South Sudan's National Communication Authority (NCA) and the Bank of South Sudan have signed an agreement to strengthen cybersecurity and improve oversight of the country’s growing digital financial services sector.
Nigerian healthtech company Helium Health has secured a $2.5 million grant from Google.org to deploy AI tools to reduce maternal deaths and improve pregnancy care across Nigeria.
African-owned gaming startup Rise of Fearless has raised $1 million from investment firm Epic Edges Capital to upgrade its mobile game, strengthen its development team, and expand into international markets.
EASE Holdings BV has raised an additional $9.5 million in equity funding from US-based AAFC Group to expand its healthcare equipment financing operations in South Africa and Ghana, bringing its total equity funding to $24 million.
Abu Dhabi has partnered with OpenAI to convert government regulations into machine-readable formats, enabling AI systems to interpret rules and automate parts of public service delivery.
Saudi Aramco has acquired a 49% stake in Saudi Artificial Intelligence company HUMAIN, committing $2.6 billion in cash as the kingdom demands efforts to build a global AI infrastructure business.
Nigerian Solar Energy Company Okra Solar has secured a $7 million debt facility from British International Investment (BII) to expand its mesh-grid electricity network
Dubai-based BY Venture Partners has closed a $60 million third fund to back early-stage startups, with Artificial Intelligence businesses among its investment targets
Dubai Future Foundation has launched an AI Sandbox to help technology companies move artificial intelligence solutions beyond experimentation and into real-world deployment.
Digital infrastructure provider Hayo has entered Tanzania, opening a Dar es Salaam office to pursue projects with government agencies, regulators, and telecommunications operators as it expands to Africa.
South African payments company CrissCross has received an undisclosed investment from Circle Ventures as it looks to expand its cross-border payments business across Africa.
