IFC to commit $20m in SPE Capital Fund for firms in MENA. Member of the World Bank Group, International Financial Corporation (IFC) is planning to commit up to $20-million in a Private Equity fund for small and mid-cap companies in the Middle East and North Africa (MENA) region. “SPE AIF I” which is managed by SPE Capital Partners will mainly focus on
Liquid Telecom provides unlimited capacity for Hai Home Fibre Customers due to COVID-19. Liquid Telecom is providing unlimited capacities to its Hai Home Fibre customers due to COVI-19. This comes after the seizure in the movement of individuals and in businesses due to the Coronavirus pandemic. Businesses have substituted working in the office to work from home, the school are relying on e-learning
Tech innovators create a crowdfunding platform amid COVID. A group of technology entrepreneurs have united in creating a crowdfunding platform as a relief fund for the people of Nigeria amid COVID 19 and it’s related problems. This comes after the Coronavirus pandemic which has forced most countries to lock down to prevent its spread. Due to the
Paga joins Ping An Cloud Accelerator. Nigeria’s payment Company, Paga has been selected for the fourth cohort of China’s Ping An Cloud Accelerator program. Ping An Cloud Accelerator is a 5-month acceleration program that is created to grant founders with education, tools, and resources they need to authenticate, strengthen, scale and localize their businesses.
No-Risk Of Human Health, ALTON Guarantees Safety Of Telecom Towers. Association of the licensed telecommunications operators of Nigeria (ALTON) has contradicted the message been out there which has something to do with the health hazards of the telecommunications towers. A signed statement from the chairman of the ALTON Gbenga Adebayo stated that, no proof to support the relationship that connects
MTN Leads Telcos In Africa According To Finance Annual Report. One of the most well-known telecommunications brands in Africa, MTN has been declared as a most valuable telecommunication brand per an annual report recently released by Brand Finance. Brand Finance is an independent body which made a research into the field of telcos. The report made it clear that MTN
Lockdown In South Africa Sees Top E-Retailer Business Go Bad. A South African e-commerce platform is currently going through tough times as lockdown sees poor business time. The company, Takealot, backed by Naspers is the biggest in South Africa is at the moment having a bad time with business in South Africa due to the lockdown. The President in his
Webinar: Utopia On “Entrepreneurship In Times Of Crisis.” Utopia is the world’s first urban innovation group focused solely on emerging cities and their slums. Utopia is creating a network of city labs across Africa, Asia, and Latin America to build an urban ecosystem for emerging cities. The webinar which hosted a virtual panel session on “Entrepreneurship in
Rensource introduces a digital platform for SME. Nigeria’s leading Energy and merchant infrastructure company, Rensource has introduced a novel digital platform that allows small businesses to connect to customers online during this lockdown period. Rensource’s new platform, Merchlist.co was designed to serve two main purposes. The first is to allow customers to buy directly
Western Cape Government launches JUMP App. The Western Cape Government, a province of South Africa has launched a JUMP app that gives entrepreneurs and business owners all the resources needed to start, scale and grow their companies. Before the novel app, was JUMP’s mobile website which has supported thousands of entrepreneurs access to digital tools,
MTN Ghana To Establish Free Educational Sites To Enable E-Learning In Ghana. The fight against the coronavirus has seen everything been moved online. Any organization that cannot operate through online would have to suffer the consequences as a result of staff laid off. The government of Ghana on the 16 of March, closed all schools in Ghana, be it university, senior high
Egyptian startup Eventtus secures investment for its digital platform. Egyptian startup Eventtus has secured an investment round to furnish its digital events platform. The startup secured an undisclosed investment from Hala Ventures, Algebra Ventures, and DAAL VC. The launch of the digital events follows the effect of the COVID-19 pandemic on the events industry. Events is a platform for
Crowdafrica To Use Its Website For Collections Of Donations To Fight COVID 19 In Africa. An online website called crowdafrica has made available its platform for the general public who are willing to donate for the fight against the coronavirus. The organization is concentrated on education and healthcare hence, a very big concern to them as far as the fight against coronavirus is a concern.
