A leading technology company involved in carbon credit purchases for sustainability initiatives.
South Africa-founded Refiant AI raises $5 million to build leaner AI models
Refiant AI closed a $5 million seed round led by VoLo Earth Ventures to enhance its AI model compression platform. The startup's technology can compress a 120-billion-parameter model to run on a standard laptop with just 12GB of RAM, retaining 95-99% of its original performance.
Nigeria to provide up to ₦1 billion ($735,000) in funding for 100 startups through iDICE Startup Bridge
The iDICE Startup Bridge programme has been launched to support startup founders in Nigeria. The initiative includes two tracks: Founders Lab and Growth Lab, targeting early-stage and growth-stage entrepreneurs.
Top 7 Corporate Partners for African Startups
Microsoft offers early-stage support through funding, cloud services, and mentorship via its 4Afrika initiative. Mastercard focuses on growth-stage backing in fintech and e-commerce, emphasizing financial inclusion.
How foreign governments and Big Tech are racing to shape Africa’s AI future
Japan proposed designating several domestic cities as 'official hometowns' for Africans from Ghana, Nigeria, and Mozambique during TICAD. Tokyo pledged to train 30,000 African AI experts over the next three years to address talent shortages in Africa.
