Joel Nwankwo - byOuut (Page 21)

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Joel Nwankwo

Writer, TECHist and Data analyst.

Top 5 Startups Creating Tech Employment in South Africa

Top 5 Startups Creating Tech Employment in South Africa

According to a World Economic Forum report in 2019, Africa’s industrialization and tech employment prospects were in danger. According to estimates, 41% of all job activities in South Africa, 44% in Ethiopia, 46$ in Nigeria, 48% in Mauritius, 52% in Kenya, and 53% in Angola are amenable to automation.

South Africa Hardware Startups Invited to Apply for Savant BUILD program

South Africa Hardware Startups Invited to Apply for Savant BUILD program

The Savant BUILD program, a structured incubation program that gives selected firms access to various forms of support, has announced that South African hardware innovators can submit applications. Savant will provide services worth $6,000 in exchange for the possibility to own 5% of the business. The Savant BUILD program

Bdeo & Hollard Insurance Partner to launch Visual Intelligence Solutions in South Africa

Bdeo & Hollard Insurance Partner to launch Visual Intelligence Solutions in South Africa

In order to introduce an artificial intelligence (AI) insurance claim assessment tool to the South African market, Bdeo, a Spain-based Insurtech startup that offers visual intelligence solutions for the insurance industry, has officially announced a new partnership with Hollard Insurance Group, the largest privately-owned insurance company in South Africa. Using

South Africa is Africa's Startup Powerhouse, With The Highest Number of Exits

South Africa is Africa's Startup Powerhouse, With The Highest Number of Exits

According to the South African Startup Ecosystem Report 2022, which was published today by the SA SME Fund, Nedbank CIB, and startup-focused news and research organization Disrupt Africa, South Africa has become Africa’s startup powerhouse. The 17th publication and second country-focused report of the South African Startup Ecosystem Study

War in Europe, Drop in Tech Funding in Africa

Africa startup funding

War in Europe, Drop in Tech Funding in Africa

The amount of funding committed to a particular sector directly affect the development, quality, and services generated from the sector. Funding maximizes the benefits available for a sector or unit and transmits a signal that the founders are willing to grow. Whether these funds come as Seed Money –required to

Google’s Equiano Cable Arrives in Swakopmund, Namibia

Internet connectivity

Google’s Equiano Cable Arrives in Swakopmund, Namibia

Equiano, a Google subsea internet cable that will connect Europe and Africa by way of a cable that runs around the west coast of Africa from Portugal to South Africa, has arrived in Swakopmund, Namibia. The Equiano cable is designed to start from Portugal in Western Europe and run more

Now Stitching with Stitch Payouts; South African Fintech Rolls Out New Product

Now Stitching with Stitch Payouts; South African Fintech Rolls Out New Product

The South African API Fintech startup, Stitch, has introduced Stitch Payouts. The startup claims the solution will simplify and make it faster for businesses to pay clients, suppliers, partners, and staff. Refunds, withdrawals, and disbursements are the three components of Stitch Payouts. Refunds will allow Stitch customers to reverse funds

Tigere Housing is Providing House Mortgages for Underbanked and Unbanked Zimbabweans

Tigere Housing is Providing House Mortgages for Underbanked and Unbanked Zimbabweans

Digitizing real estate financing in Africa is one thing, but digitizing real estate for the informally employed is a big deal. The duo of Vusa Chimanikire and Tanaka Mhambi developed Tigere Housing to provide housing mortagage for informally employed in Zimbabwe. Tigere Housing is was founded with the goal of

The Cost of South Africa’s Digital Migration Delay

The Cost of South Africa’s Digital Migration Delay

Khumbudzo Ntshavheni’s decision to shut down analog broadcast systems by June 30, 2022, has been rejected by South Africa’s constitutional court, which found that it is illegal. Ntshavheni (South Africa’s Minister of Communications and Digital Technologies) believes South Africa is ripe for digital migration. The decision follows

How South African PaySpace is Effectively Handling Remote Working

How South African PaySpace is Effectively Handling Remote Working

PaySpace, a South African payroll, and HR software startup is committed to working remotely. As a startup explains, the ability to attract talent has been a critical effect of working remotely. As a startup explains, the ability to attract talent has been an essential effect of working remotely. The post-pandemic

EcoCash Will Dominate the Financial Landscape in Zimbabwe after Partnering with PayPal for International Transfers

EcoCash Will Dominate the Financial Landscape in Zimbabwe after Partnering with PayPal for International Transfers

Traditionally, the high cost of sending remittances and opaque transfer records are the common challenges that give rise to the need for digital international money transfer solutions. These challenges were more common for Africans trying to receive or send money abroad. However, the Fintech industry’s growth has resulted in

Paystack Makes yet Another Move: Launches Paystack Transfers in South Africa

Paystack Makes yet Another Move: Launches Paystack Transfers in South Africa

Nigerian Fintech giant, Paystack, has launched the Paystack Transfers Service for its South African customers. The startup announced the development yesterday via its blog page. According to the startup, businesses can use the service to transfer money in small and large amounts to South African bank accounts through their dashboards

