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Aida Kandil, Founder of Moroccan MyTindy Selected For the EY Entrepreneurial Winning Women's Program

Aida Kandil, Founder of Moroccan MyTindy Selected For the EY Entrepreneurial Winning Women's Program

Aida Kandil, founder and CEO of Moroccan marketplace MyTindy, has been selected as one of 52 women entrepreneurs from the Middle East, Africa, India, and Europe for the 2022 class of “EY Entrepreneurial Winning Women,” as reported by Morocco World News. The EY Entrepreneurial Winning Women program has produced over

Kuda Acquires 4.6 Million Customers, Plans Expansion To UK, Ghana

Kuda Acquires 4.6 Million Customers, Plans Expansion To UK, Ghana

Nigerian Fintech company, Kuda Technologies, has announced this new feat of securing 4.6 million customers within three years of operations. The company also revealed that it is taking strategic steps towards extending its banking operations to Uganda, Ghana and the United Kingdom immediately after it gains regulators’ approval. This

Zoho One Hits Customer Size Milestone Of 150%

Zoho One Hits Customer Size Milestone Of 150%

One of the leading technology companies in Africa, Zoho Corporation, has revealed that Zoho One has hit a new landmark as it now assists about 50,000 organizations across 160 countries. In the last two years only, the platform has increased in size, it has acquired 150% plus 37.5%

Womenovate Nominated For Startup Of The Year Award By Africa Tech Fest

Womenovate Nominated For Startup Of The Year Award By Africa Tech Fest

Female-focused Nigerian startup, Womenovate, has been shortlisted for “startup of the year” by the Africa Tech Festival, at the AfricaCom headquarters location. The venture celebrated its 25th anniversary recently and it is set to hold the 15th edition of its superb award event, honouring some of the biggest technology contributors

South African Cryptocurrency Startup, Luno, Announce Partnership with Vodacom Bulls

South African Cryptocurrency Startup, Luno, Announce Partnership with Vodacom Bulls

Popular South African cryptocurrency app, Luno, has signed a three-year sponsorship agreement with the Vodacom Bulls. The partnership offers the team cryptocurrency performance incentives, which is a first for rugby in this nation. As the first team sponsorship by a crypto company in South Africa, the Vodacom Bulls are being

POTRAZ Approves 61% Telecoms Tariff Increase in Zimbabwe

POTRAZ Approves 61% Telecoms Tariff Increase in Zimbabwe

After the telecoms authority approved a data pricing hike of up to 61% from November 2022, telecom service providers in Zimbabwe increased their tariffs. The local currency has been harmed by the price increase and is currently unstable. On October 14, Telecontract (Telco) subscribers received notice of the hike from

Uneven concentration of Startups: Inside Lagos State Government plan to launch Venture Capital Fund

Uneven concentration of Startups: Inside Lagos State Government plan to launch Venture Capital Fund

Merely checking for what Silicon Valley means, the first result that might pop up is a Wikipedia page that tells you: “Silicon Valley is a region in Northern California that serves as a global centre for high technology and innovation.” It is common to read that capital cities of African

Project Isizwe Partners VulaCoin to Monetize Township WiFi

Project Isizwe Partners VulaCoin to Monetize Township WiFi

In an ambitious effort to promote the adoption of internet on a pay-as-you-go basis in South African townships, Project Isizwe has partnered with fintech startup VulaCoin. They claim that the need for township connectivity is growing, and they are pleading with internet service providers (ISPs) to adopt flexible payment options

Hisense H750FSB-smart IDS Fridge Launches in South Africa

Hisense H750FSB-smart IDS Fridge Launches in South Africa

In South Africa, Hisense is introducing a brand-new, high-end smart refrigerator with outstanding features. The Hisense H750FSB-smart IDS offers everything from meal planning to entertainment through its robust interface and sizable display. The H750FSB-IDS Product Reveal by Hisense will debut at House & Home in Pretoria’s Menlyn Mall. This

Wireless Access Providers Association to Launch WiFi 7 by 2023

Wireless Access Providers Association to Launch WiFi 7 by 2023

In 2023, the first wave of mobile devices—including smartphones, laptops, and tablets—that support WiFi 7 is anticipated to hit the South African market. Paul Colmer, a council member of the Wireless Access Providers Association (WAPA), made this statement while speaking with ITWeb yesterday at the WAPALOZA Conference 2022

Fuzé To Grant Up To US$48,000 Equity Funding To Francophone African Startup, Application Now Open

Fuzé To Grant Up To US$48,000 Equity Funding To Francophone African Startup, Application Now Open

Fuzé an investment company powerd by Digital Africa is set to invest equity funding into early-stage startups functioning in Francophone African countries. Sources reveal that startup with these features can now apply for up to US$48,000. Supported by the french government, The Digital Africa Initiative is an organization

How Fintech is Driving Financial Inclusion in Morocco

Financial Inclusion

How Fintech is Driving Financial Inclusion in Morocco

Africa is still considered a cash economy, with less than 10% of financial transactions performed electronically in 2021, per McKinsey report. This is because, despite having a population of approximately 1.3 billion people and a GDP of approximately $2.4 trillion, Africa still has a whopping 65 percent of

