Orange Social Venture Prize named Chaque souffle compte (Every breath counts), as the first prize winner. The startup is a maker of interactive incubators for newborn babies that can be remotely controlled using the doctor’s smartphone to prevent mortality among premature babies in Cameroon and in Africa. The second prize went to J-Palm Liberia, which creates small factories to process palm oil in rural areas to increase productivity by 50% and reduce processing time to boost farmers’ revenue....

The Seed Round last was raised from Anorak Ventures and Matuca Sarl, and angel groups like Nigeria’s Rising Tide Africa joined existing investors Ingressive Capital and MEST. “The OZÉ Flywheel makes profitable lending to MSMEs possible for banks.” says Co-founder & CEO, Meghan McCormick. “Using OZÉ already screens for the type of entrepreneurs banks should want to lend to and as entrepreneurs keep using OZÉ they can access more funds at a lower risk to the bank....

The car is modeled around 1960s longtail Le Mans racers. Pagani was approached by the two clients in 2018 about a longtail model, they worked with the firm for almost two years to develop the stylistic concept. Before beginning manufacturing, Pagani created one-quarter and full-size scale models to show the clients. The Huayra Codalunga (Italian for “Longtail”) is the result. The automaker invested a lot of money into the project to make sure it met all of the global rules for a road car....

The free to air local channels include, KTN, NTV, KBC, Citizen and other local channels that were to be aired on the Pay-TV platforms at no cost. The CA director-general Mercy Wanjau in a letter addressed to all chief executives and managing directors of the Pay-Tv providers noted that. The pay-TV providers do not allow FTA channels transmitted from the Pan Africa Networks Limited (PANG), Signet, Bamba and Africa Digital Network (ADN)....

A while back before the introduction of PESABAZAAR.com, the market was scrappy. Brokers, agents and insurance companies were the only people who could provide these services. Consumers who needed these services would go through a very time consuming procedure. Making calls with agents, brokers and companies would really take a long time. When you reach them and think your problems are sorted, that’s when your problems started. You were supposed to fill forms in order to get quotations and purchase the insurance cover you needed....

During the 2014 roadshow, Philips and the University of Johannesburg (UJ) inaugurated a high-tech Medical Simulation Lab to support clinical education; providing medical students direct access to real life situations, and technical know-how behind medical equipment in a contained setting. Since the roadshow began in 2010, Philips has trained over 3,100 healthcare professionals across Africa, organizing structured training workshops around maternal and child care, training practitioners where to look and what to look for, and preparing them on how to use this information to guide diagnoses and treatment decisions....

Also participating in the first closing is Novastar Ventures, which is making its third investment into the company and a number of other existing shareholders. Since starting operations in 2016, Poa has continuously improved its operations and market position and currently has over 12,000 home internet customers, as well as tens of thousands of street Wi-Fi customers. This additional funding demonstrates investors’ confidence in Poa’s ongoing strategy and underscores the need for African Internet Service Providers (ISPs) that focus on bridging the digital divide across the continent....

The cohort was selected after a rigorous vetting and panel selection process preceded by a recent countrywide rollout. Power Learn’s One million developers for Africa program is a comprehensive approach to supporting youths by providing them with accessible world-class tech education to grow their tech skills and set them apart. This allows them to become more adaptable and ready for changes in the future. “We are very proud to bring on this incredible first cohort of learners into our 1 million developers for Africa Program,” Mumbi Ndungu, Chief, Growth $ Operations Manager, Power Learn Project said in a statement....

Country President, Schneider Electric East Africa. Metaverse emerged as the new buzzword in the technology industry ever since Facebook CEO Mark Zuckerberg announced plans to invest $10 billion to help create the Metaverse. The Metaverse is the convergence of the digital and physical world. It is a 3D virtual space where users can gather as a group of avatars, interacting with one another in surroundings that replicate the physical world with select modifications....

+The startup declared profitability some days back. “Good day, I want you to invest in my… ” were really not words Chidi Nwaogu and his twin, Chika had to say to investors or companies before they launched their startup, Publiseer. The company, headed by Chidi, recently released a statement that it is now profitable (recording profit of over $10,000). In just 8 months. This is a very rare story in the Nigerian business environment....

