The sixth cohort of the AlphaExpo Micro-Accelerator has opened for submissions at the Africa Fintech Summit, the largest biannual fintech event in Africa. Up to 15 African businesses will be able to attend and exhibit at this year’s event in Lusaka, Zambia, on November 1-2 thanks to the AlphaExpo program, which is at the core…
According to recent study, African governments are working with tech entrepreneurs to boost regional health supply chains. Nearly 50 partnerships between health startups and African governments were found to be aimed at streamlining supply chains and enhancing health outcomes throughout the continent. The new annual market intelligence report from healthcare consulting firm Salient Advisory highlights…
BasiGo, a Kenyan electric bus maker, plans to enter the Rwandan market in the fourth quarter of this year. The startup has announced plans to deliver its first unit to Rwandan public transportation providers. Jit Bhattacharya, Chief Executive Officer and Co-Founder of BasiGo, stated that the agreement will see the buses distributed to public transportation…
EdVentures, an Egypt-based ed-tech corporate venture capital firm, has established a strategic alliance with VMS, a leading venture studio supporting entrepreneurs and startups in the Middle East, to advance education technology in the area. EdVentures, the investment arm of Egypt’s Nahdet Misr Group, has been in the forefront of investing in innovative ed-tech startups since…
African entrepreneurs are invited to apply for the second edition of the Madrid-based Aena Ventures accelerator, which offers chosen ventures EUR50,000 (US$55,000) in cash. Aena is looking for entrepreneurs and technology companies that may provide disruptive solutions to the airport industry’s present and future difficulties. The second edition of Aena Ventures is part of Aena’s…
Samsung Electronics Co., Ltd. has announced its fifth generation of Galaxy foldables: Galaxy Z Flip5 and Galaxy Z Fold5. The form factors offer unique experiences for every user with sleek and compact designs, countless customisation options, and powerful performance. The new Flex Hinge makes the foldable experience possible, while offering an aesthetically balanced and solid design….
Incorporating and applying data from many sources inside an organization to better governance procedures is known as data harmonization for corporate governance. Organizations guarantee consistency, correctness, and dependability in their data by aligning and standardizing it across systems, divisions, and business units. This technique improves the efficiency of governance practices and encourages greater judgment, accountability, and…
AfriLabs, an African hub network, has collaborated with the US Department of State’s Office of Global Partnerships (E/GP) to address the climate issue and foster entrepreneurship in Africa. AfriLabs, founded in 2011, empowers and fosters innovation hubs across Africa through its community-focused model, whereas the US Department of State is the United States government’s premier…
The most recent Westerwelle Young Founders Programme, which provides exceptional young entrepreneurs from developing and emerging countries with six months of business coaching and the opportunity to attend the Young Founder Conference in Berlin, is now accepting applications. Young business leaders, executives, and decision-makers from around the world can collaborate thanks to the Westerwelle Foundation…
A white X on a black background was used as the new Twitter logo, which Elon Musk and Twitter CEO Linda Yaccarino presented on Monday in favor of the well-known blue bird icon. X is present! Let’s do this,” tweeted Yaccarino, who also shared a photo of the company’s San Francisco offices with the logo…
Finally, ChatGPT will soon be available for Android. The long-awaited ChatGPT app for Android will be available starting next week, according to a weekend announcement from OpenAI. Between November 2022 and April of this year, the business that created the newest generative AI platform ChatGPT observed it gain a cult-like following online. Android smartphone owners…
In collaboration with the Make-IT in Africa project run by Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH on behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ), Co-Creation Hub (CcHub) has announced a new co-funded initiative to support innovation within African universities. The new program, known as UNI:NNOVATORS Startups-in-Residence, will see CcHub…
The Nigeria Data Protection Commission (NDPC) has urged all banks, telecom operators, educational institutions, government parastatals, and other organizations that collect and process data in Nigeria to register with the Commission between now and December, 2023 for data protection compliance monitoring. The National Commissioner of the NDPC, Dr. Vincent Olatunji stated this at a sensitisation…
Data protection plays a crucial role in safeguarding critical information from corruption, compromise, or loss and ensuring data privacy to protect individuals’ rights and foster trust in the digital economy. And Nigeria is firmly positioning itself as a responsible and secure destination for digital transactions and investments, with a clear emphasis on preserving the data…
The Ethiopian government has finally restored internet restrictions on popular social media platforms after barring access for five months. The limits, which were first put in place on February 9, 2023, had an impact on services including Facebook, Instagram, Telegram, TikTok, and YouTube. In response to anti-government demonstrations brought on by conflicts within the Ethiopian…
