In line with its commitment to inspire developers to “build the future of Africa on Web3”, Mara, the Pan-African blockchain platform, is announcing the launch of the “Hack The Mara” competition which will take place from 17th-26th of September 2022. The aim of the Mara Hackathon is to engage participants to create decentralised applications that…
The first Kofi Annan Award for Innovation in Africa has been given to three entrepreneurs from Kenya, Nigeria, and Zimbabwe. Each will get a grant of EUR250,000 (US$250,000), international exposure, and long-term mentoring. The Kofi Annan Award seeks to assist in achieving UN Sustainable Development Goal 3: “Good Health and Wellbeing” with its emphasis on…
Cairo, 18 July 2022 – African Export-Import Bank (Afreximbank) has announced a grant to Grand Africa Initiative (GAIN) to train two hundred young African entrepreneurs on entrepreneurship and intra-African trade over a three-month period starting July 2022. The GAIN-Afreximbank Masterclass on Entrepreneurship and Intra-African Trade is a three-month programme designed to equip participants from across…
Essie Mokgonyana has been appointed by SAS as the brand’s country manager and sales director for South Africa. This hiring is in keeping with SAS’s goal to invest in expanding the business in South Africa, which is motivated by the demand for advanced analytics, artificial intelligence, and cloud-based solutions. Essie Mokgonyana has more than 15…
DigsConnect, a South African digital student housing platform, has closed a pre-Series A round of funding to drive its global expansion with a focus on assisting African students in the UK and US acquire more reasonably priced, practical, and secure housing. The DigsConnect website, developed by Alexandria Procter and Greg Ramsay-Keal, enables landlords, estate agents,…
Technology for Social Change and Development Initiative (Tech4Dev) in Lagos, Nigeria, has announced that a total of 24 South African women have been accepted for the Women Techsters Fellowship class of 2023. The Women Techsters program seeks to narrow the gender gap in digital and technological literacy and to ensure that everyone has equal access…
In an email received earlier today, the fintech startup Flutterwave announced that starting on Sunday, July 17, 2022, customers of Barter Card, a virtual dollar card service, will no longer be able to use it. According to the message, the service was terminated “due to an update from our card partner, which will result in…
Applications for the most recent iteration of the GrowUp Incubator Program, which seeks social business solutions for sustainable tourism and mobility in East Africa, are now being accepted by the Yunus Environment Hub (YEH). The Nobel Peace Prize winner Prof. Muhammad Yunus co-founded and serves as the executive director of YEH, a global social enterprise…
Capacity building is the improvement of an individual’s or organization’s facility to produce, perform or deploy. According to the United Nation, Capacity building is the process of developing and strengthening the skills, instincts, abilities processes, and resources that organization and communities need to survive, adapt and thrive in a fast-changing world. Skill development and training are needed…
Multichoice has introduced a brand-new training program to transform the African TV industry, elevating professional competencies and raising the standard of content for viewers throughout the continent. MultiChoice, local television stations in several African countries, and the MultiChoice Talent Factory, the company’s industry-development and training program, will work together on the effort. Fhulufhelo Badugela, CEO…
Aceplora, an Edutech company in Nigeria, has reaffirmed its commitment to providing training to help children and young adults be adequately prepared to benefit from the abundance of job opportunities in the global tech space as part of efforts to increase information technology knowledge in the nation’s ICT ecosystem. Aceplora will offer instruction in a…
MOMBASA, Kenya, July 14th 2022…Moringa is excited to have TechBridge Invest onboard as a partner to facilitate training of students outside Nairobi. This partnership will see students from Mombasa join the 20 week Software Engineering course offered by Moringa as part of the tech institution’s mission to build talent and opportunities through tech based learning….
