Egyptian startup DXwand, an omnichannel conversational AI and digital assistant tool, that easily helps businesses turn conversations into growth insights, has closed a pre-Series A funding round of US$1 million to expand across the region and accelerate its AI research.
Early-stage VC firm Launch Africa Ventures has made its 100th investment, making it probably the most active investor in African tech startups, and closed its first fund at US$36.3 million.
Nigeria has announced plans to regulate internet companies like Twitter, Facebook, WhatsApp, Instagram (all owned by Meta), Google and TikTok in a draft shared by the country’s internet regulator.
GrowthLoop will use TransUnion identity data to improve U.S. consumer match rates on client files sent to advertising media such as Facebook and Google Ads. The data should also help clients to find matches among records within their files, building more accurate customer profiles. GrowthLoop calls itself a “composable CDP”, meaning it works with data assembled in external data warehouses.