Meta Pay is rumored to be a cryptocurrency-friendly payment platform from Meta. The parent company of social media behemoths Facebook and Instagram has submitted five patent applications with the US Patent and Trademark Office (USPTO). Meta is looking for licenses to operate as a “online social networking service for investors that allows financial trades and…
The ICT Authority (ICTA) and Kodris Africa, an online publishing company, have agreed to establish a coding curriculum in a few Kenyan schools. This comes after the Kenya Institute of Curriculum Development approved the country’s coding curriculum as a way to improve kids’ digital literacy. The Kenyan government has provided 1.2 million computers to students…
The 5G rollout in Nigeria will be overseen by MTN Nigeria in conjunction with Mafab Communications. According to the Nigeria Communication Commission’s release, the exercise will begin in August 2022. When releasing license letters to the two businesses that won the 5G Spectrum Licences auction, the NCC made this declaration. Spectrum distribution: After Airtel withdrew…
The Africa Finance Corporation (AFC) has established a US$2 billion facility to promote bank-driven economic recovery in Africa and the resilience of African economies in the face of global crises such as the COVID-19 pandemic and, more recently, the Russia-Ukraine conflict. The AFC will fund up to half of the facility and raise the balance…
Africa lags behind all other continents in terms of economic development. Some may believe that African countries lack resources, however, this is not true. Although African countries have the necessary resources, there are several other issues impeding economic progress, which we will explore below: Inadequate Educational System In Africa, the level and quality of education,…
According to a statement made by the two private investment firms on Wednesday, Interswitch has received $110 million in a combined investment from LeapFrog investments and Tiana Africa Capital. The digital payment firm is Africa’s second unicorn, and its current funding will help it expand its digital payment services across the continent. Interswitch, which was…
Elon Musk revealed on Friday that the Twitter transaction is currently on hold due to the quantity of spam and fraudulent accounts on the platform. The latest development comes just over a week after Musk said last month that he would buy the microblogging site for $44 billion. As a result of his acquisition, Musk…
For aspiring and professional developers in Africa, Google has announced 30,000 Android and Google Cloud training scholarships. The goal of the program is to boost the number of developers on the continent. “Software development opportunities in Africa are at an all-time high. For over ten years, Google has supported African developers through community and training…
Sendy, a logistics startup based in Nairobi, has been selected one of the World Economic Forum’s “Technology Pioneers” for 2022. The World Economic Forum has identified the 100 most promising Technology Pioneers of 2022, companies that are addressing issues such as sustainability, climate change, healthcare, and other areas. These are early-stage to growth-stage enterprises from…
Adeola Ajayi, the savings manager at Nomba, speaks in this interview on recent developments in the financial sector and shares his experience leading one of the largest fintech companies in the country. Adeola Ajayi is an emerging leader in Nigeria’s fintech sector. He has won a number of accolades, including the coveted Migration Entrepreneurship Prize…
“As a product designer, you’re bound to hit creative roadblocks and face executive hurdles, turning what should be an exciting process into a daunting challenge that stalls your design potential.” – Precious Nnamani Today, we spotlight Precious Nnamani’s journey from a budding designer to a seasoned professional who has successfully navigated the complexities of the…
On May 4, 2022, Kidato Inc. CEO/Founder Sam Gichuru announced on Twitter that they are collaborating with Nailab on a kidatoschool children’s campus in Lavington, Kabarsiran Avenue. The campus will house the office and provide room for bi-weekly physical and social activities. “For their experiments, our tiny scientists now have chemistry, biology, and physics labs.”…
The American Society of Mechanical Engineers (ASME) is now taking submissions for the first round of its Idea Lab incubator, a new program that expands the scope of the ASME Innovation Showcase (ISHOW) hardware accelerator platform. ASME, a not-for-profit professional organization founded in 1880, facilitates collaboration, knowledge sharing, and skill development across all engineering disciplines…
Orodata Science sets another significant milestone with the launch of its vaccine tracker, “Orodata Covid19 Vaccine Tracker” driven towards achieving equitable economic recovery by improving access to data. COVID-19 precipitated a global economic crisis, and even as wealthier nations are bouncing back, it is creating a great divergence between them and the rest of the world….
