Hello!
Welcome to this Friday’s Africa Tech News Round Up.
Enjoy!
UNCIEF launched the first Drone and Data Academy in Africa. The academy launched in Malawi will be a means for the organization to scale its services in Africa.
Did you experience last week’s slow internet throttle? Damage to two undersea cables along the west African coast caused the incident. The damage affected 12 African countries and top African Telco’s like MTN, Vodacom etc.
Dear female founder and co-founder, this is for you! Janngo, Africa’s first social startup studio has launched a €60 million Janngo Capital Startup Fund. The fund is targeted at African fintech startups with female leads.
Digital Lab Africa is calling on startups in the creative and cultural field to submit for its accelerator program. Startups with projects rooted in; digital art, immersive realities, video games, animation and music across Sub-Saharan are to apply before the 1st of March 2020. Apply here
On Partnerships, Flutterwave has partnered WorldPay. This partnership will allow Flutterwave the opportunity to handle WorldPay’s digital payment in Africa.
Did you hear? Paga acquired Ethiopia based software development company Apposit. This acquisition will help deepen its offerings. They also plan to expand to Mexico!
In a bid to monitor its waterways, the Lagos government has introduced 5000 drones. The drones will act as a third eye for Lagos waterways.
Guess what? Naspers sold up to 22 million N Ordinary shares in its internet division Prosus NV. This will boost its valuation.
Vodafone has pulled out of Facebook’s Libra association. Yes, you read right. The telco is pulling out to focus on its digital payment systems.
Finally, a report by Huawei Business Consumer Group revealed that Huawei shipped 6.9 million units of 5G smartphones in 2019. As a result, the company owned 53% of the global 5G market in 2019.
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See you next week!