Uber has partnered with Vodafone to enable its customers to access to its new service, ‘Uber Connect’ without data charges. The contactless delivery service ensures that friends and families can still share special moments with those who matter to them without any physical contact during this COVID19 period. Uber Connect
Technology
Andela is closing its offices in Africa and selling property
Weeks after announcing plans to go fully-remote, Andela is reportedly closing off its offices in Africa and also selling off their equipment. This comes after software-talent company laid off 135 staff, and announcing their plans to become a remote-first company while expanding their network to include top engineers from across the continent,
Government study projects 50% growth in e-commerce amid COVID-19
A policy paper by the Institute of National Planning (INP) has found that the demand for e-commerce in Egypt has increased due to the novel coronavirus (COVID-19) pandemic. The study, entitled “The possible repercussions of the Corona crisis on the Egyptian economy”, found a commensurate recession in traditional shopping methods.
Nigeria’s Fintechs project $543 million revenue growth in two years
The number of fintech companies in Africa grew at a yearly rate of 24 per cent between 2009 and 2019, fuelled mostly by Nigeria, Kenya and South Africa. This is even as is projected that Fintech revenues in Nigeria will grow from $153million in 2017 to $543million by 2022, driven
Digitalizing Sub-Saharan Africa: Hopes and Hurdles
In the latest analytical chapter for the Regional Economic Outlook for sub-Saharan Africa, the IMF’s African department examines how digitalization can transform economies and people’s lives. The COVID‑19 pandemic has amplified those hopes. The pandemic illustrates the value of digitalization, but is also a stark reminder of the remaining digital
Facebook Launches “My Digital World” To Meet Digital Literacy Needs In Nigeria, Other African Countries
Today, Facebook announced the launch of My Digital World, a programme designed to equip the youth and general public across Sub-Saharan Africa with digital skills needed to navigate the digital world. My Digital World is a consolidation of all Facebook digital literacy programs including Safe Online with Facebook, Ilizwe Lam,
UNICEF Funding Opportunity for Blockchain Startups
The UNICEF Innovation Fund is looking to make up to $100K equity-free investments (in USD and/or cryptocurrency) to provide early stage (seed) financing and mentoring to for-profit technology startups that have the potential to benefit humanity. Applicants have the opportunity to receive a portion of funding in cryptocurrency (bitcoin or ether) through our recently launched CryptoFund.
