africa’s emerging tech talents.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
- Tags
- data, digital inclusion, startups
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Nigerian-Born Moove Receives $10 Million for India Expansion
The mobility company, which entered India in 2023, states the new fund will help it strengthen its presence in the Indian market and expand operations to new cities, such as Delhi, Pune, and Kolkata.
- Categories
- Technology, Transportation
- Region
- Global
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How Spotify Helped Turn Afrobeats into a Global Phenomenon
The Swedish music giant is pushing to make Africa’s biggest sound the world’s favorite sound.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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Mexico Tells Amazon to Reveal Its Algorithms, Open up Delivery and Wall off Prime TV
Mexican regulators have ordered online retailers Amazon and Mercado Libre to reveal their algorithms and to wall off TV streaming to avoid stifling competition.
- Categories
- Technology
- Region
- Latin America
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Press Release: Bold Raises $50 Million in Series C Funding Round Led by General Atlantic and IFC
Bold was founded in 2019 to serve small and medium-sized businesses (SMBs) with a mission of fostering financial inclusion through the democratization of Colombia's digital economy.
- Categories
- Finance, Technology
- Region
- Latin America
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Leveraging Artificial Intelligence for Cybersecurity in Africa: How AI Can Help Ensure the Continent’s Digital Safety
Cyberattacks are increasing globally, and Africa experiences the highest volume in the world. According to Lanre Ogungbe at Prembly, this has resulted in significant repercussions for businesses and entire economies. He explores how cybercriminals target Africa’s unique vulnerabilities, and how artificial intelligence (AI) is poised to transform the scale and scope of both cybercrime and the cybersecurity efforts that aim to address it on the continent.
- Categories
- Technology
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National IDs linked to 80% of Identity Fraud Attacks in Africa
National IDs are the most attacked document type in Africa, according to Smile ID.
- Categories
- Technology
- Region
- Sub-Saharan Africa