AfricaWorks Insights
AfricaWorks Insights
June 18, 2025 at 02:36 PM
🚀 South African startup Open Access Energy raised $1.8M seed funding to scale EnergyPro, its AI-powered platform enabling electricity trading via decentralised infrastructure. ⚡ The cloud-based system supports energy wheeling by automating metering, risk management, and real-time load balancing. 🌍 Backed by E3 Capital, Equator VC & Factor E Ventures, OAE is driving South Africa’s clean energy shift through private generation and local distribution solutions. 🇳🇬 Nigeria’s Bosun Tijani has been elected Vice-Chair of the ITU Council (2025–2026) — the country's first leadership role at the ITU in nearly 50 years. 🌍 His appointment boosts Africa’s voice in global digital governance, with a focus on inclusive tech, resilient infrastructure, and digital literacy. 💻 Tijani aims to align global ICT policy influence with Nigeria’s national goals, driving equitable digital growth across the continent. 📱 MTN, Chenosis, and TransUnion Africa have launched Telco Data Score, a credit scoring tool using mobile call data to help credit-invisible South Africans access financial services. 🔓 By leveraging telco usage patterns as a proxy for financial behaviour, the tool boosts financial inclusion, especially for under-25s and first-time borrowers. 💡 With a 25–35% improvement in predictive accuracy, this Africa-born innovation supports responsible lending while unlocking long-term economic potential. 🚚 Logidoo has launched a new logistics corridor linking Belgium–Casablanca–Dakar, expanding access between Europe, North Africa, and West Africa. 🌍 In partnership with a Belgian operator, the route offers end-to-end logistics—from storage to last-mile delivery—for European brands entering African markets. 📦 This move positions Morocco as a key hub for pan-African and cross-border trade.
Image from AfricaWorks Insights: 🚀 South African startup Open Access Energy raised $1.8M seed funding ...

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