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The Big 5 Daily: First Hardware Innovation Hub Launched In Nigeria, EU Hits Google With $5bn Fine And More

Tech Gist Africa by Tech Gist Africa
07/19/2018
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Nigeria’s TaxiTV secures seed funding from Beta.Ventures… the advertising technology startup has gotten an undisclosed amount of funding in a seed round led by Beta.Ventures as it looks to scale its product, expand to other cities and improve its sales execution.

Still in Nigeria. First Hardware Innovation Hub, AlphaHUB launched… the innovation centre is dedicated to pushing for research and development in hardware and embedded system technology. Established in Kaduna State Nigeria, the hub will provide training, support and co-working space for budding entrepreneurs interested in the hardware development in Nigeria and Africa at large.

In Egypt at the latest DEMO Africa Innovation Tour Events, Start-ups from Egypt and Tunisia have been announced winners, earning them a place at the main event in Morocco this October.

Now let’s take you on a beautiful ride to Kenya; The emergence of women in the Technology ecosystem in Africa is quite encouraging. We have had more women take the front row in leading tech companies across the continent. Gone are the days when we had only men disrupting the tech industry in Africa. Meet Africa’s Peng Lei, Catherine Mahugu, Who Is Dedicated To Changing The Face Of E-Commerce In Kenya.   

Another big one! Google has been hit with a record-breaking €4.3 billion ($5 billion) fine by EU regulators for breaking antitrust laws. The European Commission says Google has abused its Android market dominance in three key areas. This is a pretty huge fine for the Tech giants – a record breaking fine, different from the $2.7 billion fine from the EU last year over manipulated search results. Let’s see if Google would be able to pull up a successful appeal.

That’s all for today folks. See you tomorrow!!!

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Tech Gist Africa

Tech Gist Africa

Tech Gist Africa is a leading online technology and digital media outlet, dedicated to providing latest tech news, product launch, startup news across Africa and sharing simple social media and digital marketing tips for startups, entrepreneurs and business owners.

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