Saturday, January 20

Business/Finance

Shithole Countries” By Trump : Africa Leaders Responds

Shithole Countries” By Trump : Africa Leaders Responds

Editorial, Whats Hot, World
In bluntly vulgar language, US President Donald Trump has questioned why the US accepts more immigrants from “ shithole countries ” in Africa rather than places like Norway, as he rejected a bipartisan immigration deal, according to people briefed on the extraordinary Oval Office conversation. Trump’s comments came as two senators presented details of a bipartisan compromise that would extend protections against deportation for hundreds of thousands of young immigrants — and also strengthen border protections, as Trump has insisted. According to the Washington Post, Trump specifically said; Why are we having all these people from shithole countries come here? The Los Angeles Times similarly quoted Trump as saying: What do we want Haitians here for? Why do we want all these peo
55 Facts About Ghana That Will Amaze You

55 Facts About Ghana That Will Amaze You

Editorial, Whats Hot
Facts : The Republic of Ghana is named after the medieval West African Ghana Empire. The Empire became known in Europe and Arabia as the Ghana Empire after the title of its emperor, the Ghana. The Empire appears to have broken up following the 1076 conquest by the Almoravid General Abu-Bakr Ibn-Umar. An elevated kingdom continued to exist after Almoravid rule ended, and the kingdom was later incorporated into subsequent Sahelian empires, such as the Mali Empire several centuries later. Geographically, the ancient Ghana Empire was approximately 500 miles (800 km) north and west of the modern state of Ghana, and controlled territories in the area of the Sénégal River and east towards the Niger rivers, in modern Senegal, Mauritania and Mali. Below Are 55 Facts About Ghana Facts
GhanaFactsZone : Facts About Ghana

GhanaFactsZone : Facts About Ghana

Whats Hot
GhanaFactsZone is the First and Biggest Facts Zone in Ghana. Ghana officially the Republic of Ghana, is a unitary presidential constitutional democracy. Located along the Gulf of Guinea and Atlantic Ocean, in the subregion of West Africa. Spanning a land mass of 238,535 km², Ghana is bordered by the Ivory Coast in the west. Burkina Faso in the north. Togo in the east and the Gulf of Guinea and Atlantic Ocean in the south. Ghana means "Warrior King" in the Soninke language. Follow @GhanaFactsZone on twitter for current and up to date facts in Ghana. GhanaFactZone See Pictures Below                                                                        
How Solar Is Creating African Entrepreneurs

How Solar Is Creating African Entrepreneurs

Africa, Entrepreneurs, Whats Hot
Access to power is a major issue in Africa, and in solar, many people feel they have the solution. Yet solar is doing more than switching on off-grid populations, and providing a potentially lucrative and investor friendly business opportunities to companies like M-KOPA Solar and BBOXX. It is also helping to create a middleman later of “solarpreneurs”, offering people the chance to make revenues by offering people in disconnected areas solar services. One such company doing this is Rwandan hardware-as-a-service company ARED, which is empowering local people with a “business in a box” solar kiosk platform that enables them to start their own businesses by charging phones and selling virtual top-ups. Launched in January 2013, ARED is focused primarily on women and disabled indivi
Startup Development In Nigeria 2017 -Top 5

Startup Development In Nigeria 2017 -Top 5

Africa, Entrepreneurs, Whats Hot
Another landmark year in the development of the Nigerian tech startup space, with the huge Andela funding round probably the standout moment. Yet much more than that happened in 2017. Disrupt Africa wraps up the best bits. Andela’s landmark funding round How could we start with anything else? Coding school Andela announced in October it had secured US$40 million in Series C funding from a host of investors, taking its total venture funding to over US$80 million. The round was led by pan-African firm CRE Venture Capital (catch up with co-founder Pule Taukobong here), and will be used to fuel Andela’s pan-African expansion. A quick mention too for former Andela co-founder Iyinoluwa Aboyeji, whose new venture – payments startup Flutterwave – secured funding of its own in Au
Developer Who Quit His Job To Build An App

