For cohort three of the AUDA-NEPAD Home Grown Solutions Accelerator, which aims to offer emerging and mature-stage African healthcare enterprises with hands-on, highly targeted support in order to help them improve and flourish, applications are now being accepted. The program, which was conceptualized in response to the COVID-19 pandemic to realize the potential of local…
The 2022 AgriPitch Competition of the African Development Bank Group will include 25 youth-led agriculture sector businesses from 14 African nations. The Competition’s 25 finalists were revealed by the Bank in partnership with the implementing lead Private Equity Support, partner organizations Eldohub and the Private Finance Advisory Network, and the $140,000 in grants and business…
Google has announced that the Google for Startups Growth Academy: Cybersecurity program is currently accepting applications. The application will take into account startups wanting to scale worldwide and particularly states it is for Seed to Series A startups situated in Europe. The three-month school will be off in April with courses led by a combination…
Retail success in a highly interconnected, data-driven world requires a balance of multiple dimensions, including providing value to customers at the right time and in the right place, while also reducing friction, and increasing engagement. This is according to some of the findings in the ‘Future of retail’ e-book that contains insights from retail and consumer packaged…
December 2022: ONE Africa Digital Summit will spearhead a power-packed programme of mind-stretching conference content at the inaugural GITEX AFRICA 2023 in Morocco, unifying government and private sector leaders, policy makers, investors and academics, to steer Africa’s transformation into a single digital market. The one-day summit on 30 May 2023 at Mamounia Hotel, Marrakech, is poised to…
Sama, the primary subcontractor for content moderation for Meta in Africa, declared earlier on Tuesday that its hub in Kenya will be the final destination for its content moderation division due to the need to consolidate operations. This comes just after another lawsuit demanded that Meta increase its capability for content monitoring in Kenya, and…
A $2 million investment into 10 entrepreneurs creating solutions to increase the resilience of climate-vulnerable populations in Africa has been announced by pre-seed venture capital (VC) fund and accelerator Catalyst Fund. Pre-seed venture capital fund and accelerator Catalyst Fund supports high-impact tech firms looking to strengthen the resilience of underprivileged, climate-vulnerable populations. It collaborates with…
Next month, a “robot” lawyer powered by artificial intelligence will be the first of its kind to assist a defendant in fighting a traffic ticket in court. DoNotPay CEO Joshua Browder stated that the company’s AI-creation runs on a smartphone, listens to court arguments, and formulates responses for the defendant. Through headphones, the AI lawyer…
CredPal, a Nigerian financial company, has teamed up with Bolt, a ride-hailing business, to let its consumers “ride now and pay later.” The cooperation is a deliberate move by Credpal to strengthen its Buy-Now-Pay-Later products and provide clients simple credit financing solutions. By downloading the CredPal app, users can activate the option to pay for…
The ENRICH in Africa project, which aims to bring together key players from the European and African innovation ecosystems to support and enhance them, unveiled the ENRICH in Africa Centre (EiA Centre) at the annual congress that took place in Nairobi, Kenya, on November 25, 2022. The ENRICH in Africa project, an EU project funded…
Releaf, a digital firm that makes it simpler for African producers of consumer goods to get access to high-quality materials for their facilities, has raised $3.3 million in a Pre-Series A funding round that was oversubscribed. Samurai Incubate Africa, which had previously led Releaf’s seed round, served as the round’s lead investor and was joined…
Happy New Year and thanks for taking the time to meet today, Wole. I’ve heard a lot about your journey, and I’d love to dive deeper into your experience and learn more about your path in product management. Can we meet you please? Sure, my name is Wole Ayeni, a Product Manager with over five…
Eko Anime Fest was back for its second edition at the canyon center Lekki. The event drew almost 2000 dedicated anime lovers across Lagos and Nigeria in colorful and descript cosplay. The 12 hour event was filled with activities such as a cosplay contest, face painting, games, vendors and amongst this, a photo booth. The…
In 2022, Kaspersky’s detection systems discovered on average 400,000 malicious files distributed every day, indicating a 5% growth compared to 2021. The number of certain types of threats also escalated: for example, Kaspersky experts discovered the 181% increase in the proportion of ransomware detected daily. These and other findings are part of Kaspersky Security Bulletin…
One Device to Rule Them All Imagine an average professional working for your corporation or department, and his daily life – we’ll call him Mike. Mike wakes up and checks his social media and SMS notifications. Maybe he’ll search a news video and broadcast it onto his smart television while he dresses. Touching his phone…