Liquid Home Zimbabwe is the new brand identity of ZOL, Zimbabwe’s premier Internet Service Provider. This redesign symbolizes the natural growth of the well-loved house brand and its much-awaited integration with the parent brand – Liquid Intelligent Technologies , a subsidiary of Cassava Technologies. As part of the rebrand, Liquid Home Zimbabwe will ensure that…
The FT x Cardano Blockchain Challenge is looking for companies who are working on Cardano or are interested in using the Cardano blockchain technology and ecosystem, and will provide selected companies with access to a bootcamp and accelerator program. The FT x Cardano Blockchain Challenge is a collaboration between Cardano’s Project Catalyst, a community and…
Ecobank Commercial Banking has launched the Ellevate Leadership Training Program in collaboration with the Global Business School Network (GBSN). The program is part of ‘Ellevate Equip,’ the brand name for all capability and training support initiatives for Ellevate by Ecobank, the bank’s gender financing program. Ellevate is a multi-award-winning solution for women-owned and managed businesses,…
On International Girls in Information and Communication Technology (ICT) Day, the African Development Bank’s Coding for Employment program announced that half of its initial training seats will be reserved for women candidates. The Coding for Employment program, which provides African youth with the digital skills they need to participate effectively to the global digital economy,…
As the billionaire entrepreneur tries to expand Twitter Inc’s reach from “niche” to most Americans, Elon Musk said on Tuesday that casual users will always be free, but commercial and government users may be charged a small fee. “Twitter will always be free for casual users,” Musk wrote in a tweet, “but there may be…
Seven entrepreneurs have graduated from the newest Founder Institute Ghana program, which culminated in a virtual graduation ceremony with a pitch to mentors, investors, business leaders, and former graduates from around the world. The Founder Institute, which is based in Palo Alto, California, and was founded in 2009 by Adeo Ressi and Jonathan Greechan, connects…
Startups with creative solutions that assist tackle the ocean’s overexploitation, pollution, or climate change concerns are encouraged to apply for the OceanHub Africa accelerator program’s third cohort. OceanHub Africa, based in Cape Town, has supported 16 African ocean-focused startups in various sectors of the Blue Economy, including aquaculture, fisheries, shipbuilding, marine renewables and biotechnologies, coastal…
The Power Learn Project, an African impact organization, has launched its flagship program One Million Developers for Africa” Scholarship Program (#1MillionDevs4Africa) to teach and empower one million young people with ICT employable skills. Africa is grappling with a massive digital skills gap, which is stifling economic growth and development. According to a report by the…
The African Development Bank’s Africa Digital Financial Inclusion Facility (ADFI) will receive $15 million from The Women Entrepreneurs Finance Initiative (We-Fi) to develop and extend digital financial solutions to women-owned small and medium businesses in Cameroon, Egypt, Kenya, Mozambique, and Nigeria. This $54.8 million fourth round of funding will help over 69,000 women entrepreneurs in…
KenGen, a Kenyan power generation company, has finished drilling seven geothermal wells in Ethiopia, four of which are at the Aluto-Langano site and three at Tule Moye. According to Business Daily, KenGen won a Sh7.6 billion ($65.6 million) joint contract with Kerui Petroleum Equipment Company and Shandong Kerui Oilfield Service Group in February 2019 to…
Elizabeth Rogo, President (East Africa), African Energy Chamber, has been appointed to the National Oil Corporation of Kenya’s board of directors. Elizabeth is a professional engineer with more than 21 years of experience in the energy industry. She is expected to lead the National Oil Corporation of Kenya’s efforts to improve oil and gas exploration,…
The nine startups chosen for the Fintech Incubation Programme have been announced by Nigeria’s technology innovation center Co-creation Hub (CcHUB), in collaboration with Google, the Ministry of ICT and Innovation Rwanda, and the Mojaloop Foundation. The Fintech Innovation Project, which includes the Fintech Incubation Program and other development initiatives, is part of Rwanda’s ongoing efforts…
Insecta Studios, a creative company based in Nigeria that uses storytelling and design to connect brands and people, has launched Raknida, a platform aimed at providing high-quality and affordable wall arts that inspire people, promote overall well-being, support the economic advancement of young African artists, and fuse art and tech experiences that open up unique…
The Central African Republic, a landlocked country roughly in the middle of Africa, has become the first African government to recognize Bitcoin as legal cash. The Central African Republic’s Ministry of Finance and Budget, as well as the Ministry of Digital Economy, Postal Services, and Telecommunications, have presented a joint document that recognizes Bitcoin as…
Unicorn Group, an investment firm, has launched its fourth entrepreneur incubation program, which is open to startups from a variety of countries for the first time. Unicorn Group is a pan-African investment firm that seeks out innovative ideas, startups, and early-stage companies in Africa’s technology and technology-enabled sectors that have the potential to become unicorns….
Trace and the Mastercard Foundation have collaborated to launch Trace Academia, a free, interactive, mobile-based learning application designed to help 26 million young Africans gain market-relevant skills. The Trace Academia App is available on Android and iOS and has been tested successfully in four African countries. Users can access courses in either English or French,…