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This is the inaugural cohort of the new $30M VC fund of Catalyst Fund, anchored by financial sector development agency FSD Africa, aimed at supporting early-stage founders to develop technology that will make Africa more resilient to the impacts of climate change. “We are thrilled to have the opportunity to partner with ten groundbreaking African startups working to build a more resilient and sustainable future,” said Maelis Carraro, Managing Partner of Catalyst Fund....

CDC Group, at the UK-Africa Investment Summit (AIS) in London, announced a string of new partnerships totalling nearly $400m. The bulk of funds will be to provide African banks with greater liquidity to support SMEs, entrepreneurs and microbusinesses in their regions. These include: A $100m trade finance loan with ABSA, the South African bank, to support SMEs in southern AfricaAn MoU to commit $100m to CIB of Egypt to allow the bank to further support SMEs and microfinance enterprisesA $75m trade finance agreement with TDB to support bank lending to SMEs in 32 African countriesA $10m debt agreement with Mettle Solar Africa to accelerate the roll-out of solar energy in South Africa and Namibia$27....

All the applicants will have to stay in Nairobi during the period. Savannah Fund says it will deploy between $25,000 to 30,000 in each startup for just 12% equity stake. The fund is expecting to host up to 5 startups for the 3 months. Savannah Fund says as part of the investment there will be a $2,500 Program fee out of the investment to cover expenses such as legal and office space among others so the net funding is between $22,500 – 27,500....

The approvals come a few months after the company scored a permit to offer driverless ride-hailing services on peon roads in Beijing. This is the first of its kind move in China as Baidu will be the first autonomous vehicle company to offer driverless ride-hailing services to the public and collect fares. The permits were granted by the Chinese government agencies in Wuhan and Chongqing’s Youngchuna District. In a statement, Wei Dong, vice president and chief safety operation officer of Baidu’s Intelligent Driving Group said, “This is a tremendous qualitative change....

In her new role which will be based in Nairobi, Debra will oversee the development and implementation of business strategies across the East and Central Africa Franchise. “Debra is a highly accomplished leader with a wealth of experience gained within leading multi-national organizations. She has a strong track record of driving growth and is a versatile leader with deep understanding of customers and markets in Sub-Saharan Africa. She has held senior leadership positions in fast-moving consumer goods, including the beverage industry, manufacturing, and technology companies and I am confident that she will lead the Coca-Cola Franchise in its next phase of growth,” said Bruno Pietracci, President Coca-Cola Africa Operating Unit....

However, if you’re willing to try a dating app which is more likely to have a lot more weirdos, then perhaps it’s time to stop ignoring that nice man or lady who always comments on all your posts. A lady posted on Twitter and wished her husband a happy anniversary 6 years later after meeting on Twitter. Posting on Twitter, the lady identified as @itsayaaani shared cute photos with her lover on Monday, May 25....

The new venture, named FoundersLane Egypt, is co-led by Egyptian entrepreneurs Mohamed Aboulnaga and Anas Rabah, both venture capitalists and former startup founders. Aboulnaga recently founded PiE, an acquisitions and mergers (M&A) advisory firm and is the co-founder of MNT-Halan, an Egypt-based fintech super app and one of the country’s best-funded startups. Together, Rabah and Aboulnaga worked as a duo at Halan and UAE-based super app Careem and recently co-founded Klivvr, a fintech-focused venture capital firm....

Initially, the two partners will offer degree programmes for teachers starting with a Bachelor’s of Education and a Postgraduate Diploma in Education. The university announced this at the Kenya Primary Schools Head Teachers Association Conference in Mombasa. In a statement, OneUni, Chief Executive Officer, Gene Wade said,“We look to the partnership with Daystar University to facilitate access to higher education for the next generation of teachers and leaders through this transformative offering....

For further information, please visit the official website. Sexual abuse is a serious crime that must be addressed immediately. There are many ways to report Workplace abuse, and it is essential to speak to an authority in your organization or college. Legal Protections for Victims Most states have passed laws that protect victims during the criminal justice process. These laws may include the right to refuse to speak to a defense attorney or attend court proceedings....

Deloitte has launched its African challenge dubbed Deloitte Technology Fast50 Africa Programme competition, aiming to acknowledge and award African technology companies that have made strides business-wise in the past five years. “We at Deloitte want to reward companies who have achieved the status of high growth leaders because they have demonstrated innovative strategies, sound management and marketplace vision,” says Kamal Ramsingh, Technology Leader, Africa at Deloitte. According to Deloitte, any company that is run by African citizens or has Africans citizens as majority and has operating revenues of at least $70,000 and current year operating of at least $500,000 is qualified for this competition....

