Kenyan President William Ruto has announced that Meta has agreed to monetize content in Kenya, benefitting the country’s creators. Following a year-long negotiation with the Kenyan government, Facebook and Instagram content creators will begin earning from these Meta platforms. Paying Kenyan Content Creators The President revealed that Meta had run a pilot program with eligible Kenyan content creators. “I have good news for our creatives and those who imagine and produce content through Facebook and Instagram,” Ruto said during the Jamhuri Day celebrations at Uhuru Gardens in Nairobi. “Just yesterday, Meta committed
Ghana’s telco regulator has issued a warning against the sale and operation of Starlink, Elon Musk’s satellite internet service. Starlink has yet to obtain a license or type approval in the West African country, but citizens appear to be purchasing kits through intermediaries. Starlink in Ghana Starlink is an internet satellite constellation operated by American aerospace company SpaceX, providing coverage to over 60 countries. Spearheaded by Elon Musk, Starlink is a network of satellites that promises to provide high-speed, low-cost internet access to remote and underserved areas. Although SpaceX only
Albantsho, the first screenwriting tool created by African screenwriters for African screenwriters, has launched its first feature – The Scriptwriter. Albantsho Julie Ako and Nikita Mokgware from Nigeria and Botswana founded Albantsho in 2020. Their goal is to showcase the potential of African storytelling, foster authentic content representative of Africa, and empower creatives. With growing global investment in motion pictures in Africa, a higher demand is placed on authentic stories from diverse voices. Albantsho is a movement, and they’ve charged themselves with finding bold new narratives of Africa by Africans
Shekel Mobility, a B2B marketplace and management system for auto dealers, has secured over $7 million in funding, comprising $3.2 million in equity and over $4 million in debt. Small and medium-scale dealerships comprise nearly 82% of the African car dealership market, according to Benjamindada.com. Many of these dealers struggle with offering affordable prices for used cars due to insufficient financing options. In most sub-Saharan Africa, the figure for automotive transactions is less than 2%. Shekel Mobility aims to change that. Shekel Mobility Shekel Mobility empowers auto dealerships to realize
African mobile video network StarNews Mobile has secured $3 million in pre-Series A funding to empower African content creators to connect with their fanbase and make money. Notable Black French soccer players participated in the funding round, including Aurelien Tchouameni from Real Madrid CF, Jules Kounde from FC Barcelona, and Mike Maignan from AC Milan. Helping African creators monetize their content StarNews Mobile is a leading African media platform empowering content creators by providing opportunities to connect with their fanbase and monetize their content. It was founded in 2017 by
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
Tech-based startup Remoteli connects African professionals with companies seeking to build a more diverse, skilled workforce. According to their CEO, Samuel Brooksworth, “Africa’s most educated generation has emerged from schools and universities.” Despite this, over one-third of the continent’s 420 million 15-35-year-olds are unemployed. According to Forbes Africa, the market for remote workplace services is set to grow from $20.1 billion in 2022 to $58.5 billion by 2027. Founding Remoteli London-born Ghanaian Samuel Brooksworth saw a gap in the market for a platform that could connect businesses with individuals from
Friends Benedict Owanga and Chinelo Adi launched their startup Owanga to deliver clean energy solutions to Congo, Africa. The startup launched in 2022 after Owanga had the idea during his sophomore year at Emory University School of Law. While pursuing an internship, he lost power for two hours during training. The inconvenience made him consider the experience of Congolese people back home. “It got me thinking if someone like me loses power for two hours and it takes me two weeks to figure out something, what about people back home
Zanifu, a Kenyan fintech company that helps millions of African businesses to access financial services, has raised $11.2 million in debt-equity funding in a pre-Series A round. Zanifu Founded by Steve Biko, the Zanifu platform allows small retailers and businesses in Sub-Saharan Africa to access inventory from their suppliers and pay later. They aim to support micro-, small-, and medium-sized enterprises (MSMEs) by bringing their businesses online while providing them with working capital finance. Biko told TechCrunch that the platform targets businesses that need help accessing credit from formal financial institutions for
Seven months after terminating the contracts of almost all its staff in Accra, Ghana, Twitter has yet to provide its African former employees with severance pay or benefits. What Happened? At the end of last year, Musk laid off employees of Twitter Africa as part of a global cost-cutting measure. The Twitter team in Ghana had just opened their first-ever physical office when the team woke up to find they had been locked out of their emails and work laptops. They were also told over email that their contracts were being
