insert_link Africa Global tech giants in Africa AI gold rush By Conrad Onyango, bird story agency Global technology giants including Microsoft, IBM, Huawei, Nvidia, and Google are lining up to tap into a multi-billion dollar opportunity in the nascent Artificial Intelligence (AI) market. The five multinationals tops the list of more than 100 tech companies across the globe that will feature in the ‘AI Everything’ forum in this year’s GITEX Africa 2024, the continent's premier tech and […] todayMay 2, 2024 14
insert_link Africa UNDP launches “timbuktoo” initiative in Davos to revolutionize Africa’s startup ecosystem In Davos, the United Nations Development Programme (UNDP) launched the "timbuktoo" initiative in collaboration with African countries. The initiative, unveiled during a special session at the 24th Annual Meeting of the World Economic Forum, aims to be the world's largest financing facility, uniting catalytic and commercial capital to bolster Africa's startup ecosystem. H.E. President Paul Kagame of Rwanda, H.E. President Nana Akufo-Addo of Ghana, the Secretary-General of the African […] todayFebruary 21, 2024 57
insert_link Business / Economics The Alexforbes Lead Story – 20 February 2024 David speaks to Vitalis Haupindi, co-founder of exciting homegrown ed-tech startup Yyeni AI. https://iono.fm/e/1408221 todayFebruary 21, 2024 15
insert_link Africa 1 in every 3 dollars invested into startups in Africa in 2023 went into climate tech By Seth Onyango, via bird story agency Climate tech startups bucked the trend in Africa's venture capital space, actively notching up an impressive $1 billion amidst a broader funding fall-off in 2023. Data tracker, Africa: The Big Deal notes that around 1 in 3 dollars invested into startups on the continent in the forecast period went to climate tech startups. The strength of the sector according to the Deal, illustrates […] todayJanuary 30, 2024 2
insert_link Africa UNDP’s New $1 Billion Fund Could Boost Africa’s Tech Startups Globally At the World Economic Forum in Davos, Switzerland, in January, Presidents Nana Akufo-Addo of Ghana, left, and Paul Kagame of Rwanda helped launch the United Nations Development Program’s investment fund directed at tech startups in Africa. Called Timbuktoo, it could cushion the bearish state of venture capital globally. WEF2024 By Damilola Banjo via PassBlue Venture capital funding is shrinking globally, but experts are optimistic that a new $1 billion investment […] todayJanuary 30, 2024 19
insert_link Business / Economics As equity deals continue to decline and volumes dry up worldwide, African startups are increasingly relying on venture debt to stay afloat. By Conrad Onyango, bird story agency In 2022, when funding from venture capitalists began to dry up in Africa, Treepz, a shared mobility startup, was faced with a difficult decision... throw in the towel or grow the business without new investors. As part of their decision to keep going, they changed their core business model. “Towards the end of 2022, we knew the funding draught would happen in Africa. We […] todayJanuary 24, 2024 3
insert_link Africa Fintech and energy illuminate DR Congo’s nascent startup ecosystem By Conrad Onyango, via bird story agency The Democratic Republic of Congo (DRC), one of the world’s most resource-rich countries, is carving out a new prosperity niche as it emerges on the global tech scene. Known for its green metals, cobalt and copper, and the world's second-largest rainforest, the newest member of the East African Community is having a moment in the startup ecosystem. In 2023 the country raised […] todayJanuary 23, 2024 15
insert_link Africa 10 ventures announced for the Africa Tech Summit Nairobi 2024 investment showcase Africa Tech Summit Nairobi has announced ten African tech ventures that will showcase their solutions to a diverse audience of industry experts, investors and fellow innovators on February 14th and 15th. While African startup funding declined in 2023, the investment showcase continues to foster collaborations and stimulate investment opportunities to bridge the funding gap in the ecosystem. According to data from Africa: The Big Deal, African startup funding experienced a 39 […] todayJanuary 19, 2024 6
Paying it forward: Kenyan coastal doctor Bashrahil Mohammed Mafudh has made it his life’s work to care for the most vulnerable in his community, at no cost.
