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Cape Town’s Open Access Energy Raises $1.8 Million to Scale AI-Driven Electricity Trading
Cape Town-based startup Open Access Energy (OAE) has secured $1.8 million (R32.3 million) in seed funding to expand its AI-powered platform for electricity trading.
- Categories
- Environment, Investing, Technology
- Region
- Sub-Saharan Africa
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Private Sector Developers Sign Funding Agreement to Fast-Track Rural Electrification in Zambia
This round of funding will stimulate and incentivize end-use demand for energy supplied by 43 existing and new mini-grids across Zambia, bringing reliable and affordable energy to underserved areas.
- Categories
- Energy, Investing, Technology
- Region
- Sub-Saharan Africa
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Ola Krutrim Acquires AI Platform Bharatsah’Ai’Yak
With this acquisition, Ola Krutrim plans to integrate BharatSah’AI’yak into its LLMs, cloud infrastructure, and agentic platform Kruti.
- Categories
- Agriculture, Education, Technology
- Region
- Asia Pacific
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Viewpoint: What Is the Place of Nollywood in the World?
As the Nigerian film industry arrives at a crossroads, experts weigh in on its place in the world and what the future holds.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Nigeria’s PaidHR Raises $1.8 Million Seed Round to Expand Cross-Border HR Services
With the new capital, the company plans to strengthen its product offerings, expand across African markets, and increase staffing, particularly in customer support.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Senegalese E-Health Startup KERA Raises $10 Million Funding from IFC
Senegalese e-health startup KERA Health Platforms has raised US$10 million in funding from the International Finance Corporation (IFC), a member of the World Bank Group.
- Categories
- Health Care, Technology
- Region
- Sub-Saharan Africa
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African Remittance Startup LemFi buys UK Card Issuer
Remittance flows to low- and middle-income countries rose nearly 6% last year to $685 billion, according to a World Bank estimate.
- Categories
- Finance, Technology
- Region
- Global
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Guinea and Sierra Leone to Jointly Develop Fiber Optic Infrastructure
"This move is intended to boost digital interconnection between the two West African countries, with the promise of more stable, affordable, and competitive broadband services for telecom providers, businesses, and public institutions."
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
