pandemic

The pandemic put a spotlight on the need to invest in women founders

Without a doubt, the COVID-19 pandemic created catastrophic effects in our communities, educational systems and, most importantly, our careers and overall global economy. The pandemic has also had a disproportionate effect on women’s careers: We are 1.8 times more likely to be laid off than men. It is also important to note that the pandemic caused a…

E-Track Programme

Update : Apply for UCT GSB E-Track Programme Cohort Five

Deadline: 11 October, 2021 The University of Cape Town (UCT) Graduate School of Business (GSB) Solution Space, in partnership with Ayoba, has opened applications for the Cohort Five of the E-Track Programme. The programme serves as a platform for corporate partners to engage and collaborate on specific research and development agendas. Designed to support individuals…

MarketForce

Kenyan retail-tech startup MarketForce expands to Nigeria

MarketForce, the Kenya-based B2B platform for retail distribution of consumer goods and digital financial services, has made Nigeria its first port of expansion in the wake of its funding round. Co-founded in 2018 by Tesh Mbaabu and Mesongo Sibuti, MarketForce is a B2B retail marketplace that empowers informal merchants in Africa to source, order and pay for…

Startup Accelerator
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Applications open for 3rd Google Startup Accelerator: Middle East and North Africa

Google has opened applications for the third edition of its Startups Accelerator: Middle East and North Africa programme, which offers startups access to mentorship and support from Google experts. The three-month digital programme, which kicks off in January of next year, is targeting seed to Series A tech startups. Twelve companies just graduated from the second…

Uber
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Nigeria: Uber launches ride-hailing operation in 2 new cities, Ibadan and Port-Harcourt

Ride-hailing company, Uber has announced the expansion of its services to two new cities in Nigeria, Port Harcourt and Ibadan. With this move, Uber’s services will now be available in five cities including Lagos, Abuja and Benin City. According to Uber, the move is intended to unlock growth opportunities in the cities for drivers who…

Fluterwave Opay

Flutterwave, Opay named among CB Insights’ Fintech 250 companies

Made up of 250 top private companies leveraging technology to solve challenges in the financial services industry, CB Insights has unveiled the fourth annual Fintech 250. The Fintech 250 includes the most promising fintech companies from around the world, operating in capital markets, insurance, digital banking and wealth management. Companies in this year’s cohort have…

Ford Foundation

Ford Foundation appoints Catherine Chinedum Aniagolu-Okoye as regional director W/Africa

A new regional director, in the person of Catherine Chinedum (‘ChiChi’) Aniagolu-Okoye, has been appointed to take charge of the West African office of Ford Foundation based in Lagos State. Before the appointment of Aniagolu-Okoye, the position was served by the late Innocent Chukwuma from 2013 to 2021. During his tenure, he helped Ford Foundation build its…

Pacer Ventures
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Pacer Ventures announces Pacer Labs, Pan-African software development firm

Sub-Saharan Africa venture firm Pacer Ventures is set to further unlock the power of digital transformation in Africa with the launch of Pacer Labs, a software development firm born to support the African digital ecosystem and the growth of forward-looking organisations by harnessing the power of advanced technologies. Projections indicate that Africa will be the world’s next tech talent…

Google

4 Things You Didn’t Know About Google’s $1-Billion Investment in Africa

US-based tech monolith Google, a subsidiary of Alphabet Inc, has announced its plans to invest $1-billion over 5 years to accelerate and support digital transformation across Africa through a series of new initiatives, from faster internet to backing startups. The announcements were first made during yesterday’s first-ever Google for Africa virtual event, which can be…

Onyeka Akumah
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Onyeka Akumah : A Ride On A Bus That Changed This Entrepreneur’s Journey

Designing websites came naturally to Onyeka Akumah even as a college student, but his greatest epiphany was in a moving bus in Lagos. Today, his bus-hailing solution is going places. What do you get when you have a mother who wants you to make all the money in the world and a father who wants…

