The $1.5 million project will support the implementation of digital trade facilitation systems in several African countries. Burundi, Kenya, Malawi, Rwanda, Uganda, Tanzania, and Zambia, are among the countries that will benefit from the project. The DATC project is expected to improve trade efficiency in Africa by reducing transaction costs, enhancing predictability, and reducing trade-related risks.
Acasia Group, a prominent multi-incubator operator and angel investment syndicate in Egypt, has been acquired by Sultan Ventures, a US-based venture firm.
Microsoft, through its Africa Development Centre (ADC) in Kenya, has joined forces with Cyber Shujaa to upskill 100 Kenyan students in cybersecurity.
OceanHub Africa, a business accelerator for environmentally conscious startups, has concluded its fourth cohort with a boot camp for the six startups participating in the eight-month program.
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