Here’s a brief look at the day’s activity as it has happened across the globe.
- Kenyan government to set up a tech hub to acquire ICT solutions
"The Kenyan government is in the process of setting an incubation hub to support local techprenuers in light of its goal to acquire tech solutions to improve its general service delivery.
Kenya has seen significant growth in the number of homegrown technological innovations in the country, the government is working towards tapping into these solutions."
2. Ugandan entrepreneurs awarded $20,000 in the D-Prize Challenge
Uganda’s group of entrepreneurs under the name Community Health Movement Uganda were announced winners in the Global Health Challenge and will be awarded up to 20,000 USD towards piloting and scaling of their project
3. Accelerating FinTech innovation in Egypt
"Fintech startups in Egypt will be able to test their new products and services in a sandbox, following an announcement today that university accelerator AUC Venture Lab will collaborate with banking software company Temenos."
The collaboration seeks to provide startups with access to their core banking solution to be used as their development environment.
4. Jaiz Bank To Disburse $20 Million To SMEs
"Jaiz Bank Plc., a Nigerian non-interest commercial lender, said it would soon start off the disbursement of USD 20 MN facility for operators in the Small and Medium Scale Enterprises sector.
The fund which is meant to better the productivity of SMEs is secured from the Islamic Development Bank (IDB)."
Jaiz Bank To Disburse USD 20 Mn To SMEs - WeeTracker
5. UCT's Bertha Centre dishes out $50k startup grant funding
"The Bertha Centre for Social Innovation and Entrepreneurship at the University of Cape Town Graduate School of Business has awarded a total of R660,000 (US$50,000) to ten startups via two different grant funding mechanisms."
UCT's Bertha Centre dishes out $50k startup grant funding - Biz Community