03 – 01 – 2019

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Internet has been shut down across major cities in DR Congo pending the release of election results. Government is reported to be responsible for this shutdown, in a bid to curb misinformation and avert unrest. However, this does not bode well for the integrity of the presidential election and has heightened fears of irregularities in the election.

Tony Elumelu Foundation is now accepting applications for the 2019 cohort of the TEF Entrepreneurship Programme. The Programme is a 10-year, $100 million commitment to identify, train, mentor and fund 10,000 African entrepreneurs and is open to citizens and legal residents of all African countries, who run for-profit businesses based in Africa that are no older than three years. Applicants can apply on TEFConnect

The Communications Authority of Kenya (CA) has detected a malware targeting network systems, called ‘Emotet’. Emotet is an advanced and destructive banking Trojan affecting network systems. Biztech Africa, yesterday, reported that 11 cases targeting local institutions have been detected so far.

M-KOPA, a ‘pay-as-you-go’ solar and finance platform in East Africa has raised funding from Japan’s Sumitomo Corporation. Early last year, M-Kopa raised more than $10 million from a group of investors including FinDev Canada and was reported to have wired more than 500,000 homes at the time. While the details of this new funding from Sumitomo were not made available, the Japanese corporation, through this investment, wants to “contribute to improving the living standards of people inhabiting non-electrified areas”.

Hardware Lagos, a community of hardware makers and entrepreneurs, is organising a three-day conference on hardware product development between April 4 – 6, 2019 in Lagos, Nigeria. You can register or find more information here.

Join us at TC Townhall: The State of Healthtech in Nigeria holding on January 18, 2019. The event will convene some of the leading healthcare innovators, investors and policymakers to discuss the challenges and opportunities in the sector as well as put together proposals to support the growth of the sector. Our theme panel includes healthtech entrepreneurs with a wealth of experience, investors and government representatives. There will be a legal workshop and we will also unveil our Nigeria Healthtech Industry Report. Sign up here so we can notify you when registration goes live.

Huge Group’s CFO, Zunaid Bulbulia, a former CEO of MTN South Africa, has resigned. TechCentral reported that the company has entered into a consulting arrangement with Bulbulia for the provision of services. This is as a result of his involvement with “numerous other ventures that require his input on a daily basis.” Huge Group is an African investment holding company with investments in subsidiary companies operating in the telecommunications, technology and media industries.

The Guardian Nigeria published 10 things to know about CBN’s new payment service guidelines by Maria Rotilu. The regulation is targeted at banking services that can be led by non-traditional banking institutions, including Telcos and Maria’s article explains some important parts of the regulation while also providing some clarity.

The Sudanese Government has been the subject of cyber attacks foisted by anonymous hackers. The attacks include a shut down of the government’s website. The attacks are in retaliation to the government’s shutdown of social media and internet in a response to violent protests that rocked the country.

From TechCabal

+ Why You Should Have Made Money In The Telco Boom
+ An Insider’s Take On How Nigerian Students Use Social Media

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– Wole.

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