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Huawei-Algeria and Algeria Venture Launch “Huawei Spark” To Support Startups In Algeria

Algeria Venture

Huawei-Algeria and Algeria Venture Launch “Huawei Spark” To Support Startups In Algeria

Huawei-Algeria, a leading Chinese telecommunications company, and Algeria Venture, a public start-up accelerator, have announced the launch of an international program, “Huawei Spark” in Algiers on Monday, September 12, 2022. The program aims to promote and develop start-ups in the North African country. Yacine El-Mahdi Oualid, Minister of Knowledge Economy,

Safaricom rolls out services in two Ethiopian cities

Safaricom rolls out services in two Ethiopian cities

Safaricom has expanded its customer pilot to two additional cities – Bahir Dar and Adama in Ethiopia which marks the 4th and 5th cities in the country to test the network. This is following Safaricom’s launch in Ethiopia in August 2022 and after it has rolled out its network in

Yellow Card hits 1 million users across 16 African countries

Yellow Card hits 1 million users across 16 African countries

Pan-African Cryptocurrency startup, Yellow Card has hit one million users across its 16 African countries – where it has launched its operations. Founded in 2016 by Chris Maurice, Justin Poiroux and Munachi Ogueke, the company aims to expand across the 54 countries on the continent to ensure seamlessness in the buying

Tanzanian Government Eases Regulation As Uber Sets To Resume National Operation

Tanzanian Government Eases Regulation As Uber Sets To Resume National Operation

After what seemed like a communication and agreement challenges between the Tanzanian government and the Two prominent ride-hailing providers in the east African country, Uber and Bolt, the government is ready to ease the transportation-related regulations, so both companies can resume full operations. As it stands, the challenges encountered by

Will Blockchain and Cryptocurrency Adoption Displace the Banking Sector?

Will Blockchain and Cryptocurrency Adoption Displace the Banking Sector?

On July 26, the Central African Republic (CAR) froze the implementation of its law designating Cryptocurrency, Bitcoin, as an official tender alongside its domestic currency, the Central African CFA franc, pending the publication of rules for cryptocurrencies by the Bank of Central African States (BEAC) for the entire Central African

Uganda Parliament Pass Computer Misuse Bill Imposing Tougher Penalties

Uganda Parliament Pass Computer Misuse Bill Imposing Tougher Penalties

The Computer Misuse Bill 2022 (Amendment) has been passed by the Ugandan parliament. It was privately and independently by the minister for Kampala Central, Muhammad Nsereko, this time this bill imposes firm penalties for cyber-related crimes. The bill will omit clauses that seek to ban convicts from running for election

2 Nigerian Startups Chosen For SOSV Orbit Startups Program Gets US$180,000

2 Nigerian Startups Chosen For SOSV Orbit Startups Program Gets US$180,000

One of the latest programs coordinated by the US venture company SOSV, Orbit Startups, has selected Ten startups for its maiden cohort, of which two startups are from Nigeria. The Orbit program encompasses SOSV existing programs such as Chinaccelerator and MOX, the programs were reflected in Orbit’s functions. Unlike

Capiter Founders Calls Sacked "Fake Propaganda" as the E-Commerce Website Remains Shut

Capiter Founders Calls Sacked "Fake Propaganda" as the E-Commerce Website Remains Shut

Capiter, an Egyptian e-commerce startup specializing in retail and FMCG, has dominated discussion since the board recently fired its founders for “inability to fulfill their fiduciary duties over the past week and not reporting to representatives of the Board and shareholders during on-site in-person due diligence meetings for a potential

Fundi Launches FundiConnect for Student Career Guidance and Study Advice in South Africa

Fundi Launches FundiConnect for Student Career Guidance and Study Advice in South Africa

A unique student online platform called FundiConnect has been launched by Fundi, a global expert in education finance, in an effort to give students in South Africa access to high-quality study and career assistance. With over 1.2 million students enrolled in tertiary education, it is more crucial than ever

Chapa Digital Payment Launches In Ethiopia

Chapa Digital Payment Launches In Ethiopia

Chapa, an Ethiopian financial technology startup has launched, releasing its online platform developed as a payment gateway that gives businesses access to accept international payments from customers. The launched platform gives both businesses and organizations access to receive both international and local payments through any available payment method from anyone

Kippa raises $8.4m in seed round

Kippa raises $8.4m in seed round

Nigerian financial management app, Kippa has raised $8.4 million seed funding to help small and mid-size enterprises (SME). This comes after the company acquired payment solution service license (PSSL) from the Central Bank of Nigeria to act as a Super-Agent to its 500,000 merchants across 774 local governments

Touch And Pay To Make Continental Expansion For Cashless Implementation in Africa

Touch And Pay To Make Continental Expansion For Cashless Implementation in Africa

Touch and Pay, Nigerian fintech, has revealed its intentions to expand its services to other African nations, a plan that will be executed with the Three Million US dollars (US$3 million) seed funding it recently raised. Touch and Pay was founded in 2019, and it has since developed a