The first-ever WWBA Assembly will be held in Nairobi, Kenya, on September 13–14. Women Who Build Africa (WWBA), a community established to bring together and support women working in tech across Africa, has issued an open call for women founders, investors, and ecosystem partners to express interest in attending. The accelerator, which is sponsored by…
The establishment of Deloitte Africa’s Generative AI practice for the African market has been announced with pleasure. With the goal of accelerating commercial innovation, this new profession combines domain knowledge, competent AI developers, and strategic ecosystem and alliance ties. The potential of generative AI technology has generated substantial debate in a variety of fields. With…
The first virtual library in Kenya, called “VTabu,” has been formally opened by the Kenya National Library Service (KNLS). Ababu Namwamba, the Kenyan Cabinet Secretary for Youth Affairs, Sports, and the Arts, unveiled the $1.7 million startup in Maktaba Kuu in Nairobi. Over 200,000 reading items, including digitized books, magazines, academic papers, and official publications,…
For the most recent iteration of the MINT Incubator, which aids entrepreneurs in developing and becoming investment-ready, EGBank and Alex Angels have opened applications. Ten editions of the three-month, equity-free MINT Incubator have been released since its initial introduction in 2018. The curriculum includes a number of mentoring sessions and seminars on subjects including branding,…
In the first phase of its N100 billion bond issue program aimed at assisting micro, small, and medium-sized enterprises (MSME), the Development Bank of Nigeria generated N23 billion. The 2028 due date instrument has a 14.4% interest rate. The bank said that it would be useful in closing the MSME sector’s significant funding gap, which…
Astravest, a Nigerian business, is an investment platform that enables retail users to diversify their investments in dependable assets like commodities, fixed income, and real estate in order to increase their wealth. Astravest, a company that helps Africans conserve, diversify, and develop their money, was founded in 2022 by serial entrepreneur Chibuike Goodnews, formerly of…
Ten companies from Southern Africa have been recognized for their innovative approaches to closing the financial access gap for underprivileged people as part of a World Bank-sponsored challenge. The World Bank funded Southern Africa Innovation Bridge Portal ecosystem development efforts included the Fintech Challenge, which sought out novel and effective applications for the newest advancements…
Startup accelerator Applications are now being accepted for Wise Guys’ SaaS (Software as a Service) Accelerator Program in Africa. This program’s objective is to help regional SaaS businesses succeed by giving them the tools they need to meet common obstacles. SaaS Accelerator Africa is a Startup Wise Guys initiative that supports the growth and development…
Sophos, a global leader in innovating and delivering cybersecurity as a service, today launched Sophos Managed Detection and Response (MDR) for Microsoft Defender, a fully-managed offering that provides the industry’s most robust threat response capabilities for organizations using Microsoft Security. Sophos MDR for Microsoft Defender adds a critical layer of 24/7 protection across the Microsoft Security…
Before the pandemic, cybersecurity started to be considered as a fundamental area in a company. But it’s really after the implementation of teleworking during confinement and the cyberattacks that many companies suffered, due to the exposure of their devices, that IT teams are increasingly focused on raising awareness among their workers. The objective is clear,…
Since the introduction of AI systems such as ChatGPT, Mid Journey, Dall-e, and Bard, a lot of individuals have become concerned about how AI would affect their businesses and occupations. It’s interesting to note that any significant advancement in technology simultaneously provides new categories and opportunities while also seriously disrupting other industries and domains. Every…
AGCS’ professional indemnity report highlights 11 trends driving future insurance claims activity. Trends include evolving building safety laws, ‘hackers for hire’, inflation, and untrained use of generative AI tools. AGCS analysis shows that the legal and construction sectors are the industries most impacted by large professional indemnity claims. Architects and engineers face greater scrutiny over…
A South African accelerator promoting and enabling business owners in the green sector has been launched by the Anglo American Foundation (AAF) in collaboration with Grindstone, an accelerator famous for designing high-growth businesses. By giving them a special chance to raise money and get market access, the alliance intends to find and support 15 tech…
The second FAST Accelerator program has begun, according to Flapmax, an artificial intelligence (AI) company that seeks to improve everyone’s lives through innovation. The program is intended to support and finance the next wave of innovative businesses and entrepreneurs across the African continent. FAST Accelerator 2023 offers a transformative experience for startup entrepreneurs looking to…
Twenty Ghanaian startups graduated from the UNICEF StartUp Lab Accelerator, receiving GHS500,000 (US$445,000) in investment. The UNICEF StartUp Lab is an accelerator programme dedicated to supporting businesses working to advance the United Nations Sustainable Development Goals (SDGs) for children and young people, led by UNICEF in Ghana and supported by KOICA through the “KOICA-UNICEF Accelerating…