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[BUSINESS] · South Africa, Ethiopia, Kenya · 3 sources

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BioInformatiCo prepares to scale Leova AI platform amid African tech developments

BioInformatiCo, a Johannesburg-based clinical data management firm, is preparing a seed funding round to scale its Leova AI platform. The platform automates the construction and validation of clinical trial databases from study protocols. In one instance, Leova reduced database validation time from five days to one day. The company recently placed second in the 2026 CDISC AI Innovation Challenge.

In Ethiopia, Proparco’s Digital Africa has made its first investment in the Addis Ababa-based agritech platform ChipChip, which uses AI and data to connect farmers with buyers. Additionally, in Kenya, Neural Labs Africa and Me-Nasoma received equity-free funding and Meta advertising credits through the Meta AI Academy Kenya Pitchathon. Both companies will advance to the Regional AI Summit in Istanbul.

In the financial sector, Nedbank Group’s acquisition of approximately 66 percent of Kenya’s NCBA Group has become unconditional following the fulfillment of regulatory conditions. The transaction is valued at approximately 13.9 billion rand.

Entities

NCBA Group · Nedbank Group