Innovex: Story, Founders, Investors & Funding Rounds

Founded in 2016 by Douglas Baguma and David Tusubira, Innovex has developed “Remot”, a cloud-based Internet of Things (IoT) solution that transforms the distribution of off-grid solar energy systems and equipment using digital tools by enabling solar companies, EPC, and distributors to remotely monitor and manage their energy systems. The two co-founders realized that solar […]

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Asaak: Story, Founders, Investors & Funding Rounds

Asaak, which started operations in Soroti Uganda in 2016, pivoted to motorcycle financing in 2019 after a period of lending to farmers and then SMEs.  The startup has so far financed the purchase of 5,000 motorcycles and has also started providing smartphones and fuel financing to the operators. Asaak is redefining asset financing, starting in

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Ukheshe Technologies: Story, Founders, Investors & Funding Rounds

Founded in 2018, Ukheshe is enabling companies in the African fintech ecosystem to deliver embedded finance that aims to close the financial inclusion gap. It serves over 100 customers across different sectors, including banks, fintech, mobile network operators, and other small and medium-sized businesses. Ukheshe Technologies is a global, digital-first financial services enabler and an

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Global Accelerex: Story, Founders, Investors & Funding Rounds

Global Accelerex was incorporated in 2008 and commenced payments services operation in October 2013 upon obtaining approval from the Central Bank of Nigeria (CBN).  The company consistently ranked as the Number 1 Payment Terminal Service Provider in Nigeria in 2018 and 2019 and supports 95% of Nigerian banks and over 90,000 Merchants across the 36

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Chicoa Fish Farm: Story, Founders, Inventors & Funding Rounds

Chicoa Fish Farm was founded by Gerard McCollum and Damien Legros in 2015 with the vision to provide a blueprint for a sustainable aquaculture industry across Africa. Since its inception, Chicoa has focused on securing its supply chain through the primary production of tilapia, establishing a breeding program, and developing sales and distribution channels in

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Scientists Used Locust Antennae And Artificial Intelligence To Give A Robot A Sense Of Smell

In recent years, insect technology hybrids have become more common in scientific research, and in some cases outperform electronic noses. Researchers all over the world are hacking the brains and bodies of insects to create biobots that can do their bidding. Nature is far more advanced than we are, and we should take advantage of

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Microsoft Will Soon Add Chatgpt To Its Cloud-Based Azure Openai Service

The emergence of large language models is becoming a critical platform for people to innovate, use AI to solve big problems and imagine what’s possible. Microsoft has announced the third phase of its long-term partnership with OpenAI, which includes a new multiyear, multi-billion dollar investment, ChatGPT will be added to the company’s cloud-based Azure OpenAI

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The World’s Largest Hydrogen Electric Aircraft Completed A 10-Minute Flight

As the climate crisis worsens, the aviation industry has pledged to provide sustainable transportation by achieving zero-emission flights by 2050. Aviation, which is many people’s preferred mode of transportation, is responsible for approximately 2.5% of global co2 emissions, with most aircraft powered by jet gasoline. Unfortunately, aviation is one of the most difficult industries to

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MetroFibre Networx: Story, Founders, Investors & Funding Rounds

Established in 2010, MetroFibre Networx is a South African-owned and managed open-access fibre network and broadband fibre provider with its Head office based in Gauteng.  Now operating nationally, MetroFibre owns and manages South Africa’s first globally compliant Carrier Ethernet 3.0 (CE 3.0) open access fibre network, over which it connects businesses and individuals to the

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