A second landing of the 2Africa subsea cable is anticipated in Port Said in the Mediterranean Sea at a later time. As members of the 2Africa consortium, Meta and Telecom Egypt announce the first landing of the 2Africa subsea cable in Egypt in Ras Ghareb in the Red Sea. The cable will be stretched to…
Autochek Financial Services has been launched, a new division of the company that will focus on offering a variety of vehicle financing solutions for individuals and businesses all over the continent. Autochek is an automotive technology company that is making car ownership more accessible and affordable throughout Africa. The Marketplace platform, which collaborates with automakers…
Heifer International’s empowerment for young innovators and smallholder farmers in Nigeria under the agritech initiative AYuTe Africa Challenge started in August 2022 with over 600 entries. The challenge will be coming to an end with three finalists competing for the grand prize on November 30th at Eko Hotel & Suites, Victoria Island, Lagos. The AYuTe…
Startups from Africa that use innovation to address urgent challenges are encouraged to apply for the TechBridge accelerator program, which offers US$200,000 in investment and other support. In order to support startup growth, TechBridge promotes itself as a community of startups, knowledge partners, and investors. It has so far invested in various early-stage tech businesses…
Zoho, a software company, providing solutions for various segments of products clients, has said that its flagship product, the Zoho CRM, is an essential product for businesses that are desirous of recording huge sales, scaling, and optimizing their business processes. Mr. Kehinde Ogundare, Country Manager, Zoho Technologies Limited disclosed this last Wednesday while making a…
The internet super highway isn’t a one-way street. While everyone’s focus is usually on their download speed, there are countless reasons why influencers, content creators, and gamers shouldn’t treat upload speeds as an afterthought. “A recent Vuma 2021 Core End-User Research Study revealed that only 17% of respondents upgraded their fibre internet speed because they have large upload requirements….
The Central Bank of Nigeria (CBN) governor, Godwin Emefiele has issued a statement concerning the institution’s policy to introduce redesigned naira notes by the 15th of December 2022. This he said is as a result of continuous rise in the inability of banks to control the circulation of Nigeria’s naira notes, which poses as incompetence on the…
Critical stakeholders that attended this year’s Nigerian Peering and Interconnection Forum (ngPIF) have highlighted some insights and practical knowledge, which they believe will advance the economics of network interconnectivity in Nigeria. Conversations at the 2-day event, held on October 25th – 26th and which saw an attendance pool of over 400 infrastructure providers, connectivity stakeholders, content providers,…
The recent partnership between the National Senior Secondary School Education Commission (NSSEC) with one of Africa’s Leading EdTech Not for Profit; Coderina Education and Technology Foundation, is set to unlock Nigeria’s human capital development by enabling teachers to prepare students for the Fourth Industrial revolution (4IR). This partnership is a huge step toward fulfilling the…
ESET received much accolades from guests and honourees at the Africa Tech Alliance Forum (AfriTECH 2.0) Awards as the company was conferred with CyberSecurity Company of the Year Award. The awards ceremony was part of activities lined up for AfriTECH 2.0 held in Lagos – Nigeria, on November 09, 2022 2 under the theme: ‘Sustainability and…
The Africa Tech Alliance Forum (AfriTECH) has conferred special honours on Professor Isa Ibrahim Ali (Pantami), Nigeria’s Minister of Communications and Digital Economy, Professor Umar Garba Danbatta, the Executive Vice Chairman, Nigerian Communications Commission (NCC). Other special honourees at the award ceremony held during AfriTECH 2.0 are; Kashifu Inuwa Abdullahi, Director General, National Information Technology…
The sixth edition of Africa IT Summit London (ATS), which takes place on November 24 at the London Stock Exchange, will bring together African tech leaders, corporations, and investors. Leading industry figures from the annual Summit will share their perspectives, including those from the London Stock Exchange, DLA Piper, Alerzo, Deimos, Niji Oni & Co.,…
Immediate past Chief Executive Officer, CWG PLC, and Founder, Ixzdorelabs, an innovation hub and consultancy focused company, Mr. James Agada, has listed some factors that could lead to the premature death of a Startup. Agada, who spoke to the theme: Sustainability and the company of the future, at Africa Tech Alliance Forum (AfriTECH 2.0) held in…
The second iteration of the Startup Wise Guys accelerator, which provides selected B2B SaaS firms with access to EUR65,000 (US$67,000) in funding and a rigorous five-month mentorship program, has chosen nine startups to participate. Startup Wise Guys, an organization that was founded in Tallinn, Estonia in 2012, also oversees cybersecurity programs out of Cosenza and…
The GSMA Innovation Fund for Climate Resilience and Adaptation, which aims to speed up the testing, adoption, and scalability of digital innovations that enable the world’s most vulnerable populations to adapt to, anticipate, and absorb the negative impacts of climate change, has announced the recipients of grants, including eight African startups. The GSMA Innovation Fund…