The grants, disbursed through the Africa Digital Financial Inclusion Facility, will see Pula Advisors use the $1 million for research of social, cultural and economic factors that impact women farmers’ access to microinsurance in Kenya, Nigeria and Zambia. Research findings will inform the design and implementation of gender-centric insurance products. The project will be undertaken over a 3-year time frame. “This grant funding will be used to leverage technology to develop innovative and responsive loan and insurance products that can spur productivity and inclusion, especially for our women smallholder farmers and traders....

Last year in October, Apple presented the iPhone 12 series. The two cheap models were introduced in red, white, black, green, and blue colors. A sixth color has now been added; Violet. This new color brings a unique style and looks for the flat aluminum sides to the rear panel. You can order the new light purple color variant immediately from Apple’s website and available from April 30. The design of the iPhone 12 series has been thoroughly revised....

According to Rwanda’s Finance Minister, Claver Gatete, the country has made a notable process in economic growth in the last financial year, Rwanda increase from a 4.6 percent to 7 percent. This, the minister said, is attributed to the robust expansion in farming, services and industrial sectors. The east African nation’s 2013 growth suffered from cuts in budgetary support by donors, after United Nations monitors accused it of backing rebels in the neighboring Democratic Republic of Congo....

Enygma Ventures, a ZAR100 million (US$6.8 million) investment fund for female entrepreneurs and founders focused on Southern and Eastern Africa that launched in late 2019, provided the ZAR7 million (US$500,000) funding round. Adbot will use it to expand its customer base. Adbot, which was launched in 2019, provides small business owners with simple and supportive tools for success, allowing them to enter new markets and grow their businesses. In just 10 minutes, the business creates a Google Ads account and helps clients build up ads using machine learning and automation....

Sticitt Pay, a simple payment system co-founded by Theo Kitshoff, Mitch Dart, and Dennis Wevel in January 2018, simplifies payments within the South African education industry by providing niche groups with an alternative payment solution to cash, formal banking, and card-based payments. Sticitt, which is primarily focused on the education industry, earned $250,000 in funding in 2020 and has now received a strategic investment from a consortium led by Nustate Capital Ventures in a seed round that was 1....

Founded in 2018 by Francois de Wet, Wamly is one-way video interview software that helps companies recruit people for vacant positions without the need for one-on-one interviews, allowing them to interview more people and better candidates, faster. The software allows them to filter through applications quicker, review in their own time, and shortlist the best applicants for future interviews. Since inception, the startup has established itself as the biggest such provider in Africa, and is generating good recurring cash flow....

The service is available to all Safaricom customers, who can redeem their points through licensed Trading Participants, with ten already activated. These include NCBA Capital, Faida Investment Bank, AIB-AXYS, ABC Capital, Old Mutual Securities, Kingdom Securities, Suntra Investments, Francis Drummond & Company, Dyer & Blair Investments and Sterling Capital LTD. More Trading Participants will join in due course. “As we focus on the next phase of our journey to go beyond, our aim is to continue transforming the lives of our customers by delivering a wide range of products and services that align with their needs....

According to the firm, this move will empower the mama mbogas, the small and the micro agents who form the company’s network.This move is also expected to raise the firm’s revenues especially from M-Pesa. Safaricom saw 30.8% growth with EBITDA to Kshs 50.8bn with a margin of 49.8%. The firm’s net income increased by 32.4% to Kshs 23.9bn. Free cash flow of up 111.6% to 20.1bn. Safaricom’s M-Pesa revenue recorded a growth of 33....

Safaricom Chief Executive Officer Peter Ndegwa made the announcement as he released financial results for the half-year ended 30th September 2020. “As we go into our third decade as an organization, we aim to create a technology business by developing new digital ecosystems in health, agriculture and education sectors as we aim to provide digital solutions for our customers,” added Mr Ndegwa. The continued focus on customers led to a 10....

QHD+ resolution 521 pixels per inch Curved display Always on Display HDR10 support Both have OIS Front: 8MP f/1.7 with autofocus Quick charge 2.0 1P68 Water and Dust resistant 195g weight · Dual Rear Camera. One is regular wide angle, the other is telephoto · World first dual camera each having Optical image stabilization · Selfie camera with autofocus (rare feature) · Water and dust resistant · Bluetooth 5.0 · Fingerprint sensor (rear mounted) · Has 3....