Cameroon: Latest News
Peter Pedroncelli, 7:04 am AFKI Original
The Seedstars Douala Competition served as the Cameroonian leg of the global early-stage startups competition for emerging markets. The competition took place at the end of September, with 11 of the best startups vying to be the representative from Cameroon for the global final event next year. Seedstars World, which describes itself as the world’s biggest startup competition in emerging markets, holds these events in over 65 countries before winners are selected.
Peter Pedroncelli, 6:30 am
WorldRemit, an international digital money transfer business, and Wafacash, a Morocco-based financial services firm have partnered in order to provide instant money transfers to a growing set of African markets. The Moroccan money transfer market-leader and the global remittance company already work together in Morocco and Senegal, but this extended partnership will see their combined operations expanded to serve Cameroon, Benin, Burkina Faso, Niger and Cote D’Ivoire.
Peter Pedroncelli, 8:51 am
A total of 11 Cameroonian tech startups have been selected to take part in the country’s local Seedstars World competition on September 29, with the winner of the early-stage startup contest in Douala earning the right to pitch to investors at a final in Switzerland next year. The global tech startup competition will be the first-ever Seedstars event in Cameroon, with the 11 startups who were announced this week pitching to a panel of judges.
Peter Pedroncelli, 11:36 am
It is no secret that countries with the slowest broadband speeds globally have a distinct disadvantage over others with regards to development and business capabilities. New research from British company Cable, looked at over 63 million broadband speed tests across the globe to determine the slowest broadband speeds based on country averages. Yemen is in last place in the ranking at an average speed of only 0.34Mbps, but a number of African nations disappoint with slow speeds.
Staff, 8:47 am
The world’s first commercial drone delivery service operates from a hill in the middle of Rwanda. From here, Zipline, a San Francisco-based robotics company, delivers blood by drone to almost half of all Rwanda’s blood transfusion centers. Orders are made online, by text, phone, or WhatsApp. An order has come in for a hospital about two hours away by car. The drone delivers the package in 20 minutes. “To have a proven model here first in Rwanda is amazing,” says Maggie Jim, Zipline.
Peter Pedroncelli, 5:47 am
French telecommunications operator Orange have announced the launch of an African startup investment initiative that will support innovative startups across the continent. Orange has earmarked $56 million for investment, with half of it set to be invested indirectly through funds that specialize in the digital sector. The other half of the funds will go towards the creation of a new initiative, called Orange Digital Ventures Africa, which will invest directly in African startups within a number of industries including logistics, e-commerce, transport, energy, fintech, and e-health businesses.
Staff, 1:00 am
With Africa’s population projected to be about 2 billion by 2050, farming must undergo huge strides in productivity to ensure the ability to feed them. Numerous types of digital technology are available to take farming to this level, and entrepreneurs are beginning to introduce them to farming. To take advantage of them, however, there must be widespread internet availability, adequate funding, and ways overcome farmers’ reluctance to adopt new practices.
Staff, 8:20 am
African Heads of State and Government present at the recently concluded Transform Africa Summit pledged to advance the continent’s digital transformation. The leaders noted that they recognize the role of information and communication technology (ICT) in fast-tracking development of their countries and the continent in generals.
Peter Pedroncelli, 3:20 am AFKI Original
The United States provides foreign aid that benefits numerous African recipients, with over $43 billion of total obligations going to 222 countries around the world in 2015. Much of this goes to assisting countries in sub-Saharan and North Africa, with USAID funding countless programs for the good of people within those nations. We take a look at the 12 biggest African recipients of foreign aid from the United States.
Ann Brown, 11:23 am AFKI Original
Tired of seeing Africa portrayed in a negative light, Diane Audrey Ngako left her Paris job as social media editor at Le Monde to start her own digital media platform. Visiter l’Afrique is all about Africa’s assets and opportunities. Interactive and collaborative, the site is dedicated to African tourism and culture. “Africa is mainly represented by non-Africans,” Ngako told AFKInsider. “They usually talk about a sordid continent where only famine, wars and poverty happen. It’s time for us to portray the Africa we know, the Africa we see. The Africa of our dreams.”
- Real Estate