Joel Nwankwo - (Page 20)

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Joel Nwankwo

Writer, TECHist and Data analyst.

Spotlighting Vaxiglobal after its Triumph at the Kofi Annan Award for Innovation in Africa

Spotlighting Vaxiglobal after its Triumph at the Kofi Annan Award for Innovation in Africa

The Kofi Annan Award for Innovation in Africa has named Zimbabwean immunization Healthtech startup, Vaxiglobal, as one of the winners of the Kofi Annan award. Vaxiglobal uses contactless biometrics to reduce waste of immunization resources, improve data quality with open standards, and enable the expansion of immunization campaigns in African

Liquid Cyber Security Launches Africa’s First Centre Against Cyberattacks

Cassava Technologies

Liquid Cyber Security Launches Africa’s First Centre Against Cyberattacks

South Africa-based cyber security startup, Liquid, has announced the opening of matrix of Cyber Security Fusion centres aimed at managing the ever-growing threat of cyberattacks. Liquid believes that the centres will provide access to threat intelligence and bring together the existing Liquid Cloud Operations and Liquid Network operation centres, ensuring

South African Augmental Technologies Set to Launch its Tracto App for Neurodivergent Kids in the US

South African Augmental Technologies Set to Launch its Tracto App for Neurodivergent Kids in the US

South Africa-founded Healthtech start-up, Augmental Technologies, has announced it is set to launch in the United States. Before creating Tracto, “a digital companion app,” to assist parents of neurodivergent children, Herman Lintvelt and Michael van der Linde spent three years researching their needs. The founders like to think of Tracto

5 African Startups in Y Combinator’s Summer 2022 (YC S22) Batch

5 African Startups in Y Combinator’s Summer 2022 (YC S22) Batch

When Paul Graham launched Y-Combinator in 2005, the firm differentiated itself from other startup accelerator firms due to the value-added service they have been able to provide their clients. Y-Combinator’s business model is to invest in startup companies, even those considered to be high-risk startups, which may not have

South Africa’s E-commerce Startup, Makro, Launches Online Shopping App

South Africa’s E-commerce Startup, Makro, Launches Online Shopping App

The parent business’s long-term digital and e-commerce transformation strategy, Johannesburg Stock Exchange-listed Massmart, has announced the introduction of an online shopping app by South African retailer Makro. Makro claims that the app already has over 120,000 products and will allow users to quickly and affordably purchase items from

MTN Partners MIA Telecoms to Offer Tech Entrepreneurs New Revenue Streams

MTN Partners MIA Telecoms to Offer Tech Entrepreneurs New Revenue Streams

MIA Telecoms has been chosen by MTN Business to serve as its aggregator for the administration of new partners and resellers. Through this tactical alliance, MTN Business will expand its reach and give its new partners a better overall relationship experience. With MTN’s market-leading mobile and connectivity solutions, emerging

South African Logistics Startup, Faithful to Nature Acquires Locally-Made Electric Delivery Cargo Vans

Electric Vehicles

South African Logistics Startup, Faithful to Nature Acquires Locally-Made Electric Delivery Cargo Vans

Two electric cargo vans have been added to Faithful to Nature’s express delivery options in Cape Town as it moves closer to carbon-neutral delivery. Faithful to Nature is an online retailer of natural and sustainable items. In collaboration with Carbon Neutral Express, it claims to be one of the

COSATU Push Back Against MTN’s Planned Takeover of Telkom

COSATU Push Back Against MTN’s Planned Takeover of Telkom

The Congress of South African Trade Unions (COSATU) has stated that it opposes MTN’s proposed acquisition of Telkom, citing earlier, more significant mergers that resulted in job losses. The largest trade union in the nation, COSATU, claimed that the merging of big businesses had resulted in thousands of job

Internet Tariff Hike in Zimbabwe as Government Announces Planned Two Times Voice, SMS and Data Prices Increment in 2022

Internet Tariff Hike in Zimbabwe as Government Announces Planned Two Times Voice, SMS and Data Prices Increment in 2022

The internet tariff hike in Zimbabwe will go from bad to worse by September. In a circular on price modifications, the Postal and Telecommunications Regulatory Authority of Zimbabwe (POTRAZ) outlined what we might anticipate later this year. The most recent changes to POTRAZ’s tariffs were implemented in September 2021.

Cathay Innovation Partners AfricInvest as it Complete Final Close of $112M Pan-African Venture Fund

Cathay Innovation Partners AfricInvest as it Complete Final Close of $112M Pan-African Venture Fund

Cathay Innovation, a global venture capital firm, and AfricInvest, a top multi-asset investment platform in Africa, have achieved the final closure of their combined Pan-African Venture Fund, Cathay AfricInvest Innovation Fund [CAIF], at $112M. The fund is supported by Limited Partners including EIB, AfricaGrow, FMO, Bpifrance, Triodos Investment Management, Proparco,

How South Africa Raised Over $1Billion Funding in the Last 7 Years

How South Africa Raised Over $1Billion Funding in the Last 7 Years

According to Disrupt Africa’s South Africa Ecosystem Report 2022, 357 South African businesses have funded minimum total funding of US$993,684,600, which is only surpassed by Nigeria locations on the African continent. The nation is one of the “big four” locations for investments. It’s interesting how

What Will be the Cost of MTN’s Imminent Telkom Takeover?

