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31 - 10 - 2019

Hi there! Welcome to today's edition of TC Daily! Please take a moment to subscribe if you are yet to. You can also join our Telegram channel for the latest stories in the African tech ecosystem. Join our community!

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TechCabal’s #MyLifeInTech profiles the humans behind the most innovative, impactful technology startups across Africa. This week’s entry is about Philip Ngarambe. Philip is the co-founder of AC Group, a company that is digitizing the bus payment experience for 1.5 million commuters in Rwanda.
Moringa School, a technology skill acquisition company in Kenya has secured an undisclosed funding from DOB Equity, a Dutch impact investment company. Moringa School trains students in tech skills like Android development and web development to increase their chances of getting jobs. The company said it has trained over 1,800 students in the country with some coming from other African countries. It wants to use the new funding to expand in East Africa and deepen its course offerings.
Applications are now open for the 2020 Founder Institute startup programme in Accra, Ghana. Founder Institute is an accelerator programme for startups in their pre-seed stage. It provides support, mentoring and access to funding to cohorts. Click here for more information. Application closes January 26, 2020.
MTN Nigeria has grown its revenue for the first nine months of 2019 to N854.9 billion ($2.4 billion) as it looks like to beat revenue figures from 2018. During the same period last year, the telco raked in N764.5 billion ($2.1 billion); while its full-year revenue later stood at over N1 trillion ($2.8 billion), becoming the first non-state owned company in Nigeria to reach the trillion naira range. However, its 2019 revenue could be bigger than last year's. So far, MTN's revenue growth this year has been driven by strong voice and data sales. It has also witnessed interesting growth in its handset and accessories business. Revenue for this activity grew to N848.8 million ($2.34 million), up from N177.3 million ($489,103) in 2018. MTN now has 61.6 million subscribers in the country and wants to expand its 4G network to reach more subscribers.
Tickets are now available for the next edition of the TechCabal Townhall! TC Townhall: Edtech & the Future of Work will hold on November 29, 2019. We are bringing together regulators, government agencies, investors, entrepreneurs, NGOs, social enterprises and schools to set a strong agenda about how to use technology to leapfrog Africa’s education challenges and prepare our citizens for future jobs. Click here to buy your tickets. To enjoy our early-bird discount, click here or use the code TCEDTECH at checkout. Further discounts apply for companies/individuals buying at least 5 tickets. If you require the discount code for that, please fill this form
We are also putting together a map of the African edtech industry. If you have an edtech startup or you are a technology company doing significant work in the industry we would like to hear from you. Please fill this form.
Apply for the 2020 Injini edtech incubator. The six-months programme targets startups with evidence-based technology solutions that address issues in Africa’s educational sector. The Injini incubator will support eight startups, providing them with R100,000 ($6,600) in grant funding and advisory during the duration of the programme. Click here for more details.
The Africa Technology and Creative Group (ATCG) was formally introduced at a roundtable organised by the African Union (AU) for innovation ecosystem stakeholders, writes Aanu Adeoye in Addis Ababa. With around 300 members, the ATCG was launched to shape the African Continental Free Trade Agreement (AfCFTA) and make it transformative for creatives and domestic technology startups. Over the last few months, it has hit the ground running by creating six sub-groups to fast-track engagement with the AfCFTA agenda. At the recent AU roundtable, the ATCG subgroups showcased what they have been working on and how it will be of benefit for the success of the trade agreement.
The #JollofRoad team is currently in Guinea, the 7th country so far. Over the last 40 days, they've witnessed the state of international highways between West African countries, the challenges with customs, tech adoption in different countries and how worthless some African currencies are. Keep up with the team and their experiences. Visit jollofroad.com every day to catch up on all the stories from the road!
Building new cities to meet Africa’s rapid urbanisation is a risky bet
Tek Experts, a leading, global provider of business and IT support services is hosting its first Open Day Forum themed ‘Preparing for the Future of Work in Nigeria’. The Forum, which is a gathering of IT industry professionals, is holding on the 14th of November 2019 and 5 lucky TechCabal Daily readers will get special invites to attend. If you're interested in attending, please register here.
Early-stage fintech accelerator DFS Lab and The Subtext are organising a 5-part course about the opportunities in African Fintech. Learn more about the course and sign up here.
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