Africa
Smart Cities Innovation Programme
Thirty-one African tech startups have been selected to take part in the Smart Cities Innovation Programme, which will help them scale up their products and services to boost urban transformation.…
Read MoreA Third African Unicorn for 2021
Tech firm Andela, which matches software developers from Africa and other emerging markets with global clients, has become a unicorn after raising $200m in a Series E funding round led…
Read MoreAfrica’s First Cashless Society?
The Somali Central Bank introduced a central payments system in August which connects the nation’s 13 lenders, and formalises digital payments, making payments easier for people across the country. With…
Read MoreForeign Direct Investment in Africa – Nigeria Pushes Kenya off the top spot
Investors from Silicon Valley to China have caught the African fintech bug. Lagos is attracting the lion’s share of investments after stealing Nairobi’s crown as leader of Africa’s tech revolution.…
Read MoreNews from Africa
PAPSS is Launched to ensure payments between the African States A way to achieve seamless intra-Africa trade under the terms of the Africa Continental Free Trade Area (AfCFTA) was strengthened…
Read MoreEthiopia opens bidding for a Second Independent Telecom
Last month we reported that MTN had withdrawn from the Ethiopian market having failed to get the telecom license it wanted. But Ethiopia sold only one of two full-service licenses…
Read MoreEgyptian e-Learning Platform Expands
EYouth, which provides online interactive educational programmes for individuals aged between 18 and 35, is targeting international growth after seeing more than 750,000 people complete its courses so far. Founded…
Read MoreGhana Concentrates on the Digital Economy
The past year has been a year of forward-looking initiatives for Ghana’s digital infrastructure. The use of mobile money, door-to-door delivery via courier services, and internet usage for business operations…
Read MoreGhana plans Digital Currency (CBDC), while Nigeria Continues to be Africa’s Largest User of Crypto-currencies
On 11 August, the Bank of Ghana announced that it had partnered with Giesecke+Devrient to pilot a retail CBDC in Ghana. The Bank of Ghana confirmed that the digital currency…
Read MoreNigeria Contemplates New Restrictions on the Digital Economy
This Newsletter has previously reported on Nigeria’s sudden bans on cryptocurrency trading and Twitter. Now according to Techcrunch, a new bill to reform the country’s technology regulator is concerning the…
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