Technology & Innovation3 stories from 1 sources
Several companies are making strategic moves in African markets. Vertiv, a global critical digital infrastructure provider, is significantly expanding its presence in Africa, focusing on developing AI-ready data centers and sustainable power solutions. In the financial technology sector, Yellow Card appointed Gillian Darko as its new Vice President of Strategy to drive its long-term planning and stablecoin expansion in new markets. Meanwhile, venture capital firm TLcom Capital's $5 million TAPSI Fund has reached 50% deployment. This milestone was achieved through its participation in the $2 million seed round of South African travel payments platform TurnStay. The TAPSI Fund, launched in 2022, provides up to $200,000 in pre-seed funding to African startups.