Like last years’, the application process will be hosted by DEMO Africa’s partner VC4Africa and the application window is open from today and will remain open throughout March, April and to close by end of May. Set to be held on 24th and 25th September at the Eko Hotels and Suites in Lagos, DEMO Africa will this year qualify just 30 startups than the traditional 40 each year. In a statement, Ben White, Co-Founder and CEO of VC4Africa said: “We are looking forward to having even more mature applications this year....

Despite having a lot of facilities, Instagram still has some restrictions that block one’s way to access. To resolve these issues, developers have developed a tweaked version of Instagram named Instagram++. The platform is not only being quite easier, favorable, and convenient to use. But in fact, it also comes up with a wide range of features that surely the basic version doesn’t include. How to Install Instagram++ on iOS from the CokernutX App?...

Various trackers from Meta and likes of Google tend always stay hidden on any App. In that manner, they track your behavior while online and even when offline. Luckily for iOS users, they have every reason to have their lips wide open. Apple has attempted to address the issue by offering a setting that prevents apps from tracking user activities. However, for Android, the problem seems not to be addressed, and that’s what DuckDuckGo is trying to fix right away....

Startups can make money online through our Affiliate program, such as “My Goods, Service and I” as their marketplace where people around the world can easily connect to them. This feature works both online and offline and users can sell and buy unique goods/services and connect with entrepreneurs who want to share ideas, collaborate and are in need. Using the App, you can apply for the African Entrepreneur Start-up Project (AESP) Financial Grant, make money online through their Affiliate program, tell the world about yourselves and your goods/service via our marketplace....

Ellevate is a multi-award-winning solution designed for businesses owned by women, managed by women, businesses with a high percentage of female board members or employees and companies that manufacture products for women. the programme is supported by the Ecobank Academy in partnership with the Global Business School Network and supported by its members, School of Business, INSEAD Africa Initiative and INSEAD Emerging Markets Institute (EMI), Lagos Business School, MIT Sloan Global Programs, Stanford Seed, and the University of Cape Town Graduate School of Business....

Minly’s position as the region’s leading creator economy platform will be enhanced by the purchase of Oulo, which will accelerate Minly’s growth trajectory and customer reach. The merged business will operate under the Minly brand and roll out its combined experience offerings across the entire region. Kamal Nazha, the founder and CEO of Oulo, will join Minly as Chief Commercial Officer as part of the transaction. Mohamed El-Shinnawy, co-founder and CEO of Minly, said: “We are delighted to join forces with Kamal and the Oulo team....

The funds will be used to expand the women-led startup’s operations across Egypt. “Our mission is to make entrepreneurs feel safe to follow their dreams, in Egypt and in the Mena region. Entrepreneurship is a test of wills, one that we will make easier by taking the legal burden off your shoulders,” said Hala Riad, Hekouky co-founder. “We firmly believe that the regtech space in Mena is ripe for disruption,” said Mohammed Alzubi, Managing Partner at Nama Ventures....

Equitel will offer its customers the budle for as little as Ksh 1,249 per month. These will see customers enjoy 500 minutes across all networks plus a free Riziki cover of up to Ksh 2,500 per night in case of hospitalisation, under the new bundle. Equitel customers can also receive 1,000 minutes and a free Riziki cover for the subscriber and their family once they purchase a bundle valued at Ksh 2499 In addition, the customer and any family member will receive up to Ksh 2,500 for per day as compensation for any lost income when hospitalised....

Nawah Scientific, which was founded in 2015, is an online platform that receives experiment requests, collects samples, conducts tests, and digitally provides the results. Its goal is to allow scientists to undertake better research regardless of their location or access to lab facilities. “It’s such an honor” Dr. Omar Sakr, Nawah’s founder and CEO commented. He added “Dr. Abdelhadi has been always a role model to look up to. He comes with immense experience in the pharmaceutical industry, sales, and marketing across the same geographical markets Nawah plans to expand to, in addition to deep hands-on expertise in managing operations at such a scale....

A well-executed business plan can make all the difference in the success or failure of your new massage business! Essential Things To Consider in a Massage Business Plan Some of the essential things to consider when creating a business plan for your massage business include: The Cost of Overhead and Marketing Rent, utilities, advertising, and other start-up costs can add up quickly. Ensure you have a realistic estimate of these costs before you begin your business....