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They are among the 18 finalists nominated out of hundreds of applications received by JFD, a network of women entrepreneurs. They were nominated in the Entrepreneur, Intrapreneur, and Junior categories in Africa. 

On Monday, April 17, the women entrepreneurs’ network  Journée de la Femme Digitale (JFD) unveiled the list of the winners of the 2023 edition of its “Les Margaret Awards.” 

Of the 18 finalists in the three categories of the competition, three were African entrepreneurs.  In the “Margaret Entrepreneur Europe & Africa” category, Cameroonian entrepreneur Nelly Chatué-Diop (co-founder & CEO of EJARA) was one of the two winners. 

Ghanaian-born Rhoda Oduro, the Business Development & Operations Manager of Developers in Vogue, was one of the two winners in the “ Margaret Intrapreneur Europe & Africa” category.  

In the Junior category, Melissa Djouka, another 17-year-old Cameroonian, won the award for the African region, thanks to her project Immo'Sure, a platform aimed at securing the real estate market and protecting its actors in Africa.

For one year, the winners will receive unique and exclusive opportunities to support and accelerate the development of their projects. They will be mentored by companies like La Poste, Google, Axa France, and Universal Music France. They will also receive support from some of the world's largest accelerators, such as the Transatlantic Fund of the French Chamber of Commerce and Industry in Canada.

For the African winners, CIO Mag, Affectio Mutandi, and Gabon 24 will offer targeted training worth €20,000. Africa Mutandi will also allow them access to its investors' network. 

"For more than 10 years, we have been working with our partners to accelerate the growth of the Margarets and to reveal the economic and social potential of these future leaders to as many people as possible. This year, we are taking a new step by opening up completely new financing and outreach opportunities for them, " said Delphine Remy-Boutang, founder of JFD & Business Angel. 

As a reminder, the Margaret Award was launched in 2013 by JFD. Each year, it rewards African and European women entrepreneurs and intrapreneurs whose projects and innovations address major societal challenges. The award honors Margaret Hamilton, former director of the software engineering department at the MIT Instrumentation Laboratory that developed the embedded software for NASA's Apollo space program.

Samira Njoya

Posted On mercredi, 19 avril 2023 11:59 Written by

The labor market is undergoing a profound transformation as digital technologies keep growing. While many jobs are disappearing, more are being created and their requirements are changing. In that context, the government needs to urgently take appropriate measures to anticipate and find solutions to help fill the vacancies that are opening.  

South Africa will soon launch a nationwide training program to equip the unemployed youth with digital skills, President Cyril Ramaphosa (photo) recently announced. In his weekly newsletter published on Sunday, April 17, he explained that ZAR800 million ($43.6 million) will be invested to fund this new youth initiative led by the National Skills Fund.

According to the World Economic Forum (WEF), “South Africa is projected to see the highest jobless rate globally. As the most industrialized nation on the continent, unemployment is estimated to hit 35.6% in 2023.”

This is due to a number of causes. They include low economic growth that has led to fewer job opportunities, a mismatch between education and skills that makes it difficult for many people to find work, and structural problems like unequal access to opportunities. There are also concentrated ownership, a limited domestic market, and a rigid labor market with labor laws, regulations, and collective bargaining agreements that limit access to employment, particularly in the SME segment. 

As the digital economy creates new high-potential occupations, the government sees the retraining or reorientation of some South Africans as a way to respond to the new labor market realities brought about by the accelerating digital transformation. The project to equip the unemployed with digital skills is one of the many development initiatives taken by the government, since 2020, to prepare the country for the fourth industrial revolution. 

Over the past three years, many international and local companies specializing in digital services or broadband connectivity have increased their investments in South Africa. New companies have expressed interest in the market.  The various investments are expected to create thousands of specialized jobs, which the South African government wants to prepare the local workforce for. 

Muriel Edjo

Posted On mardi, 18 avril 2023 12:44 Written by

The coalition was founded in December 2022 to bridge the digital divide in Africa. To achieve this ambition, it focuses on universal acceptance. 

