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,Continue reading “Nigeria’s CcHUB fully acquires Kenya’s iHub”

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. TheContinue reading “Government, Africa50 to establish firm to develop Kigali Innovation City project”

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 anyContinue 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 –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 aContinue reading “My 13-Year Odyssey Through the Ethiopian Tech Industry”

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 governmentContinue reading “10 more African countries are working towards local Startup Acts”

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 PiggyVestContinue reading “Nigerian fintech startups PiggyVest and Cowrywise are scaling up to become digital banks”

Google for Nigeria: All the Key Announcements at the #GoogleForNigeria Event 2019

Google made a couple of exciting announcements for its customers and partners in Nigerian and Africa during the 3rd edition of the annual Google for Nigeria event that took place on Wednesday, July 24 2019 in Lagos. Google launched new apps, added new features to existing offerings, and made other key announcements. In case youContinue reading “Google for Nigeria: All the Key Announcements at the #GoogleForNigeria Event 2019”

This Could Be the True Pride of Africa: South African’s New Business Class on the A330

outh African Airways has gotten a fair amount of attention here at TPG. Through our involvement in PeaceJam, we’ve attended the annual PeaceJam conferences in both South Africa and Ghana, among others. A few years ago, TPG flew SAA’s A340-600 on its daily nonstop flight between New York-JFK and Johannesburg in order to get to the conference in CapeContinue reading “This Could Be the True Pride of Africa: South African’s New Business Class on the A330”

Oil Execs Explore Solutions to Africa’s Security Threats

A recent Bloomberg article about a resurgence of oil theft in Nigeria serves as a reminder that doing business in Africa – like other regions – presents unique security challenges. Although fuel theft and vandalism are recurring security problems for the oil and gas industry in Africa, ongoing threats also extend to acts such as kidnap andContinue reading “Oil Execs Explore Solutions to Africa’s Security Threats”