Google

Google and YouTube say they won’t allow ads or monetized content pushing climate denial

Google announced Thursday that it would no longer allow ads or monetization for content that promotes climate change denialism. The policy change will apply to publishers, advertisers and YouTube creators, who will no longer be able to make money from content that “contradicts well-established scientific consensus around the existence and causes of climate change.” Google plans to…

Kaazi
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Ghanaian startup Kaazi launches football talent identification platform

Ghanaian startup Kaazi has launched the public beta of its football talent identification and recruitment platform, which will be available to all football players in Africa.  Founded in July by Nana Yaw Oppong-Mensah, a former football player, coach and scout, Kaazi is a web-based platform that allows football players to build their own profiles by adding videos…

Nedbank
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Nedbank & Microsoft Launch Free Online Digital Skills Training Platform

Nedbank, one of South Africa’s largest lenders, has announced the launch of the Nedbank DigiSkills online platform, in partnership with Microsoft and Afrika Tikkun. The DigiSkills Online platform seeks to help South Africans acquire the in-demand skills needed in a more digital post-COVID-19 economy. The initiative initially aims to upskill and create sustainable income opportunities…

EMURGO Africa

EMURGO Africa to Support 100 Local Startups Within 3 Years

EMURGO – the official commercial arm and a founding entity of the Cardano blockchain – previously announced the launch of a new wholly-owned Cardano ecosystem investment vehicle to invest into early startup and growth stage companies focused on building socially impactful solutions powered by Cardano, through two separate entities with distinct visions, EMURGO Africa and EMURGO Ventures. EMURGO Africa announced today…

Community Accelerator Program

World Facebook announces winners of 2021 Community Accelerator Program in Africa

Facebook  today announced the winners of the 2021 Facebook Community Accelerator Program, highlighting the 13 Facebook community leaders from Nigeria, South Africa, and Kenya who will receive training, mentorship and up to $50,000 USD in funds to invest in an initiative that extends their community’s positive impact. The 13 winners emerged out of over 13,000 applicants…

90% of Africa’s $6.6b startup funds reside in Lagos, Cape Town, three others

90% of Africa’s $6.6b startup funds reside in Lagos, Cape Town, three others

With Africa’s startup ecosystem worth put at $6.6 billion, over 90 per cent of these funds are currently concentrated in five cities including Cape Town, Lagos, Johannesburg, Nairobi and Accra. This is one of the key findings in the latest Global Start-up Ecosystem Report 2021 (GSER 2021), compiled by Startup Genome and the Global Entrepreneurship Network….

Distributed Systems,Olamiposi Ogunyemi,

Scaling Distributed Systems: Navigating the Complexities of Global Fintech Infrastructure 

In today’s rapidly changing financial world, businesses are continually innovating to satisfy dynamic client expectations while adhering to severe regulatory standards. As these businesses spread their services across multiple locations, expanding distributed systems becomes increasingly difficult. To shed light on the complexities of this topic, Olamiposi Ogunyemi, a Senior Software Engineer with almost a decade of…

twitter

Twitter is testing prompts that warn you when a conversation has bad vibes

If you’ve ever tweeted something innocuous that went on to kick off a firestorm of unwanted attention, you know full well that people on Twitter will fight about anything and everything — it’s the internet’s premier destination for high-speed, low-information opinion slinging, after all. Twitter has been working on ways to tone down the toxicity…

Whatsapp

WhatsApp Spotted Testing a Custom Privacy Setting for Profile Photos on Android

WhatsApp for Android is in testing a profile photo privacy setting that will let users hide their profile photos from specific contacts, according to a report. The custom privacy setting may come alongside the existing options to let you show your profile photo to everyone, all contacts, and nobody. The change is said to be…

