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Business / startupuniversal

Gambia and Guinea plan to have new subsea cable

Guinea and Gambia have reportedly signed a Memorandum of Understanding (MoU) to establish a second subsea optical fibre cable in the near future. Rose Pola Pricemou, []

28 Apr 2024 2:29 am
Lagos State Government and Uber settle real-time data sharing dispute after month-long standoff

The news: After a month-long dispute between the Lagos State Government and mobility company Uber, the two parties finally reached an agreement over the 2020 real-time []

28 Apr 2024 2:26 am
Bank Of Uganda Orders ID Verification Of Digital Transactions Above $260

The Bank Of Uganda (BoU) has issued a directive for the ID verification of all digital transactions that are above one million Uganda shillings ($260). All []

27 Apr 2024 9:28 pm
Nigeria Planning To Set Up $10 Billion Diaspora Fund To Attract Investment

According to Bloomberg, Nigeria is planning to set up a $10 billion diaspora fund to attract investment from its citizens living abroad to support critical sectors []

27 Apr 2024 8:43 pm
Investing Globally From Silicon Valley: Comments From an Early-Stage Investor

The startup ecosystem is like a puzzle. There are many pieces that need to fit with one another to make a picture. Translated to the startup []

27 Apr 2024 4:38 pm
Japan to collaborate on Chinese payment services with joint QR code

News Written by Nikkei AsiaPublished on27 Apr 20242 mins read The industry is aiming to start mutual use of QR code payment systems in Southeast Asia []

27 Apr 2024 10:00 am
Chilean paytech Fintoc raises $7M in Series A

byHellen VillenaApril 26, 2024No comments1 minute read Chilean instant payments API startup Fintoc raised a $7M Series A round led by Propel. Monashees, who previously led []

27 Apr 2024 8:22 am
Merama secures $80M in financing from J.P. Morgan

bySara DelgadoApril 26, 2024No comments1 minute read Mexican e-commerce aggregator Merama raised $80M in financing led by JP Morgan. With the funds, Merama will refinance its []

27 Apr 2024 6:34 am
Barcelona Science Innovation District obtains a green loan from Caixabank to create new labs and facilities

The life sciences sector is one of the most promising areas in Europe, and Barcelona is working to create an ideal ecosystem to boost the local []

27 Apr 2024 6:23 am
South African AI Startup Spatialedge Raises $3.1 Million in Recent Funding Round

Spatialedge, a startup based in South Africa specializing in data and applied AI solutions, has successfully raised ZAR60 million (approximately US$3.1 million) to advance its mission []

27 Apr 2024 4:09 am
Binance and Yellow Card Not Included in South Africas Official List of Authorized Cryptocurrency Companies

After two years of foundational efforts, the Financial Sector Conduct Authority (FSCA) has approved 75 crypto asset service providers (CASPs) from a pool of 374 applicants. []

27 Apr 2024 4:01 am
Anchor, a Fintech Platform from Nigeria, Unveils On Deck Initiative to Train Africans in Financial Technology

As Nigeria progresses in its mission to make financial services more accessible, efficient, and cohesive, traditional financial institutions are introducing digital options and the number of []

27 Apr 2024 3:56 am
Trending Today: Fachverband der Minerallindustrie Atomkraft Frankreich TikTok OECD

Abseits von Finanzierungsrunden, Neugrndungen, Startups und Wirtschaft erreichen uns tglich zig kleinere Meldungen, denen wir knftig hier in unserem Ticker eine Bhne geben wollen. Egal ob []

27 Apr 2024 12:01 am
Romanian Bitdefender Launches Voyager Ventures to Empower Cybersecurity Startups for Market Success

Romania ~ In a nutshell Romanian-founded Bitdefender, an international cybersecurity company, announced the launch of Bitdefender Voyager Ventures (BVV), a new investment program dedicated to funding []

26 Apr 2024 11:56 pm
Economic downturns dont hit evenly

This article first appeared in Sifteds Daily newsletter, sign uphere. The slowdown in VC investment has been acute across Europe but in some parts more []

26 Apr 2024 10:58 pm
Exclusive: EFCC blocks 1,146 bank accounts involved in unauthorised FX deals

A Federal High Court order will allow Nigerias Economic and Financial Crimes Commission to block 1,146 accounts connected with an ongoing investigation into offences of dealing []

26 Apr 2024 10:57 pm
Nigerias FIntech Challenger OPay Sees Valuation Soar Despite Tech Downturn

The recent financials of prominent consumer internet brand Opera Limited suggest an interesting uptick in the valuation of its Nigerian portfolio company, OPay; one of the []

