Alibaba plans to build a data center in Vietnam to store data locally in compliance with legal requirements, while it currently relies on government-owned facilities. The []

bySara DelgadoMay 17, 2024No comments1 minute read Colombian recruiting startup Magneto raised $7M in a seed round from Alive Ventures, Pashin, Impact Ventures PSM, and Latin []

Copia Global, the Kenyan e-commerce startup and fintech platform catering to mass market consumers, finds itself at a critical juncture amid financial constraints. The companys recent []

Spiro, an African electric vehicle company in Africa has signed an agreement for a significant $50 million debt facility with the African Export-Import Bank (Afreximbank). Details []

byHellen VillenaMay 17, 2024No comments1 minute read HR and payroll platform Worky raised a $6M Series A round led by Atlantico. ADP Ventures also participated in []

HL Mando Corp., the electric vehicle and autonomous driving systems arm of South Koreas HL Group, announced on Thursday that it has signed an agreement with []

Saudi Arabia-based logistics startup MDD has closed its Series A round for a 5% stake with a valuation of $26 million (SAR100 million). Founded in 2019, []

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UAE-based proptech Keyper has raised $4 million in equity in a pre-Series A round, led by BECO Capital and Middle East Venture Partners (MEVP), with participation []

African e-commerce giant Jumia is betting on Nigeria despite the countrys economic challenges, aiming to steer itself toward profitability. Francis Dufay, CEO of the Nasdaq-listed company, []

Exclusive Networks Africa, a cybersecurity specialist, has reached a significant milestone in its market development journey in Africa, highlighted by the official opening of its new []

The Bank Of Ghana (BoG) has released its Q1 2024 report on fintech in Ghana. The report which was compiled by the Fintech and Innovation Office []

Mehrere Unternehmen in China arbeiten an der Herstellung von humanoiden Robotern. Kein Wunder, hat das chinesische Ministerium doch den Plan entwickelt, ab 2025 humanoide Roboter in []

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UAE-based electronics marketplace Revent has raised $900,000 in a pre-Seed round, provided by Techstars and a group of angel investors. Founded in 2022 by Baldeep Singh []

Zeepay, a Ghanaian fintech startup, has received regulatory approval from the Bank of Ghana for outbound money transfer services within the sandbox. The approval is expected []

TikTok has implemented a new system for automatically flagging artificial intelligence-generated content. The short video sharing platform is now testing the system, which entails using digital []

Der sterreichische Corporate Venture Builder V_labs ist derzeit im DACH-Raum auf Expansionskurs. Nicht nur hat das Unternehmen neue Standorte in Mnchen und Zrich erffnet. Mit Manuel []

African e-commerce giant Jumia is placing its chips on Nigeria, despite the country feeling the weight of economic challenges, in a move aimed at steering itself []

NIOs second brand Onvo and its first model L60 was unveiled in Shanghai on Wednesday, May 15, 2024. Credit: NIO The first electric vehicle model of []

Accion Launches USD 152.5 M Fund To Back Financial Institutions Serving Small Businesses Globally Accion, a global nonprofit, announced the launch of the Accion Digital Transformation []

Shazan Siddiqi ist leitender Technologieanalyst beiIDTechEx. In diesem Gastbeitrag befasst er sich mit dem Markt fr Natrium-Ionen-Batterien im Jahr 2024. Natrium-Ionen-Batterien werden im Jahr 2024 zunehmend []

Sie haben zuletzt eine Kooperation mit der Lauf- und Wander-App Strava angekndigt und sind Anfang des Jahres in Grobritannien in das Geschft fr Tierversicherungen eingestiegen: Das []

On May 14, 2024, Google held its annual developer conference, tagged Google I/O, announcing over 100 new hardware, software, and various updates related to its products []

OmniRetail, a Nigerian eCommerce startup founded in 2019, has been ranked as the fastest-growing company in Africa according to the Financial Times latest annual list. The []

Naspers, Africas largest company by market capitalisation worth R717 billion ($39 billion), has appointed Fabricio Bloisi as CEO. This follows the abrupt resignation of Bob van []

In a move to accelerate its compliance process, the cryptocurrency exchange KuCoin has temporarily suspended all peer-to-peer (P2P) Nigerian Naira (NGN) services and Fast Buy services []

Huawei has maintained its position among the top five global companies that made the highest R&D investments in 2022. Credit: 123rf Huawei demonstrated its large models []

News Written by Jeff ChayPublished on17 May 20244 mins read Bringing you the latest updates on funding deals and activities in the Asia Pacific. Osome raises []

Hola, Victoria from Techpoint here, Heres what Ive got for you today: South Africa ends 100-year Eskom monopoly Flutterwave allegedly lost $7.2m to security breach CBN []

In the latest episode of the Impulso podcast, we are joined by special guest Shawn Teow (who makes his podcast debut), diving deep into live commerce []

Reddit und OpenAI gaben eine Partnerschaft bekannt, die den Nutzern beider Plattformen zugute kommen soll. OpenAI wird ber die Data API von Reddit Zugriff auf strukturierte []

The startup infrared.city aims to be part of the future of climate simulations. It has created an AI simulation service capable of predicting real-time wind speed, []

South Africa is on the cusp of rolling out a new digital nomad visa aimed at attracting remote workers and highly skilled professionals from across the []

TGIF If you havent already, please take a couple of minutes out of your Friday morning to tell us how you feel about podcasts. Were []

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Frank Sieren ist ein deutscher Journalist und als solcher Experte fr China, wo er seit 1994 auch lebt. Zuletzt verffentlichte er das Buch Shenzhen Zukunft []

UK-based digital health startup Numan was selling food supplements for several years without registering as a Food Business Operator (FBO) something it was required to []

Eleanor Lightbodydidnt start her career with sales in mind she didnt even know it was a career option. Instead, she started in the marketing team at []

When ChatGPT hit the market in 2022, peoples imaginations ran wild with the idea that large AI models trained on more data and information than []

Swift Navigation, a precise positioning solutions provider for automotive, IoT, and mobile applications, has partnered with SK Telecom (SKT). The collaboration is expected to accelerate the []

South Africas Department of Communication and Digital Technologies (DCDT) is concerned that on-demand music and online video streaming services may pose serious threats to South African []

The latest update from the Joint Admissions and Matriculation Board (JAMB) reveals that new JAMB results for 2024, comprising an additional 36,540 outcomes from the Unified []

The Central Bank of Nigeria (CBN) has granted preliminary approval to 14 new International Money Transfer Operators (IMTOs) to boost foreign-currency remittance inflows through official channels []

Zeepay, an Africa fintech and a challenger in the mobile money sector has secured regulatory approval from the Bank of Ghana for its outbound money transfer []

The Bank of Zambia has granted Zeepay approval for the termination of both inbound and outbound cross-border payments in the country. Zeepays customers in Zambia can []

The news: Telcos in East Africa, including Kenya and Uganda, have restored network services four days after the damage to two submarine Internet cables connecting South []

On this episode of the Techpoint Africa Podcast, we discuss some of this weeks trending stories in the African tech space. First, is Tanzanias central banks []

eCommerce giant Jumia has revealed plans to combine its three Nigerian warehouses into a single 30,000-square-metre depot in Lagos. This initiative, which is part of its []

Swedish legaltech startup Leya has raised a $10.5m seed round led by US VC Benchmark. The news arrives just months after Leya finished the Y Combinator []