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This Senegalese Startup Opens Amazon, Jumia Up to Mobile Money
Senegalese startup Comparez is making it possible for users in nine African countries to order goods from e-commerce platforms like Amazon and Jumia and pay for them using mobile money.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- e-commerce
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Narrowing The Gender Gap: Meet The Women Scintillating Africa’s Tech Scene
With the emergence of many female-focused establishments such as TheBoardroom Africa (TBA) – who raised USD 2 Mn in January – and other groups delivering STEM courses to young girls, females are increasingly having a voice in Africa’s tech space.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- gender equality
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Microsoft Opens First $100 Million Africa Development Centre in Kenya and Nigeria
“The Africa Development Centre will be unlike any other existing investment on the continent. It will help us better listen to our customers, develop locally and scale for global impact,” Phil Spencer, Executive Vice President at Microsoft said.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- fintech, off-grid energy
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India’s Technology Sector Driving Economy
The shift is attributed to a sharp rise in hiring by existing and new global in-house centres (GCCs) due to technology innovation activities in India for their global markets.
- Categories
- Technology
- Region
- South Asia
- Tags
- employment
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New Banking Model At Play In Nigeria
Nigeria, Africa’s most populous nation, with about 190 million people, wants 80% of its citizens in the banking system by the end of 2020. The central bank reports that 36.8% of the adult population is excluded from the financial system.
- Categories
- Finance, Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Jumia Has Endured a Horror Week on the New York Stock Exchange Amid Fraud Claims
The main thrust of Citron’s report is centered on “material discrepancies” in Jumia’s S1 filing with the United States Securities and Exchange Commission (SEC) in March and a confidential investor presentation Jumia allegedly made six months earlier.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- e-commerce
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Omidyar to Support Three Emerging Market Think Tanks Exploring Appropriate Use of Digital Identity
Omidyar Network has invested in a trio of organizations from different regions to support enhanced understanding of the appropriate use and limits of digital identity.
- Categories
- Technology
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South African Insurtech Startup Nobuntu Raises Funding From Crossfin
South African fintech startup Nobuntu, which builds innovative insurance products for lower-income segments, has raised an undisclosed amount of funding from fintech holding company Crossfin to help it scale.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- fintech, startups, venture capital
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