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PRESENTED BY TEK EXPERTS

14 – 08 – 2019

Hey there! Welcome back after the short break. Please take a moment to subscribe to TC Daily If this mail was forwarded to you and have this delivered directly to your mail box every weekday. 

A MESSAGE FROM OUR PARTNER

Tek Experts, a leading, global provider of business and IT support services with presence in 7 countries, including Nigeria, is recruiting heavily for Subject Matter Experts in its Lagos office.

Tek Experts provides service options that enables global teams work effectively by developing technologies that enhance customer experience.  Whether it’s providing follow-the-sun software support services that deliver exceptional customer experiences, developing technologies that enable sales teams to increase and retain revenue or training and developing people to be the best they can be, Tek Experts’ focus is always on putting the customer first.

Interested candidates can apply for the career opportunity of a lifetime.

Gokada is shutting down. Temporarily. In a blog post published yesterday, CEO of the motorcycle ride hailing company, Fahim Saleh, narrated a disheartening trip he took on one of his app’s motorbikes which left him deflated about the quality of the company’s current operations. According to him, the company will temporarily halt its activities to  launch the Gokada 2.0 initiative which will usher in a new era for the company with brand new “sexy as hell” bikes, properly trained riders who are service driven and able to use navigation tools more accurately and effectively among other things. Saleh also says trips will be a lot safer as riders will be compelled to adhere strictly to traffic laws and ride with Bluetooth-enabled helmets. The initiative will also see improvement in rider treatment with the company promising to take care of vehicle maintenance and health benefits henceforth.

Lagos-based payments infrastructure firm TechAdvance has secured US$1 million in funding from Bahrain’s Lamar Holding. Founded in 2009, TechAdvance has six platforms offering solutions in the payments space, namely: Transfer2Africa, GPay, PayElectricity Bill, Bus.com.ng, Pay.me, and Bill.com.ng. iTechAdvance says it will use the funding — its first external investment — to support its emerging market expansion. It is not clear which countries the company is looking to expand to but it is likely these include markets in the Middle East.

Cairo-based trucking marketplace Trella has been accepted into YCombinator’s (YC) S19 (summer 2019) batch. Founded last year, the startup’s B2B platform connects shippers and carriers in real-time, using data to optimise drivers’ routes and increase the volume of backloads. CEO, Omar Hagrass says the startup is excited to be part of the programme and looking forward to building something really big. So far, Trella is the only African startup that has announced that it has joined YC’s S19 batch.

Tek Experts, a leading, global provider of business and IT support services with presence in 7 countries, including Nigeria, is recruiting heavily for Technical Support Engineers in its Lagos office. Tek Experts provides service options that enables global teams work effectively by developing technologies that enhance customer experience.  Whether it’s providing follow-the-sun software support services that deliver exceptional customer experiences, developing technologies that enable sales teams to increase and retain revenue or training and developing people to be the best they can be, Tek Experts’ focus is always on putting the customer first. Interested in the opportunity of a lifetime? Apply here!

This September, TechCabal is holding a gathering of the most knowledgeable and influential entrepreneurs, investors and policymakers in the mobility industry for our next TC Townhall event. Together we will explore activities, trends and challenges in Africa’s mobility sector and what the future holds. Some confirmed speakers include Omobola Johnson, Nigeria’s former minister of communications and Senior Partner at TLcom Capital, Uche Ogboi, who was recently appointed COO at Lori Systems, Obi Ozor, CEO at Kobo360 and Osarumen Osamuyi, Founder at The Subtext. Join us on the 27th of September, 2019 at TC Townhall: Mobility to gain deeper insights about the industry and its future, from the most important stakeholders. Want to find more details about the event and sponsorship opportunities? Click here.

OPay aggressively continues its expansion push with a recent launch of OTrike, a tricycle hailing service in southeast Nigeria. The new tricycle hailing service is making its debut in the commercial city of Aba and like ORide, discounts apply on every trip less than ₦400 ($1.10) within the first month of launching (August). Users of OTrike can go anywhere in Aba for ₦20 ($0.055) while it costs ₦50 ($0.14) to hire private charters. If you recall, OPay closed a US$50 million funding round just last month making it the largest for any Nigerian tech startup so far in 2019. It is unclear if (and where) the tricycle services wil expand into in the future.

The Nigeria National Fintech Conference series, now expanded in scope to a week-long of various events, is happening in multiple locations across Nigeria (Lagos, Abeokuta, Abuja and others) from the 28th October to 1st November 2019, with the main conference taking place on 29th and 30th October 2019 in Lagos. The theme of the Conference – Surviving with Fintech Innovation, What are the Sustaining Factors hopes to take a leap into the future of Fintech as it further disrupts the financial world. Join the rest of the world at the event in creating a future roadmap for fintech survival in Nigeria and Africa at large. Visit www.nigeriafintechweek.org

Save Eritrea, the entire continent is now on board the African Continental Free Trade Agreement (AfCFTA) ship and eager to see how this free trade area, now the largest in the world, will spur growth on the continent. With current volumes of intra-African trade very negligible and a narrow range of export options, the road to the success of the agreement is fraught with hurdles which must be addressed if industries like manufacturing are to benefit from its implementation.

In conjunction with Founders Factory, a corporate-backed technology accelerator and incubator, South African leading mobility corporate, Bosch is inviting smart mobility start-ups within Africa that are engaged in solving mobility issues on the continent to compete in the Smart Mobility start-up pitch. The winners stand a chance to win a share of a cash prize of US$30,000 and the opportunity to join a Bosch accelerator programme. Learn more and apply here. Applications close August 26.

Applications are open till August 27 for the Angolan leg of global early-stage startups competition Seedstars World, which will see up to 10 startups pitch to represent the country at the global final and compete for up to US$500,000 equity investment.

Egyptian healthtech startup, Chefaa has closed a six-figure US dollar seed funding round from Flat6Labs and 500 Startups. Founded in May 2017, Chefaa helps patients make scheduled medicine orders in a bid to tackle challenges with accessing medication in a timely fashion. The company says it plans to utilise the funding round to cover Egypt totally and begin expansion plans to the Gulf Cooperation Council (GCC) region by the end of the year. Chefaa received pre-seed funding from Flat6labs Cairo in 2018, as well as a social impact grant from the StartEgypt initiative.

If you are a Western Cape-based female founder and CEO aged between 25 and 50 and have a registered business that has been running for at least a year, you are invited to apply for a 10-week Top Tech Tools for Women in Business programme organised by the Cape Innovation and Technology Initiative (CiTi) in partnership with the City of Cape Town. Click here to learn more and apply. Applications close September 19.

Black and/or female fund managers looking to get a step up in the venture capital and private equity sector are invited to apply for the Southern African Venture Capital and Private Equity Association (Savca) Fund Manager Development Programme before August 19. The programme aims to support the growth of black as well as women fund managers through classroom-based teaching, one-on-one coaching, and support from industry stakeholders, ultimately with the aim of helping to stimulate the economy and create jobs. Learn more about the programmes objectives here (opens as PDF) or contact programme manager Melanie de Nysschen on 011 268 0041 or melanie@savca.co.za

Mark Essien has announced a partnership between payments platform Flutterwave, and the next cohort of his HNG Internship programme, a 3-month remote internship designed to find and develop the most talented software developers. The partnership will avail interns in the 6.0 cohort the opportunity to get hands-on experience on how to integrate payments into any software they are building. Learn more about the internship programme here.

That’s it,

We’ll see you tomorrow.
 
– Kay

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