digital wallet

Banks are collaborating to develop a digital wallet that will compete with PayPal and Apple Pay.

According to recent reports, seven of the biggest names in banking, including Bank of America, JPMorgan Chase, and Wells Fargo, are working on a digital wallet that will allow people to shop online. Since PayPal and Apple Pay enticed hundreds of millions of users to their digital wallets, big banks have been looking for ways…

Future of Work

The Future of Work: How Technology is Changing the Workplace and Job Market

As technology advances at a breakneck pace, it’s transforming nearly every aspect of our lives, including the way we work. The traditional 9-to-5 office job is no longer the only option, as remote work, gig work, and flexible schedules become increasingly popular.  In this article, we’ll explore the future of work and how technology is…

Twitter

All Accounts Are Unfollowed by “Twitter Verified,” a Clue to Legacy Verifications Being Winded Down.

Twitter has started a mass unfollowing and is currently following “no one,” suggesting that the process of removing old verified accounts may finally be starting. The following has fallen to its absolute lowest point and is now “Zero” on the “Twitter Verified” account. Earlier, Twitter followed over 420,000 legacy verified accounts. Twitter had already issued…

Mastercard

With a call to action on financial and digital inclusion in Africa, Mastercard joins Kamala Harris.

During a roundtable meeting with Mastercard in the capital of Zambia, Lusaka, US Vice President Kamala Harris called on leaders in the public and private sectors to fund national financial inclusion strategies in order to bridge the continent’s digital divide. Just 33% of people in Africa are believed to use the internet, while only 55%…

Cellulant

Online and offline payments for businesses in Africa will be powered by Cellulant’s payment processing platform.

By delivering online and offline payment solutions, Cellulant, a payments technology company, promises to redefine how businesses in Africa make payments and get paid. Due mostly to improvements in peer-to-peer (P2P) and consumer-to-business (C2B) payment systems, the payments market in Africa is expanding quickly. Yet, for companies looking to expand into Africa, the fragmentation of…

AWS

Application for the first Femintech Innovation Competition  by AWS is now open.

Applications are now open for the first Femintech Innovation Challenge from Amazon Web Services (AWS), the cloud computing division of the largest e-commerce company in the world, Amazon. The challenge is designed specifically for women-led startups in Africa and aims to promote innovation, networking, and investment opportunities. The Femintech Innovation Challenge will highlight and honor…

IamtheCODE
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To eliminate the gender digital gap in Africa, UN Women and IamtheCODE collaborate.

IamtheCODE and the UN Women Regional Office for East and Southern Africa have joined forces to address the gender gap in digital technology in Africa. A two-day hackathon that just ended in Johannesburg, South Africa, had as its goal providing 102 high school girls from townships in the province of Gauteng with digital literacy skills…

VC Grow

The 2nd edition of the VC Grow program is now available to would-be investors.

The second iteration of the “VC Grow” program for new VCs has been introduced by prominent development partners GIZ Egypt, FMO, and AfricaGrow. The program aims to invest equity or venture loans between the seed and series A stages and targets new and rising fund managers operating in Africa or the Middle East, with a…

Greenhouse Accelerator

MENA-focused PepsiCo Greenhouse Accelerator is now accepting applications.

The PepsiCo Greenhouse Accelerator: MENA Sustainability edition is now accepting applications with the goal of partnering with entrepreneurs with a mission to develop novel and ground-breaking agricultural solutions. Six firms and entrepreneurs with ground-breaking sustainability agriculture technologies will be chosen to participate in the 2023 PepsiCo Greenhouse Accelerator: MENA Sustainability edition program. At the closing…

Entrepreneur Awards

Apply for the 3rd Egypt’s Entrepreneur Awards

The third Egypt’s Entrepreneur Awards (EEA), which will honor, recognize, and connect Egypt’s most creative, prosperous, and resilient businesspeople, is now accepting applications. The EEA is the first forum in Egypt to honor budding entrepreneurs and established, prosperous companies equally. It will give these business owners a platform, give them leverage, and help them advance…

alGROWithm

Kenya and Nigeria Businesses can now apply for the alGROWithm Growth Talent Accelerator.

