These two founders left Goldman and Meta to build voice AI for markets everyone else overlooked
The startup’s own stack for Africa and Middle East is now handling more than 17,000 calls per day.
Africa
Auto Added by WPeMatico
Jumia is cutting another 10% of staff. AI is the framing. Profitability is the deadline.
Francis Dufay told Bloomberg TV the African e-commerce company is implementing AI across operations, logistics, finance, and marketing, and intends to be profitable by the end of the year. The 200 jobs disappearing now sit on top of a workforce that has already shrunk by more than half since 2022. Jumia Technologies is preparing to […]
This story continues at The Next Web
Jumia is cutting another 10% of staff. AI is the framing. Profitability is the deadline. Read More »
South Africa used AI to write its AI policy. The citations were fake.
South Africa’s Department of Communications and Digital Technologies spent months drafting a national artificial intelligence policy. It proposed a National AI Commission, an AI Ethics Board, an AI Regulatory Authority, an AI Ombudsperson, a National AI Safety Institute, and an AI Insurance Superfund. It outlined five pillars of AI governance: skills capacity, responsible governance, ethical […]
This story continues at The Next Web
South Africa used AI to write its AI policy. The citations were fake. Read More »
African defensetech Terra Industries, founded by two Gen Zers, raises additional $22M in a month
Terra Industries, the African defense company, announced Monday that it had secured an additional $22 million in funding to further expand the business.
These Gen Zers just raised $11.75M to put Africa’s defense back in the hands of Africans
African defense company Terra comes out of stealth with a $11.75M round led by Joe Lonsdale’s 8VC.
These Gen Zers just raised $11.75M to put Africa’s defense back in the hands of Africans Read More »
Flutterwave buys Nigeria’s Mono in rare African fintech exit
Africa’s largest fintech company, Flutterwave, has acquired Nigerian open banking startup Mono in an all-stock deal valued between $25 million and $40 million, according to people familiar with the transaction. The acquisition brings together two of Africa’s leading fintech infrastructure companies. Flutterwave operates one of the continent’s widest payments networks, while Mono, often described as […]
Flutterwave buys Nigeria’s Mono in rare African fintech exit Read More »