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.
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
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.
London-based startup Affinity Lab has announced a $2M pre-seed round led by Fuel Ventures, with participation from Antler, Google DeepMind, Meta, Playfair VC, Marcello Ascani, and Devran Amaratunga Karaca. The funding included a £497,787 grant from Innovate UK.
OpenAI is turning to a young legal-tech startup to help law firms bring artificial intelligence into everyday legal work, signaling a deeper push into the professional services market.