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Digital

[Apply] Suguba Investment Readiness Program For Digital Francophone West Africa Startups

Suguba in partnership with Mercy Corps and the French Development Agency (AFD) is organizing its second 6-month investment readiness programme in Francophone West Africa to support the 8 most promising startups digital sector. The second programme is tagged Afrikhaliss and it is aimed at digital startups with impactful solutions for local and regional value chains. The program targets companies that already have a product or service on the market and are generating revenues. However, applications from companies not yet generating revenue will also be considered. Eligible companies are based or generate at least 75% of their turnover in one or more of the following markets in Francophone West Africa: Benin, Togo,...

Africa-focused fintech Chipper Cash nets $13.8m Series-A round

African fintech startup Chipper Cash has closed a $13.8 million Series A funding round led by Deciens Capital.It’s been two years since its establishment and Chipper Cash has raised $22 million on total capital, providing mobile-based, fee-free P2P payment services in seven countries: Ghana, Uganda, Nigeria, Tanzania, Rwanda, South Africa and Kenya.According to the co-founder Serunjogi, the company will utilise its latest round to hire up to 30 people across operations in San Francisco, Lagos, London, Nairobi and New York. African transnational fintech startup Chipper Cash has closed a $13.8 million Series A funding round led by Deciens Capital, with aims to recruit 30 new workers...

Morocco Launches Exceptional Support Program for Artists, Authors

The Kingdom of Morocco has highlighted the importance of arts and culture as a vehicle not only for national reorientation and foreign policy projection but also to encourage young talents. This was made known by the Moroccoan Minister of Culture, Youth, and Sports, Othman El Ferdaous, who announced the launch of an exceptional program to support cultural actors from the worlds of art and books amid the socio-economic crisis due to COVID-19. El Ferdaous detailed the ministry’s decision on his social networks, including Facebook and LinkedIn. The minister said his department is aware of the national contributions of creators such as artists and writers and their efforts to...

TELECOMSAirtel Africa at 10: yuMobile subscriber, Tigo Rwanda acquisitions, $1.25bn raise and other milestones

Airtel Africa has achieved milestones in the telecoms and mobile money industries within the last 10 years. Over the past decade, Airtel Africa with a presence in 14 countries in Africa, primarily in East, Central and West Africa, has supported social transformation across the continent by enabling millions of people to access data services and be part of the financial system. Airtel Africa’s voice, data and mobile money services are driving growth and Transforming Customers’ lives. Airtel Africa provides voice services to 110.6m customers, data services to 35.4m customers and mobile money services to 18.3m customers. The company had a turnover of $3.4 bn in the last financial year. Read...

GoBear accelerates its transformation to become Asia’s leading financial services platform with US$17M fundraised

GoBear, a Singapore-based financial services platform, raised US$17M in fifth funding. Backers included existing investors Walvis Participaties and Aegon N.V. The company intends to use the funds to accelerate development of its financial services platform. Led by Adrian Chng, CEO, GoBear provides an alternative data powered financial services platform for insurance, banking and lending products. Alternative data – including consumer behaviour and digital footprints – gives the company insights to assess and price risk, work with partners to identify market gaps, and cocreate financial products. Having commenced in Singapore since early 2015, the company is now in 7 markets: Hong Kong SAR, Indonesia, Malaysia, the Philippines, Singapore, Thailand...

[APPLY] MARINE INSTITUTE CULLEN SCHOLARSHIP PROGRAMME 2020

Marine Institute Cullen Scholarship Programme 2020. The Marine Institute is pleased to announce a call for proposals from academic institutions to host Cullen Scholars and provide research training opportunities for scientists in marine and related disciplines leading to the acquisition of a higher degree (PhD). Proposals are invited from suitable research supervisors at Higher Education Institutions on the island of Ireland with the necessary competence to host/co-supervise the Cullen Scholar in collaboration with the named Marine Institute Supervisors. The Cullen Scholars will be based primarily at a Marine Institute location during their Scholarship in Fisheries Ecosystems Advisory Services (FEAS – Galway and Newport) Irish Maritime Development Office (IMDO...

Afriscaper Research Report: Nigeria Mobile Phone Market

Scroll to bottom of the page here and download full power-point version of the report Afriscaper Research & Consulting recently executed a Nigeria Mobile Phone Market research project & report on behalf of KaiOS, focusing on Internet Usage. You can check out the report on the KaiOS website, by scrolling to the bottom of the page for the Afriscaper reference and to download the full powerpoint version. A massive project which covered several states in Nigeria, across the various geo-political locations, the outcome of the research revealed deep insights & data, several trends, factors and socio-economic drivers influencing the proliferation of mobile devices and internet usage among...

Weekend Feature: COVID-19 Highlights Digital Divide in Emerging Markets

Introduction The COViD-19 pandemic has caused the shut down of schools, airports, restaurants, entertainment venues, places of worship, offices and more locations all over the world. In emerging markets across Asia, LATAM, Africa and parts of Europe the digital divide has never been this pronounced. The Internet provides alternatives in developed markets In developed markets, the internet has helped to overcome some of the challenges. For the challenge of schools being shut down, the education sector resorted to online classes; for businesses, video conferencing has become the new normal; for shopping, ecommerce platforms and delivery services have been leveraged; for entertainment, people have been drawn to video streaming services. A...

Africa Data Science Intensive (DSI) Program 2020 for African Students (Fully-funded)

Application Deadline: 31st May 2020. Note due to the impact of Covid-19, this year's program will still be divided into 4-modules but the first 3 will be done online and the final module will be a 2-week workshop hosted in Cape Town in January 2021. You will only be eligible to attend the final workshop upon completion of the first 3 modules. About the Award: Big Data, data science, machine learning and artificial intelligence are driving a revolution around the world as companies rush to take advantage of their data and turn it into a competitive advantage. However there is a shortage of skilled data scientists and managers worldwide...

Development Partners International invests $56mln in Sicam

Development Partners International (DPI), through its third fund, made a $56 million investment in Société industrielle des conserves alimentaires (Sicam). The transaction represents the second commitment of African Development Partners III (ADP III) and the first in the Tunisian agribusiness sector. Created in 1969, Sicam, which is wholly controlled by the Tunisian conglomerate Groupe Bayahi, is the leader in the Tunisian tomato market. The private equity fund manager DPI is joining forces with the Bayahi Group to strengthen its position on the Tunisian market and steer its international expansion strategy. Related Articles: After Years In Search Of Funding, South Africa’s Ed-tech Startup Syafunda Raises $140k Funding To Scale “Tunisia...