NEWS

Kenyan startup Transcode has developed fraud management software for banks and telecoms, and is seeking funding to scale it across the continent. Formed in 2018, Transcode released its core software (iGuard) in 2020. iGuard is a fraud and money laundering detection engine based on artificial intelligence (AI) to prevent and detect complex fraud, in real-time, at banks and telecos. The Ivorian-based Djamo…

The Insaka Academy Flagship Course Check out Insaka Academy’s flagship course YOUR ONLINE STORE  to improve your ecommerce!   UNCTAD’s Annual Report on Global B2C Ecommerce Switzerland replaced the Netherlands at the top of UNCTAD’s B2C Ecommerce Index 2020, which ranks 152 countries on their readiness to engage in online commerce, and includes this year a special feature on Latin America…

Algerian mobility startup ‘temtem’ has diversified its offering with the launch of a “super app” that allows users to access a range of services in one place. Launched in 2018, temtem made its name as a mobility application that allows users to order private drivers and have products delivered. The startup raised Series A funding of US$4…

The World Bank announced new support for Ethiopia’s digital transformation. The institution is currently working on a new project called Digital Ethiopia Foundations, under which it plans to invest about $200 million to support the country’s digital economy. At the same time, GIZ, (Deutsche Gesellschaft für Internationale Zusammenarbeit), the telecom Orange, the Ministry of Innovation and Technology, the Ethiopian Investment…

Teraco has announced the construction of its new 38MW data centre in Ekurhuleni, South Africa. The new facility, named JB4, will be the largest data centre in Africa once it is built. The company has secured R2.5 billion in financing as part of the total investment of $250 million (R4 billion) required to complete the project. Teraco’s data centre infrastructure and platform offers direct private connection to leading cloud…