26 Apr 2024 10:49 pm
Global carmakers take on Chinese giants in EV showdown at Beijing Auto Show 2024

Global carmakers from Volkswagen to Toyota are introducing new models at the Beijing Auto Show 2024 with the help of Chinese tech companies in an effort []

26 Apr 2024 8:38 pm
Nigerians may pay more for calls, data as telcos consider tariff hike

In response to economic challenges, telecom operators in Nigeria are considering raising the prices of their services, including voice calls and data. This comes on the []

26 Apr 2024 8:38 pm
The legal clause more VCs are adding when funding startups

In the last year or so, venture capital investors have had to get increasingly creative to make money for their investors as startup exits have been []

26 Apr 2024 8:30 pm
Startup Eloop stellt Tesla-Carsharing ein, muss saniert werden

Eloop-Tesla auf der Wiener Reichsbrcke. So einer wurde gehackt. Eloop Sie sind in den letzten Jahren zum einen fr ihr Carsharing mit Tesla-Autos und zum []

26 Apr 2024 8:28 pm
First National Bank glitch exposed 88 customers, South African regulator reveals

The news: Pre-investigation findings by South Africas Information Regulator have revealed that a glitch in the First National Bank (FNB) banking app exposed the personal details []

26 Apr 2024 8:17 pm
Alibaba Cloud brings AI video generator EMO to Tongyi Qianwen app

Alibaba Clouds Emote Portrait Alive (EMO) model, which is able to convert portrait photos into talking and even singing avatars is now available on its Tongyi []

26 Apr 2024 7:19 pm
Global plastic treaty talks could hinge on China pledging to curb plastic production

This week, world leaders gathered in Ottawa, Canada to resume negotiations on the terms of a legally binding international treaty pertaining to plastic pollution. However, with []

26 Apr 2024 6:24 pm
DeepL: bersetzungssoftware launcht eigenen KI-Chatbot DeepL Write Pro

Das deutsche Unternehmen mit Sitz in Kln bringt einen neuen KISchreibassistenten auf den Markt, wie DeepL in seiner gestrigen Pressekonferenz verlautbarte. DeepL Write Pro richtet sich []

26 Apr 2024 6:19 pm
Googles business does not suffer from AI competition on the contrary

With sales of $80.5 billion (+15% YoY) and a profit of a whopping $23.7 billion (+36%), it is still clear: Alphabet with the core businesses of []

26 Apr 2024 5:55 pm
Microsoft schafft starke Aktiengewinne durch AI-Boom

Nicht nur Google hat am Donnerstag starke Quartalszahlen verffentlicht. Auch Microsoft hat gezeigt, dass sich die Ausgaben fr AI und Cloud Computing mehr als auszahlen. Der []

26 Apr 2024 5:54 pm
Honor leads Chinese smartphone market in Q1, Huawei dominates foldable segment

In the first quarter of 2024, the Chinese smartphone market hit shipments of 69.26 million units, marking a year-on-year growth of 6.5%, according to market intelligence []

26 Apr 2024 5:50 pm
Unified Payments becomes the second holder of the Payment Terminal Service Aggregator licence

Unified Payments Services Limited, also known as Unified Payments Nigerias premier fintech service provider has been awarded the countrys second Payment Terminal Service Aggregator []

26 Apr 2024 5:45 pm
Why you should join MW Live Commerce immersion to Hangzhou

In preparation for Momentum Works Immersion: Live Commerce (Hangzhou) from 28 to 30 May 2024, our team is currently in Hangzhou connecting with key players and []

26 Apr 2024 5:10 pm
Genshin Impact developer MiHoYo unveils independent PC launcher for its gaming titles

Chinese game developer MiHoYo announced on Thursday that it is preparing a PC launcher for its gaming titles. Players will have the option to download and []

26 Apr 2024 4:39 pm
MultiChoice Nigeria increases DStv and GOtv prices

Hello, Bolu here, Chimgozirim, and Ogheneruemu here, Heres what we have for you today: MultiChoice Nigeria increases DStv and GOtv prices 5G users increase to 1.24% []

26 Apr 2024 4:30 pm
Googles Business leidet nicht unter der AI-Konkurrenz im Gegenteil

Mit einem Umsatz von 80,5 Milliarden Dollar (+15% YoY) und davon einem Profit von satten 23,7 Milliarden Dollar (+36%) ist weiterhin klar: Alphabet mit den Kerngeschften []

