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Home The Big 5 Big 5 Daily

The Big 5 Daily: JUMO Gets $12.5 Million Investment from Odey Asset Management, Ghanaian Parliament Approves Deal with Fly Zipline plus news from the rest of Africa.

Tech Gist Africa by Tech Gist Africa
12/14/2018
in Big 5 Daily
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The Big 5 Daily: JUMO Gets $12.5 Million Investment from Odey Asset Management, Ghanaian Parliament Approves Deal with Fly Zipline plus news from the rest of Africa.
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Hello People,

Friday is finally here and we are as happy as you are to witness the weekend.

Rounding off this week’s Big 5 Daily are the following interesting tech news across Africa.

Run through with us together.


JUMO, a mobile financial services platform for mobile network operators and banks in South Africa, has closed $12.5 million investment. The funding round was led by Odey Asset Management and James Hanbury, a partner at the company will join the Board of JUMO.


Apple Inc, yesterday, said it would spend $1 billion to open a new campus in North Austin, Texas which will house up to 15,000 workers, new offices in Seattle, San Diego and Los Angeles. This is part of its bid to increase its workforce base in the U.S.


Ghanaian Parliament – majority head count – has approved an agreement with Fly Zipline Ghana Limited, for drone distribution of emergency health and blood products to the rural areas in the country. The deal worth of $12,527,000.00 and against opposition from the minority group in parliament, the Ghana Medical Association (GMA) and IMANI Africa.


Google has extended some of its Android features to iOS users. The ‘For You’ feature and Google Lens on Google Map will now be available for iOS users. IPhone users of Google Maps previously could not access the features which was launched early this year to Android users.


And finally, OffGridBox has raised $1.6M to charge and hydrate remote Africa with solar power innovation solutions. They use solar energy to provide electricity and potable water to small communities. Read more about the initiative in this piece by TechCrunch.


This Week on TechGist Africa…

This week, we featured Teresa Mbagaya as our Techpreneur of the Week. Her work in the constant push for the positive evolution of Education in Africa is quite laudable. Read more about her in this piece: The Change We Seek: Teresa Mbagaya


From reducing maternal mortality rate, helping Africa’s rural youths learn, earn and innovate, to enhancing public participation and transparency in the policing sector through technology – Read about how Google Impact Challenge is showcasing the resourcefulness of Africa’s tech innovators and our top picks from this year’s challenge.


That’s a wrap! Do join us next week for interesting technology news in Africa.

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Tech Gist Africa

Tech Gist Africa is a new media and technology news platform that focuses on the untold stories of innovative ideas closely connected to technology news from Africa.

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