Kenya’s MarketForce expanding to 5 more markets via Cellulant partnership

Kenyan retail-tech startup MarketForce is expanding into five further markets and targeting one million merchants after securing a partnership with fintech company Cellulant. Co-founded in 2018 by Tesh Mbaabu and Mesongo Sibuti, MarketForce is a B2B retail marketplace that empowers informal merchants in Africa to source, order and pay for inventory digitally and conveniently, access financing, collect digital payments and make extra money by reselling digital financial services such as airtime, electricity tokens and bill payments.

American digital infrastructure company, Equinix, has announced that it is acquiring MainOne, a West African data centre and connectivity solutions provider with a presence in Nigeria, Ghana and the Ivory Coast at the rate of $320 million (N131.6 billion).

CDPI Emerging Markets

South Africa-based crowd-solving startup, Zindi is using AI to solve real-world problems for companies and individuals. The startup has done that over the last three years they have been in existence. Just last year a team of data scientists under Zindi used machine learning to improve air quality monitoring in Kampala as another group helped Zimnat, an insurance company in Zimbabwe, predict customer behavior — especially on who was likely to leave and the possible interventions that would make them stay. Zimnat was able to retain its customers by offering... Read More >

CDPI Emerging Markets

It’s deal-making time for generative AI model builders and publishers who can provide them with quality data. Germany publishing giant Axel Springer is trading access to its data for Microsoft adtech, AI, and Azure hosting solutions. Meanwhile, The Financial Times has struck a deal with OpenAI to license its content with attribution of summaries and quotes.

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Kenya’s MarketForce expanding to 5 more markets via Cellulant partnership

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U.S. firm Equinix expands into Africa, acquires Nigeria’s MainOne for $320M

South African crowd-solving startup Zindi building a community of data scientists and using AI to solve real world problems

Axel Springer, Financial Times Expand GenAI Partnerships