According to an investor presentation by owner Elon Musk and incoming Chief Executive Linda Yaccarino that was examined by Reuters, Twitter aims to concentrate on video, creative, and commerce partnerships to revitalize the social media company’s economy outside of digital advertising. According to a source familiar with the situation who spoke on the condition of…
By combining the knowledge and resources of the Orange Digital Centers and Digital Africa, Orange Middle East and Africa and Digital Africa hope to support and strengthen the development of African entrepreneurs. As part of this partnership, Orange and Digital Africa will search the African continent for and choose innovative tech firms. Orange Middle East…
The business Prembly, best known for its Y Combinator-selected Identitypass product, is not well-known in the African startup scene. However, the business offers a wide range of services. Prembly formalized as a parent business late last year after seeing the need for expansion beyond KYC, biometrics, and data verification. Prembly was founded in 2021 when…
Egypt’s Entrepreneur Awards (EEA), now in its third year, include winners in 14 categories. In addition to the “Next Gen Intrapreneur of the Year,” “Rising Entrepreneur of the Year,” “Entrepreneur for Good Award,” “From Art to Business,” and EEA’s first regional award, in partnership with IFC, “She Wins Arabia” program, “Regional Woman Entrepreneur of the…
In the past 12 months, ten African entrepreneurs from five startups on the continent have been welcomed into the global Endeavor network, giving them access to a range of support services to aid in the growth of their businesses. The Endeavor project, which selects, mentors, and accelerates the world’s greatest high-impact entrepreneurs in order to…
54 fellows from 22 countries have been chosen by the African venture capital talent network Dream VC to join the 2023 cohort of its renowned VC accelerator program, which aids present and aspiring investors in breaking into the African startup arena. Since its founding in 2021, Dream VC has trained more over 80 African and…
International Finance Corporation and Multilateral Investment Guarantee Agency of the World Bank Group have announced a $157.4 million equity investment to provide millions more Ethiopians with accessible, dependable mobile and internet services. According to a statement from the IFC, the money is a component of the ongoing expansion of Safaricom Ethiopia’s telecom network, a significant…
Pitch AgriHack 2023 is now accepting applications from young agri-tech entrepreneurs with solutions to food security concerns and empowering smallholder farmers throughout the continent. Pitch AgriHack provides a platform for these entrepreneurs to propose their technological solutions in order to revolutionize the agricultural environment of the continent. Pitch AgriHack 2023 will award the most innovative…
Dr Vincent Olatunji, the National Commissioner, NDPB has been appointed into Forbes Technology Council for 2023. Forbes Technology Council is an invitation-only community for world-class CIOs, CTOs and Technology Executives. Scott Gerber, Forbes Councils’ founder said they are really excited to welcome Dr. Olatunji to the Council. He stressed that their mission with Forbes Councils is “to bring together proven leaders from…
Source : Oluwafunke Kofoworade Digital technology has been widely embraced in recent times due to the ease of doing business with it. From online apps used to order food, hail rides, transfer cash between banks and to even request a handy man, it is indeed a means of innovation which has come to stay. Digital…
Startups in Ghana, Kenya, Nigeria, and Tanzania have been given the opportunity to scale their impact-driven businesses and receive up to EUR100,000 (US$107,000) in grant funding from develoPPP Ventures. develoPPP Ventures, on behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ) and administered by DEG Impulse, strives to empower businesses through entrepreneurial…
Google appears to have enhanced its already amazing photo recognition capabilities. The tool is useful for tagging people in recorded images, and Google’s images app is usually accurate in doing so. A new trick offered by Google Photos (on the server end) is the ability to recognize persons even when they are not facing the…
The African Energy Chamber has started its annual Energy Education Fund, which aims to assist young Africans pursuing undergraduate courses in oil, gas, and energy-related professions. The Chamber will provide scholarships, fellowships, and mentorship programs to eligible students on the continent and in the diaspora through strategic collaborations with educational institutions. This comprehensive approach to…
Google for Entrepreneurs Accelerator is a 10-week, equity-free hybrid program for Seed to Series A entrepreneurs addressing Climate Change with technology. The Middle East and Africa program, in collaboration with Google Cloud, assists high-potential startups based in the Middle East and Africa in growing with the best of Google through a mix of in-person and…
Venture for Africa, a talent community and the continent’s foremost source for top tech startup recruits, has launched applications for its second bootcamp session. Venture for Africa is a community designed to help top global talent transition into roles within the African tech startup ecosystem. Its flagship three-month fellowship exposes participants to local market nuances,…
