After a rigorous and competitive process, 11 innovation-driven Artificial Intelligence (AI) startups from Ghana, South Africa, Rwanda, and Uganda have been selected to take part in this edition of the ‘Africa AI accelerator program‘, hosted by Ghana Tech Lab in partnership with the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH…
Author: AdeO
MTN Nigeria has launched ‘The RevvProgramme’ aimed to mitigate the effects of COVID-19 on Small and Medium Enterprises (SMEs). This is in line with the digital economy drive of the government as espoused in the National Digital Economy Policy and Strategy (NDEPS), which is closely linked to empowering SMEs as…
Fortnite disappeared from the Apple App Store and Google playstore last week after Epic Games introduced its own payment system. For those who’ve downloaded Fortnite at least once in the past but perhaps offloaded it or removed it manually, there is still a way to reinstall the game on your iOS device of choice.…
23 young innovators and tech firms have been awarded a total grant of N100 million by the Lagos State Government to pursue various technology-driven innovations across the six pillars of the development agenda of the Babajide Sanwo-Olu administration. The recipients are the first set of beneficiaries to be picked to…
Bolt, the ride-hailing company, has launched a new ride option called “Bolt-Lite” in Accra. The Bolt Lite which is already available for users in Kumasi is 15% cheaper and offers customers the opportunity to pay less for their trips. Bolt Lite option is an option for Bolt drivers who can…
The 2020 Africa’s Business Heroes (ABH) prize competition, a flagship philanthropic program established by the Jack Ma Foundation’s Africa Netpreneur Prize Initiative (ANPI), has shortlisted the top 20 finalists competing for a spot at this year’s finale. The twenty entrepreneurs are one step closer to the finishing line as they impressed the…
Fawry, an Egyptian electronic payments company can now be referred to as a unicorn company after the company reached a market cap of $1 billion. This announcement was made on LinkedIn post by Mohamed Okasha, Fawry’s former Managing Director. Ashraf Sabry and Mohamed Okasha founded Fawry in 2009. It offers digital payments…
Global Startup Ecosystem (GSE) is the world’s first digital accelerator and leads today as one of the largest digital ecosystem development platforms. With a mission to educate, inspire and prepare individuals and organizations for the digital age, GSE brings together both private and public stakeholders to address humanity’s greatest challenges…
Jumia recently announced its financial results for the quarter ended June 30, 2020, with the report showing significant progress on the path to profitability. In the highlight of the report, Jumia recorded improvement with increase in gross profit and decrease in operating loss compared to previous year. As contained in…
Elon Musk, the CEO of Tesla and SpaceX, has become the fourth-richest person in the world after his net worth increased to $84.8 billion after gains nearly $8 billion ($7.78 billion) in a single day. According to the Bloomberg Billionaires Index, Musk’s wealth jumped after a tech rally on Wall…
Registered youth-based organisations in Kenya have been invited to apply for the Creatives Innovation Challenge COVID-19 grant. The grant is part of the United Nations Development Programme’s (UNDP’s) Accelerator Lab response and fights against misinformation in the country, with an emphasis on reaching across ethnic and minority divides. With this grant, the…
The Federal Government of Nigeria has announced an imminent plan to replace the current plastic national identity card with a more seamless digital process to be domiciled in the National Identity Management Commission (NIMC). The Minister of Interior, Rauf Aregbesola said the use of Identity Card (ID) was for convenience…
The Lagos State government (LASG) has reversed the plan to impose a 10 percent service charge on every trip made through e-hailing platforms like Uber and Bolt. The Commissioner for Transport, Dr Frederic Oladeinde, made this known to newsmen, after a three-hour meeting of Gov. Babajide Sanwo-Olu, some executive council…
The total number of unemployed Nigerians is 21,764,617, according to National Bureau of Statistics (NBS). The statistics are contained in the bureau’s Labor Force Statistics website, entitled “Unemployment and Underemployment Report (Q2 2020) released in Abuja. It referred to the report as an Abridged Labour Force Survey under COVID-19 for…
Apple and Google have removed the popular game Fortnite from their app stores after Epic Games launched a direct payment plan that bypasses Google Play store and Apple App Store. The reason for the action of both tech giant is because they take a 30 percent cut from in-app revenue purchases in games.…
MAXNG, a Nigeria logistics startup, has launched electric motorcycles for the Nigerian market. The new release, MAX-E series has been under development for over 24 months. Following a satisfactory piloting phase, the new electric motorcycles have been launched in Ogun State, South-West Nigeria. Their first intention was to move to…
Tanzanian start-up Kilimo Fresh, a digital distributor of fresh produce to hotels, restaurants, supermarkets, institutions, wholesalers, and export markets has been named the winner of the MEST Africa Challenge, winning US$50,000 in equity investment. Moussa Africa and BAG Innovation came in as 1st and 2nd runner up respectively. Debo Engineering was…
Headphones are important accessories that most times, you cannot do without. Good quality headphones aren’t cheap and failing to take good care of them can cause their sound performance to deteriorate over-time or lead to complete damage. So, here are ways to help you to preserve your earphones and make…
Jumia recently released its second-quarter (Q2) 2020 results, and one of the key points of the result was that it has reached an agreement that will put a stop to the litigation. Following allegations of impropriety in some of its reported numbers leading up to the celebrated NYSE listing, Jumia…
AUDA-NEPAD (the African Union Development Agency) has announced the launch of the MSME Academy, in partnership with Ecobank Group. Spearheaded under the AUDA-NEPAD “100,000 MSMEs by 2021” (100K MSMEs) programme for Africa’s Micro Small and Medium Enterprises, the Academy provides easy access to practical training and resources on financing…