UNICEF Innovation Fund Seeks Data Science Startups

The UNICEF Innovation Fund is looking to make equity-free investments of up to US$100,000 in startups using data science, machine…

Nigeria’s Startup Delivery Science Deploys Solution for Haulage Business

Nigerian startup Delivery Science is using its Fieldinsight product to help consumer goods companies gain insight into smarter deployment of…

Uganda’s SolarNow Raises $9m Debt Financing

The Uganda-based off-grid solar company SolarNow has closed its largest financing facility to date through SunFunder, with Oikocredit and responsAbility…

Liquid Telecom Appoints Regional CEO for Middle East,West Africa

Pan-African telecoms group Liquid Telecom has appointed Mohamed Abdel Bassit as its new Regional CEO for Middle East and West…

PC Market Declines 3.7% in Q3 2018, Beats Expectations

Preliminary results for the fourth quarter of 2018 (4Q18) showed shipments of traditional PCs (desktop, notebook, and workstation) totaled just…

Venture Capitalist Firm to Invest $10m in Tech startups from Nigeria,Kenya

Venture capital (VC) firm Oui Capital has launched a $10 million fund for investments in innovative tech startups from Nigeria,…

Ericsson takes $687m Hit as it Changes Course in Services

Swedish mobile telecom equipment maker Ericsson will book charges of 6.1 billion crowns ($687 million) for the fourth quarter as…

Robotic Process Automation Revenues in Banking & Financial Services to Reach $1.2bn by 2023

Robotic Process Automation (RPA) revenues in banking will reach $1.2 billion by 2023. With an estimated revenue above $200 million…

Semiconductor Revenue Hits $476.7bn

Global semiconductor revenue totalled $476.7 billion in 2018, a 13.4% increase from 2017. This is according to preliminary results by…

Retailers to Lose $130bn Globally in Card Related Fraud Over the Next 5 Years

Retailers are set to lose some $130 billion in digital CNP (Card-not-Present) fraud between 2018 and 2023, according to latest…