Nigeria’s Federal Ministry of Communications, Innovation, and Digital Economy (FMoCDE) has announced a three-year partnership with IHS Nigeria to empower Nigerians with critical digital skills. IHS Nigeria is one of the world’s largest independent owners, operators, and developers of shared communications infrastructure. The partnership supports the recently launched 3 Million Technical Talent (3MTT) initiative to train three million Nigerians with technical skills in four years. The Partnership The three-year partnership aims to establish the 3MTT Learning Community and facilitate the setting up of learning communities in Nigeria’s 36 states and
Black-owned tech startup Slinger has raised £500,000 ($600,000) in pre-seed funding to shake up the hospitality industry’s hiring process. Brexit and COVID-19 have left the UK’s hospitality industry struggling with staff vacancies – industry vacancies are still 72% higher than pre-pandemic levels. As a result, the industry is having to turn away £25 billion ($30.3 billion) worth of business in the UK. Slinger aims to change this. Group Chat To Google-backed Founded by Theo-Lee Houston, Slinger aims to make hospitality hiring processes easier and fairer, connecting talent with businesses in
Sony Group has announced the establishment of the Sony Innovation Fund: Africa (SIF: AF) to support the growth of African entertainment businesses. Sony Innovation Fund The Sony Innovation Fund invests in technology-driven transformational companies shaping the future of business, entertainment, and society. Since 2016, Sony has been participating in the ecosystem of new business creation worldwide, with SIF specifically investing in seed to early-seed companies. The fund invests in startups bringing creativity and promising innovations to the world who’d benefit from partnering with Sony. Sony also has the Innovation Growth
A South African digital bank, Bank Zero, has expanded into commercial banking with the launch of its zero-cost business banking app. Disrupting Traditional Banking Bank Zero was founded by tech entrepreneur Michael Jordaan, banking innovator Yatin Narsai, and five other co-founders. Founded in 2018, the company entered the South African market three years later and is now 45% Black-owned and 20% women-owned. The co-founders have a combination of deep and diverse banking and technology skills, with extensive experience in and knowledge of banking through previous roles. Bank Zero aims to disrupt
A coalition of 65 UK politicians and 31 leading race equality and human rights organizations have called for an “immediate stop” to live facial recognition (LFR) surveillance. The campaign, led by privacy advocate Big Brother Watch, calls for the police and private companies to stop using the technology in public spaces. Signatories include former Shadow Attorney General Shami Chakrabarti and Liberal Democrat party leader Sir Ed Davey. Amnesty International, Institute of Race Relations, Liberty, Race Equality Foundation, and Human Rights Watch also joined the campaign. Accessing Passport Database The call
Ghanaian fintech startup Dash is reportedly closing its doors following a tumultuous journey filled with accusations of financial misconduct. According to WeeTracker, Dash held a company-wide meeting on October 3, during which the news of impending layoffs and the closure of the company was delivered to its employees. The innovative startup, which offered an alternative payment network, had raised over $85 million in under five years from major investors. Early success Founded in 2019 by Prince Boakye Boampong, Dash initially made significant strides in the fintech sector. Boampong was a
Editi Effiòng’s Nollywood action-thriller, The Black Book, has claimed the top spot worldwide on Netflix after leaders in Nigeria’s fintech startup space came together to fund the film. The Black Book The Black Book claimed the top spot worldwide just five days after its debut on Netflix, also making it the first ever number-one African film on Netflix. Vanguard reported that from September 18 to 24, the film accumulated 5.6 million views and 11.6 million watch hours. The movie, which traces the story of a mourning father seeking justice following
African venture capital (VC) firm Enza Capital has closed $58 million across its two funds and announced the launch of its Founder Partner Program. Enza Capital Enza Capital is a multi-stage venture fund that backs startups and founders using technology to solve meaningful problems across Sub-Saharan Africa. The Nairobi-headquartered firm invests in and partners with technology companies building in the fintech, logistics, health, human capital, and climate-smart sectors. The firm began its VC journey in 2019 when it launched an early-stage fund to find, back, and help build category-defining startups
The Court of Justice of the European Union (CJEU) has upheld the decision to restrict public access to information about the use of artificial intelligence (AI) lie detectors at EU borders. This ruling has sparked concerns among civil rights groups, shedding light on the limitations of the EU’s AI Act in safeguarding the rights of migrants and refugees. The Act is set to become the world’s first comprehensive AI law. AI-Powered Lie Detectors at EU Borders At the center of this controversy lies iBorderCtrl, an emotion recognition pilot project aimed
Okra Solar, a technology startup working with local utilities to transform communities, has closed its Series A funding round. Mesh grid technology With 770 million people living without clean, reliable access to power, the tech startup aims to transform off-grid communities with mesh grids. Mesh grids are the fastest-growing technology solution for electrifying off-grid households. With a mesh grid, neighbors are connected, sharing renewable energy 24/7, which allows them to consume more than they would on their own. Each house contains a solar panel, battery and an Okra Pod, ensuring
