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Leveraging Edtech to Eradicate Mass Illiteracy in Africa

Leveraging Edtech to Eradicate Mass Illiteracy in Africa

According to a 2019 Statista report, approximately 34.7 percent of Sub-Saharan Africans are illiterate. The adult illiteracy rate is the percentage of people aged 15 and up who are unable to read or write. After more than sixty years of independence, such a sad reality and mass ignorance have

FNB Commits $11.5M to Vumela Enterprise Development Fund for SMEs Growth

FNB Commits $11.5M to Vumela Enterprise Development Fund for SMEs Growth

FNB this week announced an $11.5M (R200 million) investment to the Vumela Enterprise Development Fund, which was started in 2009 by FNB Commercial and Edge Growth, to help this industry even further. Between 2010 and 2021, the first three phases of the Vumela Fund invested a total of R

Tunisian Startup, Beekeeper Tech, Secures $640, 000 Seed Funding For Expansion

Tunisian Startup, Beekeeper Tech, Secures $640, 000 Seed Funding For Expansion

Tunisian tech startup, Beekeeper Tech, has revealed that it has successfully secured seed funding of Six hundred and forty thousand US dollars ($640, 000). The latest round is meant to enable the development of technical solutions that will provide beehive monitoring, tracking and breeding technologies. Beekeeper’s seed round was

What Makes a City Smart?

What Makes a City Smart?

Smart City has become a dominant narrative for the future of cities. The Smart City concept has become a leading idea in policy planning for sustainable urban communities. The element that seems to be shared by all ideas of city smartness is the application of Information and Communication Technologies (ICT)

Cristiano Ronaldo Partners Binance to Launch His First NFT Collection

Cristiano Ronaldo Partners Binance to Launch His First NFT Collection

Cristiano Ronaldo, the Portuguese and Manchester United striker, will launch his first NFT collection on November 18 as part of a multi-year partnership with Binance, the world’s leading blockchain ecosystem, and cryptocurrency infrastructure provider. In June 2022, the Portuguese star signed a multi-year NFT partnership with Binance, which includes

YouTube Shorts is Adding Shopping Features and Affiliate Marketing

YouTube Shorts is Adding Shopping Features and Affiliate Marketing

YouTube Shorts is adding affiliate marketing and the ability for users to purchase items as they scroll through Shorts, as first reported by the Financial Times and confirmed by TechCrunch. According to the report, the long-form video giant is testing shopping features with eligible US-based creators and audiences in the

PalmPay Gets Nigeria Data Protection Regulation (NDPR) Compliance

PalmPay Gets Nigeria Data Protection Regulation (NDPR) Compliance

PalmPay, a Nigerian fintech innovator democratizing digital payment access, has achieved compliance status with the Nigeria Data Protection Regulation (NDPR) for implementing all statutory requirements. With the rapid growth of the internet and digital economy, the use of information raises serious privacy and data protection concerns. However, any organization that

#YouTubeBlack Voices Shortlist 46 African Creators for 2023 Cohorts

#YouTubeBlack Voices Shortlist 46 African Creators for 2023 Cohorts

#YouTubeBlack Voices creators and artist cohorts, an initiative of YouTube, has today announced the selection of 46 African creators for its 2023 cohorts program in a drive to support and expand the efforts of creators and the creative economy in Africa. Now in its third year, #YouTubeBlack Voice Cohorts is

University of South Africa Partners Vodacom Business for Digitally Connection

University of South Africa Partners Vodacom Business for Digitally Connection

The University of South Africa (UNISA) has hired Vodacom Business as part of a two-year contract to offer students and staff of the university future-ready digital solutions. In order to guarantee that high-quality distance learning is a reality, these solutions will provide UNISA students and staff with free and dependable

Vodacom Buys Majority Stake in Vodafone Egypt

Vodacom Buys Majority Stake in Vodafone Egypt

Regulatory permission was given to Vodacom Group today for its $2.3B (R41 billion) acquisition of a 55% controlling stake in Vodafone Egypt. In an interview, CEO of the Vodacom Group Shameel Joosub disclosed the development. According to Joosub, the acquisition of a controlling stake in Vodafone Egypt, the market

Mteto Nyati Acquires Controlling Stake at Business Systems Group

Mteto Nyati Acquires Controlling Stake at Business Systems Group

Mteto Nyati, a former CEO of MTN South Africa and Altron, has paid an unknown sum for a controlling stake in the local technology and consultancy firm Business Systems Group (BSG). In the South African and African consulting industries, the locally based BSG faces off against multinationals like Deloitte, Accenture,

BasiGo Secures $6.6M to Start Commercial Assembling of EVs in Kenya

BasiGo Secures $6.6M to Start Commercial Assembling of EVs in Kenya

BasiGo, Kenya’s foremost electric vehicle manufacturer has announced that it has secured $6.6 million in equity funding to begin commercial assembly of electric vehicles in Kenya. Mobility54, Toyota Tsusho’s corporate venture capital arm; Trucks VC, a transportation-focused venture capital fund in Silicon Valley; and Novastar Ventures, a

Yaga, an E-Commerce Platform for New and Used Clothes, Gets $2.2M to Further Expand in Africa and Asia

Yaga, an E-Commerce Platform for New and Used Clothes, Gets $2.2M to Further Expand in Africa and Asia

