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Liquid C2, a subsidiary of Liquid Intelligent Technologies has expanded its Cloudmania business into Egypt, the leading pan-African technology group announced on July 16.
Cloudmania is an award-winning distribution unit for cloud and cyber security solutions. It operates in 35 countries across the Middle East and Africa.
The company provides innovative cloud technology, enabling businesses to deliver superior solutions to customers.
Tech services provider TD Africa and Cisco recently launched a month-long training program under the TD Academy banner to tackle Africa's technology skills gap.
The program, “Introduction to Cisco Networking Solutions and Workplace Professional Skills,” aims to tackle Africa’s technology skills gap. It combines technical training with vital soft skills, providing participants with a well-rounded skill set for today’s job market.
Mastercard has partnered with Kalabash54, the fintech subsidiary of Wakanow Group, to launch a travel card for customers in Nigeria and Ghana, the company announced on July 15.
This initiative aims to provide a secure and convenient payment solution tailored for regional travelers. Users can fund their trips directly through the Kalabash54 app using physical or virtual cards, with options to use local currency or USD.
With the launch of these travel cards, Mastercard and Kalabash54 aim to redefine travel payments in West Africa, simplifying financial management for travelers.
Nigeria-based NeuRaL AI has introduced REACTOR, an AI platform designed to help businesses integrate Generative AI into their operations.
NeuRaL AI is a company that offers Artificial Intelligence solutions to businesses, from setup to maintenance and training.
Visa has opened applications for the third cohort of its Accelerator Program in Africa. This initiative aims to support innovative startups by providing resources and guidance for scaling their solutions.
The Program offers mentorship, access to Visa’s network, and partnership opportunities to pilot solutions. It aims to help startups scale their operations and impact across Africa.
Applications close on August 11.
Innovate Africa has launched with an initial $2.5 million to support early-stage startups tackling Africa’s challenges.
The fund aims to back up to 20 startups in its first year, focusing on solving complex problems such as insecurity, unemployment, and poverty through purpose-driven technology.
Nala, a Tanzanian payments company headquartered in Kenya, has raised $40 million in Series A funding, Founder and CEO Benjamin Fernandes announced on July 9, on X. The fund will support the company’s global expansion and enhance its payment systems in Africa.
Nala allows users to transfer money from the UK, US, and EU to Kenya, Uganda, Tanzania, Rwanda, and Ghana.
The Offshore Lab, a Nigerian company focused on Project delivery, capacity building, education, technology and innovation, has announced the completion of the ICT and Innovation Centre at Sa’adu Zungur University in Bauchi State, Nigeria.
The project, funded by Shell Petroleum Development Company (SPDC) and NNPC Limited, was inaugurated on July 4. It aims to address both local and global challenges through advanced technology by bridging infrastructure gaps and equipping young people with digital skills.
The Agribusiness Innovation Challenge, co-created by the Nigeria Climate Innovation Center (NCIC) and the Global Alliance for Improved Nutrition (GAIN), invites young entrepreneurs aged 18-35 passionate about agriculture and technology to develop solutions to improve the food supply chain in Nigeria.
Winners will secure a 2,000,000 naira ($12,700) equity-free grant and other benefits, with applications closing on July 26th, 2024.
Glass House PR has partnered with the Fintech Association of South Africa (FINASA) to host the 3rd Africa Digital Finance Summit (ADFS) in Johannesburg.
The summit will discuss regulatory advancements, technological innovations, and fintech investment opportunities. It will take place from November 20th to 22nd.
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Colombian fintech Minka has expanded into the East African market to facilitate global purchases for Africans by enabling global merchants to accept local payments, such as mobile money or cash.
Minka's model employs in-house financial protocols to accelerate money transfers between banks by creating a common language for different payment systems, simplifying the reconciliation process.
VezoPay has introduced Africa’s first smart ring, revolutionizing contactless payments across the continent.
This ring offers quick, secure payments in just a second, connecting seamlessly to any terminal using advanced NFC tokenization to encrypt data, approved by Visa and Mastercard.
On Monday, July 1, Senegalese Minister of Public Service and Public Service Reform (MFPRSP), Olivier Boucal, and the rector of Cheikh Hamidou Kane Digital University (UN-CHK), Moussa Lo, signed a partnership agreement. Under this partnership, UN-CHK will provide its digital expertise to the MFPRSP for transforming the public sector and digitizing public services. The partnership also includes training and capacity building for public service employees in the digital domain, among other initiatives.
On Wednesday, June 26, the West African Monetary Institute (WAMI) launched the Unique Banking Identifier and Digital Interoperability Project in Guinea, The Gambia, Sierra Leone, and Liberia. Financially supported by the African Development Bank, the project aims to develop the financial system of the West African Monetary Zone (WAMZ), promote economic growth, reduce poverty, and enhance financial inclusion for successful economic and financial integration in West Africa.