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PRESENTED BY MAINONE

24 – 01 – 2019

Hi there. This is today’s edition of TC Daily, your favourite roundup of technology around Africa. If a friend or colleague sent this to you, please take a moment to subscribe so you don’t miss out on future editions.

A MESSAGE FROM OUR SPONSORS

MainOne’s Nerds Unite 2019 conference is themed “Accelerating Digital Transformation”. This invite-only tech conference targets MainOne’s global, enterprise and start-up ecosystem. It will feature over 20 global and African speakers who will provide insights about tech disruption in Africa and the role of connectivity and cloud services in driving growth. Be part of the conversation by registering here.

Bloomberg reports that Former US Vice President Al Gore’s investment firm, Generation Investment Management, is leading a $100 million funding round in Andela. This would bring the company’s total venture capital funding to $180 million to date. The company’s last funding round of $40 million was led by CRE Venture Capital in 2017. Lilly Wollman, Partner & Co-Head of Growth Equity Strategy at Generation Investment Management, expects the company to be placing 10,000 developers with clients within the next several years.

According to IT News Africa, the government of Uganda has moved ahead to arrest and deport Elsa Muzzolini, MTN General Manager Mobile Financial Services, in an on-going crackdown on the telecom’s employees allegedly engaged in espionage.

Our Health Tech Townhall and the public launch of our State of Health Tech in Nigeria Report is happening tomorrow, Friday, January 25, 2019, at Impact Hub Lagos. The event will convene some of the leading healthcare innovators, investors and policymakers to discuss the challenges and opportunities in the sector. There’s also going to be a legal workshop so you definitely don’t want to miss it! Register here to attend, slots are limited.

Cameroon’s plan for a Francophone-led tech hub, Cameroon Silicon River, isn’t being welcomed in Silicon Mountain; the already burgeoning tech ecosystem in Buea, in the English-speaking region of Cameroon. For the last two years, activists in the English-speaking regions of the country have protested against marginalization by the French-speaking dominated government. You can read the full gist on Quartz Africa.

Egypt’s Angel investment network, Cairo Angels claims to have invested $2.3 million in 24 startups even as Egyptian entrepreneurs seem to be turning to angel investors to secure their startup’s first capital. The angel network says their major challenge is finding startups to invest in as there is a small pool of startups to pick from. Ventureburn has more.

The Conversation urges governments in Africa to rethink how they move to electronic platforms. The article lauds the use of e-government platforms, reporting that Ghana, Mauritius, South Africa and Tunisia were rated as having a high e-government development index. However, the complaint is that the services only serve the middle class and rich upper class leaving out a majority of the citizens of these countries.

E-commerce and services appear to be the next stage of China’s strategy into Africa according to the China Economic Review. Here’s a piece that examines China’s foray into the continent in the e-commerce sector.

A London based startup accelerator has opened applications and is looking for African businesses to support. You can now apply for the MBTN Africa Innovation Accelerator program which aims to identify, support and fund the next generation of technology enabled start-ups solving problems in African Markets. Details here.

From TechCabal

Ride or Die – The Economic Case For Online Cab-hailing Services In Enugu
+ TC Townhall: The State of Health Tech in Nigeria

All done.

See you tomorrow. 
 
– Wole.

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