Why AI Might Be A Game Changer for African SMEs
Plus: Rwanda starts registration for National ID and Wave gets MTN exec to lead Cameroon
On a recent episode of the Labari Media Podcast, we sat down with Gori Yahaya, founder and CEO of Upskill Universe, to talk about a subject both exciting and intimidating for African entrepreneurs and Small and Medium Enterprises (SMEs): artificial intelligence and the use of digital tools
In The News This Week:
Chowdeck Raises $9M Series A to Speed Delivery, Expand in Nigeria and Ghana
Chowdeck, one of Africa’s fastest-growing on-demand delivery platforms, has secured $9 million to roll out quick commerce and expand its reach across Nigeria and Ghana.
Africa Hits 20 GW Solar Milestone, Poised for Record Growth
Africa has passed a symbolic 20 gigawatt-peak (GWp) solar capacity milestone, with momentum building as more than 10 GWp of new capacity is in the pipeline, according to the Africa Solar Industry Association (AFSIA).
HoneyCoin Raises $4.9M to Scale Stablecoin-Powered Payments across Africa and Beyond
Kenya-based HoneyCoin — a stablecoin-compatible, full-stack payment orchestration platform — has closed a $4.9 million seed round to expand its product suite, hire senior talent, and scale operations globally.
In the rest of the news (ICYMI):
Africa Ecosystem Activity
22 startups selected for 4th Visa Africa Fintech Accelerator
SA travel fintech TurnStay raises $2m to accelerate Africa expansion
SA’s Flood raises $2.5m to digitise offline commerce in emerging markets
Egypt’s Wuilt raises $2m to expand free website builder across MENA
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