The Coalition for Digital Africa announced, Thursday (April 13),  the launch of a new initiative to strengthen Internet infrastructure across the continent. The initiative aims to prepare the websites, applications, and email systems of African higher education institutions to support all domain names and email addresses.

It is supported by the Internet Corporation for Assigned Names and Numbers (ICANN) and conducted in collaboration with the Association of African Universities (AAU). In its framework, the Coalition for Digital Africa will educate African higher education institutions on Universal Acceptance (UA), one of the foundations of a multilingual Internet that allows users worldwide to access websites in local languages. 

It will provide training to help the targeted institutions configure their websites, applications, and email systems to make them AU-compliant and integrate AU concepts into their curricula. 

The project is part of a series of initiatives announced by the Coalition for Digital Africa when it was founded, in December 2022, to ensure the safe and stable growth of the Internet in Africa and close the gap between communities and economies. 

The initiative highlights an important step to building more useful and empowering websites and digital apps in Africa: expanding the choice of languages and scripts. 

This work truly lays the foundation for a more inclusive Internet. [...] By enabling the use of local languages and scripts, users here in Africa and around the world will be able to more readily access important content online – from within the continent and beyond – for academic purposes,” said Professor Olusola Bandele Oyewole, Secretary General of the AAU. 

Let’s note that in Africa, some 1,000 to 2,500 languages are spoken, according to the Education for All Global Monitoring 2005 report published by the United Nations Educational, Scientific and Cultural Organization (UNESCO).

Posted On vendredi, 14 avril 2023 11:51 Written by

In Africa, poor access to financing remains an obstacle to the development of startups operating on the continent. VC Funds are being launched to address that issue and help them grow in underserved markets.

Dutch investment firm Goodwell Investments and Dutch foundation Oxfam Novib announced, Friday, the launch of "Pepea", a joint €20 million ($21.7 million) fund focused on financing early-stage East African startups, specifically in Kenya, Uganda, and Ethiopia.

According to the statement released by Goodwell Investments, the fund will focus on companies in the sustainable agriculture, energy, mobility, logistics, and waste management sectors.

"We acknowledge the challenges faced by SMEs in the region (especially those that are women-owned) in accessing fine-tuned patient capital and we now want to play a role to address those needs," said Tamara Campero, investment manager at Oxfam Novib.

In an analysis published on June 14, 2022, Africa: The Big Deal informed that East Africa was one of the regions with a sufficiently developed venture capital ecosystem on the continent. It attracted nearly 23% of the funds raised by African startups since 2019. Kenya alone attracted most of the funding,  nearly $1.9 billion in two and a half years.

By launching "Pepea," Goodwell Investments and Oxfam Novib want to further develop the region and support startups that are generating revenue but have not yet raised funds. Pepea will ensure that the companies it selects have the right structures and systems to attract more financing. 

Samira Njoya

Posted On lundi, 03 avril 2023 16:04 Written by

With African countries progressively moving towards the fourth industrial revolution, businesses need to adopt digital solutions in their development strategies since such tools are crucial to making them sustainable. 

IT solutions provider ZTE Corporation and South African systems integrator BCX recently signed a strategic cooperation agreement to promote the deployment of digital solutions in South Africa. 

The agreement, signed on the sidelines of the Mobile World Congress 2023 (MWC 2023), was disclosed in a release published by ZTE last Thursday. 

BCX takes a deep dive into Africa and the Middle East, and has made great achievements in regional digitalization. The strategic cooperation between ZTE and BCX can achieve complementary advantages. ZTE and BCX will bring about more changes and market opportunities in the industry’s expansion and help accelerate the regional digitalization process,” said Zhang Wanchun, SVP and General Manager of the Wireless Product Operation Division at ZTE. 

In recent years, digital solutions have become essential to pinpoint consumers’ interests and developing businesses. According to a McKinsey & Company report on the future of work, “digitization and automation could result in a net gain of up to 1.2 million jobs in South Africa by 2030.”

