Elon Musk’s Neuralink raises $600M at $9B valuation
Elon Musk’s brain implant startup, Neuralink, has raised $600 million in a funding round that values the company at $9 billion pre-money, Semafor reported, citing anonymous sources. Semafor did not mention the investors involved in the round. Neuralink last raised $43 million in venture capital, in November 2023, and was
Read moreMindware Expands Footprint into East Africa
Mindware, a prominent IT distributor in the Middle East and Africa, celebrated the official opening of its East Africa operations in Nairobi, marking a significant new chapter in its growth journey. Bringing together over 200 channel partners, industry leaders, top vendor representatives, and channel partners, the event was a clear
Read moreBridging the Cybersecurity Workforce Gap: A Global & African Imperative
The digital age has brought unparalleled opportunities for innovation, connectivity, and economic growth. At the same time, it has also introduced a growing array of cyber threats that challenge the resilience of organizations, governments, and individuals worldwide. The 2024 Cybersecurity Workforce Report by Boston Consulting Group (BCG) and the Global
Read moreLitehaus raises €1.46M pre-seed to build home-building platform
All Thibault Launay and his wife Simi wanted nearly five years ago was to build a dream home in Portugal, where they both now live. But what they encountered instead was a broken system. “Fourteen months of delays, 20% budget overruns, and endless stress managing over 10 subcontractors,” Thibault recalled.
Read moreThe bad version of a good test
Ever since 1952, the largest known primes have all had the form 2n − 1, with one exception in 1989. The reason the largest known primes have this form is that it is easier to test whether these numbers are prime than other numbers. A number of the form 2n
Read moreFrom SA to Pakistan: Paymenow’s Earned Wage Access Platform Drives Inclusive Financial Wellness
In an exclusive interview with IT News Africa, Deon Nobrega, CEO and co-founder of Paymenow, shared insights into the company’s innovative earned wage access (EWA） platform and its impact on financial inclusion. Launched in 2020 in South Africa, Paymenow has grown rapidly, now processing over a million transactions monthly and
Read moreDigital Finance Africa 2025: Shaping the Future of Africa’s Fintech Landscape
Africa is undergoing a profound financial transformation driven by rapid technological advancements, with fintech and cross-border payments leading the charge. The continent’s cross-border payments market is projected to grow from $329 billion in 2025 to $1 trillion by 2035, fueled by fintech innovation and intra-African trade. This growth enhances financial
Read moreOpera’s new browser can code websites and games for you
Opera's new browser, called Opera Neon, will focus on AI workflows and performing tasks for you, like shopping, coding and generating reports.
Read moreEquiom Appoints Vicky Stables as Managing Director of Jersey office
Equiom is pleased to announce the promotion of Vicky Stables to the role of Managing Director of its Jersey office, marking a significant milestone in the Group’s ongoing growth and leadership evolution. Vicky joined Equiom in April 2024 as Head of Private Wealth and Family Office—Jersey, bringing over 25 years
Read moreHumain planning $10B VC fund to invest in US, European and Asian startups
Humain, the state-owned AI company from Saudi Arabia, is reportedly on track to launch a $10 billion venture fund, Humain Ventures.
Read more