The company has continued to support Windows 7 for businesses that are still using it as part of the ESU program even though it reached the end of support in January 2020. Only security patches were included in the Extended Security Update program, which was offered to paying customers as part of the monthly Patch…
According to a security researcher, hackers obtained the email addresses of more than 200 million Twitter users and posted them on a hacking forum online on Wednesday. Alon Gal, co-founder of Israeli cybersecurity-monitoring company Hudson Rock, wrote on LinkedIn that the breach “will regrettably result in a lot of hacking, targeted phishing, and doxxing.” One…
The creators of the oddly endearing cat tail cushion, Yukai Engineering, are back with a new eccentric creation. The Fufuly, a new anxiety-relieving cushion from the Japanese manufacturer shown at CES 2023, uses a mild rhythmical pulsing as its primary therapeutic mechanism this time around. It is said that a Fufuly’s lifelike behavior stimulates your…
A $480,000 financing has been launched by Millesima Technologies, a Tunisian firm licensed under the StartupAct and focused on data technology, streaming media, and VOD. Millesima Technologies, established in 2021 by Haythem Dridi, specializes in video technology and data analytics. It provides an end-to-end solution that enables its users to design entirely virtual, partially virtual,…
As presale sales for Elon Musk’s Starlink, a satellite internet service, commence in Nigeria, the costs for its starter kits have been disclosed. The announcement was made by Starlink in a statement that TheCable saw on Tuesday. The change is in line with the business’s objectives to introduce and broaden its offerings in Nigeria this…
Many smartphone users would prefer to utilize a virtual QWERTY keyboard that could be presented as a hologram on a table in front of them instead of the confined QWERTY keyboard that comes with their device. These virtual keyboards might be bigger than a desktop computer’s QWERTY, providing users more room to type. This would…
The Emirates International Investment Company (EIIC) has provided funding to Egypt’s Mahaseel Masr, a regional B2B fresh produce digital platform, to accelerate the deployment of its agri-focused e-commerce platform. Mahaseel Masr is a smart digital platform that offers a variety of digital tools to make online transactions more reliable and secure, while also ensuring farm…
Digital Encode Limited’s Co-founders – Dr. Adewale Peter Obadare and Dr. Oluseyi Akindeinde – have been honoured with Lifetime Achievement Award by BusinessDay Newspapers. At the Nigerian Business Leadership Awards, organized by BusinessDay Newspaper held in Lagos on December 03, 2022, the co-founders, with many laurels in the bag, received industry-wide accolades for their outstanding…
According to reports, both outdated Android and iPhone handsets would no longer support WhatsApp, which is owned by Meta. Starting on December 31 and affecting as many as 49 cellphones, the adjustments will be in effect. Older iPhone users will need to update to iOS 12 or later, while Android users will need Android OS…
For the 2023 ASME Innovation Showcase, the American Society of Mechanical Engineers (ASME) is now seeking applications from social entrepreneurs who are specializing in hardware innovations. The esteemed global hardware accelerator is available to people and businesses bringing physical goods to market that will have a positive social and/or environmental effect and that enhance quality…
Today, Meta announced its “2022 Africa Year in Review,” which highlights some of the company’s activities and investments in Sub-Saharan Africa in the areas of innovation, support for SMBs and Creators, and community-building work. This shows Meta’s ongoing achievements and triumphs around the area and reinforces its ongoing investment in and commitment to Africa with…
The majority of Solarise Africa’s operations are in Kenya, and the company has secured $3 million from EDFI ElectriFI to develop there. Solarise Africa is an all-African provider of energy as a service with clever financing alternatives. Solarise Africa, which has operations in Kenya, South Africa, Uganda, and Rwanda, engages closely with partners to offer…
In a crucial step toward its goal of democratizing access to money and networks for exceptional African founders and accelerating the growth of Africa’s digital economy, Kazana Fund has announced the opening of its angel syndicate. The angel syndicate of Kazana Fund, an early-stage investor that seeks to collaborate with “great African startups,” seeks to…
Nigeria’s economy has been in a slump in recent months, owing to inflation, interest rates, public debt, and current account deficits. Nigeria’s inflation rate increased to 21.09 percent in October 2022, up from 15.92 percent the previous year. The volatile currency exchange rate, however, also has an impact on Nigeria’s economic problems. The term “Foreign Exchange” or…
In addition to the present US and UK corridors, Nala, a Tanzanian fintech firm and agent of #Ripple, a partner Modulr, has entered the European market. This will allow remittances to Africa from 19 EU countries. The NALA fintech recently incorporated ApplePay and Google Pay into its portfolio to enable payments from the US and…