Hello Africa!
We kick start today’s big 5 with the new fund AfDB invested in its Youths Initiatives. Let’s dive in as usual.
In order to boost African tech entrepreneurs, agriculture and clothing sector, African Development Bank (AfDB) has invested almost $2-million in two initiatives. AfDB announced that the investment will be made through the development bank’s Fund for African Private Sector Assistance (FAPA).
The fund will go into Fashionomics Africa Digital Marketplace initiative an e-commerce platform for fashion and textiles entrepreneurs and the Entrepreneurship and Innovation Lab programmes (eLab) programme.
Also, Kenya’s Bluewave Wins 2018 Seedstars Nairobi… Kenyan based insurtech start-up, Bluewave Insurance Agency has won Seedstars Nairobi Pitch. Bluewave Insurance defeated six other start-ups to become Nairobi’s best start-up of 2018 and also to represent Kenya at Seedstar’s Worlds regional and global summits.
With the win, the company now stands a chance of winning up to $1-million in equity investments at the Seedstars Summit in Lausanne, Switzerland 2018.
Moving on, Data Science Nigeria will be organizing its annual summit and bootcamp. The Summit will focus on the application of Artificial Intelligence (AI) in financial inclusion strategy, with a specific focus on understanding the financially excluded segment, use of alternative data in developing credit risk scoring algorithm, and building simpler AI-enabled financial delivery interfaces.
The Summit will be taking place at the Oriental Hotel, Victoria Island, Lagos on October 10, 2018. The theme for the Summit is “New Algorithms for the Financially Excluded Segment.”
Meanwhile, we wrote a comprehensive report on what our crew took away from the Google Partners launch and some other things you need to know about Google Partners.
Lastly, an interesting piece was written on what transpired during the panel session titled: Google Partners, Zegbua and the Paradox of Data Sharing.
That’s all for the week. Thanks for reading.
See you next week.