Through their strategic agreement, BCX and ZTE aim to cooperate to further develop the digital infrastructure in South Africa, including servers, storage, private 5G, data center infrastructure, and private clouds. With this agreement, BCX becomes an official channel partner of ZTE in the South African enterprise network market.

Samira Njoya

Posted On vendredi, 31 mars 2023 13:54 Written by

In 2020, the coronavirus pandemic highlighted problems in the African food supply chain. It then sparked strong investor interest in technology as a potential solution to satisfy consumers in an increasingly digitalized world. 

In 2022, African agrifoodtech startups attracted $640 million in investment, up 22% from 2021 when the volume of funds attracted was $536 million. The figures are disclosed in a report released by venture capital fund AgFunder, in collaboration with Singaporean sovereign wealth fund Temasek.

During the period, the mechanization segment attracted the lowest amount in that category. Indeed, startups in agricultural robotics, mechanization, and equipment that integrates connected tractors, drones, and automatic agricultural machines attracted only $10 million. That is 1.56% of all investments mobilized by African agrifoodtech startups. 

Investment by start-up category in 2022 ($)

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Source: AgFunder

Yet, according to the Food and Agriculture Organization (FAO), agricultural mechanization is essential in Africa because it alleviates tedious tasks, increases agricultural productivity, improves income, and contributes to food security. In 2019, the organization lamented that 65% of smallholders were still using human muscle power to prepare soils while 25% of them were using animals against only 10% using mechanized means for the task. 

In comparison, in South Asia, human muscle power use has already fallen to 30 percent for land preparation work, compared with 40 percent for motorized machinery, while in Latin America and the Caribbean motorized machinery was used by 50 percent of farmers. 

Investment in mechanization by region in 2022 ($)

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Source: AgFunder

According to AgFunder, four agrifoodtech segments captured the bulk of the sector's funding in 2022. In-Store Retail & Restaurant Tech startups attracted $197 million. Midstream Tech startups, which operate in the food safety, traceability, logistics, transportation, and processing segments, among others, have raised $170 million.  

Meanwhile, start-ups offering marketplaces and financing solutions attracted $131 million, while start-ups specializing in cloud computing technologies that produce, among other things, ghost kitchens and autonomous delivery robots raised $44 million. These are much larger sums than those raised by startups that offer production improvement tools.

Muriel Edjo

Posted On mercredi, 29 mars 2023 03:26 Written by

Africa is attracting a rising volume of venture capital but, most of the funds go to startups in a handful of countries. 

Factor[e] Ventures, a team of company builders that invests in early-stage startups in sub-Saharan Africa and Southeast Asia, has launched Delta40, a startup studio specifically focused on Africa.

Per its website, Delta40’s “mission is to increase incomes and tackle climate change in Africa by building high-impact, technology-enabled energy, agriculture, and mobility ventures led by diverse, experienced founders.”

A decade of investing in energy, agriculture, mobility, and water innovations in emerging markets has affirmed that there is a great opportunity at the formation stage to support local and diverse founders as they connect their technologies and markets,” said Factor[e] Ventures co-founder, Morgan DeFoort. 

The startup studio will invest between $100,000 and $600,000 to create and support African startups specializing in energy, agriculture, and mobility –the sectors that captured 8% of the overall VC funding attracted by Africa in 2022, according to Partech Africa.

With the launch of Delta40, Factor[e] Ventures aims to boost the volume of VC financing attracted by African startups and encourage investors to fund even more startups in the targeted sectors. In addition to providing capital, Delta40 will also act as a co-founder, offering product testing, technology brokering, early-stage commercialization, and accelerating company creation.

Delta40 has secured funding and support from several private and public institutions, including the Autodesk Foundation, the Global Energy Alliance for People and Planet, and the climate technology law firm Wilson Sonisi. The startup studio will be based in Kenya, with operations in Nigeria.               

Samira Njoya        

Posted On vendredi, 24 mars 2023 13:11 Written by

With the improvement in internet access, the rise in smartphone adoption, the drop in the costs of sensors, the development of the cloud, etc… Africa has the opportunity to become a real player in the development of the internet of things.  In that context, Nigeria is upping its investments in the sector. 

