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Tech services provider TD Africa and Cisco recently launched a month-long training program under the TD Academy banner to tackle Africa's technology skills gap.
The program, “Introduction to Cisco Networking Solutions and Workplace Professional Skills,” aims to tackle Africa’s technology skills gap. It combines technical training with vital soft skills, providing participants with a well-rounded skill set for today’s job market.
TurnStay.com, a South African travel fintech, has secured $300,000 in funding from DFS Lab and DCG, based in Silicon Valley and New York. The company plans to use this investment to expand across Africa and build on its existing momentum.
Founded by Alon Stern of Slide Financial and James Hedley of Quicket, TurnStay aims to reduce payment costs for African travel merchants by employing strategies used by major global booking companies to lower international payment fees without compromising safety or efficiency.
Mastercard has partnered with Kalabash54, the fintech subsidiary of Wakanow Group, to launch a travel card for customers in Nigeria and Ghana, the company announced on July 15.
This initiative aims to provide a secure and convenient payment solution tailored for regional travelers. Users can fund their trips directly through the Kalabash54 app using physical or virtual cards, with options to use local currency or USD.
With the launch of these travel cards, Mastercard and Kalabash54 aim to redefine travel payments in West Africa, simplifying financial management for travelers.
The Nigerian Computer Emergency Response Team (ngCERT) has reported a surge in ransomware attacks by the Phobos ransomware group targeting critical cloud service providers in Nigeria.
Phobos attackers gain access through phishing emails and exploiting the Remote Desktop Protocol (RDP) weaknesses. At-risk entities include providers serving government agencies, financial institutions, telecommunications, education, healthcare, and NGOs.
Zimbabwean financial firm BARD Santner Incorporated launched TX Money Transfer on July 10. The new platform is designed to enhance reliability and transparency in the remittance sector.
BARD aims to improve transparency regarding charges to avoid hidden costs and foster collaboration to eliminate process bottlenecks.
With the launch of TX Money Transfer, BARD Santner aims to set a new standard in Zimbabwe's remittance sector, ensuring better service for clients and strong business returns.
Nigeria-based NeuRaL AI has introduced REACTOR, an AI platform designed to help businesses integrate Generative AI into their operations.
NeuRaL AI is a company that offers Artificial Intelligence solutions to businesses, from setup to maintenance and training.
Visa has opened applications for the third cohort of its Accelerator Program in Africa. This initiative aims to support innovative startups by providing resources and guidance for scaling their solutions.
The Program offers mentorship, access to Visa’s network, and partnership opportunities to pilot solutions. It aims to help startups scale their operations and impact across Africa.
Applications close on August 11.
Innovate Africa has launched with an initial $2.5 million to support early-stage startups tackling Africa’s challenges.
The fund aims to back up to 20 startups in its first year, focusing on solving complex problems such as insecurity, unemployment, and poverty through purpose-driven technology.
Nala, a Tanzanian payments company headquartered in Kenya, has raised $40 million in Series A funding, Founder and CEO Benjamin Fernandes announced on July 9, on X. The fund will support the company’s global expansion and enhance its payment systems in Africa.
Nala allows users to transfer money from the UK, US, and EU to Kenya, Uganda, Tanzania, Rwanda, and Ghana.
The Offshore Lab, a Nigerian company focused on Project delivery, capacity building, education, technology and innovation, has announced the completion of the ICT and Innovation Centre at Sa’adu Zungur University in Bauchi State, Nigeria.
The project, funded by Shell Petroleum Development Company (SPDC) and NNPC Limited, was inaugurated on July 4. It aims to address both local and global challenges through advanced technology by bridging infrastructure gaps and equipping young people with digital skills.
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Digital Africa is set to host the Talent4Startup Job Fair on July 12. The fair seeks to bridge the gap between talented professionals and emerging startups, thereby boosting employability in the tech sector.
The job fair will feature candidates skilled in Front-End Web Development, Back-End Web Development, Digital Marketing, and Data Analytics.
The Agribusiness Innovation Challenge, co-created by the Nigeria Climate Innovation Center (NCIC) and the Global Alliance for Improved Nutrition (GAIN), invites young entrepreneurs aged 18-35 passionate about agriculture and technology to develop solutions to improve the food supply chain in Nigeria.
Winners will secure a 2,000,000 naira ($12,700) equity-free grant and other benefits, with applications closing on July 26th, 2024.
Africhange, a leading global remittance provider, launched, on July 3, its operations in the United Kingdom.
The platform aims to provide affordable and dependable international money transfer solutions for Africans abroad.
Glass House PR has partnered with the Fintech Association of South Africa (FINASA) to host the 3rd Africa Digital Finance Summit (ADFS) in Johannesburg.
The summit will discuss regulatory advancements, technological innovations, and fintech investment opportunities. It will take place from November 20th to 22nd.