What Will be the Cost of MTN’s Imminent Telkom Takeover?

MTN has informed its shareholders that it is in talks for a Telkom takeover. An agreement will see it purchase Telkom’s entire issued share capital in exchange for shares or a cash and share combination. However, MTN said in a Friday (15 July) statement that talks are in the

South African Student Housing Startup, DigsConnect, Secures Pre-Series A Funding to Accelerate Expansion

South African Student Housing Startup, DigsConnect, Secures Pre-Series A Funding to Accelerate Expansion

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 platform, which was launched in 2017 by

South Africa’s Competition Commission Claims Amazon unlikely to ‘displace’ Takealot in South Africa

South Africa’s Competition Commission Claims Amazon unlikely to ‘displace’ Takealot in South Africa

Although the retail behemoth, Amazon, is reportedly launching in South Africa, the Competition Commission claims it is doubtful that it can unseat current leaders like Takealot. The commission released its Online Platforms Market Inquiry’s findings on Wednesday 14 July, and many issues with Takeloot’s dominance as well as

The Professional Narratives on the Present State of Crypto Trading

The Professional Narratives on the Present State of Crypto Trading

According to 53 financial experts surveyed by Finder.com, the price of Bitcoin (BTC) will plummet to $13,676 per unit this year. The survey gave the figures that will guide the global crypto trading space. Experts predict that the price of Bitcoin will bottom out at roughly $13,676

The Boston Consulting Group reports that South African Investors Are Turning to Emerging Trends to Make Money

Assets Management

The Boston Consulting Group reports that South African Investors Are Turning to Emerging Trends to Make Money

According to a new analysis by Boston Consulting Group, the asset management sector kept up its remarkable growth trajectory in 2021. Results indicated that South African investors are tilting toward investing in emerging trends other than other investment areas. According to the report, the worldwide Assets under Management (AuM) increased

South Africa Progresses on its Digital Currency Adoption after Announcing ‘Project Dunbar’

South Africa Progresses on its Digital Currency Adoption after Announcing ‘Project Dunbar’

According to deputy governor Kuben Naidoo, the South African Reserve Bank (SARB) is steadily advancing with its inquiries into a central bank digital currency. Naidoo said the South African Reserve Bank (SARB) is closely involved with “Project Dunbar,”. The project unites the Reserve Bank of Australia, the Central Bank of

The Entrepreneurship World Cup Kicks off for African Startups

The Entrepreneurship World Cup Kicks off for African Startups

The Global Entrepreneurship Network (GEN) and Vodacom Lesotho Foundation have announced the kick-off of the Entrepreneurship World Cup (EWC). The announcement was made at the Maseru event held yesterday. The program will provide access to international mentors and investors and the opportunity to pitch on a worldwide stage for a

What South Africans Must Know about the FIA’s ‘Crypto as a Financial Product’ Intention

What South Africans Must Know about the FIA’s ‘Crypto as a Financial Product’ Intention

Despite rising usage, cryptocurrencies have long faced legitimacy issues in Africa. However, a Blockchain analytics company, Chainalysis, claims that the use of cryptocurrencies is expanding faster on the continent than everywhere else, with transaction volumes rising 1,200 percent between July 2020 and 2021. The responses of African countries have

SA Innovation Summit will help Provide Solutions to Foodtech Startups

SA Innovation Summit will help Provide Solutions to Foodtech Startups

Application for the Foodtech Programme has been opened for Foodtech startups in South Africa. SA Innovation Summit and Anza Capital launched the program to support Foodtech entrepreneurs. The Foodtech Programme, according to a press release, aims to identify and aid startups and small businesses that are multiplying and are creating

What South Africans can Expect from Vodacom Western Cape’s $29M Internet Boost Investment

What South Africans can Expect from Vodacom Western Cape’s $29M Internet Boost Investment

More telecoms in Africa are committing to providing quicker speed, improved limit, and decreased dormancy that goes with the fifth era of cell innovation, 5G. To expand coverage, boost capacity, and enhance network uptime, Vodacom Western Cape says it would invest over $29M in the province’s mobile network this

South African Fintech, Nomanini, Expands Supply Chain Finance Solution to 8 New Markets

Digital finance

South African Fintech, Nomanini, Expands Supply Chain Finance Solution to 8 New Markets

Through a strategic agreement with financial services provider Baobab Group, South African fintech startup Nomanini is extending the reach of its recently announced supply chain finance solution StockNow to eight additional African regions. Headquartered in Cape Town and founded in 2011, Nomanini has created a platform that enables unlicensed traders

Tech Talents Migrating from South Africa; The Where, The Why and The Effects

Tech Talents Migrating from South Africa; The Where, The Why and The Effects

The European Union (EU) published its New Pact on Migration and Asylum at the end of 2020. It sought to establish “Talent Partnerships” with African nations, among other things. Through these Talent Partnerships, migration and skill development were better connected. This partnership also involved the transfer of tech talents between

South African Water Crypto Startup, H2O Securities Secures $150M Investment

South African Water Crypto Startup, H2O Securities Secures $150M Investment

H20 Securities, the world’s first water cryptocurrency, has announced it raised $150 million through the sale of its tokens. The purchase came in form of an investment from GEM Digital, a $3.4 billion assets investment firm based in the Bahamas. The startup also mentioned it got listed on