Sign In
  • Africa
  • African
  • Trump
  • South
  • Guardian
  • Mail
logo
  • Home
  • Ghana
  • Africa
  • World
  • Politics
  • Business
  • Technology
  • Sports
  • Entertainment
  • Health
  • Crime
  • Lifestyle
Reading: H1 African startup funding hits $1.35 billion, up 78% YoY
Share
African News HeraldAfrican News Herald
Font ResizerAa
Search
  • Home
  • Ghana
  • Africa
  • World
  • Politics
  • Business
  • Technology
  • Sports
  • Entertainment
  • Health
  • Crime
  • Lifestyle
Follow US
© 2024 africanewsherald.com – All Rights Reserved.
African News Herald > Blog > Technology > H1 African startup funding hits $1.35 billion, up 78% YoY
Technology

H1 African startup funding hits $1.35 billion, up 78% YoY

ANH Team
Last updated: July 5, 2025 7:10 pm
ANH Team
Share
SHARE

Telecom Egypt’s role in landing the cable and ensuring strong terrestrial connections highlights the country’s strategic position in the global data landscape. With increasing demand for reliable and high-capacity connectivity, Egypt’s investment in infrastructure like the SEA-ME-WE-6 cable is a key step in meeting the needs of a growing digital economy.

Overall, the completion of the cable landings marks a significant milestone in enhancing connectivity between Asia, Africa, and Europe. As more data flows across these regions, the SEA-ME-WE-6 cable will play a crucial role in supporting the growth of digital services, enabling faster and more reliable communication for businesses and individuals alike.

In conclusion, the recent developments in African funding, Ghana’s regulatory reforms, and Telecom Egypt’s infrastructure investments all point to a region that is actively shaping its digital future. With increased investment, regulatory clarity, and improved connectivity, African countries are positioning themselves as key players in the global tech landscape, driving innovation, economic growth, and digital inclusion across the continent.

Telecom Egypt has recently made significant progress in its subsea activities, with the latest landing marking a key milestone in the company’s strategic partnerships. SubCom’s CEO, David Coughlan, expressed his satisfaction with the collaboration and confirmed that the project is well on track for full deployment.

This landing is part of Telecom Egypt’s broader efforts to enhance its subsea connectivity. In the past year, the company has joined forces with industry leaders such as Mobily, ASN, ZOI, and Alcatel to either land or co-develop new subsea systems. Egypt is emerging as a pivotal subsea hub in Africa, with crucial connections to Europe, Asia, the Gulf, and soon, even Australia through Google’s upcoming Umoja cable.

See also  QED leads $11M investment in Nigerian fintech Raenest

With projects like 2Africa, Equiano, Africa-1, and now SEA-ME-WE-6, it is evident that the digital future of the continent is being shaped beneath the waves, and Egypt is at the forefront of this transformation.

In other news, opportunities abound for professionals in the tech and business sectors. Pitch Friday is scheduled for June 11, 2025, offering a platform for innovative ideas. Lagos Business School is actively recruiting, and Kuda has 37 open positions. MasterCard is seeking a Head of Impact Labs, while Jumia is looking for a Chief Marketing Officer. Sun King has an opening for a Workforce Planning Analyst in Nigeria.

For entrepreneurs, Equity Merchants CommunityConnect provides a valuable networking platform to engage with peers, experts, and investors. Additionally, Techpoint Africa welcomes feedback to enhance its services and offerings. Startups and product creators can pitch their ideas to a live audience, while potential vendors can explore opportunities to sell their products through Techpoint Africa.

Stay informed about the latest trends and news in African tech by following Techpoint Africa’s WhatsApp channel. Have a great weekend ahead!

Written by Victoria Fakiya for Techpoint Africa.

Subscribe to Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

I have read and agree to the terms & conditions
TAGGED:AfricanbillionFundingHitsstartupYoY
Share This Article
Twitter Email Copy Link Print
Previous Article Red, White and Blue Bikinis Guess Who!
Next Article Nine-man PSG beat Bayern to reach Club World Cup semis
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Editor's Pick

Dear Bar Council of England and Wales, and the Commonwealth Lawyers Association

Response to Joint Statement on Suspension of Chief Justice of Ghana Dear Madam and Sir, We have taken note of…

August 21, 2025 3 Min Read
Ghana Mother Charged for Burning Son With Iron Over Lost Pen

A Ho Circuit Court has remanded 25-year-old cook Jemima Kwaku after she…

2 Min Read
Police Thwart Pre-Dawn Bank Heist in Winneba

Police Thwart Armed Robbery Attempt at MRB Rural Bank in Winneba Law…

1 Min Read

Lifestyle

Against All Odds: Monica Kafui’s Triumphant Journey to Becoming a Registered Nurse

  Against All Odds: Monica Kafui’s Triumphant Journey to Becoming a Registered Nurse

Accra, Ghana — In a story that echoes resilience, sacrifice,…

September 11, 2025

My stepmother wants to hand over my dad’s company to my stepsister

File photo of a worried woman…

September 8, 2025

Health benefits of pawpaw

Pawpaw boosts digestion, immunity and heart…

September 8, 2025

Don’t worry about ‘push gifts’ — Dr Boakye

A new article on the topic…

September 8, 2025

My wife wets our bed all the time and it’s getting out of hand

File photo of a worried man…

September 8, 2025

You Might Also Like

Technology

Nvidia Partners with Cassava to Build AI-Ready Data Centres Across Africa in US$700 Million Deal

Nvidia's $700 Million Deal with Cassava Technologies to Establish AI-Ready Data Centers in Africa Nvidia has made a groundbreaking move…

4 Min Read
Technology

Top 7 Corporate Partners for African Startups

Microsoft's focus on tech-driven sectors and its pan-African reach make it a valuable partner for startups looking to scale across…

9 Min Read
Technology

South Africa’s ABSA doubles down on AWS to fuel cloud-native banking push

ABSA Strengthens Partnership with AWS to Drive Innovation and Customer Experience ABSA, a leading financial institution in South Africa, has…

2 Min Read
Technology

Munify Secures $3 Million Seed Funding to Revolutionize Cross-Border Banking for the Egyptian Diaspora

Munify, a revolutionary cross-border neobank catering to the Egyptian diaspora, has recently closed a successful seed funding round of $3…

3 Min Read
logo logo
Facebook Twitter Youtube

About US

Stay informed with the latest news from Africa and around the world. Covering global politics, sports, and technology, our site delivers in-depth analysis, breaking news, and exclusive insights to keep you connected with the stories that matter most.

Top Categories
  • Africa
  • Business
  • Entertainment
  • Sports
Usefull Links
  • Home
  • Contact
  • Privacy Policy
  • Terms & Conditions

© 2024 africanewsherald.com –  All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?