Developer Who Quit His Job To Build An App

Africa, Business/Finance, Editorial, Whats Hot
Muzi Mkhize is determined, short and very presentable. The glasses fit the stereotype of a nerdy app developer. We meet at The Wine Bar, in the famous Vilakazi Street in Soweto, once home to two Nobel Prize winners, Nelson Mandela and Archbishop Desmond Tutu. The businesses there have the QR code to Mkhize’s app on their tables. Through it you can download the app and connect with the establishments. Mkhize was born, and lived most of his life, in Soweto, about 30 kilometers south of Johannesburg. After completing high school in the east of Johannesburg, Mkhize moved into the Information Technology (IT) sector. On graduation, in 2005, Mkhize worked for a few big companies. That is where he decided not a lot of black graduates are given opportunities to grow within the IT sector.
Facebook Launches It First Tech Space In Africa

Facebook Launches It First Tech Space In Africa

Africa, Editorial, Whats Hot
Facebook is launching a “community hub” and training program in Nigeria, its biggest market in Africa. The hub will offer support to tech startups and will also train 50,000 young people and SMEs in digital skills across the country. Opening in 2018, it will be Facebook’s first tech space in Africa as the social media company follows in the footsteps of search giant Google who in July launched an ambitious initiative to train 10 million young people in online skills over five years. Emeka Afigbo, Head of platform partnerships, Middle East & Africa told CNN: “What we aim to do at the incubator is to provide support for high tech startups that do not ordinarily get investments, until they can develop a proof of concept, which will attract other investors.” With an eye on
Female-focused angel investment fund launched in Africa

Female-focused angel investment fund launched in Africa

Int. News, Whats Hot
Rising Tide Africa, a female-focused angel investment fund, has launched, aimed at allowing female investors to back innovative startups run by women across the continent. The angel investment fund was announced at last week’s African Angel Investor Summit in Cape Town, and follows successful programmes in Europe and the United States (US) that have involved hundreds of women. Rising Tide Africa is an early-stage investment programme that will invest in between six and 10 innovative and fast-growing African startups over a 12-18 month period. The lead investors will be women, with each participant committing between US$10,000 and US$1 million. It will also offer angel investing training, best practice sharing, and networking opportunities. Investments of between US$50,000 and US$5
Afreximbank to Invest $16b in Nigeria’s Healthcare Sector

Afreximbank to Invest $16b in Nigeria’s Healthcare Sector

Africa, Business/Finance, Whats Hot
A‎frican Export-Import Bank (Afreximbank) has confirmed that it plans to invest over $16 billion in Nigeria’s healthcare sector. The bank said its decision to make such investment is in consonance ‎with its long-term plan to deepen its investment portfolio in the country by building an ultra modern healthcare hospital to be located either in Abuja or Lagos, Nigeria’s most popular cities. This disclosure was made by Dr. Benedict Oramah, President and Chairman of the Board of Directors of AFREXIMBank at a press briefing in Abuja. Oramah stated that the multi-million dollar tertiary level hospital will be a joint partnership investment between the bank, Nigeria’s Federal Ministry of Health and the Kings College Hospital (KCH), London. The Afreximbank president said the cost for th
Ingressive to host annual Tour of Tech in Lagos

Ingressive to host annual Tour of Tech in Lagos

Africa, Editorial, Whats Hot
Investor support platform Ingressive is to hold its third annual Tour of Tech in Lagos, Nigeria next week, bringing together investors, entrepreneurs and policymakers. The Tour of Tech will take place on November 16-22, aiming to create proprietary market access and promote cross-pollination through curated convenings with Africa-focused investors, local techies, influencers, and policy makers. This year features executives from GitHub, AngelList, Glickman Family Trust, Jackson Ross Law, Banwo & Ighodalo, Petrolex, PwC and more. The week-long tour is culminated by Ingressive and Starta’s High Growth Africa Summit, a two-day conference dedicated to teaching entrepreneurs how to build, scale and fund high growth businesses in Africa. This year’s summit will be hosting more t