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Facebook Launches Africa’s First Online Community City Guide

South Africans especially dwellers and visitors to Johannesburg will be availed of the JoziPlug – Facebook’s first Community City Guide on the African continent. The initiative which was compiled and co-created by local Facebook Groups features unique and inspiring content about the city and is expected to add to the country’s tourism industry. Moreso, JoziPlug is aimed at showcasing Johannesburg’s “hidden attractions to visitors and members of the local community whilst supporting small businesses with their economic recovery” in the wake of the COVID-19 pandemic. Facebook says that since early this year, it has added more than 1.5 million people to a group related to the city of Johannesburg. The guide compiles “the...

Facebook Acquires Kustomer, A Customer Service Startup, For $1 Billion

Facebook has acquired Kustomer, a customer service CRM platform. The startup was founded by CEO Brad Birnbaum and Jeremy Suriel, the two had a previous startup that was acquired by Salesforce. Kustomer provides customer service agents with data from various channels to give a more unified picture of customers. Read also: 20 African Startups Share $350k At Africarena 2020 Kustomer has raised $174 million in private funding and had a valuation of $710 million. Although not officially disclosed by the social media giant, there are reports from inside sources that the acquisition was at $1 billion. “Omni-channel” is the term Kustomer uses to describe itself since it brings...

Why Mentorship Can Make Or Break Your Startup

Having a mentor when you start a business can be as important as the actual product or service you’re selling. While the research on the positive impact of mentorship is clear, so many entrepreneurs still don’t have a mentor.  The journey is long and challenging. To have a mentor as a guide during these early and crucial stages is essential. In 2019, a study was done to determine what South African small business owners and entrepreneurs gained from having a mentor. According to their findings, of the 209 South African recipients surveyed the majority of the respondents, 73.7% (154), had one or two mentoring relationships. Only 8.10% (17) had...

Facebook’s Investing $57 Billion in Africa’s Economy

Facebook released findings from The Impact of Facebook’s Connectivity Initiatives in Sub-Saharan Africa, a study conducted by Analysys Mason that highlights how Facebook investments in infrastructure and connectivity across the region will deliver over $57 Billion in Economic Benefits over the next five years (2020–2024). According to The Economist Intelligence Unit – Inclusive Internet Index 2020, over 800 million people in Sub-Saharan Africa are unconnected to the Internet. Facebook’s infrastructure investments and connectivity initiatives include the following: Investing in Infrastructure that supports Internet connectivity Submarine cables – Will enable an increase in the supply of international bandwidth, reduction in costs for ISPs and resulted in a combination of more connectivity and...

Facebook Invests US$5.7 Billion In Indian Telecoms Company

Tech companies have an interesting relationship with India. The country’s cheap data has meant that for smartphone manufacturers – getting their devices in the hands of as many Indians as possible has always been a priority. For social media and messaging companies, this cheap data has meant many Indians can utilise their applications unlike in many developing countries and one of the biggest beneficiaries of this is Facebook-owned WhatsApp. The instant messaging application is used by 400+ million users in India making the territory one of the most important to Facebook. This importance is set to grow with the tech giant, recently investing in Jio Platforms Ltd...

Facebook launches Community Accelerator programme across Africa

An evolution of the Facebook Community Leadership Programme (FCLP), this six-month accelerator programme provides training, mentorship and funding to help community leaders grow their communities. Up to $3 million in total will be awarded to 80 programme participants worldwide. Read more from source article: https://www.appsafrica.com/facebook-launches-community-accelerator-programme-across-africa/ Click here to subscribe for GetFundedAfrica Newsletters: https://getfundedafrica.com/pricing-plans/ ...

[APPLY] Facebook tables $3million for community leaders across SSA under Community Accelerator programme

In line with its mission to give people the power to build community around the world and its commitment to supporting the community leaders who drive change, Facebook is announcing the launch of the Community Accelerator programme which will be available in the following countries across SSA: South Africa, Kenya and Nigeria.  An evolution of the Facebook Community Leadership Programme (FCLP), this six-month accelerator programme provides training, mentorship and funding to help community leaders grow their communities. Up to $3 million in total will be awarded to 80 programme participants worldwide. Read more from source article: https://techeconomy.ng/2020/03/apply-facebook-tables-3million-for-community-leaders-across-ssa-under-community-accelerator-programme/ Click here to subscribe for GetFundedAfrica Newsletters: https://getfundedafrica.com/pricing-plans/ ...

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