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Events & Call For Entries

TechCabal Live with Tokunboh Ishmael

Topic : Building in Africa This Friday, July 31st, for the 6th episode of "Building in tough times" we are interviewing, Tokunboh Ishmael - co-Founder and Managing Director of Alitheia Capital whose portfolio companies include MAX, Lidya and Tomato Jos. Alitheia Capital is one of the continent's most prolific local investors. Ms Ishmael has a 20-year experience spanning investment banking, private equity investing, technology and new business development on and off the continent. She will answer questions including: How do founders navigate the unique regulatory risks of building in Africa?How should startups react and what perspectives should they keep in mind during and after the ongoing health and economic...

Venture Capital 4 Africa calls for African startups looking to raise US$150k – US$1M

VC4A is calling for African startups looking to raise between $150K and $1M. In collaboration with technical partner AWS Activate, and network partners AfriLabs and ABAN, VC4A will be hosting the exclusive Venture Showcase – Seed in November as part of a virtual gathering of Africa-focused early-stage investors. Via this campaign VC4A will select 10 innovative early-stage startups to showcase their business to the world. A requirement is that you are based in Africa and your tech-enabled solution is already on the market, you are able to show some traction and you have expansion plans in mind. Since 2017, VC4A has showcased growth-stage startups as part of the annual Africa Early...

Daily Digest Tuesday 28 July 2020

Funding In Southern Africa Alrosa signs a joint venture with ZCDC to develop diamond deposits The Government of Zimbabwe is on the verge of striking a US$450 million deal with a diamond mining company for the production of 850 000 carats of diamonds, through the Zimbabwe Consolidated Mining Company, as part of efforts to increase earnings to US$1 billion by 2023.Read more Funding In East Africa Vital Capital Sets Up A $5 million Fund To Support Businesses Affected By Covid-19 In Kenya And How To Apply Impact investment firm Vital Capital has announced a collaboration with the U.S. Government’s Kenya Investment Mechanism (KIM). KIM is a five-year...

The Protected Plant: Assessing cyber security risk and building your roadmap

Date: Wed, Aug 5, 2020 5:00 PM - 6:00 PM CST Show in My Time Zone The old adage “you can’t manage what you can’t measure” is a fitting statement when it comes to industrial cybersecurity. You’re required to have a complete understanding of industrial vulnerabilities, threats, and their impacts, as well as address an increasing amount of mandated security compliance requirements. With the acceleration of remote operations, digital transformation initiatives, and the convergence of IT/OT, assessing your plant network for vulnerabilities is a critical step to lower operational risk and develop a roadmap to ensure your plant is protected. Join Power Engineering International and Baker Hughes...

AfricaCom 2020 Symposium Day 1

Date: Tuesday, August 18, 2020 Time: 11:00 AM South Africa Standard Time Duration: 3 hours Summary Join AfricaCom and Connecting Africa for a special two-day digital symposium that will discuss the most impactful issues driving the continent’s tech and innovation ecosystems. DAY ONE - Session 1 @ 11:00 AM SAST African Telecoms Outlook 2020 Speakers: Paula Gilbert, Connecting Africa editor This year did not begin the way most people expected it to, so what does the future of the telecoms sector look like in Africa in 2020? In this Connecting Africa online event, local analysts and industry stakeholders will discuss what African operators’ priorities for the year should be and the most significant market trends expected to dominate in 2020. Will...

Nigeria’s Access Bank gets $50mln IFC loan

The International Finance Corporation, the private sector arm of the World Bank, has approved a loan worth $50 million to Nigeria’s Access Bank to help it support SMEs facing cash strain due to the coronavirus pandemic. The resource has a maturity of 12 months with an undisclosed interest rate. “The funds from the loan, made through IFC’s global COVID-19 fast-track financing support package, will allow Access Bank to provide increased trade financing and working capital to their business clients experiencing disrupted cash flows, hence supporting business activity and preserving jobs,” the international body said in a statement. The global COVID-19 fast track facility, launched in March 2020, is...

Inviting African Startups for the NINJA Business Plan Competition in Response to COVID19

The Japan International Cooperation Agency (JICA) that coordinates official development assistance for the Japanese government in developing countries, has announced the launch of the NINJA Business Plan Competition for businesses emerging during the COVID-19 outbreak. NINJA is short for Next Innovation with Japan. The NINJA Business Plan Competition will target startups and organizations from 19 African countries. The application is open for startups/organizations in all sectors with a specific focus on emerging businesses in COVID-19-related fields including, but not limited to: Health: Online healthcare support; disease-testing solutions; medical data sharing and privacy protection solutions; distribution of drugs and medical equipment; IoT, including 3D printers, in the medical fieldDisaster management: Geo-tracking during...

EAIF anchors Helios Towers bond issue

The Emerging Africa Infrastructure Fund (EAIF) has acted as an anchor investor in a bond issued in London on June 8, 2020 by HTA Group (HT), a whole owned subsidiary of Helios Towers. EAIF has invested $30m in the UK listed bond, which has a 5.5 year term and a coupon of 7%. Helios Towers operates over 7,000 telecommunications towers, mainly in Tanzania, the Democratic Republic of Congo, Congo Brazzaville and Ghana and has recently established a presence in South Africa.    Because of the global financial uncertainty caused by Covid-19 the African corporate debt capital markets were effectively closed. As a consequence, HT was initially cautious in its...

Tunisia’s One Tech Holdings secures US$26m from IFC to expand production, supply of mechatronics products

BVMT-listed OneTech received €23 million from the International Finance Corporation (IFC), to support its development in Tunisia, Morocco, and internationally. The financing will also be used to stimulate job creation and economic growth in these two Maghreb countries facing the effects of the covid-19 pandemic. “IFC’s continued support will help our company acquire new capacity, more sophisticated technology, and increase the production of higher value-added products, as well as develop renewable energy,” said Hedi Sellami, MD of One Tech Holding. “We also hope to further integrate research and development into our operations to become a vital link in the regional manufacturing value chain,” he added.   This news should...

MindCET Accelerator Demo Day #8 – Online Event

MindCET Accelerator's first online batch is coming to its final stage! Join us for our online demo day, and meet 8 amazing Edtech startups. About this Event MindCET Accelerator's first online batch is coming to its final stage! Join us for our online demo day, and meet 8 amazing Edtech startups. *An event link will be sent to you a few hours before the event begins. The Startups: Alpe - an on-the-go learning app, that leverages audio and interactive learning techniques My nursery - a full schedule of activities and resources for 0-6 year olds that are appropriate to the individual child’s interests and development level. EyeKnow - An AI/Computer Vision software platform that automatically...

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