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Top News / startupuniversal

Exclusive Networks Expands African Presence with New Nigerian Offices

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 []

17 May 2024 10:12 pm
Humanoider Roboter: Neues Unitree G1-Modell kostet 16.000 Dollar

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 []

17 May 2024 9:29 pm
Mito Health joins YCs summer batch, aims for US launch this year

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17 May 2024 8:31 pm
Revent raises $900,000 pre-Seed to bolster KSA expansion plans

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 []

17 May 2024 8:05 pm
Zeepay to conduct outbound money transfers after approval from the Bank of Ghana

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 []

17 May 2024 7:56 pm
Will TikToks new content labels really combat AI misinformation?

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 []

17 May 2024 7:50 pm
V_labs: Corporate Venture Builder expandiert und erhlt zwei neue Partner

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 []

17 May 2024 7:26 pm
Jumia Is Placing Its Chips On Struggling Nigeria In Risky Rejig

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 []

17 May 2024 6:57 pm
NIO CEO details thinking on first Onvo EV, battery swap alliance

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 []

17 May 2024 6:31 pm
Accion Launches USD 152.5 M Fund To Back Financial Institutions Serving Small Businesses Globally

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 []

17 May 2024 6:09 pm
2024 wird das Jahr der Natrium-Ionen-Batterie

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 []

17 May 2024 6:08 pm
Tractive erwartet 2024 weit ber 100 Millionen Umsatz, so CEO Michael Hurnaus

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 []

17 May 2024 5:56 pm
10 exciting updates about Googles Gemini and other AI tools

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 []

17 May 2024 5:44 pm
Nigerian eCommerce Startup OmniRetail Named Africas Fastest-Growing by Financial Times

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 []

17 May 2024 5:18 pm
Naspers appoints Fabricio Bloisi as CEO

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 []

17 May 2024 5:07 pm
KuCoin Suspends Naira Services Amid Compliance Efforts

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 []

17 May 2024 5:01 pm
Huawei responds to AI demo controversy, confirms real-time image generation with open-source model

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 []

17 May 2024 4:40 pm
Deals in brief: Osome extends Series B round, Kasagi Labo lands pre-Series A funding, Husk bags USD 5 million from Mekong Capital, and more

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 []

17 May 2024 4:37 pm
South Africa ends 100-year Eskom monopoly with new bill

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 []

17 May 2024 4:30 pm
E77 The Impulso Podcast Why is live commerce in Southeast Asia so patchy?

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 []

17 May 2024 4:24 pm
Reddit: Deal mit OpenAI lsst Aktienkurs abheben

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 []

17 May 2024 3:33 pm
infrared.city: We make climate simulations accessible to architects and planners

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, []

17 May 2024 3:30 pm
South Africas digital nomad visa: Opportunity or threat to local coders?

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 []

17 May 2024 3:16 pm
Kasagi Labo receives $12m boost for anime push in SG

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17 May 2024 2:55 pm
Digital health company Numan sold supplements unlawfully for years

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 []

17 May 2024 2:30 pm
How to transform your sales culture

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 []

17 May 2024 2:30 pm
Can AI turn us all into Warren Buffet?

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 []

17 May 2024 2:30 pm
Why MultiChoice is unshaken by South Africas regulators concerns about streaming threat

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 []

17 May 2024 3:29 am
New JAMB results release May 2024

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 []

17 May 2024 2:20 am
CBN issues approval-in-principle to 14 IMTOs following licence application fee hike

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 []

17 May 2024 1:23 am
Bank of Ghana Grants Zeepay Approval for Outbound Money Transfer within the Regulatory Sandbox

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 []

17 May 2024 1:16 am
Zeepay Granted Approval For Inbound and Outbound Payments In Zambia

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 []

17 May 2024 12:48 am
Telcos in East Africa restore Internet service 4 days after cable cut

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 []

17 May 2024 12:39 am
Paystacks 2023 payment report and user obsession with bank transfer

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 []

17 May 2024 12:30 am
Jumia to expand in Nigeria, consolidate warehouses into one depot to cut cost

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 []

