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!
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!
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