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Daily Digest Monday 2, November 2020

Guest Contribution Disruptive Digital Solutions Is Rewiring The DNA Of Banking Imagine a bank whose customers can tap on a wearable device to make a payment, regularly receive updates on changes they could make to their investment portfolio through AI-generated insights. Read more Funding In East Africa DPA & Mettle Solar Invest US$1.2 million Into East Africa Data Centre Solar Plant Mettle Solar is a Gridworks investee company that is financed by CDC Group, the UK’s development finance institution. If the name CDC Group sounds familiar, that’s because a couple of days ago the group announced that it was expanding its investment into Liquid Telecom. Read more Latest News Botswana...

How Gender Bias Compromises The Tech Sector [Opinion]

Linda Zwane, Head of Data Management at Standard Bank Eswatini, unpacks her experience in the tech space and how the gender bias compromises the sector. Linda Zwane It is not uncommon to hear criticisms of the tech sector for a significant lack of gender diversity at all levels, but specifically within decision-making positions. According to the World Economic Forum’s latest Global Gender Gap report, women make up less than 40% of the total workforce in the top tech companies, and when considering only tech-related roles they are even more underrepresented. This comes at a time when accelerated advances in tech fields like artificial intelligence are having a profound impact on the economy and...

DPA & Mettle Solar Invest US$1.2 million Into East Africa Data Centre Solar Plant

Distributed Power Africa (DPA) and Mettle Solar have finalised a US$1.2 million investment to install a 1MW solar plant for Liquid Telecom’s East Africa Data Centre (EADC) in Nairobi Kenya. A brief background on the players in the deal Distributed Power Africa (DPA) We have covered DPA here on a few occasions. The company has been very active on the continent when it comes to solar power. DPA’s has been behind solar power plants in South Africa, Ivory Coast, DRC and Zimbabwe. They have also been in partnership with local companies, for example, solar loan facility they ventured into with BancABC. Mettle Solar Mettle Solar is a Gridworks investee company that is financed by CDC Group, the UK’s development finance institution. If...

Botswana Tech Startup Launches Digital Marketplace For SMEs

A new Botswana-based tech startup, Ponatshego, has launched a platform that aims to assist African SMEs in transitioning to an online marketplace. In turn, SMEs are able to sell their products online, allowing a wider customer reach and an increase in overall sales and profits. Botswana startup launches digital marketplace platform Digital transformation for SMEs Founded in July 2020, Ponatshego falls under the umbrella of Essential to Survival, a company owned by African entrepreneurs, Motshidisi Joseph Ngaiti and William George Whittle. Ponatshego’s mission is to offer a platform that makes it easy for small and medium enterprises (SMEs) to transition to an online marketplace. There are competing platforms in Botswana,...

SAS Healthcare Webinar: Driving Intelligent Public Health Decisions through Data

The repercussions of COVID-19 on the healthcare sector will be felt for many years to come. The outbreak has stressed the need for early detection of such pandemics, preparing adequately and then bracing for impact. The projected long-term consequences of COVID-19 has also resulted in a reprioritization of the Healthcare agenda. In the midst of the current outbreak, digital health has taken the front seat and has become the future of efficient Healthcare. This webinar will discuss how data can be used effectively to drive executive decisions in Healthcare. COVID-19 has put a laser focus on how data and analytics are powerful tools for healthcare leaders to...

Daily Digest Thursday, 29 October 2020

Funding In Africa Digital Banking Platform, Fundall Raises $150,000 In Pre-Seed Funding As part of an upgrade to what was like a Beta phase where it directly served about 10,000 members and about 200 million in deposits, Fundall is directing the investment largely into the acquisition of a Microfinance Bank, as part of steps to further strengthen its operational framework and license to surpass both regulations and customer service expectations. Read more Opinion Corner Tips That Could Save Your Small Businesses [Opinion] As exciting and fulfilling as it is, financial risks and challenges are part of doing business. But any company can fail by making financial errors when...

Digital Banking Platform, Fundall Raises $150,000 In Pre-Seed Funding

As the Fintech industry continues to rethink how Nigerians manage money and transact funds, Fundall — one of its latest startups and direct challenger to “digital banks” like Kuda and Alat — has announced a pre-seed investment of $150,000 (One hundred and fifty thousand dollars) led by Black Knight Capital, a pre-seed and seed stage angel investment outfit. Read also: Mobile Money key To Africa’s Growth, But Bad Tax Policies Ruin It – By Bassim Haidar As part of an upgrade to what was like a Beta phase where it directly served about 10,000 members and about 200 million in deposits, Fundall is directing the investment largely into the...

Daily Digest Wednesday, 28 October 2020

Funding In West Africa Cameroonian Gaming Startup Kiro’o Games Raises $342k Via Crowdfunding To Invade Smartphone Games Market Building on the success of “Aurion’s Heritage of Kori-Odan”, which in 2016 became the very first video game made in Cameroon, Cameroonian startup Kiro’o Games has announced it has raised $342k as part of a fundraising campaign it launched in 2019. Read more Funding In South Africa Local Healthtech Startup Secures R10-million Funding As a Connected Care Platform offering virtual medical consultations, Udok will be utilising the funding to expand its offering across the country and further its partnership with Clicks Pharmacies. Read more Call For Application & Other Web-Events Agritech Startups In Africa Invited To Apply To...

Local Healthtech Startup Secures R10-million Funding

South African-founded and based healthtech startup, Udok has raised R10-million in a seed round of funding from FinX Capital, a local venture capital firm.  As a Connected Care Platform offering virtual medical consultations, Udok will be utilising the funding to expand its offering across the country and further its partnership with Clicks Pharmacies.  The startup reports that the funding will enable locals to access an Udok virtual practice at nearly 200 Clicks Pharmacies across the country.  Read also: Uganda Approves US$575m Tullow Stake Sale To Total  Dr Petrus van Niekerk, founder, and CEO of Udok comments on the partnership with Clicks stores and how it will enhance access to medical care...

Cameroonian Gaming Startup Kiro’o Games Raises $342k Via Crowdfunding To Invade Smartphone Games Market

Building on the success of “Aurion’s Heritage of Kori-Odan”, which in 2016 became the very first video game made in Cameroon, Cameroonian startup Kiro’o Games has announced it has raised $342k as part of a fundraising campaign it launched in 2019. Buoyed by the funding, the startup has announced the launch of its very first game on PlayStore. Read also: Cape Town Launches An Innovation Challenge For Entrepreneurs “We have delivered ‘Early Access’ our game (…), which allows any player to experience the life of a high official of the Imaginary Republic of Mboa in a comic fashion. It is the first time in world history that the life of...

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