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Tech Boost for South Africa as Acer Announces Local Monitor Production

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Tech Boost for South Africa as Acer Announces Local Monitor Production

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Tech leader Acer has unveiled plans to begin monitor production in South Africa, marking a major step towards local manufacturing.

Production is slated to kick off in the coming months, with the initial rollout featuring their consumer monitor range in August 2024.

This will be followed by the introduction of commercial monitors in September, while the gaming monitor lineup will arrive at a later date.

This strategic move aligns with Acer’s wider localization strategy, aiming to boost job creation and pave the way for future technological advancements within the region.

Acer, headquartered in Taiwan, boasts a global manufacturing network spanning key regions.

The South African monitor production program is expected to significantly impact the country’s tech sector by generating new employment opportunities.

Recognizing the importance of affordable technology in driving economic and social progress, Acer prioritizes making its products accessible without sacrificing quality or performance.

All monitors produced in South Africa will be backed by a three-year warranty, Acer confirmed.

The company also ensures local availability through existing retail partnerships, making Acer technology even more accessible to South African consumers.

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Rwandan Startup and BYD Team Up to Electrify Africa’s Motorcycle Taxis

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Rwandan Startup and BYD Team Up to Electrify Africa's Motorcycle Taxis

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Rwandan e-mobility startup Ampersand has joined forces with BYD, the world’s leading electric vehicle manufacturer, to revolutionize Africa’s motorcycle taxi industry.

This collaboration aims to replace petrol-powered bikes with cleaner, more sustainable electric alternatives.

Africa’s motorcycle taxis are a vital transportation network, but their reliance on fossil fuels contributes significantly to air pollution and greenhouse gas emissions.

Ampersand and BYD’s partnership addresses this challenge by introducing affordable, high-performance electric motorcycles.

Ampersand brings its deep understanding of the African market and its innovative battery-swapping technology to the table.

This network allows riders to quickly exchange depleted batteries for charged ones, ensuring uninterrupted service.

BYD contributes its expertise in electric vehicle manufacturing and battery technology.

Their advanced battery cells and large-scale production capabilities will be crucial in accelerating the production of electric motorcycles designed specifically for African conditions.

The shift to electric motorcycles is expected to create new jobs in manufacturing, maintenance, and battery-swapping infrastructure, boosting local economies.

Additionally, electric motorcycles offer significantly lower operating and maintenance costs compared to petrol-powered bikes. This can translate to higher income potential for motorcycle taxi drivers, improving livelihoods and contributing to poverty reduction.

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Ethiopia Launches Largest Electric Vehicle Factory to Manufacture 1,000 Cars Per Year

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Ethiopia Launches Largest Electric Vehicle Factory to Manufacture 1,000 Cars Per Year

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Ethiopia has inaugurated its biggest electric vehicle (EV) factory in Debre Berhan, Amhara region.

The factory, built by local entrepreneur Belayneh Kinde for over $52 million, boasts an annual production capacity of around 1,000 electric vehicles.

This development comes alongside Ethiopia’s ambitious plans to become a leader in green transportation within Africa.

The country’s 10-year Perspective Development Plan includes importing nearly 5,000 electric buses and over 148,000 electric cars.

To incentivize EV adoption, Ethiopia banned non-electric car imports last year and introduced tax breaks for electric vehicles.

However, challenges remain. An earlier attempt at an EV assembly plant with Hyundai in 2020 fell through due to foreign currency shortages.

Additionally, economic hardships have delayed completion of the Grand Renaissance Dam, a project crucial for bolstering the electricity grid needed to support a growing number of EVs.

Despite these hurdles, Ethiopia is pressing forward.

The Ministry of Transport recently announced the import of over 100,000 electric cars and the establishment of 60 charging stations in Addis Ababa, signifying progress towards a greener transportation future.

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ThriveAgric, Visa Partner to Support 10,000 Farmers in Kenya

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ThriveAgric, Visa Partner to Support 10,000 Farmers in Kenya

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Nigerian agritech startup ThriveAgric has joined forces with global payments giant Visa to empower Kenyan farmers.

The partnership aims to support up to 10,000 farmers across five counties: Busia, Homabay, Migori, Nandi, and Narok.

ThriveAgric will establish local hubs in each county, with those in Homabay and Busia serving as dedicated learning centers.

These centers will provide farmers with vital training sessions and distribute agricultural inputs.

Additionally, the hubs will function as collection points, allowing farmers to conveniently deliver their harvests after which they’ll be paid based on fair market quality standards.

The partnership will also promote financial inclusion for farmers. Through the program, they will be assisted in opening bank accounts and acquiring Visa cards, enabling them to participate more fully in the digital economy.

“This partnership is a significant step forward for Kenyan farmers,” said Eva Ngigi-Sarwari, Visa’s Country Manager for Kenya.

“By establishing a strong network, we can directly benefit these individuals who are essential to our nation’s economic well-being and our vision for a thriving digital payments ecosystem.”

Ayo Arikawe, co-founder of ThriveAgric, echoed this sentiment, highlighting the program’s role in furthering the company’s Kenyan expansion efforts.

