insert_link Namibia Namibia’s Startup Ecosystem Surges As Windhoek Climbs Global Rankings Namibia's startup ecosystem is thriving, ranking 8th in Africa and showing remarkable progress with Windhoek's surge in global city rankings. According to The Brief, the ecosystem is characterized by stability, fostering innovation and entrepreneurship. Leading startups in Windhoek span hardware, marketing, fintech, and e-commerce. However, challenges persist, including limited infrastructure, bureaucratic hurdles, and funding constraints. Organizations like the Namibia Investment Promotion and Development Board and Startup Namibia are crucial in […] todayJune 3, 2024 6
insert_link Africa Africa Tech Summit London Announces 15 Ventures for the 2024 Investment Showcase at London Stock Exchange on June 7th Africa Tech Summit (ATS) London will celebrate the eighth edition at the London Stock Exchange on June 7th, 2024, and is thrilled to announce the 15 tech ventures that will join the ATS Investment Showcase 2024. The ATS London Investment Showcase provides ventures with the opportunity to present their businesses to leading African tech investors, corporates, and industry stakeholders in attendance from Europe, USA and Africa. The […] todayMay 13, 2024 8
insert_link Africa Nigeria fines cryptocurrency trading company Nigeria has slammed a 10 billion dollar fine on cryptocurrency trading firm, Binance. It says the firm manipulated foreign exchange rates through currency speculation and rate fixing. Tesem Akende reports. todayMarch 4, 2024 22
insert_link Africa Nigerian E-payments eclipse South Africa’s 2022 GDP, in latest surge When the Nigerian Central Bank introduced newly designed currency notes in November 2022 and a month later put a cap on the maximum amount of hard cash that individuals and corporations could withdraw, the idea was to tame money laundering in the country. During that year’s Christmas festive season and in the run-up to the 2023 Nigerian presidential election in February 2023 –– two high spending seasons –– the country […] todayFebruary 15, 2024 6
insert_link Africa bird TenX: 10 African projects that show the power and versatility of blockchain technology By Okwi Okoh, bird story agency 1. Catch of the Day (Senegal) The Bleu comme la mer platform connects fishermen and customers directly, eliminating brokers and financial gatekeepers. Payments for seafood can be made in Bitcoin, Ether and Tezos. Details like species, location, and dates are recorded by fishermen and shared with buyers on the blockchain as an attempt to reduce overfishing and waste. 2. Private Property […] todayFebruary 14, 2024 6
insert_link Business / Economics Investment in African women-founded and led startups remains a bright spot in a global ecosystem drained of funding. By Conrad Onyango, via bird story agency Africa’s women-led startups retained their sparkle through 2023, against the backdrop of one of the darkest periods for global startup funding, raising US$200 million, 7% growth over the previous year, according to a report from Africa: The Big Deal. In 2022, these female-founded ventures had grown by 4%. The amount remains significantly lower than the US$ 2.7 billion raised […] todayFebruary 9, 2024 4
insert_link Africa 10 ventures announced for the Africa Tech Summit Nairobi 2024 investment showcase Africa Tech Summit Nairobi has announced ten African tech ventures that will showcase their solutions to a diverse audience of industry experts, investors and fellow innovators on February 14th and 15th. While African startup funding declined in 2023, the investment showcase continues to foster collaborations and stimulate investment opportunities to bridge the funding gap in the ecosystem. According to data from Africa: The Big Deal, African startup funding experienced a 39 […] todayJanuary 19, 2024 6
insert_link Business / Economics Unpacking FinTech: A financial journalism deep dive By Angie Scholtz 1. INTRODUCTION: The world over, the inclusion and advancement of technology in the financial services sectors and markets have become more and more prevailing to the extent where the accepted acronym for this has been determined to be FinTech which essentially relates to Financial Technology as a designated term. The world is aware of the various levels of information technology infrastructure in various countries which would by […] todayDecember 21, 2023 21
insert_link Business / Economics Scramble in SA crypto market ahead of licensing round By Conrad Onyango, bird story agency South Africa is witnessing an expansion in cryptocurrency offerings as the country gets closer to issuing its first operational licenses to financial service providers. Payment firms and fintech companies are driving the move, with commercial banks expected to follow suit. One of the latest offerings enables users to purchase goods and services using cryptocurrency, while another allows them to withdraw digital currency as cash […] todayDecember 13, 2023 6
Paying it forward: Kenyan coastal doctor Bashrahil Mohammed Mafudh has made it his life’s work to care for the most vulnerable in his community, at no cost.