Features Ghana's New ECG App. After the announcement from the vice president of Ghana on the 18th of February, 2020 about the new ECG app, most Ghanaians developed an interest in using the ECG app also known as the power app. But the question is, how convenient is the app. Ghana’s New ECG App
Labat Africa Acquires Biodata. Labat Africa is a company that invests in various sectors of the economy in Africa. The company is trying to get hold of a space in biodata, a Company that focuses on technology and medical research on the sector of cannabis. Labat is said to have been targeting 70% of
Features Startup Employees Face An Uncertain Future As Lockdown Continues In Some African Countries. The coronavirus, which made the world unstable, has left employees with an uncertain future. After some countries got partially lockdown, many employees are home without work. Some countries such as Nigeria, Ghana among other African countries were partially locked down and are yet to be opened due to the coronavirus
COVID 19: Ghana Tech Lab, MasterCard Foundation to present $10,000 to local innovations challenge. Ghana Tech lab in collaboration with MasterCard Foundation’s Young Africa Works is presenting an amount of $10,000 to support local entrepreneurs in the battle against COVID 19. However, the Tech lab which had a partnership already with Mastercard Foundation’s Young Africa Works program to train young Ghanaians
Main One Partners With Lagos Government And NCDC To Fight Coronavirus in Nigeria. One of West Africans lagers connectivity and data center solutions provider, Main One, has taken up the challenge to help the government to fight the coronavirus in its very best way. The virus has seen many organizations come out to help their countries or the countries in which they operate.
Vodacom donates 20000 phones to help fight COVID-19. To fight the coronavirus in South Africa, the Vodacom group limited has made an effort by donating 20,000 smartphones to the frontline health workers in South Africa. The company believes that the government alone cannot fight the pandemic and will need help from both individuals and organizational bodies. With
Pretoria University In South Africa Produce Medical Equipment With 3D Printing To Help Health Workers. The coronavirus that hit the world so badly, as made a lot of people turned into technology and since they believed that could be a way this virus can be tackle successfully. All across Africa and the world at large, we see countries and people take it to technology to
Nigeria Took Easter Mass To Online Due To Coronavirus. This year’s Easter celebration was as it used to be across the world. The deadly coronavirus has no respect for anyone nor any event. The virus has done more than enough damages and still has not shown any signs of ending as it continues to escalate. As a result
Facebook introduces products for religious activities amid COVID-19. Facebook has introduced new products to enable religious activities to continue amid the global Coronavirus lockdown. The new Faith on Facebook Resource Hub and Faith on Facebook toolkit will help religious leaders create an online community since they cannot meet in groups. This will, therefore, help religious leaders adhere to
Villgro Kenya in search of Innovations for COVID 19. Healthcare incubator, Villgro Kenya is searching for innovations that can help the continent combat the coronavirus pandemic. In an attempt to solve the global outbreak of coronavirus, the incubator will help entrepreneurs develop technologies and provide solutions that will lessen the impact of the pandemic and its aftermath. Villgro in
Access Bank introduces AccessMore App amid COVID 19. Access Bank Plc has introduced its new app, ‘AccessMore’ to ensure that customers make bank transactions while at home during the COVID 19 pandemic. AccessMore is a mobile app that is built on cutting edge technology offering tailored and personalized services, easy use and an excellent customer experience. CEO of
Nigerian logistics startup, Kwik Delivery receives funding from Ubisoft founder. Nigeria delivery startup Kwik has received an undisclosed fund from the founder of French video games company, Ubisoft SA to uplift its operations. The investment was a personal one made by the founder and CEO of Ubisoft, Yves Guillemot Commenting on the investment, CEO and founder of Africa Delivery Technologies,