“This is an exciting new chapter for us,” Arikawe remarked. “The local hubs in Busia and Homabay counties will be instrumental in achieving our goals.”

This collaboration comes on the heels of a productive year for ThriveAgric.

In 2022, the company secured $56.4 million in funding to expand its reach and support farmers in new markets like Kenya. Additionally, in April 2024, they partnered with Acorn Rabobank to provide carbon credits to over 30,000 Nigerian farmers.

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UNCTAD to Support Guinea in Building E-commerce and Digital Future

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UNCTAD to Support Guinea in Building E-commerce and Digital Future

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The Republic of Guinea is setting its sights on accelerating the growth of its e-commerce industry through collaboration with the United Nations Conference on Trade and Development (UNCTAD).

This initiative comes after discussions between Guinea’s Minister of Posts, Telecommunications, and Digital Economy and UNCTAD’s Director of Technology, Innovation, and Research during the World Summit on the Information Society in Geneva.

According to a press release from the Guinean ministry, the goal of the meeting was to explore how Guinea and UNCTAD could work together, particularly in the area of e-commerce.

The Minister presented the current state of digitalization in Guinea, outlining both the challenges and the exciting potential for growth.

Guinea specifically requested UNCTAD’s assistance in developing a regulatory framework that would support the flourishing of e-commerce and in equipping Guineans with the necessary digital skills through technical training.

UNCTAD responded positively to these requests, expressing its commitment to connecting Guinea with relevant resources within the UN system to bolster both digital and postal services.

They also emphasized the importance of close collaboration between the Ministry of Posts and the Ministry of Commerce to create a thriving trade environment in Guinea.

This meeting aligns with the Guinean government’s ongoing efforts to propel the e-commerce sector forward. According to the Foundation for E-commerce and Distance Selling (Fevad), the industry was already valued at $10 million in 2020 and is experiencing a significant annual growth rate of 20%.

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African Development Bank and Intel Partner to Train 3 Million Africans in AI

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African Development Bank and Intel Partner to Train 3 Million Africans in AI

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The African Development Bank (AfDB) and tech giant Intel have embarked on a groundbreaking initiative to equip Africa with a powerful force in artificial intelligence (AI).

This ambitious plan, announced during the recent AfDB Annual Meetings in Nairobi, Kenya, aims to train a staggering 3 million Africans and 30,000 government officials in AI expertise.

This collaboration marks a significant stride towards building a robust pool of African talent equipped with the skills needed to thrive in the Fourth Industrial Revolution (4IR).

By empowering Africans with AI knowledge, the partnership seeks to unlock economic growth, boost productivity, and transform Africa from a consumer of 4IR technologies to a key contributor and innovator in the field.

The training program will be strategically designed to address critical socio-economic challenges and propel progress in vital sectors like agriculture, healthcare, and education.

The AfDB anticipates this initiative to disrupt traditional growth patterns and usher in a new era of economic development across the continent.

The AfDB and Intel will also work collaboratively to support African governments, regional economic institutions, and continental organizations in establishing comprehensive policy and regulatory frameworks for AI, alongside other emerging technologies like 5G, Wi-Fi 6E, data management, and cloud computing.

Intel’s Director of Government Affairs for Africa, Bienvenu Agbokponto Soglo, expressed his commitment to deepening Intel’s engagement with African governments.

His vision is to democratize access to cutting-edge technologies like AI, dismantling barriers based on location, gender, and ethnicity, and fostering inclusive participation in the digital economy.

Ousmane Fall, Acting Director of Industrial and Trade Development at the AfDB, underscored the critical importance of equipping Africa’s burgeoning youth population with digital skills.

He emphasized the urgency of large-scale and rapid skill development initiatives, considering the swift evolution of digital technologies and the projected surge in Africa’s youth population to 830 million by 2050.

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Patoranking Foundation and ALX Africa Partner to Launch $500,000 Tech Scholarship Initiative

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Patoranking Foundation and ALX Africa Partner to Launch $500,000 Tech Scholarship Initiative

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African tech training provider ALX Africa has joined forces with the Patoranking Foundation, established by Afrobeats artist Patoranking (Patrick Nnaemeka Okorie), to unveil a significant $500,000 scholarship program.

This initiative aims to empower 40 talented young Africans with the necessary skills to thrive in the tech industry.

The Patoranking Foundation Tech Scholarship will target exceptional individuals demonstrating a strong potential for success.

These scholars will receive access to high-quality education and training programs in various fields, such as coding, software development, data analysis, and Salesforce administration.

The curriculum is designed to equip them with in-demand skills for the ever-evolving tech landscape.

“This scholarship is not just about theoretical knowledge,” the statement emphasizes.

To complement their academic foundation, scholarship recipients will also participate in paid internships with the foundation’s tech partners.

This hands-on experience will allow them to apply their newly acquired skills in a professional setting, bridging the gap between theory and practice.

Divesh Sooka, General Manager of ALX South Africa, expressed his optimism about the potential of Africa’s youth.

“We are excited to equip these talented individuals with cutting-edge skills and foster a culture of innovation and resilience,” he remarked.

