Staff

  • TedGlobal Continues In Tanzania And Focuses On African Tech And Talent

    TEDGlobal By Staff, 9:26 am

    As TedGlobal 2017 continues in Tanzania, neurotechnology pioneer Oshiorenoya Agabi of Nigeria has grabbed global headlines with his talk on how to fuse silicon chips and neurons to deliver a revolution in artificial intelligence and computational capacity. That’s the work he’s doing at Koniku in San Francisco, but Agabi was joined by other Africans whose cutting edge entrepreneurship brought them to Arusha. Among the participants was President Paul Kagame of Rwanda, the founder of #Adtags.

  • Forget Silicon Valley, Female Tech Founders In Africa Are Closing Gender Gap

    Female Tech Founders By Staff, 8:57 am

    The latest high-profile scandals in Silicon Valley highlight that the battle for gender equity in the United States is far from won. Despite the tech industry’s progressive reputation, its track record for hiring, promoting and funding women is bleak: Only 17 % of American startups have female founders. But, halfway across the globe in tech hubs like Lagos, Nigeria, and Nairobi, Kenya, 46 percent of African ventures have a female founder and prospects for closing the gender gap there are high.

  • eBay Expands To Africa

    eBay By Staff, 8:31 am

    eBay opened up its U.S. platform to Africa through its partnership with MallforAfrica.com. Americans can now buy products on eBay from select vendors in six African countries, starting with merchandise in fashion, art, jewelry, and clothing. MallforAfrica selects the sellers and handles payments. DHL is the shipping. Online shoppers can browse the entire collection on eBay’s Mall for Africa Store. The new online channel expands an existing relationship between the two e-commerce companies.

  • Renewable Energy Company Plans To Invest $800 Million On Solar-Powered Telecom Towers Across Africa

    towers By Staff, 11:15 am

    GreenWish Partners is planning to invest $800 million on solar-powered telecommunications towers across Africa. The project could fuel economic growth by providing power for essential services. Sub-Saharan Africa has the lowest rates of energy access in the world and is home to about half of the world’s 1.2 billion people without reliable electricity, according to the International Energy Agency. The problem extends to businesses as well as households, cutting into productivity and growth.

  • Fintech Startup In Uganda Gives Access To Loans Via App

    fintech By Staff, 8:09 am

    Last week was a big week for Ugandan fintech startup Numida, as it was declared winner of the Kampala leg of Seedstars World, securing its place at the global final in Switzerland next year where it stands the chance of securing $500,000 in funding. The startup already secured $140,000 in funding from angel investors, and is in the process of raising a $500,000 seed round. The startup has seen 15 percent week-on-week growth since March, and has disbursed 160 small business loans to 105 clients.

  • South African Eating-Out App Raises $175K In Funding From Silicon Valley

    Eating out app By Staff, 7:35 am

    Feastfox, an eating out App from Cape Town, revealed that it successfully closed its Angel fundraising round, raising $175,000 primarily from Silicon Valley-based Angels and VC firms. Feastfox focuses on spontaneous eating out with its “book now, eat now” concept. Co-founder Stuart Murless explains “by raising Angel funding from California venture capital firms and Angel investors, we proved that it is possible to get early-stage, Silicon Valley financing for a mobile startup in South Africa.”

  • World Bank Chooses 20 Startups For XL Africa Accelerator

    Africa accelerator - African tech By Staff, 5:29 pm

    The World Bank has chosen the 20 startups that will take part in its XL Africa accelerator program, which offers participants help in securing up to US$1.5 million in early stage capital. Disrupt Africa reported on the launch of XL Africa, which will offer startups access to a tailormade curriculum and the chance to receive mentoring from global and local experts. After more than 900 applications were received, the program organizers have now selected the 20 African tech startups to take part.

  • Tech Hubs Growing Outside Of Kenya’s “Silicon Savannah” in Nairobi

    By Staff, 7:35 am

    For years, Nairobi has been the cradle of technological innovation in Kenya, and the center of the country’s thriving tech ecosystem, famously known as Silicon Savannah. Most of the innovation spaces, incubation centers, accelerators, and maker labs were also concentrated in the capital—making Nairobi an attractive spot for both technologists and investors. Some innovation spaces, such as the iHub have launched as many as 170 startups. Tech hubs have sprouted up in other Kenyan cities and towns.

  • How Two Nigerian Young Techies Are Changing Their World

    Young Leaders By Staff, 7:26 am

    Forbes magazine lists 600 young people it describes as today’s leading change-makers. Two are Nigerians – Nasir Yammama and Bukola Bolarinwa. All under 30 years, Forbes describes them as young people who “are challenging the conventional wisdom and rewriting the rules for the next generation of entrepreneurs, entertainers, educators, and more.” Yammama and Bolarinwa were among 60 young people recently conferred with the Queen of England’s Young Leaders Medal 2017 at the Buckingham Palace.

  • Senegal To Launch Internet Exchange Point End Of August

    Internet exchange By Staff, 9:20 am

    Two years after it was announced, the Senegal Internet Exchange Point (SENIX) is scheduled for official launch on 29 August, according to Cheikh Bakhoum, Chairman of the Board of Directors at SENIX and Director General of Senegal’s State Information Technology Agency (ADIE). Bakhoum said the exchange point would be launched in the country’s capital city of Dakar and would bring about a revolution in the country’s telecoms ecosystem. SENIX is the result of collaboration between 23 partners.