Egypt S Shiphaly Raises 6 Figure Seed Funding Round For Expansion

With the participation of well-known Saudi angel investors, the round is led by Faisal Abdulsalam, the founder of Purity and an active investor in Saudi Arabia and Egypt. Shiphaly is a mobile app and marketplace that connects buyers looking to buy goods from other countries with travelers willing to buy and deliver the items in exchange for a financial reward. Flat6Labs in Cairo accelerated the startup and received seed funding in 2019....

December 16, 2022 · 2 min · 341 words · Patti Kitchens

Egyptian Fintech Startup Telda Secures 5M In A Pre Seed Funding To Digitize Financial Management For Masses

The pre-seed funding round led by Sequoia Capital is the largest in the Middle East and North Africa (MENA).In addition; it is Sequoia Capital’s first investment in MENA, while Telda is the first digital bank in Egypt. Founders Ahmed Sabbah and Youssef Sholqamy founded the Cairo-based startup a month ago. The founders teamed up to work on Telda with an aim of changing how Gen Z spends and manages their money in the Middle East starting with Egypt....

December 16, 2022 · 2 min · 325 words · Jamie Zuniga

Egyptian Startup Fawry Fmcg Participates In The Sixth Edition Of Food Africa

The show, which will take place at the Egypt International Convention and Exhibition Center in New Cairo from December 12-14, 2021, will feature over 400 companies from 28 countries. Through its outstanding pavilion at the exhibition, Fawry FMCG will represent a variety of financial and technology services. It will deliver its most important services via an integrated technical system that employs the most up-to-date privacy and security methods. Commenting on Fawry FMCG’s participation in the exhibition, Eng....

December 16, 2022 · 2 min · 425 words · Joe King

Equity Named The Best Regional Bank In East Africa By The 2021 African Banker Awards

The African Banker Awards had earlier nominated Equity in two additional award categories including the nomination of Group MD and CEO Dr. James Mwangi as the African Banker of the Year for his stewardship in democratising access to finance, for adopting a twin-engine business model that both socially and economically drives the Bank’s championing of shared prosperity and for its adoption of a high- volume, low-margin business model. Equity was nominated for the Best Bank in Financial Inclusion Award category for its commendable role in delivering financial products and services to all in society including those at the bottom of the pyramid....

December 16, 2022 · 4 min · 683 words · Tony Horowitz

Ethiopia Readies To Launch Satellite

The primary goal of the agreement is to create, develop and launch between 20 and 25 kg medium research satellite in the following five years. According to Dr. Solomon Belay, the Director of EORC who signed the agreement, Ethiopia would benefit a great deal by owning a satellite. Sali Ahmed, the CEO of STSG stated: “My institution is prepared to do its level best to build space science in Ethiopia using its matured experience....

December 16, 2022 · 2 min · 224 words · Margarita Stutz

Ever Wanted To Own A Pair Of Transparent Earbuds Well This New Startup Is Building One

Creating the unimaginable in technology is what makes tech so exciting. Taking what you didn’t think was possible and making it a reality. Earphones in particular have kept changing over the years from being bulky headphones to airpods and now OnePlus Co-Founder Carl Pei who recently revealed that he’ll be launching his first product from his new startup named Nothing which will be creating invisible earphones. The idea behind his unique startup name is the fact that he looks to creating gadgets that will literally feel like nothing and because according to Pei technology all looks the same he wants to create something that will look different and to ensure that technology will be seamless in our lives....

December 16, 2022 · 2 min · 324 words · Michael Meade

Facebook And Messenger Will Now Share The Same Content On Stories Feature

Starting today, Facebook has discontinued the Messenger Day feature, the texting app will now have the same stories with Facebook main app. This means that, when a user posts something on Facebook Stories feature, it will appear on Messenger Stories as well. Also, when you view a certain Story on say, Messenger, it will appear marked as watched on Facebook main app. This unification will greatly simply things, you only need to post once and watch something once on either platform....

December 16, 2022 · 1 min · 192 words · James Seegmiller

Facebook Has Delayed Its Us Office Reopening Date And Has Made Booster Shots Mandatory

Facebook parent Meta Platforms has delayed its US office reopening date and mandated COVID-19 booster shots for employees returning to the office, joining the growing list of companies revamping reopening plans as Omicron surges. For employees who opt to work from the office, the reopening date has been delayed to March 28 from the earlier plan of Jan. 31, the tech giant said on Monday. Requirements from Facebook. All workers returning to the office will have to present proof of their booster jabs, while the company closely monitors the Omicron variant situation, it said....

December 16, 2022 · 2 min · 264 words · Virginia Brown

Facebook Will No Longer Support The Messenger App For Windows Phone 8 0 And 8 1

Facebook sent an email to everyone still using the Messenger app on Windows 8.0 and 8.1 to inform them of the cease of support. “Thank you for choosing to use Messenger. We regret to inform you that since the end of March, the app version you’re using is no longer supported and you cannot send and receive messages. To continue to send and receive messages from Facebook on your phone, update your Facebook app to the latest version....

December 16, 2022 · 1 min · 191 words · Melvin Hickerson

Fenix Launches Blockchain Platform To Help Music Artists Monetize

FENIX, not to be confused with African-focused solar energy firm Fenix International, also launched its utility token, FENIX Token, on sky.io to help crack the music industry where approximately 91 percent of artists go undiscovered or only take home about 12 percent of the money the music industry makes, according to a Citigroup report. “Nobody has really provided meaningful support to non-famous artists,” says Allan Klepfisz, Chairman & CEO of FENIX....