Yaga, an e-commerce platform for selling and buying new and used fashion items, has secured $2.2 million from investors to expand further in African and Asian markets. The funding round was led by Startup Wise Guys, with participation from Trind Ventures, Specialist VC, and Rubylight, a Latvian venture capital

BENAA Foundation Shortlisted To Recieve GSMA Innovation Fund

BENAA Foundation Shortlisted To Recieve GSMA Innovation Fund

Egyptian startup, BENAA foundation, has been shortlisted among the eight African startups to receive grants from the GSMA Innovation Fund for Climate Resilience and Adaptation. The funding initiative is targeted at testing, propelling, and adopting digital innovations that will help the most vulnerable population of the world to adapt to,

EBRD Partners With Ministry Of Development To Support Climate-Focused Startups In Egypt

EBRD Partners With Ministry Of Development To Support Climate-Focused Startups In Egypt

6 out of 18 startups have been selected by EBRD to be given support for them to scale in the ecosystem. This selection is a result of The European Bank for Reconstruction and Development (EBRD) partnership with the Ministry of Planning and Economic Development to support a few startups in

IBM Announces New Chairman for its Operations in the EMEA Regions

Ana Paula Assis

IBM Announces New Chairman for its Operations in the EMEA Regions

IBM, a leading American computer manufacturing company has announced the appointment of Ana Paula Assis, General Manager IBM Europe, Middle East & Africa as the new Chairman of Europe, Middle East & Africa, succeeding Martin Jetter, who is retiring from IBM at the end of 2022 after serving the company

Orange Botswana Launches 5G to Boost Digital Inclusion

Orange Botswana Launches 5G to Boost Digital Inclusion

Orange Botswana has become the first division of the international telecom to offer 5G. The launch does not only further encourage innovation and digital inclusion in the nation but also signal the operator’s first entry into Africa with next-generation mobile services. It comes after the opening of the country’

Inside FTX’s collapse: African-based Web 3 startup, Nestcoin to lay off employees

Alameda Research

Inside FTX’s collapse: African-based Web 3 startup, Nestcoin to lay off employees

Following the cryptocurrency exchange company, FTX’s collapse in an event that began with a reported article by Coindesk about claims that stated that Alameda Research, its crypto trading firm (now including its US subsidiary, FTX.US) have a suspicious balance sheet, tons of other media reports have expounded the

Aurora Tech Award 2022 Sets to Honor Women IT Startup Founders with $60K Combined Prize

Aurora Tech Award

Aurora Tech Award 2022 Sets to Honor Women IT Startup Founders with $60K Combined Prize

Aurora Tech Award, which awards prizes annually to female founders of IT startups with a significant impact on global development, has opened its application portal for the 2022 edition. The award is targeting women in cutting-edge technology, particularly female entrepreneurs. Also, the award recipient represents the freedom of choice that

Development Bank of Southern Africa Approves $400M to Accelerate Renewable Energy Projects in South Africa

Development Bank of Southern Africa Approves $400M to Accelerate Renewable Energy Projects in South Africa

The Development Bank of Southern Africa (DBSA) and the European Investment Bank (EIB) have agreed to provide $400 million in financing for South Africa’s renewable energy projects (R7.2 billion). Ambroise Fayolle, vice-president of the EIB, and DBSA CEO Patrick Dlamini formally agreed to EIB financing in SA last

Interswitch Regional Breakfast Session Gathers Stakeholders in Port Harcourt

Interswitch Regional Breakfast Session Gathers Stakeholders in Port Harcourt

Interswitch, Africa’s leading integrated payments, and digital e-commerce company hosted its second ‘Regional Breakfast Session’ at the Presidential Hotel in Port Harcourt, Rivers state, to contribute to the ongoing attempt at digital payment adoption across the country and as customers continue to yearn for more sophisticated digital payment offerings.

Spleet launches VaaS product, Spleet Verify, to evaluate prospective tenants

Spleet launches VaaS product, Spleet Verify, to evaluate prospective tenants

Tenant screening or verification has been a crucial tool in today’s growing cases of fraud and other vices. While leasing a property to an unknown individual is one of the risks landlords face, it remains on the part of property management companies to build infrastructures or solutions such as

businessONLINE Launched By Emirates NBD for Corporate Clients In Egypts

businessONLINE Launched By Emirates NBD for Corporate Clients In Egypts

It seems to be the launching season in Egypt as Emirates NBD has recently launched its businessONLINE platform to assist corporate clients to process the management of their funds and transaction without hitches. The company revealed the launching of its new product service through a press release it made available

GOMYCODE Nigeria, Africa's Leading Edtech Startup, Opens New Flagship Hackerspace in Lagos

GOMYCODE Nigeria, Africa's Leading Edtech Startup, Opens New Flagship Hackerspace in Lagos

GOMYCODE Nigeria, a leading edtech startup in Africa has announced the opening of its new flagship hackerspace in a larger and more suitable location in Lagos, Nigeria. This follows the successful launch of the digital education platform’s first hackerspace in January 2021. The new hackerspace is a one-of-a-kind architectural

E-finance Partners With IBM To Expand Cloud Computing Services in Egypt

E-finance Partners With IBM To Expand Cloud Computing Services in Egypt

For the proper expansion of its digital payment services, Egypt-based fintech startup, E-finance has gone into partnership with American computer manufacturer and software provider, IBM, the International Business Machines Corporation. The information about the partnership was revealed via a press release sent to users through emails on the 9th of