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Flapmax Picks 12 Startups for AI Accelerator Programme

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By Adedapo Adesanya

Data and AI technology company, Flapmax, has announced 12 startups selected for the second cohort of the FAST Accelerator startup programme, created in partnership with Microsoft to help strengthen and scale Africa’s digital ecosystem.

Following the conclusion of its 2-week Online Bootcamp, which saw 60+ tech companies participate in intensive online training with experienced mentors, FAST Accelerator’s cohort of 12 startups will progress to a 5-week comprehensive acceleration experience in Silicon Valley, California, starting in October.

Speaking on this, Mrs Mame-Fatou Gueye, SME Program Manager, Microsoft Africa Transformation Office, said, “Microsoft believes that African startups and small and medium-sized enterprises (SMEs) are well-positioned to become a bedrock for the African digital economy, with relevant solutions to local societal and economic challenges. Participation in the FAST Accelerator program will help these entrepreneurs capture growth opportunities and expand their market reach.”

The FAST Accelerator programme received over 1200 applications from 35 countries in Africa, spanning a diverse range of industry sectors, including Financial Services (128 applications), Healthcare (95 applications), Agriculture (235 applications), Transportation & Logistics (60 applications), Clean Technology & Energy (57 applications), and Creative Media & Entertainment (40 applications).

Applicants represented a broad mix of cloud-based products and services serving businesses throughout Africa, harnessing AI to drive innovation, enhance efficiency, and address critical challenges in their respective domains.

On his part, Mr Dave Ojika, founder and CEO of Flapmax, said, “Our mission is to build societally impactful solutions that harness the power of AI to transform multiple industries through long-term partnerships with startups, SMEs, and global enterprises.

“Collaborating with technology partners like Microsoft and Intel, we are assembling a unique fusion of cutting-edge AI technologies, business development strategies, and global-scale growth opportunities for Africa and other emerging markets.

“Our objective is to empower startups and underrepresented entrepreneurs to rapidly and sustainably scale their businesses and create new job opportunities using AI as a catalyst.”

FAST Accelerator 2023 (FA23) applicants had to be based in Africa, ready to scale or expand within the continent, and have an established product-market fit while addressing one or more of the United Nations Sustainable Development Goals (SDGs).

The FA23 cohort features the following startups: Zeeh Africa (FinTech), an AI-powered open banking platform connecting businesses to financial data; Sumundi (e-commerce), an Intelligent e-commerce platform for Africa’s retail businesses; Cotrust Equity (FinTech) which is regarded as the Uber for micro-lending in Africa; and Trucki (Supply Chain) an AI-powered haulage infrastructure connecting cargo stakeholders; and Orange VFX (Creative Media) which is delivering high-quality animation and visual effects that help African businesses.

Others include 10mg Pharma (HealthTech), an AI-driven cost savings on medications for chronic pain patients; Wallx (FinTech), which is a payment and business solution for small business owners; Moosbu (FinTech), which is empowering SMEs with AI for sales and financing; KCG Aquatec Fish Farming (AgTech) an Aquaculture infrastructure firm helping fish farmers grow their businesses sustainably.

Aibanc (FinTech), an AI-powered Banking for High Earners Not Rich Yet (HENRY); Zendawa Africa (HealthTech), which is enabling neighbourhood pharmacies to sell online; and Greenbii (FinTech), an AI-driven asset financing and software management platform for SMEs.

Beginning October 23, the FA23 cohort will participate in various activities, including training, AI integration, business development, fundraising, and various other events. They will work closely with Intel and Microsoft on co-innovation projects, receive sales and marketing support, and gain go-to-market enablement to broaden their audience reach.

Additionally, members of the Flapmax engineering team will assist startups in applying optimized Large Language AI models (LLMs) and scaling and fine-tuning these models on Microsoft Azure and Intel platforms.

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Equinix to Splash $22m on LG3 Data Centre in Lagos

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By Modupe Gbadeyanka

A new high performance data centre is expected to be built by Equinix in Lagos. It will be named LG3, a statement from the digital infrastructure company disclosed.

The project, it was revealed, will gulp about $22 million. The data centre will support global connectivity to West Africa with Equinix Fabric.

It is the first phase of an ambitious investment plan of around $100 million aimed at transforming Africa’s digital landscape over the next two years.

Set to open in Q1 2026, the new site will deliver vital new infrastructure to Nigeria empowering local businesses to scale, while drawing international companies to the country in this strategically positioned hub for global connectivity.

The addition of the new LG3 data centre in Nigeria also brings the incorporation of Equinix Fabric into the metro, enabling businesses to securely connect their physical and virtual infrastructure to cloud service providers, partners, and other companies to other Equinix locations all around the world.

Nigeria is the second-largest economy in Sub-Saharan Africa. It is home to a vibrant and increasingly tech-savvy population. Lagos, in particular, is at the epicenter of Africa’s digital transformation, recognised as the only African city in the Global Top 100 Startup Ecosystems.

The Managing Director for West Africa at Equinix, Mr Wole Abu, said, “LG3 marks a significant milestone in Equinix’s long-term commitment to bridging Africa’s digital divide.

“As Lagos emerges at the crossroads of talent, innovation, and global connectivity, this facility is accelerating access to technologies like cloud, AI, and the next wave of startups.

