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

Plus, Genghis Capital Accuses Safaricom of Fraud
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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 swipes left on Genghis

  • Silverbacks partially exits from OmniRetail with a 5x return

  • The U.S and Nigeria signed a 5-year trade deal

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Kelvin: https://www.linkedin.com/in/kelvingobo

Karen: https://www.linkedin.com/in/karen-maina-84154937/

Joyce (Producer): https://www.linkedin.com/in/joycejohnaliche/

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