Credit cards are hard to come by in Egypt. Only 4.8 million credit cards, or less than 5% of Egypt’s 104 million people, are available to be used to service that population, according to the Central Bank of Egypt. Due to wage reductions, an increase in unemployment and underemployment, and a general slowdown in the…
Following yesterday’s declaration by President William Ruto that the government is working on a plan to produce mobile phones that will cost less than Ksh. 5,000 in the next year, Kenya will begin manufacturing affordable smartphones. The president was speaking in Nairobi at the annual general meeting of the Kenya National Chamber of Commerce and…
Spotify has started an initiative that it claims would encourage “solution-driven” conversation about the issues the African music business is facing. The session, dubbed Spotify Talks Africa, will include experts chosen from across the industry, according to the streamer. It is thought that the effort would involve artists, producers, artist management, and staff members from…
Applications for the 2023 cohort of the Anzisha Prize, a renowned venture-building program that supports young African entrepreneurs between the ages of 15 and 22, are now available. African entrepreneurs under the age of 22 who are starting enterprises and giving their peers job opportunities are urged to apply. Following that, 30 fellows will be…
The Katapult Africa Accelerator Programme, which gives entrepreneurs access to US$150,000 in investment and other support, has chosen nine startups from across the continent. A number of African entrepreneurs have received funding from the Norwegian-based Katapult Accelerator, which has also spun out projects including Katapult Ocean and a program devoted to addressing climate change. The…
Leading international edtech startup Snapplify is making significant investments in West Africa as part of its commitment to expanding access to digital education. Hundreds of educational institutions in the area have already registered with the company since its 2012 establishment in South Africa. Wesley Lynch, CEO of Snapplify, stated that “schools and tertiary institutions are…
Orodata Science is proud to announce the call for applications for the third cohort of the African Data Hub (ADH) community journalism fellowship. This new call is designed differently from the others as it seeks reporters focused on documenting and reporting on the health challenges emanating from the flood devastation of several parts of Nigeria…
WafR, a Moroccan fintech startup, has raised $120,000 in funding from First Circle Capital, bringing the company’s post-funding valuation to more than $10 million. This is the startup’s fourth round of funding in 2022, with a total of $1.22 million raised. First Circle Capital, a venture capital fund that invests in Africa’s next generation of…
The Africa Tech Alliance Forum (AfriTECH 2.0) is set to hold on November 09, 2022 on a theme that encompasses the current technology trends in our world today — ‘Sustainability and The Company of the Future’. Some topics which would be critically analyzed by experts so as to point us in the right direction to attain a resilient…
Jack Dorsey, the founder and former CEO of Twitter, has launched a new social media app called Bluesky. Bluesky is an open standard designed to decentralize social network protocol, allowing multiple social networks, each with its own curation and moderation systems, to interact with one another. It should be noted that each social network that…
According to a recent Wall Street Journal story, Meta, the parent corporation that owns Facebook, WhatsApp, and Instagram, is anticipated to begin major layoffs as soon as this week. Although the precise number of the approximately 87,000 people at Meta who will lose their employment is unknown, the current report states that it will be…
A significant upgrade to Telegram has just been released, adding new functionality in addition to enhancements. It includes collectible usernames that can be secured by blockchain, added in big groups, and traded or exchanged online. A premium subscription is required for Voice-to-Text for video messages, which essentially transforms any video message into text. On both…
The Nigeria Innovation Summit 2022 with the theme: Re-imaging Innovation, organized by InnovationHub Africa, and held on October 4-8, 2022 was successfully concluded with the participation of delegates and stakeholders across the globe, who participated in the event. The Summit in its 7th year is an annual event that brings together stakeholders from different sectors…
As part of its aim for global expansion, UAE-based X-ERA for tech-services and logistics has purchased Egypt’s B2B marketplace SPEED. The acquisition’s price is still a secret. SPEED International for Distribution & Logistics is an affiliate of SPEED. The acquisition represents a critical turning point in the digital revolution, which intends to use digital platforms…
What are the most funded companies in Africa? is one of the most often asked topics at Digest Africa. We need to comprehend the popularity of this query before delving into the most financed startups. To begin with, startups are businesses designed for rapid expansion. They also seek money from investors who receive shares in…