17 May 2024 12:12 am
Amazon Future Engineer YouthHackathon: Awardverleihung an sterreichische Schler:innen

Ziel der BildungsinitiativeAmazon Future Engineer ist es, junge Menschen fr Technik zu begeistern. 4Gamechangers Wir wollen die nchste Generation frhzeitig fr neue Technologien begeistern, ihnen die []

16 May 2024 11:03 pm
Die ersten 40 Startup-FlexCos sind da

FlexCo-Graffiti. Dall-E / Trending Topics Einfacher, schneller, gnstiger grnden, Mitarbeiter:innen einfacher beteiligen und auch sonst von Erleichterungen profitieren: Seit Anfang 2024 knnen Unternehmer:innen in sterreich []

16 May 2024 11:01 pm
Flutterwave says customer funds not affected in alleged 11 billion breach

The news: Flutterwave has allegedly lost 11 billion to a security breach in April 2024. According toTechCabal,the perpetrators of the breach illegally transferred 11 billion ($7.2 []

16 May 2024 11:00 pm
Transfers might displace card transactions but not any time soon

This week, Nigerian fintech, Paystack released details of its 2023 performance. One detail that did not go unnoticed was the preferred payment method by merchants and []

16 May 2024 11:00 pm
Binance Survey Reveals How Well Ghanaians Understand Cryptocurrency

In a recent survey undertaken by Binance in Ghana, 50% of the respondents are very much aware of the fact that it is the latter []

16 May 2024 11:00 pm
Over 90 groups call for Sudan telco infrastructure restoration amid Starlink shutdown concerns

As war rages in Sudan, 94 humanitarian organisations have expressed concern that the potential shutdown of Starlink would have a disproportionate impact on civilians and aid []

16 May 2024 10:56 pm
Podcast: Making B2B payments possible with Ebenezer Ghanney, CEO of WeWire

Ebenezer Ghanney founded WeWire to make B2B payments possible for all businesses across the world after leaving Yellowcard where he was employee number one in Ghana []

16 May 2024 10:30 pm
Airwater Co. secures investment from Tau Capital

UAE-based cleantech Airwater Co. has raised investment from Abu Dhabi-based venture capital firm Tau Capital, for an undisclosed value. Founded in 2018 by Alex Guy, Airwater []

16 May 2024 10:03 pm
Native Teams Raises 6.2 million To Expand To New Regions Across the US and Asia

Native Teams, a work payments platform for freelancers, remote workers, and business owners, has successfully raised 6.2 million to power its ambitious plans of becoming the []

16 May 2024 9:31 pm
Dynatrace erwirtschaftet 1,43 Milliarden Dollar und setzt Fokus auf AI-Ausbau

Das Softwareunternehmen Dynatrace von Grnder und CTO Bernd Greifeneder befindet sich in einer Wachstumsphase. Dynatrace 2023 gelang es dem Linzer Softwareunternehmen Dynatrace, Weltmarktfhrer bei Observability []

16 May 2024 9:23 pm
Chipper Cash Is Expanding Jack Dorseys Ambitious Payment Play In Africa

Chipper Cash, one of the biggest players in African fintech, has teamed up with TBD, a digital payment platform backed by notable tech entrepreneur Jack Dorsey []

16 May 2024 8:51 pm
Solar Power Provider d.light Secures USD 3.4 M Grant

Solar Power Provider d.light Secures USD 3.4 M Grant d.light, a provider of household products and affordable financing for low-income households, has received a USD 3,4 []

16 May 2024 8:45 pm
3 Main Takeaways From The 2024 3i Africa Summit

The recently concluded 3i Africa Summit in Accra, Ghana, held from May 13 to May 15, 2024, was a significant event focused on advancing Africas digital []

16 May 2024 8:40 pm
Golden Gate Ventures launches $100 million MENA-focused fund

Singapore-based VC firm Golden Gate Ventures has launched a $100 million MENA fund, with $20 million commitments from Qatari investors, including Al Khor Holding, Al Attiya []

16 May 2024 8:30 pm
Nedbank Launches USD 550 K Indalo Fund

Nedbank Launches USD 550 K Indalo Fund Finance institution Nedbank announced the launch of the R10-million (USD 550 K) Indalo Fund at the Indalo Inclusive Symposium []

16 May 2024 8:27 pm