How the Introduction of Rapid Payment Programme will Re-shape South Africa’s Payment System

BankServ Africa

How the Introduction of Rapid Payment Programme will Re-shape South Africa’s Payment System

The underlying infrastructure and services must be sufficiently competitive or contestable for markets to operate effectively. Due to the significant economies of scale involved in payment, clearing, and settlement systems, there is often a strong inclination for a high industry concentration. Modern payment infrastructures demand a significant utilization of technology

Solar Freeze is Cutting Africa’s Food Losses through its Integrated Post-Harvest Management Approach

Solar Freeze is Cutting Africa’s Food Losses through its Integrated Post-Harvest Management Approach

There is a ton of food produced worldwide that is never eaten. The value of these food losses and waste in poor nations alone is over $300 billion. The main cause of this is a lack of refrigeration and storage facilities, which results in a short shelf life for produce

The Cold War continues as MTN’s MoMo accuses 18 Nigerian banks of $53 million mobile money fraud

The Cold War continues as MTN’s MoMo accuses 18 Nigerian banks of $53 million mobile money fraud

Fintech arm of telecom giant, MTN MoMo has reportedly sued 18 Nigerian commercial banks for $53.7 million mobile money fraud. Access Bank, Ecobank, Fidelity Bank, FirstBank, First City Monument Bank, Guaranty Trust Bank, Heritage Bank, Polaris Bank, Providus Bank, Stanbic IBTC, Standard Chartered, Sterling Bank, SunTrust Bank, Union Bank,

Rooomxix is Changing Streetwear Narrative in Africa

Rooomxix is Changing Streetwear Narrative in Africa

Africa’s contribution to the $2.5 trillion global fashion market is estimated to be less than 1% of the total. Euromonitor estimates the Sub-Saharan fashion market to be worth $31 billion, with Nigeria contributing 15% of that ($4.7 billion). This contribution is significantly less than South Africa’s

Another Win for ThriveAgric as it Emerges Winner of Visa Everywhere Initiative 2022 for Central Europe, Middle East, and Africa Region

Another Win for ThriveAgric as it Emerges Winner of Visa Everywhere Initiative 2022 for Central Europe, Middle East, and Africa Region

The light at the end of the tunnel seems to be getting brighter for Nigerian Agric-tech startup, ThriveAgric. The tech-driven startup yesterday emerged as the winner of the Central Europe, Middle East, and Africa (CEMEA) Visa Everywhere Initiative (VEI). The VEI is a global innovation program and competition for startups

Maximizing the use of African Apps in the Global Mobile App Market

Maximizing the use of African Apps in the Global Mobile App Market

The global mobile app market is worth nearly $25 billion, but Africa has almost no share of this mouthwatering cake. Africa is yet to explore this goldmine. The world’s second-biggest and fastest-growing mobile telephone market (after China) is yet to tap into the seemingly endless opportunities in the market.

Time to Show Concern for Kenya?

Time to Show Concern for Kenya?

Three weeks ago, Dubai-based bus-hailing startup SWVL announced the suspension of its daily and city-to-city services in Kenya. Weeks later, Kune, a food-tech startup delivering ready-to-eat meals at affordable prices, closed down. Kune seemed to be having things going their way. French entrepreneur Robin Reecht launched Kune in 2020. Its

Best Seed Funding Types Available for Early-stage Startups

Best Seed Funding Types Available for Early-stage Startups

Let’s talk funding. Funding rounds are part of the most important features of a startup, they make up its success story. Every business strives to gradually increase its customer base, make a return off of its initial investment, surpass its rivals, and eventually win much desired recognition. Although it’

Amazon is Coming. Beware Jumia

Amazon announced it will be expanding to Nigeria and South Africa by April 2023. And no, I don’t mean the group of female warriors and hunters who matched men in physical agility and strength and possessed archery, riding skills, and combat arts. Instead, I am talking about the American

Facebook, Youtube and Tiktok: Startups can get the most out of Social Media

Facebook, Youtube and Tiktok: Startups can get the most out of Social Media

According to Statista, there will be 4.41 billion active social media users by 2025. That is to say, in 3 years, startups will be able to reach over 4 billion people, share content, and make more waves. In addition, the number of people using social media sites is increasing.

Born in Africa and for Africans. Abena is the Real African Voice Assistant AI

Born in Africa and for Africans. Abena is the Real African Voice Assistant AI

Voice assistant technologies are making life easier and more enjoyable in and out of our homes. Having Alexa, Siri, or Google in your home can feel like having an attentive PA. She is never too busy and reacts to your every desire with a cheerful attitude. Unfortunately, that is not

Egyptian Fintech, ADVA, raises Undisclosed Six-digit Seed Funding from Sawari Ventures

Egyptian Fintech, ADVA, raises Undisclosed Six-digit Seed Funding from Sawari Ventures

Egyptian fintech startup ADVA has announced an undisclosed six-digit seed funding round to help it expand its offering. Local VC firm Sawari Ventures led the round. Rania Gaafar founded ADVA in 2020 as it became Egypt’s first online service installment platform. The startup’s consumer lending platform allows customers