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6 - 9 - 2018

Good morning, people!

Last year, the Ghanaian government promised to reform the country's ICT sector and woo more tech investors. Since then, the Nana Akufo-Addo-led government has implemented a paperless system at the ports, a national digital property addressing system, a mobile money inter-operability payment system (all of which have garnered praise from the World Bank). The Ghanaian government is also digging in and trying to woo investors from the US to China. A few months ago, the Ghanaian Vice President made a trip to Silicon Valley and most recently, the Ghanaian president met with Alibaba founder Jack Ma (who has reportedly agreed to set up his company's Africa operations in Ghana) in China. Also, Ghana raked in $3 billion in foreign direct investments in 2017 and Google just launched its first AI lab in Africa in Ghana. Yeah, I'm really itching for some Waakye right now. Unto the (relatively short) digest ...

Nigeria-based ISP, Tizeti, has raised $3 million in funding led by early stage VC 4DX Ventures with participation from existing investors Y Combinator Continuity, Lynett Capital, Social Capital, Western Technology Investment, Friále and Golden Palm Investments. The startup will use the funds to take its solar-powered base stations into other African markets - starting with Ghana. Tizeti (a YC Winter 2017 alumni) previously raised $2.1 million in seed funding and entered into a partnership with Facebook to offer Express Wi-Fi in the Nigeria in 2017.

Google Kenya is hosting the first Web Rangers Summit in Africa in Nairobi, Kenya. Web Rangers is a Google-led digital literacy programme aimed at promoting and educating the youth about how the internet is an empowering tool relevant to their lives and their future. More deets and info here

South African field sales management software company, Skynamo, is expanding into the US. Founded in 2012, the company says its cloud-based app is used by over 5,000 users at 440 companies globally. 

Netherlands-based Goodwell Investments has launched a new $23 million Africa-focused fund which it says will go to investments in the “inclusive economy in Sub-Saharan Africa."

Digital money transfer service World Remit is making a play in East Africa by launching its services in Kenya, Rwanda, Tanzania and Uganda.

Rwanda-based women-focued mobile e-commerce platform, Kasha, is expanding to Kenya. Launched in 2016, the social impact startup claims to have served over 5,000 orders.

There aren't many Kenyan Facebook pages with a high number of likes and a good engagement rate but if you are curious, Githinji Mwai, a a Kenyan Digital Media analyst, tweeted a list of the best performing pages. 

From TechCabal

Artificial Intelligence In Nigeria Is An Infant Space With Huge Potential

What You Should Know About Building An Edtech Startup In Nigeria


Thanks for reading!

We'll see you tomorrow.
- Akindare

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