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Judges and participants in the Visa Everywhere Initiative Sub-Saharan Africa. Photo: Visa South Africa

Kenya’s Mookh emerges overall winner of the Visa Everywhere Initiative

Kenya's Mookh has emerged the winner of the Visa Everywhere Initiative Sub-Saharan edition. This was out of the dozen startups from across the continent that made it to the finals. The competition...
Microtraction

Nigeria’s early-stage fund Microtraction announces second investment this week

Microtraction, a Nigerian early-stage fund, has announced an investment it made in Allpro. "We are excited to announce @microtraction’s investment in Allpro," tweeted Yele Bademosi, Microtraction's founder, and current Managing Director. "Allpro...
Elkrem

Egypt blockchain startup Elkrem closes $75k from ConsenSys Ventures

Elkrem, a Cairo-based blockchain startup has closed a $75,000 round. The investment came from Tachyon, an accelerator by Consensys Ventures. The investment follows Elkrem being admitted into Tachyon accelerator program, together with...
Binance Uganda

Binance is showing that it is committed to Uganda, starts hiring

When Binance - through its CEO, Changpeng Zhao, announced in May that they would be expanding to Uganda, few would take him seriously. It was easy to dismiss it for PR...
digital economy

On Uganda’s Digital Economy: To tax or not to tax mobile money?

Currently, there are debates in Uganda on the issues of taxing the digital economy. That's the Social Media tax and Mobile Money transaction tax. Just to say at the outset, I...
Changpeng Zhao (L) and the Binance Delegate being received by Kwame Rugunda (R) the head of the Blockchain Association Uganda

Chinese Crypto-billionaire founder of Binance visits Uganda

Changpeng Zhao, a Chinese crypto-billionaire has today concluded his visit to Uganda. The founder of Binance, a crypto exchange platform jetted into Uganda over the weekend. The purpose of his visit was...
Olx

This is why Facebook Groups are the reason OLX is exiting Kenya, Nigeria

Earlier this week, OLX announced it was shutting down its offices in Kenya and Nigeria. Going forward, the team in South Africa will handle operations for the rest of Africa. Yet, it's...
drones in agriculture

Tunisia set to launch use of drones in agriculture pilot project

Tunisia is set to launch the pilot of a project aimed at using drones in agriculture. This is will take place on Thursday at a ceremony in Tunis. The project's aim...
taxido

Taxido is the latest to join Africa’s ride-hailing space

Taxido is the latest ride-hailing startup to join the African market. That is according to the conversation I have heard with the team. The startup kick-started operations on September 1, 2018,...
Zola Electric

Energy company Zola Electric closes $20 Million from SunFunder and others

SunFunder has announced that Zola Electric has closed $20 Million in debt financing. The energy company was formerly called Off Grid Electric. “SunFunder announced today the close of a $20 million...