Next Wave: Is satellite internet the future of connectivity in Africa?
Only 39% of Africa's population has access to the internet, compared to the global average of 60%. Big Tech firms like Meta and Google are collaborating with local ISPs to lay undersea cables.
Kenya’s Chpter secures a $1.2 million pre-seed to expand into Nigeria, Ghana, Egypt
Chpter secures $1.2 million in pre-seed funding to expand in sub-Saharan Africa. Funding led by Ken Njoroge of PANI, with participation from Plesion Capital, Techstars, Norrsken, and others.
Meta And Startupbootcamp Launch AI Programs in MENA
Meta and Startupbootcamp have joined forces to launch Llama Design Drive, an AI program for MENA startups. Startups joining the program may get fast-tracked into a global initiative sponsored by Meta.
Meta Ventures into Metaverse Gaming with Advanced Generative AI Integration
Meta plans to integrate advanced generative AI technology into VR, AR, and mixed reality games. The initiative aims to rejuvenate Meta's metaverse offerings and provide dynamic gameplay scenarios.
