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…
Nigeria’s Minister of Communications and Digital Economy, Professor Isa Ali Ibrahim (Pantami) is set to lead stakeholders in the country’s software industry to the first Software Testing Conference tagged ‘TestNigeria Conference 1.0’, organized by Nigeria Software Testing Qualification Board (NGSTQB). Since assumption of office in August of 2019, Professor Pantami’s aggressive initiatives and reforms towards…
Pando DAO, Africa’s first decentralized autonomous organization for tech innovators, has begun operations and has been named the Silicon Zanzibar initiative’s official community partner. Top African internet entrepreneurs have formed the decentralized Pando DAO community, which has operations in over 15 different African nations. Its goal is to strengthen ties among members of the African…
In an effort to reduce costs after his $44 billion acquisition, Elon Musk plans to cut nearly 3,700 workers at Twitter, or half of the social media company’s employment, according to sources with knowledge of the situation. According to the people, who asked for anonymity to discuss private arrangements, Twitter’s new owner intends to inform…
A $30 million fund has been closed by Satgana, a European venture capital (VC) company with its headquarters in Luxembourg, to support entrepreneurs that address climate change issues in Africa. The fund will accomplish this by investing up to €500K in entrepreneurs in Europe and Africa throughout their pre-seed and seed stages. Along with providing…
Elon Musk, a billionaire and the new president of Twitter, has announced a reduction in the monthly charge for Twitter verification from $20 to $8. On Tuesday, Musk revealed this in a string of tweets. The billionaire promoted the advantages of having a paid verified handle, including priority in answers, mentions, and search, which he…
Dr. Obadare Peter Adewale, the Co-Founder and the Chief Visionary officer (CVO) of Digital Encode Limited, has emerged the first recipient of Cyber Security Experts Association of Nigeria (CSEAN’s) ‘Outstanding Individual of the Year Award’. Peter is arguably the most “Credentialed” PAN-African CyberSecurity Influencer, Thought Leader & GRC Technopreneur. He received the latest honours at CSEAN Merit Award held recently…
The first office of Amazon Web Services, Inc. (AWS), a division of Amazon.com, Inc., has officially opened in Lagos, Nigeria. The opening of the new office in Lagos is part of AWS’s effort to serve the country’s expanding customer and partner base. The office will provide assistance to businesses of all sizes, including small businesses,…
Organisations around the world are on high alert for rapid and effective ways to boost their sustainability through cutting their carbon emissions – but are they missing the obvious? Notoriously energy hungry data centres are an issue that every enterprise can tackle. Using edge computing to move the processing of data closer to where it’s…
Uber, Bolt, Little Cab, and Yego Mobility are the only transport network companies with licenses to operate in Kenya after fully meeting all licensing standards, according to the National Transport and Safety Authority. The four businesses have been given permission to function as transport network firms in Kenya, according to a statement from Director General…
The Ecobank Fintech Challenge 2022 winner has been named, according to the Ecobank Group, and is a Nigerian fintech company called Touch and Pay. The announcement was made at the Grand Finale, which was hosted at the Ecobank headquarters in Lomé and presided over by H.E. Cina Lawson, the Republic of Togo’s Minister of Digital…
AVEVA, a global leader in industrial software, driving digital transformation and sustainability, will highlight how digital technologies can support public-private partnerships and unlock innovation to close the implementation gap on climate change at COP27. The United Nations Climate Change Conference 2022 is being held on November 6-18 in Sharm El Sheikh, Egypt. A sponsor of the…
The Catalyst Jobtech Accelerator and the Jobtech Innovation Lab are two new initiatives from the Jobtech Alliance, an ecosystem-building initiative around inclusive jobtech in Africa led by Mercy Corps and BFA Global. These initiatives are intended to support digital platforms that link people to employment opportunities that help them build livelihoods. The Jobtech Alliance, a…
Leading Adtech platform Eskimi will be hosting a virtual conversation themed “Metaverse: Revolutionising advertising in a fast changing digital world” on Friday, 4th November 2022. The webinar will be led by top thought leaders in respective fields who will enlighten the public on the intricacies of the Metaverse and advertising as interests in exploring options…