Browsing: Technology

Stay informed with the latest technology news updates and exclusive investigations from ABS Africa TV. Our Technology News section delivers breaking stories, in-depth analysis, and trusted reporting on the events of technology.

The European Bank for Reconstruction and Development (EBRD) is investing US$ 8 million (€ 6.8 million) in Ventures Platform Pan-African Fund II, marking the Bank’s first commitment to a pan-African venture capital fund assessing opportunities in sub-Saharan Africa.

African startups raised about $1.44 billion in the first half of 2026, but the small cheques that start companies are disappearing. Rounds below $500,000 made up just 19% of deals, down from 52% in H1 2021, and only 190 ventures raised more than $100,000, the lowest tally since at least 2021. Disclosed grants are thinning…

Australia has formally enacted new legislation that requires major technology corporations to pay substantial levies if they do not negotiate commercial compensation agreements with domestic news publishers for distributing their journalism. According to a report by news agency Reuters, the law is titled News Bargaining Incentive, and imposes a 2.5% tax on local advertising earnings…