Yellow Card, a leading global stablecoin infrastructure provider, today announced the successful closing of a $40 million strategic funding round, with investment from SC Ventures by Standard Chartered, Sony Innovation Fund, Polychain Capital, Blockchain Capital, and additional strategic investors. The funding will scale Global USD Accounts, Yellow Card’s end-to-end dollar account for businesses, and expand…
Nearly 50 million more people in highly vulnerable communities globally are set to be pushed into acute hunger because of the strengthening El Niño weather phenomenon, the UN World Food Programme (WFP) said on Wednesday. In response, the agency and partners are already boosting efforts in eight countries to protect some of the most vulnerable…
teamLab Borderless: MORI Building DIGITAL ART MUSEUM in Tokyo Welcomes Over 4 Million Visitors from more than 185 Countries teamLab Borderless: MORI Building DIGITAL ART MUSEUM (teamLab Borderless) in Tokyo has welcomed over 4 Million visitors as of July 31, 2026, approximately 2 years and 5 months since its opening.*1 This press release features multimedia….
South Africa’s Competition Commission has recommended that the Competition Tribunal approve Capitec’s proposed R400 million acquisition of fintech provider Walletdoc in full, subject to specific behavioural conditions. Capitec, the country’s largest bank by customer base, first announced its intention to acquire the Johannesburg-based company in December 2025. Read: Cape Town approves the Equinix 170MW data…
The South African Broadcasting Corporation’s (SABC’s) free streaming platform, SABC+, has officially passed the three-million registered user mark, solidifying its position as one of the country’s leading digital entertainment hubs. According to the public broadcaster, these registered profiles represent a fully logged-in, consented audience rather than transient web traffic. This distinction enables SABC+ to deliver…
As Africa grapples with shrinking international development funding and rising pressure to create jobs for its rapidly growing youth population, the Mastercard Foundation is making one of the continent’s biggest long-term investments in higher education, committing US$500 million over the next decade to transform African universities. In an interview with allAfrica, Melody Chironda, Dr. John…
Tecnotree Strengthens LATAM Growth with New Digital Transformation Contracts Worth USD 8.8 Million Tecnotree, a global leader in AI-native Digital Business Support Systems (BSS) and digital platform solutions, today announced it has secured new digital transformation contracts across Latin America with a combined value of USD 8.8 million, reinforcing the company’s continued commercial momentum and…
Humanoid, a UK-based AI and robotics company building industrial humanoid robots, announced a $152 million Series A financing at a $1.35 billion post-money valuation. This funding brings the total amount raised to date to $270 million. The round was led by Prime Movers Lab, a venture capital firm focused on investments in breakthrough scientific startups…
Kampala, Uganda — East Africa’s growing appetite for mobile internet continued to fuel Airtel Africa’s Mobile Services business during the quarter ended June 30, 2026, helping lift mobile services revenue to $607 million, up from $498 million in the same quarter last year. The performance reflects sustained growth in digital adoption across the region, with…
Burna Boy has cemented his status as African music’s biggest commercial force, topping a new ranking from global data platform Chartmasters with 14.46 million Equivalent Album Units sold worldwide. The milestone was flagged by Nigerian outlet The Debut Hub on X, which confirmed the Grammy winner has reclaimed his spot as the continent’s top-selling artist…
