Weekly news roundup including Haul247, World Mobile, Yellow Card and more

Less than 2 weeks until Africa Tech Summit London, the 7th edition will again provide unparalleled insights, exclusive networking opportunities with Moniepoint, AWS, London Stock Exchange, AZA Finance, MAX,?Google, Verto, Goodwin Law, Executives in Africa, Eversend, Interswitch, Andela, Talking Drum, Deloitte, Celo, Budpay, Wimbart, OjirehPrime, Enza Capital, AFEX, Proparco, TLCom, Curacel, First Circle Capital, Pivo, Klasha, MoneyAfrica, Pivo, 4GCapital, Katapult Africa, Turaco, Aiponics, The Sixth Dimension and more Register today.

The rise of Africa’s e-commerce and how businesses can expand into new markets

By 2027, the number of users in Africa’s e-commerce market could hit 609.3 million with a user penetration of 44.3%. An expanding industry brings with it multiple benefits for the continent, including economic growth and prosperity, job opportunities, expansion of the digital economy, and providing consumers in rural areas access to goods and services. Via AppsAfrica?Read More

New report lays bare lack of gender diversity in African tech startup ecosystem

Disrupt Africa has released the first ever publication focused on gender equality in the African tech startup landscape with the results demonstrating the lack of gender diversity both within startup teams and funding rounds on the continent. Via AppsAfrica Read More

Sub-Saharan Africa embraces 5G and smartphone adoption soars

Sub-Saharan Africa's mobile market will experience a surge in smartphone adoption and 5G technology, fueling economic growth and aiding the region's digital revolution. Via Business Insider Africa Read More

Can African countries collaborate on an e-car?

Africa’s key auto hubs, South Africa and Morocco, have hinted at mega and giga factories in their electric cars bid to remain relevant and tap a fast-rising global market. Via Quartz Africa Read More

RAVIN.AI expands its AI-based visual vehicle inspection tech to South Africa

Israel and UK-based startup Ravin AI expands its AI-based visual vehicle inspection tech to South Africa through a strategic partnership with Alder Grove Automotive, a leading fleet management company. Via Africa Business Communities Read More

After winning a $1 million prize, here is what’s next for Tanzanian agritech startup NovFeed

Tanzanian biotech startup NovFeed won the Milken-Motsepe prize in agritech’s $1 million grant. NovFeed’s product offering involves the use of biomass to produce fish feed. The feed is cheaper to produce and offers more nutritional value compared to current products in the market, the company claims. Via TechCabal Read More

Yellow Card and Tether join forces to drive stablecoin education and adoption among the African youth

Yellow Card and Tether completed Phase 1 of their collaboration, raising awareness and driving adoption of stablecoins among African students and young professionals in Nigeria, Kenya, and Ghana. Via Africa Business Communities?Read more

Zone selected as Nigerian entrepreneurs to join Endeavor’s global network

Zone (formerly Appzone) is a regulated blockchain network that enables payments (by connecting banks and fintechs) and acceptance of digital currencies. Zone became Africa’s first regulated blockchain-powered payment network after securing a switching and processing license from the Central Bank of Nigeria. Via Benjamindada Read More

Centi and Centbee partner to empower African diaspora with affordable blockchain-based transfers

Centi and Centbee partner to redefine remittance services from Switzerland to Africa, making cross-border money transfers more streamlined, cost-effective, and inclusive through the use of advanced blockchain technology. Via Zawya?Read More

NFTs: Guardians of Africa’s rich cultural heritage

These digital assets have captured the world’s imagination. In Africa, they hold the key to transforming the preservation and promotion of traditional art, music, storytelling, and other cultural expressions. This article explores how NFTs can breathe new life into Africa’s rich culture, ensuring its longevity for future generations. Via Web3Africa Read More

World Mobile Group eyes African rollout after decentralized wireless field tests

Decentralized wireless (DeWi) network operator World Mobile said on June 8 it has completed field tests of its DeWi technology in Kenya, Mozambique and Nigeria, bringing it closer to a full rollout across the African continent. Via Cointelegraph?Read More

Egyptian fintech, Axis, secures licence to launch digital payments platform, AxisPay

AxisPay streamlines digital payments for small businesses, eliminating the need for cash transactions and providing a more efficient method of payment to employees and suppliers through mobile wallets.. Via BitcoinKE Read More

Nigeria’s Haul247 (Google BFF’AFRICA 22) raises funding to scale its logistics platform

Haul247, a Nigerian end-to-end logistics platform connecting businesses to haulage and warehousing assets, has raised a $3 million seed round. Investing fund Alitheia Capital, through its Umunthu Fund in partnership with Goodwell, provided the equity capital, with Investment One contributing $1 million in debt financing. Via Techcrunch Read more

SA health-tech draws global investors as Kena bags $2M

Kena Health announced yesterday it has secured a $2.1 million (R41 million) investment, as it looks to extend its reach fromdirect-to-consumer, to include business-to-business segments. Via ITWeb Read more

谷歌 Africa collaborate with CMM & Allison Worldwide for 4th edition of The Future Is Female Mentorship Program

Mirroring previous editions, the fourth edition of the program will provide African female tech founders of early-stage startups with the PR and communications insights, knowledge, and skills needed to gain visibility and secure investment. Read More

Startup Wise Guys - SaaS Accelerator Program: Africa

Startup Wise Guys SaaS acceleration Africa program will provide an optimized approach that delivers tailored guidance and support from world class mentors and experts. Our accelerator program will help you navigate the bumps in the company building road, revolutionize your go-to-market strategy and encourage you to bring your A game. Read More

Energy Investment Village - Cleantech 2023

Applicants must be in the energy sector, founded, based, and operated in Africa, and ready for the market, with a prototype that has already been demonstrated. Ideally, the projects should contribute to the goals of a cleaner and decarbonised energy landscape. Read More

Catapult: Inclusion Africa Programme

This edition of CATAPULT: Inclusion Africa will once again rely on the Luxembourg inclusive finance and Fintech ecosystem to support the selected 10 companies in developing their business and achieving their inclusion goals. Apply now! Read More

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