African Tech Emergence

Africa: The New Frontier for Emerging Tech

Posted by - February 27, 2020

For all the highly publicized ills that the African continent seems to be suffering from – corrupt politics and shortcomings in infrastructure to poor socioeconomic systems, African technology seems to be a shining bright spot. Kay Ugwuede of Tech Cabal writes that African innovation rises to meet the continent’s dire challenges. New startups aim to

5 Ways Artificial Intelligence is Being Used in Africa

Posted by - February 27, 2020

Africa stands on the precipice of emerging technologies and innovation in response to decades of hardship and frustration. Amongst those innovations are those in the AI sphere, with African developers and innovators finding unique and lucrative ways to make the lives of clients and customers easier. Here are 5 ways AI is being used from

Ghanaian start-up launches innovative mobile tracking app for parents, employers

Posted by - February 27, 2020

A Ghanaian software company has launched an advanced mobile phone tracking solution for parents and employers. The app has various advanced features for parents to track and monitor the activities of their children and for employers to track and monitor the activities and location of staff in real-time. “While parents assume their kids who are

JUMO Raises $55 Million For Expansion Into New Markets

Posted by - February 27, 2020

JUMO, a technology company building next-generation financial services for emerging market entrepreneurs, recently announced the successful raise of US$55 million in debt and equity funding.  This will support JUMO’s expansion into new markets and the launch of new products. The funding round introduced new investors to join existing investors such as Goldman Sachs, Odey Asset

Jumia is growing as a company

Posted by - February 27, 2020

The eCommerce business is booming and companies like Jumia are making lots of profit. Presently only operating in 6 markets, Nigeria, Egypt, Morocco, Ivory Coast, Ghana, and Kenya, Jumia recently exited Rwanda, Tanzania, and Cameroon to focus on nations that could aid their long term development as a company. Jumia, in its financial results for

WorldRemit Predicts 2020 to Be The Year of Intra-African Remittances

Posted by - February 14, 2020

Leading online international money transfer company WorldRemit predicts that 2020 will be the year of intra-African remittances. The World Bank already estimates that migrant workers within Africa send remittances in excess of $14 billion dollars each year, and in 2018 intra-African remittances represented 20% of global remittance flows according to Ecobank Group. The African Continental