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$100 Million (R1.9 billion) Investment Boon for Mobile Games, Films in South Africa
Investment company Talent10 Holdings, in collaboration with the Industrial Development Corporation (IDC), has committed over $100 million (almost R1.9 billion) to develop a new entertainment and gaming franchise in South Africa.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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India, Ghana Agree To Operationalise UPI Link Within 6 Months
The linking of Indian and Ghanaian instant payment systems will be the latest in India's expansion of UPI operations, which are already available in countries such as France, UAE, Sri Lanka and Mauritius.
- Categories
- Finance, Technology
- Region
- South Asia
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Spatialedge, an AI Startup Based in South Africa, Secures $3.1 Million in Funding
Spatialedge, a South African startup providing data and applied artificial intelligence (AI) solutions, has raised ZAR60 million (US$3.1 million) to further its goal of revolutionising the retail sector.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Rwanda Gets €100 Million from European Investment Bank For Sustainable Agriculture
This initiative aims to transform rural Rwandan agriculture by making credit more accessible to agritech startups and agribusinesses.
- Categories
- Agriculture, Technology
- Region
- Sub-Saharan Africa
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Fship Ties up With India Post for Last-Mile Delivery of E-commerce Products
The collaboration will benefit Direct-to-Consumer (D2C) startups as well as small and medium businesses across India by enhancing last-mile delivery services for e-commerce products, the company said.
- Categories
- Technology
- Region
- Asia Pacific
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Microsoft Announces US $2.2 Billion Investment to Fuel Malaysia’s Cloud and AI Transformation
Today, Microsoft announced it will invest US$2.2 billion over the next four years to support Malaysia’s digital transformation – the single largest investment in its 32-year history in the country.
- Categories
- Investing, Technology
- Region
- South Asia
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Norrsken22 Invests $205 Million in Africa’s Growing Fintech Sector
Lexi Novitske expects a rebound beyond pre-2020 levels despite a dip in 2023.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Analysis: AI in Africa Opens up New Battlefront for China, US
The US and China are in a new race to shape the development, use and governance of artificial intelligence in Africa, even as African countries scramble to devise their own AI policies.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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