The Big 5 Daily: Rwanda Opens First Public Coding School, Kenya’s Cellulant Hits $105m Evaluation and More

Cellulant Hits $105m Evaluation

Hello Folks, let’s wrap up this week big 5 daily with news coming for the East Africa.


The Rwandan government launched its first publicly backed coding school. A school that accepts students predicted to perform brilliantly in STEM courses (Science Technology Engineering and Mathematics).

Reason for this according to Rwanda’s ICT Minister is that the country is seeking to do away with foreign labour on tech jobs in the future.


Cellulant Corporation, a fintech company in Kenya is now evaluated at $105 million after it sold 44.4% of its stake to TPG’s Rise Fund, an American investment company. This was recently cited in a report filed with the Competition Authority of Kenya (CAK).


WhereIsMyTransport, a tech start-up in South Africa secured $1.85 million investment fund from Liil Ventures and Goodwell Investments as part of its Series A funding round.

The public transport data and technology company said the investment will aid the company to expands its digital mapping of formal and informally run public transport networks into new emerging markets.


Ghana’s National Communications Authority (NCA) and Vodafone Ghana have agreed to roll out 4G for mobile services in the second quarter of 2019. This comes after the parties involved agreed with financial negotiation which cost around US$30million, Vodafone Ghana can now operate an LTE 4G spectrum frequency to boost user experience for its subscribers.


And the last news for the week is from Samsung. The company said it will hold an event on February 20 in San Francisco where it will unveil its next flagship phone – the Galaxy S10. The phone is expected to be the first smartphone that supports 5G networks.


Thank you for reading and see you next week.  

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