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Madica funds three African startups
Madica, an Africa-focused pre-seed investment program, has selected three African startups as its first portfolio companies to receive investment funding.
Interview: AFF Director Munyi Nthigah on digital financial inclusion
Africa Fintech Festival (AFF) 2024 Festival Director Munyi Nthigah spoke to Connecting Africa Associate Editor Matshepo Sehloho at the Africa eGovernance Conference (AfreGov) in Kigali, Rwanda, about the importance of financial inclusion on the African continent.
Hot startup of the month: Kenya's Ketha Africa
Connecting Africa's hot startup this month is Ketha Africa, a Kenya-based agrifin platform that seeks to automate agriculture ecosystems by connecting the value chain actors and providing a robust network to ensure the security of transactions.
Nigeria launches own LLM, Kenya accelerates fiber rollout
Nigeria's Ministry of Communications, Innovation, and Digital Economy has launched the country's first multilingual large language model (LLM), while Kenya speeds up its fiber rollout.
Four agritech startups to watch in 2024
Connecting Africa has compiled a list of four agritech startups that are making a difference in the communities they serve.
TikTok deletes 1.7M videos by Nigerian users in Q4 2023
The short video social media platform TikTok has deleted 1.7 million videos by Nigerian users during the fourth quarter of 2023.
Canal+ makes formal offer to buy MultiChoice Group
French pay-TV company Canal+ has made an all-cash mandatory offer to buy all shares it does not already own of South African pay-TV and streaming company MultiChoice Group for R125 (US$6.70) per share.
Paymentology looks to strengthen its African roots
Global issuer-processor Paymentology's CEO Jeff Parker spoke to Connecting Africa about the company's African roots and aspirations to work with more banks, fintechs and enterprises both on the continent and globally.
MultiChoice chair stays on to conclude Canal+ deal
South African pay-TV and streaming company MultiChoice Group has extended chairperson Imtiaz Patel's tenure until the ongoing French pay-TV company Canal+ deal is completed.
Spotlight: Four women playing pivotal role in African telcos
Connecting Africa has compiled a list of four African women playing a pivotal role in the African telecommunication ecosystem.
South Africa key to Mimecast's business strategy – new CEO
South Africa remains a key pillar for email security company Mimecast's business strategy, according to new CEO Marc van Zadelhoff, who told Connecting Africa that Mimecast plans to further expand its operations across Africa and hire more local talent.
Kuda secures licenses in Tanzania and Canada
Nigerian digital bank Kuda has secured payment licenses in Canada and Tanzania, allowing it to offer remittance and multi-currency wallet services.
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Madica funds three African startups
Madica, an Africa-focused pre-seed investment program, has selected three African startups as its first portfolio companies to receive investment funding.
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Hot startup of the month: Kenya's Ketha Africa
Connecting Africa's hot startup this month is Ketha Africa, a Kenya-based agrifin platform that seeks to automate agriculture ecosystems by connecting the value chain actors and providing a robust network to ensure the security of transactions.
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Industry announcements
- New Africa eGovernance Conference comes to Rwanda
Kigali, Rwanda, Tuesday, February 27, 2024 - Africa Tech Festival announces finalists for Startup World Cup
Johannesburg, Friday, October 27, 2023 - AfricaIgnite Hosts the African leg of the Startup World Cup at ATF
Johannesburg, Wednesday, October 11, 2023
Upcoming events
Africa Tech Festival 2024
November 11-14, 2024Cape Town, South Africa
Africa Tech Perspectives
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Uber's Marjorie Saint-Lot on inclusion and sustainability in Africa
Uber's Country Manager for Ghana and Cote d'Ivoire, Marjorie Saint-Lot, shares how the ride-hailing company is approaching public-private partnerships, environmentally friendly initiatives and gender inclusion in Africa.
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The 100 most influential African leaders in 2023
A new report from Africa Tech Festival and Connecting Africa puts a spotlight on the top 100 African leaders in the telecoms and technology sector in 2023.
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Deep dive into East Africa's tech startup ecosystem
New survey reveals a lack of access to investors, reliance on international VCs and global recession trends as the biggest barriers for East African tech startups to access funds.
Guest Perspectives
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Omdia View: February 2024
By Omdia AnalystsHighlights in February 2024 in the Middle East and Africa included 5G launches in Senegal and 5G trials in Egypt as well as Kenya's first 5G MVNO. Airtel also launched a new wholesale connectivity business while MTN and Huawei are planning a joint Innovation Technology Lab in South Africa – that and more in this month's Omdia View.
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Omdia View: January 2024
By Omdia AnalystsHighlights in January 2024 in the Middle East and Africa included a $200 million fintech deal between MTN and Mastercard as well as 5G network trials by Telecom Egypt – that and more in this month's Omdia View.
