Kenyan Space Startup Satlyt Raises $8M to Run AI on Satellites
Satlyt, led by founder and CEO Rama Afullo, raised an $8M seed round led by non sibi ventures to run AI apps on satellite computers already in orbit.
Satlyt, led by founder and CEO Rama Afullo, raised an $8M seed round led by non sibi ventures to run AI apps on satellite computers already in orbit.
The National Identity Management Commission has reaffirmed that Nigeria's national identity database is hosted locally within the country and managed entirely by internal staff. As the agency scales enrolment toward a 95 per cent national coverage target, it is implementing local data hosting and user consent management tools across its identity authentication services.
Comparing the OnePlus 16 and the RedMagic 12 Pro+ highlights two distinct approaches to mobile gaming hardware. Powered by Qualcomm's Snapdragon 8 Elite Extreme Gen 6 processor, both smartphones target high-performance gaming, with OnePlus prioritising versatile photography and RedMagic focusing on active fan cooling.
Alchymia is reimagining artificial intelligence architecture to run frontier models locally without massive server farms or screens. Founded by Ayomide Daniels, the startup has developed the Alchymia Bar, a screenless pocket-sized device designed for resource-constrained markets across Africa and Asia.
Global cybersecurity firm Kaspersky is expanding its enterprise footprint across Africa following a decade of profitable growth. The company is targeting large-scale institutional contracts across banking, central government, and critical national infrastructure.
Former banker Watson Matsa founded eSusFarm Africa to bridge the gap between traditional banking frameworks and smallholder agriculture. By leveraging soil, weather, and crop data, the platform creates dynamic risk management tools designed around seasonal earnings rather than rigid monthly schedules.
Subsea cable operator Seacom has placed group CEO Alpheus Mangale on special leave while allegations about how the company is run are investigated. CFO Charl Slabbert is acting CEO.
UK firm FiveNines has been appointed to lead development of a 20MW AI data centre near Casablanca, the first piece of Nexus Core Systems' planned 180MW, renewable-powered AI Factory in Morocco.
Six years after launching vehicle financing for ride-hailing drivers in Lagos, mobility fintech Moove is exiting the Nigerian market. The company is handing over eligible vehicles valued at ₦35 billion to current operators, ending vehicle payment obligations as it shifts focus toward international markets and autonomous robotaxi fleets.
South African private equity firm Infinite Partners has secured R2.8 billion ($169.3 million) for its Core Equity Fund II, exceeding its initial fundraising target. Backed entirely by domestic institutional investors, the fund provides capital to established mid-market enterprises across digital infrastructure, software, and financial services sectors.
Across Africa, approximately 906 million people live within reach of mobile broadband networks but remain offline. The persistent digital divide has shifted from physical network coverage to barriers surrounding device affordability, digital skills, electricity reliability, and transaction trust.
From early childhood fascination with keyboards and underlying mechanisms, a pioneer's journey evolved from experimenting on a mechanical typewriter to designing high-performance computing infrastructure. Today, those early operational insights fuel the deployment of next-generation exascale AI supercomputers across Europe.
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