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South African AI Startup Yazi Secures First Institutional Funding at $1.6 Million Valuation
Founded in 2022 by CEO Timothy Treagus and CTO Mzwandile Sotsaka, Yazi is attempting to disrupt the $153 billion global market research industry by moving away from traditional email-based surveys and towards the world’s most used messaging platform: WhatsApp.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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Western AI Models “Fail Spectacularly” in Farms and Forests Abroad
Big Tech’s AI tools trained on Western data often can’t recognize local crops, forests, or farming conditions without adaptation to local environments, and there is a risk that a focus on profit by big tech firms and large agriculture companies will hurt farmers.
- Categories
- Agriculture, Technology
- Region
- Sub-Saharan Africa
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Analysis: Smartphones, Women’s Rights and Coupons: New Trends That Can Boost Insurance for African Farmers
Storms, drought, floods and heatwaves are a disaster for small scale farmers in Africa, who can’t all afford insurance. Yet new, technologically advanced and cheaper types of agricultural insurance exist and could be rolled out across Africa.
- Categories
- Agriculture, Technology
- Region
- Sub-Saharan Africa
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Western Union and Sasai Fintech Boost Digital Remittance Access for South Africa’s Consumers
Through this app, customers can transfer funds to billions of bank accounts and wallets worldwide, or for cash pick-up at hundreds of thousands of retail locations.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Iranian Drone Strikes at Amazon Sites Raise Alarms Over Protecting Data Centers
Tech industry’s past focus on cyberattacks and natural disasters overshadowed threats of physical attacks.
- Categories
- Technology
- Region
- Global
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South African Anti-Fraud Startup Orca Secures $2.35 Million Seed Round to Protect Emerging Market Payment Rails
As financial inclusion accelerates across Africa, largely driven by mobile money and e-wallets, cybercrime has followed suit. According to an Interpol report, South Africa was the most cyber-attacked country on the continent and the third most globally in 2021.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Big Tech ‘Leave Poor Farmers Sidelined’ In AI Revolution
The report published Wednesday by the International Panel of Experts on Sustainable Food Systems (IPES-Food) highlights how tech giants such as Google, Microsoft, Amazon and Alibaba are shaping the future of farming through cloud platforms and Artificial Intelligence (AI) tools, attracting substantial public and private investment.
- Categories
- Agriculture, Technology
- Region
- Global
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Silverflow Secures $40 Million to Grow Global Payments Platform
The new capital will also support geographic expansion, particularly in North America through the company’s New York operations, while strengthening its presence in Southeast Asia.
- Categories
- Technology
- Region
- Global
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