TECH STARTUP

Nigeria’s CcHUB fully acquires Kenya’s iHub

Nigeria’s Co-creation Hub (CcHUB) has announced the acquisition of Kenya’s iHub. This is the first time in Africa that a technology hub is acquiring another. Arguably two of Africa’s most reputable and impactful technology hubs, CcHUB and iHub, will now come under one management in this landmark move. Although the cost of the acquisition remains undisclosed, Techpoint has confirmed that it’s a full acquisition. iHub’s team … Continue reading Nigeria’s CcHUB fully acquires Kenya’s iHub

Discover

Government, Africa50 to establish firm to develop Kigali Innovation City project

The Government of Rwanda and Africa50, a pan-African infrastructure investment firm will set up a joint venture company that will be involved in developing, financing, constructing and operating commercial components of the Kigali Innovation City. Africa50 is a special-purpose vehicle for infrastructure project financing in Africa founded by the African Development Bank, and different African governments. The agreement signed Tuesday with Rwanda Development Board representing government will … Continue reading Government, Africa50 to establish firm to develop Kigali Innovation City project

Education

SOUTH AFRICAN UNIVERSITIES ARE INNOVATING WITH IOT

The urgency to upskill budding entrepreneurs, businesses and youth to accommodate the wave of change brought about by Industry 4.0 is continuously accelerating in Africa. With innovation comes the need for economies to adapt and embrace the disruption. Through programmes such as SqwidNet’s IoT SA University Challenge, this is already happening. At the core of any thriving society lies the power, will and ambition to innovate … Continue reading SOUTH AFRICAN UNIVERSITIES ARE INNOVATING WITH IOT

AGRICULTURE: INNOVATION RUSH AIMS TO HELP FARMERS, RICH AND POOR, BEAT CLIMATE CHANGE

In decades to come, African farmers may pool their money to buy small robot vehicles to weed their fields or drones that can hover to squirt a few drops of pesticide only where needed. Researchers also are trying to train crops like maize and wheat to produce their own nitrogen fertiliser from the air – a trick soybeans and other legumes use – and exploring … Continue reading AGRICULTURE: INNOVATION RUSH AIMS TO HELP FARMERS, RICH AND POOR, BEAT CLIMATE CHANGE

My 13-Year Odyssey Through the Ethiopian Tech Industry

After having worked at Addis Ababa University — as a fresh graduate of Computer Science — for only two years, I decided to strike out on my own into the fledgling IT private sector. In 2005, along with my friend and co-founder, we set up a Private Limited Company (PLC) that was to provide a range of IT services. Alas, 13 years later, and after … Continue reading My 13-Year Odyssey Through the Ethiopian Tech Industry

African Startups

10 more African countries are working towards local Startup Acts

Development of Startup Acts, entrepreneurship policies or policy visions are ongoing in at least 10 African countries as efforts continue to legislate to ensure the growth of startup ecosystems on the continent. he first specific startup law globally was passed in Italy in 2012, while Africa’s first Startup Act was passed by the Tunisian government last year. Both Senegal and Mali are also making progress towards passing startup-focused legislation. … Continue reading 10 more African countries are working towards local Startup Acts

African Startups

Nigerian fintech startups PiggyVest and Cowrywise are scaling up to become digital banks

Earlier today, users of Nigerian online savings and investment platform PiggyVest received emails introducing them to “NUBAN Account Numbers for PiggyVest”. The new feature allows users to fund their PiggyFlex accounts via a dedicated bank account number from Providus Bank. The PiggyFlex Account, launched in June 2018, is a sub-account where all interests earned on PiggyVest are paid to users. According to the mail, users can … Continue reading Nigerian fintech startups PiggyVest and Cowrywise are scaling up to become digital banks