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Nigeria Secures $500 Million Investment to Propel Digital Economy Growth
The minister emphasized the government’s strategy to keep the funding local, ensuring genuine Nigerian businesses benefit.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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LemFi Bags $33 Million in Series a Funding Round to Fuel Global Expansion
LemFi launched in Canada in 2020 to enable “easy and low-cost” remittances to Nigeria, Ghana and Kenya.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- fintech, remittances
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ChatSME: South Africa’s First Large Language Model for Business Owners
This first-of-its-kind generative AI (Artificial Intelligence) model aims to provide easy access to valuable knowledge and resources, fostering growth and success in the vibrant, and crucially important SME (small medium enterprises) community.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Africans Secured 60% Of the Gates Foundation’s $5 Million Fund for Health-Focused AI Projects
Gates Foundation has selected 29 African researchers for its inaugural $5 million Grand Challenges fund for AI project targeted towards global health.
- Categories
- Health Care, Technology
- Region
- Sub-Saharan Africa
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UNICEF to Commit $270 Million to Support Poverty Alleviation in Nigeria
Minister of Humanitarian Affairs and Poverty Alleviation Betta Edu said the government will target about 71 million "extremely poor Nigerians" who live on less than $1.95 a day.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Press Release: Leila Janah Foundation Announces Winners of Sixth Annual Give Work Challenge
The challenge reflects the Foundation’s mission to create equal opportunities for women and youth in low-income communities in East Africa.
- Categories
- Agriculture, WASH
- Region
- Sub-Saharan Africa
- Tags
- nonprofits, poverty alleviation, waste, youth
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Press Release: Bboxx’s Innovative New Technology Will Extend Clean Cooking Access to 50 Million People by 2028
Bboxx launches new “Smart Cooking Valve” technology to stop charcoal led deforestation in Africa.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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UK Firm Babylon’s Woes Impact Rwandan Healthcare
Babylon recorded a net loss of $221.4 million on global revenue of $1.1 billion, according to Forbes, which has cast a shadow over its services globally.
- Categories
- Health Care, Technology
- Region
- Sub-Saharan Africa
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