A multinational technology company that has committed to supporting AI training and innovation in Africa.
The plan to build virtual data centres in space just got $8 million backing
Satlyt has raised $8 million in seed funding led by non sibi ventures to develop its space-based computing vision. The startup's software allows satellites to process data and run AI applications onboard, maximizing existing computing resources.
African founders are moving past headline funding numbers to chase cross-border payment fixes
Founders and ecosystem leaders are emphasizing stable foreign investment and regional trade ties as markers of progress. Folarin Aiyegbusi from Google highlighted that the $1.3 billion raised in funding doesn't fully represent the economic impact.
Nigerian Founder Jayaike Ndu Introduces Tend, a Platform for Local Business Discovery
Many businesses in Africa operate primarily through Instagram and WhatsApp instead of traditional websites. Tend aims to solve the discovery problem for businesses that are not visible through conventional online searches.
Google Puts New AI Infrastructure and Startup Funding at the Centre of Africa Summit
Google unveiled five major initiatives under its 'Building for Africa' programme, focusing on infrastructure, AI research, education, and startup development. The company will establish its first African Digital Exchange Port in South Africa's Eastern Cape, enhancing international connectivity.
Google’s Alex Okosi on what’s holding back Africa’s AI startups
Google graduated 15 startups from eight African countries through its Google for Startups Accelerator Africa programme. 60% of the cohort is already profitable, generating an average of $60,000 in monthly revenue.
