News
Xalts, a fintech supported by Accel and Citi Ventures, and utilised by financial institutions and businesses for crafting and managing digital finance applications, has declared its purchase of Contour Network, previously under the ownership of a consortium of global banks. This move is aimed at propelling forward the digitisation of trade and supply chain finance.
The Mega Green Accelerator is now open for applications from startups in the Middle East and North Africa (MENA) region that focus on circular economy solutions, clean energy transition and climate mitigation technologies, including water and agriculture. The initiative will nurture the next generation of innovators as they develop solutions to address both regional and global sustainability challenges. PepsiCo and SABIC have partnered with AstroLabs, as well as with other strategic partners to create the program, which was announced at COP28 in the UAE.
The Black Tech Achievement Awards 2024 proudly presents the outstanding finalists across various categories for this year’s event. Recognising and celebrating Black excellence in the tech industry, the awards ceremony promises to be an unforgettable evening honouring the achievements of individuals and organisations driving positive change.
Siemens has completed the acquisition of Inspekto, a startup specialising in high-performance visual inspection, which was part of the portfolio of venture capitalist D11Z. Ventures (previously known as Zukunftsfonds Heilbronn). This transaction represented a notable milestone in the evolution of Inspekto.
UK based Jasper SME Hub’s founder and leading SME empowerment advocate – Emmanuel Olujobi has committed to training 50,000 African businesses by 2025 in a bid to support the growth of the SME sector through the Hub. This he noted during the Hub’s annual SMEFest, a gathering of entrepreneurs and industry stakeholders with the theme “Building To Scale”, held in Lagos, Nigeria recently.














