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Nigerian-based Social Lender Makes MIT Inclusive Innovation Challenge Regional Finalist List, Paradise Gaming Launches EdTech and Video Game Center in West Africa and More

Tech Gist Africa by Tech Gist Africa
07/29/2019
in Africa, Africa News, Big 5 Daily, News, The Big 5
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Nigerian-based Social Lender Makes MIT Inclusive Innovation Challenge Regional Finalist List, Paradise Gaming Launches EdTech and Video Game Center in West Africa and More
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Happy new week Guys!

It’s exciting to have you here with us. While we gear towards the new month, please take a look at today’s Big 5 Daily!

Let’s dive in, shall we?

 

Drum rolls!!! Social Lender, a Nigerian-based fintech platform has made the Massachusetts Institute of Technology [MIT] Inclusive Innovation Challenge (IIC) regional finalist list. They will proceed to the regional events which will place in five regions of the US, Canada, Latin America, Europe, Africa, and Asia for the $250,000 grand prize. Congratulations!

A new innovation is in the block! Paradise Game, an e-sports and e-learning hub has launched a Gaming Centre at Cosmos Yopougon shopping mall, Abidjan, Ivory Coast. The hub will train e-sports players for international competitions and also serve as hosting space for e-sports tournaments. It will officially begin operations in September 2019. Can you beat that!


See also: P2P EdTech Platform Brainly secures $30 Million in Naspers led Round, GreenTec Capital partners Senegalese Government to Fund Entrepreneurs with up to €500,000 and More


Also, Germany Africa Business Forum (GABF) plans to partner private partners from the energy sector in a bid to launch a multi-million Euro funding investment for Africa-focused German startups. This investment will be the first intra-regional initiative of its kind and will focus on German startups with African energy exposure.

Guess what? Fawry, an Egyptian electronic payments company has revealed plans to list on the Egyptian Stock Exchange. The platform plans to sell about 36%, that is 254.6 million of its ordinary shares at EGP 6.46 per share. This listing will value the platform at EGP 4.56 billion. Way to go!

Finally, MTN Nigeria Plc– Nigeria’s biggest telco recently released its 2019 second quarter (Q2) unaudited results. According to the results, the telco’s mobile subscribers grew to 61.5 million within the last six months. That is an extra rise of 3.3 million. You can read the elaborate report on the blog.

 

…and there you have it for today’s episode of the Big 5 Daily!

One more thing, please share your thoughts below, as we would love to know what you think!

Thanks for joining!

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Tech Gist Africa

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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