E-Space, a global satellite communications company, announced, Monday, it has secured landing rights in Nigeria for its upcoming constellation of low-orbit satellites. 

The approval issued by the Nigerian Communications Commission gives E-Space the right to deploy its satellite system, which will "provide communications services and connect Internet of Things (IoT) devices throughout Nigeria in many of the hardest-to-reach parts of the country, particularly those areas currently unserved by terrestrial providers." 

Nigeria is among the many nations that are leveraging the Internet of Things to address a wide variety of national challenges while implementing solutions to grow their economy. In 2018, U.S. giant IBM and agritech company Hello Tractor, which has a presence in Nigeria and Kenya, partnered to develop an AI and blockchain platform for African farmers. The partnership has enabled the installation of connected objects equipped with sensors in farms to collect and transmit data on rainfall, plant predators, input use, etc.

The landing right opens a new era in the field and paves the way for future collaboration between E-Space and the country's government, businesses, and communities. The collaboration can lead to the development of the ecosystem and applications needed to develop the local economy and create new jobs in a range of fields, including engineering, and data analysis.

Posted On mercredi, 22 mars 2023 16:42 Written by

The youth needs digital skills and opportunities to make a productive contribution to the digital future envisioned by leaders. To that end, authorities in various countries are implementing actions to develop talents and open new horizons. 

Last Monday, Malagasy First Lady Mialy Rajoelina (photo, left) inaugurated a digital incubation center funded by the United Nations Population Fund (UNFPA) in Antananarivo to support young people with innovative ideas and projects.

According to Ms. Rajoelina, the "center will go a long way in ensuring access to digital education, especially for [...] young girls.” 

Education is not only a fundamental human right. It is also the guarantor of the sustainable development of our society and our country," she said

In Madagascar, young people still face significant hurdles in their bid to access digital education. Apart from internet access challenges, they also face inconsistent electricity supply and a lack of ICT tools to learn, develop, and share digital solutions.

According to data from the International Telecommunication Union (ITU), in 2018, for every 100 people in Madagascar, only 0.12 had a fixed internet subscription, which is about 33,600 people in a country with a population estimated to be 28 million.

The new incubation center will therefore address some of the country's ICT infrastructure challenges. Located in UNFPA's Antananarivo office, it offers free access to a range of ICT tools and other support. It also has an annex in Tulear, in the Atsimo-Andrefana region. 

According to the region’s governor Edally Tovondrainy, the annex will help young people build their talents and launch innovative projects to develop the region, which is the largest in Madagascar.  

Samira Njoya

Posted On mercredi, 22 mars 2023 16:04 Written by

Djibouti Poste wants to position itself as a major digital services provider. For that purpose, it has joined forces with a tech partner, which is experienced in the field. 

 National postal corporation Djibouti Poste will undergo profound digital transformation in the coming months. The corporation recently partnered with IT company Software Group, which will support it in its IT reforms and digitization projects.  

To discuss the partnership, Djibouti Poste’s director general  Bahnan Maidal Ali met with Kalin Radev, CEO of Software Group, in Sofia, Bulgaria, on March 11, 2023. 

Under the agreement, Software Group will develop, among other things, email management platforms, parcel tracking systems, and online payment tools for Djibouti Post. 

Over the past few years, Djibouti Poste has implemented several projects to digitize its services. The corporation has launched several new services, including the E-Suuq service, which allows customers to buy from major platforms including Amazon. It now aims to promote financial inclusion by introducing fintech solutions, starting with savings solutions in the short term.  

The corporation is a model in the African postal sector, all thanks to its innovations.  Between 2018 and 2019, the postal company gained 59 places in the PricewaterhouseCoopers global ranking of postal companies providing quality services to the population. In the 1st quarter of 2021, it once again jumped in the global ranking, going from the 174th spot to the 73rd.

Samira Njoya

Posted On vendredi, 17 mars 2023 13:09 Written by
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