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Daily Digest Tuesday, 1 September 2020

Latest News Meet The Entrepreneurs Shortlisted For Africa Prize For Engineering Innovation 2020 . The 2020 shortlist represents six countries, including, for the first time, Malawi. In addition, six of the 16-strong shortlist are female innovators.Read more Partnerships To Watch MONEYGRAM Partners With THUNES To Expand Digital Network And Mobile Wallet Capability The global partnership will see additional payment services progressively rolled out in two phases. The first will be in Africa where countries such as Kenya, Tanzania and Uganda lead the continent in mobile wallet usage, while the second will focus on Asia Pacific region and Latin America. Read more MFS AFRICA ANNOUNCES PARTNERSHIP WITH MONEYGRAM MFS Africa, a...

APPLY: New Economy Booster Programme In Nigeria And Ghana

Impact Hub Lagos and Accra are accepting applications for the New Economy Booster programme, which seeks to find actionable solutions to the challenges brought about by the COVID-19 pandemic across various industries including the creative sector.  It will be conducted in a non-linear schedule between September 2020 and February 2021. Early-stage creative ventures, startups, NPOs or initiatives contributing to the post-pandemic economic recovery in Nigeria and Ghana are encouraged to apply. The programme will be conducted virtually for seven months after which the successful candidates will receive a range of customised content and resources to develop and grow their business and network. They will be guided by a team of local...

Meet The Entrepreneurs Shortlisted For Africa Prize For Engineering Innovation 2020

The Royal Academy of Engineering (RAEng) has announced the names of 16 engineers and entrepreneurs who have been shortlisted for the 2020 Africa Prize for Engineering Innovation. The Africa Prize for Engineering Innovation awards crucial commercialisation support to ambitious African innovators who are developing engineering solutions to local challenges. The prize is sponsored by The Shell Centenary Scholarship Fund and the UK Government’s Global Challenges Research Fund. The academy said in that a unique package of support will be provided to the 16 shortlisted innovators over the next eight months to help them accelerate their businesses. The benefits of selection include comprehensive and tailored business training, bespoke mentoring, funding and access to the...

MFS Africa Announces Partnership With MONEYGRAM

MFS Africa, a pan-African cross-border payments company, has announced a partnership with MoneyGram, a global player in cross-border P2P payments and money transfers and this partnership will enable MoneyGram to leverage MFS Africa’s reach to mobile wallets and bank accounts across the continent. MFS Africa provides its partners with an reach across the African continent through its digital payments hub, which is the largest and most interconnected payments platform in Africa. Working in close partnership with MoneyGram, the partnership will provide a convenient, cost-effective, and secure African transaction channel for MoneyGram’s global customer base. Read Also: MONEYGRAM Partners With THUNES To Expand Digital Network And Mobile Wallet Capability MoneyGram’s...

The U.S. Embassy And AWEIF Announce The Academy For Women Entrepreneurs Program

The Embassy of the United States of America in South Africa has partnered with the Africa Women Innovation and Entrepreneurship Forum (AWIEF) (www.AWIEForum.org) to implement the 2020-2021 Academy for Women Entrepreneurs (AWE) South Africa program. Now in its second year, another 125 female entrepreneurs will be selected nationwide for an opportunity to receive virtual and in-person training and mentorship sessions for eight months.“AWE is a great opportunity for women entrepreneurs across South Africa to gain university-level business and management training, strengthen their networks, and grow as entrepreneurs.” said Embassy Public Affairs Officer Maureen Mimnaugh. She noted that “particularly in a post-COVID world, the tools for successful entrepreneurship will be more important than ever, and this program aims to support women in a recovering...

Moneygram Partners With Thunes To Expand Digital Network And Mobile Wallet Capability

MoneyGram International, a global leader in cross border P2P payments and money transfers, announced a partnership with leading fintech payment network, Thunes, which will enable MoneyGram’s customers to seamlessly send money directly to mobile wallets and bank accounts globally through the MoneyGram platform. The global partnership will see additional payment services progressively rolled out in two phases. The first will be in Africa where countries such as Kenya, Tanzania and Uganda lead the continent in mobile wallet usage, while the second will focus on tha Asia Pacific region and Latin America. According to the GSMA’s 2019 State of the Industry Report on Mobile Money, the mobile money industry is...

GFA Daily Digest Monday, 31 August 2020

Latest News Rwanda, Begins To Start Processing The "Start-up Act," 20 other African Countries to follow The Rwandan government has become the latest on the continent to start working on implementing a Startup Act, which it hopes will spur the development of the country’s tech-based services industry.  Read more ATU Africa Launches The Innovation Challenge To Support Young African Innocators To Present Their ICT Innovations The Africa Telecommunication Union(ATU) has launched the ATU Africa Innovations Challenge 2020; a competition designed to identify and support young African innovators who have developed mobile applications useful for benefiting the fight to contain COVID-19’ and possibly other emergency situations in Africa in future. Read More Funding...

ATU Africa launches the innovation challenge to support young African Innovators to Present their ICT innovations

The Africa Telecommunication Union(ATU) has launched the ATU Africa Innovations Challenge 2020; a competition designed to identify and support young African innovators who have developed mobile applications useful for benefiting the fight to contain COVID-19’ and possibly other emergency situations in Africa in future. According to the ATU Secretary General Mr. John OMO, top prize winner in the competition is expected to carry home a cash award of USD 5000 aside from being engaged in other mentorship and partnership programmes.  “This challenge will be instrumental in recognizing, testing and highlighting disruptive innovations and new business models that have the capacity to redefine Africa,” said Mr. OMO who also...

Rwanda, Begins To Start Processing The “Start-up Act,” 20 other African Countries to follow

The Rwandan government has become the latest on the continent to start working on implementing a Startup Act, which it hopes will spur the development of the country’s tech-based services industry.  The Startup Act will soon go to parliament in the Democratic Republic of Congo (DRC), and related laws and decrees are being worked on or explored in almost 20 African countries.  To bring this home, the Rwandan government has called upon Innovation for Policy Foundation (i4Policy); the same organisation that was instrumental to the feat achieved in both Tunisia and Senegal. i4Policy i4Policy, a pan-African community of over 160 innovation hubs in 45 countries across Africa, has launched a continental consultation to...

Webinar :Kalon Venture Partners, a registered Section 12J Venture Capital Company

Ventureburn will be hosting our first-ever free webinar series with the first session taking place on 1 September 2020.  Hosted in partnership with Kalon Venture Partners, a registered Section 12J Venture Capital Company, these informative webinars will offer insight into everything you need to know about Section 12J.  The webinar will take place on 1 September 2020 at 11am  Hosted by Ventureburn editor, Ishani Chetty, and venture capitalist Clive Butkow of Kalon Venture Partners, the webinar series will unpack the key elements of Section 12J.  Our first webinar topic will be covering a foundational understanding and the possible impending legislation changes of Section 12J.  Our first webinar will feature special guest, Tanya...

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