Akingate Tech News Digest 25 Feb 2023
A selection of tech news from Nigeria and Africa at large.
Firms Partner To Reduce Cyberattacks | Edtech Accelerator Program | Opportunities In 5G Technology | Agfunder Inviting Agritech Startups | Healthtech Startup Raises $1.65M Investment
Firms partner to reduce cyberattacks – Punch News
Mastercard has partnered with NowNow, a Nigerian digital payment startup to help small and medium-size enterprises to reduce the risk of cyberattacks. According to the firm, there has been a leap in cybercrimes recently.
It stated that SMEs were the main target for cybercriminals since they do not have the resources to help themselves defend against breaches. It said as part of its Start Path Global Programme, it would provide NowNow with operational support, commercial engagement, and the opportunity for strategic investment.
The Executive Vice President, Product Optimisation and Customer Advancement, Cyber and Intelligence at Mastercard, Paul Trueman, said, “As Mastercard brings the next billion people into the digital economy, it is vital that business owners feel as secure and safe from cybercrime as possible. “Our partnership with NowNow is key to achieving this. Whether large or small, businesses deserve the peace of mind to operate knowing that they are being kept safe.” Read more here
CcHUB launches a $15M edtech accelerator program to support startups – TechinAfrica
LAfrica’s biggest innovation hub, Co-Creation Hub (CcHUB), has started “The Edtech Fellowship Program,” a $15 million accelerator program. A statement from the company says that it will back and help 72 startups in Nigeria and Kenya for the next three years.
The program’s goal is to increase the impact of edtech startups and help founders who use technology to improve learning in an education sector with many problems.
This report says that about 98 million children and young people don’t attend school in the sub-Saharan region. This is where most children don’t go to school. Even for people in school, the quality of education is terrible. This makes teaching a good place for edtech startups to grow in the region.
The fellowship program will focus on startups in Nigeria and Kenya, two of the continent’s biggest edtech markets. It will pay for solutions beyond tutorial apps and platforms focusing on rote learning. The program will also give startups access to $100,000 in startup capital to use during the program.
The company wants to help edtech startups by giving them access to shared resources like a product development team, government relations team, pedagogy and learning science team, portfolio management team, communication team, instructional design team, and community building team. Read more here
Exploring opportunities in 5G technology – TheGuardian
With higher multi-Gbps maximum data speeds of up to 10 Gbps, ultra-low latency, increased reliability, massive network capacity, and increased availability, 5G will drive innovation across every sector, industry and transform everything, as we know it. What does this mean for Nigerians and how will it impact our lives, from the software developer based in Lagos to the grandma in the depths of Makurdi.
According to the World Bank, Nigeria has the highest number of out-of-school children in the world. 5G is able to accelerate the democratisation of inclusive and affordable access to quality education, thus leveling the playing field between children in remote villages and children in cities. 5G can help transform education in Nigeria, as students will be able to download learning materials faster and collaborate in real-time. Medical students are not excluded from this educational experience. They can use augmented reality (AR) to dissect cadavers and diagnose illnesses, among other things. Indeed, 5G technology will advance the educational sector in Nigeria by bringing abstracts to life and introducing a new way of seeing the world. Read more here
GROW Impact Accelerator invites applications from African agritech startups – Tech Gist Africa
The GROW Impact Accelerator is currently accepting applications from agri-tech startups based in Africa. New foodtech and agtech firms that are attempting to solve some of the world’s most pressing sustainability issues are being given a huge boost by the GROW Impact Accelerator, which is funded by AgFunder. The accelerator program intends to hasten the development of several solutions for the manner in which we produce, process, package, transport, eat, and discard our food.
GROW believes that founders should receive comprehensive support; businesses succeed when their founders have the commercial, technical, and professional assistance they require to prosper. Founders can tailor their experience within the program’s cohort-based framework by choosing from a variety of thematic “streams.”
The GROW framework questions your value proposition and business model to make sure they are robust, customer-focused, and scalable. Read more here
Healthtech startup, Envisionit Deep AI, raises $1.65M investment – Ripples News
Female-led healthtech startup, Envisionit Deep AI, has raised a $1.65 million investment from New GX Ventures. The female founder, Dr. Jaishree Naidoo, who was in charge of pediatric radiology at a South African hospital, confirmed the funding in a statement on Friday.
The funding follows closely after the startup emerged as the Southern Africa regional winner at the African Startup Awards. New GX Ventures SA is a joint venture between New GX Capital, RMB Ventures, and GIIG Africa. Read more here
__________________________________________________________
Image Credit: Image by rawpixel.com on Freepik