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- AIM Global Foundation pushes for stronger Gulf-Africa trade partnerships
- Investment opportunities in South Sudan’s emerging gold industry
- Family planning drive in Kenya gets 450,000 self-injectable contraceptive doses from UK
- AfDB commits $2 billion to revolutionise clean cooking in Africa, save forests
- The harsh realities of family laws for African women revealed
- Kenyan home buyers shift preferences, seek affordable housing despite market downturn
- How startup Yeeo is shaping the future of business contacts with eco-friendly innovation
- Stakeholders in Nairobi seek to unlock Kenya’s green jobs potential
Tech & Business
- With Yeeo—a web app—individuals have the privilege of saving their time and cost of printing cards, which often end up being dumped and ensure their money is invested elsewhere.
- Yeeo’s business strategy brings together environmental conservation and this vision to help enterprises save billions spent on card printing.
- Dubai-based Yeeo has already secured intellectual property rights in 179 countries around the world.
As I navigated through the bustling crowd of delegates from around the world at the Startups Showcase during the AIM Congress 2024, I felt a gentle tug on my jacket. It was Abdullah AlShetiwi, a determined look in his eyes and a welcoming smile on his face.
As I reached out to offer my business card to Abdullah, he intercepted with a gesture, saving me the customary exchange. Instead, he swiftly pulled out his phone, suggesting we swap contacts via a QR Code. With a quick scan …
- Four innovators from Kenya, Côte d’Ivoire, and Uganda, selected from a shortlist of 16, vie for the £50,000 (over $62,000) Africa Prize.
- Their innovations encompass recycling in construction, AI tools for healthcare and farming, and reengineered waste collection, addressing crucial societal needs.
- The three runners-up will each receive £15,000 (over $18,000), while a £5,000 (over $6,000) prize titled ‘One to Watch’ will be awarded to the most promising business among the shortlist.
- Since 2014, the Africa Prize has empowered nearly 150 entrepreneurs across 23 African countries, creating over 28,000 jobs and positively impacting more than 10 million people with their innovative products and services.
The Royal Academy of Engineering is set to host the final showdown of the 10th Africa Prize for Engineering Innovation, the continent’s premier engineering accolade, on June 13, 2024, in Nairobi, Kenya. Out of an initial pool of 16 visionary innovators crafting sustainable, scalable engineering solutions …
- Russian Investment Forum at AIM Congress 2024 highlighted Russia’s robust economic standing.
- Various Russian regions showcased unique investment opportunities, from the Far East’s oil and gas sector to Tatarstan’s diverse industries.
- Discussions also revolved around innovation and technology, with an emphasis on Abu Dhabi’s potential as a global technology hub.
Amidst the grandeur of the Abu Dhabi National Exhibition Centre (ADNEC), the Russian Investment Forum emerged as a unique centre of opportunities during the 2024 AIM Congress.
Under the International Partners’ Track, this forum brought together luminaries from Russia’s business landscape to showcase the nation’s unique investment propositions and affirm Abu Dhabi’s suitability as a global technology hub.
Spearheading the discussions was Sergey Katyrin, President of the Chamber of Commerce and Industry of the Russian Federation. Katyrin painted a picture of Russia’s robust economic stature, ranking first in Europe and fifth globally in terms of GDP.
He cited Russia’s …
According to the most recent data provided by Dalberg, a vast majority of Kenyans rely on digital services for their businesses and livelihoods. And there is significant room for expansion and deeper engagement in the sector. Kenyans depend on digital tools and services to increase their income.
The quarterly sector statistics compiled by the Communication Authority of Kenya (CA) for the quarter ending September 2021, Kenya has over 26 million smartphone devices out of a total of 59 million mobile phone devices connected to mobile networks in the country. This results in a penetration level of 53.4 per cent.
As stated by Mugo Kibati, the Chief Executive Officer of Telkom, the cooperation aligns with Telkom’s aim of enabling its consumers to gain access to mobile and broadband services.…
Nala is a cross-border payments company based in Tanzania. Selcom is a Pan African financial and payment services provider, offering a comprehensive range of payment, issuing and acquiring services.
Nala, whose services can be accessed via a customized, easy-to-use mobile application, has seeded its services in seven countries, including the US, UK, Kenya, Uganda, Rwanda, Ghana and Tanzania.
During the press conference, a live demonstration of a money transfer from the UK to a Tanzanian mobile wallet was conducted and became a success in less than a minute.
Benjamin Fernandez, Nala’s founder and Chief Executive Officer, stressed the importance of uprooting tech-savvy local talents to enhance the local fintech landscape as Tanzania lags in fintech take-up.…
- Moringa has received an undisclosed amount of investment from Proparco to support its expansion outside Kenya
- The tech-based learning institution said it has already begun training Software Engineers in Ghana and soon Nigeria with a plan to scale to other African countries in the next 12 months
- Moringa said the investment from Proparco will help them in preparing for Series A funding in 2023
Multi-disciplinary learning accelerator Moringa has received an undisclosed amount of investment from Proparco to support its expansion outside Kenya.
In a statement seen by The Exchange Africa, the tech-based learning institution said it has already begun training Software Engineers in Ghana and soon Nigeria with a plan to scale to other African countries in the next 12 months.
The career accelerator for Tech professionals in Africa has been training High School/University Graduates to be Software Engineers and Data Scientists for the past seven years in Kenya …
- Kenya’s Ministry of Lands and Physical Planning said that plans to digitise land records are in top gear
- Lands Cabinet Secretary Farida Karoney said the central land registry dubbed ‘National Land Management System (NLIMS)’ will go live at the end of July 2022
- Karoney said the ministry had already gazetted 84,000 land parcels set to migrate to the portal with 64,000 of them having matured
Kenya’s plan of digitising land records is in top gear, the country’s Ministry of Lands and Physical Planning has said.
Lands Cabinet Secretary Farida Karoney said the central land registry dubbed ‘National Land Management System (NLIMS)’ will go live at the end of July 2022.
Karoney said the ministry had already gazetted 84,000 land parcels set to migrate to the portal with 64,000 of them having matured.
“The law stipulates that we must wait for 90 days to close the register and migrate to the …
In Sub-Saharan Africa, more than 60 per cent of the population is comprised of small-scale farmers, and the agricultural sector is anticipated to provide 23 per cent of the continent’s GDP, as stated by McKinsey & Company. However, just 3% of the industry is eligible for banking credit, which severely restricts the ability of farmers to expand their businesses or reduce the impact of unfavourable harvests.
“In contemporary times, ensuring food security is a requirement that is both vital and urgent. As a result, we are going to have to step up to the challenge and create chances for growth in Africa’s agriculture value chain. Our collaboration with Mastercard has arrived at the perfect time to hasten the process of providing smallholder farmers in Africa with access to the essential financial services they require.
These services are essential to the achievement of Africa’s full agricultural potential. According to Ade Ayeyemi, …
Start-ups in Africa have raised over KShs. 100 billion in the first quarter of 2022, breaking the record established in the third quarter of 2021 by just a few million. Compared to last year, there’s been 2.5x more funding raised in Q1-22 than in Q1-21.
However, despite the huge growth, funding flowing to African start-ups is still a drop in the ocean of global venture funding representing just one per cent of global venture funding.
“Governments in Africa must invest in this space through reducing the burden of regulation, embedding incentives within legislation and investing in science and technology skills,” Mumo added.
The 7th edition of Digital and Technology Week (DTW) 2022 formally Social Media Week attracted over 600 participants in Africa.…