To Fight Digital Fraud, Digital Payment Providers Partners With Banks In Uganda

To Fight Digital Fraud, Digital Payment Providers Partners With Banks In Uganda

In a bid to curb the growing activities of digital and financial fraud, the National Payment Systems Services Association has gone into partnership with the Uganda Bankers Association. Digital and financial fraud have become a threat to the growth of digital financial services and the financial sector. During a webinar

AfriTECH 2.0: Outstanding Organisations, Individuals To Be Awarded

AfriTECH 2.0: Outstanding Organisations, Individuals To Be Awarded

Africa Tech Alliance Forum will be holding its second award event (AfriTECH 2.0) in Lagos Nigeria where honour will be conferred on organizations and individuals that have been outstanding in tech activities in Africa. The event with the theme: “Sustainability and The Company of the Future” is scheduled to

Andela Opens Application For EPIC Tournament $10,000 At Stake

Andela Opens Application For EPIC Tournament $10,000 At Stake

A multinational marketplace for technical remote workers, Andela, has opened entry for its upcoming hackathon dubbed the EPIC Tournament which is in collaboration with HackerEarth. According to reports, the tournaments will see the participation of notable developers who will be grouped into teams to develop prototype solutions that should generate

Flourish Ventures launches Madica, aims at investing $6 million in African pre-seed startups

Flourish Ventures

Flourish Ventures launches Madica, aims at investing $6 million in African pre-seed startups

Global Venture Capital Firm, Flourish Ventures has set up an investment program Madica to serve mission-driven and under-represented African pre-seed startup founders. The recently launched sector-agnostic program scheduled for a 3-year frame will back 25-30 African entrepreneurs and invest $200, 000 capital in each tech startup while providing mentorship and

4 South African Podcasters Receive $100k Funding from Spotify Podcast Fund

4 South African Podcasters Receive $100k Funding from Spotify Podcast Fund

The Africa Podcast Fund from Spotify has given grants to four South African podcasters. The funding is reportedly available to a select group of African creators from South Africa, Nigeria, Kenya, and Ghana, which have the largest populations of podcast listeners. The $100k fund seeks to advance these podcasters’ careers

Linda Mabhena-Olagunju of DLO Energy Resources Group in Top 10 of Choiseul 100 Africa Rating

Linda Mabhena-Olagunju of DLO Energy Resources Group in Top 10 of Choiseul 100 Africa Rating

Owner of DLO Energy Resources Group—the largest wind farm in South Africa, Linda Mabhena-Olagunju, was recently placed seventh out of 100 in the renowned Choiseul 100 Africa rating, making her the only South African on the list and one of four women in this ranking. She told ITWeb that

BitOasis Partners with Mastercard to Roll out Crypto-Linked Cards across MENA

BitOasis Partners with Mastercard to Roll out Crypto-Linked Cards across MENA

BitOasis, a leading cryptocurrency platform in the Middle East and North Africa (MENA), and Mastercard have partnered to launch a series of crypto card programs in the region, facilitating day-to-day cryptocurrency usage at points of sale and across e-commerce platforms. Customers of BitOasis will be able to convert their cryptocurrency

Africa’s Startup Funding Scene Looks to Rise in Q4 2022. The Ouut Highlight the Pull Factors

Africa startup funding

Africa’s Startup Funding Scene Looks to Rise in Q4 2022. The Ouut Highlight the Pull Factors

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

ACIH To Incubate 150 Startups In Kenya

ACIH To Incubate 150 Startups In Kenya

The Association of Countrywide Innovation Hubs(ACIH) has revealed its intentions to incubate 150 Kenyan startups in its new accelerator event which is to hold across ten regions in the East African countries. Targeted at sustaining innovators, the program will help them develop their ideas and translate them into effective

54gene CEO Bows Out 2 Months after the Startup Sacked 30% of its Workforce

54gene CEO Bows Out 2 Months after the Startup Sacked 30% of its Workforce

54gene co-founder and CEO, Abasi Ene-Obong, has resigned as CEO of the US-based, African-focused health tech startup. Meanwhile, Teresia L. Bost, the company’s General Counsel, has been named interim CEO, according to an official statement from the three-year-old company. She will be supported by Chief Operating Officer, Delali Attipoe.

Sawiris, Egyptian Billionaire to Invest $100M in Moroccan Tech Sector

Sawiris, Egyptian Billionaire to Invest $100M in Moroccan Tech Sector

Egyptian billionaire, Naguib Sawiris, CEO of Egypt-based Orascom Investment Holding, has expressed his interest in investing $100 million in the Moroccan tech sector once the opportunity arises. The billionaire stated on the sidelines of the African Business Forum in Casablanca that his company “will be entering the Moroccan market” in

Champ Alpha Services, A Soon-To-Launch Social Payment Platform

Champ Alpha Services, A Soon-To-Launch Social Payment Platform

It takes effort to actually manifest thoughts, it is likened to the proverb, “If wishes were horses even beggars will ride”. So many people walk the streets of Nairobi, Lagos, Kampala and many other cities, with the thoughts of starting up a business whether in tech or not, heck, some