NGENI DEV ROUNDUP CORNER.
Web3 Afrika Dev Roundup May 16-23th more fundings +why web3 +accelerators +new cohorts selected+Radar project
We provide weekly news resources for African developers, breaking down all news that is related to web3, blockchain, fintech, and the Exchange Trading ecosystem.
Hello 😎, welcome to this week’s recap of innovative technologies propelling Africa ahead.
✨RELEVANT NEWS.Funding announcements
➤Nigerian fintech startup Bridgecard has raised a US$440,000 pre-seed funding round to expand its user base and build out its platform.
Tech Gist Africa May 16, 2022
➤ Egyptian software startup, Instabug has raised US$46 million in Series B funding.
Founded in 2016, Instabug aims to help mobile developers monitor, identify and fix bugs within apps.
Disrupt Africa May 18, 2022
🚴♂️IN ACCELERATORS.
➤Swiss Investment Company, Crypto Valley, Launching Blockchain-Focused Accelerator for Africa
In a public-private partnership with the Swiss State Secretariat for Economic Affairs (SECO), CV VC is launching a blockchain focused Accelerator for Africa. The goal is to invest in 100 Startups from the African content in the next 4 years.
The CEO highlighted that CV VC already has 5 African startups on its portfolio and 5 additional startups in the pipeline to join its accelerator.
➤ The Google for Startups Black Founders Fund for Africa is accepting applications for its second batch.
Tech Gist Africa May 22, 2022
➤Adanian Labs announces a new cohort of African Tech startups incubated in their 2022 venture building program.
Tech Gist Africa May 22, 2022
➤AfriLabs launches e-learning platform to support innovation across Africa
Afrilabs is a network organization supporting over 340 innovation centers across 52 African countries, founded upon the mission of building a community around the rapidly emerging technology hubs in Africa.
Disrupt Africa May 23, 2022
🚀WEB3 CORNER🚀
➤Coinbase launches Web3 mobile DApp with DeFi wallet and browser.
➤Is Africa’s Digital Economy Ready For Web3? As it so happens, web3 might just be what Africa has been looking for all along.
The world is moving to Web3, a new iteration of the worldwide web-based on decentralization with blockchain and crypto technology, allowing companies to build new things that provide unique value to society. Here is how it will all happen.
🏆PROJECT OF THE WEEK🏆
RADAR WALLET
This is a mobile application that functions as a crypto wallet where one can store assets on most Ethereum Virtual Machine-supported blockchains (Ethereum, Binance Smart Chain, Huobi ECO Chain, etc.).
Users create wallets and receive and send any asset which is deployed on the blockchains mentioned above. The build is a cross-platform application for both Android and iOS platforms.
About NGENI.
NGENI is Kenya and East Africa's first pure-play and largest Blockchain & Web3 development engineering Studio with a 50-plus-person team. The studio recruits and trains recent graduates from STEM Universities across Kenya and today has twenty-five (25) talented developers, at our Kilimani Headquarters.
All engineers have successfully taken on complex coding challenges, and hackathons and have ultimately delivered on complex multi-Blockchain applications, bots, and dApps for international projects.
Thanks for reading👌
Contact us: NGENI Linktree
Shiko Karanja✍