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Hello there! Welcome to today’s edition of TC Daily! Please take a moment to subscribe if this email was forwarded to you and have this delivered directly to your mailbox every weekday.
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| A MESSAGE FROM OUR PARTNER |
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Junior Achievement Nigeria (JAN), a non-governmental organization focused on empowering young people and building them into business leaders is celebrating 20 years of impactful work in Nigeria with its first annual youth leadership conference for young professionals. The speakers at this event include former Minister for Industry, Trade & Investment, Dr. Okey Enelamah, IFC Country Manager, Eme Essien Lore, Google’s Head of Brand & Reputation Africa, Jola Aderemi-Makinde, Citibank Managing Director, Akin Dawodu and Siemens Managing Director, Mrs. Onyeche Tifase.
Date: October 4, 2019
Venue: Landmark Event Centre
Time: 8:00am prompt
Register here |
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| Four startups have been named winners of the African leg of the MIT Inclusive Innovation Challenge, and will now advance to the global final for the chance to win US$250,000 in prize money. They are: Egyptian on-demand services platform Taskty, Kenyan daycare platform Tiny Totos, Nigerian lending service Social Lender, and South African retailer stock-ordering app Shopit. The MIT Inclusive Innovation Challenge, organised by the Massachusetts Institute of Technology (MIT) offers cash prizes to entrepreneurs from around the world that have developed technological solutions to empower working people and encourage economic growth. |
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| International money transfer platform, WorldRemit, has brought its cash pick-up option to its customers in Nigeria. Customers in Nigeria can now receive money from their benefactors in the diaspora in cash at FCMB Bank, Fidelity Bank, Access Bank, Zenith Bank, and Polaris Bank branches across the country. The cash pick up service is also available in Ethiopia, Zimbabwe, Ghana as well as Morocco. |
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| On Friday, 27th September 2019, we are convening our biggest townhall yet, the TC Townhall: Mobility. The townhall will bring together industry experts and government regulators in an interactive forum to discuss the future of Africa’s transport and logistics tech sector. Nnena Nkongho, Principal at DiGAME (with investments in Swvl) will be joined by Oluwadamilola Emmanuel, MD at Lagos Waterways, Uche Ogboi, COO at Lori Systems, Lola Kassim, GM West Africa at Uber, and Frederic Oladeinde, the Lagos State Commissioner of Transport among any others in a series of interactive panel sessions at the event.
To attend, get tickets to the event via this link. There is a 20% discount if you or your organisation would like to purchase five (5) tickets or more.
There will also be a series of workshops which you can register to attend via this link once you’ve purchased your tickets to the event. See you on Friday! |
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| Is an investable tech startup now simply a small business that has employed the services of a developer to build it a snazzy mobile or web app? In this op-ed, Haroon Sethi, Founder & CEO of Khareed, a Lahore-based SaaS, makes a case for why successful startups aren’t so because of the technology they employ or build alone but a combination of many factors particularly an effective team. |
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Egyptian delivery aggregator platform, Voo, has announced the launch of pick-up service for last-mile delivery. Voo offers delivery solutions to any e-commerce business that has a monthly volume as low as 50 orders a month, allowing them to integrate its service in their e-commerce platforms through its API. The service has launched with 50 outlets across Egypt with plans to increase this number to 70 by year end.
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| A bill called the Kenya Information and Communication (Amendment) Bill 2019, which is on its way to the country’s parliament, is seeking the strength of the law to regulate social media group activities as well as activities of bloggers in the country. If the bill is passed, bloggers will be required to register with the Communications Authority of Kenya (CA) or face a US$4,800 fine or jail term. The aim of the bill is reportedly to curb the spread of fake news and misinformation which is rampant across social media groups and unverifiable blog sources. Kenya is one of a number of African countries where governments are cracking down on social media freedoms either through legislation or by imposing taxes. |
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| Do you have a Minimum Viable Product and are looking for seed investments? Seedstars is back in Douala to look for promising startups in Cameroon. Apply before October 11. |
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| South Africa’s largest financial union, South African Society of Bank Officials (SASBO), is set to begin a nationwide strike on Friday, September 27 over shifting tides in the country’s banking sector which is culminating in job losses. The union says the sector’s plans to pivot to digital tools and services are taking the livelihood of its members and has planned five marches throughout the country in Johannesburg, Durban, Bloemfontein, Port Elizabeth, and Cape Town. The union has threatened to shut down automated teller machines across the country as well as internet banking facilities. The Business Unity South Africa (BUSA) will head to court sometime today to attempt to halt the planned strike action. |
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| It’s four days into the #JollofRoad tour and the team is currently in Benin Republic. ICYMI: Our sister and brothers Fu’ad, Kayode and Toke are travelling across 14 West African countries for a total of 80 days bringing you the best culture content from the continent. Check-in at http://jollofroad.com every day for a journal entry/video from the road to find out what they are up to. |
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That’s it for today,
See you tomorrow
– Kay
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