December 16, 2022 · 3 min · 434 words · Ellen Todd

Fidia Has Launched A Crowdfunding Platform For African Content Creators

Crowdfunding is one way for content creators to directly request support from fans who appreciate their work. With so many famous crowdfunding sites available to creators worldwide, it can be tough to discover one intended exclusively for Africans. Crowdfunding is not popular in this part of the world because growing crowdfunding awareness among typical creators is one thing, but building platforms that cater to Africans and their special demands is quite another....

December 16, 2022 · 2 min · 301 words · Helen Pool

Findit Ke Raises 200 000 To Disrupt How Users Interact With Businesses

Like the defunct Mocality, Findit signs up businesses-both online and offline and allows them to showcase their products and services as well as connect with their customers online. Findit is not the first app to be launched locally after the demise of Mocality and Google’s GetMyBusinessOnline and a similar platform for classifieds called GoogleTrader. The listing or business directory business model has never sustained any business locally followed by the classifieds business which saw Naspers’ backed OLX close shop across Africa....

December 16, 2022 · 2 min · 308 words · Michelle Resh

Flutterwave Taps Wizkid As Global Brand Ambassador To Launch New Remittance Solution Send

Send by Flutterwave aims to offer customers the easiest way to send money to all parts of Africa from within the continent and the globe as well as provide Africans easy access to fund overseas bank accounts. According to Olugbenga “GB” Agboola, Founder and CEO of Flutterwave: “Wizkid’s story is that of hard work, resilience and excellence. The way he constantly represents Africa in the global entertainment stage is something we love....

December 16, 2022 · 2 min · 421 words · Rosio Seth

Former Mayor Of Kampala Looses Shs8 Billion Case To Mtn

In his ruling, Justice Christopher Madrama of the Commercial said that the voice was recorded and caller tunes made and hence the facts were not in dispute. “An interview with the media is not a private conversation; you cannot control how the recording was going to be used. Copyright in voice recording serves producers and Sebaggala did not give instructions on how his speech would to be used. He freely gave his answers for the consumption of the public and his words were not twisted....

December 16, 2022 · 2 min · 262 words · Rickey Jefferson

Franc Wants To Make Investing Simple Affordable Social For South African Citizens Residents

Launched publicly in September 2019, Franc has now become a loved and trusted local household name, growing 5x in registered users in the last year and a 24x in investors. The simple to use app with simple financial lingo to help users feel empowered and in control of their own financial future. They are perfect for starting out when you want to get your feet wet and learn the basics about investing....

December 16, 2022 · 3 min · 443 words · Douglas Marier

Gemalto Acquires Safenet To Step Up Deployment Of Enterprise Security Solutions

Headquartered in Maryland, United States SafeNet is a global leader in software monetization and data protection. Currently, it operates in 27 countries and maintains the position as the biggest dedicated digital information security companies in the world. The company is believed to control the access to, protect and manage the world’s most sensitive data and high value software applications. According to Gemalto, some 400 million digital data records have either been lost or stolen in 2014 alone, prompting the need for effective protection of data....

December 16, 2022 · 2 min · 358 words · Wesley Deyoung

Google Has Announced They Will Be Displaying Covid 19 Health Measures On Google Travel

There’s no doubt that traveling has become a lot harder now with the current pandemic. Most people want to be sure that they are safe before going anywhere and they must assess the location before going there. Google has made it easier for people to gather data about the hotels they go to, this means when searches are made for a hotel on the platform, Information regarding the safety measures of that hotel will be displayed....

December 16, 2022 · 1 min · 158 words · Jeannette Landry

Google Highlights 62 New Emoji Coming To Android 11

Google and Microsoft partnered to sponsor a transgender flag emoji. Other final candidates for Emoji 13.0 include a polar bear, bubble tea, pickup truck, fondue, teapot, and piñata. The full list is available on Unicode. , with some of the Android variants already shown under the “Goog” column. According to Google today, Emoji 13.0 will become available “later this year” with Android 11. This is one of the first official references by the company to the next version of the mobile operating system....

December 16, 2022 · 2 min · 304 words · Karl Rigsby

Google News Has Returned To Spain After A Seven Year Hiatus

Google News has returned to Spain. Seven years later, Spain had to go without Google News for a long time, but the service will soon be restored. The Mountain View company said that its news service, which was shut down in Spain seven years ago owing to intellectual property laws requiring it to pay the media for the use of its material, will resume in early 2022. Several local newspapers then teamed together to pressure the government to act, believing that the lack of Google News would negatively impact the press....

December 16, 2022 · 2 min · 218 words · Ginger Bennett

Google Promises To Extend Daydream Vr Support To 11 Devices Samsung Galaxy S8 Gets It Today

During Alphabet’s earnings announcement yesterday, Google’s CEO Sundar Pichai said that they will extend the support for Daydream to 11 devices in total this year. So far, 7 phones are already in the program, they include Gooogle Pixel, Pixel XL, Moto Z, ZTE Axon 7, the Asus Zenfone AR, Huawei’s Mate 9 Pro and Porsche Design Mate 9 (just a Huawei mate 9, but for the filthy rich). Today marks the official entrance of the Samsung Galaxy S8 and the S8+ to the list (making a total of 9 phones) via an over the air update....

December 16, 2022 · 2 min · 252 words · Julia Buntrock