Startups

Visa unveils its first innovation boot camp in Africa

Visa unveils its first innovation boot camp in Africa

Startups, Technology
Visa has partnered with Nest Africa to start a boot camp that will power collaboration opportunities between early stage technology companies, Visa and financial institutions from across Africa. The Visa Bootcamp aims to facilitate collaboration opportunities between early stage technology companies and financial institutions from across Africa for potential integration. Standard digital reports that ten participants were selected from a pool of 122 applicants from 12 countries including Kenya, Uganda, Rwanda, Ghana, South Africa, Cameroon, Nigeria, Belgium, Switzerland, UK, France and the US, who pitched their fin-tech solutions to an expert panel for a spot at Visa’s first innovation boot camp in Africa. Visa Country Manager for East Africa Sunny Walia said the finalists

Why Uber is under attack.

Startups, Technology
The San Francisco based ride service Uber has experienced explosive growth since its founding in 2009 and the growing popularity of the service has prompted a backlash from taxi organizations in many its operating regions across the globe. The company which is valued at over $60 billion has been suffering a barrage of attacks and criticisms about its modus operandi. From accusations of blatantly flouting laws governing taxis, to benefitting from allegedly stolen data, Uber’s executives and legal team are bracing themselves for a tough time ahead. TechMoran reports that several factors have led the taxi hailing company straight to war. The prejudiced corporate culture in the organization is the first threat towards the company success. Susan Fowler, a reliability engineer at Uber
Growth in e-commerce offers new opportunities for entrepreneurs in Africa

Growth in e-commerce offers new opportunities for entrepreneurs in Africa

Internet, Startups
Africa's electronic commerce (e-commerce) market is primed for major growth as mobile internet performance continues to improve, a proposed national addressing system comes into existence, and people become more comfortable with digital transactions. The sector has now got a foothold in a wide range of countries, some obvious but many less obvious. As with m-money, it will grow in some places but not others. The big investors in the African e-commerce sector include: African Internet Group, Naspers (co-investors with Kinnevik in Nigeria’s Konga), Swiss-owned Ringier, Casino (a French company with e-commerce platforms in Cote d’Ivoire and Cameroon) and One Media Africa (backed by Tiger Global). Naspers has been in and out of Sub-Saharan Africa in this area once already with several

Kenyan Startup Invests in empowering Women & Girls through training in STEM

Startups, Women
Technological gaps will keep on growing between developed and developing countries as long as new approaches are not adopted in the teaching of Science, Technology, Engineering, and Mathematics (STEM) in  training institutions. In line with this, the  Miss.Africa Program initiative sets the bar high by training female trainees in mobile coding program to better their future in the male dominated IT sector. The trainees are able to get life skills mentoring, experience-sharing with STEM experts, Coding skills, and industry exposure. The girls trained usually have many positive comments at the end of each event on the change of perception in Stem careers. This initiative which emphasizes on the importance of technology in enhancing collaboration in future is among the many voices find

Google expands its Launchpad Accelerator program to Africa and Europe

Startups, Technology
Google is expanding its Launchpad Accelerator program to two more continents. African and European countries have been added to the lineup. The Google Launchpad accelerator  is a program to empower founders by supporting their startups through mentorship and equity-free support. The Accelerator leverages all that the tech giant has to offer, to help participating tech startups reach their true potential. The tech giant's target is to help startups build products on its platform and become successful doing it and ensuing that every startup has access to the best resources that the ecosystem can provide. Startups participating in the accelerator receive $250,000 worth of assistance, including $50,000 in seed funding with zero equity taken, credits to use Google products, physical space in