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The Big 5 Daily

Tech Gist Africa by Tech Gist Africa
11/05/2020
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Hey guys, 

It’s time for the TGIF edition of the Big 5 Daily.

Relax and read.

Apple has partnered with Singapore to encourage its residents to install the government-owned LumiHealth app using the Apple Watch. The app encourages users to complete certain activities during exercises like swimming, walking, and yoga. It also reminds them of their check-ups and medical appointments.

https://techgistafrica.com/news/world-news/apple-partners-singapore-rewards-residents-using-its-smartwatch-to-exercise/

Valenture Institute, a South Africa-based edtech startup has raised $7 million from GSV Ventures. Last year, Rob Paddock and co-founder, Sam founded Valenture, two years after they sold GetSmarter to 2U for $103 million.

https://ventureburn.com/2020/09/sa-edtech-startup-receives-7-million-investment/

If you vibe on DSTV, you will know Trace. It has acquired Okuhle Media, a South Africa based audiovisual content producer. It also plans to launch “Trace Academia,” an online edutainment platform in November.

https://trace.tv/people/news-people/trace-acquires-okuhle-media-leading-african-audiovisual-production-company/


See Also: The Big 5 Daily: 17th September 2020


Next, on the Big 5, Careem co-founders have invested $134 million in Endeavor Catalyst III, to support startups that are part of Endeavor’s Network. They made big fortunes after selling Careem to Uber for $3.1 billion.  

https://medium.com/@endeavor_global/announcing-the-closing-of-endeavor-catalyst-iii-dd17a0e1cd18

Finally, Interswitch wants to recover its Venture arm after years of dormancy. Mitchell Elegbe, the fintech unicorn was positive about breaking the news to Techcrunch.

https://techcrunch.com/2020/09/16/interswitch-to-revive-its-africa-venture-fund-ceo-confirms/

It’s time to say goodbye. Have a restful weekend. 

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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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