Flutterwave, Africa’s leading payments technology company, has partnered with Token.io, A2A payments also known as ‘Pay By Bank’ – a fast and secure way to move Europe’s leading account-to-account (A2A) payment infrastructure provider, to power Pay By Bank transfer capabilities for Flutterwave’s platform. According to an announcement made today at the Money20/20 Europe fintech conference…
In cooperation with SGgrow and SGverse, TechCircle Limited has established Pitch2Win, an opportunity for innovative entrepreneurs in the Web2 and Web3 space to present their pioneering ideas and compete for a US$10,000 cash prize. Pitch2Win provides a venue for great innovators to acquire significant exposure, gain access to prospective investment opportunities, and receive valued mentorship…
Co-Creation Hub (CcHUB), Africa’s largest innovation hub, has chosen 12 firms for its inaugural Mastercard Foundation-sponsored edtech Fellowship Program after a three-month application and selection process. According to BD Funding Tracker, the African edtech sector raised 0.72% of the continent’s total venture capital in 2022. CcHUB stated its plan to increase funding for this sector…
The distinguished awards recognize, honor, and celebrate the successes of women company owners and entrepreneurs in Africa, across a range of market segments. The call for nominations for the 2023 AWIEF Awards has been made public by the Africa Women Innovation and Entrepreneurship Forum (AWIEF). The prestigious awards, now in their seventh edition since 2017,…
The Africa Small and Medium Enterprise Business Linkages Program in Burkina Faso, Chad, Mali, Mauritania, and Niger will receive a $950,000 grant from the Gender Equality Trust Fund of the African Development Bank. The grant, which will add to an earlier $3.9 million finance grant from the Bank’s Transition Support Facility, is anticipated to support…
Professor Charles Soludo, the Governor of Anambra State, has launched the ‘Solution Electronic Identification Card’ for civil servants and other government employees of the state. The function which took place at the Head of Service (HOS), Conference Hall, Awka featured a demo-presentation of the State E-ID card which is christened, ‘Solution E-ID card’. The HOS,…
Afrorama is a brand-new knowledge platform and encyclopedia for Africa that offers a carefully chosen selection of articles, films, and other multimedia content. Information on the arts and literature, commerce and politics, entertainment, geography and nature, history, sciences and technology, and philosophy from pre-colonial times to the present are all included in the packed, dynamic…
Nigeria has seen a sharp increase in unemployment over time, with a current estimate of 33%. All age categories in Nigeria are affected by a serious unemployment problem, with young people bearing a disproportionately high share of the burden. When people don’t have work, it makes life difficult for them and their household. Note that this causes labor…
Zoho Corporation, a leading global technology company, marked a significant milestone today with the official opening of its new office in Nairobi. This expansion signifies the establishment of Zoho’s seventh office in the Middle East and Africa (MEA) region. The event coincided with the announcement of a strategic partnership between Zoho and the Institute for Small Business…
In the past, building software entailed dealing with physical servers. It was slow and was expensive, which impeded product scaleth and novel solutions. Cloud computing impacted the status quo, but just porting code to a virtual machine isn’t enough. The best products today are cloud-native. They use everything the cloud infrastructure makes available, including its…
The second iteration of the ARM Labs Lagos Techstars accelerator, which offers access to up to US$120,000 in equity capital and other forms of support, is now accepting applications. The ARM Labs Lagos Techstars Accelerator will be run by Techstars, a global investment company that connects early-stage entrepreneurs with capital, one-on-one mentorship, and specialized programming,…
In the most recent Android beta, WhatsApp is distributing a screen-sharing functionality to testers. Users who are on a video call will have the option to tap a button to share their screen with other callers. Apps like Zoom, Google Meet, Microsoft Teams, and Skype all provide the ability to share your screen. The functionality…
According to GoBEBA, a Kenyan startup, the continent’s utilities supply chain is being reimagined to assist build the infrastructure necessary to support the rapid urbanization of the whole continent. GoBEBA is an online retailer of large refillable necessities that was founded in 2019 by Peter Ndiang’ui, a former general manager at OLX, and Lesley Mbogo,…
At the June 23 Africa Tech Summit London at the London Stock Exchange, twelve African startups have been chosen to present for funding. In Nairobi, London, and Ghana, the Africa Tech Summit (ATS) conference series offers knowledge and networking opportunities with the African tech industry. In order to promote investment and growth in African tech,…
After receiving a US$4 million funding round, Earnipay, a Nigerian fintech business that gives income earners flexible and on-demand salary access, is currently rapidly scaling. Earnipay was established by Nonso Onwuzulike in 2019 and connects payroll and HRM systems for employers to provide on-demand financing for workers to obtain their earned wage immediately and interest-free….