NGENI Dev Roundup Corner.
the week ending March 26th +project of the week +tweet of the week+ more funding +Africa to the world
Hello technoids 😀, we interrupt your normal programming with our weekly roundup newsletter🔥
Here is what's hot😉
✨ RELEVANT NEWS Funding announcements.
➧The Tony Elumelu Foundation and Google have announced a fellowship program to help African entrepreneurs succeed.
“This is the first Google .org Fellowship in Africa, and nine full-time Google employees will collaborate with the foundation to design and build an updated version of the TEFConnect platform, including software engineers, UI/UX researchers, and policy experts.
| Tech Gist Africa ➤March 24, 2022
➧Fintech startup Lucky in Egypt raises $25m Series A funding round
Lucky, Egypt’s leading app for credit products, offers, and cashback rewards has announced its $25 million fund Series A raise. The funding round, which is Egypt’s largest Fintech Series A round so far, was led by Nclude Fintech Fund by Global Ventures.
| Africa Business Communities ➤ March 22,2022
➧Microsoft finally opens its first Africa development centre in Nigeria, to facilitate creation of solutions for global impact
Microsoft finally launched its much anticipated Africa Development Centre (ADC) in Lagos, Nigeria. Business Insider Africa gathered that the tech giant spent a total of $100 million on the project. The aim of the centre is to facilitate the creation of tech solutions that will solve both African and global problems.
| Business Insider Africa ➤ March 22,2022
➧Nigerian startup CodeLn launches a free applicant-tracking system for startups
CodeLn is an end-to-end technical recruitment platform, helping companies easily recruit software developers by automating the entire process. It claims to reduce technical recruitment time by 80 percent.
| Disrupt Africa ➤ March 22, 2022
➧Kenyan startup Money254 wins MIT Fintech Conference startup pitch competition
The Massachusetts Institute of Technology (MIT) Fintech Conference has named Kenyan startup Money254 as the grand prize winner of its 2022 Fintech Startup Pitch Competition. Launched in April 2021, Money254 is a financial services comparison platform, making it easier for users to find, compare and apply for financial products that match both their needs and eligibility.
| Disrupt Africa ➤March 11, 2022
➧Nigerian Kwik gets $2M to add financial services to its last-mile delivery offerings
Kwik, a Nigeria and french based startup that provides logistics services to B2B merchants, from social vendors to e-commerce platforms, has raised $2million in series A funding. Their goal is to become the prime app choice for African social vendors and traditional merchants going digital.
| TechCrunch ➤March 24,2022
➧Lendsqr is building Shopify for lending in Africa
The difficulties in Africa’s financial sector create room for many opportunities. Like a giant onion bulb, when one financial service issue is resolved, other layers reveal more issues to be solved. When businesses found it difficult to receive payments online, people were hurt under ridiculous bank charges, but fintech companies have come to the rescue.
| TechpointAfrica ➤March 22, 2022
➧Flutter wave CEO joins Africa’s BNPL firm Lipa laters Advisory Board
Africa’s Buy-Now-Pay-Later (BNPL) firm Lipa Later Group has appointed Flutter wave Chief Executive Officer and Founder, Mr. Olugbenga ‘GB’ Agboola as a member of its advisory board. “I have followed Lipa Later for some time now and I am impressed by its continued innovation, growth strategy, and broad vision of Africa.
| Africa Business Communities ➤March 22, 2022
📚Be On The Know✔️This contains lots of stories on the fast-paced world of technology, firsthand knowledge, and opinions to give a comprehensive view of this rapidly changing ecosystem.
🧠DID YOU KNOW?
Okra is Africa’s first Application Programming Interface (API) Fintech. Fara is an expert in over 20 programming languages. Although she is a Nigerian, she grew up in the United States.
➧Ashanti becomes the first black female artist to become owner in Web3 tech company
Ashanti announced at SXSW yesterday her historic partnership with EQ Exchange , making her the first black female artist to become an owner of a web3 tech company. (EQ allows artists /creators to share/monetize their content and allows fans to buy/sell #nfts of their favorite artists’ creations. They also help artists creators own their Equity +build wealth-generating careers. Congrats shan on this big move into the tech industry.
