The South African-based fintech startup that offers the cheapest cross border money transfer rates into key African countries and now into India, has introduced the easiest online registration process using its app – taking a photo and a selfie. This is a first in South Africa and is approved by the Financial Intelligence Centre and the South African Reserve Bank. Mama Money co-founder, Raphael Grojnowski, explains: “To register, you simply download the Mama Money Family App from the Google Play store, enter you contact details, take a photo of your passport or ID and a selfie holding the document. This is all that’s needed to register to begin sending money home. The whole process takes less than three minutes.” “Financial services in South Africa are very difficult to access for mi
On October 27th, 10 of Zimbabwe’s most promising seed-stage startups will compete to represent the country at the Regional and Global Seedstars Summits and to win up to USD 1 million in equity investments and other prizes. Seedstars World, the global seed-stage startup competition for emerging markets and fast-growing startup scenes has brought its pre-selection rounds to an end and selected 10 promising tech startups to pitch at the Seedstars Harare pitching event on October 27th at 2 PM at Impact Hub Harare.The top startups selected to advance to the pitching event are: Commonground is a peer-networking app that connects university students to share projects, ideas, and opportunities. Badala helps online businesses to receive payments using a Direct Mobile
Zimbabwe claims a tremendous literacy rate In the country with about 92,1 percent in literacy and is amongst the top Africa. There is a fascinating paradox complicating development in Zimbabwe and a low gratitude for innovators. Zimbabweans who have a love for aviation are on the rise and that is a fact. In early 2000, Daniel Chingoma consumed aircraft literature, toured Harare’s Charles Prince Airport and aviation clubs, and getting the help from the air force. He put together a helicopter prototype and it flow up five metres, and managed to go around 360 degrees with its nose in the same place. Chingoma anticipated the nation would rally behind him but rather he was instructed never to fly that helicopter. Young Glen View motor mechanic, Kenneth Sampili testing his plane.
Senegalese start-ups are testing a fledgling market for online music platforms in French-speaking West Africa, where interest in digital entertainment is growing but a lack of credit cards has prevented big players from making inroads. Long celebrated in Europe for their contribution to “world” music – with Mali’s Salif Keita, Senegal’s Youssou N’Dour and Benin’s Angelique Kidjo household names in trendy bars – West African musicians have struggled to make money back home, where poverty is widespread and music piracy rampant. Online music providers such as Apple’s download store iTunes and streaming service Spotify are either unavailable – no one can sign up for Spotify in Africa yet – or require a credit card or bank account, which most West Africans lack. But smartph
The tech hub in the Somali capital is called iRise Hub, and it provides a co-working space, as well as research, incubation, and acceleration services for new startups, according to Xinhuanet. While connecting, collaborating and sharing ideas, Somali entrepreneurs at iRise Hub, many of whom fall into the 80 percent youth population in the country, will aim to further develop the tech sector in the Somalia through the growth of their startup ideas. A statement from the UN Mission in Somalia (UNSOM) explained the vision of the new hub. “The hub offers young entrepreneurs a platform for technological innovations and collaborations, including business training, mentorship, free internet connectivity, project evaluation and support during the incubation stages of their start-ups,”
Africa is fast becoming a key global tech market, and many of the tech leaders of tomorrow are emerging from the continent with Africa’s international ambitions and potential firmly in their grasp. Well-educated, innovative and with leadership qualities that make them stand out among their peers, Africa’s current crop of young tech influencers are highly impressive and destined for important roles in the fast-paced world of technology. Headquartered in the heart of Paris, France, Institut Choiseul for International Politics and Geoeconomics is an independent research center that analyzes international relations, economic and political strategies as well as international cultures. Institut Choiseul produce the Choiseul Africa 100 Economics Leaders for Tomorow, a report in
Andela, a startup that trains and outsources African coders to work for global firms, has secured a Series C round of funding to continue the company’s expansion. The Lagos and Nairobi-based startup that recruits Africa’s best software developers has successfully raised $40 million in the most recent round of funding, according to a press release from Andela. The substantial investment was led by Pan-African venture firm CRE Venture Capital, while other investors include DBL Partners, Amplo, Salesforce Ventures, and Africa-focused TLcom Capital. Responding to a severe global shortage of software developers, which has seen around 1.3 million software jobs go unfilled in the U.S. in 2016 alone, Andela was formed to train and outsource software coders in Africa with the intention
Uber's European policy chief Christopher Burghardt is quitting to join the electric vehicle charging network company Chargepoint, the companies said on Tuesday, becoming latest senior figure to leave the taxi app. Burghardt, the head of policy for Europe, the Middle East and Africa, departs after one year with Uber and will become managing director for Chargepoint in Europe in November, he told Reuters. Earlier this month, Uber's top boss in Britain also quit the Silicon Valley company, which was told last month by London's transport regulator (TfL) that its licence to operate in the British capital would not be renewed. It is appealing that decision. HIGHLIGHTS Uber's European policy chief Christopher Burghardt is quitting He will join the electric vehicle c
It is often said that individuals build families, families make up society and societies build a nation. However, when addressing issues of social transformation, it is evident that the nation, represented by structures, has greater influence on the generality of the people. Policies and ideologies that are driven at national level determine how a society progresses. Zimbabwe as a nation, like any other country, is endowed with magnificent resources: minerals, fertile lands, wildlife, climate, and chief among the resources is human capital. However, tracking global developments, it is evident that development is now technologically driven through automation, digitisation of everything, artificial intelligence, robotics and many other shifts in the global economy. Our great nation ought ...
DAKAR: Rapidly expanding access to the Internet across Africa is helping grassroots opposition movements take on once-invulnerable regimes. Many entrenched rulers have a simple response: pulling the plug. While countries in the Middle East and China employ firewalls and block virtual private networks to control web access, leaders in Africa increasingly prefer the blunter instrument of outright outages. Critics say that infringes not just the rights of individuals but also undermines the burgeoning economies of some of the world's poorest countries. Since the start of 2016, governments in 13 African nations have intentionally shut down the Internet on 21 occasions, mainly during elections and protests, according to a database run by online rights group Access Now. That compares to...