Startups

As artificial intelligence accelerates its global expansion, FollowICT—a platform specializing in digital economy coverage—presents its weekly roundup of the most pressing developments shaping the AI landscape. DuckDuckGo introduces…
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From AI intelligence engines in Mauritius to fintech accelerators across Ghana and Nigeria, African startups are gaining serious ground. FollowICT rounds up this week’s most notable developments from across the continent. Mauritius-based…
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Tactful AI, the Egypt-born startup specializing in AI-powered customer experience solutions, has announced a new chapter in its journey after its founders, Mohamed El-Masry & Mohammed Hassan, reacquired full ownership of the company.…
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PALM, Egypt’s first fintech startup offering incentivized goal-based saving, has announced today that the company has successfully closed its pre-seed funding round. The investment round was led by 4DX Ventures with participation from Plus…
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Lucidya, the leading AI-powered customer experience management (CXM) platform in MENA, has announced the successful close of its USD30 million Series B round, making it the largest AI investment ever raised in the region. The round was…
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As artificial intelligence evolves at an extraordinary pace, FollowICT, a digital economy platform, launches its weekly newsletter, providing a summary of the world's top updates in the global AI news. Hugging Face Launches Reachy Mini…
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With Africa's digital economy on the rise, FollowICT highlights some important developments influencing the startup sector in Africa: Kenyan Logisitics Startup Leta Expands to Ghana Following $5 Million Raise Leta is a software…
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ACT, a leading Information and Communication Technology (ICT) company with over 35 years of experience, has announced a strategic partnership with Kashier, a prominent provider of financial technology solutions in Egypt. This collaboration…
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Egypt-based property technology (PropTech) platform Nawy has acquired a majority stake in SmartCrowd, a Dubai-based fractional property investment platform, marking its entry into the UAE market and broader GCC expansion. Acquisition…
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Huspy just closed a $59 million Series B to double down on operations across the Middle East and expand its European presence, led by existing investor Balderton Capital. In 2022, Huspy raised over $40 million in Series A and an…
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