Ghanaian startups face higher costs as AWS introduces 21% tax
AWS will implement a 21% tax on cloud services for customers in Ghana starting March 1, 2025. The tax includes a 15% Value Added Tax (VAT) and an additional 6% in levies.
AWS now accepts payments in Naira, easing cloud access for Nigerian businesses
AWS will now accept payments in Naira, responding to local demand. The devaluation of the Naira has increased dollar-based cloud costs by over 114%.
AWS Invests $230 Million to Boost Global Generative AI Startups
AWS announces a $230 million commitment to support startups in developing generative AI applications. The investment will fund the second cohort of the AWS Generative AI Accelerator, providing expertise and credits to early-stage startups.
African Tech Ventures Unlocking UK Capital Markets and Exits
The Africa Tech Summit London connects industry leaders, entrepreneurs, and investors to collaborate and drive growth within the African tech industry. The London Stock Exchange continues to be a leading listing venue for ambitious businesses from around the world, providing access to international
AWS Startups, Digital Collective Africa, and AfricArena join forces
AfricArena and AWS announced the Gender Diversity Pledge to increase funding for women founders and entrepreneurs in Africa. Leading venture capital firms and investors have signed the pledge, committing to making deals with female-led and female-founded tech startups.
