Seems major tech giants and stakeholders the world over have seen the future. The recent influx of foreign investment into modern African Tech Ventures gives credence to that fact.
Today’s big 5 rounds off some of the most interesting news from the African Technology scene.
DEMO Africa Unveils Start-up Investment Arm… Launchpad for Innovative African launched investment arm called DEMO Ventures that will leverage off the pipeline of over 3,000 early-stage enterprises built by the African tech start-up Launchpad event as it raises a US$100 million fund.
Entrepreneurs across Africa have been called upon to attend the Ghana Tech Summit that will take place on July 18-20 in Accra, and will offer 100 free start-up passes and offer the top 10 the chance to pitch at its start-up showcase.
Still on start-up funding. Ten Egyptian tech start-ups have pitched at a demo day that concluded the first MINT Incubator programme, an equity-free accelerator run by investment network Cairo Angels and EGBank.
Facebook and top creative hub, Afrinolly has announced its new ‘Facebook for Creators’ training programme that is targeted at equipping thousands of young creative entrepreneurs across Nigeria with the necessary skills to thrive in the digital world.
And the last piece for the day; Teleology holdings limited has completed the payment of $351 million, bided to take over ownership of the debt-ridden 9mobile telecommunications and now awaits a transfer of the license by the Nigerian Communications Commission (NCC).