Startups

The Alexforbes Lead Story – 20 February 2024

David speaks to Vitalis Haupindi, co-founder of exciting homegrown ed-tech startup Yyeni AI. https://iono.fm/e/1408221

21 February, 2024

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 […]

15 February, 2024

Uncategorized

Coalition talks underway in Pakistan

The Ministry of Industrialisation and Trade has postponed public consultations on three key legislation and policy documents to a later date. According to Elijah Mukubonda, the ministry's spokesperson, the stakeholder engagements will cover topics related to the National Informal Economy, Startups, and Entrepreneurship Development Policy.

12 February, 2024

Africa

Trucking innovation highlights Africa’s cold storage problem and opportunities

By Bonface Orucho, via bird story agency A new, sustainable method of generating electricity to refrigerate trucks has been introduced into the African cold storage market. As reported by Creamer Media’s Engineering News, Global logistics company DP World partnered with food and clothing retailer Woolworths to unveil a mobile refrigeration trailer in South Africa powered by AxlePower technology. According to Engineering News, the project's AxlePower technology “transforms ordinary […]

9 February, 2024

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 […]

9 February, 2024

Opinion Pieces

Harnessing 5G for Entrepreneurs

The arrival of Fifth Generation (5G) technology signals a new era of connectivity set to empower entrepreneurs and businesses across Namibia. As the world transitions into greater digitalisation, 5G stands poised to radically transform how enterprises operate, innovate, and thrive. The Communications Regulatory Authority of Namibia (CRAN) recognises the immense potential of 5G to activate entrepreneurship and cultivate startups within the nation.1 With unmatched speeds, ultra-low latency, and expanded bandwidth, […]

1 February, 2024

Africa

UNDP’s New $1 Billion Fund Could Boost Africa’s Tech Startups Globally

At the World Economic Forum in Davos, Switzerland, in January, Presidents Nana Akufo-Addo of Ghana, left, and Paul Kagame of Rwanda helped launch the United Nations Development Program’s investment fund directed at tech startups in Africa. Called Timbuktoo, it could cushion the bearish state of venture capital globally. WEF2024 By Damilola Banjo via PassBlue Venture capital funding is shrinking globally, but experts are optimistic that a new $1 billion investment […]

30 January, 2024

Africa

UNEP report highlights potential surge in electric two-wheelers for motorcycle taxis in Africa

By Bonface Orucho, bird story agency Motorcycle taxis, a dominant transportation force in Africa, have substantial potential for electrification as electric two- and three-wheelers gain traction across the continent. These insights stem from a recently launched UNEP report focusing on the state of global electric two- and three-wheelers in emerging markets. At a virtual report launch on Wednesday, January 10, Tom Courtright, the Research Director at Africa e-Mobility Alliance, who […]

11 January, 2024