➧Kenya has an opportunity to become a continental leader in fintech and dramatically boost financial inclusion by enhancing the existing ecosystem.
The research set out in a report found that Kenya is already well established as a leading source of fintech innovation,developing solutions which are leapfrogging existing infrastructure and driving financial inclusion and the economic empowerment of its citizens .
Kenyan Wallstreet March 23,2022
➧Ethereum Burns Over $6 Billion Since August 2021 as June 2022 Final Upgrade Inches Closer
Other than the London Hardfork, the next biggest upgrade in the history of Ethereum is expected in June 2022, as the network transitions to full proof-of-stake (PoS) consensus mechanism. BitcoinKE
➧Why blockchain technology is great for Africa
While bitcoin grew in popularity it led to prominence in blockchain technology .This led to many innovations in blockchain technology as it gained attention across several industries
. Kenyan Wallstreet March 23, 2022
➧Infinix Announces World First Future Light-Painting Leather Technology
Infinix proudly announced its release of the world's first future light painting leather yesterday. The technology works when UV light interacts with the smartphone’s back cover, adding innovative and flexible color options to infinix user’s smartphones to express style and mood.
Tech Point Africa March 23, 2022
➧Stanchart bank kenya rolls out 5th Women in Tech incubator program.
Stanchart bank kenya has rolled out the 5th edition, a program that will see 5 women led startups get 1 million in seed fund each and post-incubation support in mentorship from stanchart and the Strathmore business school
Kenyan Wallstreet March 24, 2022
➧10 African Fintech startups selected for CATAPULT; inclusion Africa special Dubai Edition
The LHoFT Foundation selected twin fintech startups to compete in the CATAPULT: inclusion Africa, with a number of mentors and specialists from Luxemburg flying to Dubai to contribute to the program.
| Tech Gist Africa March 24, 2022
🏆NGENI PROJECT OF THE WEEK🏆 .
MultiSig Wallet Dex Connect dApp.
This is an application built to facilitate easy management of multi-owned Defi accounts.
FEATURES OF THE APP.
Meta mask wallet connect functionality.
Loading a gnosis safe address.
Viewing safe balances.
Initiate a deposit/transfer request that other safe owners can sign to enable depositing to a protocol like dydx
HOW IT WORKS.
This application works by allowing several owners of an account to authorize a transaction from their co-owned wallets.
⏭️WHAT'S ON THE HORIZONS.
Here are some of the events that will be from 28th March to 2nd April 2022
Tech stars startup weekend social impact Nairobi.
This is basically a meetup with investors, mentors, co-founders, and sponsors which will take place from 1st April to 3rd April 2022 at Rhapta Road, Nairobi.
Why attend:
The event is intended to be a collaborative forum for sharing ,learning and building .Tech stars connect investors with the most promising startups to create real change around the world.
The company is open for partnership and collaborations .
🌍INSIDE AFRICA.
You all know by now that in this segment we are going to be looking at key people and the most engaging posts on Twitter in FinTech, Web3, Cryptocurrency, and Exchange Trading.
Tweet of the week.
Ethereum Founder is backing Zambia’s bid to be Africa's Tech Hub
Zambia may be better known for mining copper than crypto, but a group of young entrepreneurs are looking to reinvent the country as an African technology hub -- with support from Ethereum co-creator Vitalik Buterin.
One area of focus is creating a regulatory and business environment that would attract more tech firms and capital.
Thanks for reading 🙌🏽 if you want to chat generally or if you’re interested in web3, FinTech, Cryptocurrency, Blockchain, and Exchange Trading, feel free to reach out:
Twitter (https://twitter.com/ngenidevs)
LinkedIn -https://www.linkedin.com/in/ngeni-developers-bb2a9421b/
Email- info@ngeni.io
— Shiko Karanja ✍🏼