With its Growth Talent Accelerator Programme (GTAP) 2023 designed to upskill key startup team members into knowledgeable Growth Engineers for their firms, alGROWithm, a Nigerian-based growth talent accelerator, has opened applications to entrepreneurs from Nigeria and Kenya. Since its launch in 2019, alGROWithm has collaborated with tech companies, venture capital firms, and ecosystem builders to…

Green Changemakers Challenge

Green Changemakers Challenge invites entrepreneurs from Africa to submit applications.

African companies have been invited to submit applications for the third Green Changemakers Challenge, a global innovation contest looking for products that give people the skills and mentality to help create a sustainable and just world. The Green Changemakers Challenge, which is being run by Ashoka in partnership with HSBC, will fund initiatives that assist…

Samsung Galaxy A54 5G

The Samsung Galaxy A54 5G and Galaxy A34 5G: Awesome Experiences for All

Samsung Electronics has unveiled the Galaxy A54 5G and Galaxy A34 5G, two innovative smartphones that advance Samsung Galaxy’s commitment to designing awesome mobile experiences. These new additions to the popular Galaxy A series will help users shoot steady and crisp videos, see clearly even in bright conditions, and do more of the things they…

Zindi
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Zindi Attracts 1000 African Students to Create AI Models for Climate Change

UmojaHack Africa 2023, a 2-day event for data scientists that aims to solve Africa’s toughest challenges through machine learning, was hosted by Zindi, the network for data scientists, on March 18–19, 2023. It brought together over 1000 students from 345 universities in 36 countries to create machine learning models for climate change. With over 1000…

Africa Women Innovation

Application is now Open for the Africa Women Innovation and Entrepreneurship Forum

The annual conference and awards are now accepting registration, according to the Africa Women Innovation and Entrepreneurship Forum (AWIEF). The AWIEF event, now in its ninth year, will take place on November 9 and 10, 2023, at the Kigali Convention Centre (KCC) in Kigali, Rwanda. More than 1,300 entrepreneurs and startups, industry experts, thought leaders,…

L-r: President, NIRA, Muhammed Rudman, and the Executive Chairman of the EFCC, Abdulrasheed Bawa, during the agreement signing ceremony in Abuja.

NiRA Signs MoU with EFCC to Train Personnel on Cyber Security

The Nigerian Internet Registration Association (NIRA), the registry for .ng Internet Domain Names, responsible for and maintainings the database of names registered in the .ng country code Top Level Domain, has signed a Memorandum of Understanding (MoU) with the Economic and Financial Crimes Commission (EFCC), to provideon cyber security trainings for the personnel of the…

SID

SID: Anambra Partners Microsoft and Wootlab, to Train 20,000 Youths on Digital Skills

Governor of Anambra State, Prof. Chukwuma Charles Soludo, has launched the Solution Innovation District, (SID); the innovation and business incubation program of the State, starting with the Anambra Digital Tribe Program. The SID is set up to drive overall innovation in the State including deep technology, creative talents, startups, business innovations etc. The function which was…

Fintech

Fintech is a path to democratised financial services

Fintech has played a significant role in democratising access to financial services across Africa in the past decade. Improved access includes the usability and quality of these services, with most fintech solutions targeting the underserved population, including the youth, women, low-income earners, rural communities, and SMMEs. These groups have faced many barriers to accessing banking,…

Greenovations Africa

Application is now Open for Greenovations Africa Programme

Applications for the Greenovations Africa initiative, which provides access to mentoring and investment opportunities, are requested from African firms with creative ideas that address current difficulties in any green sector. Entrepreneurs in the fields of smart agriculture, renewable energy, waste management, water management, and climate action can submit an application to get specialized assistance, mentoring,…

Amazon Web Services

Amazon Web Services (AWS) opens applications for its inaugural FinTech Africa Accelerator.

Amazon Web Services (AWS), the cloud computing division for the world’s largest e-commerce retailer, Amazon, continues to strengthen its footprint in Africa with a call-for-applications from early-stage startups to join their inaugural edition of the AWS FinTech Africa Accelerator.  This program is hosted by AWS’ globally-recognized Startup Loft Accelerator, but unlike other cohorts, this edition…

African Impact Challenge

African Impact Challenge is now accepting applications.