Huawei

How Huawei is innovating nonstop for faster digitalization

Huawei’s,  annual flagship event for the global ICT industry – HUAWEI CONNECT 2021 – kicked off on Sep 23, 2021. Eric Xu, Huawei rotating chairman, opened the event with a keynote speech titled “Innovating Nonstop for Faster Digitalization”. This year’s event, themed “Dive into Digital”, explores how digital technology can better integrate with business scenarios…

African Development Partner

DPI announces the $900 million final close of the African Development Partners III Fund, one of the largest African funds

African Development Partners III Fund (ADP III) has surpassed its US$800 million target and is set to close at US$900 million, with an additional US$250 million in dedicated co-investment capital, according to Development Partners International, a premier investment firm focused on Africa. This takes the total amount invested on the continent to US$1.15 billion. ADP…

MTN Uganda

MTN Uganda is planning a $1.2 billion initial public offering

According to Keith Kalyegira, Chief Executive Officer of the Capital Markets Authority, the initial public offering (IPO) of telecommunications company MTN Uganda is expected to raise approximately $1.2 billion. MTN Uganda has previously announced that it had received approval to float 20% of its stock. MTN Uganda intends to launch an initial public offering (IPO) and list on…

Google

Google will now offer African startups more than no-strings cash and office space

At a virtual event on Wednesday (Oct. 6), Google’s CEO Sundar Pichai said his company will invest $1 billion in Africa over five years to build a subsea internet cable, support nonprofits, and fund businesses. The cable, named Equiano after the Nigeria-born 18th-century abolitionist, has been in the works since 2019 when it was first announced. It…

HealthTech Event

The Premier HealthTech Event in Africa Returns – Secure Your Sponsorship Today

The Healthcare Innovation Summit Africa (HISA) returns on the 17 and 18 November 2021. There is simply no other event in Africa like HISA2021 – this virtual congress seeks to join the dots between innovation and practicality, presenting the latest healthcare technologies and showcasing their practical application and integration into existing healthcare infrastructure. Join IT News Africa at this year’s summit…

Telkom

Telkom SA Further Slashes Data Prices for Summer

Telkom South Africa has launched a new set of postpaid promotional deals and prepaid LTE deals offering more value to its mobile customers. These new data price reductions come not long after the semi-private telco announced its 1GB mobile data bundle reduction to R79 and the introduction of a new and affordable 1.5GB + 1.5GB All Network…

Zimbabwe

The Zimbabwe dollar drops 89 cents as the national bank cracks down on unlawful forex trade

The central bank of Zimbabwe has added 47 more people to its blacklist for allegedly using social media to advertise and facilitate unlawful foreign exchange transactions and money laundering. According to John Mangudya, governor of the Reserve Bank of Zimbabwe, 30 people were “blacklisted and prevented from accessing financial and mobile telecommunication services for the…

Ghana Startup Summit

Ghana Startup Ecosystem Program to provide digital skills to 7000 youth

Ghana Tech Lab has partnered up with a number of partners for the fourth edition of the Ghana Startup Summit, which will take place in Accra over the course of a week. The theme of this program is “Enterprise Innovation and Youth Employment at the Center of Ghana’s Digital Drive,” and it is primarily focused…

AppsFlyer

AppsFlyer Report Finds 55% increase in spending as eCommerce grows across Sub-Sarahan Africa

AppsFlyer, the marketing measurement and experience platform, has released their 2021 edition of its State of eCommerce App Marketing report, outlining key global trends to guide marketers in building a mobile-first experience that will drive engagement and sales for the upcoming holiday season. Having analysed over 750 million app installs across 7250 apps, and 3 billion remarketing…

Orderin CEO Gives 5 Simple Ways SMMEs Can Become Competitive in eCommerce

Orderin CEO Gives 5 Simple Ways SMMEs Can Become Competitive in eCommerce

A few years ago, the majority of South Africans had never made a single purchase online. Today, the local e-commerce market has experienced a massive boom as lockdown restrictions aimed at curbing the spread of COVID-19, made online shopping feel like the safer, and sometimes the only, option for consumers. According to a 2018 report from shopping…