Peter Pedroncelli

  • 9 Tech Startup Finalists In The Seedstars Dakar Competition

    MaTontine is the winner of the Seedstars Dakar competition. Photo - DisruptAfrica By Peter Pedroncelli, 5:15 am AFKI Original

    The Seedstars Dakar Competition served as the Senegalese leg of the global early-stage startups competition for emerging markets. The competition took place at the end of September, with 9 of the best startups aiming to be the representative from Senegal for the global final event next year, with more African countries taking part than ever before. Seedstars World holds these events in over 65 countries before winners are selected to take part in a grand final.

  • Airbnb Investing $1M In African Tourism Projects To Empower Communities

    Stylish Cape Town apartment listed on Airbnb. Photo: airbnb - Tourism projects By Peter Pedroncelli, 4:50 am

    Airbnb has made a commitment to invest $1 million in community-led tourism projects across the African continent over the course of the next few years. Airbnb, the mobile app-based hospitality booking site which allows people to make their homes or spare rooms available to visiting guests for a fee, will invest $1 million in community-based African tourism projects between 2018 and 2020.

  • Jumia Extending Online Small Business Loan Program To Vendors Across Africa

    Small business loan - Nigerian e-commerce - cashless e-commerce By Peter Pedroncelli, 5:41 am

    E-commerce giant Jumia have expanded their online small business loans program to more markets across the African continent. Jumia, Africa’s first startup unicorn, has extended the program they launched in May, providing the small scale loans to merchants in all of the African countries in which it operates. Jumia has partnered with San Francisco-based mobile lender Branch to provide the loans to vendors, with the program proving successful in Kenya since May.

  • Uber To Invest $20M In Egypt Support Center Over The Next Five Years

    Uber To Invest $20M In Egypt Support Center Over The Next Five Years By Peter Pedroncelli, 5:13 am

    Uber is committing itself to the Egyptian market despite economic difficulties in the country, announcing a new support center in the capital that will see an investment of $5 million. The taxi-hailing startup has launched a support center in Cairo, with $5 million set to be spent on the project over the next five years, creating employment for 700 Egyptians as a result. Uber had two million users and provided jobs for 60,000 drivers in Egypt last year.

  • 12 Top Young African Tech Leaders Of Tomorrow

    Tech leaders of tomorrow - JamboPay founder and CEO Danson Muchemi. Photo - MindSky By Peter Pedroncelli, 8:23 am AFKI Original

    Africa is fast becoming a key global tech market, and many of the tech leaders of tomorrow are emerging from the continent. Well-educated, innovative and with leadership qualities that make them stand out among their peers, Africa’s current crop of young tech influencers are impressive. From techpreneurs to investors, business leaders to top innovators, this list of African tech personalities who are under 40 years of age is testament to the growing influence that Africa has in a global context.

  • South African Bank FNB Recognized As Africa’s Most Innovative Bank

    Dot FNB branches - First National Bank By Peter Pedroncelli, 6:17 am

    Major South African banking institution, First National Bank (FNB), has been named as Africa’s most innovative bank at the 2017 African FinTech Awards for the second consecutive year. The bank was awarded the The Most Innovative African Bank accolade at this year’s African FinTech Awards in Johannesburg, recognizing FNB as a bank that is at the forefront of innovation.

  • Swedish Mobile App Truecaller Expanding Operations In Africa

    Mobile App - Truecaller is expanding operations in Africa. Photo - TruecallerBlog By Peter Pedroncelli, 7:12 am

    Truecaller, a mobile app that provides the identity of unknown callers, has announced an expansion plan for Africa that will see it become a priority region for the Swedish company. The Scandinavian firm will be hiring key African personnel, and it will also decide on a location, either in South Africa or Nigeria, where its African headquarters will be set up. Truecaller is the world’s largest verified mobile phone community dedicated to helping users to avoid and block spam calls.

  • 10 Fintech And M-Commerce Apps In Contention For AppsAfrica.com Awards 2017

    Fintech and m-commerce apps By Peter Pedroncelli, 1:15 am AFKI Original

    The shortlist of finalists for the Appsafrica.com Innovation Awards 2017 was recently announced, with a number of apps considered in the fintech and m-commerce categories. The awards celebrate the best in mobile and tech ventures from across Africa, with various categories included to recognize mobile apps that impact numerous industries and sectors. The annual awards attracted over 300 submissions from across 31 countries, with the winners announced at the awards party in Cape Town on Nov. 6.

  • Tech Startup Andela Secures $40M In Funding To Connect African Coders With US Firms

    African startups - connect African coders By Peter Pedroncelli, 5:51 am

    Andela, a startup that trains and outsources African coders to work for global firms, has secured a Series C round of funding to continue the company’s expansion. The Lagos and Nairobi-based startup that recruits Africa’s best software developers has successfully raised $40 million in the most recent round of funding. The substantial investment was led by Pan-African venture firm CRE Venture Capital, while other investors include DBL Partners, Amplo, Salesforce Ventures, and Africa-focused TLcom Capital.

  • Somalia Opens First Innovation Tech Hub To Support Local Startups

    African tech trends - Somalia's first ever innovation tech hub, iRise, has launched in Mogadishu. Photo - Techcabal By Peter Pedroncelli, 5:24 am

    Somalia’s first innovation tech hub has officially opened in Mogadishu, supporting the growth of tech startups in the African country. The tech hub in the Somali capital is called iRise Hub, and it provides a co-working space, as well as research, incubation, and acceleration services for new startups. This is a first for Somalia, but Tech hubs continue to drive innovation across Africa, with 314 hubs currently operational in 93 cities across 42 countries.