Technology | CEO Business Africa

Vertiv opens office and customer experience center in Kenya

October 27, 2022October 27, 2022

KENYA – Vertiv, a global provider of critical digital infrastructure and continuity solutions, has announced the opening of its new office and state-of-the-art Customer Experience Center in Nairobi. With an increasing demand for high-efficiency critical infrastructure in East Africa, this centre supports Vertiv’s efforts in offering digital infrastructure solutions to local customers. The center’s experts offer firsthand knowledge of the…

AI solutions provider Spatialedge acquires startup Cape AI

October 21, 2022October 21, 2022

SOUTH AFRICA – South African startup Cape AI has been acquired by an AI solutions provider Spatialedge in order to scale its offering that makes such solutions available to large enterprises across Africa. Founded in 2019 by Pieter Boon and Adit Mehta, Cape AI helps businesses grow by enabling them to make smart decisions through the use of AI technology.…

Systems integrator +OneX acquires South Africa’s solutions provider EUCafrica

October 14, 2022October 14, 2022

SOUTH AFRICA – +OneX, the new-age solutions and systems integrator, has acquired South Africa’s leading Citrix on Azure solutions provider, EUCafrica, as part of its strategy to build a group that can deliver end-to-end digital transformation solutions to enterprise clients. The acquisition strengthens +OneX’s capabilities in end-user computing by adding one of South Africa’s leading specialists in the desktop-as-a-service and…

Microsoft, Liquid Cloud to support African businesses with cloud services

October 12, 2022October 12, 2022

AFRICA – Microsoft, multinational technology corporation, has partnered with Liquid Cloud, a computing service by Liquid Intelligent Technologies, to provide cloud services to businesses in Africa. Through its Africa Transformation Office (ATO), Microsoft aims to deliver resilient cloud services in Kenya, Ghana, Nigeria, Rwanda, Tanzania, Zambia and Zimbabwe through the pact with Liquid Cloud. The two firms also aim to…

Data provider startup Stears closes US$3.3m seed round to enhance its business

October 11, 2022October 11, 2022

NIGERIA – Stears, a pan-African data and intelligence company, has closed a seed round of US$3.3 million led by MaC Venture Capital with participation from Serena Ventures, Melo 7 Tech Partners, Omidyar Group’s Luminate Fund, Cascador, and Hoaq Club. Stears was also recently accepted into the Google for Startups Black Founders Fund 2022 cohort, which included some non-dilutive funding. The…

Microsoft partners African Development Bank to support young African entrepreneurs

September 26, 2022September 26, 2022

AFRICA – Global tech giant Microsoft has announced an expanded partnership with the African Development Bank’s Youth Entrepreneurship Investment Bank (YEIB) Initiative to support young African entrepreneurs. Microsoft’s Africa Transformation Office has pledged to work with the bank to ensure growth in entrepreneurship ecosystems, creating jobs and scaling impact in Africa through digital inclusion. “We believe much can be done…

Absa Bank Kenya partners Huawei to build new digital foundation for branch networks

September 26, 2022September 26, 2022

KENYA – Huawei Technologies and Absa Kenya have announced a new partnership to build a new platform to drive the bank’s corporate digital transformation program. The partnership involves establishing a software-defined wide area network (SD WAN), hailed as the next-generation technology and service designed to connect the bank’s branches, and promote smart branch upgrades by constructing a powerful network based…

Gym management Octiv closes Series A funding to fast-track its global expansion drive

September 2, 2022September 2, 2022

SOUTH AFRICA – South African gym management software platform Octiv has closed an eight-figure Series A funding round led by venture capital firm Knife Capital. The startup previously raised seed capital from South African angel investors and this round also included an angel investment from an executive at the crypto-powered banking platform BVNK. According to a statement by the company,…

Microsoft appoints Kunle Awosika as Managing Director of its Africa Transformation Office

August 31, 2022August 31, 2022

AFRICA – Microsoft, a technology corporation, has appointed Kunle Awosika as the new Managing Director of its Africa Transformation Office (ATO). He takes over from Wael Elkabbany who has served in the position for barely nine months before being appointed as the firm’s head of Africa Regional Cluster. Kunle, who has an in-depth understanding and passion for Africa’s growth, has…

Ad-tech company ArabyAds raises US$30m pre-Series B funding round to expand its footprint

August 23, 2022August 23, 2022

MENA – ArabyAds, an ad-tech company, has raised US$30 million in pre-Series B funding round from AfricInvest, to expand its footprint and further invest it to accelerate its technological advancement and talent acquisition to support the growth. AfricInvest is a leading pan-African investment platform managing multiple alternative asset classes including private equity, venture capital and private credit. The transaction marks…