Zazuu, an Africa-focused fintech startup, has raised $2 million, which will be crucial in the company’s mission to reduce the inconsistency associated with remittance transactions for Africans. Zazuu is building a non-biased payment platform for cross-border payment solutions for Africans in the diaspora. Launch Africa, Founders Factory Africa, Hoaq Club, Tinie Tempah, Jason Njoku, CEO…
A new service from innovative company SendSprint Technology Solutions, which connects members of the African Diaspora to family back home by facilitating quick, easy, and hassle-free international transfers, has been launched in the UK. The African Diaspora is estimated to make up 1.7 million people in the UK. Damisi Busari, a former Flutterwave strategy lead,…
An deal to purchase Urbvan, a mobility platform that offers tech-enabled mobility services in Mexico, has been made public by Swvl Holdings Corp, a global mobility as a service provider. The startup from Egypt will use this acquisition to expand into Mexico, the second most populous nation in Latin America. One of the rare instances…
In order to reshape Africa by producing three million entrepreneurial leaders by 2035, African Leadership International (ALI) has agreed to acquire Holberton Inc., a Silicon Valley-based project-based college alternative that trains the next wave of software engineers. The acquisition will give ALI ownership of the program for advanced technology, enabling ALI to give international businesses…
Internet Technologies Angola (ITA), a supplier of telecommunications services in Angola, has changed its name to Paratus Angola, placing it under the parent firm Paratus Group’s larger network. The rebranding, according to a statement from the company, aims to align ITA’s brand identity with that of the larger Paratus Group in order to support its…
AfyaRekod, a Kenya-based health technology business, has unveiled the world’s first completely automated universal patient portal, which was created using blockchain technology. This portal will revolutionize patient care in Africa and around the globe. Patients and the medical staff caring for them would have real-time access to their health data and medical history through a…
A retail pharmacy in Nigeria called Med-Direct Africa has introduced its e-Pharmacy services in an effort to lower the cost of high-quality medications there while providing quick nationwide delivery. The website would make it possible for Nigerians from all socioeconomic backgrounds to purchase reliable medications online and have them delivered quickly to their preferred location….
A South African venture capital firm called Futuregrowth has announced intentions to launch the Futuregrowth High Growth Development Equity Fund (HGDEF), which will concentrate on funding firms with a significant positive impact on development. Futuregrowth is a leading developmental investor and South Africa’s eighth-largest asset management organization with more than 50 fund products, more than…
For an unknown sum, South African data analytics, consulting, and software platform Principa is being purchased by Mauritius-based technology investment holding company Hyperclear from Apex Partners Holdings. In order to finance its acquisition plans, which are concentrated on businesses with Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) of up to R250 million, Hyperclear recently…
Elon Musk, the CEO of Tesla and the richest man in the world, announced on Friday that he was canceling his $44 billion bid to acquire Twitter because the social media business had broken numerous merger agreement clauses. Bret Taylor, the chairman of Twitter, said on the microblogging site that the board intended to file…
LAGOS, 11 July 2022 — Response Architects, operators of ShopEX, has teamed up with Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, under an exclusive agreement to launch an African livestream shopping platform, Penda, in major markets including Nigeria, Ghana and Kenya. Leveraging on the successful launch of ShopEX’s teleshopping model, Penda…
The race to roll out e-cash on the continent has heated up with Ghana becoming the latest African nation to start evaluating the sustainability of its central bank-backed digital currency, the eCedi. After Nigeria introduced the eNaira in October 2021, only South Africa and Ghana remain in the pilot stage of the process. A contactless…
The second Afri-Plastics Challenge, which promotes eco-friendly ways to lessen our reliance on plastic trash, has announced its ten finalists. Thanks to financing from the Government of Canada, the Afri-Plastics Challenge, run by London-based innovation specialists Challenge Works, is combating the epidemic of plastic pollution in Sub-Saharan Africa. Each finalist will receive GBP75,000 (US$90,000) to…
Kenya Power, a government-owned provider of energy, announced in March that it would begin offering fixed internet. As of the right moment, it has declared that its service would debut in June 2023. Business Daily reports that over the past few months, the state-owned electricity business has conducted pilot tests by offering the services to…
Every screen is going digital! This was demonstrated at the Eskimi CMO Masterclass on Wednesday, July 6, 2022 in Lagos (Nigeria); speakers, panelists, and participants unanimously agreed that brands in Nigeria must focus on the right Key Performance Indicators (KPIs) while embracing programmatic solutions to achieve their marketing goals. Eskimi is Nigeria’s largest programmatic platform;…
Binance, the world’s leading blockchain ecosystem and cryptocurrency infrastructure provider, is commemorating its fifth anniversary by waiving trading fees across a wide range of bitcoin spot trading pairs. From July 8, users will be able to trade fee-free on thirteen stablecoins and fiat combinations, including BTC/USDT, BTC/BUSD, BTC/USDC, BTC/EUR, BTC/TRY, and more, according to a…
Over the past few years, African countries have made great progress in improving traditional education outcomes. Today, the report has it that educational enrollment has reached 80%, and in most countries of the continent, basic education is free and guaranteed by the government. Albeit this development, modern-day incidents has reintroduced existing insubstantialities in Africa’s educational…
Grand Africa Initiative-GAIN and the Development Bank of Nigeria Plc (DBN) have announced a collaboration to train two hundred young Nigerian Women in an entrepreneurship course titled “GAIN Entrepreneurship Masterclass for Women (Nigeria)”, starting in July 2022. The course is designed to equip selected young women entrepreneurs from across the country with entrepreneurial knowledge and skills…