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The round was led by Matt Kalish of DraftKings with participation from TBD Angels, Skillz, Uber, as well as impact investors, Good+Well and PBP’s previous investors and financial supporters Founders Factory Africa, Mercy Corps and the Mastercard Foundation. In a statement, Matt Kalish, President and Co-Founder of DraftKings, said: “I invested in Powered by People because I believe there is a tremendous global demand for quality handmade goods made locally – and not mass produced – across textile, furniture, art and more....

On November 7th 2022, the African Union Commission (AUC) and the African Development Bank signed an agreement for $9.73 million in funds to implement phase one of the Upstream Project for Digital Market Development in Africa. This phase will run from 2023 to 2026 and the funds are intended to increase e-commerce and digital trade opportunities for small and micro businesses, as well as contribute to the overall growth of the African digital market....

After quitting his three year accountant job in 2012, Martin Ojwang, the proprietor of Ojey’s Designs Limited, discovered a source of income from bicycles that does not involve transportation. Ojey’s Designs Limited uses bicycle parts from rims and tires, to spokes and pedals. These are welded together to form the base of his furniture. “We do the bar stools, the bar tables and the trays, those go to the pub....

Sanwo-Olu made the pledge on Friday during a Digital Lagos event hosted by Vibranium Valley, a digital technology hub for innovation and collaboration owned by the Venture Garden group, where he addressed the tech community of start-ups, developers and tech innovators. He promised to provide institutional and infrastructural support for the growth and development of the technology sector in the State if elected as Governor in 2019. The candidate who early indications favour his win said technology is changing the way people live, work and socialize adding that social and governance problems are also solved with technological innovations especially in a city-state such as Lagos with a Gross Domestic Product of more than $136b dollars....

This inaugural competition is hosted by the company’s new Silicon Valley-based innovation center, LG NOVA, a strategic team within LG working with startups and entrepreneur communities to build new businesses and tap innovation from outside LG. Mission for the Future will be a nine-month annual challenge seeking the best ideas, concepts and businesses for a greener, smarter, healthier, more-connected future. The selected startups will begin working with the LG NOVA team on their business proposals within three to six months....

He became the founder of LiquidSpace, a benchmark setting collaborative workspace or coworking space that provides independent online traders in financial markets a high-energy, resource-rich, success-promoting environment to come and apply their trading skills in financial markets within a community of like-minded traders. This collaborative working style fosters partnership, learning and communial success in a way that no trader will ever achieve when trading from a comfort-of-home environment. At LiquidSpace, every aspect has been taken care of; from lightning fast optic fibre internet, online financial news service, printing, training and best of all coffee....

Safaris: Key to Luxury Tourism in African Countries Safaris have been a part of the economy in Africa for a long time now. But as the luxury market keeps growing, it is good to see that Kenya is able to establish itself, in this specific part of the tourism industry. It attracts very different individuals, including professionals that come to make documentaries on the wild life. The advance of technology has also helped, with the development of the time lapse camera, as an example, which lets professionals and amateurs take multiple photos, over many hours and days, enabling them to capture the movement of the wild life that passes by....

This is following a routine maintenance of the service as explained by the company. “All M-Pesa services will not be available from 11pm Saturday March 21, 2015, and will resume at 8am Sunday March 22, 2015,” said the company in advertisement on social media and in local dailies.

MainOne, a broadband infrastructure company providing innovative telecoms services and network solutions across West Africa has set out to empower young children as part of their Corporate Social Responsibility by providing them with sponsored training on Scratch Programming. The program will be facilitated in these schools by STEMCafe – a maker space for kids to explore and discover STEM (Science, Technology, Engineering and Mathematics) in a fun interactive way. According to both organizations, this pilot program will contribute enormously to the early exposure to STEM education as well as empower these young future innovators....

Wellness Pass is an interoperable and offline portable healthcare credential – accessible within a trusted network that creates continuity of care by allowing a patient’s medical data to be stored offline and travel with them on their Mastercard Community Pass chip card, which every patient receives from participating health facilities when they get their first vaccine or health service. For clinicians, Wellness Pass ensures that the vaccination records are available any time through participating health facilities, regardless of connectivity, and utilizes tokenized biometrics to verify service delivery and adhere to vaccination cycles....

