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Tech Startups

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Africa

Google and Oracle ramp up cloud in Africa to tap fast-growing e-Conomy

    By Seth Onyango, via bird story agency   Google Cloud announced on Friday (February 2) that it had opened its first cloud region for Africa, located in Johannesburg, South Africa. The new region will offer its core cloud services, such as computing, storage, networking, and security, to customers across the continent. The move comes as research from McKinsey showed that while cloud-native startups in Africa are luring tech […]

todayFebruary 5, 2024 26

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 25

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