The investment round was led by venture capital firm Creandum, with participation from Janngo.africa and existing investors such as Y Combinator, Firstminute Capital, 4Cities, The Raba Partnership, Kara Investments, Algorithmic Strategies, Rebel Fund, Maiora, and Pioneer Fund.

Building on the success of Temtem ONE, founder Kamel Haddar is expanding his impact on the African tech landscape with Code213. The edtech startup has already trained thousands in just two years of existence.

With the government hoping AI will contribute 7% of Algeria’s GDP by 2027, the urgency is clear.

Founded in 2022 by former Fawry and Orange executive Maged Negm, Qme SaaS positions itself as Africa’s first AI-based customer journey platform, integrating booking, queuing, and payments into a unified digital infrastructure.

Gueye’s inspiration for Nixacom AI stemmed from his time in the United States, where he facilitated shipments of automobiles to Senegal.

This tech-first approach has yielded impressive results, with Sumet reporting 15x growth since the second quarter of 2023 and a tripling of its team to over 70 employees.

Users are becoming more willing to share personal information online, often in exchange for small incentives.

For investors, the message is clear: SPACs in Egypt are no longer just about mergers. There are now other options.

From Wall Street to AI: Amid legal battles and the collapse of his fintech empire, a Nigerian fintech founder has launched a substantial AI project, marking a dramatic new twist to...

The overall target fund size is between €60 million and €80 million.

“They all knew that the naira’s devaluation was a direct result of Tinubu’s monetary policy, which depegged the naira from the dollar. Instead of acknowledging this, they used Binance as a convenient villain.”

CubeSpace has established itself as a key player in the SmallSat sector, providing cost-effective and reliable solutions that streamline satellite deployment.