Welcome to another round of the Africa Tech News Roundup. We are pleased to usher you into an interesting weekend.
Will Huawei’s new Operating System Replace Android?
For those asking about the possibility of Huawei’s Hongmeng OS replacing Android, this is for you. Huawei has disclaimed allegations saying that their new Operating System will replace Google’s Android. Read More
Visa acquired a new Payment Platform
This week, Visa – a top multinational financial service provider has acquired Payworks. Payworks’ payment processing software will now be integrated into Visa’s platform for in-store, in-app and online purchases. Learn More
Farmcrowdy merged all business Subsidiary Companies
Nigerian agritech startup, Farmcrowdy Group announced a unification of all its business units into one company to be referred to as Farmcrowdy. With this latest arrangement, they intend to gain more tractions in the agricultural value chain, attract more talents and offer more options for sponsors registered on their platform. Read More
Is Lagos State Government demanding Licensing Fee from Motorcycle Ride-hailing Startups?
The Lagos State Government allegedly demanded the sum of N25 million annual license fee from on-demand motorcycle startups within the State. An additional sum of N30 000 will be charged on every bike that is registered outside the first 1000. Is this true? That, we can’t ascertain for now. Find out More
Interswitch is soon to List on the NSE and LSE
Interswitch, Nigerian leading Fintech company has revealed plans to list shares on both the Nigerian and London Stock Exchange, later in the year. The IPO has been estimated to value the company between $1.3 billion and $1.5 billion. Learn More
Interested in working at Amazon South Africa?
Amazon made some great announcements this week. They plan to offer over 100 jobs in the Amazon Web Services arm of their organization. To fit into their spec, you should know how to speak Dutch and German. Interested? Click here
Oui Capital and IBM plans to provide Startup affiliates with Cloud Credit
Oui Capital has partnered with IBM to provide 10 startups affiliated to them with $120 000 worth IBM Cloud Credit. The Africa-focused venture capitalist and global IT giant will issue the credit through “Startup with IBM program”. Interested? Click here
Microsoft wants to Sink-in $1 billion in Elon Musk’s AI Lab
Microsoft will invest the sum of $1 billion into the AI Lab that is looking to develop an AI that will replicate the human brain. The AI will not only replicate the human brain but also surpass human cognitive capabilities. Microsoft is also contributing Azure, its cloud computing technology for the database. Learn More
Google Unveils New Products for Nigeria
At the Google for Nigeria event which was held on Wednesday 24th July 2019, Google announced the launch of new products and features. Some of the features unveiled include an Online Safety Curriculum for students, new features on Google Maps, Gallery Go for photos, Bolo to help pupils read, etc. Read More
This is for Startups and Entrepreneurs in Senegal
Good news! GreenTech Capital has partnered with the Senegalese Government to fund startups and entrepreneurs with capital ranging from €10,000 to €500,000. They will also provide entrepreneurs in the digital sector with finance, capacity building programs, and infrastructure to help them develop sustainably. Find out More
Thank you for being a part of today’s edition!
Do Check out our social media page @techgistafrica to join the conversation.
Have a good day!