The Lwana sisters launch Lokshin WiFi to Provide low-cost Wi-Fi in Townships

The Lwana sisters launch Lokshin WiFi to Provide low-cost Wi-Fi in Townships

Three sisters—Kholeka, Tobeka, and Bongeka Lwana, have launched Lokshin WiFi, a low-cost wireless Internet service provider (WISP). The internet service provider which went live today is aimed at increasing connectivity in South African townships. WISPs are companies that offer point-to-point wireless Internet connections to customers, typically using Wi-Fi or

Nigerian Fintech, Carbon, Celebrates 10 Years Anniversary

Nigerian Fintech, Carbon, Celebrates 10 Years Anniversary

One of Nigeria’s leading fintech companies, Carbon, has clocked Ten (10) years of operations in the industry, promising to cause an evolution banking sector, with a focus on customer experience, which will make banking more flexible and ultimately accessible to customers. Initially, Carbon was founded as a digital lending

Egyptian Medical Training Platform, 5 Quarters Raises Undisclosed Seed Funding

Egyptian Medical Training Platform, 5 Quarters Raises Undisclosed Seed Funding

5 Quarters, an Egyptian medical training startup, has announced an undisclosed Seed investment from a Saudi angel investor to fuel its growth in both directions: horizontal growth by expanding its practice into Saudi Arabia, and vertical growth by adding new services to medical professionals, clinics, and hospitals. Mohamed Salah and

Founder's Toolkit; 5 Major Skills You Must Possess As A Startup Founder

Founder's Toolkit; 5 Major Skills You Must Possess As A Startup Founder

Don’t we all love the attention that comes after success? being in the spotlight, the centre of attraction, the praises that come with it, euphoria bursting out from within. This is the kind of feeling everyone covets, be it in a grand manner or just within a close circle

How Agritech can Curb Food Loss in Africa

How Agritech can Curb Food Loss in Africa

Ironically, most African nations imports agricultural goods that it is capable of producing. Nigeria, for instance, produces cocoa and cotton but buys textiles and chocolates from other nations. Experts have repeatedly emphasized the necessity of preventing food loss and wastage, urging the government at all levels and corporate investors to

Bitmama closes pre-seed at $2m, allows surge in Africa’s cryptocurrency

Angellist Ventures

Bitmama closes pre-seed at $2m, allows surge in Africa’s cryptocurrency

Blockchain payment startup, Bitmama has raised additional $1.65m pre-seed fund bringing its total to $2m following its $350,000 initial pre-seed championed by Launch Africa Ventures, Unicorn Growth Capital, Adaverse and Flori Ventures in October 2021. The new round of investors included the ones from the initial pre-seed round

HelpMum receives $250,000 grant to deploy AI-enabled Immunization in Nigeria

HelpMum receives $250,000 grant to deploy AI-enabled Immunization in Nigeria

HelpMum, a Nigerian healthcare social enterprise committed to reducing maternal and infant mortality rate in Africa has received a $250,000 grant from the Patrick McGovern Foundation to ensure the combination of artificial intelligence (AI) with its vaccination tracker. According to the founder, Dr. Abiodun Adereni, the fund will be

Nexford University Receives $8M in Series A Round from Future Africa, Others to Expand

Nexford University Receives $8M in Series A Round from Future Africa, Others to Expand

Nexford University, a next-generation online university platform, has announced a Series A funding round of $8 million to expand into new markets, broaden the Company’s academic offerings, including career pathway programs, and improve its technology infrastructure. The Series A round which comes just a few months after the three-year-old

South Africa’s Sole iStore Franchisee Acquires Stake in major Apple Reseller DigiCape

South Africa’s Sole iStore Franchisee Acquires Stake in major Apple Reseller DigiCape

The Competition Commission of South Africa has recommended that the Competition Tribunal allow ZA Online’s proposed acquisition of additional Shock Proof shares. ZA Online is the sole iStore franchisee in South Africa. Major Apple reseller, Digicape is owned by Shock Proof. Apple products from Digicape are available for purchase,

Kippa Earns CBN's PSS Licence To Operate As Super Agent

Kippa Earns CBN's PSS Licence To Operate As Super Agent

Nigeria’s Fintech Kippa, a platform that helps small businesses in Nigeria manage their financial books, and also functions as a payment platform, has received the Payment Solution Service Licence from the Central Bank of Nigeria, to function as a Super Agent. The Payment Solution Service Licence is under the

Metaverse is not Web3

Metaverse is not Web3

Both literally and figuratively, the definition of the Metaverse is continually evolving. However, with tangible advantages already appearing for early adopter consumers and businesses, its potential to unleash the next wave of digital disruption seems to be becoming more and more obvious. Novel tactics can easily become standard practice, as

6 Rwandan Startups Selected To Receive Google Funding

6 Rwandan Startups Selected To Receive Google Funding

The funding initiative for tech startups in Africa founded by Google has selected Six Rwandan startups qualifying to receive One hundred million Rwandan francs an equivalent of One hundred thousand US dollars ($100,000). On the 6th of September 2022, it was announced that Sixty African startups have been qualified

In Nigeria, MultiChoice has no choice

In Nigeria, MultiChoice has no choice

Africa’s leading entertainment company, MultiChoice, is left with no choice in Nigeria than to switch to a pay-per-view (PPV) billing model against its monthly fixed subscription. This tussle has been between the Federal Government in the country and MultiChoice since 2020 when the entertainment company rebuffed the proposed pay-as-you-go