ALX Africa, with its focus on both technical and soft skills development, aims to prepare young people for success in the digital economy. The organization is dedicated to providing pathways for them to excel in a technology-driven world.

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Africa’s “Y Combinator”, Accelerate Africa, Unveils First Cohort of 10 Startups

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Africa's "Y Combinator", Accelerate Africa, Unveils First Cohort of 10 Startups

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Accelerate Africa, a new accelerator program designed to propel early-stage African businesses has unveiled its inaugural cohort after four months of operation.

The program, led by Iyin Aboyeji, founder of Pan-African VC firm Future Africa, and Mia von Koschitzky-Kimani, general partner, aspires to become the “Y Combinator of Africa.”

“We previously focused on pre-accelerator programs to prepare founders for established accelerators like Y Combinator and Techstars,” Aboyeji said. 
 
“However, we recognized the need for a program specifically tailored to the African landscape, prompting us to enter the accelerator arena ourselves.”

The first cohort boasts geographical diversity, with the ten startups hailing from Nigeria (6), Kenya (2), Egypt (1), and Eswatini (1).
 
These companies represent various sectors critical to Africa’s development, including artificial intelligence (AI), clean technology (cleantech), property technology (proptech), health technology (healthtech), automotive technology, human resources technology (HRTech), logistics, and financial technology (fintech).

Following a demo day at the Lagos Marriott Hotel, decisions regarding pre-seed or seed funding will be made for select startups.
 
Angel investors and venture capitalists will provide investments ranging from $250,000 to $500,000.  

Here’s a glimpse at the innovative startups comprising Accelerate Africa’s first cohort:

  1. Afriskaut (Nigeria): An AI and data startup harnessing proprietary technology to identify Africa’s top sports talent.
  2. Agrails (Kenya): A cleantech company leveraging AI to build data systems that empower organizations to address and capitalize on climate risks and opportunities across Africa.
  3. Campus HQ (Nigeria): A proptech startup simplifying workspace discovery, setup, and management for mid-to-large-sized teams, essentially creating an “Airbnb for workspaces.”
  4. CDIAL (Nigeria): An AI company developing a conversational AI fluent in African languages.
  5. Checkups (Kenya): A healthtech startup offering affordable and accessible healthcare to underserved communities through micropayment options.
  6. Flickwheel (Nigeria): An autotech startup providing on-demand auto repair credits, vetted technicians, and automated repair tracking for efficient vehicle care.
  7. Juiceme (Eswatini): An HRTech startup offering blue-collar workers access to their earned wages via WhatsApp before payday, particularly for emergencies.
  8. Messenger (Nigeria): A logistics startup empowering delivery drivers to become entrepreneurs through income and ownership opportunities, including vehicle financing to own their delivery vehicles.
  9. PipeOps (Nigeria): A DevOps provider offering a suite of tools and services to help companies with limited cloud expertise set up, deploy, and manage cloud-based applications.
  10. Settle (Egypt): A fintech startup automating B2B payments, enabling clients to streamline payments to all suppliers with ease.
Accelerate Africa’s mission is to empower these ventures and shape a thriving future for African businesses.

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Microsoft and Cyber Shujaa Partner to Train 100 Kenyans in Cybersecurity

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Microsoft and Cyber Shujaa Partner to Train 100 Kenyans in Cybersecurity

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Microsoft, through its Africa Development Centre (ADC) in Kenya, has joined forces with Cyber Shujaa to upskill 100 Kenyan students in cybersecurity.

This initiative is part of Microsoft’s ongoing commitment to strengthening the cybersecurity talent pool in Kenya’s booming technology sector.

Cyber Shujaa is a youth-oriented program established by a consortium of three organizations: Serianu Limited, United States International University-Africa (USIU-Africa), and the Kenya Bankers Association (KBA).

The program offers a unique blend of theoretical and practical training, delivered through a hybrid learning model that combines classroom instruction with one-on-one sessions and weekly mentorship.

The three-month program will target a mix of 70 undergraduate students and 30 graduate students with less than two years of professional experience.

The curriculum will cover eight critical cybersecurity domains: network security, application security, cloud security, incident response, security architecture, Internet of Things (IoT) security, and forensics.

“Cybersecurity is a cornerstone for secure operations across various industries, yet there’s a significant gap in skilled professionals,” said Catherine Muraga, Managing Director of Microsoft ADC. “This partnership with Cyber Shujaa exemplifies our commitment to establishing Kenya as a hub for cybersecurity talent.”

Equipping graduates with industry-recognized skills is a key focus of the program. Participants will be eligible to earn two Microsoft cybersecurity certificates, enhancing their employability in the cybersecurity job market.

“This timely collaboration with Microsoft will provide a much-needed boost to the cybersecurity industry, particularly across Africa,” said Igor Sakhnov, Corporate Vice President of Engineering at Microsoft, during the program launch.

Cyber Shujaa boasts a proven track record, having already trained over 500 individuals in cybersecurity and data protection with competency-based skills development programs.

This new partnership with Microsoft signifies a significant step forward in addressing the growing demand for cybersecurity expertise in Kenya and beyond.

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