26 Apr 2024 4:00 pm
Europe Clouds Spotlight at Google Cloud Next 24 and The Latest Game-Changing News in GenAI

A couple of weeks ago, Google Cloud Next 24 in Las Vegas not only served as a convergence of minds from across the tech industry but []

26 Apr 2024 3:38 pm
Elon Musks xAI steht kurz vor einer 6-Milliarden-Dollar-Runde

Die Gerchte verdichten sich. Nachdem bereits vor mehreren Wochen bekannt wurde, dass das von ihm mitgegrndete AI-Startup xAI vier Milliarden Dollar aufnehmen will, berichten jetzt The []

26 Apr 2024 3:31 pm
Deals in brief: Sfermion and Amber Group lead USD 1.8 million investment in Anichess, 11 China and India deals, and more

News Written by KrASIA WritersPublished on26 Apr 20244 mins read Bringing you the latest updates on funding deals and activities in the Asia Pacific. Sfermion and []

26 Apr 2024 3:30 pm
ByteDance prefers shut down of TikTok to a forced sale: report

ByteDance, TikToks Chinese parent, would rather shut down the short video platform than sell, if legal action in response to US government pressure fails, Reuters reported []

26 Apr 2024 3:23 pm
FirstCry IPO delayed due to undisclosed metrics

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26 Apr 2024 3:04 pm
TechCabal Daily US signs bill that could see to a TikTok ban

Hello TC Daily readers, senior editor Timi here. This will be Mariam Muhammads last day writing TC Daily and working for TechCabal . Over the past []

26 Apr 2024 3:00 pm
Richtig magisch: Zwei Wiener mischen die AI-Welt auf

Zwei Wiener mischen die AI-Welt auf: Eric Steinberger und Sebastian De Ro haben mit Magic ein Startup gebaut, dass im Silicon Valley mit den ganz Groen []

26 Apr 2024 2:45 pm
UK healthtech Elvie raises 9.6m in fresh funding

UK startup Elvie, which develops womens health products including a breast pump and pelvic floor trainer, has raised 9.6m, according to Companies House filings taken from []

26 Apr 2024 2:30 pm
15 UK startups (which arent from London) to watch, according to investors

The UK tech scene can sometimes feel like a London-centric bubble. The city picked up nearly two-thirds of the countrys total VC funding in 2023, according []

26 Apr 2024 2:30 pm
Brunch with Plural and HelixNanos Carina Namih: I needed to go to Silicon Valley to find VCs who could match my ambition

You can tell a lot about someone from their choice of restaurant. Entrepreneurs that Sifted has previously invited for brunch have opted for swanky restaurants in []

26 Apr 2024 2:30 pm
techwomen.io: Unsere Plattform untersttzt Frauen in der Technologiebranche

techwomen.io verbindet Unternehmen mit offenen Technologiepositionen direkt mit MINT-Studentinnen und Frauen in der Technologiebranche. Das Ziel des Startups ist es, Frauen den Einstieg in die Technologiebranche []

26 Apr 2024 2:30 pm
Grab-backed Superbank introduces auto-savings product in Indonesia

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26 Apr 2024 11:50 am
Kenyan Legislators Approve Landmark Free Trade Agreement with European Union

Kenyan legislators have ratified a preferential trade agreement with the European Union (EU), resolving a longstanding issue with fellow East African Community (EAC) members who declined []

26 Apr 2024 8:03 am
Zambian Tech Minister Advocates for Pan-African Cooperation

Felix Mutati, Zambias Minister of Technology and Science, asserts that Africa is emerging as the new world, presenting numerous opportunities across the continent. At the 2024 []

26 Apr 2024 6:34 am
Ghana National Communications Authority Approves Starlinks Application For Broadband Service

NCA Tower, Airport City, Accra, 25th April, 2024 The National Communications Authority (NCA) has approved the application of Space X Starlink GH LTD, operators of []

26 Apr 2024 3:49 am
Nigeria Telecoms Market Share (By Generation) 2024

According to data from Nigerias Communication Commission, 5G penetration as of March 2024 is at 1.24%. 4G penetration is currently at 9.04% but 2G remains the []

26 Apr 2024 2:48 am
Thepeer: How did a $2.1 million investment go up in smoke?

April 25, 2024 2 min read Our guest on this episode is Rosemond Phil-Othihiwa, Corporate and Startup Lawyer. She joins our reporters as they []

26 Apr 2024 12:44 am