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Egyptian health technology startup Chefaa announced, Tuesday, December 19, the successful completion of a $5.25 million funding round. The raised funds are earmarked for various purposes, including the advancement of its technology, broadening its range of offerings, and supporting its growth in Saudi Arabia—a market the startup recently entered.
US-based satellite broadband provider Starlink announced its rollout in Eswatini on Monday, December 18th, via a post on social media platform X. Accessing the services in Eswatini requires a one-time hardware purchase of 12,000 Rand (~$648) and a monthly subscription fee of 950 Rand, plus a 120 Rand regulatory fee. Shipping and handling costs 450 Rand. This rollout marks the eighth African country to welcome Starlink's high-speed internet services this year.
Ghana will launch a mobile-accessible version of its national ID card next year, announced Moses K. Baiden, CEO of Margins ID Group, the company spearheading the project. The app-based digital card will be equipped with a secure barcode and QR code for seamless verification across various services, including financial transactions.
The Smart Africa alliance, a policy initiative for the promotion of digital in Africa, announced on Wednesday, December 13 the signing of a three-year memorandum of understanding with the EoT Foundation.
The agreement, signed on the sidelines of the Digital Sovereignty Forum in Lausanne, Switzerland, aims to support African decision-makers on their digital transformation journey through capacity-building, forums, training, events, and networking between Africa and Europe.
Following a phone call on Tuesday, December 12, between Benin's Minister of Foreign Affairs, Olushegun Adjadi Bakari, and his Moroccan peer Nasser Bourita, Morocco has announced that Benin is now eligible for its e-visa program. The decision will become effective on January 1, 2024
Nigerian fintech startup Bujeti has completed a $2 million financing round in a deal led by Californian accelerator Y Combinator, Techcrunch reported on Thursday, December 7. The funds will be used to, among other things, introduce credit lines for small and medium-sized businesses, initiate corporate cards, and enhance its expense management platform.
Kenyan e-mobility startup BasiGo has announced the completion of a $5 million financing round. The funds, raised in the form of debt from British International Investment (BII), a British development finance institution, will be used to expand the assembly of electric buses in Kenya.
Nigerian cryptocurrency exchange platform Bitmama has acquired neobank Payday to expand the services of its platform Changera. According to information reported by TechCabal, Bitmama, valued at $30 million, has reportedly offered Payday's investors $1 million in equity and will take over the neobank's customer deposits and debts.
Egyptian proptech startup Partment has expanded into Greece, Disrupt Africa announced yesterday.
"This expansion aligns with our global vision of enhancing people’s well-being through sustainable second home access, making real estate investments affordable and accessible to all," said Nadim Nagui, Partment co-founder and CEO.
Team collaboration startup Cynoia announced last week the successful completion of a €850,000 financing round. The funds will finance the company's expansion in West Africa, mainly in Côte d'Ivoire and Senegal.
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From December 21 to 22, Morocco's economic hub, Casablanca, will host the 3rd edition of the "Digital Now!" conference. Organized by the business network Club des Dirigeants (CDD), this event has established itself as a pivotal gathering for professionals driving Morocco's digital and entrepreneurial landscape. This year's edition will delve into critical topics shaping the digital landscape, including digital transformation, the impact of artificial intelligence on businesses, tackling cybersecurity challenges, and safeguarding data.
Tanzania is currently finalizing its Digital Economy Strategic Framework 2023-2033, which is due for implementation in early 2024. A panel of digital experts has given the go-ahead to the suggestions and recommendations for the proposed national digital economy program.
According to local media reports, the program will serve as a roadmap for the country's day-to-day economic activities, guiding the processing and management of electronic messages and documents.
MPost, a Kenyan startup that revolutionizes postal services by converting phone numbers into virtual addresses, announced on Wednesday, November 29, its decision to relocate its headquarters to Kigali, Rwanda. The company will establish its base within the coworking space of the Norrsken Foundation, a prominent investment fund operating across the African continent.
“Our relocation to Kigali, Rwanda marks a significant step in our journey towards a broader international footprint. We are enthusiastic about the opportunities this move brings, as it sets the stage for MPost to deliver innovative postal solutions to a wider audience,” the startup wrote on its LinkedIn page.
South African logistics startup GoMetro announced on Wednesday, November 29, the successful completion of an $11.4 million Series A funding round. According to Justin Coetzee (photo), GoMetro founder and CEO, the funding will be used to accelerate the company's growth and expansion plans, with a focus on developing its engineering teams, distribution, and partner management teams as well as enhancing the management of electric buses and trucks.