“We’re not just building data centers, we’re fostering growth, empowering innovation, and laying the groundwork for an interconnected African economy ready to lead on the global stage,” he stated.

Also, the Managing Director of Cedarview, Mr Olawale Owoeye, said, “Equinix’s Lagos data centre will provide us with the robust and resilient platform our customers demand to expand our digital footprint. The unparalleled reliability and access to a global ecosystem empower us to deliver high performance solutions to our customers and the new LG3 data center in Lagos is key step in ensuring we remain at the forefront of businesses connecting Africa.”

The Vice President for EMEA Growth & Emerging Markets at Equinix, Aslıhan Güreşcier, said “Africa’s digital transformation is accelerating, driven by a young population, rising internet access, and increasing demand for secure data infrastructure.

“With the opening of our newest data centre in Lagos, Equinix is proud to invest in this dynamic region, supporting our customers’ growth with world-class data centres that power everything from banking and education to emergency services and commerce.”

With a footprint spanning over 270 data centers worldwide, Equinix is continuing to bring its global expertise and infrastructure to the region. This includes harnessing Nigeria’s strategic position as an international hub for global subsea cable connections, linking Africa with Europe, Asia, and beyond.

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NVIDIA Invests in Cassava Technologies for Expansion

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By Modupe Gbadeyanka

A leading Artificial Intelligence (AI) computing firm, NVIDIA, has made an undisclosed investment in Cassava Technologies.

NVIDIA joins Cassava’s impressive roster of investors comprising Econet Group, British International Investment, DFC, Finnfund, Fund for Export Development in Africa (Afreximbank/FEDA), Gateway Capital, Google LLC, International Finance Corporation (IFC), Public Investment Corporation and Royal Bafokeng Holdings.

Cassava operates across Africa, the Middle East and Latin America through a strong portfolio of business units comprising Liquid Intelligent Technologies, Africa Data Centres, Liquid C2, Cassava.ai, and Sasai Fintech, all of which are leaders in their respective sectors.

The organisation will continue collaborating with its partners and customers on the continent and beyond, establishing it as a leading technology company of African heritage.

“Cassava is Africa’s leading technology company, driving the continent’s digital transformation with digital infrastructure and digital services.

“Securing this investment is an important milestone that we expect to unlock additional value from and catalyze the further expansion of our digital infrastructure and services to bridge the digital divide on the continent,” the chief executive of Cassava, Mr Hardy Pemhiwa, stated.

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Airtel Africa Foundation Boosts Digital Skills Development in Rwanda

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Digital Skills Development in Rwanda

By Aduragbemi Omiyale

To deepen access to smartphones and digital services for underserved communities, Airtel Africa Foundation has joined forces with others to train some persons in Rwanda.

This aligns with Rwanda’s ambition to become a knowledge-based economy and complements national programmes such as Connect Rwanda.

The organisation is collaborating with the International Telecommunication Union (ITU), Rwanda Information Society Authority (RISA) and Cisco on capacity and digital skills development under the Digital Transformation Centres (DTC) Initiative.

The parties will bridge the digital divide and promote digital inclusion by providing free Internet connectivity and digital skills training to underserved communities in the country, in connection with the advancement of the 2030 Agenda for Sustainable Development.

ITU will provide digital skills training content to the DTCs under the Initiative along with other ITU regional capacity development activities. In addition, ITU will facilitate networking opportunities related to promoting digital literacy and inclusion, which will enable access to expertise and best practices.

It was disclosed that Airtel Africa Foundation, through Airtel Rwanda, would equip DTC locations with routers, Wi-Fi and data packages at no cost, ensuring the effective rollout of training and access to digital educational platforms.

According to the chief executive of Airtel Rwanda, Mr Sujay Chakrabarti, the collaboration marks a significant step forward in bridging the digital divide and empowering Rwandan youth with digital skills.

He described the partnership as “a powerful example of what happens when government, private sector, and international organizations come together to empower communities.”

“This partnership reflects our commitment to supporting national development goals and closing the digital divide through meaningful collaboration,” said the Head of Programs at Airtel Africa Foundation, Ms Esi Asare Prah, said on behalf of the chairman of the foundation, Mr Segun Ogunsaya.

“We are honoured to partner with ITU to bring this vision to life and contribute to Rwanda’s journey toward becoming a digitally empowered society,” he added.

Also, the Regional Director for International Telecommunication Union (ITU), Mr Emmanuel Mannaseh, said, “Our partnership with Airtel Africa Foundation begins in Rwanda, where we are joining forces to strengthen digital skills in underserved communities to advance connectivity. This initiative lays the groundwork for broader regional collaboration, as we aim to expand this work to other Digital Transformation Centres across Africa.”

On his part, the chief executive of Rwanda Information Society Authority (RISA), Mr Antoine Sebera, said, “What we are seeing here today is partnership in action. Statistics show that 900 million people in Africa remain unconnected, extra effort needs to be made to make sure that no one is left behind.

“This positions Rwanda a step ahead by being intentional to involve the youth. These centres are going to play a transformative role in educating the youth to leverage AI. Digital Transformation is driving the world and Africa or Rwanda cannot be left behind.”

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