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01 - 05 - 2019

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Amidst a shortage of healthcare specialists especially in dermatology and otolaryngology, Liquid Telecom Kenya and the Aga Khan Hospital in Mombasa have struck a highly beneficial partnership to bring medical care to citizens in remote outposts. Connected via Liquid Telecom's high-speed fibre network and using digital consultations and diagnostic services, specialists are able to diagnose and offer medical help from Mombasa to patients who would otherwise have no access. The roll-out of services is said to have begun in August 2018 with services focused on family medicine, obstetrician-gynaecologist, ear, nose and throat as well as dermatology. About 200 patients are attended to daily.

South African insurance tech startup Nobuntu has raised an undisclosed investment from Blue Garnet Ventures, angel investment arm of Crossfin. The company says the investment will enable it develop and launch its flagship peer-to-peer pension savings product called The People’s Fund, which provides customers with more returns the older they get. Nobuntu was one of 20 tech startups from Kenya, Nigeria and South Africa selected for UK’s Department for Digital, Culture, Media and Sport’s Go Global Africa 2019 programme.

Nigerian ISP leader Tizeti has launched an unlimited voice service app for Android and iOS mobile devices - With monthly subscriptions starting from N6,000 [$16.67] a month, users can make unlimited voice calls to anywhere in the world via IP phones or web portal. As part of its additional features,  mobile users will be able to place calls directly from Twitter while developers will have access to the API suite within the platform, to tailor product-based solutions for businesses. is now available for download in Google Playstore and Apple Store.
South Africa's Standard Bank will partner with Microsoft to drive its digitisation in the coming months. The partnership will see Microsoft providing cloud services for the bank’s internal corporate functions such as treasury, finance, employee productivity and human resources. Microsoft and Standard Bank already have a long-standing relationship, with the former providing infrastructure, software, and platform services to the bank as well as cloud services across its productivity suite. Standard Bank's efforts to digitise its retail and business departments will see the bank cut around 1,200 jobs and close 91 branches across the country.
Mastercard is expanding its Engage programme to Lagos, Nigeria and Nairobi, Kenya. Mastercard Engage is a global partnership and development programme that connects financial institutions, merchants and IoT manufacturers with the right technology partners that can help them deliver innovative payment solutions, for businesses and consumers alike. Learn more about the Mastercard Engage programme here. 

Have ideas to address security, environmental and accountability issues in Warri, Delta State and Nigeria? Apply before June 3rd to join the three day Warri hackathon, Waffkathon.

University of Nigeria's Lion Science Park has launched its Venture Cup startup competition to offer equity-free cash prizes to student-run businesses. Apply here before May 15.

Nigerian Minister of Labour & Employment recently sparked outrage with his comments about the surplus availability of doctors in Nigeria. And rightly so. Contrary to his opinions, the patient to doctor ratio in Nigeria is currently 1:5100. There's not enough of them. There's more in our in-depth report about The State of Health Tech in Nigeria. Get the full report here. Please send us a reply via this mail if you have tried unsuccessfully to purchase the report. Kindly note that we are also accepting bank transfers. If you'd like to purchase the report through a bank transfer, also send a reply to this mail and we will attend to your request.

Kaspersky Lab says that in Q1 2019, there has been more than 150 million malware attacks in the Middle East, Turkey and Africa, an average of 1.6 million attacks per day. These findings were unveiled at the Cyber Security Weekend in Cape Town. Most of the attacks were targeted at mobile phone users and come in the form of cryptomining malware, phishing and ransomware. There is need for increased cyber awareness and education, especially for large organisations. With increasing mobile phone access, corporate data can now be accessed from anywhere through mobile and so employees become easy targets for cybercriminals.

The Firm is hosting the second edition of its Breakfast Session themed “Investment in Nigeria’s Telecommunication, Media and Technology Market” on May 20, 2019 at the Wheatbaker Hotel Ikoyi, Lagos, Nigeria. The Breakfast Session will focus on discussions bordering on exploring technology investment opportunities, financial inclusion and the need for intellectual property protection across the Nigerian TMT space.

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That's all,

See you tomorrow.  - Kay
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