Mastercard Foundation Creates a $2M fund to Support Social Entrepreneurship

Techtrends Africa is Africa’s leading Tech blog that provides quality tech and innovation stories, trends, industry watch, reviews/analysis, interviews, and insights on emerging technologies and their application across critical sectors.
According to Paula Ingabire, minister of ICT and innovation, nearly 3,000 schools without an internet connection will have it by 2024 thanks to funding from the World Bank and China Exim Bank. Ingabire revealed the information last week while responding to questions on the ICT industry at a plenary session of the Chamber of Deputies….
In order to promote cross-border trading of securities throughout the continent, seven African stock exchanges on Wednesday started an integration experiment in the Ivory Coast. Nigeria, Mauritius, Morocco, South Africa, Kenya, Egypt, and West Africa’s stock markets are all a part of the effort, which is known as the African Exchanges Linkage project. Later on,…
The fintech sector is pioneering the financial inclusion revolution and driving economic growth in Africa. During the second quarter of 2023, African FinTech companies collectively raised $189m in funding with Nigeria dominating the continent’s FinTech ecosystem with a 42% share of deals. Innovative startups now offer solutions to teeming users who readily embrace them. Among…
Nigeria’s Federal Government intends to work with the Korean government to train 200,000 civil officials on the eGovernment program over the next five years in order to accelerate the objective to make Nigeria a paperless government by 2030. The project’s initial phase has already trained 1400 government employees. According to The Guardian Nigeria, the Minister…
Netflix and TikTok suspended most of their services in Russia on Sunday, as the government tightens restrictions on what citizens and media outlets can say about Russia’s conflict in Ukraine. Pulling the plug on online entertainment — and information — is likely to further isolate the country and its people, coming after a growing number…
The maiden edition of the Nigeria Innovation Summit with the Theme: ‘Innovation – A Key Driver of Economic Growth and Sustainable Development’, organized by Emerging Media, concluded successfully with the participation of more than 300 delegates with Diplomats, government representatives, academia, business leaders, entrepreneurs, innovators, students and journalists from within and outside Nigeria in attendance.The…