Through the agreement, ThetaRay will provide MFS Africa its SONAR SaaS solution, including AI-powered AML transaction monitoring and sanctions list screening, enabling it to stay a step ahead of complex and emerging financial crime typologies, and increase growth opportunities with a trusted and secure service. MFS Africa has made significant acquisitions in the past year, acquiring Baxi, a leading super-agency network in Nigeria, and the US-based fintech GTP, a top processor of prepaid cards across the African continent....

However, according to a report by the UN, trade between African countries stands at just 20% while trade with the EU is at 60%. The total intra-African trade reached 130 billion representing 11.3 percent of African trade with the world. African countries have generally made modest progress in boosting intra-regional trade. Over the period of 2007 to 2011, the average share of intra-African exports to total merchandise exports in Africa was 11 percent compared to 50 percent in Asia and 21 percent in Latin America and the Caribean while 70 percent in Europe....

If you’re worried the metaverse will be all fun and games, fear not: Microsoft Corp is taking its own stab at the idea, and it will have PowerPoint and Excel. The company is adapting its signature software products to create a more corporate version of the metaverse a concept promoted by Facebook co-founder Mark Zuckerberg that promises to let users live, work and play within interconnected virtual worlds. The first offering, a version of Microsoft’s Teams chat and conferencing program that features digital avatars, is in testing now and will be available in the first half of 2022....

This time, it’s a laptop in the traditional sense without the fancy detachable screen to make it a tablet. The Surface Laptop has 13.5 inch PixelSense Display and a high resolution of 2256*1504. The device will run on the just announced lightweight Windows 10 S. The non-detachable keyboard is made of alcantara which is suede-like material that I can imagine will feel really gentle on the palm when typing. The laptop comes in the following colors; Platinum, Burgundy, Cobalt Blue and Graphite Gold....

‘Jaza Duka’, Swahili for ‘fill up your store’, is part of Mastercard’s Track Micro Credit Program. The program is a global, inclusive credit ecosystem that aims to help micro-entrepreneurs overcome cash constraints that limit their ability to buy and sell more products and ultimately grow their businesses. Commenting on joining Jaza Duka, Joanna Bichsel, Kasha’s Founder and CEO said “Kasha and Mastercard have a shared commitment to empower women to reach their full potential....

The event, which has so far seen over 20,000 youth from various parts of the country benefit from mentorship, networking and learning opportunities organised by young people, for young people. As has happened in the preceding events held in Eldoret, Thika, Nakuru and Nairobi, the summit will see BLAZE subscribers mentored by young Kenyans who have excelled in different professions, including rapper/entrepreneur Kevin Ombima aka King Kaka, entrepreneur Michelle Ntalami (C....

Founded in 2021 by Zouhair Hamdaoui, Damanesign allows users to sign and have documents signed in total security while guaranteeing their probative value. The startup also offers advanced management of signature transactions. It has now raised MAD4 million (US$450,000) in a round led by MITC Capital’s Maroc Numeric Fund II, making it the fund’s fifth investment and the management team’s 22nd. Damanesign intends to use the funds to expand its operations and further enhance its digital products....

Robert Rwakabogo, MTN’s Senior Manager of Marketing Operations said, “Our strategic objective is to drive data penetration in the different regions in Rwanda by offering enjoyable customer experience and exceptional value when using the Internet. As part of our vision of delivering a bold, new Digital World to our customers we will be educating our customers on the role of the Internet, showcasing MTN’s wide product and service portfolio as well as offer data enabled devices at affordable prices....

The growth was mainly driven by significant increase in Tanzania, Kenya and South Africa. Tanzania had the platform’s biggest user base in the quarter, recording 4.1 Million unique users, with Nigeria and Kenya recording 3.1 Million and 2.6 Million users respectively. In Kenya, Mdundo grew by 13% to 2.6 Million unique users contributing 15% of the platform’s total audience in the period. According to Rachel Karanu, Mdundo Head of Brand Partnerships Africa, “The rapid growth across the region further establishes our platform as a strong consumer touchpoint for our advertising clients at Mdundo For Brands....

Ctrl is a digital short-term insurance advice platform that was founded in 2017. Ctrl provides a unique tech solution to the short-term insurance industry and consumers through its single platform, which connects consumers, brokers and insurers in one place. The platform enables brokers to provide insurance advice digitally and allows underserved consumers to easily compare multiple quotes, obtain advice, accept cover and manage their policies. Ctrl offers consumer-facing businesses an opportunity to enter the insurance advice industry by providing insurance solutions to their existing clients, enabling them to generate an additional income stream....