Peter Pedroncelli, 3:35 am
The Meltwater Entrepreneurial School of Technology (MEST), a training program, seed fund and Africa’s largest tech incubator based in Ghana, has launched two new incubator spaces in Nigeria and South Africa. In addition to the flagship incubator in Accra, MEST has launched two new spaces in Lagos, Nigeria and Cape Town, South Africa, expanding its reach and presence in Africa. Since launching in 2008 it has already invested over $20 million in African startups.
Peter Pedroncelli, 7:43 am AFKI Original
For many global tech companies, investing in Africa is a strategy for growth that is allowing them to tap into a growing market that is full of great potential. Tech companies from across various sectors are looking to Africa for growth, with the likes of Facebook, Google and Microsoft all putting their money into the continent. Whether they are investing in infrastructure, skills or the startup ecosystem, these tech companies are boosting economies and creating jobs.
Peter Pedroncelli, 4:30 am
The Seedstars Africa Summit will be bringing together the best tech startup talent from around the African continent in December. The third annual Seedstars Africa Summit will take place on Dec. 14 in Mozambique, with all of the winners of the various Seedstars World competitions throughout Africa attending the event. Seedstars World holds these events in around 70 countries before winners are selected to take part in a grand final.
Peter Pedroncelli, 8:09 am
Truecaller, a Swedish mobile spam-blocking app that is popular with users throughout Africa has chosen to set up its regional headquarters in South Africa. The app, which has over 250 million users worldwide, and a fifth of those in Africa, has announced it will launch its regional headquarters in South Africa. Truecaller is the world’s largest verified mobile phone community dedicated to helping users to avoid and block spam calls and messages.
Peter Pedroncelli, 6:15 am AFKI Original
The winners of the Appsafrica.com Innovation Awards 2017 were recently crowned, with a number of mobile apps recognized in various categories. The awards celebrate the best in mobile and tech ventures from across Africa. The annual awards attracted over 300 submissions from across 31 countries judged by an independent panel of leading industry experts, with the winners announced at the awards party in Cape Town last week.
Peter Pedroncelli, 6:55 am
Google has launched a mentorship program that is specifically focused on supporting African tech entrepreneurs, with a new Google Launchpad space now available in Nigeria. Google Developers Launchpad Africa, which will operate from a new Google Launchpad Space in Lagos, is a mentorship program that aims to provide tech startups based in Africa with the tools to build sustainable businesses.
Peter Pedroncelli, 3:06 am
A continental roadshow has been planned in order to create awareness of the new DotAfrica top-level internet domain, which was officially launched in July this year with the backing of the African Union and member states. The roadshow, which will begin early in the new year, will start off in Botwana and pass through numerous African countries in order to spread the word about DotAfrica, ending at the top of Mount Kilimanjaro.
Peter Pedroncelli, 5:43 am
South African fintech company JUMO has secured a $24 million loan facility which will be dedicated to the firm’s expansion into Africa and Asia. The substantial investment was provided by London-based Gemcorp Capital along with Finnish development finance company Finnfund, which contributed $6 million of the $24 million. The financial services platform for emerging markets, analyzes user data collected from mobile phones and offers tailored financial products based on that analysis.
Peter Pedroncelli, 5:37 am
Truecaller, a Swedish mobile app that provides the identity of unknown callers, has launched its developer program at an event in Nigeria. Having recently signalled its intention to expand across Africa, Truecaller launched a developer program for African coders at the CcHUB, Africa’s leading social innovation centre. The event was held by the company in order to launch the program and explain their expansion plans throughout the country and the region.
Peter Pedroncelli, 9:16 am
South African telecommunications giant MTN has launched a new incubator program for tech startups in Ivory Coast. The incubator, which is called Ye’llo Startup, is aimed at helping young entrepreneurs to design and deploy digital solutions through their startups. A selection of 10 startups will be given the chance to feature in the first incubation cycle, which will run over a one-month period from Nov. 30 to Dec. 31, 2017.