Kenya: Latest News
Staff, 7:16 am
Led by serial entrepreneur Jorn Lyseggen, Meltwater Entrepreneurial School of Technology (MEST), is a Pan-African entrepreneurial training program, seed fund, and incubator that was created for the purpose of realizing talent and merging it with opportunity. MEST has been the backbone of a number of world-class African tech and software companies. Leading the pack with inspiring examples of African startup exits such as medical claim handling company ClaimSync and mobile chat app Saya Mobile.
Peter Pedroncelli, 6:35 pm
Aaron Fu was recently appointed as the new managing director of Meltwater Entrepreneurial School of Technology, a training program, seed fund and Africa’s largest tech incubator based in Ghana. The incubator has links throughout Africa, and since launching in 2008 it has already invested over $20 million in African startups. Over 350 individual entrepreneurs have graduated from the training program and over 30 tech startups have been launched thanks to its support.
Peter Pedroncelli, 6:38 pm AFKI Original
The World Bank Group is committed to supporting the growth of Africa’s digital economy through XL Africa, a business acceleration initiative that is providing a raft of benefits for the 20 most promising startups in sub-Saharan Africa. These African digital entrepreneurs have an opportunity to be mentored by various global specialists, increase their visibility on the continent and receive access to corporate partners and investors.
Peter Pedroncelli, 4:45 am
The new dotAfrica internet domain continues to attract interest, with thousands registrations taking place for the top-level domain. The dotAfrica top-level internet domain attracted over 8,000 registrations since its launch in July this year, displaying a popularity for the domain among businesses, organisations and individuals, with brands such as banks and media companies ensuring that they captured a domain for themselves.
Peter Pedroncelli, 10:14 am AFKI Original
Africa is home to some of the strongest militaries in the world, with one North African country in particular featuring in the top 10 of the global list. Global Firepower produces an annual military ranking that takes into account 50 factors to determine a list of the most powerful armies in the world from a selection of 133 countries. Here are the 13 African countries with the strongest militaries.
Staff, 8:52 am
The IFC is investing $6M into Africa’s Talking, an African mobile tech provider. The Nairobi-based start-up offers bulk SMS, short code and premium SMS, in addition to customized mobile messaging solutions for its customers. The IFC is the largest global development institution focused exclusively on the private sector in developing countries. The funds have been earmarked for the expansion of Africa’s Talking, with the IFC aiming to help it utilize more markets than the current seven countries.
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.
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.
Peter Pedroncelli, 7:05 am
Facebook plans to roll out its Developer Circles initiative in four cities across South Africa, which serves to allow members to interact and learn about developing on the social media platform. The free community-driven initiative will now be available to developers in Johannesburg, Cape Town, Durban and Pretoria. Developer Circles members meet up on a regular basis to discuss projects that they are working on and assist each other in solving problems.
Peter Pedroncelli, 6:02 am
Google’s emerging markets startup accelerator, Launchpad, has expanded to seven additional African countries from the original three eligible for the program since May of this year. This means that growth stage startups in Algeria, Egypt, Ghana, Morocco, Tanzania, Tunisia, and Uganda can now apply to be part of the accelerator program. Previously the only three African countries considered for applications were South Africa, Kenya and Nigeria.
- Real Estate