Vodacom Business Africa (VBA) remains committed to supporting the ambitions of multinational businesses across the African continent, regardless of the global disruptions to businesses due to the Covid-19 pandemic. The business landscape is ever-changing; competitive barriers are disappearing making the speed and agility to market critical components in the digital…
Author: Tapiwa Matthew Mutisi
Comparison website Hippo.co.za has launched South Africa’s first free online comparison portal that assists local businesses in searching fiber-to-the-business (FTTB) connectivity packages and prices based on their location. Bradley Du Chenne, CEO of Hippo.co.za explains that the platform aims to ensure that business owners are able to access affordable options. “With many businesses trying…
AfricArena, in partnership with Délégation Générale à l’Entreprenariat Rapide des Femmes et des Jeunes, Senegal Government ( DER/FJ) and ITC United Nations #FastTrackTech Africa project has announced that the West Africa Summit will take place in Dakar, Senegal from 22 to 23 June 2021. Papa Amadou Sarr, General Delegate of…
SA fintech startup Mortgage Market has been nominated in the prestigious 2021 African Banker Award under the category of “Innovation in Financial Services Award”. As the only South African company nominated under the category of “Innovation in Financial Services Award”, The fast-growing local fintech has been nominated for its innovative financial offering…
The Department of Small Business Development has launched The Township and Rural Entrepreneurship Programme (TREP). The programme aims to promote and integrate business opportunities in townships and rural areas. TREP aims to create platforms that provide business support infrastructure and an environment where entrepreneurship can thrive and grow. The initiative will be…
Based in Germany, The Federal Development Ministry (BMZ) has launched DeveloPPP Ventures, a programme that aims to empower Kenyan startups by providing entrepreneurial support and a grant of up to €100 000. The funding will reportedly be distributed by DEG – Deutsche Investitions- und Entwicklungsgesellschaft mbH via a matching-funds model. DEG provides grant funding to…
Classic 1027 has partnered with Sum of 21 to launch The Small Business Booster Programme with an aim to assist local businesses. The funds raised through the Enterprise and Supplier Development grant will be provided to selected SMMEs. The funding will be used towards marketing and branding campaigns to support local SMMEs. Janhendrik Oosthuizen,…
SA fintech startup Cumulate has partnered with Discovery Bank to launch an advanced online financial education platform called Worth. Gary Kayle, CEO of Worth highlights the importance of financial education in empowering individuals. “Worth is Discovery Bank’s financial education partner, and we’ve relished working with the Discovery team as they build the world’s first shared-value…
Abuja-based AgriTech startup Thrive Agric has launched a one-year project that aims to support 50 000 smallholder farmers that grow rice, maize, and soybean in Nigeria. The initiative forms part of the agritech’s commitment to strengthening value chains in the country. The programme is being supported and conducted in collaboration with…
Dream-VC Fellowship, a Venture Capital Institute, has launched a new fellowship programme that is dedicated to providing more access and opportunities to traditionally underrepresented individuals in the African VC space. Cindy Ai, cofounder of Dream VC explains the importance of growing the number of young African investors and what role…
Ugandan Fintech Emata that gives farmers access to digital and affordable financial products has been announced as the winner of the Best Catapulter Award at the end of the CATAPULT: Inclusion Africa 2021 digital bootcamp. The award was announced at the end of CATAPULT: Inclusion Africa’s digital pitching ceremony held on 27…
Shares of Samsung Publishing Co., the second-largest shareholder in the producer of “Baby Shark,” viral YouTube song soared on Wednesday after a tweet by Telsa CEO Elon Musk about the viral children’s song. Shares of Samsung Publishing in South Korea soared more than 10% at one point during regular trading…
Going to grab a bite at a Tesla burger joint soon? Well, it looks like Tesla CEO Elon Musk might be serious about opening a 1950s-style diner at a Tesla Supercharger station after Tesla filed a new trademark for its brand under restaurant services as the automaker is expected to…
A leading video e-learning platform in the MENA region, Almentor.net has secured $6.5-million in a funding round led by Partech with participation from Sawari Ventures, Egypt Ventures, and Sango Capital. According to reports, the recent raise of funding brings the total financing that the company has garnered since its inception…
The Ford Motor Company, commonly known as Ford recently announced that it’s doubling down on electric vehicle development it will invest $30 billion in electrification efforts by 2025. The automaker also pledged that 40% of its vehicles sold by 2030 will be electric. Ford had previously announced plans to spend…
Facebook Inc recently launched new ways to inform people if they’re interacting with content that’s been rated by a fact-checker as well as taking “stronger” action against people who repeatedly share misinformation on Facebook. Whether it’s false or misleading content about COVID-19 and vaccines, climate change, elections, or other topics, Facebook…
The group behind the SolarWinds cyber attack identified as Nobelium late last year is now targeting government agencies, think tanks, consultants, and non-governmental organizations, Microsoft Corp said on Thursday. “This week we observed cyber attacks by the threat actor Nobelium targeting government agencies, think tanks, consultants, and non-governmental organizations”, Microsoft said…
Iran has banned the energy-intensive mining of cryptocurrencies such as Bitcoin for nearly 4 months, President Hassan Rouhani said on Wednesday, as the country faces major power blackouts in many cities. “The ban on the mining of cryptocurrencies is effective immediately until September 22 … Some 85% of the current…
Earlier this year we reported that the Chinese military had banned Tesla vehicles from entering its complexes, and housing compounds because of concerns about sensitive data being collected by cameras built into the vehicles, which Elon Musk, the Chief Executive Officer (CEO) of Tesla downplayed espionage concerns from China, adding that…
Never mind the GPUs used for process-intensive mining of Bitcoin, new cryptocoin Chia is driving up hard disk drive prices by its own processing needs, which are based on storage capacity. Chia Network Inc., a blockchain and digital currency platform founded by BitTorrent creator Bram Cohen, has more than doubled…