#19 Safaricom's $500M AI strategy, Moniepoint in legal trouble and African Startups raise $1B

In this episode of the Tech Tides Africa Podcast, Kelvin and Karen discuss Safaricom’s $500 million AI strategy and what it means for the future of AI investment in East Africa. This ambitious move positions Safaricom as a key player in Africa’s artificial intelligence landscape.

They also cover the Moniepoint legal controversy, where a former executive is suing the fintech unicorn and how the new U.S.-Nigeria trade deal could open the door to increased foreign investment in Nigerian startups, accelerating growth for small and medium enterprises (SMEs) across the region.

Also in this episode:

Africa to launch an Indigenous Credit Rating Agency

Safaricom unveils $500M AI strategy

Safaricom swipes left on Genghis

Silverbacks partially exits from OmniRetail with a 5x return

Ex-Moniepoint executive drags fintech unicorn to court

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