Poa Internet News Today : Breaking News, Live Updates & Top Stories | Vimarsana

US-Kenya deals secured $57.1 million in tech investments. Many deals aren't new and often US firms are set to be the executers.

The 2024 venture cohort covers a range of sectors including fintech, entertainment, blockchain, energy, agritech, health tech, and telecoms.

For African startups, Seedstars' $30 million investment from EIB Global means they could get between $250,000 and $2 million, with the potential for follow-on investments up to $5 million.

Seedstars Africa Ventures has received a $30 million capital commitment from EIB Global, an arm of the European Investment Bank, which becomes the first major institutional investment for its first Pan-African venture capital fund. The new commitment follows a $8 million investment from the fund’s anchor investor French private equity firm LBO France. The VC firm’s partners Maxime Bouan, Tamim El Zein and Bruce Nsereko Lule (who joined the duo in 2022) partnered with Seedstars Group, an emerging markets accelerator, to tap its infrastructure and market access in Africa.

Section 706 of the Telecommunications Act of 1996 orders the FCC to "encourage the deployment on a reasonable and timely basis of advanced telecommunications capability to all Americans." On October 25, The FCC issued a notice of inquiry (NOI) into how well we are doing and invited comments. The NOI points out that COVID and the concomitant increase in the use of interactive applications has "made it clear that broadband is no longer a luxury...