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01 – 02 – 2019

Welcome to the New Month! We’ve brought you today’s edition of TC Daily. If this mail was forwarded to you, please take a moment to subscribe so you don’t miss out on future editions.


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.

A report by Hootsuite and We Are Social says that Egyptians spend 7 hours 53 minutes, almost a third of their day online, despite having the lowest average fixed Internet connection speeds of the countries covered in the report. The worldwide average for time spent online per day is 6 hours 42 minutes. South Africans spend over a third of their day online and also have one of the lowest average fixed Internet connection speeds.

Standard Chartered has announced the start of the second phase of its digital-only retail bank in Africa with Ghana, Kenya, Uganda and Tanzania. The first phase had involved a launch in Cote d’Ivoire.

Uber has launched its UberEats food delivery platform in Paarl, South Africa, allowing residents to order from a selection of the town’s restaurants. Uber Eats is an online food ordering and delivery platform launched by Uber in 2014.

Partech announced the final closing of its Partech Africa fund at €125 M ($143 M) and now have a presence in East Africa with Ceasar Nyagah joining the team as Investment Officer based in Nairobi, Kenya. The firm made two investments in Africa in 2018: TradeDepot, Nigeria; and Yoco, South Africa. The Partech Africa Fund plans to make 20 to 25 investments across roughly 10 countries over the next several years, according to general partner Tidjane Deme according to TechCrunch., a provider of carrier-neutral colocation services in Africa, announced the construction of their second data centre in Kenya. The first is located in Mombasa while the new Data Center is located in Nairobi. According to a press release we received, construction of the data centre started in November 2018 and is expected to be complete in August 2019. The new site will host more than 250 racks and accommodate IT power of 825kW.

Please follow this link to watch the innovation showcase presentations and panel session from our Fintech 2.0 #TCTownhall. At the Townhall, we gathered together entrepreneurs, stakeholders and investors who discussed fintech and its future in Nigeria.

From TechCabal

All The Presentations And Videos From Our Fintech 2.0 Event Are Now Available

The Troubling Afterlife Of Electrical And Electronic Equipment

That’s all.

We’ll be back on Monday.
– Wole

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