Applications are now available for the African Impact Challenge, which supports participants in developing market-creating ideas that utilize technology to address the greatest challenges facing the continent. The African Impact Challenge is expanding to South Africa this year and introducing a pan-African health-focused stream, after a pilot in Ghana in 2020, a challenge in Kenya…

ShEquity

The 4th edition of ShEquity’s female-focused accelerator program is now accepting applications.

Applications for the fourth iteration of the ShEquity Business Accelerator have been opened by African investment firm ShEquity Partners, which focuses on women (SHEBA). ShEquity is an investment company that makes wise investments in Sub-Saharan African companies run and managed by women that are innovative, effective, and scalable. Through de-risking African female-led businesses, making them…

Saadi Kermani, VP, Cloud Platform and Digital Business, AVEVA
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AVEVA Commits to Subscription Transition to Foster Flexible Industrial Innovation

 Customers can trade-in perpetual licenses for subscription access to AVEVA’s entire portfolio   Benefits include lower upfront costs, faster ROI, improved scalability, and greater business agility  By 2025, the global leader in industrial software aims to transition 80 percent of customer licenses to a subscription business model AVEVA, a world leader in industrial software, has announced…

WAEC

As WAEC Prepares to Launch its Revolutionary Platform, EduStat

The prestigious examination body in Africa, the West African Examinations Council (WAEC), is on the verge of an epoch-making event. With over 40 million tested candidates in the last 71 years of its operations, WAEC in partnership with Sidmach Technologies, an ICT firm that develops and deploys software solutions at scale to solve high-impact business…

IBM Sustainability Accelerator

Application is now Open for the Next Cohort of the IBM Sustainability Accelerator to Accelerate Global Water Management Solutions

The second cohort of the IBM Sustainability Accelerator, which will concentrate on water management solutions, is now taking submissions, according to a statement from IBM. This program uses IBM technologies, including hybrid cloud and artificial intelligence, as well as a network of specialists to improve and scale initiatives aimed at protecting vulnerable populations from environmental…

Peter Oluka TechEconomy

Nigeria – a Nation in Need of Accurate Education Statistics

Education data typically involves data compiled from schools on graduation rates, drop-out rates, test score averages, and the most vital – external examination performances. Often, education data is used to measure the success of a State, Region, Institutions or Individuals and benchmark them against others to improve your own work, products, or processes. Nowadays, most…

Hyperspace Technologies
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Hyperspace Technologies Launches Keymaster VAULT: A Low-Cost, NFC- Based Hardware Wallet for the African Market

Hyperspace Technologies (https://hyperspace.ng), a Lagos-based Web3 startup specializing in next-level smart security infrastructure and key management systems, today announced the launch of its groundbreaking product, the Keymaster VAULT (https://keymaster.ng). Designed to cater to the African market, Keymaster VAULT is a secure, NFC-based hardware wallet that stores private keys offline, offering an affordable and user-friendly alternative to expensive and…

Green Entrepreneurship Awards

Application is now Open for The Green Entrepreneurship Awards 2023

The Adelphi green entrepreneurship team is currently accepting applications for the 2023 Green Entrepreneurship Awards. The Awards will provide assistance to eco-inclusive and circular firms to scale their company expansion while also improving local communities’ capacity to adapt to the effects of a changing environment. The Circular Economy Awards by Circular Economy Catalyst are focused…

Connected Banking Summit
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7th Edition Connected Banking Summit East Africa – Innovation & Excellence Awards 2023 Concludes with Resounding Success

The Summit brought together the best and brightest minds in the banking, financial services, fintechs and techfin sectors. The event, which took place on 7th March 2023, featured insightful speakers, award-winning companies, and top-notch sponsors. Attendees were treated to a range of informative sessions, covering topics such as digital transformation, cybersecurity, and risk management. The keynote…

672 Million Fund

The Nigerian Government Announces a $672 Million Fund for Tech and Creative Entrepreneurs

To encourage entrepreneurship and the development of jobs in Africa’s largest economy, the Nigerian government has established a $672 million fund that is specifically aimed at young businesspeople in the technology and creative sectors. Vice President Yemi Osinbajo introduced the Investing in Digital and Creative Enterprises Programme (I-DICE) initiative on Tuesday, March 14, 2023. It…