Business News

Microsoft-backed FAST Accelerator Announces 12 African Startups Selected for Artificial Intelligence (AI) Program

AI-focused accelerator program brings African startups to Silicon Valley to jumpstart technology innovation September 21, 2023/Flapmax Flapmax, a leading data and AI technology company, announced today the twelve companies selected for the second cohort of the FAST Accelerator (https://apo-opa.info/3sYswcx) startup program, created in partnership with Microsoft to help strengthen and […]

Chipper Cash Launches AI Verification Suite Chipper ID to transform customer onboarding in Africa

September 20. 2023/Chipper Cash Chipper Cash, a financial services company serving over five million customers, has launched Chipper ID, an AI-powered suite of verification services, tailored to solving industry-wide customer onboarding and compliance issues in the African market.  Chipper ID has been designed to tackle Know Your Customer (KYC) issues […]

Productive Lending – Filling the $330Bn Funding Gap for African SMEs with Compelling Risk-Adjusted Returns

September 14, 2023/DAI Magister Written by Omar Makkawy, Analyst at DAI Magister   Investors are steering clear of Africa’s non-bank lending sector amid prevailing macroeconomic conditions marked by high interest rates and slowing growth. However, pockets of opportunities with compelling risk-adjusted returns remain within productive asset-backed financing. Africa’s non-bank lending sector is multifaceted, encompassing […]