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Antler, a global early-stage VC firm founded in Singapore, has expanded its operations from Kenya to Nigeria, having launched in Kenya in 2019. With a presence in major entrepreneurial hubs worldwide, Antler focuses on nurturing exceptional individuals to form co-founding teams and has invested in over 400 companies globally. Applications for its inaugural Nigerian program are now open, with the cohort set to begin in June.
M&A activity in African tech startups continued to decline in 2024, with only 12 deals recorded, a 20% drop from the previous year. Total funding fell to $1.1 billion from $2.4 billion, marking a second consecutive year of downturn, with South African startups leading acquisitions. Notably, mobility startups saw three acquisitions, while fintech's dominance in previous years waned.
Huawei has unveiled a suite of AI-driven innovations at MWC 2025, including the industry's first AI Core Network and AI-Centric 5.5G solutions, aimed at enhancing mobile network efficiency and user experience. In partnership with MTN, they are also advancing digital infrastructure across Africa, focusing on improved connectivity and cloud technology. These developments position Huawei as a leader in transforming telecom operations and creating new revenue opportunities.
Digital assets, particularly bitcoin, are poised for significant acceptance in 2025, driven by the election of Donald Trump, who aims to position the US as the "crypto capital of the planet." His executive order promotes a federal regulatory framework and encourages institutional investment, with over 1,000 entities, including hedge funds and banks, already involved. Meanwhile, the European Central Bank is exploring a digital euro in response, highlighting a global shift towards digital currencies amid rising inflation and fiscal challenges.
The Medical Devices Reimbursement Market is projected to grow at a CAGR of over 8.6% from 2025 to 2032, driven by evolving market dynamics and investment opportunities. The report provides a comprehensive analysis of regional markets, competitive landscapes, and key players, including BNP Paribas and CVS Health, while highlighting strategies for industry professionals and stakeholders.
The Medical Devices Reimbursement Market is projected to experience significant growth from 2025 to 2032, driven by evolving market dynamics and investment opportunities. The comprehensive report analyzes regional and global trends, competitive landscapes, and key market segments, providing essential insights for industry stakeholders. Major players include BNP Paribas, CVS Health, and UnitedHealth Group, with a focus on strategic maneuvers such as mergers and product innovations.
Web Summit Qatar concluded with the QRDI Council announcing the winners of the Rising Innovators Award, celebrating student projects that showcase innovation. The first place was awarded to the Modular Automatic Sorting Hub (M.A.S.H) from Doha University, while the AI-powered Sharia Bot and Electronic Medical Triage System (EMTS) secured second place. Additionally, QRDI signed MoUs with the Ministry of Labor and ITQAN to enhance healthcare innovation and streamline certificate authentication through blockchain technology.
Cauridor, co-founded by Oumar Rafiou Barry, has achieved over 90% revenue from its payment rails division, reaching a total payment volume of $500 million in 2024. With plans for expansion into Mali and Nigeria, the company is also exploring blockchain integration to enhance cross-border payments in Africa.Meanwhile, Libya's first B2B e-commerce platform, Alkremeya, has launched to modernize the grocery supply chain, aiming for regional expansion across North Africa and the Middle East. The platform connects retailers with importers, streamlining procurement and enhancing transparency.In Egypt, Souhoola has partnered with Visa to launch a new prepaid card aimed at promoting financial inclusion and improving the shopping experience for Egyptians, set to launch in 2025.
Metalchemy, a UK-based nanotech startup, won the PITCH competition at Web Summit Qatar 2025 with its innovative antibacterial silver nanoparticle solution that extends food shelf life, addressing the food waste crisis. The company, led by CEO Federico Trotta, plans to expand into healthcare applications while gaining recognition and investment opportunities from the event. With a focus on sustainable food preservation and future growth, Metalchemy is poised to make a significant impact across industries.
The Aurora Tech Award has announced its 2025 finalists, celebrating outstanding female founders from emerging markets who are innovating in technology. This year's shortlist includes entrepreneurs from MENA, LATAM, Central Asia, and APAC, with startups focusing on sectors like AI, fintech, and healthtech. The award, established by inDrive, aims to support women-led tech ventures that create significant social impact, with the winner to be revealed at an event in Cairo on April 12, 2025.
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antler expands operations to nigeria enhancing support for african startups
09:00 11.03.2025
decline in african tech mergers and acquisitions amid ongoing funding challenges
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huawei unveils ai innovations and partnerships at mwc 2025
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digital assets poised for mainstream acceptance under new us administration in 2025
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17:28 05.03.2025
global medical devices reimbursement market poised for significant growth through 2032
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13:22 05.03.2025
medical devices reimbursement market poised for significant growth through 2032
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web summit qatar concludes with rising innovators award and strategic partnerships
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qatar research development and innovation council concludes web summit with awards and partnerships
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Nanotech startup metalchemy wins pitch competition addressing food waste crisis
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aurora tech award highlights women founders transforming technology in emerging markets
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